Thursday, January 17, 2008

the vulnerable self


Two blogs have commented on LI’s latest posts. My so called Midlife Crisis writes:

“… LI looks at the reason/emotion split (aka mind/body dualism) through the lens of an essay by William Hazlitt, and finds it wanting. LI interprets Hazlitt to posit that imagination is implicated in decisions and consciousness as much as reason (mind) and emotion (body), and teases out the following moral implication: [quoting me talking about Hazlitt]…

This account of "imagination" leaves it a metaphysical entity (although I don't know if Hazlitt's idea of reason devolved upon a metaphysical mind or the physical brain) and as it is not a satisfactory one for modern science. Still, the analysis of imagination as being neither reason nor emotion and its necessity for decision and action indicates a problems with mind/body dualism.”


Praxis asks some questions, in a longer post, about my whole project and its relationship to Freud. Specifically, how does psychoanalysis, with its use of the pleasure principle, fit in to the rise of a happiness ethic, conditioned by a political economy that justifies itself in terms of a pleasure calculus?

“On the one hand psychoanalysis (by which I basically mean Freud, I’m afraid) is totally aligned with utilitarianism. Just as much as Bentham, or Mill, Freud sees the human mind as a mechanism for maximising pleasure. Arguably the most basic principle of psychoanalysis is the dominance of the pleasure principle – at least until we get to the watershed moment of ‘Beyond the Pleasure Principle’, and even that classic text does not straightforwardly reject this doctrine. One way to understand Freud’s project (probably not the best way, but one way) is as an attempt to appropriate for happiness culture even human behaviours that seem, at first glance, the most obvious counterexamples to the idea of pleasure-maximising individuals. So you think we maximise utility? What about masochists? What about depressives? Ah – well –they may not appear to maximise utility; but if we have a sufficiently complex and involuted theory of the emotions, even these self-destructive behaviours can be understood in terms of the dominance of the pleasure principle…

But of course there’s another side to Freud’s work. By seeing masochism, hysteria, obsession, and so on, as products of the same forces that generate even ‘normal’ mental functioning, Freud changes our understanding of normal mental functioning. The pathologies Freud analyses come to be seen as implicated in almost every element of mental life. Morality is analysed in terms of the conflict between the superego and the unconscious; but since the superego is a product of the very desires it represses, psychoanalysis makes it impossible to separate the rational mental functioning of the ethical individual from the irrational animal forces the individual suppresses and rejects. And this in turn is connected to one of the strangest and most productive difficulties in Freud. Having decided that pleasure-maximisation is the basic principle of our psychic life, Freud then gives such weight to apparent deviations from this pleasure-maximisation, that the deviations come to be inseparable from his understanding of pleasure-maximisation itself. This is why Freud starts developing doctrines like ‘primary masochism’ and the ‘death drive’. As Freud goes ever further into his speculative introspective studies, he asks the questions ‘what is pleasure?’, ‘what is it to maximise pleasure?’. And he finds that the maximisation of pleasure is guided by the very forces that appear to destroy pleasure.”


LI of course wrote some comments on their sites, but the comments, which appeared to me, as they were streaming out of the keyboards, to be exemplars of clarity and good sense, appeared, upon a colder reading, to be farragoes of obscurity.

So, here’s a comment on those comments, although it will be a bit oblique. Both comments are about the self. This may explain a little more what I am doing with Hazlitt. If I’ve been obscure, it may be because I haven’t made clear what it is I take Hazlitt’s central insight to be. It is, this insight, that utilitarianism both exposes and empties the self. I am using Hazlitt as symptomatic of a romantic protest against the most advanced ideological formulation of the system of production that was being put in place in England, and, to a lesser extent, in Europe and the U.S. This exposure and emptying is the white magic of capitalism, the shell game played over and over in all its vaults. Exposed as a single unit thrust out of nature and society, and emptied, at the same time, of all determinants except that of calculating pleasure, the self becomes a roll of the pleasure/pain dice; and even here we have not finished our reducing work, since pleasure is much to big a thing to be enrolled in the calculus as it is, in all its phenomenological splendor – rather, it becomes something much simpler: the aggrandizement function. Pleasure is simply more. Already, Kant had spotted the problems with this idea in his essay on Negative values – as I’ve pointed out – since firstly, to assign negative and positive values to pain and pleasure doesn’t orient us when we deal with feelings in which those two poles are intrinsically mixed, and – dynamically – it doesn’t work to state the course or feeling of the overall sensorium – I may have pain doing x amount of work, and receive money for it that gives me y amount of pleasure, but the ys are never going to abolish or in any way combine with the pains – and more than that, the quantities here don’t track any real genesis – the pain, in other words, doesn’t give birth to the pleasure. The utilitarians saved themselves from Kantian strictures by way of vagueness and analogy. We do, after all, make some calculations – is it worth going out to the car and going to the store tonight to buy milk? Do I want to expend so much effort, x, to achieve some objective, y? We, in other words, have a calculative like feeling about the future. Since we negotiate those feelings and perform those actions, decreeing that we are actually calculating hedonically might seem uncontroversial, even though we are calculating over non-discrete units.

