The concept of the potlatch, the extravagant feast and display and often even the destruction of wealth or possessions (to show that one can afford to) characteristic of the Kwakiutl Indians of the Pacific Northwest, is analogous to the modern concept of:

Question

Quizplus · Accepted Answer

The potlatch is similar to conspicuous consumption, where wealth is displayed through extravagant spending to demonstrate social status and economic power.

The Concept of the Potlatch, the Extravagant Feast and Display