> No, it exists as evidence of trying to be happy by craving material possessions. We believe that they'll make us happy, but all they really provide is temporary relief from our cravings and then more misery once the craving reasserts itself. It's a cycle that never leads to actual happiness.

It's more than that. It's an evolved behavior for status signaling. https://www.amazon.com/dp/B00C4B2TC0