Tag: Status

Categories
Aesthetics Startups

Day 1866 and Never Escaping Veblen Goods

I love a good signaling and status competition. There are so many ways to to signal that at the far reaches of taste you will never fear to tread. Just don’t worry about how other people live.

I’ve worked in luxury fashion and venture capital and they run on the same rules. And it’s all snobbery up and down and it is a mixed bag when it comes to what works in reality.

I’ve known sneakerheads who seamlessly transitioned to private equity because they know in some fundamental way that rising price increases demand in strange markets. But the little signals can give away your whole game and you can’t always assume you are speaking their language.

Many an investor and fashionista has made good use of this basic understanding of a Veblen good. The more expensive it gets, the more it stokes demand. Everyone thinks they can become Hermes or Facebook but if you could well you would have.

This can fuck with actual performance as the thing being performed isn’t necessarily the thing that is getting done in reality. You can show your own displeasure with the pricing scheme by not participating. You can short a thing with a little creative and signaling of your own.

Many decided will continue to play along despite not needing to participate in status games. Outsourcing taste is actually something you can pay for and sometimes you should just get a realistic budget.

Often you really can’t afford to play the game and it’s better to cultivate your own taste and satisfactions in life so you are comfortable taking on the risk load of stepping out of unnecessary competition. You play your own game and win on your own terms.

Categories
Aesthetics Travel

Day 1864 and Retail Therapy in Fashion Exile Land

Maybe it’s because it’s been such a wild week in the financial markets, but I’ve been thinking back to one of my moves to San Francisco just before the Great Recession. It’s a story about buying clothing but I’ll get to that.

I had just come off the high of being the first publisher to break (by live streaming and photography) a new fashion designer who would become one of the biggest names of his generation.

The low hit me as I realized I was unable to afford any of the pieces in his collection. And nor was I able to buy them anyway as the whole collection sold out instantly in New York City. I look back on being backstage at his first (and subsequent) shows with much fondness. Once he threw a full on carnival in a parking lot! Imagine models tossing their size 9.5 Manolo’s on concrete to hop into a bouncy castle.

Those models were his muses and he was known for an off-duty model look. I am about a foot too short, 20-30lbs too fat, and three cup sizes too large to be mistaken for a model so not an ideal customer.

Normally one could politely ask for samples or gifting if one helped break a collection, but this was not a sample collection that would have fit me. I’m a size 7 shoe and those boobs do me no favors for hanger sizes.

Still I wanted one item badly. Even if I couldn’t afford it and I couldn’t find it in stores, I kept an eye out everywhere for it.

The coveted item was a pair of high waisted pleated black wool trousers (lined with an ample cuff) that was the wearable merchandising anchor to a collection that was otherwise a bit tricky for mere mortals to wear.

For the men (and some women) who haven’t given thought to runway models, the metrics are specific. You need to be over 5’ 10”, never over 115lbs and have an A cup to fit a designer runway model call sheet.

These aren’t aesthetic preferences, just that models are a glorified hanger and not a person for purposes of ease of fitting. Yes it’s a bit degrading.

And so I resigned myself to never getting those pants and having only the glory of discovery and first to market coverage. Though the proof on that may be debated.

But then a small miracle happened. As I was relocating to San Francisco (by the buyer of my first startup) I began to get invited to events and parties.

A brand new Barney’s opened up off Union Square in San Francisco. An old girlfriend who had just married and moved to San Francisco told me “you will love the shopping out here as the good stuff never sells out!”

Mind you the collection had sold out in other fashion capitals. I had called around. I asked all the major stockists. It just wasn’t to be had anywhere.

But the new Barney’s was very late in opening and had stock from the previous season saved. I missed the opening party but thought maybe I’ll see something from the newer collection and I’ll splurge.

Well I got even luckier than I imagined. The pants were not only at the new Barney’s but on the sale rack. No one in the market had even liked them.

