If you still believe big business is, as novelist and philosopher Ayn Rand famously described it, “America’s Persecuted Minority,” then you must be on the same amphetamines she was taking.
Conservatives have a nasty habit of being sympathetic to corporations, viewing them as a bulwark against government overreach. The reality is far different. If you’re a religious traditionalist in 21st-century America, big business hates your guts.
James E. Miller, “The Business End of Freedom”, Taki’s Magazine, 2016-03-31.
April 10, 2016
QotD: Big business
April 2, 2016
Canada’s new frontier in patriotism: ketchup
Colby Cosh gently pokes fun at the latest outbreak of manufactured patriotic fervor:
An enterprising Toronto man wants to sell us all “Ketchup Patriot” T-shirts, so that the virtuous among us might assert the correct position on the hot issue of whether it is right to eat products made with dubious foreign tomatoes.
This presents me with a dilemma: I agree with the many words already written in this space, and in the Financial Post, about the preposterousness of tomato isolationism; on the other hand, I am pretty sure our future as a country has less to do with mid-grade agricultural products destined for pureeing than it does to do with insta-auto-robo-printing of faddish social-signalling paraphernalia. You have to admire the spirit of enterprise wherever it emerges. The best answer ever given to Che Guevara’s philosophy was the Che Guevara T-shirt.
The “Ketchup Patriot” view favours French’s brand ketchup, which is now made from tomatoes grown in the area around Leamington, Ont. Leamington is practically a creation of the H.J. Heinz Co., which was a major employer there for decades, but fled to the United States in 2014. Few Canadians are employed in the growing of tomatoes, mind you: migrant workers flown into local dormitories and paid around $10 an hour seem to do most of the hard work on Leamington-area farms and in greenhouses.
French’s, best known for selling mustard, is owned by the Reckitt Benckiser Group PLC of Slough, Berkshire. This “Ketchup Patriotism,” the closer you look at it, becomes more and more a matter solely of dream terroir. Canadians don’t get the profits, don’t pick the tomatoes and don’t even can the ketchup — that happens in Ohio, although French’s, obviously aware that it has a whole country by the tail, has hinted at plans to open a new cannery somewhere in Ontario. All we do, for the moment, is own the land. This ketchup has a mystical Canadian essence, one I defy anyone to detect in a blind taste test.
One may not detect the “distinctive Canadian ‘terroir'”, but having actually tasted Heinz and French’s products, there’s a reason that Heinz is the default ketchup for most people.
March 30, 2016
“Craft” brewers that are actually owned by big breweries
Matt Allyn lists quite a number of craft breweries in the United States that are no longer independent or were never independent of the big brewing corporations:
It matters who owns your beer, says Carol Stoudt, founder of Stoudt’s Brewing, “The passion is lost when the people running a brewery don’t have ownership, and then quality suffers.” A bigger concern, one echoed by brewers like Stoudt and Dogfish Head’s Sam Calagione is that the larger companies also have the power to manipulate markets. The chief example, one cited by Calagione, is that corporate brewers will sell their craft-like ale well below the cost of true craft beer to push them off a bar tap line.
The Brewers Association trade group defines a craft brewer as small (less than six million barrels), traditional, and independent — with less than 25 percent ownership by a non-craft brewer.
Here are the current “craft” brewers who don’t meet that ownership criterion:
10 Barrel Brewing — Anheuser-Busch InBev
Ballast Point Brewing — Constellation Brands
Blue Moon Brewing — MillerCoors
Blue Point Brewing — Anheuser-Busch InBev
Breckenridge Brewery — Anheuser-Busch InBev
Camden Town Brewery (U.K.) — Anheuser-Busch InBev
Cervejaria Colorado (Brazil) — Anheuser-Busch InBev
Dundee Brewing — North American Breweries
Elysian Brewing — Anheuser-Busch InBev
Fordham and Dominion Brewing — 40 percent owned by Anheuser-Busch InBev
Founders Brewing — 30 percent owned by Mahou-San Miguel
Four Peaks Brewing — Anheuser-Busch InBev
Golden Road Brewing — Anheuser-Busch InBev
Goose Island Beer Company — Anheuser-Busch InBev
Kona Brewing — 32-percent owned by Anheuser-Busch InBev
Lagunitas Brewing — 50-percent owned by Heineken International
Leinenkugel’s Brewery — MillerCoors
Magic Hat Brewing — North American Breweries
Meantime Brewing (U.K.) — SABMiller
Mendocino Brewing — United Breweries Group
Olde Saratoga Brewing — United Breweries Group
Portland Brewing Company (formerly MacTarnahan’s) — North American Breweries
Pyramid Breweries — North American Breweries
Redhook Brewery — 32-percent owned by Anheuser-Busch InBev
Saint Archer Brewing — MillerCoors
Shock Top Brewing — Anheuser-Busch InBev
Widmer Brewing — 32-percent owned by Anheuser-Busch InBev
March 29, 2016
Why did Apple suddenly grow a pair over consumer privacy and (some) civil rights?
