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DELUXE

HOW LUXURY LOST ITS LUSTER

Painstakingly researched and deftly written, valuable to fashionistas and fashion victims alike.

A scathing exposé demystifies the luxury-goods industry, detailing how venerable fashion houses have traded quality for profits.

There was a time, writes Paris-based cultural journalist Thomas, when only an elite few understood, appreciated and could afford to spend the money on one-of-a-kind luxuries. All that has changed, and not for the better. Now anyone can have piece of the magic for the right price. Over the last 25 years, traditional fashion houses like Louis Vuitton, Gucci and Prada have gone from being small, family-owned businesses that cared singularly about quality and prestige to being publicly traded global conglomerates whose attention is firmly fixed on the bottom line. The result is an industry that spends billions influencing our sartorial decisions, all the while undermining its products and losing most of what made it special. Each chapter focuses on elements of this history, starting with the ruthless corporate tactics of Bernard Arnault, president of Louis Vuitton parent company LVMH. In the author’s view, Arnault embodies the distasteful notion that what a luxury good represents is more important than what it is—and what it represents is shaped by the aesthetically empty practices of marketing and advertising. The real profits in the luxury trade come not from clothes, but from accessories like perfume and handbags, covered in the book’s middle chapters. Though rich in detail, these sections drag a bit, but the narrative pace picks up again in the last third. Expanding luxury goods to the mass market requires managing costs, Thomas points out, so many luxury goods are now made in China—and counterfeited there; fake handbags are a multi-billion dollar industry. Some readers will take issue with the whiff of snobbery wafting from the text, as when the author declares that it’s so obvious Donatella Versace came from nothing. One can tell, however, that Thomas is genuinely troubled by the facts she has unearthed about the debasing of products that were once genuinely unique.

Painstakingly researched and deftly written, valuable to fashionistas and fashion victims alike.

Pub Date: Aug. 20, 2007

ISBN: 978-1-59420-129-5

Page Count: 332

Publisher: Penguin Press

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: June 1, 2007

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GOOD ECONOMICS FOR HARD TIMES

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

Pub Date: Nov. 12, 2019

ISBN: 978-1-61039-950-0

Page Count: 432

Publisher: PublicAffairs

Review Posted Online: Aug. 28, 2019

Kirkus Reviews Issue: Sept. 15, 2019

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HOW TO FIGHT ANTI-SEMITISM

A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.

Known for her often contentious perspectives, New York Times opinion writer Weiss battles societal Jewish intolerance through lucid prose and a linear playbook of remedies.

While she was vividly aware of anti-Semitism throughout her life, the reality of the problem hit home when an active shooter stormed a Pittsburgh synagogue where her family regularly met for morning services and where she became a bat mitzvah years earlier. The massacre that ensued there further spurred her outrage and passionate activism. She writes that European Jews face a three-pronged threat in contemporary society, where physical, moral, and political fears of mounting violence are putting their general safety in jeopardy. She believes that Americans live in an era when “the lunatic fringe has gone mainstream” and Jews have been forced to become “a people apart.” With palpable frustration, she adroitly assesses the origins of anti-Semitism and how its prevalence is increasing through more discreet portals such as internet self-radicalization. Furthermore, the erosion of civility and tolerance and the demonization of minorities continue via the “casual racism” of political figures like Donald Trump. Following densely political discourses on Zionism and radical Islam, the author offers a list of bullet-point solutions focused on using behavioral and personal action items—individual accountability, active involvement, building community, loving neighbors, etc.—to help stem the tide of anti-Semitism. Weiss sounds a clarion call to Jewish readers who share her growing angst as well as non-Jewish Americans who wish to arm themselves with the knowledge and intellectual tools to combat marginalization and defuse and disavow trends of dehumanizing behavior. “Call it out,” she writes. “Especially when it’s hard.” At the core of the text is the author’s concern for the health and safety of American citizens, and she encourages anyone “who loves freedom and seeks to protect it” to join with her in vigorous activism.

A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.

Pub Date: Sept. 10, 2019

ISBN: 978-0-593-13605-8

Page Count: 224

Publisher: Crown

Review Posted Online: Aug. 22, 2019

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