- Messages
- 12,453
So I posted this on FNB too, but i thought it good enough to post here as well. It points out what I see as the emotional retardation of modern society, as the vast majority of people never reach self actualization.
doghouse:I ended up getting this book just for more insight in Chinese buying trends on a cultural level, and honestly the author becomes very contradictory on a lot of points and terms, though he is very astute (He is an analyst for HSBC I believe, and worked in the faux luxury sector). But my biggest gripe is actually totally resolved by the epilogue below, which I was happy to read after a mixed reaction to the book itself.
Epilogue What Is True Luxury?
‘Why, then, can one desire too much of a good thing?' —Rosalind in William Shakespeare, As You Like It
Ever wonder how to define luxury, true luxury? The answer could probably take another, much bigger , book to answer and we can debate for hours and never agree. Think about the Chinese avatars, Calvin Li, Lewis Wang, Sir Winston Churchills Flem spoon. Ma, Brittany Chen and Hermes Zhou. Are they really accessing luxury or are they living in a material world and missing the point? Forget Madonna ; accessing luxury could one day soon mean living in a material world no more. Whether with age or a great deal of sophistication or both, true luxury could well be an access to quality rather than volume (remember the British television series from the late 1960s called The Prisoner: ‘I'm a not a number, I am a free man'?), services rather than products, holistic experiences rather than accumulation of branded goods. Once you have acquired all the goods that enable you to display social status and fit in, what is left? Simplicity, self-esteem and possibly influence.
Simplicity: The Banana Leaf Parable
Japanese consumers have discovered simplicity in a very sophisticated manner, if that makes sense. After a period of brand obsession and big-box stores, gradually the consumers have looked at products by functionality and usage rather than by brands. Cynics might argue that luxury products are simply destined to a very young audience that knows little about life's values and needs to prove itself in a very vulgar, Lewis Wang manner. Charles Eames and his wife, Ray (née Kaiser), the famous twentieth-century designers, did much for modern architecture and furniture. But Charles also made a comment that can be quite relevant for the evolution and sophistication of luxury consumption. While giving lectures at Harvard in the early 1970s, he spoke of the banana leaf parable. In essence, the story is the following: In India , notably in the South, members of the lowest in caste generally eat food on banana leaves. Better-off men would have low-fired ceramic dishes. Higher up, you would find some with a glaze on, called tali. Another step up is the brass tali, the bell-bronze tali with some trading up to a silver-plated one. And then why not solid silver? As Eames put it, ‘I suppose some nut has had a gold tali that he's eaten off of but I've never seen one'. ‘Once you go beyond that, the guys that have not only the means but a certain amount of knowledge and understanding go to the next step and they eat off a banana leaf'. . . Luxury consumption is all down to psychology, your place in the world and the influence of others. The banana leaf in the story hasn't changed at all, people and their perceptions have, that's all. Many consumers will be shocked at price points within Loro Piana or Brunello Cucinelli stores. Both are part of what consulting firms will call the ‘absolute luxury' segment, selling cashmere and other apparel and accessories with rare fabrics.
Most products are the opposite of show-off, and unless you have been initiated to the brands, it's unlikely you will recognize them on anyone who wears them. Their design is simple. ‘What's the interest?' would ask Lewis Wang. Well, you're buying these for yourself, you know they use the best materials, you don't care that other people know about it and they are simple, understated, plain-design clothes. OK, it's a slightly different banana leaf, but to many it will look like any other. My avatar friend Brittany Chen told me recently that the true character of Chinese is in modesty. ‘Only during the Tang dynasty and just recently have some in China wanted to display flashy clothes and show off. But these are rare times for a people whose fashion and art are usually understated, more sober than that'.
Philosophy and Influence: The Real Pyramid of Maslow (Forget Mass Lux)
Let's go back to the real pyramid of Maslow for a moment, not the pyramid of mass lux. If you look at it closely, consumption of luxury products can be just one step along the gradual upward journey within the pyramid:
1. Physiological needs These are still very prevalent in some countries, unfortunately: How do I feed myself and find a shelter? Sounds basic if you bought this book but clearly it is not for many. In 2005, 50 percent of the population (i.e., more than 3 billion people were living on less than USD2.50 a day) according to the World Bank.
2.Safety How do I protect my family, my job, my health and my house? Again, this seems basic, but it is far from common on a global perspective.
3. Love/ belonging Here you start to think about a clan, a group, fitting in. It's not about survival anymore really but more about feeling you're part of something.
4.Esteem Well, that's really where luxury plays in fully. You want to be respected by others and to build some self-esteem and confidence. You're buying luxury? That's one way of reaching that goal. But there's more: There's a better place still, and luxury consumption won't give it to you. Wealth will give me the means to own what other wealthy people own. But is that the end game? Can I not do better than that? How, after struggling to fit in and prove myself, can I differentiate myself and stand out?
5. Self-actualization The ultimate stage will be more about the degree to which I can influence others. Luxury goods are a proof of success or power, but real power is probably found more in politics or leadership, the potential to influence and impress upon others with thoughts and ideas rather than objects.
While some consumers may stop at buying luxury, many others may just have the means— socially, psychologically, not just financially— and more importantly the will to just ‘keep walking'.
Rambourg, Erwan (2014-07-29). The Bling Dynasty: Why the Reign of Chinese Luxury Shoppers Has Only Just Begun (Wiley Finance) (Kindle Locations 4583-4585). Wiley. Kindle Edition.