Better components, not better design. But what a difference.
In '71, I bought a pioneer 626, electrovoice speakers and dual turntable for $450. With inflation, that price would be around $1,800 today. For $1,800, you can put together a system today that will sound better than the original. There is (and has been) high end equipment sold, not for the enjoyment of music; but for establishment of "superiority". Audio is not immune to status seeking.
In '71, I bought a pioneer 626, electrovoice speakers and dual turntable for $450. With inflation, that price would be around $1,800 today. For $1,800, you can put together a system today that will sound better than the original. There is (and has been) high end equipment sold, not for the enjoyment of music; but for establishment of "superiority". Audio is not immune to status seeking.