Still Second Place

A problem that concerns approximately zero percent of the American population: some Manhattan Ivy League social clubs can't attract new members and are shutting down: [bold added]

New York’s storied Ivy League club circuit dates back to the 19th century. For years, these membership organizations were considered among the most prestigious in the country.

These days, say alumni and former members, the clubs have fallen out of fashion. The venues are victims of dated decor, mediocre food and in some cases lingering dress codes—for most of their histories, these clubs have required men to wear coats and ties—out of step with young alums.

It appears that the Yale Club will do almost anything to stay in business:

The Yale Club changed its admission process to accept members without an affiliation to the university. Most anyone can now apply to the club if she or he has the endorsement of at least two members, according to a club document.

...Still, the clubs have loosened their rules to some degree over the past several years. For decades, dress codes have been a fault line between older and younger alumni. In 1999, the Yale Club became the first of Manhattan’s Ivy clubs to allow casual dress on Friday in an attempt to attract younger members and creatives.

The Yale Club today allows jeans throughout the clubhouse, and the Harvard Club now permits “casual attire”—except in two of its main halls after 5 p.m.

The Harvard Club:  inviting guests is a good way
to let them know you went there.

Harvard has the oldest (1865) and wealthiest social club, and its membership is one of the few that appears to be growing. Yale's social club, as the New Haven university does in other areas of endeavor, is trying to keep up with Harvard's.

Your humble blogger thinks that Yale's strategy of letting anyone in is misguided. If the price of membership growth is the loss of exclusivity, the price is too high.

"I refuse to join any club that would have me as a member."--Groucho Marx