Apr
26
2009

NY Magazine: 'Enablers' of High Finance Self-Pity

Describing his previous "ill-starred tenure at New York magazine" as having been "a crash course in the staggering unselfawareness of Manhattan class privilege," Chris Lehmann (The Awl, 4/21/09) now applies his insight to the magazine's recent "Rage of the Rich" issue, in which Gabriel Sherman "spells out with admirable, if analytically bankrupt, clarity" what Lehmann sees as "the secret conviction coursing through Wall Street's caverns": "Those who select careers in finance play an exceptional role in our society. They distribute capital to where it's most effective, and by some Ayn Randian logic, the virtue of efficient markets distributing capital to […]