Category: Economics

Straightening the prioritiesStraightening the priorities

Tetman Callis 0 Comments 5:04 am

“The writer’s only responsibility is to his art. He will be completely ruthless if he is a good one. He has a dream. It anguishes him so much he must get rid of it. He has no peace until then. Everything goes by the board: honor, pride, decency, security, happiness, all, to get the book written. If a writer has to rob his mother, he will not hesitate; the ‘Ode on a Grecian Urn’ is worth any number of old ladies.” – William Faulkner (interview with Jean Stein in Paris Review)

Why do we even botherWhy do we even bother

Tetman Callis 0 Comments 5:38 am

“What is important is Hamlet and A Midsummer Night’s Dream, not who wrote them, but that somebody did. The artist is of no importance. Only what he creates is important, since there is nothing new to be said. Shakespeare, Balzac, Homer have all written about the same things, and if they had lived one thousand or two thousand years longer, the publishers wouldn’t have needed anyone since.” – William Faulkner (interview with Jean Stein in Paris Review)

If you believe in magicIf you believe in magic

Tetman Callis 0 Comments 4:19 am

“Most people in the industrial world believe in progress the way that peasants in the Middle Ages believed in the wonder-working bones of the local saint. It’s an unquestioned truism in contemporary culture that newer technologies are by definition better than older ones, that old beliefs are disproved by the mere passage of time, and that the future ahead of us will inevitably be like the present, but even more so. For all practical purposes, belief in progress is the established religion of the modern world, with its own mythology — think of all the stories you got in school about brilliant thinkers single-handedly overturning the superstitious nonsense of the past — and its own lab-coated priesthood. Most people these days literally can’t think outside the box of progress. That’s why the only alternative to the endless continuation of business as usual that has any kind of public presence these days is apocalypse — some sudden catastrophe gaudy enough to overwhelm the otherwise unstoppable force of progress. The faith in apocalypse is simply the flipside of the faith in progress — instead of a bigger, better, brighter future, we get a bigger, better, brighter cataclysm. Suggest that the future ahead of us might not be either of those hackneyed stereotypes, and you can count on hearing the echoing bang of minds slamming shut.” – John Michael Greer (interview with Jessa Crispin in Bookslut)

Running in every familyRunning in every family

Tetman Callis 0 Comments 4:25 am

“Humanity is a very old institution. Heredity and cross-breeding have given insuperable strength to bad habits, faulty reflexes. One person sneezes and gasps because he is passing a rosebush, another breaks out in a rash at the smell of wet paint; others get violent stomach-aches if they have to set out on a journey, and grandchildren of thieves who are themselves rich and generous cannot resist the temptation to rob you of fifty francs.”  – Marcel Proust, The Captive (trans. Moncrieff and Kilmartin)

I’ll wrassle ya fer itI’ll wrassle ya fer it

Tetman Callis 0 Comments 4:32 am

“Masculinity is, as a word, make-shift, and as a practical concept, uselessly broad, and wide open to opportunism and disingenuity. May infants make a claim to masculinity? Probably not, but everybody else can. Confidence and strength, both of mind and body, a willingness to pay a great price in defense of something nominally outside the realm of masculinity (e.g., a woman or child), a desire for hard-won power and glory, an appetite for raw life, a respect for law and order and genuine authority but a nearly unthinking willingness to destroy persons and institutions when necessary: men may have described and proscribed all that as essential to masculinity, but in practice all that it apparently means is that physicality—a larger frame, bigger muscles, and a hairy body—makes all the difference in the cultivation of psychological, emotional, mental states and conditions that favor, enhance, unleash, condone, sanction, and enjoy violence. Righteous, necessary violence, to be sure, but violence all the same. Masculinity—righteous, necessary violence—equals heroism, then? The bloody kind? The fierce kind? The blackly melancholy kind? The laconic kind? Certainly not the kind who ‘fought but stayed at home.’ It’s interesting to note that Orpheus, who went to Hell to rescue Eurydice, who harrowed, conquered, tamed Hell, may be considered a kind of apotheosis of the masculine, not for his bravery or skill, but because he was an idiot who could not do the one little last thing that would ensure victory over death and a life of happiness. Masculinity equals not merely heroism, but anti-heroism as well. It’s even possible that anti-heroism suits masculinity better than the strait-jacket of simple-minded and stiff-gestured heroism.” – Gary Amdahl, “Two Considerations of Masculinity”

Eat meEat me

Tetman Callis 0 Comments 4:18 am

“Theories and schools, like microbes and corpuscles, devour one another and by their strife ensure the continuity of life.” – Marcel Proust, Sodom and Gomorrah (trans. Moncrieff and Kilmartin)

