is
for the Mafia. The economic exploitation of homosexuals has
involved a painfully protracted courtship, a romance complicated by the
fact that, in the early part of the century, another set of venture capitalists
had already cornered the market -- the Mafia, which, for its part, felt
no qualms whatsoever, about taking advantage of the business world's uneasiness
with this potentially profitable group of untouchable outcasts. The
shrewd bosses of organized crime were the first investors to recognize
the economic viability of the gay market as a distinct social entity with
its own special needs, an undomesticated cash cow that they milked dry
by establishing an unregulated monopoly on gay bars and bathhouses, a stranglehold
they relaxed only in the 1970s. Mobsters were the first pioneers
in the century-long campaign to win "gay dollars," beating out
by several decades the Calvin Kleins and the Kenneth Coles. The assimilation
of the gay market into the overall economy began at the lowest level of
the financial food chain, with its parasites and its bottom feeders, the
opportunists who had no reputations to protect and, because they were accustomed
to serving clients even more disreputable than homosexuals, weren't afraid
of ruining their good names.
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