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James Goodman

Philip Pilkington: Debt and the Decay of the Myth of Liberal Individualism « ... - 0 views

  • The myth of the unbounded individual, the lone merchant with the devil-may-care attitude toward his fellow men allowed Smith to conceive of a society in which men might live without close ties to one another and yet a society which would not descend into barbarism. Emotional distance, a lack of love or compassion, need not descend into violence and murder, according to Smith, because of the principles of disinterested commerce and exchange which he thought that he had uncovered in Man.This is the legacy that Smith has left us today. Not just in the field of economics, but also as a sort of moral or mythic code by which we arrange our social intercourse in mass society. When we step into a shop and purchase a good or a service we are acting as Smithian individuals. We see ourselves as unbounded to those around us and free to make whatever decisions we please. And we believe that once the transaction is complete we can wash our hands of it.The problem is that this is not true and it probably never has been. Today, instead, we see all too clearly the importance of debt. Debt is what ties us together. We may be in the position of creditor or in the position of debtor – or we may even be in the position of neither – but debt affects all of us. Even those of us that balance our books perfectly and do not engage in any form of lending nevertheless rely on banking systems and systems of government founded on the simple and timeless principles of debt. And it is these principles that bind us together.
  • We are not, in any way, “men who owe no obligation to one another”. Our entire social system is founded on obligation and interconnectedness. This was likely true even in Smith’s time, but his genius was to have hidden it from view and in doing so to construct the founding myth of liberal individualism as it exists in modern times.Yet today the debt issue explodes once more. And because Smith’s mythology cannot contain it we see all around us anxiety together with its attendant primitive emotions such as envy, anger, spite and malice and, in countries such as Greece, a general collapse of the entire social economy. We see politicians obsessed over government debt sending their countries into ruin simply because they adhere to a redundant mythology. In short, we see the chaos that terrified Smith of a society in which, in his words, injustice prevails.
  • What Smith gave to humanity in his founding of economics was a great lie with which to structure our newly forming nation-states and mass societies. But it was a lie that was in many ways quite fragile. And it is this lie that we see cracking up all around us today. The question is whether we, as a species, will continue to live within this crumbling fiction or whether we can construct a different mythological system founded on principles that are a closer fit to our really existing circumstances.Almost every moral pillar of our contemporary societies – from the discipline of economics, to ideas that dominate about what constitutes good statesmanship – militates against the formation of such a new mythology. And, as psychopathology teaches us well, people are quite stubborn in their giving up of their mythologies, despite their possibly high degree of dysfunction. But given that the stakes are rather high and humans are a fairly adaptive species, we may surprise ourselves yet.
James Goodman

Looting after Hurricane Sandy: Disaster myths and disaster utopias explained. - Slate M... - 0 views

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    "Westerners have internalized certain value systems-capitalism, individualism-that in some ways contradict our social wiring. Disruptive events recalibrate us to a "default setting," which is "altruistic, communitarian [and] resourceful." Solnit does not seek to minimize the grief and suffering crises can cause. Yet she believes that dealing with extreme situations helps us access a satisfying depth of feeling. Perhaps that's one reason why people farther from a disaster often are more terrified by it. (Another explanation may be that onlookers can spare the emotional bandwidth for fear, while those at the epicenter simply do what they must.) But meanwhile, the disaster myths persist. We expect anarchy when an emergency hits and get confused when civilization doesn't come apart at the seams. Part of the blame lies with the media. Sociologists Kathleen Tierney, Christine Bevc, and Erica Kuligowski have outlined "reporting conventions that lead media organizations … to focus on dramatic, unusual, and exceptional behavior, which can lead audiences to believe such behavior is common and typical."* Anomaly or not, a theft caught on tape makes for more compelling viewing than endless footage of rain. What's more, they argue, news outlets narrate disasters through a "looting frame." "
James Goodman

Looting after Hurricane Sandy: Disaster myths and disaster utopias explained. - Slate M... - 0 views

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    The Civilizing Power of Disaster Where was all the chaos, looting, and mass-panic during Hurricane Sandy? By Katy Waldman|Posted Tuesday, Nov. 6, 2012, at 2:56 PM ET
James Goodman

BBC News - The myth of the eight-hour sleep - 0 views

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    "We often worry about lying awake in the middle of the night - but it could be good for you. A growing body of evidence from both science and history suggests that the eight-hour sleep may be unnatural."
James Goodman

