Donald Trump Jr., Sub-Master of the Universe - Matt Bai
Matt Bai
National Political Columnist
Yahoo NewsJuly 13, 2017
The most emblematic novel of the 1980s, Tom Wolfes The Bonfire of the Vanities, was published 30 years ago this October. Its often been called a satire, but if you grew up in or around New York during that time, as I did, the fractured metropolis of Wolfes imagining wasnt far-fetched. It was basically the 5 oclock news with the names changed.
If you didnt read the novel or see the disappointing film with Tom Hanks (and, I admit, its been quite a while since I read it, too), heres the basic recap. Sherman McCoy is a Wall Street bond trader, a Master of the Universe as it existed in the Reagan years, who, along with his mistress, gets lost in the Bronx one night and ends up running over an African-American kid before speeding away.
What follows is a classic conflagration involving hardened city cops, breathless tabloid reporters and cynical civil rights leaders, among others. The Master of the Universe escapes jail but is ultimately laid low and stripped of his net worth, while the cold engine of capitalism revs on.
In its essence, Bonfire owed much to the greatest of New York novels, The Great Gatsby; like F. Scott Fitzgerald writing in the 1920s, Wolfe depicted careless people living in a cocoon of social presumption, inured to consequence and indifferent to the catastrophes left in their wake. Both novelists employed the traffic accident as a useful metaphor for recklessness, and both explored the connection, in their own times, between fraudulence and wealth. And in Wolfes time, no one embodied that connection better or more brazenly than Donald Trump.
During the years in which Wolfe was serializing Bonfire in Rolling Stone, culminating in its publication in 1987, Trump was building a casino empire in Atlantic City, financed largely by junk bonds and mountainous debt. He bought a USFL football team and pasted his name on a fleet of commercial jets.
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