Charles Stross has a theory:
A lot of people are watching the spectacle of Apple vs. the FBI and the Homeland Security Theatre and rubbing their eyes, wondering why Apple (in the person of CEO Tim Cook) is suddenly the knight in shining armour on the side of consumer privacy and civil rights. Apple, after all, is a goliath-sized corporate behemoth with the second largest market cap in US stock market history — what’s in it for them?
As is always the case, to understand why Apple has become so fanatical about customer privacy over the past five years that they’re taking on the US government, you need to follow the money.
[…]
Apple see their long term future as including a global secure payments infrastructure that takes over the role of Visa and Mastercard’s networks — and ultimately of spawning a retail banking subsidiary to provide financial services directly, backed by some of their cash stockpile.
The FBI thought they were asking for a way to unlock a mobile phone, because the FBI is myopically focussed on past criminal investigations, not the future of the technology industry, and the FBI did not understand that they were actually asking for a way to tracelessly unlock and mess with every ATM and credit card on the planet circa 2030 (if not via Apple, then via the other phone OSs, once the festering security fleapit that is Android wakes up and smells the money).
If the FBI get what they want, then the back door will be installed and the next-generation payments infrastructure will be just as prone to fraud as the last-generation card infrastructure, with its card skimmers and identity theft.
And this is why Tim Cook is willing to go to the mattresses with the US department of justice over iOS security: if nobody trusts their iPhone, nobody will be willing to trust the next-generation Apple Bank, and Apple is going to lose their best option for securing their cash pile as it climbs towards the stratosphere.
March 20, 2016
Apple software engineers threaten to quit rather than crack encryption for the government
It’s only a rumour rather than a definite stand, but it is a hopeful one for civil liberties:
The spirit of anarchy and anti-establishment still runs strong at Apple. Rather than comply with the government’s requests to develop a so-called “GovtOS” to unlock the iPhone 5c of San Bernardino shooter Syed Rizwan Farook, The New York Times‘ half-dozen sources say that some software engineers may quit instead. “It’s an independent culture and a rebellious one,” former Apple engineering manager Jean-Louis Gassée tells NYT. “If the government tries to compel testimony or action from these engineers, good luck with that.”
Former senior product manager for Apple’s security and privacy division Window Snyder agrees. “If someone attempts to force them to work on something that’s outside their personal values, they can expect to find a position that’s a better fit somewhere else.”
In another instance of Apple’s company culture clashing with what the federal government demands, the development teams are apparently relatively siloed off from one another. It isn’t until a product gets closer to release that disparate teams like hardware and software engineers come together for finalizing a given gizmo. NYT notes that the team of six to 10 engineers needed to develop the back door doesn’t currently exist and that forcing any sort of collaboration would be incredibly difficult, again, due to how Apple works internally.
March 18, 2016
QotD: The war on competence
There is a war on. People who can do things, even just the things our parents could do, or less, are losing.
[…]
But there is worse. Lately I’ve been running into a new category “people who can’t do their jobs.” And these aren’t just our manual labor imports, I mean, people who supposedly are trained and certified and either can’t or won’t do their jobs.
I know everyone was very impatient with me last year when I was fixing the house for sale, but honestly, there is a reason I do all the manual labor I can. The reason is the tile wall I paid someone 1500 to fix (it had fallen. Long story) and which fell in the night, the day after he put it up. He’d mixed the adhesive wrong. So he came back and fixed it. It fell again. The third time I got a book (this was before Youtube) figured how to do it and did it. This wasn’t an isolated incident. It just keeps happening when someone comes over to fix something. So if I can, I do it.
