Karthik Shashidhar

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In the last three decades, the professional class has splintered into two distinct factions. Those who work in investment banking, private equity, management consulting, and specialized forms of medicine and law often achieve fortunes on par with the lower ranks of New Money. Once they have the resources to signal through raw wealth, their tastes veer closer to conspicuous consumption.
Status and Culture: How Our Desire for Social Rank Creates Taste, Identity, Art, Fashion, and Constant Change
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