Thanks, that's a very interesting way to interpret it and seems to make sense to me. I was wondering if that was the objective of the yacht representation, since that seemed an otherwise contrived example.

I think it's fair to say that some consumptive activities are value positive, some are value neutral, and some are value negative for society as a whole. A yacht may in fact be value negative, but it doesn't mean every action where a person who holds some wealth purchases a thing to consume it is value negative.