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conspicuous consumption

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conspicuous consumption

Selection and purchase of goods for their social value as status symbols rather than for their inherent or practical value. These might include items with an obviously expensive brand-name tag. The term was coined by US economist Thorstein Veblen.



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CONSPICUOUS CONSUMPTION HAS BILLY MARKS JOINING the Harley club, while Zero's Jon Allie has picked up a customized race-ready go-kart with which he's been spotted making the quick trip from his house to Black Box.
Fashions here took longer to change, and the urge to get rid of what one had, simply to accommodate more of the same, only newer, was discouraged by a culture that traditionally frowned on conspicuous consumption and waste.
That's because this likable, undemanding family get-together is really more of a generational reconciliation drama than a sendup of conspicuous consumption.
 
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