Something You Should Know cover image

SYSK Choice: Our Preoccupation With Ownership & The Backstories of America’s Favorite Dishes

Something You Should Know

00:00

The Conspicuous Consumption of Wealth

Adam Smith said that there is a emotional relationship, a feeling of status and satisfaction when you accumulate wealth. A poor person feels literally, I think he used the phrase, is ashamed of their poverty. So there is that sense of achievement and the fear of not having things. And this is actually borne out with some really interesting research looking at the activation in the brain.

Play episode from 05:10
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app