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Luxury Brand Owners Laughing At Exorbitant Profit Margins

This is a single-panel satirical meme. The top of the image carries text that reads: "Luxury brand owners watching people pay $1000 for a product that cost them $2 to make". Below the text is a widely known historical photograph of a group of older men in formal suits at an upscale indoor event, holding wine glasses and laughing very heartily. One bald man in the foreground is bent over from how hard he is laughing, while the other men around him are also grinning or chuckling intensely. The joke critiques the extremely high markup of luxury goods, where consumers pay hundreds of times the actual production cost of products purely for the prestige of the brand name.
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Luxury brand owners watching people pay $1000 for a product that cost them $2 to make

Overview

This is a single-panel satirical meme. The top of the image carries text that reads: "Luxury brand owners watching people pay $1000 for a product that cost them $2 to make". Below the text is a widely known historical photograph of a group of older men in formal suits at an upscale indoor event, holding wine glasses and laughing very heartily. One bald man in the foreground is bent over from how hard he is laughing, while the other men around him are also grinning or chuckling intensely. The joke critiques the extremely high markup of luxury goods, where consumers pay hundreds of times the actual production cost of products purely for the prestige of the brand name.

Origin notes

This meme repurposes a famous historical photo of Ronald Reagan and other members of his US presidential administration laughing at a 1980s White House event. Custom satirical text was overlaid on the existing photo to create this meme format, and this specific iteration was shared via RSS from the X.com (formerly Twitter) account @WholesomeMeme.

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