Andrew Reeves
@reevesy
Andrew Reeves
Filterworld: How Algorithms Flattened Culture a book by Kyle Chayka
bookshop.org
Throughout the history of human civilization, luxury was premised on being expensive, meaning it resulted from investing an unreasonable amount of work, material or other scarce resources into the making of a thing.
But today’s rich [...] wear $500 cotton t-shirts with inscrutable references and visual motifs pulled from a smörgås-moodboard that
... See moreMembership is also a vehicle of the modern aspiration economy. It represents a shift from doing things for the benefit of others (conspicuous consumption) to a value model where we invest in things that benefit ourselves: access, knowledge, information, experience, privacy, belonging, self-actualization. In the modern aspiration economy, consumers... See more
Ana Andjelic • From Loyalty to Membership
Their analysis depicts three distinct types of new luxury goods: accessible superpremium, old luxury brand extensions and mass prestige or mass-tige. Accessible superpremium designates products that are considered at or near the top of their categories in terms of quality, and are sold at a considerable premium. Despite the comparatively high price... See more
Fabian Faurholt Csaba • Redefining luxury: A review essay
Obsessions: My Virtual Soulmate
Apparently, a great way to make friends is to tell a funny story about something that happened to you -but be sure to exaggerate. Exaggeration fosters closeness. People love to know that you’re more invested in telling them a good story than you are in accurate reporting.
Well, the Marriage Pact, an annual matching ritual that has become popular on nearly 90 college campuses around the U.S., has turned that dusty cliche into fun.
And a few couples have found lasting love.
Nearly half a million students have participated since the pact first rolled out at... See more
If Nike announced that they were opening a hotel, you’d have a pretty good guess about what it would be like. But if Hyatt announced that they were going to start making shoes, you would have NO IDEA WHATSOEVER what those shoes would be like. That’s because Nike owns a brand and Hyatt simply owns real estate.