But there’s more serious cases, like the guy who replaced our brakes but didn’t replace the brake cables. Leading to us losing brake power 15 minutes later. (Thank G-d someone was looking out for us. We lost it a) when Dan was driving. I’d have panicked. Well, he did too, but… he works even panicked. b) we were JUST outside a garage c) we’d been going very slowly.) Or the doctor who convinced himself my 13 year old had an STD and wouldn’t listen to the kid when he insisted he was a virgin. If I hadn’t gone over his head to a urologist, and told the boy to stop taking the antibiotic that was making him ill, my son would probably have died within months. (Of the problem, which was rare, but not unheard of particularly in early teens. As in the urologist identified it on symptoms alone.)
I’ve been given completely wrong instructions by someone selling me a machine or a product. I’ve had ghastly things done to garments or objects taken in for repair because the person who was supposedly an expert on this just couldn’t do it.
[…]
Publishing… well, there’s a reason the houses are floundering. And it’s not just the innovation, the end of push marketing, or the fact they can’t wrap heads around Amazon. That’s all I’ll say. Every time someone tells me they can’t go indie because how do they know the book is good if no professional has read it, I remember when I was sitting in a panel with the editor of my friend’s book, (professional, one of the big five) and it became clear not only hadn’t she read the book, but she had only skimmed the proposal. I later watched for the tells and (other than Baen) most of my books were published without anyone but the copyeditor even looking at them. And the copyeditor often sounded like she (it was always a she) had a high school education, even the ones editing history books.
Movie making. Director’s cuts are illuminating. “I filmed that scene, then it didn’t work. I don’t know why” — usually the reason is a gross error in basic storytelling. One anyone who had read a couples of plotting books could fix. But billionaires in Hollywood have no clue. They were never trained.
Sarah Hoyt, “The War On Competence”, According to Hoyt, 2016-03-04.
March 3, 2016
The economic consequences of sustained cheap oil
Tim Harford explains why cheaper oil is generally speaking good for the economy:
After years in which $100 oil was the norm, the price of Brent crude is now around a third of that. Assume for a moment that Russia and Saudi Arabia fail in their efforts to get the price back up. Will $30 oil change the world? The answer is yes, of course. Everything is connected to everything else in economics, and that is particularly true when it comes to oil. For all the talk of the weightless economy, we’re not quite so post-industrial as to be able to ignore the cost of energy. Because oil is versatile and easy to transport, it remains the lubricant for the world’s energy system.
The rule of thumb has always been that while low oil prices are bad for the planet, they’re good for the economy. Last year a report from PwC estimated that a permanent fall in the price of oil by $50 would boost the size of the UK economy by about 1 per cent over five years, since the benefits — to most sectors but particularly to heavy industry, agriculture and air travel — would outweigh the costs to the oil production industry itself.
That represents the conventional wisdom, as well as historical experience. Oil was cheap throughout America’s halcyon years of the 1950s and 1960s; the oil shocks of the 1970s came alongside serious economic pain. The boom of the 1990s was usually credited to the world wide web but oil prices were very low and they soared to record levels in the run-up to the great recession. We can debate how important the oil price fluctuations were but the link between good times and cheap oil is not a coincidence.
Here’s a piece of back-of-the-envelope economics. The world consumes nearly 100 million barrels a day of oil, which is $10bn a day — or $3.5tn a year — at the $100 price to which we’ve become accustomed. A sustained collapse in the oil price would slice more than $2tn off that bill — set against a world economic output of around $80tn, that’s far from trivial. It is a huge transfer from the wallets of oil producers to those of oil consumers.
March 1, 2016
BrewDog releases all their beer recipies
Lester Haines on the recent decision by BrewDog to open source their entire beer recipie list:
From humble home-brewing origins, James Watt and Martin Dickie have grown BrewDog to an international craft beer operation. Along the way, they’ve claimed the “world’s strongest beer” title twice, firstly with the 41 per cent ABV Sink The Bismarck!, and then with the liver-bashing 55 per cent ABV The End of History.
The recipes for both (albeit with somewhat less lethal ABVs) are available on BrewDog’s “DIY Dog” PDF (see here), along with other tempting tipples such as Tactical Nuclear Penguin and Albino Squid Assassin.
