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our tradition by and large has used religion to hold the nation in judgment and to assert that it should operate under higher moral standards.”

the authors found that Americans were concerned increasingly with individual attainment and far less with forging the collective ties that had traditionally bound communities.

God, the article noted, was ritually invoked on particular state occasions: every presidential Inaugural Address except Washington’s second, Professor Bellah wrote, contained at least one reference to a divine presence.

“The fundamental question we posed,” they wrote, “was how to preserve or create a morally coherent life.”

“Though much is selectively derived from Christianity, this religion is clearly not itself Christianity.”

We are concerned that this individualism may have grown cancerous

Bellah’s last major work, “Religion in Human Evolution,” was a 700-page synthesis of a subject about which he had thought deeply since the 1950s: the origin, development and use of mankind’s myriad varieties of religious experience from the dawn of our species through the first millennium B.C.

“It shows how religion is enacted in history and cannot be grasped outside it.”

In Turkey, a court recently imprisoned dozens of senior military officers on charges of plotting to overthrow the government, a punitive reminder to a military once accustomed to reasserting its authority through coups.

Though General Sisi is riding a wave of popularity among some Egyptians and neighboring countries, notably Saudi Arabia and Israel, for cracking down on Islamists, the events in Turkey and Pakistan have shown the limits of military power.

Military and civilian leaders have been competing for power in Turkey, Pakistan and Egypt for decades. The military has exercised muscular influence in all three countries, openly or behind the scenes, because of weak civilian rule that can be traced to the foundation of the states — in some cases, in a bid to circumscribe Islamist influence.

Egypt’s generals ousted the monarchy and established a republic in 1952. Turkey’s first president, Mustafa Kemal Ataturk, a military revolutionary, led a fierce secularization drive in the 1920s.

Pakistani, Turkish and Egyptian generals profess to love democracy, but they practice it with varying degrees of reluctance.

Instead, the military has deeply embedded itself in each state’s DNA, winning privileges and lucrative jobs for its officers, all the while controlling politics in blunt fashion. Pakistan’s generals have mounted four coups over the past 55 years; Turkey has had three. In both Pakistan and Egypt, analysts describe the military as the core of the “deep state.”

In all three countries, Islam is often seen as the boogeyman of democracy, Dr. Nasr said. “But that is wrong. The real struggle in the Middle East is between civilian rule and the military.”

For years, Turkey was the model of progress for many Muslim countries. But the military’s retreat has been driven, in part, by the country’s desire to join the European Union. And the gloss of civilian rule vanished in June when Prime Minister Recep Tayyip Erdogan violently suppressed a protest movement in central Istanbul, suggesting that one authoritarianism was being replaced with another. This month’s treason trial brought out sharp divisions between secularists and Islamists, underscoring how Turkey’s nation-building model remains a work in progress.

Yet as all three countries climb the ladder toward functioning democracies, the effort is complicated by outside pressure, which often favors the military.

His support from Egyptian civic society could evaporate as revulsion grows at the bloodshed against Islamists and the military’s crackdown on other dissenters. If he alienates Western support, financing from the Middle East cannot sustain his country for very long. And, as events in Turkey and Pakistan have shown, the military’s eminence can endure only by strategically ceding space to civilian players — or the use of violent repression.

From 1880 through 1960, the percentage of black children with at least one absent parent was fairly stable and about two-and-one-half times greater than the percentage among whites. Recently, the percentages of both black children and white children with absent parents have risen dramatically

What is the source of this distinctive African-American pattern of single parenthood? Recent economic changes can be invoked to explain the growing differential between black family structure and white family structure, but they cannot explain why blacks started from a higher base.

The change in marriage is not a "black" problem, and I am not even convinced that it is a "problem."

It is not simply a question of "Is marriage good for kids?" It's "Are shotgun marriages good for kids?" "Should marriage be valued at all costs, including enduring abuse or ill-treatment?"

If Belgium was reluctant to get involved, France was at first totally uninterested. “They told us, ‘We don’t want to take part in this British triumphalism,’ 

“In no way will this be Anglocentric or triumphalist in any way,” said Michael Mitchell, an aircraft consultant who volunteers as secretary of the organizing committee. “We never talk about a celebration, but a commemoration,”

“Many brave men died,” he said. “All the belligerents played an incredibly impressive role.”

