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Re:Learning The Elite Class by jasode on Saturday July 16, 2022 @05:02AM (#32116334)
>In older societies, everyone is aware of their class [...], but in America they seem to pretend that class doesn't exist there

Americans aren't pretending because unlike England, the country itself was created without a monarchy handing out titles of nobility[1]. Europeans can trace deep historical bloodlines -- which further reinforces class distinctions and self-awareness across generations. However, America was built on immigrants arriving on ships where family records were lost.

So if one still insists on overlaying the word "classes" on top of America, it is very different from "class" in Europe. Therefore, social class in America is more about wealth rather than hereditary titles. The ability for money (e.g. become a millionaire/billionaire) to change your status in society means social class in the USA is fluid and can change.

Maybe a loose USA version of hereditary class might be families like Kennedys, Bushes, etc where the media nicknames the Kennedys "Camelot". Even so, a bricklayer who was the son of an Austrian village policeman and had a bloodline tainted by a bastard great-grandfather -- was able to marry into the Kennedy family. Why? Because Arnold Schwarzenegger became a successful multi-millionaire. The European-version of "lower class" in Arnold's family background wasn't a barrier in the USA.

>Everyone pretends that racism in America is just that, when it's actually classism born of racist roots

I think many do have pure and simple racism based on skin color. E.g. they don't care for black billionaires like Michael Jordan and they think it's wrong that a black judge sits on the Supreme Court. Yes, racism for some people may be (subconsciously) intertwined with class as you point out ... but for others, it's a simple dislike of black people.

[1] https://en.wikipedia.org/wiki/Peerages_in_the_United_Kingdom

Re:Learning The Elite Class by popcorncowboy on Saturday July 16, 2022 @05:35AM (#32116468)
Except there's plenty of old-money (hereditary class) in the US that looks, talks and acts exactly like the "class" structures you're claiming are very different from those in Europe. You're arguing semantics because "it's different" in the US, which may be superfically true, but not meaningfully so.

Whatever you want to call it, there are de facto class structures in the US that operate as the functional equivalents of class in Europe. You are either born into these circles or you remain outside of them (for at least a few generations). Wealth is only one part of this mix, and while it certainly does pay for your tickets into elite events, it does not buy you into the circle.

> social class in USA is fluid and can change

And this is one of the major false-hoods that people believe to be true but simply isn't. Americans in particular suffer from this belief. Social mobility is lower than most people expect, and the trend has been heading downwards for years.

Re:Learning The Elite Class by Ekaros on Saturday July 16, 2022 @05:53AM (#32116553)
Also, the perspective here might be skewed. After all this is place that observes and connects with newly generated wealth and millionaires. Which could even be considered a entirely new and separate social class. Or multiple. From your average developer, to bay area developer in FAANG and like to those that made multi-million to billion dollar companies. And all this inside single generation.

Lower end is probably associated with your traditional professional classes. Then there is managerial classes. And finally the newly rich. Which might interact with others, but likely won't fully belong...

Re:Learning The Elite Class by kstenerud on Saturday July 16, 2022 @06:58AM (#32116869)
In essence, it's the 21st century equivalent of the "new money" industrialists of the 18th century. They weren't accepted by the established class either, and had to slowly bleed in over generations.

In fact, you still regularly hear the disparaging words "new money" today.

Re:Learning The Elite Class by Enginerrrd on Saturday July 16, 2022 @12:50PM (#32119781)
To be fair, flashy, tactless, and pointless displays of wealth for it's own sake is the kind of thing people are looking down upon when they use that term.
Re:Learning The Elite Class by f17 on Saturday July 16, 2022 @10:23AM (#32118431)
I was an engineer at a FAANG. The effects of pre-existing, generational social class are as strong there as anywhere else.

If you grew up old money, you get tapped for the best projects and will make Staff by 25, Principal by 30. If you don't have the technical abilities, they'll make you a manager. On the other hand, if you come from the rabble, you stay in the rabble--you get assigned regular grunt work and performance reviews actually matter to your future.

Re:Learning The Elite Class by _fat_santa on Saturday July 16, 2022 @11:46AM (#32119213)
> If you grew up old money, you get tapped for the best projects and will make Staff by 25, Principal by 30. If you don't have the technical abilities, they'll make you a manager. On the other hand, if you come from the rabble, you stay in the rabble--you get assigned regular grunt work and performance reviews actually matter to your future.

