Stupidity in Luxury


The lyrics to David Lee Roth’s Just Like Paradise painted a wonderful world of no problems whatsoever.  “We’ve made it!”  A phrase often uttered that signals that your struggles are over and comfort is here.  Well, if you can even call it comfort…

I’ll be the first to admit that I’ll be very cynical about today’s topic.  It’s not nice shaming people and I ought to let people do what they want to do if they’re not hurting anyone and they made the money themselves.  However, I dare somebody to keep a straight face if they found out their friend bought a muddy pair of jeans for over $500, and closer to $600 than it is to $500.

No, this is not a lie.  The New Daily reported about the expensive dreadful jeans in the article, “Dirty Jeans for $597.  It’s Official – Fashion’s Gone Mad”.  This is all real by the way.  You are awake.  We have reached a point in our society where rich people think it is trendy to look poor.

There are subliminal immorality issues associated with that but that’s not the focus.  The focus is the ridiculousness of charging so much for something so, so, so not worth that much!  Fashion is not easy to understand granted.  It’s like art and some art pieces cost a lot with their abstract prices.  And if that’s the argument here, this is some cruel art.  So basically, I can smudge mud on a pair of jeans and I am able to lie to consumers and sell it for $500.  But if I wash it off, then it’s cheaper.  So, it’s more expensive for the jeans to look uglier.


Is this a far leap from the outlandish things we see in fashion?  Not really, we already have jeans with holes.  Jeans with holes…  They want you to pay more for providing less material and coverage for your knee.  I have a hole in my jeans, does that make it fashionable?  Gee, I should fall down on tar roads more often.  Actually, I should.  Mine looks really weird with just one hole on one side.

With all that said, that’s just the appetizer.  Like I said, art is abstract.  Less could mean more, the clothing tells a story, blah bla blah.  I don’t understand and don’t want to understand.  The highlight of dumb luxury belongs to the Fyre Festival.  If you have not heard about this festival, take a break from this article.  Google it, get your mind blown and then come back.  I’ll wait.

Amazing, right?  It’s a comedy, a drama, a thriller, a survival tale!  You name it!  If you were too lazy to Google it, here’s the rundown according to The New Daily article titled “Once in a Lifetime Fyre Festival Ends in Chaos”.  Guests paid a range of $12,000 to $120,000 for a music festival that promised to be an immersive and rich lifestyle experience with great music, luxurious accommodations and gourmet dining.  But when they arrived, the bands didn’t show up, their villas and suites were replaced with disaster relief tents and their gourmet dining was a Styrofoam box containing two slices of bread with two slices of processed cheese and a cheap salad.  To make matters worse, it turned out that the island had no water and sewage system.  It turned into a survival tale as guests turned on each other and mugged each other for food and other resources.  Frankly, the reason we can all laugh at this is because nobody died.

But how did we get here?  This needs to be remembered for the future if you ask me.  The Fyre Festival is a fascinating case study of what not to do to sell a product or organizing an event.  I’m getting sidetracked again.  That’s not the focus.  The focus is on the consumers.  It’s not a stretch to say they have been duped.  I know it’s harsh and rash to consider this a fraud.  But the fraud isn’t so much the event itself rather than what was essentially being sold.  It’s the market itself.


Music festivals are traditionally speaking about the exploration of music right in front of your eyes.  It’s for the genuine music lovers.  The gourmet dining and beautiful hotels are just accompaniments.  However, the genuine core of the original idea, which is the music festival, is all lost with the overpricing.  Ron Knox of Slate wrote an article titled “How America’s Luxury-Obsessed Festival Industry Made the Fyre Festival Debacle Possible” and I am basically acting as an echo for his thoughts.

Buyers have lost their buying power by accepting the rising costs.  The event of rising costs is a natural progression of the market but $100,000 to see punk-rock band Blink-182 and forgotten rapper Ja Rule as the headliners?  That’s way too much, even if you are a big fan of either of them.  Never mind the disaster of an event.  They could have kept their promises and I would still balk at the price!

A free capital market is healthy but at the same time, it gives firms way too much power.  It’s nice to treat ourselves to a life of luxury for sure.  However, there exists a thick line that should not be crossed.  It’s arbitrary but let’s place it somewhere rational, huh?  Now if you will excuse me, I’m gonna get some brown paint and “accidentally” dirty my jeans up.

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Fun Fact!

Fun Fact!

Did you know that Malaysians are shopping less over the weekdays but more over weekends? Drugs & Beauty Store however, was an exception to this trend. Find out more behavioral changes of Malaysians and get your full report by emailing directly to Malaysia@Kantarworldpanel.com.

Source: Kantar Worldpanel Malaysia