What this quote means

Veblen describes how conspicuous consumption—buying expensive goods to display wealth—serves to gain social prestige, especially for those with leisure time. This idea remains relevant in our consumer society, where brands and luxury items are often used as status symbols. It resonates when we reflect on our purchasing motivations: are we satisfying a real need or trying to impress others?

How to apply it daily

Before each non-essential purchase today, ask yourself if you truly need it or if you're trying to impress. Choose simplicity.