Let the rabbit of free enterprise out of its velveteen bag and too many people would have to be fired, too much idiocy exposed to the light of judgment or ridicule, too much vanity sacrificed to the fires of efficiency. Such a catastrophe obviously would threaten the American way of life, to say nothing of the belief in free markets.

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Once having proclaimed our loyalty to the abstract idea that all men are created equal, we do everything in our power to prove ourselves unequal. Among the world's peoples, none other belongs to so many clubs, associations, committees and secret societies.

The playing field is more sacred than the stock exchange, more blessed than Capital Hill or the vaults of Fort Knox. The diamond and the gridiron - and, to a lesser degree, the court, the rink, the track, and the ring - embody the American dream of Eden.

As a child growing up in the precincts of wealth, and later as a college student, newspaper reporter and resident of New York's Upper East Side, I got used to listening to the talk of financial killings and sexual misalliance that animates the conversation of the rich and the familiars of the rich.