Deflation of the demosDeflation of the demos

Tetman Callis 0 Comments 4:35 am

“It would seem that in an egalitarian society social etiquette would vanish, not, as is generally supposed, from want of breeding, but because on the one side would disappear the deference due to a prestige which must be imaginary to be effective, and on the other, more completely still, the affability that is gracefully and generously dispensed when it is felt to be of infinite price to the recipient, a price which, in a world based on equality, would at once fall to nothing like everything which has only a fiduciary value.” – Marcel Proust, The Guermantes Way (trans. Moncrieff and Kilmartin)

The price of everythingThe price of everything

Tetman Callis 0 Comments 5:25 am

“(a) We live in a society of commodities—that is, a society in which production of goods is taking place, not primarily to satisfy human wants and needs, but for profit. Human needs are satisfied only incidentally, as it were. This basic condition of production affects the form of the product as well as the human interrelationships. (b) In our commodity society there exists a general trend toward a heavy concentration of capital which makes for a shrinking of the free market in favor of monopolized mass production of standardized goods; this holds true particularly of the communications industry. (c) The more the difficulties of contemporary society increase as it seeks its own continuance, the stronger becomes the general tendency to maintain, by all means available, the existing conditions of power and property relations against the threats which they themselves breed. Whereas on the one hand standardization necessarily follows from the conditions of contemporary economy, it becomes, on the other hand, one of the means of preserving a commodity society at a stage in which, according to the level of the productive forces, it has already lost its justification. (d) Since in our society the forces of production are highly developed, and, at the same time, the relations of production fetter those productive forces, it is full of antagonisms. These antagonisms are not limited to the economic sphere where they are universally recognized, but dominate also the cultural sphere where they are less easily recognized.” –  Theodor W. Adorno, “A Social Critique of Radio Music”

Meet the old bossMeet the old boss

Tetman Callis 0 Comments 4:14 am

“You look at life: the insolence and idleness of the strong, the ignorance and brutishness of the weak, incredible poverty all about us, overcrowding, degeneration, drunkenness, hypocrisy, lying. . . . Yet all is calm and stillness in the houses and in the streets; of the fifty thousand living in a town, there is not one who would cry out, who would give vent to his indignation aloud. We see the people going to market for provisions, eating by day, sleeping by night, talking their silly nonsense, getting married, growing old, serenely escorting their dead to the cemetery; but we do not see and we do not hear those who suffer, and what is terrible in life goes on somewhere behind the scenes. . . . Everything is quiet and peaceful, and nothing protests but mute statistics: so many people gone out of their minds, so many gallons of vodka drunk, so many children dead from malnutrition. . . . And this order of things is evidently necessary; evidently the happy man only feels at ease because the unhappy bear their burdens in silence, and without that silence happiness would be impossible. It’s a case of general hypnotism. There ought to be behind the door of every happy, contented man some one standing with a hammer continually reminding him with a tap that there are unhappy people; that however happy he may be, life will show him her laws sooner or later, trouble will come for him — disease, poverty, losses, and no one will see or hear, just as now he neither sees nor hears others. But there is no man with a hammer; the happy man lives at his ease, and trivial daily cares faintly agitate him like the wind in the aspen-tree — and all goes well.” – Anton Chekhov, “The Gooseberries” (trans. Garnett; ellipses in original)

It’s all you needIt’s all you need

Tetman Callis 0 Comments 6:10 am

“No one is born hating another person because of the colour of his skin, or his background, or his religion. People must learn to hate, and if they can learn to hate, they can be taught to love, for love comes more naturally to the human heart than its opposite.” – Nelson Mandela, Long Walk to Freedom

The very ground upon which we stand shall shiftThe very ground upon which we stand shall shift

Tetman Callis 0 Comments 5:08 am

“Today’s economic mechanisms promote inordinate consumption, yet it is evident that unbridled consumerism combined with inequality proves doubly damaging to the social fabric. Inequality eventually engenders a violence which recourse to arms cannot and never will be able to resolve. This serves only to offer false hopes to those clamouring for heightened security, even though nowadays we know that weapons and violence, rather than providing solutions, create new and more serious conflicts. Some simply content themselves with blaming the poor and the poorer countries themselves for their troubles; indulging in unwarranted generalizations, they claim that the solution is an ‘education’ that would tranquilize them, making them tame and harmless. All this becomes even more exasperating for the marginalized in the light of the widespread and deeply rooted corruption found in many countries – in their governments, businesses and institutions – whatever the political ideology of their leaders.” – Pope Francis, Apostolic Exhortation of the Holy Father

How safe are the unjust?How safe are the unjust?

