Wherever the standard of freedom and independence has been or shall be unfurled, there will be America’s heart, her benedictions, and her prayers. But she goes not abroad in search of monsters to destroy. She is the well-wisher to the freedom and independence of all. She is the champion and vindicator only of her own. She will recommend the general cause by the countenance of her voice, and by the benignant sympathy of her example.
—John Quincy Adams, July 4, 1821.
The West’s tragedy of capital
Here’s a crash course on global finance 2.0. The debt is in the Atlanticist, wealthy North. The resources are in the global South. And the (reluctant) supreme banker of the last resort is the Middle Kingdom, as personified by the Almighty Hu (Jintao).
The name of the game - Marx revisited by Occupy the World - is class struggle. It’s casino capitalism, aka finance turbo-neoliberalism, as practiced by a liquid modernity elite of one per cent, versus the have-a-little-something, have-nots and have-nothing, aka the 99 per cent.
There could not be a more graphic demonstration than last week’s Greek tragedy takeover of the Cannes debt festival of Slavoj Zizek’s thesis that the marriage of capitalism and democracy is over.
Monteverdi - Lamento della ninfa
Piano Trio In E Flat, Op. 100 - Franz Schubert
Barry Lyndon (Stanley Kubrick, 1975)
Arguably one of Kubrick’s best scenes ever—-the impish Lord Bullingdon fumbling with a pistol.
The dialogue:'Lord Bullingdon cock your pistol ...and prepare to fire.'
Lord Bullingdon: Sir Richard, this pistol must be faulty.
I must have another one. Sir Richard: I'm sorry, Lord Bullingdon, but you must
first stand your ground and allow Mr. Lyndon his turn
to fire. Sir Richard: Your pistol has fired, and that counts as
your shot. Sir Richard: Mr. Lyndon, are the rules of firing clear
to you? Redmond Barry: Yes. Sir Richard: Lord Bullingdon...are you ready to
receive Mr. Lyndon's fire? Lord Bullingdon: Yes. Sir Richard: Very well, then, Mr. Lyndon cock your
pistol and prepare to fire. Sir Richard: Are you ready, Lord Bullingdon? Sir Richard: Is your pistol cocked, Mr. Lyndon? Redmond Barry: Yes. Sir Richard: Then prepare to fire. One...two.... [Barry feels sorry for the mere child and fires
into the ground.] Sir Richard: Lord Bullingdon, in view of Mr.
Lyndon having fired into the ground do
you now consider that you have received
satisfaction? Lord Bullingdon: I have not received
satisfaction. [Lord Bullingdon prepares to take another
shot at Redmond.]
Sir Richard: Mr. Lyndon, are you ready? Redmond Barry: Yes. Sir Richard: Lord Bullingdon...cock your
pistol and get ready to fire.