Friday, May 18, 2007

I Can't Say That I Didn't Feel a Bit of a Sting Reading This

By the summer of 1929 the market not only dominated the news. It also dominated the culture. The recherché minority which at other times had acknowledged its interest in Saint Thomas Aquinas, Proust, psychoanalysis and psychosomatic medicine then spoke of United Corporation, United Founders and Steel. Only the most aggressive of the eccentrics maintained their detachment from the market and their interest in autosuggestion or communism.

—John Kenneth Galbraith, The Great Crash: 1929, 2nd ed. (Boston: Houghton Mifflin, 1961), 79.

But surely we can have all of this at once, can't we — more markets, more Proust, more communism? Otherwise, what's the point?

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