Luxury Beliefs

Luxury Beliefs

Introduction

  • Luxury beliefs are ideas and opinions that confer status on the upper class while often inflicting costs on the lower classes.
  • Claim: Luxury beliefs have replaced luxury goods as a means of social distinction.
  • Developed this framework through personal experience: grew up in foster homes, joined the military, attended Yale on the GI Bill.
  • Observed class divides not just economically, but socially and culturally.

The Desire for Wealth and Status

  • Émile Durkheim’s insight: “The more one has, the more one wants.”
  • Two studies (2019, 2020) confirm that upper-class individuals have the strongest desire for wealth and status.
  • Household income in childhood predicts desire for status in adulthood.
  • Key finding: The more wealth and status people have, the more they desire.
  • The drive for status does not dissipate upon reaching the top but often intensifies.

Status Symbols: From Goods to Beliefs

  • Luxury beliefs vs. luxury goods: Previously, status was displayed via material possessions; today, it’s displayed via beliefs.
  • Adam Smith (1759): Elites adopt beliefs they do not truly believe in to gain social approval.
  • Thorstein Veblen (1899): Concept of “conspicuous consumption.” Luxury goods signal wealth because they are expensive and impractical.
  • Pierre Bourdieu (1979): Concept of “cultural capital” – elites distinguish themselves through tastes, knowledge, and behaviors.
  • Amotz Zahavi (1975): Costly signaling theory – only the strongest can afford expensive displays.
  • Luxury beliefs are costly signals that function similarly to fashion.

The Evolution of Status Symbols

  • Sumptuary Laws: Laws that restricted lower classes from displaying wealth (e.g., Samurai restricting merchants from wearing silk).
  • Spices in Europe: Once widely available, elites abandoned their use.
  • Dueling: Once exclusive to aristocrats, abandoned when it became widespread.
  • Luxury beliefs follow a similar pattern: Once adopted widely, elites move on to new beliefs.

Luxury Beliefs in Modern Society

  • Example: Defund the Police
  • Affluent groups were most supportive.
  • Poor communities bear the cost of rising crime.
  • Wealthy people can afford private security, flee cities, or live in low-crime areas.
  • Crime victimization statistics
  • The poorest are disproportionately affected by violent crime.
  • 1% of the population commits 63% of violent crime.
  • Elite hypocrisy
  • Affluent groups can afford protection while advocating policies that harm lower-income communities.

Cultural Capital: The New Status Signal

  • Language as status
  • Elite-exclusive vocabulary (e.g., “cisgender,” “cultural appropriation,” “unhoused”).
  • Terms like “justice-involved person” replace “criminal.”
  • Paul Fussell (1983): Upper classes use distinct language to differentiate themselves.
  • Scott Galloway (2020): Universities are now luxury brands.
  • Elite status signals require cultural fluency, which takes time to acquire.

Luxury Beliefs as Possessions

  • Endowment effect (behavioral economics): People overvalue beliefs once they adopt them.
  • Obstinacy as a signal of reliability: People who refuse to change their beliefs are seen as more trustworthy.
  • Black Sheep Effect
  • In-group members are punished more harshly than out-group members if found guilty.
  • Betrayal of the group is seen as worse than never being part of it.
  • Preventing deception: Being cautious about changing beliefs helps prevent being duped.

Intelligence and Manipulability

  • The Social Brain Hypothesis
  • Intelligence evolved to navigate social relationships, not necessarily to seek truth.
  • Keith Stanovich: Intelligent people are less aware that their beliefs are shaped by their social groups.
  • Higher intelligence may make people more susceptible to high-status dogmas.
  • Fear of reputational loss
  • Highly educated individuals are more likely to self-censor.
  • More fearful of job loss due to political views.
  • Historical examples
  • Nazi Germany: Educated elites were the most likely to conform to prevailing ideology.
  • Soviet Union: University graduates were the strongest supporters of communism.

Intra-Elite Conflict

  • Peter Turchin’s theory: Social instability arises from elite overproduction.
  • More aspiring elites than available elite positions → internal conflict.
  • Cancel culture as a form of intra-elite competition
  • Attacking rivals frees up elite positions.
  • New ideological trends introduced to oust competitors.
  • Status-seekers and political extremism
  • Study: People high in status-seeking are more likely to support political violence.
  • Social media outrage as a status-seeking strategy.

Conclusion

  • Luxury beliefs function as costly signals, conferring status at the expense of the less privileged.
  • Intelligence and education do not necessarily protect against ideological conformity.
  • Elite conflict often fuels cultural shifts.
  • Understanding these dynamics can help resist manipulation and maintain independent thinking.