Tuesday, October 18, 2005


Foreign Policy has this photo essay tracking the path of a diamond, from Sierra Leone to your finger. There is so much that is perverse about the world diamond trade, from the fact that prices are kept artificially high because supply is controlled by the DeBeers cartel, to the fact that, thanks to an almost century-long marketing campaign by DeBeers, Western working-class grooms feel obliged to scrimp and save to buy engagement diamonds dug by desperately poor Africans.

Those of you planning to get married, hear me now: Save the money for the rock, and have a full bar at your wedding instead.

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