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The Long Nap: Difference between revisions
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''The period beginning on September 2, 1945, and ending 75 years later on February 19, 2020âwhich signaled the end of World War II and the beginning of the slide from the peak of the stock market when the world began to accept that the Coronavirus was indeed a serious pandemic, respectively.'' | ''The period beginning on September 2, 1945, and ending 75 years later on February 19, 2020âwhich signaled the end of World War II and the beginning of the slide from the peak of the stock market when the world began to accept that the Coronavirus was indeed a serious pandemic, respectively.'' | ||
''The Big Nap, in this theory, is itself divided into three sections.'' | '''''The Big Nap''', in this theory, is itself divided into three sections.'' | ||
* ''The âpower sleepâ (1945 to 1970), when economic growth was extraordinary, and the memory of World War II was still fresh.'' | * ''The âpower sleepâ (1945 to 1970), when economic growth was extraordinary, and the memory of World War II was still fresh.'' | ||
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* ''The âdeep sleepâ (1974 to 2020 and the COVID-19 pandemic era), characterized by what I've termed elsewhere, the ânew gimmick economyâ in which leaders at first look to restart growth but, sometime in the 1980's, actually gave up and began selling claims against the future so that a small leadership class could continue to pretend the growth was indeed continuing by transferring wealth from their descendants' futures, and from workers who could not politically protect themselves from predation.'' | * ''The âdeep sleepâ (1974 to 2020 and the COVID-19 pandemic era), characterized by what I've termed elsewhere, the ânew gimmick economyâ in which leaders at first look to restart growth but, sometime in the 1980's, actually gave up and began selling claims against the future so that a small leadership class could continue to pretend the growth was indeed continuing by transferring wealth from their descendants' futures, and from workers who could not politically protect themselves from predation.'' | ||
''The Big | '''''The Big Nap'''âat least in the developed free worldâwas essentially characterized as a run of extraordinary relative good luck and serenity (at least by the historical standards set by previous world wars, pandemics, depressions and depressions), where the new gathering storm clouds of the Cold War threatened and menaced in the distance, but the skies directly above remained unprecedentedly clear. This created a bizarre developmental environment where the serenity of the Big Nap led to a worldwide epidemic of magical thinking among the expert and leadership classes that were raised during this time.'' | ||
''As I understand it, we are in fact stuck with the mystery of a leadership class that cannot leave the stage nor let go of its illusions and whom I will refer to as | ''As I understand it, we are in fact stuck with the mystery of a leadership class that cannot leave the stage nor let go of its illusions and whom I will refer to as '''The Big Nappers'''. In the United States, the final five major [2020] presidential candidates were all miraculously born between 1941 and 1949 within four years of the beginning of '''The Big Nap'''. Now that is indeed quite a mystery considering the original diversity of the field of hopeful contendersâfor to be qualified for the final field you needed to be well past retirement age so that any of the five finalists would be the oldest president ever to take the oath of office. Said differently, to be a true '''Big Napper''' you needed to have a full lifeâs sleep.'' | ||
''What puzzles me as we shelter in place with no credible plan to regain control of our planet, our lives, and our economy, is what explains our anomalous selection process? I myself am not entirely certain, but I would venture a guess: I would posit that this group is characterized roughly as people who have at least some meaningful formative memory of the time before the mysterious economic transition in the early 1970s. All of the finalists could remember the Cuban Missile Crisis or the moment that they heard of the Kennedy and King assassinations, and where they watched the first moon landing. Yet they also came of age with childhoods untouched by the diversity that followed from the 1965 Immigration Act in the United States or the trauma of service in Vietnam. In short, what they appear to have in common to me is that they both prospered under all three phases of | ''What puzzles me as we shelter in place with no credible plan to regain control of our planet, our lives, and our economy, is what explains our anomalous selection process? I myself am not entirely certain, but I would venture a guess: I would posit that this group is characterized roughly as people who have at least some meaningful formative memory of the time before the mysterious economic transition in the early 1970s. All of the finalists could remember the Cuban Missile Crisis or the moment that they heard of the Kennedy and King assassinations, and where they watched the first moon landing. Yet they also came of age with childhoods untouched by the diversity that followed from the 1965 Immigration Act in the United States or the trauma of service in Vietnam. In short, what they appear to have in common to me is that they both prospered under all three phases of '''The Big Nap''' and remained intellectually coherent, at least among themselves.'' | ||