Progressives and the Ron Paul fallacies - Salon.com - 0 views

  • merica’s election season degrades mainstream political discourse even beyond its usual lowly state. The worst attributes of our political culture — obsession with trivialities, the dominance of horserace “reporting,” and mindless partisan loyalties — become more pronounced than ever. Meanwhile, the actually consequential acts of the U.S. Government and the permanent power factions that control it — covert endless wars, consolidation of unchecked power, the rapid growth of the Surveillance State and the secrecy regime, massive inequalities in the legal system, continuous transfers of wealth from the disappearing middle class to large corporate conglomerates — drone on with even less attention paid than usual. Because most of those policies are fully bipartisan in nature, the election season — in which only issues that bestow partisan advantage receive attention — places them even further outside the realm of mainstream debate and scrutiny. For that reason, America’s elections ironically serve to obsfuscate political reality even more than it usually is.
  • This would all be bad enough if “election season” were confined to a few months the way it is in most civilized countries. But in America, the fixation on presidential elections takes hold at least eighteen months before the actual election occurs, which means that more than 1/3 of a President’s term is conducted in the midst of (and is obscured by) the petty circus distractions of The Campaign. Thus, an unauthorized, potentially devastating covert war — both hot and cold — against Iran can be waged with virtually no debate, just as government control over the Internet can be inexorably advanced, because TV political shows are busy chattering away about Michele Bachmann’s latest gaffe and minute changes in Rick Perry’s polling numbers. Then there’s the full-scale sacrifice of intellectual honesty and political independence at the altar of tongue-wagging partisan loyalty.
  • Then there’s the inability and/or refusal to recognize that a political discussion might exist independent of the Red v. Blue Cage Match. Thus, any critique of the President’s exercise of vast power (an adversarial check on which our political system depends) immediately prompts bafflement (I don’t understand the point: would Rick Perry be any better?) or grievance (you’re helping Mitt Romney by talking about this!!). The premise takes hold for a full 18 months — increasing each day in intensity until Election Day — that every discussion of the President’s actions must be driven solely by one’s preference for election outcomes (if you support the President’s re-election, then why criticize him?). Worse still is the embrace of George W. Bush’s with-us-or-against-us mentality as the prism through which all political discussions are filtered. It’s literally impossible to discuss any of the candidates’ positions without having the simple-minded — who see all political issues exclusively as a Manichean struggle between the Big Bad Democrats and Good Kind Republicans or vice-versa — misapprehend “I agree with Candidate X’s position on Y” as “I support Candidate X for President” or “I disagree with Candidate X’s position on Y” as “I oppose Candidate X for President.” Even worse are the lying partisan enforcers who, like the Inquisitor Generals searching for any inkling of heresy, purposely distort any discrete praise for the Enemy as a general endorsement.
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  • So potent is this poison that no inoculation against it exists. No matter how expressly you repudiate the distortions in advance, they will freely flow. Hence: I’m about to discuss the candidacies of Barack Obama and Ron Paul, and no matter how many times I say that I am not “endorsing” or expressing support for anyone’s candidacy, the simple-minded Manicheans and the lying partisan enforcers will claim the opposite. But since it’s always inadvisable to refrain from expressing ideas in deference to the confusion and deceit of the lowest elements, I’m going to proceed to make a couple of important points about both candidacies even knowing in advance how wildly they will be distorted.
James Goodman

Martin Luther King Jr. Would Want a Revolution, Not a Memorial - NYTimes.com - 0 views

  • Militarism is an imperial catastrophe that has produced a military-industrial complex and national security state and warped the country’s priorities and stature (as with the immoral drones, dropping bombs on innocent civilians). Materialism is a spiritual catastrophe, promoted by a corporate media multiplex and a culture industry that have hardened the hearts of hard-core consumers and coarsened the consciences of would-be citizens. Clever gimmicks of mass distraction yield a cheap soulcraft of addicted and self-medicated narcissists.
  • Racism is a moral catastrophe, most graphically seen in the prison industrial complex and targeted police surveillance in black and brown ghettos rendered invisible in public discourse. Arbitrary uses of the law — in the name of the “war” on drugs — have produced, in the legal scholar Michelle Alexander’s apt phrase, a new Jim Crow of mass incarceration. And poverty is an economic catastrophe, inseparable from the power of greedy oligarchs and avaricious plutocrats indifferent to the misery of poor children, elderly citizens and working people.
  • The age of Obama has fallen tragically short of fulfilling King’s prophetic legacy. Instead of articulating a radical democratic vision and fighting for homeowners, workers and poor people in the form of mortgage relief, jobs and investment in education, infrastructure and housing, the administration gave us bailouts for banks, record profits for Wall Street and giant budget cuts on the backs of the vulnerable.
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  • As the talk show host Tavis Smiley and I have said in our national tour against poverty, the recent budget deal is only the latest phase of a 30-year, top-down, one-sided war against the poor and working people in the name of a morally bankrupt policy of deregulating markets, lowering taxes and cutting spending for those already socially neglected and economically abandoned. Our two main political parties, each beholden to big money, offer merely alternative versions of oligarchic rule.
  • The absence of a King-worthy narrative to reinvigorate poor and working people has enabled right-wing populists to seize the moment with credible claims about government corruption and ridiculous claims about tax cuts’ stimulating growth. This right-wing threat is a catastrophic response to King’s four catastrophes; its agenda would lead to hellish conditions for most Americans.
  • King weeps from his grave. He never confused substance with symbolism. He never conflated a flesh and blood sacrifice with a stone and mortar edifice. We rightly celebrate his substance and sacrifice because he loved us all so deeply. Let us not remain satisfied with symbolism because we too often fear the challenge he embraced. Our greatest writer, Herman Melville, who spent his life in love with America even as he was our most fierce critic of the myth of American exceptionalism, noted, “Truth uncompromisingly told will always have its ragged edges; hence the conclusion of such a narration is apt to be less finished than an architectural finial.”
  • King’s response to our crisis can be put in one word: revolution. A revolution in our priorities, a re-evaluation of our values, a reinvigoration of our public life and a fundamental transformation of our way of thinking and living that promotes a transfer of power from oligarchs and plutocrats to everyday people and ordinary citizens. In concrete terms, this means support for progressive politicians like Senator Bernard Sanders of Vermont and Mark Ridley-Thomas, a Los Angeles County supervisor; extensive community and media organizing; civil disobedience; and life and death confrontations with the powers that be. Like King, we need to put on our cemetery clothes and be coffin-ready for the next great democratic battle.
James Goodman

