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Yamuna Ramachandran's avatar

Good post! I don't deny the quality of a well-made product, but yes, there is a difference between something being priced appropriately high, and inappropriately overpriced. That these brands send out free products in exchange for free advertisement is pretty shady actually. If their product was so amazing, then reputation of their quality alone should result in sales.

Since having moved out of Manhattan, I'm no longer surrounded by Bulgari, Gucci and Saks storefronts. Not that I could have afforded those, but the allure was always there. Now I am focused more on quality of life.

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Jason Bowden's avatar

When I was young, I once asked my father, "What is the difference between regular and premium gasoline?"

"About ten dollars."

Corporations know many people buy things using a price-quality heuristic and take advantage of this.

I do understand the motivation behind Veblen-style conspicuous consumption -- it is amazing how women know the price of even banal things. But even this has its pitfalls, as we want to be mutually respected for who we are over the long run and not for superficial trappings.

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