It’s also inevitable. In 1980, Yippie icon Jerry Rubin gave up protesting capitalism to work on Wall Street. Well-educated baby boom liberals began to join the establishment in droves. By the late 1990s, they were in charge. Thanks to the rise of the finance economy, they were getting richer than any previous generation ever had. Nothing changes a person’s attitude toward money like earning a lot of it. It’s hard to feel rage toward the Man when you’re buying a ski house in Sun Valley.
