East Meets the American West

Our own Morgan Meis in The Smart Set:

ID_NC_MEIS_CHINA_AP_001 An old Chinese man went to Yosemite and it blew his mind. To explain why, we have to go back a few thousand years. Chinese people have an old civilization. Older, perhaps, than anybody else's civilization. That depends on how you define “civilization,” but who has the time to fight about these things? Point is, it's old. Chinese art thus has a lot of tradition. Chinese artists predictably spend a lot of time coming to terms with that tradition. You study the old masters, you reject the old masters, you copy the old masters, you desperately try to ignore the old masters, you become the old masters.

Xie Zhiliu was born in 1910 and he died in 1997. He grew up in Changzhou, which is known to have had a great tradition of Chinese painting, especially bird and flower stuff, which is the bread and butter of hundreds of years of Chinese painting. He later moved to Shanghai, where he was a professor of painting and an advisor to the Shanghai Museum. He was as firmly implanted in the tradition as a man can be.

An exhibit of Xie's work at the Metropolitan Museum of Art — “Mastering the Art of Chinese Painting: Xie Zhiliu (1910–1997)” — makes that traditionalism very clear. We see all kinds of birds and flowers and landscapes and calligraphy. Often, we see them right next to reproductions of the older classics Xie was imitating. The exhibit is thus a quick and highly enjoyable lesson in the history of Chinese painting and drawing.

Then you get to the last room of the exhibit, where something special happens.

More here.

What a shoddy piece of work is man

From Nature:

Our genome won't win any design awards and doesn't speak well of the intelligence of its 'designer', as Philip Ball explains.

Philipball Helena

: They do say that man was created by God.

Domin: So much the worse for them.

This exchange in Karel Capek's 1921 play R.U.R., which coined the word “robot”, is abundantly vindicated by our burgeoning understanding of human biology. Harry Domin, director general of the robot-making company R.U.R., jeers that “God had no idea about modern technology”, implying that the design of human-like bodies is now something we can do better ourselves. Whether or not that is so, the human body is certainly no masterpiece of intelligent planning. The eye's retina, for instance, is wired back to front so that the wiring has to pass back through the screen of light receptors, imposing a blind spot.

Now John Avise, an evolutionary geneticist at the University of California at Irvine, has catalogued the array of clumsy flaws and inefficiencies at the fundamental level of the genome. His paper, published this week in the Proceedings of the National Academy of Sciences of the USA1, throws down the gauntlet to advocates of Intelligent design, the pseudo-scientific face of religious creationism. What Intelligent Designer, Avise asks, would make such a botch? Occasional botches are, by contrast, precisely what we would expect from Darwinian evolution, which is blind to the big picture and merely tinkers short-sightedly to wring incremental adaptive advantage from the materials at hand. Just as in technology, this produces 'lock-in' effects in which strategies that are sub-optimal from a global perspective persist because it is impractical to go back and improve them.

More here.

Tuesday, May 4, 2010

The goddess of Taliban country

H. M. Naqvi in the Global Post:

ScreenHunter_02 May. 05 12.14 The road into Baluchistan is dual carriage, the topography is flat. There are fronds in the sand, an occasional crooked tree and the intimation of the sea. Narrow scratched paths lead inland and close to the horizon, we can make out clusters of structures — mud rooms, thatched tents — and the local population: tanned fishermen and women and children.

Not more than two hours into the journey, we turn left at a solitary petrol pump attached to a roadside restaurant. After announcing ourselves at a checkpoint — hum Hingol ja rahay hain — we cruise down the Makran Coastal Highway.

I am riding shotgun in a Jeep with a mangy, taciturn, chain-smoking adventurer. He offers me a dry omelet-and-hunter-beef sandwich. I take a bite. It is difficult to swallow but I don’t protest. Who knows when sustenance will be offered next?

We have entered the badlands of Pakistan, the purported seat of the resurgent Taliban. Somewhere across the expanse lurks Mullah Omar, the murderous, indefatigable, one-eyed leader of the shura. Although there is strength in numbers — we are traveling in a caravan of 11 vehicles comprising the Off Roaders Club – we are only armed with poles, pegs, hammers and other camping equipment. I’m no outdoorsman, no adventurer. I wonder what the hell I am doing in Baluchistan.

More here.

