I'm no exception to your rule, but are you really so confident that all of humanity shares the same appetite for status signalling? I'm not a particularly social person, but even I can think of some counterexamples in my personal life. Obviously, we can also consider most of the extremely wealthy (Zuckerberg, Bezos, etc) as well.
hospitalJail|2 years ago
I'm doing the opposite of status signaling. I'm hiding my wealth. I don't need people to know I just bought an expensive computer or 3D printer. Heck, that makes me a target.
It also alienates friends who are insecure. I already ran into this when I graduated college, got a real job, and my blue collar high school friends got weird about it.
Heck, I knew I was going to be very well off. When I had my home built, I made sure the front-most peak of the house was on the first floor rather than the second floor. I didn't want my home to appear grand.
MonaroVXR|2 years ago
TeMPOraL|2 years ago
spacebanana7|2 years ago
The hypothesis about status signalling is more difficult because many individuals acquire status by rejecting conventional status objects. Many people respect Socrates, AOC and Gandhi in large part because of their modest lifestyles. It's possible to describe their behaviour as buying status via the opportunity cost of other consumption, but I worry the opportunity cost approach makes my theory too overpowered to the point of being unfalsifiable.