Tag Archives | Narcissism

Vanity Capital: The Global Bull Market in Narcissism

Rich Kids Of Instagram They have more money than you and this is what they do. Contact: richkidsofinstagram@gmail.com Snapchat: richkidsofinsta http://richkidsofinstagram.tumblr.com

Rich Kids Of Instagram They have more money than you and this is what they do.

“Vanity capital” is the new metric for narcissism and analysts say its value worldwide is greater than Germany’s GDP, according to Quartz:

Last month, Bank of America Merrill Lynch released the compellingly titled report, “Vanity Capital: The global bull market in narcissism,” which put a price tag on the amount we spend globally on products and services that enhance our appearance or prestige. That price tag is huge: $4.5 trillion, according to the report—larger than the fourth largest economy in the world, Germany, with its GDP of $3.7 trillion—and still growing.

The immediate question the report raises is whether it’s even possible to measure such a thing. The premise—to quantify the dollar value of all purchases worldwide motivated in some way by vanity—is a little nutty at its foundation. The authors define “vanity capital” in terms that sound like Gordon Gekko and Abraham Maslow got together to deliver a self-help seminar: It’s “the pursuit of, and the accumulation of, attributes and accessories to augment self-confidence by enhancing one’s appearance and prestige.

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The reaction to the “Instagram Rapture” shows how narcissistic the service really is

Instagram-Logo

via Pando Daily:

Instagram recently decided to permanently delete many of the spam accounts it’s discovered on its service. The move was meant to help the network remain “authentic” because “it’s a place where real people share real moments,” Instagram said at the time. But apparently some of the users affected by this decision aren’t happy about its impact.

Business Insider reports “thousands of people” have reached out to Instagram asking it to restore their old follower counts in the wake of what it calls the “Instagram Rapture.” This despite Instagram’s warning that follower counts would change as the result of its New Year’s cleaning — and the fact that those followers were little more than spam bots.

This is in keeping with what some have suspected about Instagram for a while. For example, I argued last year that the addition of video features to the service wasn’t about communication, like co-founder Kevin Systrom said, but about its users’ narcissism:

Instagram is still very much about presentation.

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We’re self-obsessed – but do we understand the nature of the self?

Narcissism by Kevin Simpson via Flickr.

Narcissism by Kevin Simpson via Flickr.

This article was originally published on The Conversation.
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By Michael Allen Fox, University of New England

We live in an age of self-obsession. Everywhere we look, we encounter a preoccupation with self-interest, self-development, self-image, self-satisfaction, self-love, self-expression, self-confidence, self-help, self-acceptance … the list goes on.

An internet headline sounds a warning: Facebook and Twitter are creating a vain generation of self-obsessed people with childlike need for feedback, warns top scientist. In 2013 no less august an organ than the Oxford English Dictionary chose “selfie” as its “Word of the Year”.

Ask yourself whether any other time but the present could boast of successful print magazines called i or Me or Self?

“The self” is actually quite a problematic notion. Given the destiny of the self concerns us so much we could all benefit from a little insight into its nature.… Read the rest

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New Study: Internet Trolls Are Often Machiavellian Sadists

373px-Portrait_of_Niccolò_Machiavelli_by_Santi_di_Tito

Famous posthumous portrait of Niccolò Machiavelli (1469-1527). (PD)

This reminds me of the Native American proverb of the two dogs.

via Mother Jones

In the past few years, the science of Internet trollology has made some strides. Last year, for instance, we learned that by hurling insults and inciting discord in online comment sections, so-called Internet “trolls” (who are frequently anonymous) have a polarizing effect on audiences, leading to politicization, rather than deeper understanding of scientific topics.

That’s bad, but it’s nothing compared with what a new psychology paper has to say about the personalities of so-called trolls themselves. The research, conducted by Erin Buckels of the University of Manitoba and two colleagues, sought to directly investigate whether people who engage in trolling are characterized by personality traits that fall in the so-called “Dark Tetrad”: Machiavellianism (willingness to manipulate and deceive others), narcissism (egotism and self-obsession), psychopathy (the lack of remorse and empathy), and sadism (pleasure in the suffering of others).

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How Narcissists Shop for Christmas Gifts

Via ScienceDaily:

Christmas is around the corner and many of us will be thinking of what to buy our loved ones (or ourselves) this festive holiday

But what is the psychology behind gift-giving?

Early results from research led by Dr Aiden Gregg from the University of Southampton, have shown that people with narcissistic tendencies want to purchase products, both for others and for themselves, that positively distinguish them — that is, that make them stand out from the crowd.

The study — conducted in collaboration with McGill University’s Desautels Faculty of Management and Hanyang University in South Korea — investigated why narcissistic consumers chose certain products and how those products made them feel. Volunteers from both the universities in South Korea or Canada took part in one of four studies.

The first study, using online questionnaires, asked participants about their consumer buying behaviour — for example, why they bought certain products and how doing so made them feel.

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