British society is a three-party system stuffed into a two-party duopoly

Christopher Hitchens in Slate:

ScreenHunter_01 May. 05 12.02 An officer candidate being interviewed for a posting on the British general staff was once asked to define the role of cavalry in modern warfare. He replied that it was to lend some color and dash to what would otherwise be a somewhat dreary and sordid occasion. Nick Clegg, the leader of Britain's Liberal Democrats, is the equivalent of the cavalry in the case of Thursday's British general election. Until his eruption onto the scene, the muddy battlefield was a dull trench war between two heavily armored divisions, each of them wearily familiar with the tactics and strategy of the other.

Years ago, when I toiled as a columnist for The Nation, Nick Clegg was my intern. (So, for that matter, was Edward Miliband, Gordon Brown's minister for energy and climate change and brother of Brown's most likely replacement, Foreign Secretary David Miliband.) I have done my best to trade on this mentoring relationship with power, to little avail. Clegg worked for me in the magazine's New York offices while I was writing from Washington, so our direct contact was limited. What I chiefly remember, apart from his now-famous personal charm, was how “European” he was. His parentage was partly Dutch and partly Russian. He has since married a Spanish woman and has three children with Spanish names. And, of course, his party is the one most closely identified with the British aspiration to full British engagement in the European Union. This is the strength and the weakness of his position, and of his party.

More here.

Ten Walks/Two Talks

Michael Schaub in Bookslut:

518gGHgHFKL__SL500_AA300_ In the eight months that I've lived where I live now, I've probably walked around my neighborhood hundreds of times. I have dogs; my neighbors all know their names, but not mine. I have memorized every front yard, every awning on every business, from the plumbing supply store (“The Water Heater King”) to the deli with the big Oregon Lottery sign in front to the punk-rock strip club I live behind. But I don't really remember these walks, or most of them. I remember walking back from buying cigarettes one night when a drunk old man in the Masonic lodge parking lot yelled, as I recall, “You're not the Scandihoovian!” to me. But every other one kind of blurs together. I haven't even lived here a year, but I have become automatic. I look down when I'm walking, and talking to people, and usually at pretty much all other times. I feel like I wasn't always this way. For the past several weeks I've been trying to reconstruct conversations with someone I used to know. I've been trying to remember the last one, in particular: What are the last words I said to this person who is now gone? What are the last words he said to me? So I look down and I walk down sidewalks I've memorized.

I've read Ten Walks/Two Talks three times now, once before something sudden and awful happened in my life, and twice after. I don't know if I would have even thought about how I walk in my city if I hadn't, or if I would have tried to commit every conversation with a friend I have to memory even while I'm talking, afraid I'll lose it like I've lost most of my first 32 years of conversation. This is a small book: ten brief accounts of walks in New York City by Fitch, and two transcribed conversations between Cotner and Fitch, the first in Central Park, the second in a grocery store.

More here.

Tuesday Poem

Concert in the Garden

It rained.
The hour is an enormous eye.
Inside it we come and go like reflections.
The river of music
enters my blood.
If I say body, it answers wind.
If I say earth, it answers where?

The world, a double blossom, opens:
sadness of having come,
joy of being here.

I walk lost in my own center.

by Octavio Paz
from The Collected Poems 1957-1987;
Carcanet Press Limited

Concierto en el Jardín

Llovío.
La hora es un ojo inmenso.
En ella andamos como reflejos.
El río de la música
entra en mi sangre.
Si digo: cuerpo, contesta: viento.
Si digo: tierra, contesta: ¿dónde?

Se abre, flor doble, el mundo:
tristeza de haber venido,
alegría de estar aquí.

Ando perdido en mi propio centro.

Octavio Paz

A spy novel for the 21st century

From Salon:

Md_horizI have been a kind of undercover person from birth almost,” says one of the two main characters in Michael Gruber's “The Good Son,” “and I am bound to offend those who like neat classifications.” Not an improbable statement, coming from a major player in a spy thriller — if “The Good Son” can be accurately described as a spy thriller. It is that, and yet it's a lot more. Like Theodore Laghari, the above-quoted “undercover person,” this novel slides in and out of conventional identities with a facility that would be disturbing if it weren't so damn smooth. Adeptly plotted yet philosophical, worldly yet preoccupied with moral truth, it's a book to provoke comparisons with John le Carré and Graham Greene, while at the same time eluding the ideological constraints that weigh so heavy on those masters.