I could not disagree with this more. I would say that tech, unlike legal, medical or other fields, is by far the most egalitarian. You can be a kid that comes from the "rabble" and make Staff/Principle if you are really good and committed.

Likewise I have seen many "old money" folks like you describe completely wash out. We had a few at my company get their foot in the door because the parents play golf with the owner. Sure they have the advantage in getting in, but once youre in if you aren't skilled technically, you're going to wash out very quick (both guys we hired were gone in ~3 months)

Re:Learning The Elite Class by ryandrake on Saturday July 16, 2022 @12:32PM (#32119588)
I think a lot of people might not notice it happen but it definitely happens and is common. And not just in FAANG's but in most companies. There are special people who, by virtue of something, end up being the "golden children" and are put on the express train through promotions. For reasons completely unexplainable if you believe in egalitarianism. You've got a team of people, and some NewGuy joins. They seem like your peer: they're at your level! You don't really know what their job performance is like. Then all of a sudden, they're Staff level, then Principal. Then the org-wide memo announcing that Executive X has moved on in their career and NewGuy is now Senior Director of your whole division. How TF did that happen? He was employee number 45519 a year ago! You can see it happen with actually-talented people and with bozos. It seems uncorrelated with how good at your job you are, and more correlated with less obvious/measurable things like your social standing, your background/pedigree, your "elite" mannerisms... it's hard to articulate what these things are when you're not part of the club, but they're there. You can see it in the way this class carry themselves: that haughty way they hold their head up, the fake but gorgeous smile, the handshakes, the similar speech patterns and word choices. It's like a secret code they share that's invisible to the rabble--like the aliens in They Live. They even all kind of walk the same way--that weird presence that is both carefree and commanding. Probably mannerisms they honed in finishing school, or in the Ivies or Stanford where they all seem to have come from. If you start looking for these things, you can squint and barely see them all over your company's leadership. There are always exceptions where one of the rabble got through, but they're rare.
Re:Learning The Elite Class by j7ake on Saturday July 16, 2022 @02:29PM (#32120588)
This sounds wrong. Old money people are not working at FAANGs, they’re investing in them. Old money people have enough wealth where you don’t need to code in an open office 60 hours a week. That is for the working class.
Re:Learning The Elite Class by f17 on Saturday July 16, 2022 @02:55PM (#32120835)
The old money kids don't have to use the open-plan offices, and they usually either get choice roles (not regular SWE work, but GoogleX stuff) or directly put on the management track (since they're almost never coding for more than 2-4 years out of school). They get put in as proteges of high-level people and what they do on a day-to-day basis doesn't matter; it's more like a college major than a career, something to say they did.

You're right that they don't need to work. They do it to legitimize themselves. And, of course, to make sure any genuine opportunities go to their social class and not the rest of us.

Re:Learning The Elite Class by greatpostman on Saturday July 16, 2022 @10:33AM (#32118538)
I’ve never seen this and I’ve been at two FAANG totalling six years
Re:Learning The Elite Class by refurb on Saturday July 16, 2022 @12:07PM (#32119389)
Couldn’t disagree more.

In my org, half of the senior staff and executives weren’t even born in America. They were naturalized citizens or on work permits.

Not sure how those folks could be leveraging their social class in America.

Re:Learning The Elite Class by akiselev on Saturday July 16, 2022 @01:06PM (#32119918)
> Not sure how those folks could be leveraging their social class in America.

One example off the top of my head: Indian caste discrimination in Silicon Valley [1][2]. Cisco was even sued by the state of California for such discrimination [3].

[1] https://news.ycombinator.com/item?id=24952698

[2] https://news.ycombinator.com/item?id=24552047

[3] https://news.ycombinator.com/item?id=23697083

Re:Learning The Elite Class by refurb on Saturday July 16, 2022 @03:57PM (#32121399)
The caste system is not an American social class.
Re:Learning The Elite Class by johnthescott on Sunday July 17, 2022 @08:35AM (#32126234)
a good friend of mine who worked at a FAANG expressed similar sentiments. he is the son of a taxi driver and a christian healer and a person of color. his words were "G was a disneyland for rich white kids".
Re:Learning The Elite Class by mercy_dude on Saturday July 16, 2022 @01:32PM (#32120122)
> Except there's plenty of old-money (hereditary class) in the US that looks, talks and acts exactly like the "class" structures you're claiming are very different from those in Europe.

