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This proletarianization of the lower salaried bourgeoisie is accompanied by an excess in the opposite direction: the irrationally high pay of top managers and bankers, a level of remuneration that is economically irrational since, as investigations in the US have demonstrated, it tends to be inversely proportional to the company’s success.
Now it’s of peculiar interest to an Arab country that there is a company and a certain set of bankers who also finance the World Federation of Mental Health. …and we see that although the KGB and so forth seems to be associated with the World Federation of Mental Health, their other organization in action seems to go back to Jewish Bankers.
Having wallowed in a delightful orgy of anti-French sentiment, having deplored and applauded the villains themselves, having relished the foibles of bankers, railwaymen, diplomats, and police, the public was now ready to see its faith restored in the basic soundness of banks, railroads, government, and police.
They [investment bankers] don’t even want the stuff that they’ve got, you know the fancy cars and houses. Their consumption is basically just a keeping up with the Joneses or let’s buy the markers of success because this is what I’m supposed to have and this is what I’m supposed to do. And they are working so hard that they don’t even have the time to think about what they might actually desire.