Category: Economics

Thor of the boardroomThor of the boardroom

Tetman Callis 0 Comments 6:46 am

“Modern culture has produced a distinctive character-type, our equivalent of the Homeric warrior-hero, the Athenian gentleman-citizen, the Christian saint, the 18th-century honnete homme. The defining activity of this character-type is manipulation; its most common embodiments are the aesthete, the therapist and, above all, the manager. All three express their culture’s understanding of social relations as primarily instrumental: by the consumption of other people as interesting sensations, or by the deployment of morally neutral expertise to achieve organizational goals. In a developed society that has renounced the ideal of virtue, of universal, rationally justifiable norms, this is the form taken by the war of all against all, and these characters are its warrior-heroes.” – George Scialabba, “After Virtue”

What it’s aboutWhat it’s about

Tetman Callis 0 Comments 7:32 am

“In theory, the outcome of elections in the United States reflects, with only minor distortions, the political preferences of the electorate. That’s what representative democracy is supposed to mean. Only it doesn’t work out that way. More precisely: the range of choices over which the American electorate is allowed to exercise its preference is sharply and systematically constrained. Electoral politics is dominated by two major parties, whose programs, to the extent they differ, correspond to the needs and goals of opposing sectors of the business community. The goals and ground rules that all sectors of business agree on constitute the framework of public policy, rarely or never challenged in the electoral arena. Policy proposals that fall outside this framework — i.e., good new ideas from the left — remain invisible and inaudible. This is not a conspiracy theory. Business leaders do not meet in secret to decide how best to delude the public mind and thwart the public will. They don’t need to. In a capitalist democracy, business control over the state is assured structurally. There are two reasons for this. First, since most people are economically vulnerable — they depend on employment rather than on ownership or some other entitlement to survive — the best predictor of their voting behavior is likely to be the state of the economy at election time. Overall, the state of the economy is determined by the level of investment. Since investment decisions in a capitalist economy are made privately, governments must nurture that most delicate of blossoms, ‘investor confidence.’ The second reason for business dominance is that political participation in a mass society costs a lot of money. Voting may be free, but setting the agenda is enormously expensive. To work out and put forth a detailed political program at the national level requires information, organization, and publicity, and all these require cash. Since the only people with spare money are capitalists, they have an effective monopoly on political speech.” – George Scialabba, “Right Turn”

What you can get away withWhat you can get away with

Tetman Callis 0 Comments 7:16 am

“There is a difference between a damage caused by continued vibrations of trains which are performing a necessary public service, and a damage caused by a single blast set off on the private property of another. It is such differences which make law not mainly the product of logic, but of experience, social necessity and distribution of the cost of consequences. Our common existence may require the law to hold that damage to property caused by unavoidable vibrations of passing trains is damnum absque injuria whilst to permit one owner, by a blast on his own property to shake down the house of another, requires a rule which recognizes that however free from negligence the first may be the second innocent person should not suffer. The very essence of fairness seems to suggest that if one, in order to obtain a certain type of use or enjoyment of his own property, is compelled to blast, he must, as part of the cost of such use or enjoyment, pay the damages he causes to his innocent neighbor.” – Justice James H. Wolfe, Madsen v. East Jordan Irr. Co.

Freedom isn’t freeFreedom isn’t free

Tetman Callis 0 Comments 7:12 am

“Whatever else liberal democratic societies have had in common, there’s this: they’ve all been rich. The two pillars of liberal ideology—the right to undisturbed enjoyment of one’s property and the right to a fair share of society’s resources, at least enough for a decent subsistence—may be fundamentally inconsistent, but the contradiction has usually remained implicit. There’s generally been enough money around to keep everyone off the streets, except for a minority of desperate or adventurous souls, quickly crushed by the National Guard and the secret police. In a society that makes more promises than it can keep, prosperity is the root of all harmony. When prosperity fails and those promises are called in, choices have to be made.” – George Scialabba, “Liberalism Reconsidered”

