Peer-to-peer resale economies depend on luxury waste for their existence.
Evidence
The existence of the actual economies of peer-to-peer resale is parasitical on the existence of the massive, endless waste that is the expenditure of luxury. Thrifting, here, is “sustainable” or “environmentally friendly” because it manages to reabsorb some of the endless stream of waste and return it to economic circulation, to revalorize waste through a symbolic act of differentiation that refuses the commodity’s subsumption into the endless stream. — Grant Bollmer, Katherine Guinness, The Influencer Factory, 270
Categorization
- XREF: Connects to the Corpocene framework: revalorized waste is the influencer’s commodity form. Also the Bataille ‘accursed share’ reference ties to the book’s luxury-expenditure thread.