Only in liberal America would you have a magazine that named itself Vanity Fair.
Then I saw in my dream, that when they were got out of the wilderness, they presently saw a town before them, and the name of that town is Vanity; and at the town there is a fair kept, called Vanity Fair. It is kept all the year long. It beareth the name of Vanity Fair, because the town where it is kept is lighter than vanity, Psa. 62:9; and also because all that is there sold, or that cometh thither, is vanity; as is the saying of the wise, “All that cometh is vanity.” Eccl. 11:8; see also 1:2-14; 2:11-17; Isa. 40:17.
This fair is no new-erected business but a thing of ancient standing. I will show you the original of it.
Almost five thousand years ago there were pilgrims walking to the Celestial City, as these two honest persons are: and Beelzebub, Apollyon, and Legion, with their companions, perceiving by the path that the pilgrims made, that their way to the city lay through this town of Vanity, they contrived here to set up a fair; a fair wherein should be sold all sorts of vanity, and that it should last all the year long. Therefore, at this fair are all such merchandise sold as houses, lands, trades, places, honors, preferments, titles, countries, kingdoms, lusts, pleasures; and delights of all sorts, as harlots, wives, husbands, children, masters, servants, lives, blood, bodies, souls, silver, gold, pearls, precious stones, and what not.
--John Bunyan, The Pilgrim's Progress
First comes Bunyan, then comes Thackeray...
"Though the name Vanity Fair comes from John Bunyan's Pilgrim's Progress, Thackeray uses the concept in a very different way from Bunyan. For Bunyan, Vanity Fair comprises all the worldly activities which distract the Christian from salvation and lead to damnation; they are vanities for this reason. At risk is the Christian's immortal soul.
The phrase "vanity fair" came to mean "a place where all is frivolity and empty show; the world or a section of it as a scene of idle amusement and unsubstantial display" (the Oxford English Dictionary or OED ). For Thackeray, everyone lives in Vanity Fair or society; vanity has become the desire for society's approval and rewards; the individual seeks, not spiritual salvation, but the rewards of this world–success, status, and wealth. "
http://academic.brooklyn.cuny.edu/english/melani/novel_19c/thackeray/index.html#discuss
If the shoe fits...but still the same thing is at risk, even if people try to pretend it away...