imomus: (Default)
[personal profile] imomus
"There is no money in this town! The whole economy has broken down! Oh, where is the telephone, is here no telephone, oh sir, goddamit, no!" What a great time this is to buy, listen to, and sing along with Robyn Archer's fantastic albums of Bertolt Brecht's theatre songs! These were a huge influence on early Momus; hard, unsentimental, witty, wise, Marxist takes on a 1920s economic collapse everyone's suddenly invoking again.



One of my favourite Archer-Brecht songs is The Solomon Song. The translation sung by Marianne Faithfull misses the point of Brecht's original, which is that assets (the wisdom of Solomon, the beauty of Cleopatra, the courage of Caesar) can suddenly turn into liabilities. The John Willett translation sung by Robyn Archer is much better, ending each verse, and each virtue, with the thought "how fortunate the man with none"! (Lotte Lenya's version is more concise: "Now I thought that brains were good -- guess not!")

Robyn Archer: The Solomon Song (stereo mp3 file)

Like Oscar Wilde before him, Bertolt Brecht had a way of turning simple inversions of received ideas into satirical wit. For Wilde it becomes superficial not to judge by appearances and "evil" becomes a way to explain the curious attractiveness of others. This effect works because the binary divisions of semantics are arbitrary and exaggerated. The more these divisions are repeated, the more a kind of counter-sense builds up, the sense that the opposite is also true and ought to be expressed from time to time. A Wilde or Brecht witticism allows that expression, usually followed by a releasing rush of laughter. Yes, raping a child-bride in her nightie just makes Mack the Knife more roguishly attractive! Liabilities are secretly assets, and assets liabilities.

If these reversals (and the arbitrary, repeated exaggerations of semantic binaries they depend on) thrive in comedy and wit, they also thrive in times of crisis. In a crisis, the received wisdom and habits which once kept everything going have collapsed. Suddenly their opposites rush into the vacuum with the force of suppressed truths. Wow, what we thought were assets were really liabilities! And what we thought were liabilities were really assets!



Recently we've seen that happening to any state unfortunate enough to strike oil, and therefore to be invaded for its oil, or to have no weapons of mass destruction and consequently be invaded for having weapons of mass destruction, while those with them are tiptoed around. Or you could see it in the financial meltdown, where people with money in the bank are now faced with the prospect that it might not always be there (and not because they take it out, either). Robert Peston, blogging for the BBC News website, says: "There is a widespread perception that the £35,000 limit to deposit protection in the UK is inadequate - and that it makes our banks more at risk of a run on retail deposits."

They're talking about a run on retail deposits -- normal, everyday bank accounts -- on the BBC website! We really are entering a looking glass world, one where even the firmest certainties of former times are reversed. If having money in the bank is no longer a sure thing, neither is owning property, currently losing its value faster than you can keep up your ludicrously over-inflated mortgage payments.



Those of us who've owned nothing for years are, at this point, feeling slightly vindicated. Especially those of us who moved to Berlin, attracted precisely by the city's appalling problems -- the fact that it's as broke and as out-of-work as we are. Berlin isn't just the city at the heart of the Weimar Republic our own civilisation is starting to resemble (celebrated by Brecht as The Rise and Fall of the City of Mahagonny), it's also a city whose liabilities -- in the form of poverty, unemployment, empty buildings -- are, from a certain point of view, its greatest assets.

Here's comic novelist Julian Gough -- a Berlin acquaintance, and one of the sharpest, quickest-minded people I've ever met -- being interviewed last year on an Irish TV show. Julian talks in this clip about why Berlin's liabilities are assets for artists, why it's good for artists to have no money, and how he saw all along that Irish property was absurdly overvalued (he compares the collective delusions of the popped property bubble to Scientology):

[Error: unknown template video]

Like Wilde before him, Julian Gough is unrelentingly paradoxical throughout his Late Show interview. He says he's more qualified to write about Ireland because he doesn't live there (exactly the reason I'm currently writing about Scotland, by the way), he says being poor and unemployed is better than being rich, he says the unemployed man's time -- properly calculated -- is worth more than an employer could afford, he says houses aren't worth the prices paid for them, and he imagines priests being seduced by children rather than vice versa (an inversion first seen in Freud's Seduction Theory). Gough also wears a long scarf that not only trails the ground, but breaks all the rules for ground-trailing garments by being show-up-the-dirt-white.

