Tag Archives: Lloyd Blankfein Goldman Sachs

triple A cowboys under review

…and who say institutional traders, stock traders locked into the world of the desk have no sense of humor. Its an arcane little world that leftist populism wants to take one by one and lynch from the nearest sturdy branch. … Continue reading

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junk culture & creative destruction: open or closed playground

Citizenship and delinquency. Is destruction creative? Our capitalist system, the system, or ideology of markets is based on the the idea of creative destruction. The implication is that juvenile delinquents, the innately violent and destructive may have the necessary attributes … Continue reading

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fetish for the demons

This familiar sequence of volcanic eruption and cooling off illustrates yet again Max Weber’s notions of bureaucratization and the routinization of charisma. Post-modern financial institutions, a mobile faith like the Pentecosts, correspond to a global financial flow. from Slavoj Zizek:Thus, … Continue reading

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voltaire banking on the philosopher kings: wall street shuffle

“He taught us to be free.” Although he was an absolutist, not especially reasonable, and anything but a revolutionary, Voltaire fought absolutism, embodies the Age of Reason, and made the Revolution inevitable. He died at the dawn of the industrial … Continue reading

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depersonalization: mission of a yuppie soul

I saw the best minds of my generation destroyed by madness, starving hysterical naked, dragging themselves through the negro streets at dawn looking for an angry fix, angelheaded hipsters burning for the ancient heavenly connection to the starry dynamo in … Continue reading

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$$$ from pigale to palace: origins of the hustle

There is always a fascination with the role of the past and how quickly it fades into oblivion. The actors and contexts may change, but there is always an unseen hand, proffering the levers that mechanically set in motion the … Continue reading

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Dix & threepenny opera: an explicit body politic

The classic Bertolt Brecht question was an examination of the inconceivable; two forces in which it was not possible to reconcile: how can people be dignified and ethical under capitalism? The stock market as a Three-Penny Opera. The petty thieving, … Continue reading

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DIONYSIAN: WINE,FRENZY & the TORTURED AESTHETIC

In more recent years, even those who admire  Jack Kerouac’s “On the Road” , realize the book  challenges traditional values.For example, observers compare the Greek gods Apollo and Dionysus. In the same manner the  wily economic behavior of modern Greeks … Continue reading

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NO ACCOUNT TO SETTLE IN THE AFTERLIFE: Dionysus Banking System

“In the first place, let me treat of the nature of man and what has happened to it; for the original human nature was not like the present, but different. The sexes were not two as they are now, but … Continue reading

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ADAM SMITH & PONZI NATION: WEALTH OF RATIONS

Adam Smith published The Wealth of Nations in 1776 – not as a textbook, but as a polemical cannon aimed at governments that were subsidizing and protecting their merchants, their farmers, their manufacturers, against “unfair” competition, at home or from … Continue reading

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