“The middle class is getting the squeeze, and only one in a thousand will go up. The Big Holders are the house, and the small farmers are the players. The player goes broke if he keeps on playing, and the farmer has to play or lose to the Government by default.”

—  William S. Burroughs , book Junkie

Junkie (1953)
Context: A lot of people made quick easy money during the War and for several years after. Any business was good, just as any stock is good on a rising market. People thought they were sharp operators, when actually they were just riding a lucky streak. Now the Valley is in a losing streak and only the big operators can ride it out. In the Valley economic laws work out like a formula in high school algebra, since there is no human element to interfere. The very rich are getting richer and all the others are going broke. The big holders are not shrewd or ruthless or enterprising. They don't have to say or think anything. All they have to do is sit and the money comes pouring in. You have to get up with the Big Holders or drop out and take any job they hand you. The middle class is getting the squeeze, and only one in a thousand will go up. The Big Holders are the house, and the small farmers are the players. The player goes broke if he keeps on playing, and the farmer has to play or lose to the Government by default.

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William S. Burroughs 110
American novelist, short story writer, essayist, painter, a… 1914–1997

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