For Germany, the events are welcome. Next year, commemorations will mark the 100th anniversary of the outbreak of World War I, but unlike that war the Napoleonic wars are not something the Germans may feel they have to apologize for.

In 2000, a group of Belgian taxpayers brought suit, demanding that the government rescind an agreement dating back to just after the battle under which the Duke of Wellington was given the rights to 2,600 acres around the battlefield. The lands were bringing in about $160,000 annually for the Wellington family, and the taxpayers argued it was time to end the arrangement. The case stagnated until 2009, when the finance minister, Didier Reynders, told Parliament that the government had no intention of backing out of its commitment, which was anchored in the 1839 Treaty of London guaranteeing the independence of Belgium.

“Our concern is the experience of the visitor,” Ms. Du Parc said. “What is the message? What is the legacy, what purpose does it serve?” She contrasted the Napoleonic wars with World War I, which was followed only two decades later by an even greater war.

Mr. Jacobs agreed. “Still today, you find Belgians on both sides,” he said, “but thanks to the British this foolish Napoleonic experience was brought to an end. It changed the history of Europe.” “It brought a hundred years of peace,” he said.

But what else can you call an environment where workers are totally controlled by an employer?

They're forced to live in squalor, they are indeed pushed to work in extreme heat, often left without enough water for very long hours and then they go home to cook food in unhygienic conditions, live 8, 10, 12 to a room, and even if they want to leave, if they've just had enough, they can't go because the employer has to sign an exit visa or sign the papers to allow them to work for a better employer."

Britain's Guardian newspaper last week which alleged that thousands of Nepali migrant workers are enduring dire conditions, and that 44 died over the space of nine weeks this summer.

Suresh Man Shrestha, secretary of the Ministry of Labor in Nepal, told CNN that the return of the bodies of migrant laborers to Nepal from overseas already is a daily occurrence.

But it's also important to focus on the fact that currently these activities that are going on, or that have been reported about, are actually illegal under the company laws, (which) very clearly criminalize these actions, and as soon as the government or the relevant authorities take a look at them action is taken

Those from India and Nepal make up the bulk of the estimated 1.2 million migrant workers in Qatar, it says.

Figures attributed to "representatives of the (Nepali) community" support the Qatari figures, indicating that in total 276 Nepalis died in Qatar last year and 151 through September this year. Of the deaths last year, half were put down to "natural causes" and a fifth, or 55, to workplace accidents.

The officials said "roughly 400,000" Nepali migrants are in Qatar.

Some laborers told the paper they were denied access to free drinking water despite the summer heat.

Shrestha gave three reasons for the tragically high death toll among Nepali laborers, who quit the Himalayan kingdom on the promise of better paying jobs to help support their families.

Rights group Human Rights Watch said in February that Qatar "has not delivered on its pledges to improve migrant workers' rights."

"The issues that are being raised are not part of my culture," he said. "We unequivocally are outraged. We definitely do not accept these cultures happening within our society and we are taking action about it."

"The issue is in terms of finding a system of enforcement to enforce these policies. The government has been taking actions towards it (but) this can't happen overnight."

what is it that American conservatives want to conserve?

To translate: civility in public discourse, maximal federalism and subsidiarity, a sense of transcendence to overcome the delusions of materialism and individualism, and a relentless defense of universities as the core places where our society learns to breathe and grow in the light of knowledge and understanding.

Here’s what McClay gleans from Oakeshott’s writing that could help the cause of conservative reform: First, the idea of conversation as the model for civilized life. Second, the need to create and preserve appropriate scale in our communities, for the sake of fostering just such conversation. Third, the profound human need for release from the burden of purposefulness, which is perhaps another way of expressing the enduring need for transcendence, an avenue that Rationalism tends to foreclose to us. And fourth, the irreplaceable mission of liberal learning.

Today’s Republicanism is, in contrast, absolutist, ideological, fundamentalist and angry. It has ceased to be a voice among others in a genuine conversation about our country and become a rigid, absolutist ideology fueled by the worst aspects of the right – from racism to Randian indifference to the many others who made – and make – our lives possible. A lot of the time, it is quite simply philistine.

