Capitalism (the Game!)

The more I think about capitalism, the more it seems to fit into the "game" category. Except it is perhaps the most complex game out there, and your survival depends on playing it. I think the most game-esque part of capitalism is the stock market, where you watch a bunch of numbers go up and down and you try to make more money based on when you buy and sell. Almost all of the people playing have more than enough money to live comfortably, but they are still focused on raising their own personal score. It is a symptom of a culture that is obsessed with over-accumulation.


Consumerism. That was the answer capitalism developed to answer the problem of the "stationary state." This idea was introduced to me by a book by Eric Hobsbawm titled "The Age of Revolution." As profit is the main motivator in the game of capitalism, if people are not motivated to profit, they will quite soon reach a point where they are quite satisfied with their position in life, and no longer seek to profit.  This is a stationary state, where people no longer seek to profit because they have enough.  I have fallen into such a state, I really have no motivation to make money and my living conditions are pretty good. I am not being a very good consumer, and I could see that the capitalism system would be in deep trouble if most people acted the way I am.  To avoid this pitfall, that would have reduced profits, consumerism evolved.

It actually reminds me of many video games. In Dungeons and Dragons based games like Diablo II and Nethack you walk around killing evil things, getting gold and new equipment. That is all the game is, getting new stuff by killing things... it is almost like gambling, because every time you kill something you have a chance to get something really good. It can be pretty addicting. I wonder how many of you thought I could compare capitalism to Diablo II. In games like Age of Empires II and Starcraft your objective is to conquer your competitor, but to do that, you have to develop an economy where you accumulate resources and assets. If you manage your assests affectively, you win. If not, then you lose. In Thief, you have to steal a certain amount of money. They are all focused on counters... little numbers that tell you how well you are doing. Sounds like the stock market to me.

I was looking at my bank statement the other day and asking myself how much happier I would be if my account was larger. Would I be happier if it were twice as much? How about 100 times as much? What would be the point of having that? What would I do with it? Why are so many people happier when the number on their bank statements are higher? I am still not sure why, which is a failing on my part, failing to understand other people. The only possible explanation I have been able to come up with is that they are approaching it the way I approach games, in that it is fun to test one's skills and see how good one can get. Well, I hate to be the one to say it, but basing a way of life on what amounts to a game is a horrible, HORRIBLE idea. Games were meant as training for real life, not to become real life! It seems that this is another example of goal displacement.

The truth is, the only reason I would be happier if the number on my bank account was bigger would be because it meant I got to give my money away to my friends and family. To help them in whatever way I could figure out.  And once I did that, the number would fall sharply.  I see no other reason why I would want alot of money. Some would respond to that by saying, "oh, but then you wouldn't have to work." But I like work! I would get depressed if I did not have something to do, something to really sink my teeth into. I have done experiments on myself, "Sloth" makes me unhappy. I am quite certain I would just end up giving my money away if I had any extra beyond what I would want to have on hand during an emergency. I don't want to have any more, I do not want that burden. As Kahlil Gibran said in "The Prophet": "The fear of thirst when your well is full is the thirst that is unquenchable."

No, the meaning of my life is not profit, something I am greatly thankful to my parents for imbuing in me. The meaning of life (well, atleast mine) is other people. And I see no other motivator that could bring me as much fulfillment and happiness as that one.

