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Archive for January 22nd, 2008

you gotta watch yr metaphors, helicopter ben

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Lots of ill-omen and bad-history to navigate in our lexical sea…

It’s interesting to note that in the original speech which earned Bernanke his handle, he discusses both the helicopter drop of broad-based tax cuts and the possibility of governmental investment (unto even nationalization of assets?) as possible remedies to a deflationary spiral. But no one ever calls him Comrade Ben – I wonder why not.

Written by adswithoutproducts

January 22, 2008 at 11:19 am

Posted in markets, metaphor

writers (lefters?) block

with 5 comments

Nothing new, I suppose.

My opinion is that the left is not able to offer a true alternative
to global capitalism. Yes, it is true that ‘capitalism will not be
around for ever’ (it is the advocates of the new politics of resistance
who think that capitalism and the democratic state are here to stay);
it will not be able to cope with the antagonisms it produces. But there
is a gap between this negative insight and a basic positive vision. I
do not think that today’s candidates – the anti-globalisation movement
etc – do the job.

So what are we to do? Everything possible (and
impossible), just with a proper dose of modesty, avoiding moralising
self-satisfaction. I am aware that when the left builds a protest
movement, one should not measure its success by the degree to which its
specific demands are met: more important than achieving the immediate
target is the raising of critical awareness and finding new ways to
organise. However, I don’t think this holds for protests against the
war in Iraq, which fitted all too smoothly the space allotted to
‘democratic protests’ by the hegemonic state and ideological order.
Which is why they did not, even minimally, scare those in power.
Afterwards, both government and protesters felt smug, as if each side
had succeeded in making its point.

I agree, I guess. But maybe we need to enter into a pact to sit quietly and not speak or write until we’ve come up with even the tiniest “basic positive vision.” Wovon man nicht sprechen kann, at least at the moment, etc etc.

Written by adswithoutproducts

January 22, 2008 at 8:55 am