Should We Buy Expensive Wine? | Wired Science | Wired.com - 0 views

  • The 600 plus participants could only pick the more expensive wine 53 percent of the time, which is basically random chance
  • the lack of correlation between the price and perceived quality of a wine (at least when tasted blind) has been proven again and again. Wine critics might disagree, but at this point it’s a robust psychological fact
  • The taste of a wine, like the taste of everything, is not merely the sum of that alcoholic liquid in the glass. It cannot be deduced by beginning with our sensations and extrapolating upwards. This is because what we experience is not what we sense. Rather, experience is what happens when our senses are interpreted by our subjective brain, which brings to the moment its entire library of personal memories, wine shop factoids and idiosyncratic desires. As the philosopher Wilfrid Sellars pointed out, there is no reasonable way to divide sensory experience into what is “given to the mind” and what is “added by the mind.” (Sellars referred to this as the “Myth of the Given.”) When we take a sip of wine, for instance, we don’t taste the wine first, and the cheapness second. We taste everything all at once, in a single gulp of thiswineisplonk, or thiswineisexpensive. As a result, if we think a wine is cheap, it will taste cheap.  And if we think we are tasting a grand cru, then we will taste a grand cru. Our senses are vague in their instructions, and we parse their inputs based upon whatever other knowledge we can summon to the surface.
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  • Even though their assumption about wine was false – the more expensive Cabernet didn’t taste better – that assumption still led to increased pleasure, both as measured in terms of self-reported preference and as a function of brain activity. Sure, that pleasure is a figment of our blinkered imagination, but what part of pleasure isn’t an imaginary figment? Instead of bemoaning this subjectivity, we should embrace it. We should realize that we can make our wines much more delicious, if only we take the time to learn about them. Because we don’t need to spend a fortune on old fruit juice – price is not the only way to raise expectations. (It’s also, you know, an expensive way to raise expectations.) If my tippling experience has taught me anything, it’s that we can also make our wines taste better by delving into the history of the varietal or the region or the pretty picture on the label. And that’s why I will always be one of those annoying people who insists on muttering about malolactic fermentation while pouring Chardonnay, or on explaining the genetic kinship between Primitivo and Zinfandel when all you want is a damn glass to go with your red-sauce pasta.
James Goodman

