Tuesday, February 15, 2005

Something Missing

There is something missing in this article about Private clubs, like the Banker's Club, trying to attract younger members. The thing missing when it refers to the "young crowd" is that they mean the "young rich crowd." It costs $200 to join the club and $52 per month for one of the clubs. That is hardly a wide market. It is good that these groups are seeking out diversity, based on race, but they are still based on exclusivity. It they fear they are losing money because of a dying upper class, then I have no sympathy for their plight.

I say this as a person who grew up going to a place called the "Town Club" in my small city back in New York. It was a nice place to eat, but it really was snooty for snooty's sake.

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