No offense meant, _____ . But these same arguments come up all the time, the points get explained and argued out, yet people still don't get it. This site brings together a lot of different people. I know some people here have a demonic obsession with finding and sharing experience about the most real sounding gear, yet others just like to argue. I believe in free speech, and I don't have problem with the latter, but when the same drek starts repeating over and over and over....
Psychological angle: Our brains are wired for novelty. Our brains respond to new events and experiences. But the neurons in our brains don't fire if events do not provide new information. We quickly adapt to what we have. And we strive for new and different things. Manufacturers are aware of this, and they oblige. If they make gear that gets our neurons firing, they can ask a lot of money for it...
Economic perspective: This is really basic stuff. The value proposition of high end audio is to make sure the customer understands the intrinsic quality, the level of workmanship, and the cost to make the products. If this does not come across and there is no compelling reason to buy the high end gear, people will not buy it. Some claim that audiophiles are dumb schmucks, easy marks. But how many schmucks are there that are buying stuff just because it's expensive? Just like you can't say that every actress in Hollywood is a strung-out slut like Lindsay Logan or everyone in New Jersey is like the individuals on MTV's Jersey Shore, not everyone buying the dCS Vivaldi or an expensive speaker is an idiot. But if there is one guy out of 30 or 40 Vivaldis dCS will sell this year who is that schmuck, so what? Most individuals in this hobby are highly engaged and experienced. They know why they are spending their money. They know what gets them off.
But again, it all comes down to a very simple economic principle: If you see the value in something and can afford it, buy it. If not, don't. No one is holding a gun to anyone's head. And this pattern of high prices/ high quality exists for virtually every industry today - from cheese to clothing ( I saw a killer $10K Kiton cashmere sport coat the other day) to cars to beer to kitchen appliances to tools...
We no longer live in the Victorian times. And we no longer live in the 1960's or even the 1980's. Thank Heavens for that!