system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: How can high end clothing companies like Gucci charge, and actually get, $300-$500 for simple cotton t shirts? 

**EDIT** - Yes i get all these points. I get them. No one has really answered what I'm asking though. Two shirts. Both 100% cotton. One company decides to charge MUCH more than another company for essentially the same shirt. How has the expensive company gotten to the point where they can set such high prices for something that costs 1/10th of that price to make?
gpt
Your edit still shows you don't get it.  What they said is all there is to it.  It's prestigious.  And the company gets a reputation of being prestigious, which perpetuates that prestige.  It doesn't matter if they're 100% identical.  One has the "Gucci" tag and the other doesnt.  The price is their way to "weed out" people they think are lower status than them.

It's pathetically socioeconomically prejudiced but that's all it is.  That is literally all there is to this.