[thrw045]

This is kind of getting into the weeds a little bit but for me and a lot of others luxury items can be fun to own. You can get an affinity for certain designers style, whether it's Gucci, Louis Vuitton or Balenciaga. The items are ridiculously expensive sometimes but it's kind of a tough line to balance because the fact that they cost so much make them more special. So how cheap should they be before they don't feel as special anymore? Is it all a bit irrational? I guess. There isn't a clear definitive defense for luxury items I think other than the feeling they can give. Some people can spend all their income on luxury items rather than other discretionary items because it's the most fun to them.

[bigyabai]

> There isn't a clear definitive defense for luxury items I think other than the feeling they can give.

Counterpoint: that is exactly what someone who charges $500 for a $5 pair of pants would want you to think. If you boil it down far enough, the principles you are describing are just inequality and luxury marketing.

[thrw045]

While that is definitely at play there is a deep rooted instinct in humanity to show status and to have something that is worth a lot. It goes beyond just marketing, which is why it "works" economically. I think the luxury market serves a certain type of mindset that has been there since ancient egypt even. It would be nice to have a society where status didn't pay a role but there hasn't been a social movement that has crystallized what that would look like.

I also think as a sidenote there is a difference between luxury and fashion. Fashion is about creativity and self expression, and for a long time, the luxury market was sort of the defacto place for creeativity rather than the cheaper labels that had more 'standard' clothing, at least where I live. That has changed a bit in the past decade though. I like both fashion and luxury, but I am conflicted about it too. For example in the luxury fashion world there is a thing called 'grails', which are essentially items that are difficult to get but are considered very cool looking in some way and so they become grails. A lot of people like the feeling of chasing and finally acquiring grails, so that's one aspect of it.