Imagine all the peopleImagine all the people

Tetman Callis 0 Comments 6:46 am

“Culture and psychology are central to politics. But cultural politics must reckon with our psychic ecology: the sum of our adaptations, over the course of two million years, to infantile dependence, territoriality, scarcity, mortality, and the other hitherto inescapable limits of human existence. We are organisms; we cannot flourish at just any tempo, pressure, or scale. Imagination itself is an evolutionary adaptation, whereby we master a threatening environment when young by binding or investing fantasy within nearby entities – parents, neighborhood, church, ethnic group. These intense primary identifications can and should be gradually left behind, but they cannot be skipped, on pain of shallowness, instability, and – paradoxically – an inability in later life to stand firm against authority. Cultural politics should aim to reform rather than abolish marriage, the family, hierarchy, authority, morality, and law. These institutions and practices evolved to serve essential purposes. They are not purely, or even primarily, strategies of exploitation. To consider them prisons rather than temporary outposts is not radical but superficial, like considering religion and myth mere lies rather than inadequate attempts at explanation. Cultural radicals will sometimes, in fact, need to defend these institutions; i.e., insist that some way be found to achieve their formative or protective purposes. As the global economy and mass culture lay siege to inwardness, plow up our psychic root system, and alter the very grain and contour of our being, conservation increasingly becomes a radical imperative.” – George Scialabba, “Don’t Think, Smile”

You can’t get there from hereYou can’t get there from here

Tetman Callis 0 Comments 7:08 am

“Utopia, then, is in the future. Why is this worth emphasizing? Revolutionists and abolitionists, utopia’s false friends, insist that it can be constructed out of present materials through a heroic act of will. This is to underestimate recklessly the depth and subtlety of the necessary changes and the intricacy and inertia of every moral culture. Utopia is impossible unless, among an overwhelming majority, solidarity and trust are nearly instinctive; responsibility, self-reliance, initiative, honesty, and other civic virtues are practiced much more widely than now; and democratic habits of self-confidence, candor, and tact are far better developed. Channels of communication and public information are as yet rudimentary. And let’s not forget rhetorical skills like wit, fluency, and concision: without a vast improvement in the general level of these, attendance at all the necessary meetings on the way to utopia will result in an epidemic of premature brain death. With all these moral and psychological changes in place, we can make a start on the technical problem – no less complex, probably – of reconciling equity and efficiency in production and distribution. Obviously such drastic and intimate changes, on the requisite scale, without undemocratic coercion or divine intervention, cannot be accomplished in a generation, or probably even in a few generations. Carrying off a general strike may be a fine thing, but creating a new moral ecology is an infinitely more difficult and valuable thing.” – George Scialabba, “The End of Utopia”

Divided we standDivided we stand

Tetman Callis 0 Comments 6:43 am

“Is it necessary to choose between cosmopolitanism and agrarian populism? Let us hope not. The liberal virtues and the republican virtues are both indispensable. But that does not mean they are, at this moment, equally urgent or equally vulnerable. The apparently irresistible thrust of global capitalism threatens the latter virtues far more than the former, rootedness and psychological integrity far more than mobility and personal growth, perhaps even — to stretch a point — independence and self-reliance more than impartial benevolence. The ‘heroic ideal’ and the ‘tragic sense’: these phrases already sound archaic. But our civilization has not outgrown what they signify; it has merely forgotten. Cultural amnesia is not the same thing as progress.” – George Scialabba, “Cultivating Humanity”

The long way downThe long way down

Tetman Callis 0 Comments 7:04 am

“America has no real alternative to continuing imperial decline: the big questions are simply how fast and how peacefully. The problem is that the arms industries will fund any and every Presidential candidate and, whoever wins, those industries will demand to be fed. It is unclear, though, whether Americans at large are willing to accept the sacrifices this may entail. As the American debt grows, the choice will become stark: paying off the debt—or, mare realistically, never paying more than the interest on the debt—will require either large tax increases, or a deep recession, or a huge inflation. The American public will vote for inflation as the least painful solution: somewhere out there in the years to come there is a giant inflation of almost Weimar proportions waiting to happen. But the banks will hate that, as will virtually all the other business interests (including the arms manufacturers) who are full voting members of the American democracy.” – E. G. Johnson, Heroes and Villains

