In a true leisure society, everyone's life becomes a pure costly signal. Peacockonomics.
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this would be true if art couldn't find ways to help people wirehead on belonging
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actually, most peacocking is collective tribal peacocking, so that's included in my formulation for free
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example: TV provides high-status people desperate for your approval, no costly signaling required
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never been in a big screen tv arms race have you? :) Back in the day, color TV people thought they were better than b&w
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