There was a time when the international debutante parties were over, and -if I am not mistaken- it was when the old ruling class silently but resentfully passed its cachet and whatever real power it still possessed over to the Kennedys and, within a decade, also to the other ethnics who now ran, well, almost everything.

Well, the men (yes, there it was still men) who gathered at Davos were always a little more important than the fathers of those young debs at their coming out parties.  But, already, last year, there was a sense of d