Is this an agenda? Not in any sense of the word. And that is the point. There is no fixed set of policies that an Oakeshottian conservative will embrace. It will all depend on the time and the place and the problem. He will question change and reform as a constant necessity

But he will also try and judge when reform is necessary to preserve the coherence of a society.

The issue, in the end, is one of prudential judgment about all these questions, a skill and virtue that can never be reduced to an ideology or “ism”.

Understanding the limits of one’s own understanding makes a political conversation natural.

It’s a way of thinking. And until we revive that manner of thinking, American conservatism will remain defined by its ugliest and dumbest protagonists.

The most painful realization for me was that civilian suffering was the essence of a war caused by America's callous use of power. I question whether the Henry Kissingers of today, Washington’s latest coterie of war managers, are any more willing to consider this than Kissinger has been.

Therefore, it can be hard to accept at face value any promises made or policies articulated.

violent revolt has often been the catalyst for change in this country and that nonviolence, at least in part, draws its power from the untenable alternative of violence.

We can’t rush to label violent protesters as “thugs” while reserving judgment about the violence of police killings until a full investigation has been completed and all the facts are in.

We can’t condemn explosions of frustration born of generations of marginalization and oppression while paying only passing glances to similar explosions of frustration over the inanity of a sports team’s victory or loss or a gathering for a pumpkin festival.

Nonviolence, as a strategy, hinges on faith: It is a faith in ultimate moral rectitude and the perfectibility of systems of power.

The time that any population will silently endure suffering is term-limited and the end of that term is unpredictable, often set by a moment of trauma that pushes a simmering discontent over into civil disobedience.

in those moments, America feigns shock and disbelief. Where did this anger come from? How can we quickly restore calm? How do we instantly start to heal?

That is because America likes to hide its sins. That is because it wants its disaffected, dispossessed and disenfranchised to use the door under the steps. That is because America sees its underclass as some sort of infinity sponge: capable of quietly absorbing disadvantage, neglect and oppression forever for the greater good of superficial calm and illusory order.

Zora Neale Hurston: “If you are silent about your pain, they’ll kill you and say you enjoyed it.”

In the first place, not even Shakespeare could swallow the Agincourt Kool-Aid. In 1599, cheerfully plundering The Famous Victories of Henry V, he wrote Henry V, one of his most popular plays. On closer examination, however, Shakespeare is far from gung-ho.

The year 1415 should have been the definitive riposte to 1066, but the after-life of Agincourt is not straightforward. This is so for perhaps three reasons.

Estimates of the English dead, by contrast, range from improbable (100) to plausible (1,500).

Second, there’s the enduring controversy (which Shakespeare does address) about the king’s cold-blooded execution of his French prisoners, a debate bedevilled by double standards: Henry must be judged by his mores, not ours.

Third, Agincourt suffers from being one-sided. In the renewal of a great myth, all parties must participate. 2015 is also the 200th anniversary of Waterloo, a defeat whose afterlife is as much celebrated in France as in Britain.

When it comes to Agincourt, the French, who generally idolise military matters, are either silent or ignorant. “This was just such a bad defeat,” says Georges-Picot. She adds that this humiliation is not taught in schools, where Henry V of England is unknown. It is almost as if neither the battle nor its victor had ever been.

Curator Leduc has put together an enthralling historical display in the museum at Les Invalides: 100 years of French military history, beginning with the shame of Azincourt but culminating in Marignano.

Jewish educators often shy away from teaching subjects that they deem too political, arguing that politics do not belong in the classroom. They believe that their role is solely to teach about Israel and to impress upon young Jews that Israel is core to their Jewish identities. Yet educators have a responsibility to teach not only about the vision or dream of Israel but also the reality of Israel — and it’s impossible to do this without political discussions.

The Israeli-Palestinian conflict is central to Jewish life. It’s as important to Jewish identity as prayer and the weekly Torah portion. While American Jews can certainly live rich Jewish lives without ever thinking about Israel, it’s the epicenter of Jewish politics. Involving middle- and high-school students in the debates around the conflict allows them to grapple with Jewish history, explore the many variations of Zionism and understand religious and political differences within the Jewish community.