[Error: unknown template video]

These inversions aren't just the prerogatives of the wit and the provocateur. They're also the essence of the license accorded the Shakespearean fool, the one allowed to be mad and, in so being, to be sane; to tell lies and, in so doing, to tell the truth. The fool above is from Peter Brook's film of King Lear. Normally the fool is just background noise, a song and dance man. But in times of crisis he changes places with the king, and his madness becomes the new sanity; in King Lear, the crisis sees the king becoming the mad one and, in becoming mad, sane. We may be in such a time now; a time in which paradoxical fools are suddenly right, and former kings and bankers wander the wilderness, mumbling to themselves.

(no subject)

Date: 2008-10-01 02:40 pm (UTC)
From: (Anonymous)
You're making my point for me. You gained a great deal from living your life as you did (and still do) and your achievements and relationships are vindication enough. You sometimes seem to want financial vindication for all your choices as well. I can understand if that manifests itself as a desire for more CD sales because that's just part and parcel of wanting more people to appreciate your work. I just can't understand why you want to convince yourself that your accommodation choices have also been financially vindicated.

Incidentally, you could have got a mortgage while on the dole. I know because I did- you don't get if you don't ask! Banks were lending then just as they did recently - against what they (wrongly) thought was the value of the property rather than the borrower's personal credit.

(no subject)

Date: 2008-10-01 02:45 pm (UTC)
From: [identity profile] imomus.livejournal.com
I just can't understand why you want to convince yourself that your accommodation choices have also been financially vindicated.

I would only argue that if "financial" was widely-enough defined to include the non-financial: the word shades off into quality of life issues, use-value rather than exchange-value, and existential issues -- how we live.

I think it's a mistake (one that enormous numbers of people make) to say that financial decisions are "only financial" -- that you can somehow seal them off from other parts of your life. You can't, and Julian is right to say that it's almost impossible to be free and have money (though, again, most people seem to think that the reverse is impossible; to be free without money).

(no subject)

Date: 2008-10-01 03:04 pm (UTC)
From: (Anonymous)
The fact that you were on the dole and getting the council to pay the rent on your splendid Chelsea pied-à-terre doesn't mean there was no cost involved, merely that there was no cost to you. No, you weren't slogging away in an office, but you were being subsidised by those who were. Now, I'm all in favour of people like you getting some sort of subsidy, but let's not forget that such a lifestyle still requires wealth generation - if not by you then by somebody...

(no subject)

Date: 2008-10-01 04:06 pm (UTC)
From: (Anonymous)
Again, that's my point. I wanted to make it because you raised the issue in relation to collapsing financial markets so the vindication you were talking about was purely financial. I'm saying that on financial grounds, you actually aren't vindicated but you don't need that vindication anyway. Your follow-up shows that you agree which makes me wonder why you made your original reference in the first place if it doesn't matter to you.

(no subject)

Date: 2008-10-01 04:12 pm (UTC)
From: [identity profile] imomus.livejournal.com
Well, I'm not quite clear where this original reference you're talking about is. Where did I say the renting decision was vindicated on purely financial grounds?

There are charts and web apps (http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html?_r=3&oref=slogin&oref=slogin&oref=slogin), you know, you can use to calculate this kind of thing.

(no subject)

Date: 2008-10-01 04:15 pm (UTC)
From: [identity profile] imomus.livejournal.com
(By the way, when I plug currently-realistic figures into that NYT web app, it tells me that buying makes more sense than renting after approximately 150 years.)

(no subject)

Date: 2008-10-01 05:11 pm (UTC)
From: [identity profile] akabe.livejournal.com
you always seem to ignore the view that owning the propriety you live in is also a valid, truly revolutionary, way of "seizing power". (instead, i guess , allowing the owner class to exist as a semi-imaginary dialectical enemy. )

in the socialist aspiring-communist place i grew up in not only did we have all the lovely things you sang about in The Last Communist ,, a safe job and place to live etc but also the option to buy that place with no faustian contract. Many did and as a result by the time the capitalist counter-revolution hit the country had the largest percentage of home-owners on the continent --- all of which of course soon became the stuff of wild speculation

(no subject)

Date: 2008-10-01 06:05 pm (UTC)
From: [identity profile] imomus.livejournal.com
I'm afraid if you call that stuff "revolutionary", Margaret Thatcher has to replace Trotsky, Che and Mao in all the posters. And my landlord will kill me if I make more blutac holes in the paint.

