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Veblen cars and useless concerns for the climate
Lexus has an ad on the jacket of today’s The Hindu for its new premium hybrid electric vehicle, the LS 500h. The product description states that the car “extends relentless innovation to environmentally conscious engineering with a performance-centric Multi Stage Hybrid … Continue reading
Posted in Science
Tagged accessibility, affordability, capital accumulation, climate change, electric-hybrid engine, hybrid vehicles, Lexus, lithium-ion battery, LS 500h, private transport, public transport, Veblen goods, wealth redistribution, wealth signalling
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