Conspicuous consumption is the spending of money on and the acquiring of luxury goods and services to publicly display the economic power of the income or of the accumulated wealth of the buyer. To the conspicuous consumer, such a public display of discretionary economic power is a means of either attaining or maintaining a given social status.

The development of Thorstein Veblen's sociology of conspicuous consumption produced the terms invidious consumption, the ostentatious consumption of goods to provoke the envy of other people, and conspicuous compassion, the deliberate use of charitable donations of money to enhance the social prestige of the donor with a display of superior socio-economic status.

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