Now we know how much it costs to make a $2,800 Dior bag - eviltoast

57$

    • chonglibloodsport@lemmy.world
      link
      fedilink
      arrow-up
      9
      ·
      4 months ago

      Yes, these are Veblen goods. People buy them to signal status. The more expensive they are — and the more conspicuous they look — the stronger the signal they send.