February 26, 2016
QotD: The odd persistence of regional food
Philadelphians laugh at the pathetic imitations of “Philly steaks” offered elsewhere for the same reason Texans laugh at barbecue made north of the Mason-Dixon line. And both groups are right to laugh. It just ain’t the same.
Every time I order up a mess of barbecue at a place like Rudy’s or County Line or Dick’s Last Resort I think to myself “Someday, one of these barbecue outfits has got to start offering decent bread. Their sales would go through the roof.” I’ve been waiting for the market to correct this problem for more than twenty years now — and it hasn’t happened. And thereby hangs a mystery.
The mystery is the curious persistence of regional food differences in a country with cheap transport and the best communications network in the world. There are places in the U.S. where you can reliably get really good bread — mostly the coastal metroplexes. There are places you can get real barbecue, in the heartland South and Southwest. And these zones just don’t overlap. (Yes, they have a gourmet-bread bakery in Austin. I suspect, if I went there, I’d find it a lot like the Chinese food in Ann Arbor — impressive to the locals, maybe, but only because their standards are so low.)
I could multiply examples. Sourdough bread — I’ve had it everywhere you can get it and it just doesn’t taste right outside of San Francisco. The East Coast versions are competent, but lack some subtle tang. Yeast strain? Something in the water? Who knows?
Cheesecake. There’s a good one. Anybody who has lived in New York won’t touch most cheesecake made elsewhere at gunpoint, and with good reason. Next to a traditional New-York-style baked cheesecake (the kind you can stand a fork in because it has the approximate density of neutronium) all others are a sort of pathetic, tasteless cheese gelatin. In this case the recipe is clearly what matters.
Or deep-dish pizza. Try to get that done right anywhere but Chicago. Good luck. Actually, the Philly/South Jersey area may be the only other part of the U.S.that can almost make this nut, and our thin-crust pizza is better. But why? Why don’t the good techniques go national and drive out the weaker competition?
The obvious answer would be that nationwide, tastes differ too much for one regional variant to dominate. But many cases there isn’t even any dispute about where the best variant comes from; the superiority of “New York style” cheesecake. for example, is so universally understood that restaurants elsewhere often bill their cheesecake that way even when it’s actually half-composed of “lite” garbage like ricotta or cottage cheese. Nobody who has ever tasted one doubts that Philly steaks are the acme of the art. And nobody — but nobody — who can get both passes up Texas barbecue for what they make in New Haven or Walla Walla.
So you’d think that the market would have propagated Texas slow-cooking, San Francisco yeast starters and the Philly steak roll all over the country by now. But some food technologies travel better than others, and some seem curiously unable to thrive outside their native climes. Cheesecake recipes may survive transmission relatively well, but the mysteries of good barbecue are subtle and deep. Pizzas rely on elaborate oven and dough-mix technology that probably tends to conserve regional variations simply because it’s too capital-intensive to mess with casually.
I’ve meditated on the matter and still can’t decide whether I think that’s a good thing or not. The approved thing for travel writers to do is wax lyrical about the wonderfulness of regional variety, as if it would somehow fail to be an improvement in the world if I could get decent bread with my barbecue. The hell with that kind of sentimentality; I’d rather have a better meal.
But there’s a point buried there somewhere — something that isn’t about the bread or the barbecue, but about what it feels like to sit in a dusty roadside joint like Rudy’s, surrounded by cases of Red Pop and overweight rednecks in tractor caps and checked shirts, with the food of the gods melting in your mouth, and thinking “Damn, this place is tacky, but I hope it lives forever.”
Eric S. Raymond, “The Non-Portability of Barbecue”, Armed and Dangerous, 2002-07-18.
February 17, 2016
The “Great Cauliflower Crisis” of 2016
Colby Cosh writes the epitaph for that terrible month of January 2016, when the people were sorely oppressed by the Great Cauliflower Crisis:
I must have been assured a dozen times that peak cauliflower was a dark foretaste of the New Normal, a state of permanent food uncertainty in a ravaged world of shattered supply chains and sporadic kohlrabi riots. It turns out we are, for the moment, still living in the Old Normal: food is cheap and plentiful, far more so than it was even for our parents, but there are still very occasional kinks in our system of delivering fresh produce to our tables year-round, kinks that the market can usually sort out given a few weeks.
