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Home > Blog > Living the High Life
Out of Our Minds
Sunday, May 15, 2005 12:33 PM
Living the High Life
Anita Sharpe on Culture

In a time when lots of people lease luxury cars and travel to Europe, how do you flash your high status? You work really hard and talk about it.

'It once seemed that people worked hard and got rich in order to relax,' notes a story in today's New York Times. 'but a new class marker in upper-income families is having at least one parent who works extremely long hours (and often boasts about it). In 1973, one study found the highest-paid tenth of the country worked fewer hours than the bottom tenth. Today, those at the top work more.

'In downtown Manhattan, black cars line up outside Goldman Sach's headquarters every weeknight around 9. Employees who work that late get a free ride home, and there are plenty of them. Until 1976, a limousine waited at 4:30 p.m. to ferry partners to Grand Central Terminal. But a new management team eliminated the late-afternoon limo to send a message: 4:30 is the middle of the workday, not the end.'



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