''If you think of a wealthy and reasonably equal country as akin to a family that got wealthy together from a successful family business, these are the people who saw the business prosper in their youth from their parentsâ efforts and, when the business began to fail in the early 1970s, began to collectively sell-off and mortgage the business's remaining valuable assets to disguise the new losses as adults. So long as this class repeated the mantras as a choir that originally came from the academic experts and think tanks that were speaking through the leading newspapers, none of them had to take an excess of responsibility for ideas that could never bear full scrutiny if subjected to serious interrogation. These mantrasâof deregulation, globalization, financialization, education, authoritative news sources, central banking, immigration, and consolidationâwere constructed so that this group could believe that the growth and prosperity that they had experienced as young people were continuing for everyone. That is, so long as they didn't notice the homeless encampments, the mounting student debt, the inequality, rising foreign power, and diminution of national sovereignty.'' | ''If you think of a wealthy and reasonably equal country as akin to a family that got wealthy together from a successful family business, these are the people who saw the business prosper in their youth from their parentsâ efforts and, when the business began to fail in the early 1970s, began to collectively sell-off and mortgage the business's remaining valuable assets to disguise the new losses as adults. So long as this class repeated the mantras as a choir that originally came from the academic experts and think tanks that were speaking through the leading newspapers, none of them had to take an excess of responsibility for ideas that could never bear full scrutiny if subjected to serious interrogation. These mantrasâof deregulation, globalization, financialization, education, authoritative news sources, central banking, immigration, and consolidationâwere constructed so that this group could believe that the growth and prosperity that they had experienced as young people were continuing for everyone. That is, so long as they didn't notice the homeless encampments, the mounting student debt, the inequality, rising foreign power, and diminution of national sovereignty.'' | ||
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''Because the most aggressive such nonsense has become structural through what must be admitted to be an unexpectedly successful pattern of perseveration over more than four decades, our senior leadership class can be relied upon to engage in magical thinking on just about everything in the world of policy. They are not wrong in the same way that younger people on the internet are wrongâwith a million different personal opinions which when aggregated seem to cancel each other out. Instead, this group is actually distinguished by their ability to close their eyes and march in a coherent and even bipartisan direction whenever the source of their growing wealth is actually a suitably and sufficiently disguised transfer from their own children, or a transfer of power to a foreign competitor.'' | ''Because the most aggressive such nonsense has become structural through what must be admitted to be an unexpectedly successful pattern of perseveration over more than four decades, our senior leadership class can be relied upon to engage in magical thinking on just about everything in the world of policy. They are not wrong in the same way that younger people on the internet are wrongâwith a million different personal opinions which when aggregated seem to cancel each other out. Instead, this group is actually distinguished by their ability to close their eyes and march in a coherent and even bipartisan direction whenever the source of their growing wealth is actually a suitably and sufficiently disguised transfer from their own children, or a transfer of power to a foreign competitor.'' | ||
''Which brings us to the following generations and their Great Awakening from | ''Which brings us to the following generations and their Great Awakening from '''The Big Nap'''. At this point, it has become clear to the younger generations that an enormous number of young, alienated, deeply-indebted, and underemployed Millennials or Gen-Xers were able to see this coming for some time. The timestamps on official tweets and newspaper filings are a matter of public record, and there is little question that the wretched internet menagerie trounced the experts on a global matter of life and death. I cannot believe I'm saying this, but in many cases, the cesspool that is 4chan outcompeted the nation's top-ranking health officials and did so handily. When the dreaded internetâmade up of supposedly untouchable trolls, gadflies, tech bros, xenophobes, grifters, edgelords, shitposters, racists, fascists⌠which is to say, the basket of deplorables beyond the control of the institutions that our betters warned us aboutâeasily outcompeted the telegenic MDs, Ivy Leaguers, editorial boards, mayors, and even the executive branch, the jig was finally up: the need to stay within institutionally-acceptable parameters of discussion functioned as if it was an 80 point IQ handicap. The Overton Window had become a deathtrap of defenestration into the waiting jaws of COVID. Those whose primary concern was not public health, but instead respectability, protecting short term profits, or covering for our lack of preparedness, ended up giving deadly advice.'' | ||
''The final nail in the coffinâand I am on the verge of literal speech hereâhad to be the spectacle of our Surgeon General and the Centers for Disease Control blatantly lying by parroting The World Health Organization (which was now seemingly enthralled to Chinese masters) in telling ordinary Americans to put themselves, and each other, at risk of death by eschewing face masks. This was apparently to cover for experts who had cut corners on costs by failing to keep basic life-saving medical equipment and supplies stocked for just such surges.'' | ''The final nail in the coffinâand I am on the verge of literal speech hereâhad to be the spectacle of our Surgeon General and the Centers for Disease Control blatantly lying by parroting The World Health Organization (which was now seemingly enthralled to Chinese masters) in telling ordinary Americans to put themselves, and each other, at risk of death by eschewing face masks. This was apparently to cover for experts who had cut corners on costs by failing to keep basic life-saving medical equipment and supplies stocked for just such surges.'' | ||