We were just thinking that that is a concept that really ought to have a word. "Wastefully rich"; for example, smoking a $100 bill as a cigarette.
There are lots of good words that might apply:
Combining one of these with an immoderate adverb of one sort or another should get the point across just fine.
The word I would normally use in this situation is decadent.
It connotes moral decline, deterioration, and importantly, luxurious self-indulgence.
The classic term is conspicuous consumption, coined by Thorstein Veblen in The Theory of the Leisure Class (1899).
I like prodigal -- especially if the person used to be rich and wasteful but has given it up.
If you're looking for an adjective, I think Lavish would be perfect. For example:
A lavish cigar.
Wealthy people don't get or stay that way by habitually "wasting" money. If Bill Gates drinks beer that costs $100 a bottle, that's probably because he likes it (and can afford it, obviously).
I'm not sure anyone would prefer smoking a $100 bill rather than a good cigar, but I'd hazard a guess that anyone who actually did this would be more concerned with how the action would be seen by others, rather than the quality of the experience per se.
protected by RegDwigнt♦ Sep 17 '12 at 8:45
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