History

"Demonizing ‘Wall Street,’ Villainizing Michael Milken"

Another simply terrific piece by Kevin D. Williamson

But when it comes to Wall Street, like so many things in our politics, the fight isn’t really about the thing the fight pretends to be about. “Wall Street” is not a place in Manhattan or the businesses that are (and traditionally were) headquartered in the neighborhood. It is a vapor of anxiety and resentment, a shorthand for the incomprehensible complexity of modern business life that has its uses in the imbecilic politics of our time and in the vast apparatus of self-moronization that enables that politics.

(I vote for "self-moronization" for coinage of the last two years.)