Occupy Wall Street's 'Political Disobedience' - NYTimes.com - 0 views

  • Our language has not yet caught up with the political phenomenon that is emerging in Zuccotti Park and spreading across the nation, though it is clear that a political paradigm shift is taking place before our very eyes. It’s time to begin to name and in naming, to better understand this moment. So let me propose some words: “political disobedience.”Occupy Wall Street is best understood, I would suggest, as a new form of what could be called “political disobedience,” as opposed to civil disobedience, that fundamentally rejects the political and ideological landscape that we inherited from the Cold War.
  • Civil disobedience accepted the legitimacy of political institutions, but resisted the moral authority of resulting laws. Political disobedience, by contrast, resists the very way in which we are governed: it resists the structure of partisan politics, the demand for policy reforms, the call for party identification, and the very ideologies that dominated the post-War period.
  • Occupy Wall Street, which identifies itself as a “leaderless resistance movement with people of many … political persuasions,” is politically disobedient precisely in refusing to articulate policy demands or to embrace old ideologies. Those who incessantly want to impose demands on the movement may show good will and generosity, but fail to understand that the resistance movement is precisely about disobeying that kind of political maneuver. Similarly, those who want to push an ideology onto these new forms of political disobedience, like Slavoj Zizek or Raymond Lotta, are missing the point of the resistance.
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  • One way to understand the emerging disobedience is to see it as a refusal to engage these sorts of  worn-out ideologies rooted in the Cold War. The key point here is that the Cold War’s ideological divide — with the Chicago Boys at one end and the Maoists at the other — merely served as a weapon in this country for the financial and political elite: the ploy, in the United States, was to demonize the chimera of a controlled economy (that of the former Soviet Union or China, for example) in order to prop up the illusion of a free market and to legitimize the fantasy of less regulation — of what was euphemistically called “deregulation.” By reinvigorating the myth of free markets, the financial and political architects of our economy over the past three plus decades — both Republicans and Democrats — were able to disguise massive redistribution toward the richest by claiming they were simply “deregulating” when all along they were actually reregulating to the benefit of their largest campaign donors.
  • This ideological fog blinded the American people to the pervasive regulatory mechanisms that are necessary to organize a colossal late-modern economy and that necessarily distribute wealth throughout society — and in this country, that quietly redistributed massive amounts of wealth to the richest 1 percent. Many of the voices at Occupy Wall Street accuse political ideology on both sides, on the side of free markets but also on the side of big government, for serving the few at the expense of the other 99 percent — for paving the way to an entrenched permissive regulatory system that “privatizes gains and socializes losses.”
  • The central point, of course, is that it takes both a big government and the illusion of free markets to achieve such massive redistribution. If you take a look at the tattered posters at Zuccotti Park, you’ll see that many are intensely anti-government and just as many stridently oppose big government.Occupy Wall Street is surely right in holding the old ideologies to account. The truth is, as I’ve argued in a book, “The Illusion of Free Markets,” and recently in Harper’s magazine, there never have been and never will be free markets. All markets are man-made, constructed, regulated and administered by often-complex mechanisms that necessarily distribute wealth — that inevitably distribute wealth — in large and small ways. Tax incentives for domestic oil production and lower capital gains rates are obvious illustrations. But there are all kinds of more minute rules and regulations surrounding our wheat pits, stock markets and economic exchanges that have significant wealth effects: limits on retail buyers flipping shares after an I.P.O., rulings allowing exchanges to cut communication to non-member dealers, fixed prices in extended after-hour trading, even the advent of options markets. The mere existence of a privately chartered organization like the Chicago Board of Trade, which required the state of Illinois to criminalize and forcibly shut down competing bucket shops, has huge redistributional wealth effects on farmers and consumers — and, of course, bankers, brokers and dealers.
  • The semantic games — the talk of deregulation rather than reregulation — would have been entertaining had it not been for their devastating effects. As the sociologist Douglas Massey minutely documents in “Categorically Unequal,” after decades of improvement, the income gap between the richest and poorest in this country has dramatically widened since the 1970s, resulting in what social scientists now refer to as U-curve of increasing inequality. Recent reports from the Census Bureau confirm this, with new evidence last month that “the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.” Today, 27 percent of African-Americans and 26 percent of Hispanics in this country — more than 1 in 4 — live in poverty; and 1 in 9 African-American men between the ages of 20 and 34 are incarcerated.
  • On this account, the fundamental choice is no longer the ideological one we were indoctrinated to believe — between free markets and controlled economies — but rather a continuous choice between kinds of regulation and how they distribute wealth in society. There is, in the end, no “realistic alternative,” nor any “utopian project” that can avoid the pervasive regulatory mechanisms that are necessary to organize a complex late-modern economy — and that’s the point. The vast and distributive regulatory framework will neither disappear with deregulation, nor with the withering of a socialist state. What is required is constant vigilance of all the micro and macro rules that permeate our markets, our contracts, our tax codes, our banking regulations, our property laws — in sum, all the ordinary, often mundane, but frequently invisible forms of laws and regulations that are required to organize and maintain a colossal economy in the 21st-century and that constantly distribute wealth and resources.
  • In the end, if the concept of “political disobedience” accurately captures this new political paradigm, then the resistance movement needs to occupy Zuccotti Park because levels of social inequality and the number of children in poverty are intolerable. Or, to put it another way, the movement needs to resist partisan politics and worn-out ideologies because the outcomes have become simply unacceptable. The Volcker rule, debt relief for working Americans, a tax on the wealthy — those might help, but they represent no more than a few drops in the bucket of regulations that distribute and redistribute wealth and resources in this country every minute of every day. Ultimately, what matters to the politically disobedient is the kind of society we live in, not a handful of policy demands.
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