Francis Bacon, Study for Bullfight No 2 (1969) I think that man now realizes that he is an accident, that he is a completely futile being, that he has to play the game without reason. [...] You see, all art has now become completely a game by which man distracts himself (Bacon-Sylvester, Interviews, pp. 28,29). |
I have signaled the descent of our western system, based on economic liberalism and democracy projected to global proportions, since before its 2008 Crisis. After three years, during which governments have saved the capitalists by imposing austerity on the populace, we are semi-officially in a 'Small Depression' according to Paul Krugman. The ordering belief must be that in a world distracted from facts, the capitalists are the only ones to be trusted to {harness, muster, unleash, ...} {creativity, innovation, renewal, growth...}; indeed, capitalists are always selected according to their being best able to align self-interest with action, the best indicator of a well-running capitalist engine, that is. Stimulating the economy by placing money in the hands of the populace, yours and mine, mostly increases the trade deficit--I have written this too. Problem is that capitalists are known to buy imports too, unless they park the money in some unproductive niche.
So, what's a government to do anymore? A cynical may say that those populating governments are merely interested in preserving class privileges while subsidizing a nice show. While that is true, can you think of a way out?
For example, the French and Italians citizens thought that by electing economically-liberal demagogues, growth would be assured. I am skeptical Berlusconi or Sarkozy fulfilled any of their electoral promises. I am equally skeptical of Cameron's prospects in the UK.
Could it be that we need to take a half-step back from globalization? Taxing the incentive out of the financial speculation can certainly help. This addresses in part the flexibility of capital, and the question becomes, how flexible ought capital to be? For example, Simon Johnson, MIT professor and former Chief Economist of IMF, is not the only to suggest a tax on “excess leverage;" Tobin taxes are also quick to come to mind. Then, shouldn't we reconsider the French idea for a reduced work load for all, thus being able to employ more? Yes, we must also get adjusted to the idea that floating is better than sinking, while not as fun as swimming. In the end, I don't care much about the extent to which these ideas are in agreement with one's standard of free-market capitalism, for I remind you, what we've had so far hasn't been free-market capitalism either. Don't you also find it problematic that each time one tries to argue for active management of the situation, the capitalist (ventriloquist) counters that due to the complexity of the system, the self-adjustment capability of the markets, free of regulation and taxes, is better than any one's fallible mind?
In any case, the above ideas are neither of the left, nor of the right. They are about the art of living and reflecting upon it not long thereafter.
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It's most regrettable what happened in Oslo. I have a feeling that just blaming Anders Behring Breivik is not going to deter forever another symptom of our common disease. Breivik seems to have been against multiculturalism, whatever that meant in his case beyond being anti-Muslim immigration as a new form of Marxist internationalism--I know, it's a mouthful and I could use some European help to unpack it.Shock and/or incomprehension, ensuing the massive destruction inflicted by World War I on so many, was not enough to prevent fascism or Nazism from coalescing as reaction to the dissolution of the world order, perceived then by the former as the result of the centrifugal forces of communism and/or international finance.
As wise people have always said, and the demagogues exploited to i/a-mmoral ends, humans need to believe in something greater than, say, self-interest. That something had better be based on moral law. Replacing sacred religion with the secular religion of self-interest, briefly introduced as part of a moral code based on natural law by Adam Smith, has not worked too well. As for how religion is observed in the US, let me just say, per out tax code and all that, it's big business for a minority and of whatever comfort for most--read this last statement in terms of effectiveness.
Through my Window(s), I see Tauoromachia.
What do these youth know and the world hasn't figured out yet?
Do the police know whom they are con/fronting, as in interfacing?
Is democracy the legitimate monopoly of power? What makes it no longer so?
When humanism is lost, do we regress to homo homini lupus? How do we come back?
What do these youth know and the world hasn't figured out yet?
Do the police know whom they are con/fronting, as in interfacing?
Is democracy the legitimate monopoly of power? What makes it no longer so?
When humanism is lost, do we regress to homo homini lupus? How do we come back?