More than a feeling

Brooklyn: A Personal Memoir
With the Lost Photographs of David Attie
by Truman Capote
Let this be the last election in which Republicans are allowed to vote against people voting. To win office, you must be required to win more votes, rather than suppress or decrease the number of voters. The only way to be prepared to govern – not reinforce your advantages, not reward your nests or feather your friends, however the saying goes. Unfettered capitalism has done more to undermine capitalist systems than an army of Engelses and a brigade of Marxes. Speaking of whom, To the Finland Station:

“To the Finland Station” is different. The structure is simple: the decline of the bourgeois revolutionary tradition after the French Revolution, as Wilson sees it reflected in the writings of Jules Michelet, Ernest Renan, Hippolyte Taine, and Anatole France; the emergence of revolutionary socialism, seen through the writings of Saint-Simon, the communitarians Charles Fourier and Robert Owen, and Marx and Engels; the triumph of Communism, illustrated by the careers of Lenin and Trotsky. There are things Wilson minimized that would have complicated this narrative: the persistence of a non-Communist socialist ideal in Western Europe; the liberal tradition in Russian politics (to which Nabokov’s father belonged); the success and failure of the Mensheviks, of whom Wilson did not make much. And, of course, if the book were being written now, the vicious side of Marxist and Leninist thought, mostly a subtext in Wilson’s account, would guide the narrative, and the story would touch down in Siberia or Berlin rather than at the Finland Station.

But we don’t read “To the Finland Station” as a book about the Russian Revolution anymore. What draws us now is the subtitle: “A Study in the Writing and Acting of History.” History is the true subject of Wilson’s book, and what he evokes is what it felt like to believe—as Vico and Michelet, Fourier and Saint-Simon, Hegel and Marx, Lenin and Trotsky all believed—that history holds the key to the meaning of life. The evocation is successful because when Wilson began writing “To the Finland Station” he believed in history, too. He thought that history had a design, and that the Depression was an event fully comprehensible within the context of that design: it was the long-predicted collapse of the capitalist order. “To the Finland Station” is valuable as a window on the nineteenth century, but it is also a poignant artifact of the nineteen-thirties, a time when many people thought that history was something you could get on the right side or the wrong side of. It was an idea indistinguishable from faith, and Marx was one of its prophets.

It’s a dirty foul that American school kids don’t learn about Jules Michelet. We must get beyond this aversion to learning about certain histories, be it socialism or the 1619 project, whatever. The less you know, well, the less you know and suddenly another Trump falls off the turnip truck yesterday and the corporate types get summoned to the cut of his jib, obscuring the more accurate assessments, ‘something just ain’t right with that boy.’

Image by David Attie, 1959, from the NYRB

Not exactly the smoothest criminal but perhaps the one we deserve

Apologies to Mr. Jackson, but let’s introduce Mr. Mencken of 1920:

As democracy is perfected, the office represents, more and more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day the plain folks of the land will reach their heart’s desire at last, and the White House will be adorned by a downright moron.

Brought you courtesy of Mr. Harriot:

He has become the world’s most powerful man in the world’s most powerful country through a system that rewards white men for being white men. He has no particular intelligence or expertise, yet he has convinced his poor Caucasian co-conspirators that the only way they can succeed is by placing their foot on the neck of the people who don’t look like them. The brown people. The black people. The non-Christians.

Isn’t that the most American idea of them all?

Good grief. Okay, I get it. Green – young, inexperienced. Naive. Wet behind the ears. Easily fooled.

Uncle.

Pocket Change

It’s funny, and not ha-ha, but so many people (and you’re related to at least a few of them) spend so much time keeping up with stock market numbers, rises and falls in the Dow, the price of gold other such particularly ridiculous prisms through which to see the world that when you hear/read someone talking sensibly about the the absurd way this “system” is treated and treats itself it can be, well, refreshing.

A federal judge angrily blocked Citigroup’s proposed $285 million settlement over the sale of toxic mortgage debt, excoriating the top U.S. market regulator over how it reaches corporate fraud settlements.

Rakoff called the Citigroup accord too lenient, noting that the bank was charged only with negligence, neither admitted nor denied wrongdoing, and could avoid reimbursing investors for more than $700 million of losses. Private investors cannot bring securities claims based on negligence.

“If the allegations of the complaint are true, this is a very good deal for Citigroup; and, even if they are untrue, it is a mild and modest cost of doing business,” the judge wrote.

The judge basically told the SEC and Citigroup to shove it, interrupting one of the very commonplace, move-along, nothing-to-see-here disgraces taking up valuable time in courthouses across the country. The settlement without any admission of guilt is one of the more nefarious innovations to ever come along, allowing companies to pay their way out of crimes, prep the memory hole and begin the process again as soon as possible. It’s all too cozy, and no one seems to notice anymore. There are no business reporters who take the side of anything but corporations and business. It’s amazing but even a judge paying attention realized that the wash was still dirty after this rinse cycle and decided to plop the whole load back in the machine, hopefully this time with some bleach.  They still continue to call the aggrieved parties ‘investors’ as though it’s somehow the ultimate distinction. It’s really just a description of people who deserve to be ruled by corporations.