Making America Great AgainMaking America Great Again

Tetman Callis 0 Comments 7:04 am

“Safe, simple, effective, and relatively cheap ways to increase intelligence and longevity in the American population include mounting the equivalent of the antismoking educational campaign against the high levels of fat, sugar, and salt in our national diet; encouraging physical activity, for example by forcing ourselves, through gasoline taxes and urban rezoning, to walk more, if only to get to public transportation; implementing national health insurance, or at least universal free health care for children under five; and subsidizing public radio and television. Reducing economic insecurity and environmental degradation also offers virtually unlimited opportunities for enhancing our beleaguered selves.” – George Scialabba, “Our Posthuman Future”

 

There doesn’t seem to be a shadowThere doesn’t seem to be a shadow

Tetman Callis 0 Comments 6:42 am

“The summer would be celebrated by people of every nation in the city. People marauding after work, discontented. Thugs surfing on the sides of cars, flagging. Going into the garbage cans and throwing bottles in the street. Immigrants working, forever working, watching people go by who have days off, time off, while they don’t. Trying to stay cool. Families with five young children going to Dunkin Donuts for a night out together in the air conditioning. The littered floors, the strange lone males reading the newspaper. Cabdrivers and dysfunctional individuals sitting in the window of the all-night Tropical. Messed-up guys with Puerto Rican flag hats talking to waitresses, high-fiving them, saying when do you get off? Spanish girls with Indian blood, slave blood, mopping floors at three a.m. Caribbeans saying we were brought here as slaves from India. We got together with the blacks and threw the British out. Now we listen to dub step. Let me tell you where it’s hot like fire burning. Where the party’s at. Where you can get robbed, stuck, shook, bucked and maybe fucked down on one hundred and ninth going towards Far Rockaway. Where no one’s gonna feel bad for you if you have problems. The Wenzhounese will sit outside in folding chairs in their pajamas on Cromellin Street, talking on the steps, fanning themselves in the gleaming night. The women will be pregnant and still they will be taking out the garbage, collecting bags of recycling, saving little fistfuls of money, little investments that, like children, will turn into something later. But for now, we’ll all have to deal with the heat first—all of us no matter where we’re from.” – Atticus Lish, Preparation for the Next Life

Yer gonna help us out, see?Yer gonna help us out, see?

Tetman Callis 0 Comments 8:18 am

“CIA officers prevailed upon an Austrian woman, Martha Schneider, a onetime resident of River Edge, New Jersey, to help them with safe houses. Schneider signed leases on apartments in Vienna and Salzberg that the CIA used in its activities from early 1969 through 1973. The agency apparently left her with broken leases and unpaid rent, for which landlords held her responsible. Schneider rejected a CIA offer of three thousand dollars to settle her claims, gained support from New Jersey legislators, and in September 1976 finally collected fifteen thousand dollars in cash from an associate general counsel of the CIA.” – John Prados, “First Freeze of the Cold War”

 

But the rich have gotten richer, that’s a startBut the rich have gotten richer, that’s a start

Tetman Callis 0 Comments 6:36 am

“Despite some success, the industrialized world has done relatively little to alleviate poverty, not just in the Arab and Muslim world, but globally. Indifference is not the full reason. In absolute terms, significant sums are given over to poverty reduction by contributors to multilateral development banks and by bilateral donors. The ineffectuality of aid programs is an equally important explanation for the persistence of poverty. Recipient countries do not have the financial, legal, and social institutions that would allow them to transform financial assistance into lasting economic gains, and donors do not know how to create these institutions. The governments receiving the aid resist the necessary structural reforms because their hold on power is often too fragile to subject their publics to the supposedly short-term pain of reform. The potential recriminations are not worth the uncertain long-term benefits.” – Daniel Benjamin and Steven Simon, The Age of Sacred Terror