Now, Hazlitt’s vision of hell was that legitimacy – the aristocratic/great bourgeois power that ruled Britain and Europe following the downfall of Napoleon – and utilitarianism, which insisted on this algorithmic sense of the self, would combine. This hell prefigures the radical critiques of the 1848 generation, like Marx and Herzen. As I pointed out earlier, I’m interested in the fact that there were roughly three class defined oppositional stances to the happiness ethic that was coming into being in the nineteenth century, and that they, sharing this oppositional attitude, produced tropes, ideas and examples that, in a sense, communicated with each other.
One further note, re Hazlitt’s larger point: the utilitarian self that he feared was defined in its surrender to pleasure, but the pleasure principle here, being defined simply in terms of more created a paradox Hazlitt plays against, but does not find the key to: the strange contempt of the utilitarians for mere pleasure. This pleasure, pleasure with a content – volupte – the sweetness of life – they scorned as useless. In fact, it made them angry – and that anger has branched out and lives in multiple niches in the happiness culture.

Wednesday, January 16, 2008

Double Indemnity


"Anonymous: I am a new respondent but have read the column for a long time. I believe that you are a natural born teacher turned columnist. Would you please explain at greater length and in more detail the last three paragraphs of today's column. The nest shoe to drop you call credit default swaps but I would like a more detail understanding and how they could trigger a financial chain reaction.

Steven Pearlstein: This is a hard one, and I worked long and hard on those three paragraphs last night. Let's just say there is this huge financial market you don't even know about where banks and hedge funds and big investors make bets with each other, in the form of contracts: A pays B $100 to "insure" that $10,000 worth of junk bonds at Company C don't default. If they do default, then B pays A $10,000. Now what makes this interesting is that A doesn't actually have to hold the junk bond (or the CDO, or the syndicated bank loan, or the municipal bond, all of which can be the subject of credit default swaps). It can buy the insurance, or place the bet, whether it owns it or not. Which is why the market is so big, because there can be, theoretically, an infinite number of insurance policies on every bond or loan."

NEFF
Office memorandum, Walter Neff to
Barton Keyes, Claims Manager. Los
Angeles, July 16th, 1938. Dear Keyes:
I suppose you'll call this a
confession when you hear it. I don't
like the word confession. I just
want to set you right about one thing
you couldn't see, because it was
smack up against your nose. You think
you're such a hot potato as a claims
manager, such a wolf on a phoney
claim. Well, maybe you are, Keyes,
but let's take a look at this
Dietrichson claim, Accident and Double
Indemnity. You were pretty good in
there for a while, all right. You
said it wasn't an accident. Check.
You said it wasn't suicide. Check.
You said it was murder. Check and
double check. You thought you had it
cold, all wrapped up in tissue paper,
with pink ribbons around it. It was
perfect, except that it wasn't,
because you made a mistake, just one
tiny little mistake. When it came to
picking the killer, you picked the
wrong guy, if you know what I mean.
Want to know who killed Dietrichson?
Hold tight to that cheap cigar of
yours, Keyes. I killed Dietrichson.
Me, Walter Neff, insurance agent, 35
years old, unmarried, no visible
scars --
(He glances down at
his wounded shoulder)
Until a little while ago, that is.


