Some attribute the retreat to a craving for intimacy and familiarity, after the wrenching dislocations of Sept. 11. Others see a return to frugality and inconspicuous consumption in a recession.
Kate Betts, "The Fine Art Of Being A Homebody," The New York Times, December 30, 2001
Connie Cutter, "I'm O.K. -- You're Fat," Sojourner: The Women's Forum, April 30, 1980
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In other words, the conspicuous consumer spends money to impress other people and to ensure that others are well aware of the spender's socioeconomic status. By contrast, the inconspicuous consumer doesn't want to impress anyone. In fact, what they really want is for other people to think of them as being lower on the socioeconomic totem pole than they really are. This is partially a desire not to flaunt one's good fortune, and it's also a security measure, the idea being that one will be less likely to be robbed if one doesn't act or appear rich.
barefoot luxury
commodified leisure
conspicuous austerity
conspicuous conservation
conspicuous creation
culture jamming
debt porn
downshifter
financial pornography
frugal fatigue
investment pornography
investorism
joy-to-stuff ratio
lipstick effect
lipstick indicator
personal shopper
precycling
prosumer
recession chic
rocketing
snob effect
soul proprietor
stealth bag
stealth wealth
subvertisement
voluntary simplicity
work-life balance