Decline and fallDecline and fall

Tetman Callis 0 Comments 6:38 am

“History, scholars say, is written in three stages: heroic, with the narratives of great individuals and their feats; revisionist, which turns those accounts on their head; and tragic, where we see how events conspired to bring about an end beyond the reckoning of most actors of the time.” – Daniel Benjamin and Steven Simon, The Age of Sacred Terror

Making art safeMaking art safe

Tetman Callis 0 Comments 6:37 am

“Contemporary society, and in particular contemporary criticism, has tamed the arts, gradually deprived them of their prophetic and subversive possibilities. There’s no place in modern life for the mystical or the unpredictable; the arts have been institutionalized and are now managed by a cultural bureaucracy of scholars, critics, patrons, businessmen, and publicists. . . . The techniques of modern management are various: the blockbuster phenomenon and the star system, with their accompanying publicity machines; the centralization of public patronage; the recruitment of artists into universities.” – George Scialabba, “The Arts Without Mystery”

It’s a free countryIt’s a free country

Tetman Callis 0 Comments 6:57 am

“A four-letter word beginning with ‘f’ has tragically corrupted the minds of countless innocent Americans. I mean ‘free,’ in the expressions ‘free market’ and ‘free enterprise.’ It is a glorious word, of course, but its association with these morally neutral abstractions generally serves to obscure their often harsh and irrational consequences.” – George Scialabba, “The Market System”

 

Day of locustsDay of locusts

Tetman Callis 0 Comments 6:47 am

“Humanity today is living in a large brothel! One has only to glance at its press, films, fashion shows, beauty contests, ballrooms, wine bars, and broadcasting stations! Or observe its mad lust for naked flesh, provocative pictures, and sick, suggestive statements in literature, the arts, and mass media! And add to all this the system of usury which fuels man’s voracity for money and engenders vile methods for its accumulation and investment, in addition to fraud, trickery, and blackmail dressed up in the garb of law.” – Sayyid Qutb (quoted by Daniel Benjamin and Steven Simon in The Age of Sacred Terror)

It’s not in the budgetIt’s not in the budget

Tetman Callis 0 Comments 7:02 am

“Generals are a happily blessed race who radiate confidence and power. They feed only on ambrosia and drink only nectar, except when they are drinking bourbon. In peace, they stride confidently and can invade a world simply by sweeping their hands grandly over a map, pointing their fingers decisively up terrain corridors and blocking defiles and obstacles with the side of their hands. In war, they must stride more slowly because each general has a logistician riding on his back and he knows that, at any moment, the logistician may lean forward and whisper, ‘No, you can’t do that!’ ” – Anonymous, “How Many Logisticians Do You Want?” (quoted by John M. Collins in U.S.-Soviet Military Balance, 1960-1980)

Tell it like it isTell it like it is

Tetman Callis 0 Comments 6:25 am

“A true war story is never moral. It does not instruct, nor encourage virtue, nor suggest models of proper human behavior, nor restrain men from doing the things men have always done. If a story seems moral, do not believe it. If at the end of a war story you feel uplifted, or if you feel that some small bit of rectitude has been salvaged from the larger waste, then you have been made the victim of a very old and terrible lie. There is no rectitude whatsoever. There is no virtue. As a first rule of thumb, therefore, you can tell a true war story by its absolute and uncompromising allegiance to obscenity and evil.” – Tim O’Brien, “How to Tell a True War Story”

Slipping awaySlipping away

Tetman Callis 0 Comments 5:54 am

“In his attempt to keep planning for the war as closely held as possible, Lyndon Johnson would not give accurate economic projections, would not ask for a necessary tax raise, and would in fact have his own military planners be less than candid with his own economic planners . . . . The reasons for Johnson’s unwillingness to be straightforward about the financing were familiar. He was hoping that the worst would not come true, that it would remain a short war, and he feared that if the true economic cost of the war became visible to the naked eye, he would lose his Great Society programs. The result was that his economic planning was a living lie . . . the Great Society programs were passed but never funded on any large scale.” – David Halberstam, The Best and the Brightest (emphasis in original)