Tetman Callis 0 Comments 3:43 am

“Today in many places we hear a call for greater security. But until exclusion and inequality in society and between peoples is reversed, it will be impossible to eliminate violence. The poor and the poorer peoples are accused of violence, yet without equal opportunities the different forms of aggression and conflict will find a fertile terrain for growth and eventually explode. When a society – whether local, national or global – is willing to leave a part of itself on the fringes, no political programmes or resources spent on law enforcement or surveillance systems can indefinitely guarantee tranquility. This is not the case simply because inequality provokes a violent reaction from those excluded from the system, but because the socioeconomic system is unjust at its root. Just as goodness tends to spread, the toleration of evil, which is injustice, tends to expand its baneful influence and quietly to undermine any political and social system, no matter how solid it may appear. If every action has its consequences, an evil embedded in the structures of a society has a constant potential for disintegration and death. It is evil crystallized in unjust social structures, which cannot be the basis of hope for a better future. We are far from the so-called ‘end of history’, since the conditions for a sustainable and peaceful development have not yet been adequately articulated and realized.” – Pope Francis, Apostolic Exhortation of the Holy Father

Meet the new bossMeet the new boss

Tetman Callis 0 Comments 4:51 am

“While the earnings of a minority are growing exponentially, so too is the gap separating the majority from the prosperity enjoyed by those happy few. This imbalance is the result of ideologies which defend the absolute autonomy of the marketplace and financial speculation. Consequently, they reject the right of states, charged with vigilance for the common good, to exercise any form of control. A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules. Debt and the accumulation of interest also make it difficult for countries to realize the potential of their own economies and keep citizens from enjoying their real purchasing power. To all this we can add widespread corruption and self-serving tax evasion, which have taken on worldwide dimensions. The thirst for power and possessions knows no limits. In this system, which tends to devour everything which stands in the way of increased profits, whatever is fragile, like the environment, is defenseless before the interests of a deified market, which become the only rule.” – Pope Francis, Apostolic Exhortation of the Holy Father

Thou shalt not pillageThou shalt not pillage

Tetman Callis 0 Comments 4:21 am

“Just as the commandment ‘Thou shalt not kill’ sets a clear limit in order to safeguard the value of human life, today we also have to say ‘thou shalt not’ to an economy of exclusion and inequality. Such an economy kills. How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? This is a case of exclusion. Can we continue to stand by when food is thrown away while people are starving? This is a case of inequality. Today everything comes under the laws of competition and the survival of the fittest, where the powerful feed upon the powerless. As a consequence, masses of people find themselves excluded and marginalized: without work, without possibilities, without any means of escape.

“Human beings are themselves considered consumer goods to be used and then discarded. We have created a ‘disposable’ culture which is now spreading. It is no longer simply about exploitation and oppression, but something new. Exclusion ultimately has to do with what it means to be a part of the society in which we live; those excluded are no longer society’s underside or its fringes or its disenfranchised – they are no longer even a part of it. The excluded are not the ‘exploited’ but the outcast, the ‘leftovers’.

“In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting. To sustain a lifestyle which excludes others, or to sustain enthusiasm for that selfish ideal, a globalization of indifference has developed. Almost without being aware of it, we end up being incapable of feeling compassion at the outcry of the poor, weeping for other people’s pain, and feeling a need to help them, as though all this were someone else’s responsibility and not our own. The culture of prosperity deadens us; we are thrilled if the market offers us something new to purchase; and in the meantime all those lives stunted for lack of opportunity seem a mere spectacle; they fail to move us.”

– Pope Francis, Apostolic Exhortation of the Holy Father

The bar is higher in the financial districtThe bar is higher in the financial district

Tetman Callis 0 Comments 6:29 am

“The belief that a person has a share in an unknown life to which his or her love may win us admission is, of all the prerequisites of love, the one which it values most highly and which makes it set little store by all the rest. Even those women who claim to judge a man by his looks alone, see in those looks the emanation of a special way of life. That is why they fall in love with soldiers or with firemen; the uniform makes them less particular about the face; they feel they are embracing beneath the gleaming breastplate a heart different from the rest, more gallant, more adventurous, more tender; and so it is that a young king or a crown prince may make the most gratifying conquests in the countries that he visits, and yet lack entirely that regular and classic profile which would be indispensable, I dare say, for a stockbroker.” – Marcel Proust, Swann’s Way (trans. Moncrieff and Kilmartin)