Emancipation and reunion, the two great results of this war, were badly compromised," Goldfield says. Given these equivocal gains, and the immense toll in blood and treasure, he asks: "Was the war worth it? No."

Gary Gallagher, a leading Civil War historian at the University of Virginia, argues that the long-reigning emphasis on slavery and liberation distorts our understanding of the war and of how Americans thought in the 1860s. "There's an Appomattox syndrome--we look at Northern victory and emancipation and read the evidence backward,"

Recent scholarship has also cast new light on the scale and horror of the nation's sacrifice.

hindsight has dimmed recognition of how close the Confederacy came to achieving its aims. "For the South, a tie was as good as a win," he says. It needed to inflict enough pain to convince a divided Northern public that defeating the South wasn't worth the cost. This nearly happened at several points, when rebel armies won repeated battles in 1862 and 1863. As late as the summer of 1864,

Allen Guelzo, director of Civil War studies at Gettysburg College, adds the Pennsylvania battle to the roster of near-misses for the South

Imagining these and other scenarios isn't simply an exercise in "what if" history, or the fulfillment of Confederate fantasy fiction. It raises the very real possibility that many thousands of Americans might have died only to entrench secession and slavery.

Very few Northerners went to war seeking or anticipating the destruction of slavery. They fought for Union, and the Emancipation Proclamation was a means to that end: a desperate measure

J. David Hacker, a demographic historian, has used sophisticated analysis of census records to revise the toll upward by 20%, to an estimated 750,000, a figure that has won wide acceptance from Civil War scholars. If correct, the Civil War claimed more lives than all other American wars combined

many historians, who cited the numbing totals of dead and wounded but rarely delved into the carnage or its societal impact.

That's changed dramatically with pioneering studies such as Drew Gilpin Faust's This Republic of Suffering, a 2008 examination of "the work of death" in the Civil War: killing, dying, burying, mourning, counting.

"When we go to war, we ought to understand the costs," she says. "Human beings have an extraordinary capacity to forget that

"When you incorporate these elements, the war looks less like a conflict over lofty principles and more like a cross-societal bloodletting."

Just as the fight against Nazism buttressed a moral vision of the Civil War, so too have the last decade's conflicts given us a fresh and cautionary viewpoint. "We should be chastened by our inability to control war and its consequences," Brundage says. "So much of the violence in the Civil War is laundered or sanctified by emancipation, but that result was by no means inevitable."

The last century's revisionists thought the war was avoidable because they didn't regard slavery as a defining issue or evil. Almost no one suggests that today. The evidence is overwhelming that slavery was the "cornerstone" of the Southern cause,

But Lincoln's proposals for compensated emancipation fell on deaf ears, even in wartime Delaware, which was behind Union lines and clung to only 2,000 slaves, about 1.5% of the state's population.

Nor is there much credible evidence that the South's "peculiar institution" would have peacefully waned on its own.

"It was stronger than it had ever been and was growing stronger."

Most historians believe that without the Civil War, slavery would have endured for decades, possibly generations.

We are commemorating the four years of combat that began in 1861 and ended with Union victory in 1865. But Iraq and Afghanistan remind us, yet again, that the aftermath of war matters as much as its initial outcome.

Looking backwards, and hitting the pause button at the Gettysburg Address or the passage of the 13th amendment, we see a "good" and successful war for freedom. If we focus instead on the run-up to war, when Lincoln pledged to not interfere with slavery in the South, or pan out to include the 1870s, when the nation abandoned Reconstruction, the story of the Civil War isn't quite so uplifting.

In some respects, the struggle for racial justice, and for national cohesion, continues still.

Last month, it eclipsed Walmart as the most valuable retailer in the country, with a market valuation of $250 billion, and Forbes deemed Mr. Bezos the fifth-wealthiest person on earth.

Others who cycled in and out of the company said that what they learned in their brief stints helped their careers take off. And more than a few who fled said they later realized they had become addicted to Amazon’s way of working.

Amazon may be singular but perhaps not quite as peculiar as it claims. It has just been quicker in responding to changes that the rest of the work world is now experiencing: data that allows individual performance to be measured continuously, come-and-go relationships between employers and employees, and global competition in which empires rise and fall overnight. Amazon is in the vanguard of where technology wants to take the modern office: more nimble and more productive, but harsher and less forgiving.