[…]
You will note that this price event had nothing to do with climate change per se, or even with the chronic drought conditions that have existed in California for the past few years. That did not discourage anybody who was already disposed to mutter about how California is doomed, or about how the whole planet is. Others who have collapsitarian/“prepper”/millenarian streaks shook their heads and saw the first inklings of the logistical breakdown that is always just about to devour the world.
And the “food security” people: oh, they had a field day. That phrase seems to mean something different every time I see it used; often “food insecurity” is a near-synonym for “being broke.” But if you are “food insecure” in that sense of the term, fresh cauliflower should probably not be a staple of your cooking in the first place. Depend on beans, potatoes, and whatever’s on sale, and let the paleo nerds fight for cauliflower until their madness evolves into another form. Honestly, the stuff can be surprisingly wonderful if prepared right, but you have to be kidding yourself a little bit to consider it positively delightful, don’t you?
February 14, 2016
QotD: President Herbert Hoover’s lasting economic legacy
Until March 1933, these were the years of President Herbert Hoover — the man that anti-capitalists depict as a champion of non-interventionist, laissez-faire economics.
Did Hoover really subscribe to a “hands off the economy,” free-market philosophy? His opponent in the 1932 election, Franklin Roosevelt, didn’t think so. During the campaign, Roosevelt blasted Hoover for spending and taxing too much, boosting the national debt, choking off trade, and putting millions of people on the dole. He accused the president of “reckless and extravagant” spending, of thinking “that we ought to center control of everything in Washington as rapidly as possible,” and of presiding over “the greatest spending administration in peacetime in all of history.” Roosevelt’s running mate, John Nance Garner, charged that Hoover was “leading the country down the path of socialism.” Contrary to the modern myth about Hoover, Roosevelt and Garner were absolutely right.
The crowning folly of the Hoover administration was the Smoot-Hawley Tariff, passed in June 1930. It came on top of the Fordney-McCumber Tariff of 1922, which had already put American agriculture in a tailspin during the preceding decade. The most protectionist legislation in U.S. history, Smoot-Hawley virtually closed the borders to foreign goods and ignited a vicious international trade war.
Officials in the administration and in Congress believed that raising trade barriers would force Americans to buy more goods made at home, which would solve the nagging unemployment problem. They ignored an important principle of international commerce: trade is ultimately a two-way street; if foreigners cannot sell their goods here, then they cannot earn the dollars they need to buy here.
Foreign companies and their workers were flattened by Smoot-Hawley’s steep tariff rates, and foreign governments soon retaliated with trade barriers of their own. With their ability to sell in the American market severely hampered, they curtailed their purchases of American goods. American agriculture was particularly hard hit. With a stroke of the presidential pen, farmers in this country lost nearly a third of their markets. Farm prices plummeted and tens of thousands of farmers went bankrupt. With the collapse of agriculture, rural banks failed in record numbers, dragging down hundreds of thousands of their customers.
Hoover dramatically increased government spending for subsidy and relief schemes. In the space of one year alone, from 1930 to 1931, the federal government’s share of GNP increased by about one-third.
Hoover’s agricultural bureaucracy doled out hundreds of millions of dollars to wheat and cotton farmers even as the new tariffs wiped out their markets. His Reconstruction Finance Corporation ladled out billions more in business subsidies. Commenting decades later on Hoover’s administration, Rexford Guy Tugwell, one of the architects of Franklin Roosevelt’s policies of the 1930s, explained, “We didn’t admit it at the time, but practically the whole New Deal was extrapolated from programs that Hoover started.”
To compound the folly of high tariffs and huge subsidies, Congress then passed and Hoover signed the Revenue Act of 1932. It doubled the income tax for most Americans; the top bracket more than doubled, going from 24 percent to 63 percent. Exemptions were lowered; the earned income credit was abolished; corporate and estate taxes were raised; new gift, gasoline, and auto taxes were imposed; and postal rates were sharply hiked.
Can any serious scholar observe the Hoover administration’s massive economic intervention and, with a straight face, pronounce the inevitably deleterious effects as the fault of free markets?
Lawrence W. Reed, “The Great Depression was a Calamity of Unfettered Capitalism”, The Freeman, 2014-11-28.
