Tag Archives: Wall Street

“New York 2140” by Kim Stanley Robinson

You have to admire an author who stands an academic/cultural trope on its head. We’ve all heard of The Tragedy of the Commons, right? Heavy. Very heavy. Robinson brings us…the COMEDY of the Commons! I love it. Among other fancies, he produces a new Tom Sawyer/Huck Finn duo, Stefan and Roberto, a pair of “water rats” who live by luck and their wits in a stolen Zodiac in the drowned city of Lower Manhattan.

This book reminds me of The Martian by Andy Weir. In The Martian, one man fights a planet for survival. In New York 2140 Robinson creates a crowd of lovable eccentrics and follows their struggles on the hard-to-recognize landscape of New York after sea level rise.

Robinson treats himself to a “chorus”, the presence of a non-participant (identified as “citizen” or “the city smartass”) who comments on the setting (the New York bight) and sometimes addresses the reader, as in the following rant:

“Because life is robust,

Because life is bigger than equations, stronger than money, stronger than guns and poison and bad zoning policy, stronger than capitalism,

Because Mother Nature bats last, and Mother Ocean is strong, and we live inside our mothers forever, and Life is tenacious and you can never kill it, you can never buy it,

So Life is going to dive down into your dark pools, Life is going to explode the enclosures and bring back the commons,

O you dark pools of money and law and quanitudinal(sic) stupidity, you over simple algorithms of greed, you desperate simpletons hoping for a story you can understand,

Hoping for safety, hoping for cessation of uncertainty, hoping for ownership of volatility, O you poor fearful jerks,

Life! Life! Life! Life is going to kick your ass!”

Robinson is channeling Walt Whitman here. (Whether I believe this or not is a question for another day.)

The basic scenario of New York 2140 is that sea level rise, happening in two “pulses” rather than slowly, has transpired and a great deal of land has been abandoned. But New York City is just too valuable, so it evolves into three zones – dry land in northern Manhattan, an “intertidal” zone and a marginally occupied, heavily damaged Lower Manhattan. The book takes place in the intertidal zone, which is starting to “gentrify”.

Robinson quotes a number of sources throughout the book, mostly at chapter headings. Robert Moses, for example, who ruthlessly imposed his vision on the New York infrastructure. Additionally, H L Mencken, Henry David Thoreau and Herman Melville, and assorted scientists and commentators. Some are worth checking out.

Robinson makes a “character” out of an existing building, the Met Life Tower on Madison Avenue. It is portrayed as having “personality”. In 2140, it is occupied by a housing cooperative. New York is very crowded, so successful professionals pay dearly for even a tiny bit of space, like a bunk in a dormitory.

Characters in New York 2140 make occasional reference to Thomas Piketty, whose book Capital in the 21st Century has been attracting attention recently. Piketty is a French academic who has studied the history of the distribution of wealth. Both Piketty and K S Robinson are asking how capitalism can be structured to benefit the citizens of a democratic nation. Believe it or not, there’s a copy of Piketty’s book in my livingroom. I plan to read at least some of it. Stay tuned!

I dashed excitedly through New York 2140 in a few days, and I’ve written this without consulting reviews. After I do that, I may learn that, one way or another, I’ve entirely missed the point.

 

(In recognition of the federal government shutdown, day 1) “Confidence Men – Wall Street, Washington and the Education of a President” by Ron Susskind.

I originally read this book in October of 2011, and at that time wrote the following:

Four hundred eighty two pages about economics! Took me a while, but I’m glad I presisted. I learned a great deal, though to make the most of it, I should go right back to the beginning and read it all again.

The President in question is Mr. Obama, and the time period his first two years in office plus a few months, but Suskind (a “Wall Street Journal” writer) goes back through the years since 2000. He traces the steps in the financial collapse of 2009, and I understand better what happened.

Suskind has great admiration and affection for Obama, and respect for the complexity of being President. He is (quite appropriately) skeptical about Wall Street and its power.

So, as I am reading this, what happens? OCCUPY WALL STREET  breaks out! I know many sympathizers (most of my friends, I think) and one active participant, who despite his compromised health, is, I believe, in the very thick of it. So, a ray of hope!

And I wish Obama better fortune in his next two years of office. END OF COMMENTS FROM 2011. Read the book! Well worth your attention.

9 pm, October 1: We have teetered over the brink into a shutdown. I believe that Obama is  now a much tougher man than when he was first elected. I see that the term “re-litigated” is being used. I first encountered it in Confidence Men. Obama’s underlings, Republican holdovers, simply did not do what he told them to do. They repeatedly brought up “issues” after decisions had been made. I’m surprised Obama didn’t clean house sooner. His staff made him so nervous about the psychology of the marketplace that he didn’t act. Both in health care and economic regulation, he missed the chance to move decisively. Now, I think we are seeing a more clear headed and determined President, but he’s up against astonishingly irresponsible stubbornness. 

It matters who “wins”, and also who gets the blame. Seldom have we been so in need of rational discourse. 

OCCUPY WALL STREET has disappeared from the news. But don’t think it has gone away…

Time for me to go back to CNN.com, and see if anything has changed.