![]() ![]() These aren’t things we buy for their intrinsic value they’re things we buy for what they’re supposed to project about us to others.Ĭonspicuous consumption naturally leads to an endless competitive cycle-in response to your purchase, someone else buys something even more expensive, leaving you dissatisfied because it devalues your own purchase. Examples would include things like a sports car or a piece of fancy jewelry. One effective way you can boost your happiness through striving for the right things is by shifting from conspicuous consumption to inconspicuous consumption.Ĭonspicuous consumption is when we buy visible, materialistic things for the purpose of demonstrating our wealth, prestige, or status to others. What Is Conspicuous and Inconspicuous Consumption? ![]() ![]() Keep reading to learn why we should only be focusing on inconspicuous consumption. Inconspicuous consumption will bring you more long-term happiness that is absolute, rather than relative happiness. Inconspicuous consumption is when we spend money for our own benefit, such as on a vacation, while conspicuous consumption is when we buy materialistic things to demonstrate our wealth. What is the difference between conspicuous and inconspicuous consumption? Why are we happy making less money as long as it’s more than our peers? Like this article? Sign up for a free trial here. Shortform has the world's best summaries and analyses of books you should be reading. This article is an excerpt from the Shortform book guide to "The Happiness Hypothesis" by Jonathan Haidt. ![]()
0 Comments
Leave a Reply. |