100%. You also have to keep in mind America is much younger as a nation compared to Europe, but the classism is trending it towards the hereditary classism found in Europe over time.

Re:Learning The Elite Class by Archelaos on Saturday July 16, 2022 @01:06PM (#32119915)
The term "class" in the sociological sense originated in contrast to the old system of "estates". Originally, it referred to the "tax class" of a (male) person, which formed the basis for census voting rights in both the USA and Europe until well into the 19th century.

This is the reason why speaking of an "aristocratic class" remains somewhat inappropriate. The term "class" was introduced specifically to mark the difference between the old society, which was dominated by heritage ("estate"), and the new society, in which this has been replaced by wealth ("class"). That there was a lot of continuity from the old to the new order is another matter. Britian seems to be very special, because there the "upper class" is a mixture of old estate and new wealth (plus celebrities from academic, sport and culture), something that is more or less absent in the rest of Europe. While a poor Lord in England is still a Lord, a poor Graf in Germany is just a poor person.

Re:Learning The Elite Class by jasode on Saturday July 16, 2022 @10:36AM (#32118565)
>Except there's plenty of old-money (hereditary class) in the US that looks, talks and acts exactly like the "class" structures you're claiming are very different from those in Europe. [...] Whatever you want to call it, there are de facto class structures in the US that operate as the functional equivalents of class in Europe.

Both you and sibling commenter (zbentley) are making points that don't contradict what I was talking about in my reply to gp kstenerud. I'm not saying stratification, hierarchy, elites, etc don't exist in USA. Instead, I'm explaining why Americans don't seem to be aware of their class.

To re-emphasize the specifics that I was focused on, he commented: "In older societies, everyone is aware of their class from a very young age, but in America they seem to pretend that class doesn't exist"

I was dissecting his phrase "their class from a very young age" and how why Americans (e.g. USA children's brains) don't even know there are classes and thus, they're unaware which one they are in. Maybe one can call that self-awareness "class consciousness" or something similar but there's a reason Americans do not have it to the same degree as Europeans. In USA, the so-called "classes" are not _overt_ and _blatant_ to the same degree.

In contrast, some societies with overt & blatant classes:

- India Hindu castes with the "untouchables"

- feudalism with "lords" and "serfs"

- peerage with titles of nobility

America's particular circumstances of nation creation means the class system emerges from money & wealth rather than the 3 examples above from religion or monarchy. A young child in India in the "untouchables" class will be self-aware they're part of the untouchables. And likewise, a serf knows he's not a lord and a lord knows he's not a serf. But an American child in deep south Alabama won't necessarily know they are "hillbillies" or other derogatory terms like "white trash". These are class terms that others give them. In America, "classes" for many people are the proverbial "water that fish don't even know they're swimming in".

But to re-state your points a different way... Just because the USA doesn't have overt classes, it doesn't stop "invisible" classes from forming ("old-money") and functioning in similar ways. Some Americans authors are so exquisitely observant of subtle class differences such that they can write books where characters' self-awareness of class adds tension to their novels. Examples being F Scott Fitzgerald "The Great Gatsby" and Edith Wharton novels. Likewise, the readers of those books need to be aware of subtle class distinctions to see the significance of characters living in West Egg vs East Egg -- or that a Wharton character is driving a 2-wheeled horse & buggy instead of a more expensive 4-wheeled carriage.

Re:Learning The Elite Class by onetimeusename on Saturday July 16, 2022 @01:35PM (#32120150)
I think part of this is right. Up until Kennedy's presidency, the country was run by WASPs who make up most of what is called "old money". WASPs probably still exist in some form but I probably wouldn't call them the upper class anymore because they have no power or privilege. In fact, one of their exclusive gateways to retaining power, the Ivy League, has disavowed them and white people as a whole are the only race that is underrepresented relative to population size in the Ivy League. So I do not believe WASPs can claim to be the upper class anymore although I am sure they are relatively well off. Further, as a group Asians are among some of the highest earners so it would be hard to argue that they are part of a lower class despite being so in prior generations. So I do think class has changed in the US over the last 100 years.