February 11, 2016
QotD: Dissing Wal-Mart as a cultural signalling device
There’s no sign of it here in Magnolia, Ark., but the boycott season is upon us, and graduates of Princeton and Bryn Mawr are demanding “justice” from Wal-Mart, which is not in the justice business but in the groceries, clothes, and car-batteries business. It is easy to scoff, but I am ready to start taking the social-justice warriors’ insipid rhetoric seriously — as soon as two things happen: First, I want to hear from the Wal-Mart-protesting riffraff a definition of “justice” that is something that does not boil down to “I Get What I Want, Irrespective of Other Concerns.”
Second, I want to turn on the radio and hear Jay-Z boasting about his new Timex.
It is remarkable that Wal-Mart, a company that makes a modest profit margin (typically between 3 percent and 3.5 percent) selling ordinary people ordinary goods at low prices, is the great hate totem for the well-heeled Left, whose best-known celebrity spokesclowns would not be caught so much as downwind from a Supercenter, while at the same time, nobody is out with placards and illiterate slogans and generally risible moral posturing in front of boutiques dealing in Rolex, Prada, Hermès, et al. It’s almost as if there is a motive at work here other than that which is stated by our big-box-bashing friends on the left and their A-list human bullhorns.
What might that be?
Kevin D. Williamson, “Who Boycotts Wal-Mart? Social-justice warriors who are too enlightened to let their poor neighbors pay lower prices”, National Review, 2014-11-30.
January 29, 2016
QotD: Summing up the Wal-Mart fortunes
One of the obvious points being made, as is now traditional, concerning the great wealth of the Walton family, those inheritors of Sam Walton’s cash and stock. It’s not actually all that difficult to get people riled up about a store paying an average of $8.80 an hour (for non-supervisory staff) when the people who own the company have some $150 billion in wealth. However, that’s not actually the correct response. And insisting upon a change in public policy so that some of that wealth is paid to those workers, or that it should be taxed away in some manner, would be very much the wrong answer. For, you see, those Waltons actually deserve that $150 billion: we should be absolutely overjoyed that they have it in fact.
[…]
So, we get $250 billion a year and the Waltons, the inheritors of the man who started it all off, get $150 billion. We get more than they do: that sounds like a pretty good deal really. Except that is of course to grossly overstate what they are getting. That mountain of cash they’ve got is not an annual figure: that’s the capital value, their wealth, not the income from one year. Our benefit is what we save in one year. That value of WalMart stock is the net present value of everything that WalMart is expected to make in profits from now until eternity (although obviously we use a discount rate so that something 40 years out is given less importance than something next year). So we need to adjust our $250 billion figure in the same manner to make the two numbers comparable.
The easiest way to do that is simply to ignore discounting and to also impose a 20 year time limit. Neither assumption is correct but it’ll give us a nice rough and ready guess at the capital value to us all of those annual savings. And the answer if we do it that way is that the current value of WalMart’s existence to the rest of us is $5 trillion. That’s the number that is comparable to that $150 billion family fortune. They’re both the net present values of future income streams which does indeed make them comparable even if that value to us is calculated in a much simpler manner than the way the stock market values WalMart.
At which point it looks like we’re getting a massive bargain. We get $5 trillion and the people who made it happen only get $150 billion? Why aren’t we cheering in the streets over this rather than demonstrating in them about how awful it all is?
Tim Worstall, “The Waltons Deserve Their Hundred Fifty Billion; The Rest Of Us Gain $5 Trillion From Walmart’s Existence”, Forbes, 2014-11-29.
January 26, 2016
QotD: The rise of the superhero movie genre
Why Superheroes? What is it about the Superheroic genre that makes supermovies better than modern mainstream movies?
The answer is threefold.
First, older mainstream movies, such as GONE WITH THE WIND and WIZARD OF OZ did not follow the modernist and postmodernist tastes which have ruined so many recent movies. Those mentally empty and morally corrupt philosophies had not yet reached mainstream popular entertainment in those days.
