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In fact, as less and less stuff becomes available people will be forced off "stuff" as a status market, and access to "stuff" (concentrated natural resources) will be the mark of the superwealthy.

The problem is that the efficacy of "stuff" as a status differentiator is correlated with its scarcity.  If everyone can have it, it is no good for denoting relative status.  If it is exclusive to a few - whether the super wealthy, ruthless, talented, or lucky - then it has value as a status differentiator.

The fact that elephant tusks are getting scarcer just makes them more valuable.

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Jan 12th, 2009 at 10:36:10 AM EST
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