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Conspicuous consumption, its potential effect on world economy

01 November 16 - Styliani Rouchota
Conspicuous consumption, its potential effect on world economy

COMPANIES

Solum Property Solutions

Consultant - GREECE

Savills

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
The replacement of individual status consumption with an economy of shared experiences would not be painless. Traditional manufacturers could face disaster. In 1899, the American sociologist Thorsten Veblen coined the phrase “conspicuous consumption” in his book The Theory of the Leisure Class.

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