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East Asia is obsessed with luxury (and gen z pays the price)

🎉 Get started with Notion for free: https://ntn.so/aini 🗓️ Get Notion Calendar for free: https://ntn.so/ainicalendar What is with East Asia's obsession with luxury, and why is flex culture such a big thing? 0:00 Intro 1:26 Cultural influences in East Asia (interdependence & face) 4:26 ty notion! 6:41 Cultural values continued 15:00 "A need, not a want": Gen Z and Millennial attitudes to luxury 23:02 Society in encouraging and dissuading luxury obsession 26:46 Conclusion ---- xxx ----- Editor: Presage (He also has his own philosophy channel! Go hype him uppppp @presage) Come say hi at: patreon:   / aini_   ig: @aini.mov x and tiktok: @aini0970 💌 business enquiries only: [email protected] my gear! note: below links are affiliate links that help me out but come at no extra cost to you :) camera: sony a6400 https://amzn.to/3wqidQF mic: audio technica atr2100x https://amzn.to/4b1Y0Q9 teleprompter: neewer https://amzn.to/3QAVhVC softbox: mountdog https://amzn.to/3UxNpp7 tripod: bosch https://amzn.to/44Icxyc ---- xxx ----- Detailed references Academic references Che, M., Hou, Q., Wang, H., Coste-Manière, I. and Le Troquer, F. (2020). Updates in Luxury Purchase Motivation in East Asia: China, Japan & South Korea. 2018 International Conference on Multidisciplinary Research, 2020, pp.134–156. doi:https://doi.org/10.26803/myres.2020.10. ‌ Degen, R.D (2010). The success of luxury brands in Japan and their uncertain future. [online] Available at: https://www.researchgate.net/publicat.... Reddy, S.K. and Han, J.K. (2017) The essence of luxury: An Asian perspective. Singapore: Centre for Marketing Excellence, Singapore Management University. Wong, N.Y. and Ahuvia, A.C. (1998). Personal taste and family face: Luxury consumption in Confucian and western societies. Psychology and Marketing, 15(5), pp.423–441. Wouters, I. and Sham, K. (2021). The New Faces of Chinese Luxury Shoppers. Oliver Wyman Report. [online] Available at: https://www.oliverwyman.cn/content/da.... ‌ Wu, M.-S.S., Chaney, I., Chen, C.-H.S., Nguyen, B. and Melewar, T.C. (2015). Luxury fashion brands. Qualitative Market Research: An International Journal, 18(3), pp.298–319. doi:https://doi.org/10.1108/qmr-02-2014-0016. Other references (once again i am running out of space, sorry for any incomplete formatting): ‌ https://pluralism.org/to-become-a-sage. Chitrakorn, K. (2018) Why Puffer Jackets Are at the Centre of Korea’s Class Divide. https://www.businessoffashion.com/art.... Choon, C.M. (2023). A race to ‘flex’: Why showing off wealth is a virtue in South Korea. Available at: https://newsinfo.inquirer.net/1746571.... https://doolsetbangtan.wordpress.com/.... Pan, Y. (2019). https://www.scmp.com/magazines/style/.... Seo, J. (2023). Why do Koreans love luxury brands so much?https://koreajoongangdaily.joins.com/.... socialone.com.cn. (2018). 凯度: Z世代消费力白皮书. [online] Available at: https://socialone.com.cn/z-gen-consum.... Tan, M.H., Kwan Wei Kevin (2023). https://www.businessinsider.com/chine.... ‌   / south_koreans_are_the_worlds_biggest_spend...   Notion template - although if I could ask for a small favour, if you're considering on trying notion out could you please register through my link :') That would help me out a lot! thank you!! --- Alexandra's amazinggg notion template:    • how i organize my life (notion tour +...   Zero lofi remix - demongummies (orig NewJeans)    • newjeans zero but lofi ~ a kpop lofi ...   BGM: Spine Breaker - BTS Onion - Lukrembo    • (no copyright music) lofi type beat “...   Thanks for watching and catch ya next time! ☕ Tags: ‌video essay, cultural commentary, social commentary, internet analysis, analysis video, luxury obsession, luxury items, flex culture, success, materialism, east asia, china, korea, japan, cultural deep dive, chinese culture, korean culture, japanese culture, wealth, prestige, face culture, asian success, east asian culture, consumerism, societal pressures, status symbols, quiet luxury, conspicuous consumption, asian luxury market, veblen goods, asian expectations, gucci, louis vuitton, chanel, prada, hermes, dior, spine breaker, gen z, milennials, singles inferno, song jia, influencer, kpop, brand ambassadors, newjeans, edvasian, salem tovar, not even emily, jordan theresa