Tag: economics

The Fall and Rise of Peak Oil

John Michael Greer279 Comments

It’s now been close to fifteen years since the Peak Oil movement collapsed and lost whatever temporary grip it had on public awareness. We could doubtless have an interesting conversation along the lines of “did it fall or was it pushed,” and there may be a point to that conversation a little further down the…

Parsifal: The Solution Assessed

John Michael Greer226 Comments

As we saw two weeks ago, Richard Wagner’s last opera Parsifal makes use of most of the same symbols as The Ring of the Nibelung, and thus provides a mordant commentary to the theme of that vast and sprawling work. The magic treasure, the magic spear, the antagonist who wins power by a terrible renunciation…

The Nibelung’s Ring: The Twilight of the Gods 2

John Michael Greer152 Comments

Siegfried’s betrayal of his ideals and his love for Brunnhilde, the central theme of our discussion three weeks ago, is also the hinge upon which the entire story of The Ring turns toward its end. Our blond and brawny hero was doomed the moment he took the Ring from Fafner’s hoard, Alberich’s curse guarantees that,…

The Nibelung’s Ring: Siegfried 1

John Michael Greer143 Comments

Before we go on with the third of the operas in Wagner’s vast tetralogy The Nibelung’s Ring, I’d like to take a moment to talk a little about my trolls. Yes, this sequence of posts has gotten a fair amount of trolling, and I’m sorry to say that none of it has been interesting enough…

The Nibelung’s Ring: The Valkyrie 2

John Michael Greer186 Comments

Let’s take a moment to review our story so far.  In mythic terms, it’s a straightforward fairy tale: the gold from the bottom of the Rhine, stolen by the dwarf Alberich and turned into a magic ring, was then stolen from him in turn by the god Wotan, who then had to hand it over…

The Nibelung’s Ring: The Valkyrie 1

John Michael Greer181 Comments

Yes, I know we had a presidential election here in the US yesterday. The remarkable thing about it, after a campaign season so packed with improbabilities and absurdities, is that it was a normal election, with no more than the usual amount of vote fraud and a winner declared by sunrise. While everyone recovers from…

The Nibelung’s Ring: The Rhinegold 2

John Michael Greer149 Comments

In the last post in this sequence, two weeks ago, we watched Alberich steal the magic gold from the bottom of the Rhine.  This reenacted in symbolic form the process by which our Western civilization, like every other civilization in recorded history, abandoned the traditional human relationship with nature as a community of persons and…

Walking Away From The Marketplace

John Michael Greer330 Comments

The recent sequence of posts here on lenocracy (from Latin leno, a pimp)—that is, the form of political economy in which productive economic activity gets squeezed dry by various kinds of legally mandated pimping—has fielded a response I find interesting. Next to nobody has tried to argue that lenocracy is an unfair description of the…

Lenocracy in Extremis: The Case of Publishing

John Michael Greer312 Comments

I really did mean to go on to a different subject this week, rather than talking further about the system of political economy I’ve labeled lenocracy (from Latin leno, a pimp)—that is, a system that treats productive economic activity as a sucker’s game, to be milked dry by the two grasping hands of corporate power…

The Secret of the Sages

John Michael Greer406 Comments

Two weeks ago we talked about the way that life throughout the modern industrial world has fallen into the grip of lenocracy—that is, a system in which pimping of one kind or another is the most common feature of economic life, or in less idiosyncratic language, a system in which every economic exchange is exploited…