The salesgirl said weren’t moving as they were too formal and too trend forward for the town. They were having trouble moving most of the pieces from the designer in fact.

There were multiple pairs of the pants in size 38. That is a size 6 in American sizing which is almost always the first to sell out. I purchased it without even thinking. They were 40% off.

I still wear them to this day. And anytime I visit a bigger city or capital with a retailer of high end fashion, or designer goods, I’ll go looking. Sometimes in the strangest places you will find the exact item you wanted marked off in the middle of February.

Categories
Emotional Work Media

Day 1859 and Crime Without Punishment

People tell stories of where they were or what they were doing when major world events happened. Most of them are silly and personal but necessary to ground the horrors of being connected at scale while still being such small bit players in the scale of things.

On 9/12 I had just left New York City to return home to Colorado to finish out the high school I’d dropped out of the year prior. My grandmother called me at dawn before I’d left for the annual start of school camping trip, distraught that we couldn’t reach cousins and other family who were first responders or worked downtown. Then we couldn’t get through for hours.

When Lady Diana was killed I was up early for a sports competition preparing my gear when the news broke. My mother and I watched in shock at 4 in the morning as we packed bags.

When Michael Jackson died I was in Miami on my first solo vacation between jobs having sublet a condo for two weeks while I sublet my New York apartment. The grocery clerk at Publix ringing me up asked if I had heard. I attempted to explain that I’d seen it on something called Twitter.

When Jeffrey Epstein didn’t kill himself I was in the hospital. I had been entirely off social media but still listened to the five minute radio news update. I don’t know why but I told my doctor that he was dead and her immediate response was to swear. I recall us both being upset as she shook her head saying “now he will never face justice.”

The entire weekend was a deluge of people processing, concocting, and turning over the “flood the zone with shit” dump of files on Epstein. As if the Friday night “take out the trash” media playbook somehow still held sway over a population of networked humans.

Now we are a species who remember every Harry and tragedy both personally in the context of our own small lives and at large as it emerges into a wider understanding shaped by the contours of those who seek to distract or draw attention.

It’s no wonder we spellbound by conspiracies. I lived across from ground zero for years. Tourists grieved and paid homage next to soap box schizophrenia weaving tales. I grew up on forums dissecting every aspect of death and tragedy from princesses to the King of Pop. Why should the coverage of depraved sins be any different?

So I ask myself why should I believe any of it. Who should I give information dumps and theory threads and newspaper headlines any attention at all? I’ll never know if crimes were punished. Justice works slowly and sometimes not at all.

Categories
Finance Startups

Day 1858 and Parked Outside the Flow

The crazier the informational world gets, the more inclined I am to tune it all out. The flows of information are fun sure but it’s only useful to financiers, degenerates and the global management class. I really only rate into very bottom of one. No, not the degenerate class.

As 2026 has become the year of repositioning for “whatever is coming,” I am unsure of much I wish to return from the hinterlands into the flow. Being inside the flow looks enticing but it’s Thor the only way to do business.

The thing is that I began my own career by participating (in a small way) in what Will Manidis calls The Flow. Being inside has its perks and I saw a lot which enabled me to make some very good investments.

What is the flow? It’s a metaphor for a 24/7 club of information, a formal and informal circuit of social and business obligations, and series of social & professional inputs that sometimes generate spectacular output.

It’s no wonder people think investing looks like gambling when you put it that way. It takes a lot of shrewd social manners and access to resources to be inside the flow and those are distinct barriers for anyone outside the global ten percent.

So where to go if you are an American? Well, stay put somewhere you can be stable and secure. Sure the middle powers will tell you that they can save the liberal order but in reality it’s all state capitalism by strong man and technocrats. And I’m not either and I’d wager most truly new things that will matter won’t be easily secured by old mechanism of power.

What Manidis rightly points out in his Flow essay, is that you can build businesses and make good money for investors and limited partners outside of the flow. You can focus on your unique insights and build something great.

