I wanted to expand on our Socratic Circle discussion on The Diamond as Big as the Ritz and wealth.
Standards of wealth are still very similar from the 1920's to 2016. People still enjoy expensive fashion, pricey entertainment, and overall just spending too much. The value of
The introduction of wealth and it's value in The Diamond as Big as the Ritz started with the name of the city John lives in, Hades. Associating Hell with poorness established the importance of being wealthy. Comparing Hades with Heaven or the diamond mountain, also shows the prominence of wealth.
Fitzgerald says in his novella, "St. Midas' School is half an hour from Boston in a Rolls-Pierce motorcar. The actual distance will never be known, for no one, except John T. Unger, had ever arrived there save in a Rolls-Pierce and probably no one ever will again. St. Midas's is the most expensive and most exclusive boys' preparatory school in the world."
In The Diamond as Big as the Ritz, wealth was present through all location names. The name of St. Midas suggests how toxic wealth is, and how it is a rare gift, one which is gifted to few. Where you attend school is an indicator of wealth as is the cars you drive.
In the 1920's there was a huge wealth surge, but this wealth was disproportionately distributed. "The nations's total realized income rose from $74.3 billion in 1923 to $89 billion in 1929 (reference.com)." The wealthy were extremely wealthy, and the poor were excessively so, the middle class had dissolved to almost nothingness.
Fitzgerald wrote In The Diamond as Big as the Ritz, "He must be very rich," said John simply. "I'm glad. I like very rich people. The richer a fella is, the better I like him." Appearance was valued over all, and the monetary value a person had determined their worth as a person. Even in Troy High, every sport, club and event you want to do is a pricey one. It's hard to afford much of what is to offered, even if your family is still considered middle class. Social circles are largely surrounded around materialism and wealth, what someone has to offer you. We see this theme again when John goes to visit rich families in the summer instead of going home to Hades. Personally, I am unable to attend the school I've wanted to go to since I was a child due to price. I can't afford the tuition, or the location, and based on my projections, I wouldn't even be able to sleep because I'd be working too much to have as minimal debt as possible. Wealth determines ability.
More recently, wealth distribution still wasn't equal, but ideas about it were changing. President Obama said "I actually believe in redistribution [of wealth] (Context)." This quote sparked quite a dilemma, one that lead a president with more conservative views to be elected next. Wealth will always be unbalanced, but perhaps not again to an extent of the near eradication of the middle class.





