After bond fund giant Pimco's Bill Gross gave a back-of-the-envelope estimate of a possible $250 billion in losses resulting from the impact of deteriorating corporate credit and bond defaults on the $45 trillion (notional amount) credit default swaps market, other commentators have been making improved (but still quick and dirty) calculations.


It began last May. About the end of May, it was. I had to run out to
Glendale to deliver a policy on some
dairy trucks. On the way back I
remembered this auto renewal on Los
Feliz. So I decided to run over there.
It was one of those Calif. Spanish
houses everyone was nuts about 10 or
15 years ago. This one must have
cost somebody about 30,000 bucks --
that is, if he ever finished paying
for it.


"Monolines write insurance on debt. But here is the trick. Entities with a worse credit rating than the monoline company can get their bonds insured so that they can have the same rating as the insurance company itself (mostly AAA). So relatively poor-quality debt becomes investment-quality debt because the monoline will pay the interest and principal if the borrower defaults.

This business model is self-limiting, some might say self-destructing! The monolines’ balance sheets fill up with poor-quality debt as the monoline insures only the risk of debt with a worse financial quality than itself. As long as the ratings agencies maintain the monolines’ AAA rating, the trick can work.

But eventually, the market may decide that the poor quality of the debt the monoline insures has irreparably eroded the quality of its own balance sheet. Once that happens, the monolines’ guarantees are worthless and the debt it insures will be downgraded ...

If the monoline guarantees on bonds and credit derivatives were to be removed, the rule of thumb is that every 1 per cent decline in the price of insured bonds would give rise to $10bn of losses on bond portfolios elsewhere in the system. We estimate bond portfolio losses of $150bn-200bn were this to happen ...

Much of this pain (loss) would have to be absorbed through the CDS markets as additional losses to the cost of defaults. Also, the decline in credit quality would also hit CDS prices to the tune of about $40bn-$50bn. In total, we estimate that global losses in CDS markets and the underlying credits they insure would be $365bn-$425bn."


NEFF
For instance, we're writing a new
kind of fifty percent retention
feature in the collision coverage.

Phyllis stops in her walk.

PHYLLIS
You're a smart insurance man, aren't
you, Mr. Neff?

NEFF
I've had eleven years of it.

PHYLLIS
Doing pretty well?

NEFF
It's a living.

PHYLLIS
You handle just automobile insurance,
or all kinds?

She sits down again, in the same position as before.

NEFF
All kinds. Fire, earthquake, theft,
public liability, group insurance,
industrial stuff and so on right
down the line.

PHYLLIS
Accident insurance?

NEFF
Accident insurance? Sure, Mrs.
Dietrichson.

His eyes fall on the anklet again.

NEFF
I wish you'd tell me what's engraved
on that anklet.

PHYLLIS
Just my name.

NEFF
As for instance?

PHYLLIS
Phyllis.

NEFF
Phyllis. I think I like that.

PHYLLIS
But you're not sure?

NEFF
I'd have to drive it around the block
a couple of times.

PHYLLIS
(Standing up again)
Mr. Neff, why don't you drop by
tomorrow evening about eight-thirty.
He'll be in then.

NEFF
Who?

PHYLLIS
My husband. You were anxious to talk
to him weren't you?

NEFF
Sure, only I'm getting over it a
little. If you know what I mean.

PHYLLIS
There's a speed limit in this state,
Mr. Neff. Forty-five miles an hour.

NEFF
How fast was I going, officer?

PHYLLIS
I'd say about ninety.



So far, the banking industry has revealed about $65 billion in writedowns for the fourth quarter -- a figure that could climb higher as more results pour in over the next couple weeks. That's more than Bill Gates is worth, higher than the gross domestic product of Bangladesh, and equivalent to nearly 3 percent of the entire U.S. housing market.


PHYLLIS
I want to ask you something, Mr.
Neff. Could I get an accident policy
for him -- without bothering him at
all?

NEFF
How's that again.

PHYLLIS
That would make it easier for you,
too. You wouldn't even have to talk
to him. I have a little allowance of
my own. I could pay for it and he
needn't know anything about it.

NEFF
Wait a minute. Why shouldn't he know?

PHYLLIS
Because I know he doesn't want
accident insurance. He's superstitious
about it.

NEFF
A lot of people are. Funny, isn't
it?

PHYLLIS
If there was a way to get it like
that, all the worry would be over.
You see what I mean, Walter?

