She's worth billions and lives in a home worth more than $85 million dollars. I'm sure she has a house full of things with insane prices. The Edition cost her around .0000055% of her estimated net worth, so it's quite literally like me choosing a snickers bar over a much less expensive gummy bear.
Again, it's not about whether she can afford it, or deserves it. It's about the value of the Watch. Think of it in these terms -- Apple has arbitrarily slapped a $10-17k price tag on the watch, the only difference between it and the stainless is about $1k worth of gold. But it's made the exact same way as the $350 aluminum sport, by the exact same poorly paid, overworked, Chinese workforce. So who is making all that profit?
Compare that to a quality Swiss watch that costs $20k. Has anyone ever worried that the craftsmen who assemble those watches are working in sweatshop conditions barely making enough in 18 hour days to buy the basics? No. They likely are well paid for their expertise, and live nice lives supporting their families, and that accounts for a significant part of the cost of those watches. It's all not just going to arbitrary brand luxury.
So Oprah is not only supporting the continuing workplace inequalities that persist in China, as we all are, but she's contributing significantly to the inequality by overpaying for a product which has no other justification than flaunting wealth, the profits of which are going solely to Apple, and not the people or materials who create the product. When I overpay for coffee at the grocery store, it's because I'm assured it's not only the highest quality product, but that it's produced by fair trade working conditions which properly compensate those who produce it. I don't know what other luxury items Oprah has, nor do I really care, but I do know about her Edition watch now, and I know she could have had just as nice a stainless watch, even with a Hermes band, without blatantly contributing to a class system which ignores and exploits the human rights of its workers. If Donald Trump wants to overpay for an Watch to flaunt his status, that's fine by me, because he's an idiot. Let Apple profit at his expense (Apple's culpability to this notwithstanding), but I hate to see people I respect doing it.