Thorstein Veblen coined the term conspicuous consumption to describe inessential and wasteful consumption by the upper social classes
In his most famous work, The Theory of the Leisure Class, Veblen writes critically of the leisure class for its role in fostering wasteful consumption, or conspicuous waste. In this first work Veblen coined the term conspicuous consumption, which he defined as spending more money on goods than they are worth.
We might go on to say that there is also another social trait which we could refer to as conspicuous assurance. It is necessary for elite classes to exhibit a level of assurance about certain important public narratives where the level of assurance is greater than the narrative will rationally bear. In many cases, much greater.
As communication technologies have become cheaper and thereby more widely available, knowledge is no longer restricted to those with an elite education. Mass-produced books, magazines, newspapers and lending libraries made knowledge more democratic. The internet is taking that development much further.
Elite social classes still have a need to exhibit assurance and confidence, but have been nudged into areas of knowledge which are at best uncertain. These are areas where confidence about the mainstream narrative is unwarranted, where consensus may be a worthless social fabrication or worse.
Examples are climate change, sustainable energy, electric transport, gender politics, race politics, pandemics and immigration. All of these are sustained by irrational confidence in consensus narratives which vary from dubious to false to absurd. Yet they partly define certain social classes which do not appear to know how to extricate themselves. Or more likely, they do not care.
As a consequence, elites have been nudged into impossible positions where the only exit may be totalitarian politics.
Elite social classes still have a need to exhibit assurance and confidence, but have been nudged into areas of knowledge which are at best uncertain. These are areas where confidence about the mainstream narrative is unwarranted, where consensus may be a worthless social fabrication or worse.
Examples are climate change, sustainable energy, electric transport, gender politics, race politics, pandemics and immigration. All of these are sustained by irrational confidence in consensus narratives which vary from dubious to false to absurd. Yet they partly define certain social classes which do not appear to know how to extricate themselves. Or more likely, they do not care.
As a consequence, elites have been nudged into impossible positions where the only exit may be totalitarian politics.