It’s now pretty much officially understood that Facebook, Twitter, and other social media feeds promote cognitive bubbling, a subset of what Dyke the Elder just called “ego condoms.” In a way that was presumably much harder when there was just the one corner store and no portable screens to displace awkward neighborly interactions, folks get to select (and have selected for them) their feeds of news, commentary, entertainment, and social interaction for narrow, comforting self-confirmation. Folks think small, and defend their small thinking fiercely. When contaminants rudely break through the latex, the threat of contagion meets with a poorly developed intellectual immune system that has to kick into panic mode to repel the invaders. How’s that for some metaphors.
A current example is the liberal / progressive reaction to the appointment of Stephen Bannon as Donald Trump’s Director of Strategy. Consigliere Bannon was most recently a mastermind of the Trump campaign. Before that he ‘ran’ in some sense the clickbaity right wing news and commentary consortium Breitbart News Network, worked mergers and acquisitions at Goldman Sachs, ran a media investment bank, made celebratory movies about heroes of conservatism, and directed Biosphere 2. Ha.
Bannon is a classic self-made man, working class, Irish Catholic, bootstrappy, with the usual disdain for ‘the Establishment’ and whiners who put their hand out rather than working their way up. Like anyone with this trajectory who takes this attitude, he seems to be completely oblivious to the systemic flows, gates, and filters that selectively advantage the efforts of guys like him, even while skillfully navigating them. We all know a bunch of guys like this. You’d like to be impressed and happy for them if they weren’t so poisonous. These are the people who are in charge now.
The obliviousness to the selectivity of system flows is one ego condom. The reification of ‘the Establishment’ is another. He’s well defended against the paralyzing confounds of complexity. Guys like this succeed not despite their selective perception but because of it. They’re hard points driven at the gaps and fissures of moving targets. All of the metaphors of the phallus and its disciplining apply here.
A lot of the left commentary would like this guy to be scary because he’s a bigot. That is literally the no-brainer response, a pure reflex. A guy like this may well be a bigot but also gives two shits about race, gender, sexuality, or any of the other ego condoms of righteous subalternity. You can be as blackly, gayly transwhatsis as you like, as long as you do it on your own time and don’t try to leverage it against him. You’re as free to be any of those things as you earn for yourself. These are libertarians, not social conservatives, although that’s one of the weirder aggregations of the American right at the moment. They’re brought together by the more than plausible perception that progressive identity politics does, in fact, try to leverage against them, whether it be ‘their’ resources and opportunities or their world view. So I take Bannon himself at his word when he says he’s not racist or sexist or homophobic. To him, all of that is (diagnostically, to be sure) beside the point.
Cognitive latexing against complexity ‘works’, in a pointy kind of way, but of course it comes with consequences. On the left it means we’ll go into the next election cycle still not knowing what hit us or having any idea what to do about it. On the right, among lots of other things you get Bannon.
You may not want to watch this whole video but never fear, I’ve done it for you. Why? Because my own defenses against complexity are poor, so I’m easily distracted. Bannon is actually a smart guy and he’d like to be engaged with the big picture. All that latex though means that the big picture can’t be complex, so he’s got to linearize it. Latex linearity is all over this talk. He tells a story about the heroic history of Judeo-Christian values. He grafts capitalism onto that story without even momentary irony. And here comes the apocalypse: the wealth and opportunity afforded the whole world by Judeo-Christian capitalism is catastrophically imperiled by the huge national debt racked up and then foisted on the common man by the rapacity and cronyism of the Establishment.
We’ve heard this all before. Righteous, angry, frightening certainty around a securely linearized narrative is, as Bannon himself says, one of the most profoundly motivating strategies of being in the world. As is so often the case, this version picks out some things that are more or less true. Bannon is right, he’s just not all the way right. As a linearizer he can’t be all the way right (well, none of us can) but he can be the kind of partly right that ends up being super wrong.
In passing, he’s a little right and then very wrong about the Western Judeo-Christian thing for all the reasons that Kwame Anthony Appiah says better than I could. The consequence of that is a severe truncation of the evolutionary resources that the whole process of historical experimentation has made available to us. Extinction awaits the species that locks itself into a single evolutionary strategy. The dinosaurs are gone but the birds are still with us. Bannon is a tyrannosaurus, which is a cool thing to be until it’s not. Evolution is for the birds.
