FinanceAt the time of writing this, summer time holiday has just begun a couple of days ago in the sunny state of Florida. For most higher school students, this implies staying out late, house parties, and hanging out with buddies with no getting to be concerned about waking up at 6am the next morning.

The covert anthropologist going into the halls of Goldman Sachs finds themselves in an intriguing scenario. The essential feature of banking environments is not necessarily that every person there is born an ‘elite’ of society-actually there is a fantastic diversity of individuals from various backgrounds involved in finance-but rather that the roles available are structurally elite positions that hover above the rest of the economy. It does not truly matter who in certain fills those positions, but whoever ends up there finds themselves in the footwear of an elite, channelling elite power. They become de facto …