why did the wasps lose their will to rule?

WSJ |  The U.S. once had an unofficial but nonetheless genuine ruling class, drawn from what came to be known as the WASP establishment. Members of this establishment dominated politics, economics and education, but they do so no longer. The WASPocracy, as I think of it, lost its confidence and, with it, the power and interest to lead. We are now without a ruling class, unless one includes the entity that has come to be known as the meritocracy—presumably an aristocracy of sheer intelligence, men and women trained in the nation's most prestigious schools.

The acronym WASP derives, of course, from White Anglo-Saxon Protestant, but as acronyms go, this one is more deficient than most. Lots of people, including powerful figures and some presidents, have been white, Anglo-Saxon and Protestant but were far from being WASPs. Neither Jimmy Carter nor Bill Clinton qualified.

WASPs were a caste, closed off to all not born within it, with the possible exception of those who crashed the barriers by marrying in. WASP credentials came with lineage, and lineage—that is, proper birth—automatically brought connections to the right institutions. Yale, Princeton and Harvard were the great WASP universities, backed up by Choate, Groton, Andover, Exeter and other prep schools. WASPs tended to live in exclusive neighborhoods: on upper Park and Fifth Avenues in New York, on the Main Line in Philadelphia, the Back Bay in Boston, Lake Forest and Winnetka in Chicago.

WASP life, though, was chiefly found on the eastern seaboard. WASPs had their own social clubs and did business with a small number of select investment and legal firms, such as Brown Brothers Harriman and Sullivan & Cromwell. Many lived on inherited money, soundly invested.

The State Department was once dominated by WASPs, and so, too, was the Supreme Court, with one seat traditionally left unoccupied for a Jewish jurist of proper mien. The House of Representatives was never preponderantly WASP, though a number of prominent senators— Henry Cabot Lodge and Leverett A. Saltonstall, both of Massachusetts, come to mind—have been WASPs. Looking down on the crudities of quotidian American politics, Henry Adams, a WASP to the highest power, called the dealings of Congress, the horse-trading and corruption and the rest of it, "the dance of democracy." In one of his short stories, Henry James has characters modeled on Adams and his wife Clover, planning a social evening, say, "Let us be vulgar and have some fun—let us invite the President."

So dominant was WASP culture that some wealthy families who didn't qualify by lineage attempted to imitate and live the WASP life. The Catholic Kennedys were the most notable example. The Kennedy compound at Hyannis Port—the sailing, the clothes, the touch football played on expansive green lawns—was pure WASP mimicry, all of it, except that true WASPs were too upstanding to go in for the unscrupulous business dealings of Joseph P. Kennedy Sr. or the feckless philanderings of him and some of his sons.

That the Kennedys did their best to imitate WASP life is perhaps not surprising, for in their exclusion, the Irish may have felt the sting of envy for WASPocracy more than any others. The main literary chroniclers of WASP culture— F. Scott Fitzgerald, say, or John O'Hara—were Irish. (Both Fitzgerald and O'Hara tried to live their lives on the WASP model.) But the pangs weren't limited to the Irish alone. To this day, the designer Ralph Lauren (né Lifshitz) turns out clothes inspired by his notion of the WASP high life, lived on the gracious margins of expensive leisure. Fist tap Vic.