What is the primary purpose of conspicuous consumption in the context of economic inequality?

The primary purpose of conspicuous consumption is to show off wealth and social status, especially in a society with economic inequality. When people buy expensive items, like luxury cars or designer clothes, they are often trying to signal to others that they are successful or belong to a higher social class. This behavior can create a divide, as those who cannot afford such items may feel inferior or left out. For example, if someone buys a high-end smartphone not just for its features but to impress others, it highlights their wealth and can reinforce class differences. Ultimately, conspicuous consumption can deepen economic inequality by emphasizing the gap between the rich and the poor.