NEFF
Sure. I've got good eyesight. You
want him to have the policy without
him knowing it. And that means without
the insurance company knowing that
he doesn't know. That's the set-up,
isn't it?

PHYLLIS
Is there anything wrong with it?

...

PHYLLIS
What's the matter?

NEFF
Look, baby, you can't get away with
it.

PHYLLIS
Get away with what?

NEFF
You want to knock him off, don't
you, baby.

PHYLLIS
That's a horrible thing to say!

NEFF
Who'd you think I was, anyway? A guy
that walks into a good-looking dame's
front parlor and says "Good afternoon,
I sell accident insurance on husbands.
You got one that's been around too
long? Somebody you'd like to turn
into a little hard cash? Just give
me a smile and I'll help you collect."
Boy, what a dope I must look to you!

PHYLLIS
I think you're rotten.

NEFF
I think you're swell. So long as I'm
not your husband.

PHYLLIS
Get out of here.

... NEFF'S VOICE
(Over scene)
So I let her have it, straight between
the eyes. She didn't fool me for a
minute, not this time. I knew I had
hold of a redhot poker and the time
to drop it was before it burned my
hand off. I stopped at a drive-in
for a bottle of beer, the one I had
wanted all along, only I wanted it
worse now, to get rid of the sour
taste of her iced tea, and everything
that went with it. I didn't want to
go back to the office, so I dropped
by a bowling alley at Third and
Western and rolled a few lines to
get my mind thinking about something
else for a while.

A-41 DRIVE-IN RESTAURANT - (DAY)

Shooting past Neff sitting behind the wheel of his car The
car hop hangs a tray on the door and serves him a bottle of
beer.

DISSOLVE TO:

A-42 INT. BOWLING ALLEY

Neff bowling. He rolls the ball with an effort at
concentration, but his mind is not really on the game.

DISSOLVE TO:

A-43 EXT. APARTMENT HOUSE - (DUSK)

It is late afternoon. The apartment house is called the LOS
OLIVOS APARTMENTS. It is a six-story building in the Normandie-
Wilshire district, with a basement garage. THE CAMERA PANS
UP the front of the building to the top floor windows, as a
little rain starts to fall.

DISSOLVE TO:

NEFF'S VOICE
(Continuing)
I didn't feel like eating dinner
when I left, and I didn't feel like
a show, so I drove home, put the car
away and went up to my apartment.

...
NEFF'S VOICE
(Continuing)
It had begun to rain outside and I
watched it get dark and didn't even
turn on the light. That didn't help
me either. I was all twisted up
inside, and I was still holding on
to that red-hot poker. And right
then it came over me that I hadn't
walked out on anything at all, that
the hook was too strong, that this
wasn't the end between her and me.
It was only the beginning.

The doorbell rings.

NEFF'S VOICE
(Continuing)
So at eight o'clock the bell would
ring and I would know who it was
without even having to think, as if
it was the most natural thing in the
world.

Neff goes to the door and opens it.

PHYLLIS
Hello.

Neff just looks at her.

PHYLLIS
You forgot your hat this afternoon.

She has nothing in her hands but her bag.

Tuesday, January 15, 2008

Fun and Games on Wall Street

Well, LI is nearly there on the 12,500 prediction - just fifteen days late!
Might as well lay down my prediction for this year, which is a year end unemployment rate of 6 to 6.5. Citi melts down - the congress investigates big bad ball players - John McCain looks forward to the next 100 years of our occupation in Iraq - and it is another day of crackle and pop in these here states!

I can tell it must be bad on Wall Street, as all the gleeful econ-bus blogs that were doing the sarcastic thing over the past month about how bad the financial meltdown really is - making with the black humor jokes - have stopped joking. They are unusually sober. There's an old wives tale that just before you get a heavy rainfall of stockbrokers jumping out of 25th floor windows, there is an uncanny quiet - not a peep from the wheeler dealers, the spinners, the bucketshop boys.

This portends a bad bad year for LI. Which is so sad, since we were going to join the lower middle class this year. But it looks like we will have to keep the sharp eye out for nice shady spots under the interstate. At least, however, we can be thankful that brave but daunted CEOs who dropped the casual three billion here, twenty four billion there - out on the street like so many - still are carrying away those 20 million, 100 million packages with them. But don't worry about their companies - unlimited credit from the government will keep them propped up until the next bubble comes along.