WASPs might hold some prestige but I think as they lose power they become more irrelevant and less exclusive. I don't think it's straightforward right now who the upper class is. It feels like things are in a state of flux and amorphous or secretive. I completely agree net worth is not the only deciding factor.

The upper class will always be a small exclusive group by design so regardless of who is in it, social mobility is probably lower than most people expect. So to sum it up I only disagree with you about the power of "old money" in the US now. I think there is a somewhat parallel class with actual hereditary advantages that is replacing the "old money" class.

Re:Learning The Elite Class by abnercoimbre on Saturday July 16, 2022 @02:53PM (#32120816)
Could you spell out WASP?
Re:Learning The Elite Class by dzdt on Saturday July 16, 2022 @03:36PM (#32121204)
White Anglo-Saxon Protestant
Re:Learning The Elite Class by oblak on Saturday July 16, 2022 @03:43PM (#32121273)
I am trying to brute force it. It's about half way done at Wealthy Assholes. Need help decrypting the rest, though

edit: I see dzdt has provided something useful.

Re:Learning The Elite Class by rufus_foreman on Saturday July 16, 2022 @02:16PM (#32120505)
>> You are either born into these circles or you remain outside of them (for at least a few generations)

What can't Jeff Bezos do that he would be able to do if he had parents from a different class?

Re:Learning The Elite Class by claudiulodro on Saturday July 16, 2022 @02:29PM (#32120592)
Get ~$300,000 investment from his parents to start Amazon?
Re:Learning The Elite Class by rufus_foreman on Saturday July 16, 2022 @02:53PM (#32120819)
His step father was an immigrant from Cuba who came to the US at 16 without being able to speak English. His father ran a bike shop.

That's old money?

Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @03:38PM (#32121220)
Ordinary people buy houses for far more than $300,000.
Re:Learning The Elite Class by lostdog on Saturday July 16, 2022 @04:53PM (#32121864)
...with a mortgage, and the house tends to maintain value. They don't have that kind of money lying around to throw into a risky business.
Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @06:38PM (#32122601)
Not being willing to take the risk is very different from cannot raise the funds.

$300,000 is simply not an outsize amount of capital to start a business. People do it all the time. Expect to put out $1.3 to 2.3 million to start a McDonald's franchise, and those are everywhere. (Other franchises are less expensive, not more.)

The idea that one has to be rich to raise $300,000 is simply not true.

Re:Learning The Elite Class by lostdog on Saturday July 16, 2022 @07:56PM (#32123057)
The ratio of people I've met who've taken out a mortgage to the number who've taken out a house-sized business loan must be well above 10,000:1. It's not clear that you're arguing from any basis in reality to suggest that they're the same in any way.
Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @09:10PM (#32123457)
That's why those 10000 do not create Amazons. It's not that they cannot. It's that they will not.

It's like Bob and Ted have an equal financial position.

Bob: I just borrowed $10,000 and put it into Bitcoin!

Ted: Haha, you fool, that's so risky!

--- 5 years later ---

Bob: My bitcoin is now worth $1,000,000!

Ted: That's sooo unfair!

And remember, Bezo didn't have $300,000 either. He borrowed it.

Re:Learning The Elite Class by claudiulodro on Sunday July 17, 2022 @10:31AM (#32127124)
The median home price in 1994 was $105k, so it was basically three houses back then.
Re:Learning The Elite Class by f17 on Saturday July 16, 2022 @10:29AM (#32118495)
> Except there's plenty of old-money (hereditary class) in the US that looks, talks and acts exactly like the "class" structures you're claiming are very different from those in Europe. You're arguing semantics because "it's different" in the US, which may be superfically true, but not meaningfully so.

This. The idea that we were founded by the industrious poor of Europe doesn't really hold out. People came to the New World with all sorts of different motivations, and from all social classes. The rich who came over to get super-rich got super-rich and their descendants are now the elite. The poors who came over to work in the coal mines stayed poor and their descendants now work at Wal-Mart. And the one-sixth of this country whose ancestors were brought over against their will are still treated horribly because their skin color makes it evident (or at least likely).

Not only is social mobility rare, but there's a mean-reversion. Class doesn't prevent you from attaining wealth, but it makes it harder to keep it; there are so many forces in play that most people aren't even aware of, but that exist to keep long-term upward mobility at a minimum. You can get a PhD and work at a FAANG, and you're still going to lose in project allocation and in promotion battles to 23-year-olds whose fathers and grandfathers the VPs are afraid of.

Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @03:29PM (#32121147)
What rich people immigrated here from Europe and founded dynasties in America?

How about one of the richest men in America? The son of a butcher:

https://en.wikipedia.org/wiki/John_Jacob_Astor#Early_life

How about the Kennedys? Irish immigrants:

https://en.wikipedia.org/wiki/P._J._Kennedy#Early_life

The Vanderbilts? From an indentured servant coming to America:

https://en.wikipedia.org/wiki/Cornelius_Vanderbilt#Ancestry

Re:Learning The Elite Class by gen220 on Sunday July 17, 2022 @11:05AM (#32127448)
It depends on your definition of dynasty, but they absolutely did.

Similar to the UK, most of these dynasties were based on real estate and failed to safeguard their wealth during the transition to the postindustrial era (post-civil war), unless they transitioned into finance/insurance.

Because of this, we don’t know their names today as well as we know the (post-)industrial names (your example of Astor is an exception because his story & wealth were singular, but even Astor isn’t well-known outside of NY).

John Jay, the various Roberts Livingston, the van Rensselaers,the Van Cortlandts, the Schuylers, Morris, etc.

These were people who had functionally feudal titles in post-revolutionary America, and many descendants retained them until the mid 19th Century.

They weren’t Windsors, Hohenzollerns or the uppermost crust of European houses. They were generally the descendants of Scottish, Dutch, or French elites who came to the new world once they caught wind of the killer opportunity provided by untouched and underutilized natural resources, in combination with a highly malleable set of local legal institutions. Many of them also had the motivation of fleeing asset seizures at home.

Re:Learning The Elite Class by WalterBright on Monday July 18, 2022 @01:36PM (#32140933)
Having a feudal title doesn't mean they were rich. John Jay's ancestors came to America because the French government confiscated their property.

https://en.wikipedia.org/wiki/John_Jay#Family_history

I didn't look at the others you mentioned. If you've got a cite that shows they came to America wealthy, feel free.

BTW, Astor is well known on the west coast. See Astoria, Oregon.

Re:Learning The Elite Class by gen220 on Monday July 18, 2022 @03:23PM (#32142358)
I guess this hangs on your definition of "came to America rich". America was a frontier, not the kind of place that rich people came to for fun, but the kind of place that people went to escape glass ceilings and exploit natural resources for profit.

It required capital and connections to make it big in the Hudson valley: many of the wealthiest families in the US at 1776 were descended from people of relative wealth and influence (again, not Windsors and Hohenzollerns), who found the british colonies to be a place where skill, capital and connections could be compounded into meaningful wealth at a far higher rate than their birth countries.

Jay's progenitor fled asset seizure in France to take up commodity trading in NY, where he became cozy with the established elites: Jay's mother was a Van Cortlandt, themselves married into the Van Rensselaers, who were among the founders and directors of the Dutch West India Company.

(Most prominent New Yorkers of the 1770s intersect with the Van Rensselaers). Alexander Hamilton married a Schuyler, a family whose history mirrors the Van Cortlandt's (wealth deriving from the furs trade, cemented with marriage to the "Vans").

Robert Livingston the Elder fled to the Netherlands from Scotland, where his well-to-do father had faced religious persecution. He ended up in New York, where he married a Van Rensselaer widow and was granted a "patent" to 160,000 acres of farmland along the Hudson.

---

South of the Potomac River, the stories are pretty similar if you substitute "fur trade" for "tobbacco trade".

e.g. James Madison's paternal grandfather was a man of influence and landowner in Virginia, who cemented his family's future influence with a marriage into the Penn family. The Penns, along with the Baltimores, represent an extreme end of the "arrived wealthy" spectrum.

