5min chapter

The Gray Area with Sean Illing cover image

How Whole Foods, yoga, and NPR became the hallmarks of the elite

The Gray Area with Sean Illing

CHAPTER

The Irony of Conspicuous Consumption

The top 1% spend 20 times more than the middle class on domestic services and musical instruments. They also spend 33 times more on education than themiddle class. Parents are buying back time so they can improve themselves and their children. When parents become more educated and more well off, they don't spend more leisure time. In fact, educated women spend two to three times more time with their kids than those of lower socioeconomic groups. And this is about devoting your time to essentially cultivating your children.

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