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Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by scottishcow on Friday June 19, 2020 @02:56PM (#23577730)
So universities are conspicuous consumption, internships are conspicuous consumption, entrepreneurship is conspicuous consumption.

Perhaps the simple fact is that most people are motivated by the need for social validation, and only a tiny tiny fraction of the population is driven instead by things like intellectual curiosity, desire to help others / solve societal problems, etc. So any class of activity that becomes open to a sufficient number of entrants will eventually turn into a form of conspicuous consumption.

Now scientific research is conspicuous consumption (MIT Media Lab?), book authorship is conspicuous consumption, and political candidacy is conspicuous consumption. Are there any activities left that doesn’t function as a form of conspicuous consumption?

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by pjc50 on Friday June 19, 2020 @04:22PM (#23578520)
Surely anything is conspicuous consumption if you do it conspicuously and consumptively enough?

(That's a joke, but it also isn't - in a media panopticon society everything is conspicuous, and in an industrial/consumerist society everything is consumption .. that leaves only activities which are productive or collective but done privately. That leaves .. a few of the religions? Someone should break out the Baudrillard at this point, we are not the first to address this question)

Edit: I forgot the major media event of the time, duh; protesting, while very conspicuous, is intrinsically anticonsumerist, and getting injured and teargassed as part of it is sacrificial rather than consumerist.

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by Benjammer on Friday June 19, 2020 @04:20PM (#23578502)
>Are there any activities left that doesn’t function as a form of conspicuous consumption?

I would guess anything that doesn't involve exchanging money for an object or experience, in which the quality and/or duration of the object/experience increases with increased cost.

Some ideas off the top of my head:

- Volunteering your time locally in your community (soup kitchen, tutoring underprivileged kids, coaching youth sports, etc.)

- Building interpersonal relationships with new people

- Putting work in to maintain existing interpersonal relationships

- Meditation, mindfulness

- Building a tangible skill that takes intense study/practice over a time scale of multiple years to be considered an expert (craftsmanship, visual arts, martial arts, athletics, etc.)

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by analyst74 on Saturday June 20, 2020 @12:24AM (#23581642)
Time and money are both resources you have, why is spending time valued higher than spending money?

I believe this widely held view comes from people who have more money than time, so they value time more.

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by pdonis on Friday June 19, 2020 @03:18PM (#23577945)
> universities are conspicuous consumption, internships are conspicuous consumption, entrepreneurship is conspicuous consumption

> scientific research is conspicuous consumption (MIT Media Lab?), book authorship is conspicuous consumption, and political candidacy is conspicuous consumption

Is the paper making all these claims? I don't see them.

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by exolymph on Friday June 19, 2020 @03:25PM (#23578015)
Sometimes people write comments relaying their own opinions.
Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by scottishcow on Friday June 19, 2020 @03:26PM (#23578025)
Never said it does, was it confusing? Maybe my English needs more work.
Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by pdonis on Friday June 19, 2020 @03:39PM (#23578134)
> Never said it does

Then I don't understand who this question is supposed to be directed at:

> Are there any activities left that doesn’t function as a form of conspicuous consumption?

My answer would be that none of the activities you list (with the possible exception of the kind of wannabe entrepreneurship the paper is talking about) are conspicuous consumption. But it seemed like you were directing the question at the authors of the paper, not me.

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by scottishcow on Friday June 19, 2020 @04:12PM (#23578436)
> Then I don't understand who this question is supposed to be directed at:

To the HN community of course.

> My answer would be that none of the activities you list (with the possible exception of the kind of wannabe entrepreneurship the paper is talking about) are conspicuous consumption.

That’s a valid response, although I don’t agree. Note that I’m not regarding these activities to be entirely about conspicuous consumption, just like the paper doesn’t claim all of entrepreneurship is veblenian. Fwiw the paper does cite another work that claims some internships can be viewed as a form of conspicuous consumption.

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by pdonis on Friday June 19, 2020 @07:30PM (#23579959)
> Note that I’m not regarding these activities to be entirely about conspicuous consumption

If your definition of an activity being conspicuous consumption is that somebody, somewhere, can use it for conspicuous consumption, I think you're right that it's going to be hard to find an activity that isn't "conspicuous consumption" by this definition. But I would say that's a problem with your definition.

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by scottishcow on Friday June 19, 2020 @08:01PM (#23580201)
Well surely it's a matter of degree (and also chronological trends) we're talking about here. My writing may not be perfectly clear but other commenters seem to understand my point, nuanced discussions may be difficult but not impossible if we're engaging in good faith.
Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by dnautics on Friday June 19, 2020 @03:44PM (#23578194)
I think it was a rhetorical question directed at me. I got a chuckle out of it, it made me go 'hum...', and brightened my day about one micromort's worth.
Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by z3t4 on Friday June 19, 2020 @03:16PM (#23577921)
Medics, fictions, anything that is not considered cool
Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by sbierwagen on Friday June 19, 2020 @04:23PM (#23578527)
No. All human endeavour is social signalling.

https://en.wikipedia.org/wiki/Signalling_theory

Re:Towards an Untrepreneurial Economy? Rise of the Veblenian... by someguyorother on Friday June 19, 2020 @04:57PM (#23578787)
I'm naturally suspicious of this kind of reductionism, because it so easily shades into unfalsifiability.

"Everything you do is either because of X, or you believe it's for some other reason but your subconscious does it because of X anyway."