Showing posts with label profiteering. Show all posts
Showing posts with label profiteering. Show all posts

Monday, February 4, 2013

Richard III Finally Wins

Skeletal remains found under a parking lot in the British city of Leicester have apparently been confirmed to be those of King Richard III, who was killed at the Battle of Bosworth Field in 1485. Most who have any association at all with the expression "Richard III" will think of Shakespeare's play and the lines "Now is the winter of our discontent made glorious summer by this son of York." Or "My kingdom for a horse!" My favorite has always been Richard's response to Lady Anne:
Lady Anne
... No beast so fierce but knows some touch of pity. 
Gloucester (Richard)
But I know none, and therefore am no beast.
Charlotte Higgins, writing in the UK's Guardian newspaper, raises some doubts about the science and a far more important point about popular science.

Skepticism regarding the validity of the claim that the remains are indeed those of Richard III has nothing at all to do with the more important, genuine issue of what discoveries like this have to do with broader scientific efforts.

I couldn't help noticing that the de facto spokesperson among the scientists on this project just happens to be the most attractive female, Jo Appleby. This is a symptom of a poisonous trend in the sciences — that to be worthy of public support, they must be popular and 'relevant'. The New York Times and the BBC both have pet, pretty scientists who write or host pieces from time to time. What a coincidence that they are so photogenic. Stephen Hawking is also a creature of this phenomenon. How good a scientist he is has less to do with his popularity than the freak-show factor, which brings an audience.

The standard for science today is the American Standard. It must have the potential to drum up millions in funding. We expect private corporations to lust after money and nothing more (though once upon a time, many leading firms had great pure research arms, like Bell Labs decades ago).

The same standard is applied to the arts and more or less every other human effort where once non-profit meant non-profit. Thus we see the absurd success of (con-)artists like Damien Hirst. Or Marc Quinn's gold (22 pounds of gold) statue of Kate Moss first shown at the British Museum. Important museum shows take a back seat to yet another round of Impressionists who will pull in hordes of ticket buyers. University presses like Oxford's or Harvard's, once specializing in books that might no more than five thousand readers, increasingly demand that a book be able to sell at least tens of thousands of copies to be 'worth' publishing.

Everything must be 'monetized' because contemporary culture values money above all things, even money as the only thing.

Friday, January 13, 2012

Scrooge MittRomney vs. The Gingrinch!

Newt Gingrich is going back to his roots with a cannibalistic attack on the Great and Powerful Capitalism! Not clear to me who did this thirty minute video, but the production values are substantial — a very professional job. But what astonishes me is the lusty assault on the Profit-über-alles article of faith. Time and again I've been impressed by the recent willingness of diehard conservatives to lay into their precious darlings of money-making.


If you watch the video, note the repeated of clip of Romney asserting that corporations are people and his sardonic assertion that the profits go to "people." Once again, average Americans reveal far greater insight and awareness of the truth than the oligarchs — someone in the audience hurls back Romney's insult: "In your pocket . . . your pocket!"

The Romney willingness to be combative with people is very reminiscent of Michael Bloomberg's style. It is the style of someone who is unaccustomed to being challenged — a business boss surround by sycophantic yes-men hopeful that sufficient groveling will win them promotion. It is the style of wealthy oligarchs who do not believe in democratic practice. Yet it is these extraordinarily wealthy oligarchs whom Republicans and Democrats alike repeatedly champion for high political office on the grounds that public organizations "should be run like businesses."

Romney champions his role as a "job-creator" at Bain. And how did Romney run things? How did Bain create those jobs (if indeed it did)? What business style did Bain exemplify? What did it produce? It produced not-particularly innovative or inventive financial techniques for squeezing dollars out of firms until there was nothing left, juggling around dollars to enable extraordinary profiteering for managers at the expense of everyone else.

This is the knowledge economy that so many have been bleating about for twenty-some years now. The knowledge found in education, the knowledge found, for example, in American universities (increasingly funded) is indeed a product the US exports, with many thousands of students coming from around the world to attend US schools. But this is not the knowledge economy trumpeted by conservatives. The knowledge they have in mind is financial, the knowledge of a very elaborate shell game or ponzi scheme, the kind that blew apart in 2008 and was promptly restored by our elected officials entirely at our expense — the greatest transfer of wealth from labor to capital. Ever. That is the knowledge economy of Mitt Romney and Newt Gingrich, except for rhetorical purposes when the game of power is afoot.

The game is power. Power comes first. If the dogmas of capitalism conflict with the lust for power, then the dogmas must go. The attacks on Romney are superficial. Ultimately, there is no real conflict. It is a game of which oligarchs will be best represented after November, 2012.