“Organizations are turning up the dial, pushing their teams to do more for less money, either to keep up with the competition or just stay ahead of the executioner’s blade,”

At its best, some employees said, Amazon can feel like the Bezos vision come to life, a place willing to embrace risk and strengthen ideas by stress test. Employees often say their co-workers are the sharpest, most committed colleagues they have ever met, taking to heart instructions in the leadership principles like “never settle” and “no task is beneath them.”

In contrast to companies where declarations about their philosophy amount to vague platitudes, Amazon has rules that are part of its daily language and rituals, used in hiring, cited at meetings and quoted in food-truck lines at lunchtime

“You can work long, hard or smart, but at Amazon.com you can’t choose two out of three,” Mr. Bezos wrote in his 1997 letter to shareholders

mazon, though, offers no pretense that catering to employees is a priority. Compensation

As the company has grown, Mr. Bezos has become more committed to his original ideas, viewing them in almost moral terms, those who have worked closely with him say. “My main job today: I work hard at helping to maintain the culture,”

perhaps the most distinctive is his belief that harmony is often overvalued in the workplace — that it can stifle honest critique and encourage polite praise for flawed ideas. Instead, Amazonians are instructed to “disagree and commit” (

According to early executives and employees, Mr. Bezos was determined almost from the moment he founded Amazon in 1994 to resist the forces he thought sapped businesses over time — bureaucracy, profligate spending, lack of rigor. As the company grew, he wanted to codify his ideas about the workplace, some of them proudly counterintuitive, into instructions simple enough for a new worker to understand, general enough to apply to the nearly limitless number of businesses he wanted to enter and stringent enough to stave off the mediocrity he feared.

Every aspect of the Amazon system amplifies the others to motivate and discipline the company’s marketers, engineers and finance specialists: the leadership principles; rigorous, continuing feedback on performance; and the competition among peers who fear missing a potential problem or improvement and race to answer an email before anyone else.

But in its offices, Amazon uses a self-reinforcing set of management, data and psychological tools to spur its tens of thousands of white-collar employees to do more and more. “The company is running a continual performance improvement algorithm on its staff,” said Amy Michaels, a former Kindle marketer.

As the newcomers acclimate, they often feel dazzled, flattered and intimidated by how much responsibility the company puts on their shoulders and how directly Amazon links their performance to the success of their assigned projects

Company veterans often say the genius of Amazon is the way it drives them to drive themselves. “If you’re a good Amazonian, you become an Amabot,” said one employee, using a term that means you have become at one with the system.

many others said the culture stoked their willingness to erode work-life boundaries, castigate themselves for shortcomings (being “vocally self-critical” is included in the description of the leadership principles) and try to impress a company that can often feel like an insatiable taskmaster.

A 2013 survey by PayScale, a salary analysis firm, put the median employee tenure at one year, among the briefest in the Fortune 500

To prod employees, Amazon has a powerful lever: more data than any retail operation in history. Its perpetual flow of real-time, ultradetailed metrics allows the company to measure nearly everything its customers do:

Amazon employees are held accountable for a staggering array of metrics, a process that unfolds in what can be anxiety-provoking sessions called business reviews, held weekly or monthly among various teams. A day or two before the meetings, employees receive printouts, sometimes up to 50 or 60 pages long, several workers said. At the reviews, employees are cold-called and pop-quizzed on any one of those thousands of numbers.

Ms. Willet’s co-workers strafed her through the Anytime Feedback Tool, the widget in the company directory that allows employees to send praise or criticism about colleagues to management. (While bosses know who sends the comments, their identities are not typically shared with the subjects of the remarks.) Because team members are ranked, and those at the bottom eliminated every year, it is in everyone’s interest to outperform everyone else.

many workers called it a river of intrigue and scheming. They described making quiet pacts with colleagues to bury the same person at once, or to praise one another lavishly. Many others, along with Ms. Willet, described feeling sabotaged by negative comments from unidentified colleagues with whom they could not argue

The rivalries at Amazon extend beyond behind-the-back comments. Employees say that the Bezos ideal, a meritocracy in which people and ideas compete and the best win, where co-workers challenge one another “even when doing so is uncomfortable or exhausting,” as the leadership principles note, has turned into a world of frequent combat

Resources are sometimes hoarded. That includes promising job candidates, who are especially precious at a company with a high number of open positions. To get new team members, one veteran said, sometimes “you drown someone in the deep end of the pool,” then take his or her subordinates. Ideas are critiqued so harshly in meetings at times that some workers fear speaking up.