More importantly he’s also a little bit right about the debt, or rather about how the debt has been played by the various loose assemblages of visionaries, fools, and scoundrels who have gradually over the course of centuries but then with increasing speed in recent times worked out how to make money appear and disappear without material mediation. It’s true, for example, that the numbers are now simply mind-boggling. A trillion here, a trillion there, and pretty soon we’re talking about real money. Except we’re not. None of the money is real except the stuff regular folks are still expected to buy things with and pay back if it’s borrowed. All of the rest of it moves around and pops into and out of existence in computers in whatever numbers are needed to get stuff done from time to time. “Debt” has always been another name for money, but the point of distinguishing them is now functionally obsolete.
Bannon tells the story of the crash of 2008 and its bailout as the story of enormous debt being created that is yet to be accounted for and paid back. What actually happened is that the people who do money finally figured out almost all the way that they could just invent as much of it as they needed to settle things down and get on with being rich. And that’s what they did. Overnight. Several trillion dollars, by fiat. Many more trillions since then, as Bannon says. And it worked. It settled things right down, and it’s still out there being money.
In fact there’s so much money now no one knows what to do with it all. It’s parked in the zeros and ones of offshore computers, waiting for someone to have a bright idea. And still they make more, with no inflation because unlike Zimbabwe and Germany after WW 1, nobody but the latex apocalysts even begins to doubt the robustness of the underlying system. Money that was not borrowed, but flat invented. Money so fungible it makes money pointless. Making people pay for things, and especially making people pay for the money of debt, is at this point just a bad habit. It doesn’t even make the wealthy any wealthier – they can just write themselves on that many zeros and ones any time they like. It’s all counted with machine precision but it doesn’t need to be accounted for, and unless we get really unfathomably stupid, it never needs to be paid back because it was never taken from anywhere it needs to be paid back to.
Unfortunately this is exactly the unfathomable stupidity that Bannon is flogging. We’ve just finally demonstrated conclusively that there’s as much money as we need for whatever we think we need. Right now only ‘the Establishment’ are benefiting fully from that; we can be angry about that together. But we’re literally one evolutionary step from the regime of shared plenty, and the tyrannosaurus wants to collapse plenty into austerity. He wants to haul us back to the horrifying constraints of the gold standard and the poor house.
The problem is that there is literally no way for a linearizer to see this. The new money is an effective abstraction. It’s not causally tied to any material antecedent. It’s not produced by work, or ingenuity, or great stores of gold, or any other tangible whatsis. It’s no longer even indexing the wealth and power of any one nation state. It is enabled by the complexity of the global economy. It is supported by an enormous network of official and unofficial actors, all of them entrained to an accounting regime that completely by accident emerged, first vulnerably in places like Ireland and Greece and then invulnerably in the U.S., into a self-organizing, self-sustaining global guarantor of value. It’s a system that’s big enough and rich enough to effortlessly support a fine standard of living for the kind of global population we’d have if everyone was happy and secure, although right now it’s mostly just driving the left side of the Pareto distribution to ridiculous heights. A Hayek with his market emergence might have been able to wrap his mind around this, although he didn’t buy Keynes’ first rumblings. But it can only baffle and enrage a vulgar fetishist of individual striving like Bannon.
Bannon wants to bring back the jobs and get people working again. Oh for the good old days when America was more separately and tangibly great. This in an environment where our machines have increasingly displaced necessary labor, and where most of us ‘work’ at exchanging optional services in a way that makes the discourses of productivity a cruel joke. Why would we want to bring back jobs? The old folks and historical re-enactors can do whatever jobs they want to while the rest of us figure out what to do with all this time we’ll have on our hands. Make steel, if we like, or not. Learn things and share them with each other. Do one thing today and another tomorrow, hunt in the morning, fish in the afternoon, rear cattle in the evening, criticise after dinner, just as we have a mind, without ever becoming hunter, fisherman, herdsman or critic.
We live in interesting times. The possibility fan includes the worlds of the apocalysts of the left and right, frightened and enraged and weirdly empowered by complexity and change, declaring doom and retreating to a cramped, sustainable austerity. It also includes pushing forward into this new regime that has now fully matured right under our noses. I’d like to think the latter is inevitable but in fact it’s not – the Stephen Effin Bannons of the world actually hold it in their power to enforce their cramped, austere, linear image on the world by decoupling the linkages that make the new order possible. This is now what’s at stake. Everything else is the tail trying to wag the dog.