Generation Bubble
Archive for May, 2010
The Revolution Will Not Be Amortized: Deleveraging the New Age of Populist Rage
One finds it difficult to subscribe to the notion that mere perception can drive a population to revolt, unless, of course, by “perception” Schama has in mind something like the fact that a hunger pang leads to the perception that one’s stomach is empty. Of course, in this instance the perception has an objectively real condition behind it. And so, one can’t thinking, does popular outrage. Things might be improving, to be sure, but the degree to which any of the unruly many have experienced this improvement is, it seems, a co-efficient of his or her proximity to the corridors of power in Washington D.C. or Brussels, or to the City of London, Goldman Sachs or Morgan Chase.
On Stranger Tides: Booms, Doom and Gloom in the Gulf States
Destruction is a difficult thing to anticipate. It tends to catch us unawares, and when it finds us, it comes on like gangbusters. The week I was in Alabama, news of the collapse of the euro started to make its way over the airwaves with alarming frequency. The stock market fell a thousand points in a minute in the now famous and unprecedented “Flash Crash.” Somehow all these things seem connected. And of course they are: they’re just the groans and creaks of a moribund economic and social order. And the symptoms grow ever more acute….
F–k Your Yankee Blue Jeans: The Politics of Consumption East and West
Americans learn that “real things” and “real selves” only exist as potentialities, though we are obligated to always pursue them. We are obligated to be discontented with what we are — to become someone else — and search for our true selves at the same time. Is this in effect any different from the communists’ insistence that the collective took precedence over the self, that the private self didn’t exist? We are never who we are in a consumer society; instead we have an identity defined negatively, by what we lack and what we yearn for and what we fear is being said about what we have and what we display to the world.
Appetite for Obstruction: Fattening Resistance to the Mortgage Crisis
Good ole American-style overeating might just prove the most effective mode of home-foreclosure resistance; because it’s one thing to throw someone out of his house, but to have to cut him out is another thing entirely.
Anton Steinpilz
Rob Horning
Ylajali Hansen
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