sysgen [none/use name,they/them]

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Joined 4 years ago
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Cake day: July 25th, 2020

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  • 95-97% of the people in a typical high finance office are working class or PMC people. The reason why finance is so lucrative is because it concentrated wealth so effectively. I know this because I was an IT guy in a very very high finance firm a long time ago - the vast majority of people are paper pushing schmucks and excel/PowerPoint contortionists and, like, 3-4 guys are partners or whatever and take the dough. And most of the times they’re going to be at home or on a trip sipping martinis, possibly with clients. Another 4-12 people are going to be sharing a bit of the profits in exchange for overworking the rabble. It’s a bit different nowadays since the quantitative finance people took over a lot of it and they only employ people that could work in tech but yeah traditional finance is mostly a PMC trap. The bourgeoisie is too smart to spend their life in a cubicle. At most there would maybe be the replaceable CEO.