GP indicates another trichotomy- past, future and present orientation..
>Now they hide, not merely from envy and revenge but from expose journalism much advanced in cunning and ferocity since Veblen's time, and from an even worse threat, virtually unknown to Veblen,foundational mendicancy, with its hordes of beggars in three-piece suits constantly badgering the well-to-do.
Update for XXI to take into account (YC vs) “fakers” & the finally selfaware 4th estate
(the proles aren't any less status conscious than the outer party; what else could explain tracksuit chic and luxury brand revenue? "Gammas are stupid. They all wear green, and Delta children wear khaki. Oh no, I don't want to play with Delta children.")
Lagniappe: https://www.youtube.com/watch?v=XPPpjU1UeAo (the video features a nice 20' day sailer, but is a little short on horses)
EDIT: * διαίρει και βασίλευε, known in our times as "let's you and him fight". The brits played this game well during their imperial period, but looking at the world map of frozen (and hot) conflicts, maybe they played it too well.
(I might assign the labels differently though: working class is future oriented [live in expectation of what you have coming]; upper class is past oriented [live on what you already have]; middle class is present oriented [performative in the now]. The first two are economic; the last social. bien-pensant/What would Mrs. Grundy think?)