The Rise of the Young Urban Professionals.

At the end of the 1970s Jerry Rubin, onetime radical antiwar activist, began working on Wall Street, a surprising event that the media saw as symbolic of a change taking place in the baby-boom generation: the radicals of the 1960s counterculture were growing proestablishment. Meanwhile, with less publicity than Rubin, other members of the huge baby-boom generation were also revising their antiestablishment views. Faced with the energy crisis and the runaway inflation of the 1970s, many former student activists were deciding financial power and economic security were goals not to decry but to emulate. Distrust and disdain of corporate America dissipated. Careers in business, once loudly derided, grew increasingly respectable. As the recession of the early 1980s gave way to economic boom times, success American style began to occupy the pedestal baby boomers had once reserved...