wedrifid comments on What is Metaethics? - Less Wrong
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That conclusion does not follow. Saying you have slaves is a signal about morality and, depending on the audience, often a bad signal.
Note that there is a difference between "morality is about signalling" and "signalling is about morality". If I say "I am high status because I live a moral life" I am blatantly using morality to signal, but it doesn't remotely follow from that there is nothing to morality except signalling. It could be argued that, morally speaking, I should pursue morality for its own sake and not to gain status.
That sounds like an effective signal to send - and a common one.