Theo is the son of Farid, “a grayish presence who teaches the development of international law at Georgetown and spends a lot of time with his large collection of British Empire stamps,” and Sonia, a woman of infinite variety and a checkered past, currently working as a Jungian therapist. En route to a conference on the therapeutic aspects of regional conflict resolution in Kashmir, Sonia and her fellow luminaries are taken hostage by a band of mujahedeen in Pakistan's North-West Frontier Province. Theo — who works as a “shooter” for a semilegal special-forces outfit he describes as the U.S. Army's “own little CIA” — determines that the only way to save his mother is to engineer an incident that will trigger a U.S. attack on Pakistan, providing the cover for him to extract her from the village where she's being held.

Medical Graphology: Symptoms in Script

Meera Lee Sethi in Proto:

ScreenHunter_01 May. 04 12.35 It takes no handwriting expert to recognize the cramped, drooping, uncertain signature as a manifestation of the Führer’s cramped, self-centered approach to life,” concluded the graphologist Nadya Olyanova in 1939, six years before Hitler’s suicide, according to her 1991 obituary in the New York Times. Olyanova had studied with the Austrian psychoanalyst Alfred Adler, and she was a consultant to the psychiatric services of the Menninger Clinic in Topeka, reported the Times. But like the practice of phrenology—the notion that the bumps and indentations of the skull form a map of character—attempts to analyze one’s disposition through the curve of an o or the tail of a g are considered spurious.

How curious, then, is medical graphology: the use of handwriting to diagnose disease. In the 1950s, the Austrian-American graphologist Alfred Kanfer proposed the idea that because cancer affects the brain’s ability to manage fine motor control, early signs of the disease could be detected in the pauses between pen strokes. Most scientists demurred.

Still, diagnostic links between sickness and script seem to exist. “Writing is an exquisite fine motor skill—unlike brushing your hair, for instance,” explains José Contreras-Vidal, a neuroscientist at the University of Maryland’s School of Public Health. “People spend years practicing it, consolidating a very robust motor-control program in the brain.” So, he says, deterioration of that finely honed skill is a red flag that something may have gone awry in the brain’s ability to run the program.

More here.

Portrait of the President as a Young Law Student

Barack Obama went to Harvard Law School to learn “power’s currency in all its intricacy in detail.” An exclusive excerpt from The Bridge: The Life and Rise of Barack Obama, David Remnick shows how much Obama learned in law school.

At the website of the Brennan Center for Justice at NYU Law School:

ScreenHunter_02 May. 04 11.40 By the time Obama arrived at Harvard, the law-school curriculum had grown much more flexible than in its early days and the student body more diverse, but the school was still a fractious place, riven by political conflict and intramural resentments. As if to flaunt its own unhappiness, the law-school community commonly referred to itself as a bastion of Levantine infighting—alternately “Beirut on the Charles” and “the Beirut of legal education.”

Obama said that Harvard Law School was the “perfect place to examine how the power structure works.” Indeed, the “power structure”—a phrase common in organizing circles—and how it is, or is not, examined by the likes of Harvard Law School was the focus of a battle that had already raged for a decade when Obama enrolled. In 1977, a group of legal academics—radicals, as most would readily have identified themselves—met at a conference in Madison, Wisconsin, to discuss a barely formed school of thought that was soon to be called Critical Legal Studies. Influenced by post-structuralism, the Frankfurt School of critical theory, and the Legal Realism of the nineteen-twenties, the scholars interested in Critical Legal Studies sought to demystify the law and the language of law and legal studies, to challenge its self-regard as a disinterested system of precedent. Critical Legal Studies posited that law is politics by other means, that the practice and discourse of law—and legal education—is merely another lever of entrenched power, a way of enforcing the primacy and perquisites of the wealthy, the powerful, the male, and the white.

According to the adherents of Critical Legal Studies, many of the conditions of the legal status quo—the high incarceration rates among people of color, the higher penalties for drugs used mainly among the poor—are inscribed in a legal system that only pretends to be consistent and nonideological.

By the time Obama appeared on campus, there had also appeared an increasing number of conservative and libertarian scholars centered on the Federalist Society, a many-branched group that had begun in 1982 at Harvard, Yale, and the University of Chicago.

More here. And a talk with David Remnick about all this, here.

Of Compost, Molecules and Insects, Art Is Born

Natalie Angier in The New York Times:

Ang The word organic means different things to different people. To the gardener it means compost heaps. To the chemist it means carbon compounds. To the artist Fabian Peña, it means American cockroaches, those chunky nocturnal charmers often seen skittering around drainpipes or on the street. “I have collected cockroaches from many different places,” Mr. Peña said. “From Cuba, Mexico, Miami, Houston, everywhere I travel.” He kills the cockroaches with a spray, pops them into a jar, takes them back to his studio in Florida, and then puts their parts to work in his art. He glues their legs together into long, lacy cylinders that look like giant larval casings. He arranges their wings into medically precise images of a human skull, foot bones and hand bones, all scaled to his own head and appendages.

