Caught Between a soul in every stone unturned under the inexhorable Goldman's Sack

alice wellintown alicewellintown at gmail.com
Sat May 1 09:34:39 CDT 2010


Wall Street is a creative power; its guiding principle is not greed or
ego, but free will. Free will is an arbitray power; it makes something
from nothing. What pisses people off is that Wall Street can make
money from nothing and can make money while taking no risk (arbitrage)
at all.

No risk arbitrage often involves great losses to others.

But it's the imbalance in the maket (bubbles and other inflated
vlaues...caused by those who are less creative, not as quick, and not
as smart--including the governments and the Public who is by and
large, as the posts in this forum make abundently clear, financially
illiterate) and not the greed of Wall Street that causes these
arbitrage opportunities.

Wall Street is smart. Most people are not smart.

How do we protect the dumb and dumber from the Smart Wall Streeters?

We can't.

The only thing that can temper the excesses of market capitalism Wall
Street style, is labor.

And Labor, as ATD documents, is Dead & Buried. Although shades of it
still haunt places like Greece, those shades will soon run for the
shadows.


The typical artist-critic,  WG, TRP, JH, is in a difficult position
when he decides to take on the creative power of Wall Street or
Technology Street because the artist-critic also embraces the power to
create something from nothing; the priniciple of human free will.

Even in deterministic works, like Melville's or Pynchon's or Hellers,
where a grander and more powerful force (Marxian, Freudian,
Nietzscheian ...) is set in an agon with the creative principle (or
Free will), a kind of dialectic functions or a paradox titilates. It's
only art after all. Art for art's sake and for the sake of those who
need a romantic escape from the brusing heel of free will and take
solace in forced beyond.



More information about the Pynchon-l mailing list