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Luxury Belief Systems and Economic Stagnation: The Recipe for Our Discontent

The result of these two trendlines—the dominance of luxury-belief-driven status competition in a period of extended economic stagnation—was a brew of identity politics, political tribalism, and cultural warfare that would have been bad enough on its own.

· 8 min read
Luxury Belief Systems and Economic Stagnation: The Recipe for Our Discontent
Ten Thousand Villages store in Bryn Mawr, Pennsylvania

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