Something I've been thinking about recently is the decoupling of aesthetic and economic capital in asset-based economies, and how it contributes to cultural stagnation. It used to be that cultural fluency/education was a proxy for wealth because it was used as the legitimising https://t.co/I2WpTuL5Ys

At the end W. David Marx's Status and Culture, he describes our current state of culture as being defined by 'omnivore tastes'. "The most masterly wardrobes mix vintage Givenchy with Uniqlo" he says. I think this manifests in these 'mysterious source of income' people who, by virtue of crypto, grifting, or talent, become wealthy, but due to the... See more