Value, lack there of, and "High End"

[AnotherSpin]

22 minutes ago, Blackmorec said:

Its how nature works......like attracts like....things evolve and (sometimes) get better. Let me give you an example.

 

Money attracts money.  People with serious amounts of money are given special investment opportunities,  hotel, airline and rental car platinum cards (big discounts),  free casino hotel rooms and drinks,  special purchase rights for collector cars like Porsche  (which appreciate like crazy). They make money on vintage cars, real estate etc where they put money for safe keeping.  Money attracts money.  Manufacturers then make special products to serve this ‘unlimited wealth’ niche market....based on rare materials, complex manufacturing processes etc.  This attraction of like to like is what fuels evolution. 

At the purely genetic level good genes (looks, intelligence etc) attracts other good genes, so we get increased intelligence, faster, more adept athletes etc.

 

For a lot of hi-fi companies these exotic products represent their R&D spend, which they usually finds ways to trickle down the improvements into lesser products. So its not about value per se. Its about evolving capability

 

Politicians often rail against inequality in society...how the rich are getting richer and the poor poorer.  This is almost never true. Most times, the rich are getting a LOT richer and the poor, slightly better off.  There’s almost always the trickledown effect.  Unfortunately, poverty very often equals misery so the slight increase in wealth often manifests in things like increased alcohol and drug use amongst the poor....but its all the same mechanism at work....~Like attracts like.

 

Gravity is what we call it when its mass related. For the rest, we haven’t coined a term  yet....what its means for hi-fi evolution is that its funded first and foremost funded by the mega rich who can easily afford to pay huge sums for small increases in capability 

   

 

What about consumption of alcohol and drugs amongst wealthy people? Like attracts like?

[AnotherSpin]

Material "wealth" is not everything in this world. Many societies doesn't have it as primal priorities. What doesn't make people more miserable at all, quite opposite.