Inconspicuous Consumption

Virginia Postrel:

As peer groups get richer, the balance between private pleasure and publicly visible consumption shifts…

Their primary luxuries [become] time and attention.

You have to cut through the racial typing to get the meat of the issue, and I’m sure some folks will get it right away. But I am curious – if time is the new luxury, why do so many waste it sipping lattes in urban Starbucks?