Saturday, February 14, 2004

Martha Stewart's Handbag

Title: Martha Stewart's bag overloaded with baggage
Source: Miami Herald
Date: January 28, 2004

From the reports of Martha Stewart's court wardrobe: She arrived carrying a Hermés Birkin handbag, which according to the Miami Herald "carries a price tag of $6,000 to $85,000."


Source: Miami Herald

Wealth has concentrated to the point where a person can carry a $10,000 purse. Quite a few people, it turns out. According to the article: "The bag has a waiting list that has grown to the absurd length of 2 ½ years, so the French company has closed it. Now there is a wait to get on the waiting list. Unless, of course, one is a celebrity with all of the privileges that affords."

Meanwhile, more than 3 billion people on the planet are living on less than $1,000 per year.

At some point, we as human beings will realize that it is time to re-balance the wealth of the planet. The system as it stands now has clearly grown absurd.

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