I hope I offer some proof of that myself. I flash the codes for my odd little node and traffic occasionally routes through me. I found crypto winners and the future of atomics outside the flow. And I think I’d rather like to spend my Sundays seeing what’s happening outside the nightclub of financial flows.

If you want to be outside you can be. I just might be already. You can find me in the proverbial parking lot of the Flow (the open internet) yapping, chilling, lighting and fighting with the cool kids. You will always know where to find me. I’ll be one DM away.

Categories
Biohacking Medical Travel

Day 1846 and Doctor’s Orders

I have had a lot of experience with doctors over the last few years. A chronic autoimmune condition isn’t the sort of illness that gets “better” like a virus. It can only be managed.

I have come up with endless ways of collaborating with people who far too often believe they are more informed, powerful and intelligent than me.

Sometimes they are even right about that perception. It’s a frustrating fact of life that doctors value their status occasionally more than their patients.

Today I went to a tourist hospital renowned for its extensive offerings and professionalism. My usual interpreter (it’s in a foreign country as many nations from Mexico to Turkey to South Korea serve American patients) had a number of procedures and visits organized for me. I felt confident I’d learn a lot and maybe find new pathways to healthcare management.

I happened to have an aesthetic elective treatment first. A plastic surgeon met with me to refresh some Botox. That seemed excessive given a nurse does my light work back in Montana but why not get a professional opinion while you have the chance.

I’d intended to spend the afternoon at the hospital doing a number of more productive activities than smoothing my fine lines. I’d set up rheumatology and immunology lines of questioning and I was excited to get some holistic work done including ozone and an IV infusion of vitamins and minerals.

Alas I was stopped in my tracks by a physician who simply would not approve the IV I had set up, the ozone work, nor would she approve the alternatives I suggested (an intramuscular B vitamin shot). I made my case with the interpreter and my AI.

The doctor wouldn’t budge. She even obfuscated suggesting that glutathione was illegal though backed down when it turned out to be a malpractice issue related to compounding pharmacies.

I very much wanted to buff up my immune system, especially having chosen something elective to go first, and I could not make progress. It shut down my whole afternoon. All that was left was tests and waiting.

There was no order the doctor was willing to give for short term immune improvements unless I committed to five weeks of procedures which given it was a tourist hospital seemed a little ironic.

I am demoralized but doctors will be doctors. I never seem to manage to convince them when I really need it. Doctor’s orders are not always for the benefit of the patient. Maybe no one wanted a woman sitting around hooked up to a vitamin infusion. Who knows. I probably would have skipped the Botox though.

Categories
Culture Travel

Day 1837 and No Pot To Piss In

The power went out yesterday while I was packing for the next leg of trip I’ve been on. It’s not the digital nomad age anymore obviously but it is the era of IRL reality grounding.

Being in constant contact with different markets and different cultures is a just another iteration of being in the moment but for making your life.

Being small enough that few of my interests interest the powers that be yet lets me be nimble in how I live (even with my health challenges or maybe because of them) so I’m driving up through Albania and Macedonia into Greece today.

At the moment I’m fascinated by the old Soviet capital folks ways from Tallinn to Tirana. I was in Sarajevo for New Year’s Eve.

I feel called to learn more about the people and places that found the brutalism of collectivism a worthwhile trade from the lives they had been living. I’m sure most of them didn’t realize the violence involved but survival can call for more than the civilized man would wish.

What does that mean for our future and who decides it? Will our young people feel similarly? It seems some already do despite much better conditions in America than I saw today as I drove through snowy bedraggled roads and abandoned industrial buildings.

The cold sun on snow and an abandoned factory with my hands visible in the passenger mirror.

The horrifying reality of modernism (and the war machines that came with it) must have baffled an ordinary person. What use has a farmer for state capacity and constant politicking?

