Re:Why the World Is Too Optimistic About China's Economic Fu...
by netcan on Tuesday October 21, 2014 @04:58AM
(#8486510)
Conspicuous consumption is an interesting concept, but it's over used.
Rolexes don't mean anything if everyone can afford one. The consumption of the middle classes has elements of all sorts non rational behavior, but dismissing people's economic motivations this way is disrespectful, especially people you don't know.
Personally I see ambition, especially ambitious for the next generation as a healthy disposition. What it will be applied to will vary and change, but the ambition itself can build momentum.
Rolexes don't mean anything if everyone can afford one. The consumption of the middle classes has elements of all sorts non rational behavior, but dismissing people's economic motivations this way is disrespectful, especially people you don't know.
Personally I see ambition, especially ambitious for the next generation as a healthy disposition. What it will be applied to will vary and change, but the ambition itself can build momentum.