Saturday Morning Breakfast Cereal by Zach Weinersmith for May 23, 2020
It's called conspicuous consumption Thorstein Veblen proposed it in 1899. The basic idea is that people spend wastefully and publicly to gain social status. So they put all this wasted effort into pointless things just for status? Yep. I'm glad we academics don't have that sort of problem. I wouldn't know. I spent all of my time reading books that are too obscure for other people.