Bread and Roses

I have been listening to some classic labor songs lately, and they are so awesome. One of my favorite lines is from the song "Joe Hill." It goes like this: "Takes more than guns to kill a man, says Joe 'I didn't die'... says Joe 'what they can never kill went on to organize'"
This is such a powerful message, that when people stand up for something and die in its defense, that their spirit lives on in others. They inspire people with their sacrifice and their selflessness. Joe Hill was a Swedish-American labor organizer and a Wobbley (term for a member of the Industrial Workers of the World aka the IWW) in the early 1910s. He traveled around the country organizing people to fight for their rights, and penned songs, poems and speeches. He coined the term "pie in the sky" referencing religious figure's claims of rewards after death but apparent apathy toward the living conditions of the average person. His execution was a sham of justice. He had recieved a gun wound (he said it was over a woman) the same night that two people were murdered. During the crime, one of the two murders was wounded, and of the five people with gun shot wounds who went to doctors in the area that night it would be the labor organizer who was tried, convicted, and executed. No motive could be determined for why Hill would have committed the crime, and many of the facts just didn't fit. But he was still convicted. The trial was very controversial and the media made a big deal about it. Hill gained a bit of fame from it, and his loss has been morned in the labor movement since he was murdered by the government.

Another song which tugs at my heart strings is "Aragon Mill" by Peggy Seeger. It describes the economic desolation caused by the closing of the mill in a small rural town. The mill was the main employer, and once it pulled out, it left a void of unemployment. It reminds me alot of my hometown, with its 23% poverty rate, and the darkness that a lack of jobs creates in a community. This lyric always gets me, sometimes I tear up from it: "Oh, I'm too poor to move, and I'm too young to die, and their's no where to go for my family and I, cause the mill has shut down, its the only life I know, tell me where can I go, tell me where can I?" There is such pain in her voice in that lyric. The level of helplessness that she is expressing is really staggering. Maybe if I had not seen this type of economic situation with my own eyes as I was growing up, I wouldn't be as sympathetic. But this song plucks my heart strings like few others.

Then there is "Bread and Roses." People need more than just subsistence. Earning a wage just for survival is not the way people were designed to live. My favorite lyric in this is "hearts starve as well as bodies, give us bread, but give us roses." People need beauty, fun, and love in their lives or they will starve as assuridly as if they did not get their daily bread. I have seen many people whose hearts are starved. Interestingly, most of these people are not in economic need, they are quote well off. But they have no time for the things that are truly important in life. And this leaves them starving. They try to fix this hunger with material goods. But that is like eating empty calories to fight malnutrition, it does nothing to heal the body, just fills the stomach for a short time. True and lasting happiness comes from other people and the beauty in human interactions, not from consumption.

The Dread of Thirst

One of my favorite quotes of all time. "The dread of thirst when your well is full is the thirst that is unquenchable." from "The Prophet" by Kahlil Gibran.

This is a great analogy for our current economic crisis. Fear of loss dominates the market right now, and caused the bank-runs and near collapse of AIG that we have witnessed. And that fear will consume the trust that keeps the market afloat until it is addressed. The ironic thing is, people with stocks are generally well-off. They have the material comforts they need, but it is still not enough, they still thirst for more. This thirst causes them to, as a group, act in ways that will cause pain , alienation, and mistrust which inherently dirupt human social interactions, including the market.

It is not only the unquenchable thirst that capitalism creates, but the inequity which it distributes wealth that has caused this economic trouble. As the average person finds it harder and harder to purchase their necessities, there will be less spending and fewer people spending. And that will hurt the economy. Let me put it another way, concentrating wealth in the hands of fewer people will decrease economic prosperity.

The foundation of the global economy rest on the necessities. Food, clothing, shelter, and each other. The more people who can have all of these, the higher the GDP. When more people do not have these fundamentals, fear begins to infect society. The thirst for more starts triggering the fear of less, and in our society, this seems to cause people to act selfishly. It is the selfish impulse to limit one's losses that has caused these banks to fail. I believe, that if enough people decided to have confidence in an organization, it would not fall apart. Belief in a social system is what keeps in afloat, whatever the system. It is a self-fulfilling prophecy. If people believe something stable, then it continues to survive even if it is inherently unstable. And so if dread of want, loss and, yes, thirst begin to prevail the social system becomes unstable because people have lost faith in it.

Bucky said something like this the other day, "For all the fancy math that economists do, it is amazing how much emotions and belief factor into how the economy is doing."

For our own sakes, I want us to stop dreading thirst.