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this post was submitted on 23 Sep 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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From an article about a boutique brand that sells books to rich people:
Oh, so they publish textbooks.
🎶 Please allow me to introduce myself 🎶
now where did I leave my hammer and sickle
"...37%.... That means nearly one in four..."
Eh, no it doesn't, it means nearly two in five. Which is worse.
So you're saying that they've got books worth at least a grand which their owners are literally using to flaunt their wealth?
I'm legally obligated to say stealing is legally and morally wrong buuuuuuuut
@BlueMonday1984 Betcha the authors aren't getting paid industry-normal royalties (10-15% of net receipts) on those Veblen goods …
(A few of my novels have been sold as limited-run signed first editions. Typically for 50%-100% more than the normal hardcover price, so maybe 3-5% as much as this nonsense. Cost of goods for a leatherbound, gilt-trimmed luxury edition is maybe $5-10, plus 10% of the cover price for the author. So someone in the middle is making serious bank.)
Of course the books are just vapid art books or travel books.
I just learned about this “wonderful” little item too
@froztbyte Your term of art in economics to describe this shitbaggery is "Veblen goods": https://en.wikipedia.org/wiki/Veblen_good
"a type of luxury good… for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure."
handy to know, ty
"Complimentary Carbon Efficient Delivery"
Carbon Efficient even...
That means that DHL driver has to take bike instead of car for this one
If there is an elevator in the apartment, the driver has to take the stairs, contractually. Of course people who order that don't live in high rise apartments where the driver can reach the door, so everybody wins.
Assouline! The gasoline of ass!