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Re:Diamonds Are Bullshit by stephengillie on Tuesday March 19, 2013 @08:57PM (#5404834)
Women can't use another proxy to signal financial security, like the dollar amount in a bank account, or a house down-payment, or a secure job?

Women can't talk for themselves? Do women still want a man who is financially secure? What about independent women? How many women have posted in this thread (compared to HN's overall male-female posting ratio)?

Re:Diamonds Are Bullshit by rayiner on Tuesday March 19, 2013 @10:33PM (#5405242)
> Do women still want a man who is financially secure? What about independent women?

Most of my female friends are professionals (graduate degrees, well-paying jobs, etc). The vast majority of them (literally 90%+) want a man who is financially secure. Part of it is attraction, but it's also part pragmatic. Most women will have kids at some point in their lives (the %-age of women who remain childless by 45 is actually trending down slightly after peaking around 20%), and even in 2013 the burden of child rearing still falls disproportionately on women. Women are still the ones that, disproportionately, compromise their careers to take care of children.[1] Given the statistics, even "independent" women have a rational reason to seek financially secure men.

[1] A longitudinal study of graduates of the UVA Law School class of 1990 found that while women and men went into private practice and to large law firms in similar proportions, after 20 years almost all the men were still working while half the women had either dropped out of practice entirely or were part-time.

Re:Diamonds Are Bullshit by kamaal on Wednesday March 20, 2013 @04:35AM (#5406160)
>>Part of it is attraction, but it's also part pragmatic.

Understandable, Why.. Continue reading..

>>Women are still the ones that, disproportionately, compromise their careers to take care of children.

Sorry. women 'want' to compromise their careers and take care of the kids. I'm not saying raising kids isn't tough.

But most men I know will happily stay back at home and take care of the kids, if the their wives would take up all the financial problems/responsibilities of the home.

'Compared'(and compared to raising kids) what you have to do make the financial ends meet. I would say most women will pick raising kids. That's more or less is a no brainer.

Re:Diamonds Are Bullshit by tedsanders on Wednesday March 20, 2013 @12:41PM (#5408387)
Yes, and given that women are more likely to pick raising kids, then it becomes important to partner with a man who makes good money. It seems like you agree with the person you're responding to.
Re:Diamonds Are Bullshit by transitionality on Wednesday March 20, 2013 @10:58PM (#5412520)
No.It becomes important for women to stop leeching off of men. It becomes important for women to let more men leech off of them. This is what equality entails.
Re:Diamonds Are Bullshit by eli on Tuesday March 19, 2013 @09:11PM (#5404898)
How do you signal the value of your bank account besides using it to buy expensive things? (And this is certainly not a gender-specific problem: consider sports cars, gold chains, or bottle service at clubs)
Re:Diamonds Are Bullshit by stephengillie on Tuesday March 19, 2013 @09:30PM (#5404966)
You could signal directly, such as an ATM receipt.

I understand the point you're making -- the value of expensive things in signaling to someone you don't know. I can't see the point in marrying someone if I couldn't trust them with my bank account.

Edit: I'm realizing that this is entirely from my perspective. How does a woman without earning potential display her husband's wealth to her family and friends? She asks him to buy her an ornament to prove how much he values her. This puts the man above the woman, inequalizing them.

Is there any custom where a bride and groom exchange gifts of equal value?

Re:Diamonds Are Bullshit by eli on Tuesday March 19, 2013 @09:42PM (#5405027)
Yes, it's for signaling peers, not partners. I assume most people who buy a Porche do so for the same reason: they want their community to know they have a lot of disposable income.
Re:Diamonds Are Bullshit by roel_v on Wednesday March 20, 2013 @04:59AM (#5406202)
Or maybe they like nice cars. (I don't have a Porsche).
Re:Diamonds Are Bullshit by cookiecaper on Wednesday March 20, 2013 @05:26AM (#5406268)
There are many nice cars that aren't Porsches, and there are ways to own and/or drive a Porsche discreetly.

No matter how nice a car is, the large-scale social consequences of flashing a status symbol should be considered before purchasing a brand associated with that, especially for a daily driver.

Re:Diamonds Are Bullshit by roel_v on Wednesday March 20, 2013 @06:46AM (#5406475)
Sure, I was just being antagonistic.

Last week I was in a sales training course where the trainer explained 'leitmotifs' of buyers, one being 'status', his example being 'a guy driving a Porsche and wearing a Rolex'. Of course there was one guy there with a Porsche and a Rolex who then found it necessary to defend his choices as being objective, rational, etc. (He didn't need to, but I guess it's hard not feeling being put on the spot in a situation like that). Still it was funny seeing him squirm while being hit over the head with all sorts of variations of your argument. (not that I disapprove of status symbols or some such thing, I'd buy them if I could afford them I guess :) )

Re:Diamonds Are Bullshit by roel_v on Wednesday March 20, 2013 @04:58AM (#5406200)
"You could signal directly, such as an ATM receipt."

Not sure what you mean here - are you saying 'show everybody the receipt'? That's not signalling, signalling includes 'being socially acceptable', which talking about how money you have or walking around showing your ATM receipts certainly isn't.

Re:Diamonds Are Bullshit by jlcx on Thursday March 21, 2013 @10:57AM (#5415441)
Regarding gifts of approximately equal value, I've heard of women giving men "engagement watches". It seems like they're generally worth less than the rings, though.
Re:Diamonds Are Bullshit by revelation on Tuesday March 19, 2013 @09:17PM (#5404921)
You can argue that the diamond market was mischaracterized here, but right now you're arguing a strawman.

(Scroll down for more reporting on how the liberal view and equality mindset might currently clash with reality; the explosion of this comment thread is more evidence of the same phenomena)

Re:Diamonds Are Bullshit by Helianthus on Tuesday March 19, 2013 @09:07PM (#5404878)
On that subject, perhaps it's noteworthy re: diamonds that the loudest--as far as attention goes--feminine point of view (in the heteronormative sense) in this topic has been expressed only by proxy.

Or, as you indicate, perhaps that's just a symptom of the general male-female ratio.