David Loftesness, a senior developer, said he admired the customer focus but could not tolerate the hostile language used in many meetings, a comment echoed by many others.

Each year, the internal competition culminates at an extended semi-open tournament called an Organization Level Review, where managers debate subordinates’ rankings, assigning and reassigning names to boxes in a matrix projected on the wall. In recent years, other large companies, including Microsoft, General Electric and Accenture Consulting, have dropped the practice — often called stack ranking, or “rank and yank” — in part because it can force managers to get rid of valuable talent just to meet quotas.

Molly Jay, an early member of the Kindle team, said she received high ratings for years. But when she began traveling to care for her father, who was suffering from cancer, and cut back working on nights and weekends, her status changed. She was blocked from transferring to a less pressure-filled job, she said, and her boss told her she was “a problem.” As her father was dying, she took unpaid leave to care for him and never returned to Amazon.

“When you’re not able to give your absolute all, 80 hours a week, they see it as a major weakness,” she said.

A woman who had thyroid cancer was given a low performance rating after she returned from treatment. She says her manager explained that while she was out, her peers were accomplishing a great deal. Another employee who miscarried twins left for a business trip the day after she had surgery. “I’m sorry, the work is still going to need to get done,” she said her boss told her. “From where you are in life, trying to start a family, I don’t know if this is the right place for you.”

A woman who had breast cancer was told that she was put on a “performance improvement plan” — Amazon code for “you’re in danger of being fired” — because “difficulties” in her “personal life” had interfered with fulfilling her work goals. Their accounts echoed others from workers who had suffered health crises and felt they had also been judged harshly instead of being given time to recover.

Amazon retains new workers in part by requiring them to repay a part of their signing bonus if they leave within a year, and a portion of their hefty relocation fees if they leave within two years.

In interviews, 40-year-old men were convinced Amazon would replace them with 30-year-olds who could put in more hours, and 30-year-olds were sure that the company preferred to hire 20-somethings who would outwork them. A

“One time I didn’t sleep for four days straight,” said Dina Vaccari, who joined in 2008 to sell Amazon gift cards to other companies and once used her own money, without asking for approval, to pay a freelancer in India to enter data so she could get more done. “These businesses were my babies, and I did whatever I could to make them successful.”

Recruiters, though, also say that other businesses are sometimes cautious about bringing in Amazon workers, because they have been trained to be so combative. The derisive local nickname for Amazon employees is “Amholes” — pugnacious and work-obsessed.

By the time the dust settles in three years, Amazon will have enough space for 50,000 employees or so, more than triple what it had as recently as 2013.

just as Jeff Bezos was able to see the future of e-commerce before anyone else, she added, he was able to envision a new kind of workplace: fluid but tough, with employees staying only a short time and employers demanding the maximum.

“Amazon is driven by data,” said Ms. Pearce, who now runs her own Seattle software company, which is well stocked with ex-Amazonians. “It will only change if the data says it must — when the entire way of hiring and working and firing stops making economic sense.”

89 percent of Democrats described themselves as concerned that intervention in Iraq and Syria “will lead to a long and costly involvement there.”

Mrs. Clinton resisted disavowing her original vote for the war for a long time and as secretary of state pressed for a muscular approach to the world.

At first, the president seemed to lean more toward Mrs. Clinton’s view, if not entirely, as with the 2009 Afghan troop surge. But the war in Libya in 2011 proved a turning point. After his reluctant approval of airstrikes left a fractured country, Mr. Obama soured even more on intervention.

For his part, Mr. Biden could point to Libya as a case study in the perils of Mrs. Clinton’s brand of American meddling in the conflicts of other countries. She might argue that she favored a more expansive involvement than that taken by the administration, which all but washed its hands after Qaddafi’s death, but the terrorist attack on a diplomatic compound in Benghazi has become an enduring political liability for her.