So the first part of the answer is not that superhero movies grew better than normal, just that mainstream movies grew worse. This happened as nonconformists of the 1960’s and 70’s became the establishment in Hollywood. Their world view, which I here have called dehumanism, when consistently portrayed, lacks sympathy, drama, purpose, point and meaning; and therefore the films that win acclaim by accurately reflecting the dehuman world-view lose the ability to tell a tale in a dramatically satisfying way. Dehumanity and drama are mutually exclusive. More of one means less of another; and it is a rare genius who can reconcile the two.
The modern movies that most obviously defy these corroded modern conventions are deliberately nostalgic homages to serial cliffhangers: STAR WARS and RAIDERS OF THE LOST ARK. These are among the bestselling movies of all time, and they transformed the industry and the audience expectations: summer blockbuster tentpole movies spring from nostalgic roots.
Second, there have always been superhero movies, such as CAPTAIN MARVEL serial cliffhangers. Not until recently has the special effects been able to match what pen and ink portrays. The amount of suspension of disbelief needed to feel a real thrill untainted with cynicism when watching some feat of derring-do portrayed with cheesy special effects is rather high, and only small children have that much imagination to spare. We grown-ups need more realistic special effects before we will believe a man can actually fly. So technical advances, not any change in the manners and morals of the people, allow superheroics to appear on the silver screen in a fashion that they once upon a time could not.
Third, and most importantly, superhero movies, like homages to serial cliffhangers, are fundamentally nostalgic, fundamentally childlike. One of the conventions of nostalgia is that the audience is not allowed to scoff or look cynical at the simplistic purity of the drama. If someone says STAR WARS is simply too blatantly black-and-white, with its orphaned farmboy hero in a white gi, and evil warlock-knight villain in a black cape, black skull mask, black Nazi helmet, and black lung disease wheezing, that someone just does not “get” the film. The purity of the theme is not a bug, it is a feature.
The superhero movie, along with the crowd of science fiction and fantasy movies, was welcomed into the movie theaters only after STAR WARS made such genre films respectable (which it did by tallying up a respectable profit).
Now, mere nostalgia is not the selling point. GONE WITH THE WIND or MEET ME IN SAINT LOUIS or CINDERELLA MAN or SEABISCUIT are all nostalgic movies, historical period pieces taking place in periods still within living memory (at the time they were made) of the older members of the audience. No, the rise of cliffhanger serial movies and superhero movies are a particular type of nostalgia: a longing not for our childhood, but instead for the stories from serials and comics of our childhood.
And this is for the most practical and obvious reason imaginable: stories from the serials and comics of our childhood were more decent, more entertaining, and, in their simplistic way, a better reflection of the Great Tale of salvation and redemption which makes all great stories great.
Childhood tales of heroes and superheroes are not tainted with deconstructive postmodernism. Tales of heroes are about salvation, saving people in the most literal sense of the word.
John C. Wright, “Supermanity and Dehumanity (Complete)”, John C. Wright’s Journal, 2014-12-13.
January 22, 2016
QotD: Non-monetary incentives
… the free market flourishes when everyone, most of the time, refrains from taking advantage of each other’s vulnerability.
Many people, especially college professors, are surprised by how much honesty, reciprocity, and trust exist among those who engage in business. The biggest, most successful corporations in the world, such as Google and Apple, are renown[ed] for how much they trust their employees and how much independence they give them. (There are much smaller companies that do so, too.) A very successful entrepreneur I know told me recently that the key to running a large, profitable business is to treat your employees, suppliers, and customers with respect and like responsible people. It’s just not possible always to be looking over someone’s shoulder.
When you trust people to reciprocate that trust, you’re taking a chance that they may take advantage of you. Such pessimism, however, means your relationships with other people — your suppliers, employees, and customers — will never have a chance to flourish. That’s why it goes against your long-term interests to hunker down and never leave yourself vulnerable to opportunistic behavior.
The incentive to treat people right by following norms of honesty and fair play is non-monetary, but it can make your business prosper. It seems that the best business owners aren’t driven primarily by profit-seeking, although they probably wouldn’t do what they’re doing without earning that profit. No, the incentives they follow often have more to do with knowing that they’ve done things the right way and so deserve all that they’ve earned. (Which is why they can get very upset when a politician says, “If you’ve got a business, you didn’t build that.”) That knowledge is something all the money in the world can’t buy.
Sandy Ikeda, “Incentives 101: Why good intentions fail and passing a law still won’t get it done”, The Freeman, 2014-11-13.