Re:Learning The Elite Class by djenendik on Saturday July 16, 2022 @04:43PM (#32121785)
So colonialism?
Re:Learning The Elite Class by dwater on Saturday July 16, 2022 @01:51PM (#32120311)
And it's still happening. America is, compared to other first world countries, not the easiest to immigrate to. So out of all immigrants, who would choose to go to America (appreciating that many immigrants don't have much choice)? The ones most aligned with America's opportunities, so people who want to be capitalists. If you value a chance at getting rich over stability and safety, come to America. If you want a strong social safety net and aren't willing to arm yourself against your neighbors, go somewhere else.
Re:Learning The Elite Class by endominus on Saturday July 16, 2022 @07:36AM (#32117075)
Class is more than lineage or wealth or race. The signifiers run much deeper than that. To use an example from https://siderea.dreamwidth.org/1237182.html -

>So, for instance, if I don't like the medical care I get from the doctors my state-subsidized health plan (thanks, Mitt!) gives me access to, I can't just whip out my checkbook and buy myself care from a better reputed specialist. Being poor might yet shorten my lifespan, as it curtails my access to care. But on the other hand, if I present with a serious booboo to just about any doctor, I will have narcotic pain relief offered me with no questions asked, because someone of my social class is not suspected of being one of those naughty "med-seeking" addicts. The decision of whether or not to trust me with a prescription for percoset is not made on the basis of the MassHealth card in my pocket marking me one of the precariat, but my hair style, my sense of fashion, my (lack of) make-up, my accent, my vocabulary, my body language, my (apparent) girth, my profession (which, note, doctors often ask as part of intake), and all the other things which locate me in a social class to observers that know the code. Contrariwise, a patient of mine – who is a white woman of almost my age – who is covered with tattoos, speaks with an Eastie accent, is over 200lbs, and wears spandex and bling and heavy make-up, gets screamed at by an ER nurse for med-seeking when she hadn't asked for medication at all, and just wanted an x-ray for an old bone-break she was frighted she had reinjured in a fall.

Re:Learning The Elite Class by zbentley on Saturday July 16, 2022 @08:42AM (#32117454)
This is misinterpreting both the UK and the US in important ways. Wealth is germane to class in both, sure. But after that, most of what you said is incorrect.

Family status in the UK is less about history than shared context: not "what titles did your ancestors hold?" (that might be highly relevant for the fractional upper crust, but not so much for others), but "did you go to the same (exclusive) schools as others in your social class?" and "did your last generation or two originate from the same (exclusive) areas?"

The same is true in the US, ironically even more-so in some ways: while people certainly can change their status by becoming [mb]illionaires, that's both vanishingly rare and insufficient on its own.

Rare: in that mobility in the US is almost nonexistent--so rare that many elite groups and institutions presume that none of their members transitioned into the elite by acquiring wealth. Whether mobility is greater in the US or the UK is a belabored and unclear argument I won't get into.

Insufficient: as the article mentioned, there is a massive set of social context and mores that are shared by elites that are not necessarily shared by someone who recently became wealthy. This works almost identically to that context in the UK, just with superficial differences.

That context amounts to an entire culture--which can be learned, or faked, but doesn't automatically switch on when you e.g. inherit money or sell a business to become wealthy. This isn't quite the same as the distinction between "old money" and "new money"; shared elite-culture context can be built in a single generation: a newly wealthy person is not automatically able to navigate and benefit from existing elite cultural structures, but if they research the shared background of people already in those cultures, they may put their children into e.g. the elites' schools or communities, at which point their children have a good chance at becoming "authentic" (really "passing", since authenticity is sort of a tautological quality here) members of the elite themselves.

Everyone can point to an outlier to these phenomena--someone that proves that you can "break into" or are falsely excluded from a class by some criteria. You point to Schwarzenegger, others point to various rags-to-riches stories, or stories of people who carefully research and dissemble to enter elite cultural circles. While those stories certainly exist, outliers are, by their nature, less relevant than the rules that govern the overwhelming majority of class dynamics in these societies.

Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @03:42PM (#32121267)
> in that mobility in the US is almost nonexistent

What? I personally know lots of people who went from zip to millionaire.

Even in the 1990s, it was estimated that Microsoft had minted over 10,000 millionaires, not including the value of their homes. And that's just Microsoft.

Re:Learning The Elite Class by zbentley on Sunday July 17, 2022 @11:24AM (#32127602)
Maybe, but I think two things contraindicate that.

1. The first is a difference in degree. Millionaires (even in 1990s) money do not necessarily have cultural access to the kind of elite circles discussed in the article. Now, you might be right--I'm not going to no-true-scotsman the entire claim, as I have no way of deriving a particular asset value that makes access likely--but it does seem unlikely to me that "millionaire" has substantial overlap with the multiple-vacation-homes types of people attending the gathering in the article. Similarly, mobility fluctuates; the '90s were a time of both elevated economic prosperity and elevated opportunities to transition upward in economic class. Now not so much.

