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James Goodman

Melancholy and The Infinite Sadness - The New Inquiry - 0 views

  • In Ann Cvetkovich’s new “critical memoir,” Depression: A Public Feeling, the University of Texas professor seeks to “defamiliarize” depression within a genealogy of spiritual despair, while attending to the relationship of the psyche to the soma as illustrated by how different cultures or the working class are more likely to somatize their depression. Can we, Cvetkovich asks at the book’s beginning, engage with depression as the “product of a sick culture”?
James Goodman

The "Family Members, Friends, Neighbors" approach to Mental Illness: Analysis... - 0 views

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    " for all that the conference was supposed to be about mental illnesses, it turned out to focus far more on *sane* family members and friends of the mentally ill, rather than on people with mental illnesses themselves. This tendency was  exemplified in the President's speech, when he stated:  "We all know somebody - a family member, a friend, a neighbor - who has struggled or will struggle with mental health issues at some point in their lives." Note the construction of the sentence: "We all know somebody - a family member, a friend, a neighbor - who has struggled with mental illness." The person with mental illness here is always someone else. They are always removed from ourselves. They are the people we help, the people we are sad for, the people we want to save. The people who are sick, the people who are hurting, the people with the problems - they are categorically not us. They are other. They are, moreover, specifically not the implied audience of the sentence. The implied audience is the people who "know somebody' with a mental illness. Obama probably wanted to evoke sympathy for people with mental illnesses. But in doing so, he reinforced the trope of the mentally ill as the "other" - as people who aren't worth speaking to, and about, directly. Despite the fact that one in five Americans suffer, or will suffer, from a mental illness, and thus make up a fairly sizeable portion of the audience."
James Goodman

Why Are We All Ignoring Our Loneliness? | Alternet - 0 views

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    "Perhaps when we're able to realize that as a human race and society we have become estranged from one another, when we're able to see this fragmented world for what it is, when we accept the pain of the world as our own pain and see our hearts in the hearts of others, when we're able to recognize that every one of us is essentially floating in the same boat, when we're able to walk down the street and feel our own footsteps resounding from other peoples feet, then, perhaps, we will begin to learn the value, the reality, and the necessity of compassion as the essential human capacity that will heal us from the temporary state of fragmentation into which we have fallen."
James Goodman

The real causes of the economic crisis? They're history. - The Washington Post - 0 views

  • They say that winners get to write history. Three years after the meltdown of our financial markets, it’s clear who is winning and who is losing. Wall Street — arms outstretched in triumph — is racing toward the finish-line tape while millions of American families are struggling to stay on their feet. With victory seemingly in hand, the historical rewrite is in full swing. The contrast in fortunes between those on top of the economic heap and those buried in the rubble couldn’t be starker. The 10 biggest banks now control more than three-quarters of the country’s banking assets. Profits have bounced back, while compensation at publicly traded Wall Street firms hit a record $135 billion in 2010.
  • Meanwhile, more than 24 million Americans are out of work or can’t find full-time work, and nearly $9 trillion in household wealth has vanished. There seems to be no correlation between who drove the crisis and who is paying the price.The report of the Financial Crisis Inquiry Commission detailed the recklessness of the financial industry and the abject failures of policymakers and regulators that brought our economy to its knees in late 2008. The accuracy and facts of the commission’s investigative report have gone unchallenged since its release in January.So, how do you revise the historical narrative when the evidence of what led to economic catastrophe is so overwhelming and the events at issue so recent? You and your political allies just do it. And you bet on the old axiom that a lie is halfway around the world before the truth can tie its shoes.
  • If  you are Rep. Paul Ryan, you ignore the fact that our federal budget deficit has ballooned more than $1 trillion annually since the financial collapse. You disregard the reality that two-thirds of the deficit increase is directly attributable to the economic downturn and bipartisan fiscal measures adopted to bolster the economy. Instead of focusing on the real cause of the deficit, you conflate today’s budgetary disaster with the long-term challenges of Medicare so you can shred the social safety net.
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  • If you are Alan Greenspan, you retreat from your 2008 epiphany in which you acknowledged your “state of shocked disbelief” that “the whole intellectual edifice” of your deregulatory ideology had collapsed. Now, you condemn reform efforts as “the current ‘anything goes’ regulatory ethos” — a phrase that paradoxically recalls your own failed policies at the Federal Reserve. In short, after driving the economy over the cliff, you offer to give driving lessons.If you are JP Morgan’s chief investment officer, you refute the statement that your chairman and chief executive, Jamie Dimon, made to the FCIC in 2010 blaming the failures of major financial institutions on “the management teams 100 percent and . . . no one else.” You revise your opinion on the causes of the crisis to instead focus blame on government housing policies. The source for this newfound wisdom: shopworn data, produced by a consultant to the corporate-funded American Enterprise Institute, which was analyzed and debunked by the FCIC report.
  • If you are most congressional Republicans, you turn a blind eye to the sad history of widespread lending abuses that savaged communities across the country and pledge to block the appointment of anyone to head the new Consumer Financial Protection Bureau unless its authority is weakened. You ignore the evidence of pervasive excess that wrecked our financial markets and attempt to cut funding for the regulators charged with curbing it. Across the board, you refuse to acknowledge what went wrong and then try to stop efforts to make it right.Does historical accuracy matter? You bet it does.   Traveling down a road unfettered by facts will take us far from where we need to be: prosecuting financial wrongdoing to deter future malfeasance; vigorously enforcing financial reforms to rein in excessive risk; and rooting out Wall Street’s conflicts of interests, abysmal governance and badly flawed compensation incentives.Worst of all, it will divert us from the urgent task of putting people back to work and creating real wealth for America’s future. Over the past decade, we squandered trillions of dollars on rampant speculation rather than on making investments — in technology, infrastructure, clean energy and education — that increase our productivity and economic strength. The financial sector’s share of corporate profits climbed from 15 percent in 1980 to 33 percent by the early 2000s, while financial-sector debt soared from $3 trillion in 1978 to $36 trillion by 2007. With tens of millions still unemployed, isn’t it time to shift from an economy based on money making money to an economy based on money creating jobs and genuine prosperity?
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