Does social media play a role in "wealth culture"?
This problem pre-dates social media but it is likely that social media has amplified some of its effects: “We’ve gone from a culture that prized hard work, frugality and discretion as the central tenets of the American Dream to a culture that prized celebrity, bling and narcissism.” Source: Sundance film documents ‘wealth culture’ addiction spiralling out of control – MarketWatch Television has played a big role in promoting celebrities. Social media, especially Instagram but also Facebook, creates an environment for…