2. I think we can refute the statistical claim, that mobility is less scarce than I stated. That one we can verify with data--as others in this thread have pointed out, anecdotes are insufficient. Numerous analyses indicate that "upward mobility" (which, fair enough, is often a flawed measure) has decreased or remained stagnant since the '70s. Additionally, elite classes have widened the asset-value gap that needs to be crossed by someone looking to join those classes via wealth alone.

In short: zip to millionaire might not be relevant to the claim; even if so, it happens less frequently (per capita if not absolutely) now; when it does happen it is less likely to imbue the kind of cultural status/class change that I mentioned due to the increased economic "distance" that the people in that status/class have accumulated in the last decades.

Re:Learning The Elite Class by orwin on Saturday July 16, 2022 @04:55PM (#32121881)
You need to think in percentage and not in hard money.

How many of the people born in the first quintile of wealth in the 80s are still in the first quintile? How many people born in the last quintile are now in the first quintile?

If the answer is 20% to both, great, you have no predetermination of wealth at all. if you have 50%/10%, you have what is expected in a country with correct social mobility (Most western countries post WW2 until the 70s). If its 95%/2%, or less, you have an almost non-existant wealth mobility.

Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @06:32PM (#32122558)
"almost nonexistent" means a lot less than 20%.

> correct social mobility

a meaningless term

Re:Learning The Elite Class by TristanBall on Sunday July 17, 2022 @01:19AM (#32124667)
And I know none. I don't recall ever actually meeting a Microsoft employee either, and I've been in tech a long time ( albeit in another country )

But picking Microsoft as an example or any of the faangs feels wrong, because they are the outliers. Millions of companies don't get that big and millions more fail.

The fact that a very small percentage of people do move between wealth classes and possibly social classes doesn't actually negate the original statement.

Re:Learning The Elite Class by johnny53169 on Saturday July 16, 2022 @06:25AM (#32116694)
> Even so, a bricklayer who was the son of an Austrian village policeman and had a bloodline tainted by a bastard great-grandfather -- was able to marry into the Kennedy family. Why? Because Arnold Schwarzenegger became a successful multi-millionaire.

For context, Schwarzenegger met Maria Shriver after he had gotten the Golden Globe Award for New Star of the Year – Actor for Stay Hungry(1976) while in an open relationship with another woman and married around a decade later after his big breakout in Conan and Terminator.

He was by then already a successful bodybuilder, she didn't really marry a bricklayer, and anyway it's not like you can't find similar example in European nobility.

Re:Learning The Elite Class by pavlov on Saturday July 16, 2022 @07:08AM (#32116931)
European aristocracy doesn’t have a lot of taboos left around marrying from the lower classes.

Maybe the most prominent example is Victoria, the Crown Princess of Sweden. She married her personal trainer, a gym entrepreneur and son of an ordinary civil servant, who received the titles of Prince and Duke.

Re:Learning The Elite Class by bombcar on Saturday July 16, 2022 @11:59AM (#32119323)
Europeans have been famous for marrying "rich but common" Americans for so long it's a running joke in Wodehouse books.
Re:Learning The Elite Class by bleuchase on Saturday July 16, 2022 @02:50PM (#32120788)
Hell, Harry did it too.
Re:Learning The Elite Class by angrais on Saturday July 16, 2022 @06:33AM (#32116737)
I agree and you've summarised what I wanted to say.

One addition: social mobility is possible in almost any class based society. So using one such example does not prove that class in USA==wealth.

Re:Learning The Elite Class by synu on Saturday July 16, 2022 @05:35AM (#32116470)
I am not even sure this is really a Europe-wide thing. I migrated to the Netherlands from the US (West Coast) and class here is way closer to how it is in the US than in England for example. I understand (but can’t confirm) that France is quite egalitarian in comparison as well since the revolution.
Re:Learning The Elite Class by vladvasiliu on Saturday July 16, 2022 @11:59AM (#32119320)
> I understand (but can’t confirm) that France is quite egalitarian in comparison as well since the revolution.

In theory it is supposed to be egalitarian, and everyone will pay lip service to it. In practice, not so much.

As the sibling said about the Netherlands, there very much is a sort of class system built around education. When you meet someone, usually, the first question is "what do you do for a living" and the second is "where did you go to school".

