To continue with the thought of how communication devices work great for machines but not so for humans:
“Spain has tried to shrug off a comparison with Greece and Portugal — but markets were dubious following comments by EU Economy Commissioner Joaquin Almunia who said Wednesday that high wages and low productivity in all three make them less competitive against other European nations. Changing that would mean wide economic reforms — such as making labor conditions more flexible and opening up markets for goods and services. Greece is promising to do this but markets doubt that it can in time to generate growth. In the meantime, hefty public spending cuts could wreck any chance of economic recovery. “The reason why investors are so scared is that they find it difficult to see how these economies are going to return to reasonably robust growth or any growth,” said Tilford, adding that a devaluation usually accompanies such cuts. Euro countries no longer have their own currency to devalue, which boosts exports and makes them more attractive manufacturing destinations. So instead they have to force wages down by other means, in part by cutting them for public sector workers.”
Europe Debt Crisis Intensifies Feb 5, 2010 By AOIFE WHITE and PAN PYLAS, AP Business Writers
Another AP article from the exact same day:
“JPMorgan Chase & Co. CEO Jamie Dimon received a stock bonus valued at nearly $16 million for 2009 after steering the big bank through the aftermath of the financial crisis, the company said Friday…. Like other big bank CEOs, Dimon received no cash bonus for 2009. Instead, he got $7.8 million in restricted stock and 563,562 in restricted stock options, JPMorgan said. The options are valued at about $8.1 million, bringing his total 2009 bonus to $15.9 million. Also on Friday, Goldman Sachs Group Inc. reported that CEO Lloyd Blankfein is getting a $9 million stock bonus for 2009. The bank said in a securities filing that Blankfein will receive more than 58,000 shares of restricted stock. Blankfein can’t cash in the shares for five years.”
I guess the article that is missing, that we will probably never see from the AP or any other corporate news source (Rupert Murdoch owned or otherwise), is the interviews with folks in Greece, Portugal, or Spain as to how they feel about their wages going down, the loss of their jobs, and the disappearance of vital public services. Joyfully they will reply that “We need to guarantee that investors like Mr. Dimon, Mr. Blankfein, and other CEO’s will make good on their investments.” Machines get it, do we?
So where does that leave practicing artists? The arts don’t exist separately, in a vacuum. They manifest what is already included in the world they find themselves in. With a Giacometti stick figure being fetched by the likes of Jamie or Lloyd, it gives us some inkling as to a ditto structure for artists. I guess what it says is that second (and third) tier artists should be prepared to dedicate and sacrifice themselves even more for the success and accomplishment of their first tier compatriots. It all seems so natural, almost Darwinian, doesn’t it?
“In other words, the problem is not simply that success and efficiency have become the supreme values of our late capitalist society (as we often hear from critics of this society) – there is nothing particularly new in this; social promotion of success (defined in different ways) has existed since time immemorial. The problem is, rather, that success is becoming almost a biological notion, and thus the foundation of a genuine racism of successfulness. The poorest and most miserable are no longer perceived as a socioeconomic class, but almost as a race of their own, as a special form of life. We are indeed witnessing a spectacular rise of racism or, more precisely, of “racization.” This is to say that we are no longer simply dealing with racism in its traditional sense of hatred toward other races, but also and above all with a production of (new) races based on economic, political, and class differences and factors, as well as with the segregation based on these differences. If traditional racism tended to socialize biological features- that is, directly translate them into cultural and symbolic points of a given order- contemporary racism works in the opposite direction. It tends to “naturalize” the differences and features produced by the sociosymbolic order.”
Pg. 5 and 6, The Odd One In: On Comedy By Alenka Zupancic MIT Press 2008