Veblen’s theory of conspicuous consumption made me think of why many people are in debt. With money that they do not have, they tend to splurge on brand names and feel some kind of satisfaction after their purchase. Without thinking that they have gone broke, all society cares about is “fitting in” and how they are looked at. If a wealthy friend of yours posts a picture of themselves wearing Christian Louboutin heels (which are the most uncomfortable shoes) people will praise them and their friends who see the picture might even end up buying the same $600 shoes, although they cannot afford it. People will also go out of their way to buy fake Louboutins or any heels with red bottoms. It’s all about fitting in and it doesn’t come cheap. Even new “hipster” looks do not come cheap–in order to have that “bum” look consisting of loose shirts, ripped jeans, and cozy oversized sweaters there is a price to pay for that outfit, about $80. In my opinion, I think most of us are guilty of conspicuous consumption whether you like it or not. That’s just how society has raised us.