Wei_Dai comments on Non-Malthusian Scenarios - Less Wrong

13 Post author: Wei_Dai 26 September 2009 02:44AM

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Comment author: Wei_Dai 27 September 2009 11:07:41PM *  0 points [-]

But plasma TVs, besides being a luxury, are also a form of signaling that helps attracting a mate, and increases social status in general (which improves reproduction). Maybe the right argument is not "non-human capital" but "signaling"?

Comment author: RobinHanson 27 September 2009 11:16:48PM 0 points [-]

I expect some signaling would be part of a subsistence lifestyle. But I don't expect 99% of spending to be on signaling.

Comment author: Wei_Dai 29 September 2009 08:54:12PM 0 points [-]

I think spending 99% on signaling by definition (well, by most people's definition) wouldn't be a "subsistence lifestyle", so perhaps a better phrase would be "equilibrium lifestyle". But how sure are you that there isn't a high-signaling equilibrium? Maybe not 99%, but say >50%?