Now, one might argue that the dignified pomp of Queen Elizabeth II is preferable to the tawdry grandiosity of Silvio Berlusconi, Madonna, or Cristiano Ronaldo.

Mayawati s weakness for bling has been demonstrated at her extravagant birthday parties, which she presides over laden with diamonds, saying (rather like Evita Peron) that her luster brings glamour and dignity to her people.

In the opportunity culture of the United States, by contrast, conspicuous consumption was more tolerated. High spending was a mark of success what Americans demanded of their rich was conspicuous enterprise.

This mindset suggests that, despite the panoramic city skylines, the billboards, and the flashy five star hotels say otherwise, China has a long way to go before it truly comes to understand and appreciate its actual accomplishments and status.