If I replaced the word “gang” here, with the word “ingroup” or “club” or “class”, does that seem just as good?
In these sentences in particular...
Venture capitalists, for example, will tend to fund people who feel like members of the right gang, use the right signifiers in the right ways, went to the right schools, etc.
and
It basically involves sending or learning how to send a costly signal of membership in a prestigious gang, including some mixture of job history, acculturation, and integrating socially into a network.
...I’m tempted to replace the word “gang” with the word “ingroup”.
My guess is that you would say, “An ingroup that coordinates to exclude / freeze out non-ingroup-members from a market is a gang. Let’s not mince words.”
Maybe more specifically an ingroup that takes over a potentially real, profitable social niche, squeezes out everyone else, and uses the niche’s leverage to maximize rent extraction, is a gang.
If I replaced the word “gang” here, with the word “ingroup” or “club” or “class”, does that seem just as good?
In these sentences in particular...
and
...I’m tempted to replace the word “gang” with the word “ingroup”.
My guess is that you would say, “An ingroup that coordinates to exclude / freeze out non-ingroup-members from a market is a gang. Let’s not mince words.”
Maybe more specifically an ingroup that takes over a potentially real, profitable social niche, squeezes out everyone else, and uses the niche’s leverage to maximize rent extraction, is a gang.