Mr. Peña likes the medium of cockroach aesthetically, the way he can use the different tones in the wings as his palette to convey light and shadow. He likes it metaphorically, how we are disgusted by something with which we have so much in common — the same taste in foods, the same easy adaptability to every possible niche. “Cockroaches are a witness to our daily lives,” Mr. Peña said. He also likes his medium pragmatically. “It’s a material that I can easily find,” he said, “and it’s cheaper than buying paint.”

More here.

Linux Versus E. coli

Carl Zimmer in his excellent blog, The Loom:

ScreenHunter_01 May. 04 11.08 Linux bears an uncanny resemblance to the genes in a living cell. Many genes make proteins that act as switches for other genes. The proteins clamp onto DNA near a target gene, allowing the cell to read the gene and make a new protein. And that new protein may, in turn, grab onto many other genes. Thanks to this hierarchy of switches, cells can respond to changes in their environment and quickly carry out complex behaviors, such as reorganizing themselves to feed on a new kind of food.

A number of scientists have begun to compare natural and manmade networks. A lot of the same rules appear to be at work in the growth of the Internet, airport connections, brain wiring, ecosystem food webs, and gene networks. But very often, scientists are finding, it’s the differences between natural and manmade networks that are most revealing, offering clues to the different ways in which people and evolution build complex things.

In the Proceedings of the National Academy of Sciences this week, Koon-Kiu Yang of Yale and his colleagues present the first detailed comparison of Linux’s network to a gene network. (The paper will be here.) Thanks to the open-source nature of Linux, the scientists could look at every line of code in every version of the system over the past two decades, from Torvald’s first primitive stab to its current sophisticated form. And for a living cell, Yang and his colleagues turned to the living equivalent of Linux–a biological network they could analyze from top to bottom. They chose E. coli. coli, since it is the best-studied species on Earth. (Why E. coli? There’s a certain book that will explain it to you.)

More here.

Monday, May 3, 2010

Revelation Channel 13: “Biometric ID,” The Mark of the Beast, and Immigration Reform

Barc666 15And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed.

16And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:

17And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

If Arizona’s draconian new law has put immigration back in the public consciousness, the proposal for a national “biometric ID” is about to trigger nightmares in this country’s Christian id. The Democrats who drafted a new immigration law aren’t just “tone deaf,” as blogger John Cole says (although they’re certainly that.) The bill’s content and language are going to terrify and outrage lots of evangelical Christians, and could even lead to violence.

Before they try to pass this law, there are a few videos they really ought to watch.

This bill couldn't be more inflammatory in both content and language to those who take their Gospel straight … and literal. A quick listen to what's currently being preached on YouTube and AM radio today will confirm that. And generations of kids from evangelicals families recall their terror at the dictatorship and disasters shown in the End Times films known collectively as the “Rapture” series. In these films, a world dictatorship demands that everyone identify themselves and be entered into a database while being marked with an “image of the beast.”

How will people who take these ideas as literal truth respond to the new law? As Congressional magazine The Hill reports, “Democratic leaders have proposed requiring every worker in the nation to carry a national identification card with biometric information, such as a fingerprint, within the next six years, according to a draft of the measure.” And the “biometric ID” system has been given a name that seems to come straight out of End Times prophecy.


Read more »

On being in Rome: visiting de Chirico’s home and Richard Serra at Gagosian

Inv. 138 Sue Hubbard

It was the week after Easter in Rome and the sun was out. The Spanish steps were heaving with tourists and ice cream sellers. Algerian immigrants hawked cheap leather goods. For most the steps simply provided a place to rest; as one ample lady from Texas put it: “ok, so I’ve seen them now, is that it?” Clearly she wasn’t impressed. Relaxing with their maps and bottles of water wondering what to do next few seemed to realise that just yards away from where they were sitting the 26 year old Keats had died a horrible death from tuberculosis (the wonderful museum was practically empty when we visited) let alone that one of the 20th century’s most puzzling artists, Giorgio de Chirico had lived over the road.

The Giorgio and Isa de Chirico Foundation was founded in 1986 by Isabella Far de Chirico, the painter’s widow, who in 1987 donated 24 of her husband’s works to the Italian state.Upon her death, in November 1990, the Foundation inherited the painter's apartment in the Piazza di Spagna – the 17thcentury Palazzetto dei Borgognoni – where he had lived and worked until his death in 1978. In November 1998 it opened as a museum filled with his late paintings, drawings, sculpture and lithographs, along with manuscripts and photographs.

