Effects Of Extravagance And Luxury

All i’ve heard from others is that money is everything. That its all you need to survive. That's not true, you don't need wealth. There's people with wealth or people without wealth. That's where people rate you or how you're famous or known out there because you have you have money. Well none of that matters because we were all born to be equal nothing more, nothing less. You might think thats how its suppose to be, where someone's on top or on bottom but everyone should be treated the same.

In the book Money and Class in America written by Lewis Lapham, the way Americans look at money is exposed. It compares other nations view on monetary value against that of the Americans. It is a fact that we place more value on money than anything else. This book illustrates the corruptness of the “American Dream” as it focuses money as the “currency of the soul” and through the dream, men remain free to rise or fall. Their life is the product of the effort and the decisions put forth by them.

Deluxe: How luxury lost its luster, by Dana Thomas, brings a hard hitting, raw look at the world of luxury and the mass demand of luxury that has occurred. The book was published by the Penguin Group in 2007. Luxury is defined by Thomas as truly special, and was only available to the aristocratic world of wealth and old money in western culture. Luxury signified an experience and lifestyle that denotes royalty, fame, and fortune. However, with large companies owning the former family-owned luxury producing businesses, profits are the main goal not the production of luxury. Thomas reveals the unfortunate demise and rise of

Greed takes over many peoples lives today and it seems that the world revolves around money, wealth and other things and it controls many peoples lives. For example, the four children that own walmart made over 29 Billion dollars a year for owning walmart but they pay their 1.4 million workers so little that they can’t support themselfs. This example should really be addressed because even though they make so much money a year that they could just burn most of it and still be rich when their workers struggle to make a living. On the other hand Walmart started from nothing and grew to where it is.

It can be said that money is power in the United States, and this is brought out in the essay, “Class in America---2012” written by Gregory Mantsios. He says that even though many Americans do not like to discuss class, “it can determine where people live, who their friends are, how well they are educated, and what they do for a living” (Mantsios). Many Americans do not speak about class type, and most find it unacceptable (Mantsios). Unfortunately, we can see that there are laws that are built to help and better the wealthy, while it cripples the rest of us. According to the Economic Policy Institute, “The richest twenty percent of Americans hold nearly ninety percent of the total household wealth in this county” (Institute) Gregory Mantsios without reserve describes the majority of people are at a disadvantage in their social class, while the upper class is compensated.

In American society, wealth has played a particularly significant role in shaping the culture and standards set for our country. With every dilemma that has occurred, money was been an underlying deciding factor in the end. John.F.Kennedy makes this very clear in his statement on lowering the prices of steel, all the way Jennifer Price's take on people being obsessed with a money, even Scott Russell’s article on the status quo Americans believe determines one's happiness and success. All of these passages tie together to show just how money influences our very own society.

A person’s socioeconomic status is a way in which a group of people can be marginalized. Fluctuating in financial status, incorporating incongruities in the conveyance of riches, wage, and access to assets, influences everybody. Disparities in riches and personal satisfaction are expanding in the United States and internationally. Behavioral and sociology experts have the instruments important to complete and recognize methodologies that could reduce these abnormalities at both individual and societal levels. Low socioeconomic status (SES) and its corresponds, for example, lower training, neediness, and weakness, at last influence our general public overall. Everybody profits by an expanded spotlight on establishments of financial imbalances

Money will not always be there for you, but your family and friends will be. According to society, being in the upper class, you have to have money, nice clothes, and a nice house. To be in the middle class, you have to have some money, some nice clothes, and a good-looking house. To be in the lower class, you have to have little money, not very many clothes, and a house that is not in good condition. American society does not put people’s personalities and characteristics into consideration. American society puts people’s physical features and wealth into hand.

Interestingly, Carnegie drew a distinction between how one gains wealth, and the effect this may have on how he spends his money. There are those who inherit wealth; they are the most likely to spend frivolously. To the contrary, those who earn money through hard work, develop a greater appreciation for money. He further encouraged those with great wealth to “set an example of modest, unostentatious living, shunning display or extravagance” (Carnegie, 1901). Facets of today’s society can be seen praising pretension, and encouraging flashiness or frivolity. As cultural values change, the

Money is what makes the world go around. From day one, people are assimilated with the idea: to consume, one must spend a medium sufficient enough to receive an object that is desired. Every country has that medium. The Europeans have the Euro, the Japanese have the Yen, Chile has the Peso, and the United States has the Dollar. However, this idea of “getting and spending” has done more harm than good in specific countries. Particularly, in the United States there has been a growing issue of income inequality. The textbook definition of income inequality states: the difference between individuals or populations in the distribution of their assets, wealth, or income. The political problem itself, nevertheless, is deeper and

There is a paint of confinement to the measure of cash that we can spend on ourselves. Still, the wealthiest among have amassed riches they or their offspring will never use in their existence. Still, they are not fulfilled. They want more. Thus greed more. That is the bit of cash. It never makes individuals content. The individuals who would prefer have it not have it. The individuals who have it need to have significantly a greater amount of it. Tragically, in our quest for wealth, we frequently neglect to live. We neglect to welcome the little delights that make our lives worth

" We are living in a material world." This famous line in one of Madonna's songs entitled "Material Girl" will never outgrow itself. Ever since the beginnings of monetary means, the main focus of living is getting more money and to be as successful as possible. This became a huge issue during the 1920's. In this era, people made money from the stock market, illegal bootlegging and so forth. With these people hitting the jackpot, this then created a new rank called `new money'. This rank, however, never overpowered `old money' the most wealthiest, well-known and respected class. The possession of material wealth however, can't bring true happiness. Love is an important factor in this equation; when you don't have love, it is hard to say

It should be highlighted that money may allow one to get all the temporary comforts of life, but it must also be considered as to which type of person benefits from money as well. For example, an individual dying from an incurable illness, cannot be satisfied while being in possession of a great deal of money, when they are not even able to spend and enjoy it to its fullest content. Furthermore, someone with vast riches may be considered lucky by many, but the individual himself only realizes that if there is no one to share the bounties with, there is indeed no sweetness, no matter how ripe the fruit may be. Then again, if you happen to pick out someone from the opposite end of the upper class and elite, someone who belongs to a third class community, having a large family, loving spouse and even the beloved pet, he or

I live in a society of “misfits”. Money is everything in the society I live in. Good hearted people are never shown to have as much value or worth as those with the biggest banks. In many ways people who fight the hardest to win, ends up coming up short due to the price tags. I constantly feel like I am in the middle of these battles. I was never a fan of conformity, it always made “different” bad, I don’t agree with that, the world needs mavericks.

The world is the influenced by what they see and want to be there, where the low class wants to be like the middle class and the middle class trying to look like the upper class. Today celebrities and people in upper class have influenced our sense of importance and needs, when it comes to the aspect of picking commodities. Thus, many have resulted to high and unnecessary expending in order to imitate a particular social icon. It can be ascertained that almost all average American adult being in debt might be as a result of overspending their need limit. This excessive and unnecessary spending as a result to boost our economic status has led to some drastic tragic events. A Chinese man, Tao Hsiao, 38, on the 9th of December 2013, jumped to his death in a shopping mall at China because the girlfriend would not stop shopping after several hours of shopping ( The Washington Times). “He told her she already had enough shoes, more shoes that she