Reason and Imagination - fin

“We fell ill on leaving Madagascar to go to the country of the Whites, people thought of the Whites then as cannibals … We suffered greatly on board ship, particularly from the pitching and rolling that caused us to fall. There was no-one to restrain us, or to sustain us, and more than once we might have fallen into the sea. When we arrived in Great Britain we didn't know the White language, not even a word, and the Whites, for their part, didn't know our language, not even a word.”


In the January, 2007 issue of History Today, Rosie Llewellyn-Jones recounted the story of seven boys from Madagascar who were sent to England to go to school – specifically, Class 1 of the Borough Road School in Southwark in 1821. They were the sons of nobility in the court of Radama I. The King was playing off the English against the French at the time. His larger plan was that the boys would be apprenticed at some point to learn manufacturing, particularly gunpowder manufacturing. In the event, the school they went to was based on a cooperative pedagogical principle that sounds truly awful – the teachers would rely on the older students teaching the younger ones, which seems an open invitation to the worst kind of bullying. But remember, this is Britain in 1821.

When Radama died, he was succeeded by his widow, the famous ‘mad queen’, Ranavalona, who embarked on a vast bloodbath and called the students home. Some of them – notably, a pair of twins – managed to survive the Ravalona years.

It says much for the twins' character, formed by their education, that they were both able to prosper during Ranavalona's reign. Thotoos (whose name was now changed to Raombana) became principal private secretary to the Queen, and a field-marshal in her army. We don't know how they compromised their Christian beliefs, taught them in England, with their duties at home. But the twins had clearly learned an early lesson in survival which stood them in good stead throughout their lives. On his death in 1855, at the early age of forty-six, Raombana left a huge and unfinished Histoire de Madagascar, in three parts: legends and traditions; history; and a journal of contemporary events, written from his privileged position at court. More than 8,000 pages of this work, handwritten on English-made foolscap paper, were inherited by Raombana's son, who distributed them among relatives and friends when he was forced into exile to the island of Reunion in the late nineteenth century after Madagascar became a French colony in 1896 and abolished the Merina monarchy. Only fragments of the great Histoire have been published, and less than 6,000 pages have been identified today.
Britain's influence in Madagascar diminished during the rule of the 'mad queen', when she expelled the missionaries who had founded the schools there at her husband's request. Her son, Radama II (r. 1861-63), flirted with the French, and sold the island's mineral and forest rights to an enterprising French businessman, Joseph-Francois Lambert, in return for royalties to be paid direct to the King's family. There was a brief revival of former British glory during the reign of Queen Ranavalona II (r. 1868-83), who had been educated by the London Missionary Society, and who made Christianity the state religion, encouraging the building of schools and churches. But the French, anxious to enforce the rights won by M. Lambert, invaded the island in 1883. In a pan-African deal which gave it control over Zanzibar, Britain subsequently agreed to recognize France's protectorate over Madagascar in 1890, thus ending its own eighty-year connection. The Merina royal family were exiled to Algeria.

The thing that we call Europe, or the West, or the Developed world – the thing that was undergoing the Great Transformation – was connected by millions of like capillaries to the thing we call the periphery, or the colonies, or the Less Developed world. As we saw with Maître, one of the moments of highest tension in his Considerations on France – a moment in which one of his principle theses, connecting human violence and the divine history program – is announced through the citation of a speech uttered by the King of Dahomey. These ‘visitors’ and imports to the texts that present the protest against the triumph of happiness fall into a pattern – although one should be careful not to code the anti-colonial, or anti-European, with all the progressive virtues, or to find it the site of some ‘resistance’. Hazlitt, in the Reason and Imagination essay, also cites an African king at a crucial juncture. The juncture is about the consequence of choosing a morality that is framed entirely around calculations of consequences. Hazlitt, as his commentators like to point out, took up Adam Smith’s sympathy based morality as the basis for his own theory of moral sense. Along with this morality, Hazlitt took up another eighteenth century theme – one that actually starts with Voltaire – which is the theme of unexpected consequences. He wields this theme as his secret weapon to wreck the utilitarian take over of radicalism. It is a takeover first of all of tone. As Hazlitt noted in another essay, On Egotism, the man who comes into a room and announces that he ‘hates’ poetry puts the person who doesn’t at a momentary disadvantage. The statement of dislike seems to be a considered and superior judgment. Hazlitt makes a very clever analysis of this, one that is taken up (although not, I should say, under the direct influence of Hazlitt) by many writers during the 19th and early 20th century, from Herzen to Proust. They felt, in these common conversational habits, the presence of a greater beast – a specter that haunted Europe:

A man comes into a room, and on his first entering, declares without preface or ceremony his contempt for poetry. Are we therefore to conclude him a greater genius than Homer? No: but by this cavalier opinion he assumes a certain natural ascendancy over those who admire poetry. To look down ujpon anything seemingly implies a greater elevation and enlargement of view than to look up to it. The present Lord Chancellor took upon him to declare in open court that he would not go across the street to hear Madame Catalini sing. What did this prove? His want of an ear for music, not his capacity for anything higher. So far as it went, it only showed him to be inferior to thousands of persons who go with eager expectation to hear her, and come away with astonishment and rapture. A man migh as well tell you he is deaf, and expect you to look at him with more respect. The want of any external sense or organ is an acknowledged defect and infirmity: the want of an internal sense or faculty is equally so, though our self-love contrives to give a different turn to it. We mortify others by throwing cold water on that in which they have an advantage over us, or stagger their opinion of an excellence which is not of self-evident or absolute utility…”

While the utilitarians can manipulate social attitudes, they can’t account for them under their theory. Attitudes atomize into millions of hedonic calculations. Which – to get back to Hazlitt’s Reason and Imagination essay – has a macro effect. It is here that Hazlitt, using the slave trade as his example of a social crime that the utilitarians couldn’t adequately cope with, quotes another African king. Ah, the African kings that march across the pages of European literature – and Persian ambassadors and Chinese sages! Hazlitt mentions the throwing overboard of African slaves like so much lumber that was reported on a ship in 1775, and writes that it is an instance where the instance flashes a light on the whole: “A state of things, where a single instance of the kind can possibly happen withwithout exciting general consternation, ought not to exist for half an hour. The parent, hydra-headed injustice ought to be crushed at once with all its viper brood.” And he goes on to this quote, from the account of an African explorer:

The name of a person having been mentioned in the presence of Maimbanna (a young African chiefain), who was understood by him to have publicaly asserted something very degrading to the general character of Africans, he borke out into violent and vindictive language. He was immediately reminded of the Christian duty of forgiving his enemies; upon which he answerednearly in the following words: - ‘ If a man should rob me of my money, I can forgive him; if a man should shoot at me, or try to stab me, I can forgive him; if a man should sell me and all my family to a slave-ship, so that we should pass all the rst of our days in slavery in the West Indies, I can forgive him; but’ (added he, rising from his seat with much emotion) ‘if a man takes away the character of the people of my country, I never can forgive him.’ Being asked why he would not extend his forgiveness to those who took away the character of the people of his country, he answered: “If a man should try to kill me, or should sell me or my family for slaves, he would do an injury to as many as he might kill or sell; but if anyone takes away the character of Black people, that man injures Black people all over the world; and when he has once taken away their character, there is nothing which he may not do to Black people ever afgter. That man, for instance, will beat Black men, and say, Oh, it is only a Black man, why should not I beat him? That man will make slaves of Black people; forwhen he has taken away their character, he will say, Oh, they are only Black people, why should not I make them slaves? That man will take away all the peole of Africa if he can catch them; and if you ask him, But why do you take away all these people? he will say, Oh, they are only Black people – they are not like White people – why should I not take them? That is the reason why I cannot forgive the man who takes away the character of the people of my country.”

Monday, January 14, 2008

news from the war of mirrors front

Ségolène is hot today

«L’état de grâce s’achève, l’état de disgrâce commence», veut croire Ségolène Royal, qui lâche ses coups: «Le roi s’amuse, vit comme un milliardaire et s’offre même des bijoux de milliardaire.» Face à un Président tour à tour taxé de «désinvolture», d’«improvisation», de «fébrilité», d’«exhibitionnisme» et de «provocation», elle entend «incarner de nouvelles raisons d’agir, d’espérer et d’avancer». Jusqu’au prochain congrès?

