Should you feel guilty for owning a Rolex while others can’t afford to eat?As Chinese manufacturers flood global markets and luxury brands face backlash in the US-China culture war, the internet is asking: Is luxury unethical—or just misunderstood?In this business lesson, I break down the real economics behind luxury, why having more doesn’t mean others have less, and how guilt-driven activism misses the point. From TikTok outrage to Vogue headlines, it’s time to separate emotion from economics.Luxury isn’t the enemy. Poverty is. And blaming success never built a better world.Timestamps0:00 – Intro0:38 – Why people say luxury is immoral1:02 – How luxury brands actually create value2:05 – Why having more doesn’t mean others get less2:27 – Guilt isn’t a strategy2:54 – What actually solves poverty3:08 – Final thoughts & CTA_________________________________________________________________________________________========================Connect with Matt Haycox, No BS Business Podcast Host & 8-Figure Entrepreneur. I’m Matt Haycox, entrepreneur, investor, and your straight-talking guide to building a business that actually works. I’ve raised over £750M, built (and rebuilt) 8-figure companies, and learned the hard way what it really takes to win. On No Bollocks with Matt Haycox, I cut through the bollocks to bring you raw conversations with 7–8 figure founders, investors, and experts who’ve been there, done it, and got the scars to prove it. No hype, no theory, just actionable strategies you can use today to start, grow, and scale your business. Whether you’re stuck in your 9–5, building your side hustle, or trying to hit your first £100k month, this is your go-to podcast for entrepreneur tips, startup growth strategies, raising capital, building a personal brand, and avoiding the costly mistakes most founders make. 📩 Get Matt’s free business newsletter for weekly strategies, mindset shifts, and behind-the-scenes lessons → https://nobollockswithmatthaycox.beehiiv.com/subscribe ▶ Instagram – https://www.instagram.com/thematthaycox/ ▶ YouTube – No Bollocks Podcast - YouTube ▶ LinkedIn – https://www.li...

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