Play ballsPlay balls

Tetman Callis 0 Comments 6:59 am

“Westy [General and former Eagle Scout William C. Westmoreland] at the Cercle Sportif, playing his last tennis game, at the end lining up the little Vietnamese urchins who had served as ball boys, street-tough from some of the meanest streets in the world, unlikely candidates for Eagle Scouts, learning the black-market rate before they learned arithmetic, knowing even before they reached their teens the full glory of East-West decadence. Westy lining them up as if in company formation, telling an American who had played with him to translate. ‘You have been my ball boys.’ Nods of their heads. ‘You have served well. You have been faithful.’ More nods of heads. ‘I would like to reward you.’ Nods. Expectant smiles. The tip. ‘Here is your reward. You may have all my tennis balls.’ Looks of immense disappointment.” – David Halberstam, The Best and the Brightest (emphasis in original)

Crusts for the little peopleCrusts for the little people

Tetman Callis 0 Comments 6:48 am

“If we get into this war I know what’s going to happen. Those damn conservatives are going to sit in Congress and they’re going to use this war as a way of opposing my Great Society legislation. . . . They hate this stuff, they don’t want to help the poor and the Negroes but they’re afraid to be against it at a time like this when there’s been all this prosperity. But the war, oh, they’ll like the war. They’ll take the war as their weapon. They’ll be against my programs because of the war. I know what they’ll say, they’ll say they’re not against it, not against the poor, but we have this job to do, beating the Communists. We beat the Communists first, then we can look around and maybe give something to the poor.” – President Lyndon B. Johnson, 1964 (quoted by David Halberstam in The Best and the Brightest)

You can’t buy thatYou can’t buy that

Tetman Callis 0 Comments 5:47 am

“When Jefferson opposed the spread of manufacturing, Jackson opposed a centralized financial system, Lincoln criticized wage labor, the Progressives criticized the trusts, and numerous states tried to halt the spread of chain stores, they did so not only for reasons of distributive justice, but even more from a desire to preserve the material conditions of self-rule and civic virtue. To many generations of American democrats, economic growth—our panacea—was morally suspect. Their political economy was meant to produce staunch, self-reliant citizens with deep local roots and commitments, not satisfied consumers or even highly-paid workers. This sets republicans apart from both conservatives and liberals. It was mass production, the factory system, and the concentration of capital and credit—in a word, big business—that vanquished the political economy of citizenship. Big government was a flawed effort to mitigate the worst effects of that triumph. Both forms of bigness confront the individual with impersonal, uncontrollable forces. Both generate large inequalities of wealth and power. Both subordinate the traditional virtues to newer skills of corporate gamesmanship and bureaucratic maneuvering. Both make it difficult, perhaps impossible, to realize the republican ideal. For better or worse, bigness is apparently here to stay. Can the republican ideal be adapted?” – George Scialabba, “Democracy’s Discontent”

The house always winsThe house always wins

Tetman Callis 0 Comments 5:40 am

“The romantic, reckless, very lucky Colonel John Charles Fremont stumbled down into northern Nevada from Oregon in 1843. Against all advice, he decided to cross the Sierras in winter. It was a mild winter, so he discovered Lake Tahoe and returned East in glory to write a best-selling account of the expedition. Three years later the Donner Party set out from virtually the same spot but encountered a less clement winter and famously perished. This, one might say, was how gambling began in Nevada.” – George Scialabba, “In Nevada”

Drones for what?Drones for what?

Tetman Callis 0 Comments 6:23 am

“I think foreign policy should definitely be taken out of men’s hands. Men should continue making machines, but women ought to decide which machines ought to be made. Women have far better sense. They would never have introduced the internal combustion engine or any of the evil machines. Most kitchen machines, for example, are good; they don’t obliterate other skills. Or other people.” – W. H. Auden (interviewed by Michael Newman in The Paris Review)