discussion 5


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1.  Veblen's tripartite scheme for conveying wealth included leisure: the less you had to work, the higher your status. This may no longer always be true. The constantly working (so called workaholic) lifestyle now carries prestige in some sectors of the economy. Story in the Atlantic: https://www.theatlantic.com/business/archive/2017/03/busyness-status-symbol/518178/

2.  Here is a link to the recycling program at H&M.  According to the website it started in 2013. Anyone think they are profiting by shipping the clothes to other less developed countries? Or do they really recycle for the "greater good"?


3. Fashion has some interesting niches. Story here: https://theoutline.com/post/1526/balenciaga-ikea-bag-fashion?zd=1&zi=oozlh3rn.

4. Nutella, which has an amazingly loyal, passionate and sometimes communal fan base, recently changed its formula and fans are hopping mad: https://www.telegraph.co.uk/news/2017/11/07/nutella-fans-go-nuts-changes-recipe-beloved-chocolate-spread/.

5. Schudson asserted that it took an immigrant or outsider to speak of American consumerism positively. Here (https://blog.chron.com/thetexican/2014/04/when-boris-yeltsin-went-grocery-shopping-in-clear-lake/#22200101%3d0) is an account from 1989 when then Russian President Boris Yeltsin visited an American Supermarket and marveled at what a wonderful thing it was.

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