“(The state of grace [for Sarkozy] is finished, the state of disgrace begins, opines Ségolène Royal, who unleashes her blows: the king entertains himself, lives like a billionaire, and even gives the jewelry of a billionaire” Against a president reproached turn and turn about with ‘indifference’, ‘improvisation’, ‘general spasticness”, ‘exhibitionism’ and 'provocation', she means to “embody new reasons to act, hope and advance.” Right up to the next convention [of the PS]?”

Sarkozy has been the subject of more admiring press in the Anglosphere than any French figure since Audrey Tatou. This should tell you that there is definitely the stink of a rat about the news. America’s dream of a France plunged even more into the piggery of neo-liberalism is embodied by the man Royal describes well. And, of course, there is the stupid publicity about his rutting habits – which corresponds to the wild misconception the Americans have about the French. Decorum is not a matter of improvisations on the French political scene, as it is in the U.S. I used to think that this was an ace in the hole for the U.S. – I am now not so sure. But to think those can can lovin’ Frenchmen want to see their President act like an aging rock star is pretty much as far from the truth as possible. Oh well. It is the war of mirrors.

ps - ah, for the other side of the mirror, this article by Phillip Blond, apparently a theology prof in England who contributes to the IHT, is a delicious confection of shit and shinola. The thesis is that Sarkozy - the same guy catting around with a pop singer model - may be bringing "high culture" back to Europe. Oh blessed saints above! It is the Tom Wolfe model of world history, where the role of the Absolute Spirit is played by a tough, wise old CEO - with a huge, huge dick, of course, attractive to aaaaall the youngah ladies in the house. These are the times that try men's souls, especially if the souls are stuffed with only so many synonyms for moronic.

Sunday, January 13, 2008

Reason and Imagination 3

About Reason and the Imagination – let’s begin with the beginning image, or similitude, in the essay. It is an overdetermined one – the similitude between the map, which is what the utilitarians go by, versus the picture, or the globe versus the local. Of course, maps are not neutral things:

“They [the theorists] had better confine their studies to the celestial sphere and the signs of the zodiac; for there they will meet with no petty details to boggle at, or contradict their vague conclusions. Such persons would make excellent theologians, but are very indifferent philosophers. To pursue this geographical reasoning a little farther. – They may say that the map of a country or shire for instance is too large and conveys a disproportionate idea of its relation to the whole. And we say that their map of the globe is too small, and conveys no idea of it at all.”

Given these images, one might expect a defense of the local, imagination, against the universal, or reason. Which is why Hazlitt’s moral examples are so interesting – because they are not local. They are not British. They are colonial. In this, Hazlitt is following the Burkian machinery, one in which the sublime and the notion of delight play a key role, that always finds reason in images and images in reason, and that was most at work in the impeachment of Hastings and in the denunciation of the French Revolution. The local, for Burke, was founded on local traditions – and the universal was founded on respecting tradition. Go to the end of this logic and you come to the end of empire – but Burke himself did not find that the egress he sought. Instead, his thought envisions empire as a collusion among elites, which, in fact, was a definite aspect of the British rule in India and elsewhere during the 19th century. Yet Burke’s imagery is more extreme, more suggestive, than this outcome would suggest. It presents, perhaps, a surreptitious ideology, an unconscious one, which is why it is so exciting to read, for instance, Burke’s comment to one of his critical correspondents during the Hastings impeachment, Mary Palmer:

“I have no party in this business, my dear Miss Palmer, but among a set of people, who have none of your lilies and roses in their faces; but who are the images of the Great Pattern as well as you and I. I know what I am doing; whether the white people like it or not.”

