There is a strong white male presence on Wall Street that reflects the culture of financial markets. These have been historically dominated by the American elite who consist of mostly wealthy white men, indoctrinated with fundamental notions about economics. The flow of commerce in such a homogenous environment precludes any turbulence or clashing that would otherwise promote success. Ethnic diversity in many instances would serve to improve atmosphere and public image. Although most urban areas have grown to be a rich blend of minority groups and traditionally underrepresented peoples, the financial sector remains obtusely unchanged in this respect. The market community seems to perceive white males as the shepherds of the American economy and the most qualified to perpetuate the American dreams. Yet, perhaps more insidious reasons also exist for the appearance of Wall Street — namely racism and prejudice. …show more content…
The age of white male supremacy in America is arguably long past. Like numerous other instances, diversity has become the accepted norm and a rallying force for the excluded groups. The United States is fundamentally constituted by a strong immigrant population and their respective cultures. Through the incorporation of different groups, any environment benefits from renewed perspective. Wall Street is no exception to this trend. Unfortunately, there remains a particular disparity in this industry. Indeed, the smallest demographic controls a large portion of the sector without incentive for change. A jarring study, however, appears to indicate the flaw in this