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There's a great scene in the movie Wall Street. Bud is an ambitious wall street trader asking his dad for money, and his dad is a working class union representa
by jassyr 3y ago
There's a great scene in the movie Wall Street. Bud is an ambitious wall street trader asking his dad for money, and his dad is a working class union representative.
>Bud: It's Queens, Dad and a 5% mortgage and you rent the top room--I gotta live in Manhattan to be a player, Dad. There's no nobility in poverty anymore, y'know. One day you're going to be proud of me, you'll see...
Much of that raw, punk, diy, screw the rules mindset came from the working class. In the 90s it started to shift I think along with the offshoring of many blue collar jobs, and rise of FIRE [0] (finance, insurance, real estate) which are historically conservative industries.
Nowadays musicians are celebrated for their gross ticket sales more than their music, look at Taylor Swift's recent tour. People in my office obsessively discussed all week how much money she was making at each show. Back to your point, profit is the driver today, for better or worse. You won't get a filthy, crusty punk show anymore, but at least the venue is compliant with all current fire codes.
[0] https://fred.stlouisfed.org/series/GOFI https://fred.stlouisfed.org/series/GOFI