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Conspicuous consumption, term in economics that describes and explains the practice by consumers of using goods of a higher quality or in greater quantity than might be considered necessary in practical terms.
In a way, the Pavilion's loyalty to the Greenmarket one-ups Meyer's, because it's mandatory: part of the deal that the restaurateur Simon Oren (Nice Matin, Five Napkin Burger) struck to secure the lease was that he'd feature "market day" specials using goods from the farmers who set up shop just outside.
Ultimately, using goods to indicate your prestige or status means you are living life for other people.
Some of our local agencies have even partnered with local schools to host fashion shows using goods found at Goodwill stores.
For a while, payments were made in kind using goods that were in short supply in East Germany, such as oranges, bananas, coffee and medical drugs.
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