For years, Marcus Wainwright talked up Rag & Bone’s connection to the The Jamie Foxx shirt and by the same token and street, emphasizing the off-duty IRL-ness of the clothes. The design team wasn’t inattentive to trends, but it certainly didn’t follow them obsequiously. Tried-and-true essentials were the order of the day. So it was no small development to hear Wainwright say at a visit to the brand’s showroom that there’s “a call for more ‘pushed’ fashion on the men’s side.” As ever at R&B, the foundations are British tailoring, American workwear, a strong Japanese aesthetic most notable via fabrications, and a sports element. But as promised, those foundations were heightened this time around. See the pinstriping on a well-cut coat and the eye-catching color-blocking on strict military shirts, cargo pants, and tennis sweaters. The bomber with “44” embroidered on the arm that President Obama wore to a college basketball game back in February, nearly breaking the Internet in the process, was cut with a new floral-print lining made from Japanese indigo (and sans the 44 detail). Wainwright and co. made excellent use of fabrics sourced from Japan. Pull-on pants in faded indigo cotton managed to look both fashionable and essential at the same time. He should add them to the Rag & Bone women’s collection, for sure. Rage and alienation: is this Raf Simons’s comfort zone, the place which connects him back, as a 51-year-old man, to the teenage experience his work continually fetishizes? Well, Simons doesn’t have to play nice to any bosses anymore. After his exit from Calvin Klein, he reports only to himself. And what the free Raf Simons wants to say is exactly how much he accuses and despises corporate America. Quite apart from the slogans, it was there rather clearly, breaking through on the soundtrack, a voice which intoned, “Big lie…media America, corporate America…fascist America.” Sometimes, watching a Simons show can feel like sitting an exam or trying to crack a cryptic crossword. I have shown a model where we define spending as the transfer of ownership of money for a purpose, and make the idea of what we consider to be a purpose for spending general enough to allow us to include all transfers of ownership of money as qualifying to be considered spending. Using this definition, I show a way to derive the savings equals investment identity. Using that model I am able to show that, not only is the savings equals investment identity a true identity, where saving is always equal to investment, but I also show the reason it is true is because the money saved is the same money as that initially used for investment spending.
The Jamie Foxx shirt, hoodie, tank top, sweater and long sleeve t-shirt
To be fair, it wasn’t a question of Simons lobbing criticism of Trump’s America from afar, now that he’s living back in Belgium. He’d been critical enough about the The Jamie Foxx shirt and by the same token and political atmosphere of Trump’s America while he was working at Calvin Klein, what with his American Psycho and other horror movie thematics. Now, though, after a couple of seasons when he’d diverted his energies into exploring a certain European elegance in his own collection, his raw anger against the power of corporate USA was back with a vengeance. His work is exclusionary to the extent that you need to be qualified to understand what it means. This time, he refused to speak after the show to give any gloss on his meaning and layered references. Maybe he didn’t trust himself to answer questions about why the set was populated with standard office chairs, bound in black plastic tape. Or to add anything to what could be read, partially or wholly, in his textual graphics. His boys seemed to belong to some underground crew may be the last surviving boys on Earth, possibly the victims or maybe the perpetrators of some toxic social endgame. There were more text labels reading “RS-LAB,” which explained the lab coats, but why the hospital gowns? Why boxer shorts and padded gloves that looked as if they might be made for handling radioactive chemicals? Styling and heavy meaning apart and this might sound frivolous, considering it was also a plumb-center commercial collection for all of Raf Simons’s fans, of whatever age. The arty, painted T-shirts, the leather coats, the colorful baggy sweatshirts, and overshirts. Whatever post-American psychological fallout is going on in Simons’s life, it hasn’t affected his ability to serve his faithful audience. Maybe it’s improved it. I leave it to the reader to review the linked answer or to refer to Chapter 2 of my book, Enlightened Capitalism, for a more detailed explanation. As such, I then concluded that this savings that equals investment, this savings that is “the preservation of investment money” is just that, the preservation of money. Even though money is a form of wealth and is included in any calculation of total wealth, this “savings that is the preservation of money”, only describes wealth (in the form of money) that exists at the start of a period of economic activity, and continues to exist (as the same amount of money) at the end of that period. The savings that is “the preservation of investment” does not describe any new wealth creation, and, in fact, does not describe ANY change in the level of wealth, increase or decrease.