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Updated: May 13, 2025
All these epithets are honorific or humilific terms; that is to say, they are terms of invidious comparison, which in the last analysis fall under the category of the reputable or the disreputable; that is, they belong within the range of ideas that characterizes the scheme of life of the regime of status; that is, they are in substance an expression of sportsmanship of the predatory and animistic habit of mind; that is, they indicate an archaic point of view and theory of life, which may fit the predatory stage of culture and of economic organization from which they have sprung, but which are, from the point of view of economic efficiency in the broader sense, disserviceable anachronisms.
The marks of superfluous costliness in the goods are therefore marks of worth of high efficency for the indirect, invidious end to be served by their consumption; and conversely, goods are humilific, and therefore unattractive, if they show too thrifty an adaptation to the mechanical end sought and do not include a margin of expensiveness on which to rest a complacent invidious comparison.
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