Saturday, May 27, 2017

Wealth is the adult version of magic

Wealth, I realized, is the adult version of magic: an incredibly powerful but ultimately arbitrary resource that transfers primarily through inheritance. It has some logic to it— but also enough randomness that those without can hope for a spontaneous windfall in the form of an improbably lucrative investment or a secret inheritance. (Harry Potter and Rachel Chu were both thrust into lands of glittering palaces and gem-studded talismans after discovering secret inheritances.) Particularly in the rapidly growing economies of post-WWII Asia and post-communist China, the acquisition [of] wealth has, at times, taken on a sort of magical quality — with all the confusion and trauma that can imply.
--Maureen O'Connor, New York, on the popularity of Crazy Rich Asians and other books/shows about rich people