Favela Chic

Once in a while I'm kind of grossed out by trends in design -- this chair called the "Favela Chair" is the perfect example of a movement, which has been around for a while, that could be called "Favela Chic".
I found the chair on Moss's website (i looove their products) and here's what they have to say:
(quote)
“Favela” refers to the ad-hoc shelters which are built out mud, sand, scraps of wood, bricks and stones in the hills and on the fringes of urban expansion around Rio de Janeiro. The name refers to the location of the first of such settlements, the hill “Morro da Favela”, built in the late 1800s by African-Brazilian veterans from the Canudos war who had nowhere else to go. The “Favela” chair is constructed piece-by-piece from the same wood used to build the favelas, and every piece is hand-glued and nailed.
(unquote)

The irony is in the price: the chair costs $2,985.00.

barf.

Did they chop that wood from brazilian rainforests too? Hmmm...