Rising Hemlines in the Bull Market, Logos in the Bear: Fashion as Economic Barometer
Shawna Warrensubstack.com
Rising Hemlines in the Bull Market, Logos in the Bear: Fashion as Economic Barometer
A key idea is that because we can’t be certain of the financial standing of other people, a good way to size up their means is to see whether they can afford to waste money on goods and leisure.
Desirability of something is today decoupled from its price, and its access is decoupled from wealth. Instead, it’s coupled with social capital, environmental creds, cultural savviness, a story, belonging, and its transformative potential to make us better humans.