(no subject)

Date: 2008-10-01 10:10 pm (UTC)
From: [identity profile] thomascott.livejournal.com
I agree, but I think there may be a shade of validity in what Alin is saying.
I think landlords in most continental European countries have a more amiable relationship with their tenants than in the U.K. and Ireland.
I was always a good tenant but that did not stop me encountering some Dickensian landlords along the way...

I don't think working class families purchasing modest little homes was the problem - though admittedly it may have been the thin end of the wedge - the real villains in this issue have been rapacious property speculators whose actions have pushed rents through the roof and made life hard for everyone.
I don't really care if people have horrendous mortgage repayments - that is an option of choice - what I do care about is the fact that the alternative of renting is now equally punitive.

(no subject)

Date: 2008-10-01 10:20 pm (UTC)
From: [identity profile] imomus.livejournal.com
Every dwelling taken from public to private ownership was a step away from a relatively fair and equal Keynesian society towards -- well, towards what we're now seeing. This is the very last moment Thatcherite policies should be celebrated or called "revolutionary" or even "reformist". The commentariat consensus -- and I agree -- is that this is the moment that whole post-1980 marketist philosophy dies. This crisis is its silver bullet, its heart stake.

(no subject)

Date: 2008-10-02 07:36 am (UTC)
From: [identity profile] thomascott.livejournal.com
Well obviously I would probably be amongst the least likely to regard Thatcher as a 'reformist'.
It would seem that we in these islands are hard-wired for property ownership so yes indeed - as I acknowledged in the above post - perhaps those initial working-class house-purchasing aspirations were the thin end of the wedge and once this process became established it would inevitably lead to what we see today.

(no subject)

Date: 2008-10-05 11:22 pm (UTC)
From: [identity profile] thomascott.livejournal.com
By the way Keynes economic theories are hardly borne out of any Marxist revolutionary ideology either.....
On Karl Marx's work, Keynes wrote in 1931, "How can I accept the [Communist] doctrine, which sets up as its bible, above and beyond criticism, an obsolete textbook which I know not only to be scientifically erroneous but without interest or application to the modern world? How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeoisie and the intelligentsia, who with all their faults, are the quality of life and surely carry the seeds of all human achievement? Even if we need a religion, how can we find it in the turbid rubbish of the red bookshop? It is hard for an educated, decent, intelligent son of Western Europe to find his ideals here, unless he has first suffered some strange and horrid process of conversion which has changed all his values.

(no subject)

Date: 2008-10-01 05:33 pm (UTC)
From: (Anonymous)
After writing "Wow, what we thought were assets were really liabilities!" you say "If having money in the bank is no longer a sure thing, neither is owning property, currently losing its value faster than you can keep up your ludicrously over-inflated mortgage payments...Those of us who've owned nothing for years are, at this point, feeling slightly vindicated."

As I said originally, if you are a young person today who was wondering whether to buy property, you are probably feeling quite relieved. But you are not. You have had at least two decades in which you might have bought, probably more, so it doesn't make sense to speak of "vindication" for not buying, say, last year, when, for most of your life, the better financial decision would have been to buy. Putting current figures into a NYT app won't change that because I'm not forecasting whether it will be a good financial idea to buy today.

But I say again, you shouldn't care that you would have been financially better off to buy. Nor should you keep look for financial vindication for not buying. You've made choices and have a life which I suspect many others look at enviously.

(no subject)

Date: 2008-10-01 06:07 pm (UTC)
From: [identity profile] imomus.livejournal.com
If only they could see me slaving away in my rented hovel writing about post-materialism for New York Times readers who own houses!

Profile

imomus: (Default)
imomus

February 2010

S M T W T F S
  1 2 3 4 5 6
7 8 9 10111213
14151617181920
21222324252627
28      

Page Summary

Style Credit

Expand Cut Tags

No cut tags