Hazlitt is also in pursuit of the Great Pattern, and thinks, contra Burke, that it revealed itself in the French Revolution – taking that to span the time from 1789 to 1815, as Hazlitt does – and that the post 1815 radicalism that he tried to influence has turned towards mere patterning, towards calculations based on self interest in which the self’s intrinsic, internal interest in the self is left out of account. And he is especially wary of the fact that once the self is evacuated, the population of selves can become subject to tests – we can test out policy on them. Javed Majeed, in an essay on James Mill’s attitude towards India which were put into his history of India – one of Hazlitt’s objects of scorn in the Reason and Imagination essay – writes this, in defense of Mill’s feelings concerning empire:

“Furthermore, the tensions in James Mill’s project stem from his ambivalent stance on empire. On the one hand, Mill took an economic view of imperialism in India and argued that the expense of government, administration and wars meant that Britain had not derived any economic benefits from India. In his economic writings, he denied the importance of colonies as markets and stressed that they did not yield any economic benefits. He also argued that colonies served as a source of power and patronage for the ruling elite and were used to perpetuate their position. But Mill’s History was divided between this negative view of contemporary imperialism and the possibilities that empire opened up as the testing ground for new bodies of thought which had emerged in the metropolis and which had as their aim the critique and reform of the establishment in Britain itself.” (Javed Majeed in Utilitarianism and Empire, 96)

At this point, LI has to loop back to our own self.

Years ago, in the bitterly poor winter of 2002, LI did a series of posts about Fitzjames Stephen. At that time, we were still suffering from the afteraffects of the Tech boom delusion, i.e. we were busy trying to make it as a freelance writer. Of the idiotic detours we have taken on the way to the grave, none, none has been as shamefully stupid. Hence, the bitter poverty – there is nothing like gnawing on the bone of your own failure to leave that taste of narcissism gone sour in your saliva. Ah, but we have spent the decade since mumbling that bone! In any case, the point of my 2002 series was to illustrate a thesis, which went like this:

1. in the cold war, a historical myth was coaxed into being by conservative intellectuals;
2. the myth went like this: the whole idea of the managed economy had come, by way of crazy Frenchman, Marx, and that Lucifer, Lenin, from the Soviet Union;
3. so that the idea of managing the economy, which was all the rage among the post-war technocrats, was tainted with the Gulag.

I believed these ideas were bogus. The text that codified this bogosity was Hayek’s Road to Serfdom, with the scary, Russo-suggestive Serf in the title, and Hayek’s unconscious parody of Artaud – the plague came from the East! Instead, the whole of the British imperial enterprise in the nineteenth century, especially the governing of India, was the actual locus of the idea that the state, with the proper technostructure, could manage a society. India’s laws were changed to meet an ideal created by the utilitarianists. Property rights were transformed, the rural economy was monetized, and the sub-continent, in British eyes, bloomed. Of course, British eyes did not see wave after wave of famine; they saw railroads and exports. Such success in setting the rules of the game, under the regime of free trade, made various Indian office intellectuals, and those with whom they were connected, begin to wonder if rational administration couldn’t make capitalism itself more efficient. This idea was divided between the right – Stephen being the first to introduce a colonial authoritarianism back into conservative thinking about governing the home country – and the left, all those Fabians who shuttled back and forth between position papers and jobs in Colonial office.

At the time I was putting this thesis together, I was unaware that large parts of this had already been said before, by Eric Stokes, in his The English Utilitarians in India (1959). I did eventually peruse Stokes, but I didn’t quite get him.

Well, those are our back pages. Useless to burrow back there into the warren of our burrows. I like to think of LI as a sort of roadkill of the Bush era, emitting not just the smell of the dead, but creamed in precisely such a way that one can infer the traffic that ran us over.

In any case, resurrecting my history here, Hazlitt – at the time – did not strike me as the dialogue partner that an anti-imperialist liberalism should take up. Now he does. Which gets us to Hazlitt and the slave trade … that I have still another poky post to go over.

Promoting my academia column in the Austin American Statesman

I was editing away today on a dissertation {and I'm looking for more editing, please!) and forgot that I was supposed to be all about me today. Me, as in I, as in not-you, as in my column in the Austin Statesman on two books: Trying Leviathan by D. Graham Burnett and Lorraine Daston and Peter Galison's groovy Zone book, Objectivity. This is my second column so far, my dearest and nearest, and I'm looking to franchise this baby - gonna send it around to various newspapers in various high ed towns and offer it for peanuts - that is, a week after the statesman publishes it. I'm not sure if this will work, but I'm gonna give it a shot. And if it does work, I'll be your man on the university press beat.

So, did I say Me? Yes. This has been shameless self promotion on the part of LI. Check it out!

PS - here's my editor Jeff's blog post about this.