Once they were called civil servants, but after the barrage of taxpayer-funded bailouts, they may be more properly seen as “civil masters.”
David Brooks, writing today in the New York Times, aptly describes the phenomenon without–in typically Brooksian fashion–making any harsh judgments about it:
For those who don’t know, Ward Three is a section of Northwest Washington, D.C., where many Democratic staffers, regulators, journalists, lawyers, Obama aides and senior civil servants live. Thanks to recent and coming bailouts and interventions, the people in Ward Three run the banks and many major industries. Through this power, they get to insert themselves into the intricacies of upscale life, influencing when private jets can be flown, when friends can lend each other their limousines and at what golf resorts corporate learning retreats can be held.
(snip)
Nonetheless, many people in Ward Three do have certain resentments toward those with means, which those of you in the decamillionaire-to-billionaire wealth brackets should be aware of.
In the first place, many people in Ward Three suffer from Sublimated Liquidity Rage. As lawyers, TV producers and senior civil servants, they make decent salaries, but 60 percent of their disposable income goes to private school tuition and study abroad trips. They have little left over to spend on themselves, which generates deep and unacknowledged self-pity.
Second, they suffer from what has been called Status-Income Disequilibrium. At work they are flattered and feared. But they still have to go home and clean out the gutters because they can’t afford full-time household help.
Third, they suffer the status rivalries endemic to the upper-middle class. As law school grads, they resent B-school grads. As Washingtonians, they resent New Yorkers. As policy wonks, they resent people with good bone structure.
In short, people in Ward Three disdain three things: cleavage, hunting and dumb people who are richer than they are. Rich people have to learn to adapt to the new power structure if they hope to survive.
Brooks should also acknowledge that pockets of what I will call “Ward 3 mentality” exists in Cambridge, Mass., Manhattan, Los Angeles’ West Side and the suburbs of many university towns from Berkley and Boulder to Madison and Ithaca. The resentful hate the “greedy”–and that animus is the source of too much of our politics today. “Hope and change” is simply the sweet coating on this bitter pill.