It is a strange place,a haven of quiet above the crowded street below. I had expected something rather more bohemian from this ‘metaphysical’ painter, but found, instead, an airy bourgeois apartment full of antique furniture, comfortable sofas and rugs. Not what I had predicted from this one time friend of Apollinaire, Picasso, and that arch surrealist André Breton, who had hailed de Chirico’s early dream-like cityscapes as pivotal within the development of Surrealism. Most odd was the tiny monk-like bedroom, Spartan in its decor except for a few books, with its narrow childlike bed under a white cover, where the ‘maestro’ slept across the hall from his Polish second wife, the intellectually and emotionally powerful, Isabella Pakszxwer, whose rather large double bed sported a flamboyant red counterpane.

The enthusiastically hailed period – the pittura metafisica – on which de Chirico’s reputation is based, lasted until around 1918. Then his work changed. Why? The official version is that he was paying homage to the Old Masters of the Renaissance, pitting himself against the greats of art history by going to Florence and studying techniques of tempera and panel painting. As Robert Hughes wrote rather pithily, “he imaged himself to be the heir of Titian”.[1] Denounced by the French avant-garde de Chirico counter-attacked with diatribes on modernist degeneracy signing his work Pictor Optimus (the best painter.) But why should an artist who had written: “It is necessary to discover the demon in all things….to discover the eye in all things – We are explorers ready for new departures,” turn his back on contemporary aesthetic discourses in favour of producing second rate paintings that would not, if it weren’t for the significance of his early work, get a look in within the annals of art history?

Read more »

Uniting listening Canada, pushing hard musical drugs and making a show that’s actually a show: Colin Marshall talks to Laurie Brown and Andy Sheppard, host and producer of CBC Radio 2’s The Signal

Laurie Brown and Andy Sheppard are the host and producer, respectively, of The Signal on CBC Radio 2. Since debuting in March of 2007, the program has evolved to provide a highly distinctive listening experience that offers two skillfully-curated hours of late-night contemporary music to listeners across Canada — and, via the internet, the world — that’s neither predictable nor easily genrefiable. Brown accompanies Sheppard’s unusual sonic selections with commentary that’s long impressed fans with its friendliness, intimacy and wealth of odd stories. Colin Marshall originally conducted this conversation on the public radio program and podcast The Marketplace of Ideas. [MP3, with music] [iTunes link]

Signal1 I got hooked on this show when an American friend of mine who moved to Vancouver sent me a link and said, “You've got to hear this show they've got going up here.” I listened to it, and I was pretty immediately hooked. I've tried to spread the word to people who aren't Canadian and thus don't have a great knowledge of what the CBC puts out and why they should listen to it even if they aren't Canadian. But I've had a little problem describing what sort of music The Signal plays. All I can say is that “it's really good” and “you've got to listen.” “Modern” comes to mind, “contemporary” comes to mind, but these are vague words. What do you guys call it?

Laurie: It's just as hard for us as it is for you. This has been a real head-scratcher since the show went on the air. We've got lots of different names, and because we play so many genres of music, it's really easy to spout off a whole bunch of different things: “Oh, it's ambient, it's electronic, it's electronica, it's sort of freaky folk, it's avant-garde jazz, it's post-rock…” You can list and list and list. The thing that makes the most sense to me is, just think about late-night radio and think about the kind of music and the places you really want your brain to go at 10:00 through to midnight. “Late-night radio,” for me, makes more sense than anything else. Andy?

Andy: It's a trick, isn't it? We're programming a lot of music that exists at the intersection of different styles. I think that's the big thing I'm looking for. We're not going to play straight folk music or straight singer-songwriter or neo-classical music but music where the lines cross. You'll have a classical musician paired with a DJ or a world musician and an electronic artist. Those kind of crossover intersections I find the most compelling, and it's one of the ways I frame the idea of contemporary music. It's how people are making music now. What are they doing differently now, so it sounds like it's coming from this time?
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Priorities, Evidence, and Integrity: A Plan for Humanity

We humans have serious problems. Thousands of us starve to death every day, the planet is becoming progressively less habitable, and we're killing each other on a regular basis. Our way of life is detrimental to our well-being, and current trends don't bode well for posterity. It's time for change. I propose the following three-part plan.