Status hierarchies seem more acute now than I can imagine they were for the average person during the height of communism. Survival in the cold is a more understandable motivation than craving Instagram lives.

I stopped to gas up in a mountain town petrol stop. I asked for a bathroom. I was prepared for a mess but found it was simply a hole in the ground. As I attempted the hiking squat of a woman over the drain, I understood what “no pot to piss in” meant as I shivered in the frozen snowed in town.

Some material realities can certainly push you to consider if we can do better for people. Especially when I saw the bill. Gas is at a low in America and still fuel is apparently quite expensive in the semi-socialist European domains. 1.1 Euro per Liter for LPG. Sheesh. Who is that benefitting?

Categories
Culture Politics

Day 1834 and Oops All Reactionaries

A running joke personal joke I have when frustrated by humanity is that every movement compelling enough to reach any scale reveals itself eventually to be “oops all reactionaries” The bigger the thing or the deeper down you go and eventually with fractal consistency “oops, all reactionaries!”

Anytime I have really hard contact with reality this turns out to be true. Reality has been particularly harsh over the last couple decades insofar as materialism has gone for the species.

I have been shielded from reality by the gracious people of the United States of America. And even then if you look too closely “oops all reactionaries!”

I think “oops, all reactionaries” turns out to be a decent lens for assessing our past, present and probably future. If it’s any good it has a core that should concern if you take it too literally. You then have to decide how seriously to take their literalism. If you get it wrong you might wake up dead.

Which I don’t love. Most people just want to go along to get along. Which isn’t to say that getting along in America is easy. We are a surprisingly competitive place for the richest nation state to have ever existed among a bizarre republic of slowly expanded frontiers and boomtowns. So we’ve got plenty of pockets where reality has always been all reactionaries.

We’ve hit our limits a million times and still have shockingly low density. Being an industrious people who enjoy markets this has worked out relatively well for the “empire” and it’s people.

America! It’s not bad and I recommend it even if we do functionally have feudal lords in the form of capital, labor and land managers at various levels of public and private parcels. But being civilized people trying to make a buck we really don’t like it when the shock troops are deployed at home.

We do seem to be ambivalent about it being deployed abroad. This has been my Ted Talk on homeland security. Really though beware the politics of wealthy heiresses.

Categories
Aesthetics Internet Culture Reading

Day 1831 and A Stenographer For Everyone

I hate to use a dictation software to write a piece that I typically write with my own two hands and ten fingers but I’m not entirely sure that I see the difference between typing out a hundred words a minute on a mobile phone versus saying something a little more slowly to a stenographer application. I use Wispr Flow

I’m sure if you are a Paul Kingsnorth type, you would be happy to remind us that we’ve lost the “steno-pools” filled with women whose job was knowing just how to speed their notes to keep the dictation flowing. Those jobs are gone as the personal computer made its debut.

I don’t mind writing as I can write just a little bit faster than I can talk. And I often find that my dictation is less pulled together than my writing. But isn’t it funny that we should have reached this point so many centuries later? Yeah.

Categories
Politics

Day 1828 and Collective Warmth

I feel lucky to have acquired an education that taught enough of totalitarian history that I feel I can paraphrase Walter Benjamin.

I’d used to say well we all know “fascism is the aestheticization of politics” because academics helped me to be skeptical about theory and Marxism.

Benjamin saw the logical result of fascism is to introduce aesthetics into political life. A hundred years later we have cultural war politics to serve as spectacle instead of transforming material conditions.

So I’m exactly the sort of person who came to the end of Gramsci’s Long March and wanted to understand Frankfurt School academics viscerally. I like to be on the ground when I learn.

So I am horrified to have spent my New Year’s in Sarajevo only to see a socialist taking on the mayoralty of America’s most important financial center.

To go from seeing the history of a hundred years of European continental war to watching bratty millennial nepotism play act at collective action is frankly not a positive development.

