In a recent
post, Tim Johnson learnedly portrays the Occupy movement(s) as a
rejection of the positive role that gambling and speculation play in society.
This appears to be based mostly on a discussion of David Graeber’s
Debt: The First 5,000 Years.
While I do not dispute, Dr. Johnson's appraisal of Graeber's monograph,
I beg to disagree with his interpretation of the principles of
the Occupy movements. Rather than blaming
gambling and speculation and, more generally, the
entire financial industry for the economic morass in which
developed societies find themselves, these movements protest
the barriers to equal opportunities that with time have been
erected. Indeed, at the core of the American dream as well as
of most other democracies is the belief that if one puts enough
efforts and dedication, barring misfortunes, one ought to be
able to succeed. I am not knowledgeable of other countries'
recent histories, but I can say that the economic policies of
the last 30 years (since the onset of trickle down economics)
have increasingly burdened the great majority of Americans, and
made it increasingly arduous to gain access to opportunities
and upward social mobility. Nothing exemplifies this better
than the ballooning cost of education and the ensuing student
loan crisis. In short the divide between the 1% and the 99% is
not just access to ``smart investment'' for smart money, but
rather the barriers that make these and many other such
opportunities almost surely impossible. Before the Occupy
movements, at least in the US the sense that income and wealth
and the consequent opportunities were still distributed
consistently with the feasibility of the American dream was
widespread. This is well exemplified by the study of Norton and
Ariely.
The Occupy movements radically changed that perception.
Arguably, the most significant parable on the role of
randomness in Humanity is the lottery in Plato's myth of Er.
The order in which the souls to be reincarnated can select
their new lives is random, the choices are their own. A
poignant conceit of the blend of chance and choice that
beginning at birth takes place in our lives. While much
randomness is beyond our control, perhaps as much arises from
societal intercourse, and we can call this gambling. I think
that most would agree that a society is fair when gambling is a
fair game. The point of the Occupy movements is that this is no
longer the case, and the practices of the industry of speculation
not speculation per se is one of the most egregious
examples of such fundamental unfaireness.
Wall St. (and the 1%) is the dealer, it's
gotten better than even chances, or, to use quantitative
finance, the 99%'s gains in this game follow a supermartingale.
And how could it be a fair game when gains are privatized and
losses are billed to the tax payer?
Saturday, February 11, 2012
Saturday, February 04, 2012
The Humanverse
With a chiaroscuro of feelings, a heavy heart and an accepting smile,
I heard of Wislawa Szymborska's passage earlier this week.
Literature is thaumaturgic, it conjures miracles out of a distillation of the ordinary and the extraordinary that teems in the wholly human realm of language. Elias Canetti believed that Literature can heal.
I experienced that. Swann's seemingly unending agony in pursuit of Odette ushered me to the end of a harrowing year of unrequited love, and suddenly kicked me out of that gulch of gloom with this surprising denouement:
Her lines, her astonishing endings, reach deep down our layers of humanity and cast a ray of Caravaggio's light unto the darkness. And that ray is as mighty as God striking Saul on the road to Damascus and yet as gentle as a mother stroking her baby.
Thus, the "life goes on" of Reality Demands placed my experience of September 11th within the sweeping cycles of history, portraying the forlorn quest for meanings foreshortened against the the wheel of impermanence. And yesterday she struck again, with the final awe of Nothing is a gift. At the end of the day, all we are left with is the soul. Perhaps, her soul is the grains of sand that make her wisdom and truth and beauty, that support our steps like singing sands, that make you realize in the beginning there is the Word, and the World, our World, whirls out of that Word.
Thank you, Wislawa!
Literature is thaumaturgic, it conjures miracles out of a distillation of the ordinary and the extraordinary that teems in the wholly human realm of language. Elias Canetti believed that Literature can heal.
I experienced that. Swann's seemingly unending agony in pursuit of Odette ushered me to the end of a harrowing year of unrequited love, and suddenly kicked me out of that gulch of gloom with this surprising denouement:
Dire que j'ai gâché des années de ma vie, que j'ai voulu mourir, que j'ai eu mon plus grand amour, pour une femme qui ne me plaisait pas, qui n'était pas mon genre!Szymborska does it over and over.
Her lines, her astonishing endings, reach deep down our layers of humanity and cast a ray of Caravaggio's light unto the darkness. And that ray is as mighty as God striking Saul on the road to Damascus and yet as gentle as a mother stroking her baby.
Thus, the "life goes on" of Reality Demands placed my experience of September 11th within the sweeping cycles of history, portraying the forlorn quest for meanings foreshortened against the the wheel of impermanence. And yesterday she struck again, with the final awe of Nothing is a gift. At the end of the day, all we are left with is the soul. Perhaps, her soul is the grains of sand that make her wisdom and truth and beauty, that support our steps like singing sands, that make you realize in the beginning there is the Word, and the World, our World, whirls out of that Word.
Thank you, Wislawa!
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