Peasants often attempt to acquire things like Louis Vuitton purses, lower end version BMW or Jaguar automobiles, large but poor quality solitaire diamonds for rings, new version cell phones, trendy sunglasses, and bottle service tables at nightclubs.
Such individuals typically lack the education or worldly exposure to realize that they actually look like low class impostors to anyone wealthy enough to comfortably afford such high end consumer items.
It is now used as an insult as well. The suggestion being the person or thing being insulted is simple minded, rustic, crude or of a low status then person who is using the insult.
It is mainly used in Australia.
'Peasants lived mainly on a diet of soup and bread with little meat.'
Anyone who thinks David Karp, Louis Tomlinson and Scott Disick aren't sassy.
Basically people who don't have tumblr or don't know ship any two celebrities or don't have an OTP are peasants.
Person 2: Tell me what is your life? Are you even normal? Get out of my sight, you peasant. *walks away sassily because you think you're just as sassy as Louis Tomlinson, Scott Disick and David Karp*