Hegel’s probing account means to show is that the defender of holier-than-thou virtue and the self-interested Wall Street banker are making the same error from opposing points of view.  Each supposes he has a true understanding of what naturally moves individuals to action.  The knight of virtue thinks we are intrinsically good and that acting in the nasty, individualist, market world requires the sacrifice of natural goodness; the banker believes that only raw self-interest, the profit motive, ever leads to successful actions.

Both are wrong because, finally, it is not motives but actions that matter, and how those actions hang together to make a practical world.  What makes the propounding of virtue illusory — just so much rhetoric — is that there is no world, no interlocking set of practices into which its actions could fit and have traction: propounding peace and love without practical or institutional engagement is delusion, not virtue.

Conversely, what makes self-interested individuality effective is not its self-interested motives, but that there is an elaborate system of practices that supports, empowers, and gives enduring significance to the banker’s actions.  Actions only succeed as parts of practices that can reproduce themselves over time.  To will an action is to will a practical world in which actions of that kind can be satisfied — no corresponding world, no satisfaction.  Hence the banker must have a world-interest as the counterpart to his self-interest or his actions would become as illusory as those of the knight of virtue.

Actions are elements of practices, and practices give individual actions their meaning. Without the game of basketball, there are just balls flying around with no purpose.  The rules of the game give the action of putting the ball through the net the meaning of scoring, where scoring is something one does for the sake of the team.   A star player can forget all this and pursue personal glory, his private self-interest.  But if that star — say, Kobe Bryant — forgets his team in the process, he may, in the short term, get rich, but the team will lose.  Only by playing his role on the team, by having an L.A. Laker interest as well as a Kobe Bryant interest, can he succeed.

Every account of the financial crisis points to a terrifying series of structures that all have the same character: the profit-driven actions of the financial sector became increasingly detached from their function of supporting and advancing the growth of capital.  What thus emerged were patterns of action which, may have seemed to reflect the “ways of the world” but in financial terms, were as empty as those of a knight of virtue, leading to the near collapse of the system as a whole.  A system of compensation that provides huge bonuses based on short-term profits necessarily ignores the long-term interests of investors. As does a system that ignores the creditworthiness of borrowers; allows credit rating agencies to be paid by those they rate and encourages the creation of highly complex and deceptive financial instruments.  In each case, the actions — and profits — of the financial agents became insulated from both the interests of investors and the wealth-creating needs of industry.

Nothing but fierce and smart government regulation can head off another American economic crisis in the future.  This is not a matter of “balancing” the interests of free-market inventiveness against the need for stability; nor is it a matter of a clash between the ideology of the free-market versus the ideology of government control.  Nor is it, even, a matter of a choice between neo-liberal economic theory and neo-Keynesian theory.  Rather, as Hegel would have insisted, regulation is the force of reason needed to undo the concoctions of fantasy.

To be soaked in materialism, to directly and indirectly champion it, has also brought guilt. I don’t know if I have a right to the vast quantities of materials and energy I consume in my daily life. Even if I thought I did, I know the planet cannot bear my lifestyle multiplied by 7 billion individuals. I believe this understanding is shared, if only subconsciously, by almost everyone in the Western world.

Every last trifle we touch and consume, right down to the paper on which this magazine is printed or the screen on which it’s displayed, is not only ephemeral but in a real sense irreplaceable. Every consumer good has a cost not borne out by its price but instead falsely bolstered by a vanishing resource economy. We squander millions of years’ worth of stored energy, stored life, from our planet to make not only things that are critical to our survival and comfort but also things that simply satisfy our innate primate desire to possess. It’s this guilt that we attempt to assuage with the hope that our consumerist culture is making life better—for ourselves, of course, but also in some lesser way for those who cannot afford to buy everything we purchase, consume, or own. When that small appeasement is challenged even slightly, when that thin, taut cord that connects our consumption to the nameless millions who make our lifestyle possible snaps even for a moment, the gulf we find ourselves peering into—a yawning, endless future of emptiness on a squandered planet—becomes too much to bear.