Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.

Summary

This quote suggests that the constantly changing trends and styles in fashion are driven by the desire of the lower-class industry to profit from the wealthy's obsession with vanity. The poor benefit economically by constantly dictating new trends that require the rich to keep up and invest in new clothing and accessories. It highlights the power dynamic between different social classes and serves as a critique of the commercialized nature of the fashion industry, where the lower class benefits from the whims and desires of the upper class.

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