Millions of Europeans did battle with communism and in America we are so coddled the swearing in ceremony of New York City’s democratic socialist mayor is celebrated.

“We will replace the frigidity of rugged individualism with the warmth of collectivism. – Mayor Zohran Mamdani Inaugural Address

If misery loves company then we should all suffer equally is a less aesthetic way of saying we are all in it together. Or as Sebastian Junger said “It was better when it was bad”

Categories
Culture Politics

Day 1812 and Highlander Political Power Sharing

There can only be one. One white boy. Oh no, sheesh we didn’t mean in the department. What on earth have you been reading? There is room for everyone to have a seat at the table in our modern world. Just one seat though. Were you expecting there would be more?

There can only be one Highlander. You know, the Scottish warrior Connor Macleod who is part of a race of immortals who must battle it out, do not age and only die if their head is taken? There can only be one of him. Except it’s a whole race. I don’t know how that works to be honest.

Immortals are driven to fight each other in “The Game,” where each beheading transfers power via a mystical energy surge called the Quickening, with the last survivor destined to win “the Prize,” a vaguely defined ultimate power. via Wikipedia

This very popular 1986 movie set between 1630s Scotland and 1980s New York City somehow turned into a mega-franchise with spin-offs and animes. It didn’t start out that flashy. I mean really look at how much content they had to pack into this poster to get people into the theater.

These days content usually the other direction, from anime to tv show to movie, but such was the power of Hollywood and its capacity for distribution in the eighties. Being a Baby Boomer movie director seems like it might have been a trip.

Things are not so rosy for the profession these days. Especially if you are a quirked up white boy like Duncan. We’ve lost them you see. This is a source of much consternation in the discourse. The children of the Higherlander generation definitely thought they would be more than one winner.

We’ve lost a whole generation of white men to diversity initiatives (launched by other white men) even though the lore being produced (by said white men) that white men were rightly battling it out for just one seat. The prize of real ultimate power seemed pretty clear. There can only be one.

Or at least this was the premise mythical of stories from ranging legendary Arthurian kings to actual Caesars of the Roman Empire. There wasn’t a team of Alexanders Who Were Pretty Good. The prize of real ultimate power is the stuff of myth. Sure actual power sharing is more complicated but humans love a final boss.

The American white boys (probably Ulster Scots) are suffering for the widening power sharing agreement reached in the great awokening diversity initiatives of the last generation. And no one even bothered to tell them until their hit middle age and didn’t end up as Highlander. We mostly told them it sucks to suck. You racist little shits just can’t compete.

I gather it wasn’t so bad when your enemy was other quirked up white boys. I don’t emotionally understand why as I was always expecting to have one seat as a token white girl. I must be less bothered having had lowered expectations. There is only one queen right? But there are lots of handmaidens if you are lucky.

Now if you want to be the Highlander you have to fight the whole globe. Highlander might be an Indian girl or a trans Guatemalan. That damned Netflix always caving in to the social expectations of elites forcing their luxury beliefs onto the suffering under class of millennial white boys. Didn’t you read JD Vance’s book? The American underclass is dysfunctional and suffering. They deserve it right?

But did they suck? Ah now that it’s too late we finally get to have the conversation about having deliberately changed the demographics of the elite winners of the Prize in American.

Which I assume is a wife, two kids, split level suburban home and a compact car. They weren’t expecting to be king. Maybe king of the cul-de-sac. And if you were forty in 2014 you didn’t get that. Well some of them.

Millennial American white boys expected they would have more seats at the table (having mostly seen themselves in power) rather than fighting it out to be Highlander.

Which is weird since I assume they saw the same movies, tv shows and animes as the rest of us. It’s hard out there for everyone. And the great game includes Everyone.

Zoomers get it. Shame it requires so much beheading. We’d better divvy up the spoils a bit more before the Highlander comes for our heads eh? Come on, at least give the boys a pilot or a term sheet or a job offer before this gets ugly. Just ask JD Vance.