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Status Monkeys
Eichhorn responds to the sociologist Pierre Bourdieu's 1970s concept of "cultural capital": the fluency in forms of high culture that could bestow social status and help members of elite classes to identify one another.
Cultural capital is knowing that cashmere is a more aspirational fabric than cotton or that a Jackson Pollock painting is much mor
... See moreI think it’s the same with social networks like Facebook and Instagram, everything. At the level of scale that they’re at now, the status game and the sense of progression is going to be way different than it was when they were just starting out.
Eugene Wei • Status Games: Engineering Scarcity in a World of Abundance