Part 1: The Establishment of Clear Priorities

Our priorities guide our decision making, and our choices shape the world we live in. Every day, individuals, groups, organizations, and governments make decisions. We choose between what's healthy and what's easy, between what's kind and what's profitable, and between what's best for everyone and what's best for us. If optimizing collective well-being were most important to us, our decisions would lead us in this direction.

Our choices reveal priorities that we might wish to deny. It would appear that convenience is more important to us than sustainability, that our happiness is more important than that of future generations, and that people in our country are more important than people in other countries.

Selfish behaviors may serve the interests of individuals in the present, but they lead to a society that is undesirable for the majority. These behaviors can be attributed to a lack of integrity and the absence of clear priorities. If our priorities aren't clear to us, then our decision making will be undermined. So, we need to establish clear priorities.

What do we, as a society, value the most? Well-being? Reason? Autonomy? It's not just our values, but the way we prioritize them that will guide ethical decision making. For example, if we value well-being more than autonomy, making helmets mandatory for cyclists would be a good idea. If we place greater value on the freedom to choose, we might keep helmets optional, but take steps to promote their use. The prioritization dictates the strategy.

I suggest the following as shared values (in order): human equality and sustainability, autonomy, collective well-being, and individual well-being.

Read more »

The Fiscal Crises of the States: The Morning After Greece

Greek-riot

Michael Blim

The word tonight, Sunday, May 2, is that Greece is saved, even though Athens has been burning for weeks with non-stop strikes and street confrontations. Greece will not go broke this year, even though many of her citizens may. Greece, the IMF, and the EU have finally agreed to a bailout.

Another breathless fortnight, another looming crisis averted.

It seems best to say averted, rather than solved. The massive Greek public debt is still there and will continue to grow. The new agreement promises to slow its growth by raising taxes, laying off government workers, reducing state salaries, and cutting pension benefits, among other actions. More loans from EU creditor countries and the IMF, a stand-in for the rest of Greeks international creditors, now guarantee the accumulated Greek government debt, much of which is held by European banks and the European Central Bank. The EU-IMF mission of mercy is thus an object lesson in collective self-interest, for the loans enable Greece to pay back the European banks, especially in Germany and France, that stood to lose billions without the new loans. European and world capital invested in Greece is saved, and its security enhanced. Rather than the debts endangering the finances of European and other world banks, the loans now return to the asset side of their ledgers, if not once more as silk purses, surely no longer as sow’s ears. And the assets actually multiply!

As yet another act in the world economic drama concludes, and another troop of actors prepares to take the stage, the basic point of the play is being lost. As speculative manias overtake other countries and/or other assets, and as instances of fecklessness and fraud feed the public demand for vengeance, we are overlooking the fact that we are living through the most massive redistribution of wealth rich societies such as ours have seen since the Gilded Age at the end of the 19th Century. The massive debts of private capital are being socialized. States are taking on society’s debts at a rate not seen since the Second World War. They are creating public debt to pay off or at least absorb the debts arising from asset crashes, bank and brokerage failures and near-failures, and massive unemployment triggered by recession. Banks and other financial institutions could not carry their own debt, so now the government is carrying it for them, either directly or by providing them with new credit at no cost with which they can become profitable again. The banks and other brokerage institutions have effectively cleaned up their balance sheets with newly created public debt, while the U.S. and European central banks have laundered their bad debts.

We are talking about a whopping lot of debt. According to the IMF’s April Global Financial Stability Report, the seven largest Western capitalist economies and Japan (the so-called G7) now hold a public debt equal to between 110 and 120% of their combined gross domestic product. The world’s public debt is about 50% of the world’s gross product. Given the size of the G7s’ economies, their public debt constitutes a huge financial commitment for which their taxpayers now are directly responsible.

This extraordinary shift of debt from corporate capitalism to nation-states has not attracted the attention it deserves. It is unlikely that the United States will find itself in a debt-driven crisis of the magnitude proportionately that afflicts Greece now, but the transformation of US finance capital’s private debts into US public debt has created a crushing burden for American citizens for generations to come. And the wealthy, once more, will likely come out of the crisis unscathed, unlike the rest of us.

As we have seen in Greece, the fiscal crises of the states swept into the economic downturn and the public debt upturn will trigger political struggle at levels we have not witnessed in over a quarter century. The political legitimacy of many states will be directly threatened. As we have seen thus far in the United States, the organized opposition fueled by anger and resentment, and often sense of betrayal that citizens express is already coming from the right. This trend will likely strengthen, as the fiscal crises of the states seem unlikely to abate and the lefts throughout Europe, Japan, and the United States are very weak.