People will also pay attention to the way you talk. If you have a "hood" accent, you'll be considered "less than" someone "without" accent. If you don't speak fluent French, it's also "better" to speak with an English/American accent than, say, eastern European.

Re:Learning The Elite Class by Aeolun on Saturday July 16, 2022 @08:56AM (#32117571)
Class (and income) in the Netherlands are very heavily education based (unless you have inherited money, but even then).
Re:Learning The Elite Class by j7ake on Saturday July 16, 2022 @02:33PM (#32120635)
Curious , what are the schools in Netherlands that are considered exclusive? I always thought Netherlands university was not selective.
Re:Learning The Elite Class by Aeolun on Sunday July 17, 2022 @12:14PM (#32128086)
The universities themselves are not selective, any university would be ‘university’ (highest) level.

The middle level are now called Universities of Applied Sciences, which give out a bachelors, but as far as I know never a masters diploma.

The lowest level are vocational colleges, which don’t give you any internationally recognized credential at all (but do train you to do a variety of occupations).

You basically get sorted into one of these levels once you leave elementary school based on educational skill and aptitude (by your final year teacher), and while changing is possible, it costs you years (which still seem very precious at the time).

If you meet any Dutch person outside the Netherlands they almost per definition are middle level or higher, because anyone without a bachelors diploma often doesn’t get to immigrate (depending on country).

Re:Learning The Elite Class by j7ake on Monday July 18, 2022 @05:03AM (#32136091)
Thanks for the insight, although this does not sound nearly as elitist as the French, UK, Chinese, and American university systems.

Netherlands seems fairly egalitarian by contrast to these other systems.

Re:Learning The Elite Class by labcomputer on Saturday July 16, 2022 @12:09PM (#32119403)
> Americans aren't pretending because unlike England, the country itself was created without a monarchy handing out titles of nobility

Except in California, where you can inherit property tax valuation from your parents and grandparents. Or transfer your below-market valuation to another property. Oh, and your valuation is required to decrease over time in real-dollar terms.

Re:Learning The Elite Class by daniel-cussen on Saturday July 16, 2022 @05:27AM (#32116430)
Paul Hill also married a Kennedy. I saw a movie about him, In the Name of the Father. To summarize its about a man who just because he was Irish got accused of terrorism and the police frame him, largely because they wanted to look like they caught the culprit of a bombing to save face. A halfway-martyr, lost decades of his life to imprisonment.

It had artistic merit. So with the Kennedy's remember they're Irish, so the Irish nobility was disintegrated by the English, all Irish are Irish nobility. And it has the most welcoming laws of returning, because it is actually far below it's peak population in the 19th century, when people were starving and escaping, the lowest point of poverty.

Like if you want a title do an online class, fuck. And it didn't work the same way, it was Celtic not Germanic nor Roman, much less conquest, Bronze Age traditions to this day.

So what you get instead is the origin of nobility, which are heroines and heroes. The Irish who made it in America attained worth, the whole premise of America is its the place to which people leave to come back--if they even feel like coming back--with reknown.

Nobody gives a shit whom Beowulf's father was either. I'm not sure it's addressed in the tale, it doesn't matter. What matters is Beowulf, the hero. And in fact the monsters he fought were descended from Cain, that's like nobility, Beowulf ripped the monster's fucking arm off with his own masculine strength, declining to use a sword because he considered himself his equal.

.

I think the additional question is one of History. You go to a new place, what happens to your History? It's very tied to place, time originally comes from the idea of wanting to understand the heavenly spheres, that was time. "When" comes from "where".

Re:Learning The Elite Class by mrow84 on Saturday July 16, 2022 @08:05AM (#32117242)
All that bloodline stuff is real, but it’s a pretty small fraction of the population. Most people’s experience of class difference in the UK is economic, not hereditary (I think).
Re:Learning The Elite Class by WalterBright on Saturday July 16, 2022 @03:23PM (#32121092)
> Maybe a loose USA version of hereditary class might be families like Kennedys

This is ironic as Joe Kennedy (the patriarch) struggled hard against being an outsider for being Catholic.

As far as I can tell, discrimination against Catholics has simply disappeared in the US.

Re:Learning The Elite Class by aklemm on Saturday July 16, 2022 @10:59PM (#32124080)
It might come back due to obviously-bad Catholic ideas.