Earlier quoted context omitted.
All the industries are competing to be the one by which you display your worth to society. The order as I see it is: House, Car, Clothes, Phone. Jewelry goes in there somewhere. Each of these products is trying to convince you of their value, excess value really, so you will spend your money on them, yet the expense of the product isn't worth much. You need a house to protect you from the weather and other people. Af…
I would argue the issue with clothing is the opposite: you can buy very cheap clothes now. H&M,Zara,C&A,Terranova etc all allow you to get a t-shirt, skirt, dress or whatever for ten bucks. It's cheap synthetic and won't last long but who cares, you paid ten bucks for it. And so each season you buy 3-4 new ones...
The diktat should be "Buy cheap clothes but not very often". You don't have to go all the way to a suit with matching tie and shoes. Polos, shirts, jeans, chinos can be had for cheap too, and they last long.