"Present bias" is thought to be "hard-wired" in the human brain. This was largely developed as an evolutionary necessity. It takes both cognitive and emotional forms. The "future" plays little role in present bias. Thus, present profit outweighs consideration of what longer-term harm may ensue from activities that produce present profit. Present political necessity far outweighs any consideration of the future. "Personal bias" likewise over weights personal gain in relation to gain for the many. The contemporary world has seen these processes escalate to degrees never before witnessed and unless changed, will continue to amass fortune and power only for a very few at the expense of the many. This is the natural outcome of what Bernays understood and projected. The major problem is that little if any of the immense global wealth and political power is being directed toward the catastrophic changes in global environments. Present bias keeps most everyone focused on the here and now, the seeming crucial news of the day, current elections, entertainments, and new gadgets. It is hard to look square into the face of what we have done to ourselves and to other life forms. Not only is denial a problem, but it is also not clear whether, in fact, anything can be done to change what is now in progress. Again, only an enantiodromia of major degree will change the course of how we relate to this process.
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The response to the first phase of any collapse (whether in markets or anything else) is always an attempt to do whatever it takes to return to "normalcy." For the powers that be in capitalism's corporatocracy, this is essential. Hence, we see the drums being beaten by the Secretary of the treasury: Mnuchin predicted the economy will roar back with a"gigantic" fourth quarter, saying "we are going to kill this virus" and return to a "normal world." All these efforts (bailing out businesses, checks to consumers, Fed's expansion of multiple credit facilities and pouring trillions into the markets) are likely to fail. The markets will indeed rise on these "hopes," but hopes are for the headlines, not for the factors that drive the markets. All these efforts are counter to the"corrective spirit “of genuinely free markets. The markets are not free under the conditions we see at present. Genuine corrective factors are not allowed to work. If they were, such as was the case in the Great Depression, then would follow, not a return to "normal,” but to a deeply different way of doing things. Hence the many new programs of the "New Deal" introduced by President Roosevelt. Only a few of his proposed programs were enacted and survived legal challenges. Social Security was one. The corporatocracy is relentless and never let’s equitable conditions become normal. Hence, the increasing degree of inequality. This hubris invites correction. We will likely be seeing more and more of Nemesis and her retributions for hubris.
Humans have always been good at extinguishing one another whether accidentally or intentionally. The general extent and efficiency of this process has increased over time and the range of objects (other life forms) of this process have increased as well. Now included in this process is the potential extinction of humanity itself, a kind of self-inflicted process of destroying our nest. Our efforts have led to positive feedback loops which are irreversible in ever increasing number. We are destroying our own habitat and the habitat of many non-human life forms at an accelerating pace. The political and financial will in the face of denial is weakening. Aside from slogans, pink-cloud optimism, and passive hope, little is being accomplished in reality to "do" anything about the unrelenting destructive processes humans have set in motion. What is in progress, undergirded and nourished by the greed dynamics of money, can at this point be "changed" only by an enantiadormia of major degree. There is increasing potential for financial, political and cultural collapse. Only something on this level would have the capacity to curb and transform the hubris of the present conditions.
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Paco and I would like to suggest that readers of Dreams, Bones & the Future: Queries & Speculations (Vol 2) re-read the last 38 pages of text beginning with Q& S Twenty-Nine "The Triage of Risk in a Risky World" (p. 140). We feel this may provide a much-needed perspective as our everyday lives become impacted by the CVID-19 pandemic, the economic fallout, collective fear and panic, and unseen and unknown consequences that will unfold.
Here is a taste:
"The unknown future will always excite the psyche at its deepest levels. One of the ways of attending to the deep psyche’s process is to take up a deep recognition of the values of dreams. I have argued elsewhere that dreams are always about the future. It follows then, that when dreams are ignored, we are ignoring one of our richest resources in relating to the future—whatever the nature of that future will be. Like so many realities that get ignored that will bring us greater harm, we must realize, at some point, that ignoring our dreams may be the costliest mistake of all." (p. 147)
Now more than ever...with Grandpa Eliott, Clarence Bekker, and the original Playing for Change performers...still my favorite version that launched a movement.
In the Red Book group on Face book, Lewis Lafontaine asked an important question: What is the demarcation line where "Modern" ends and "Postmodern" begins?
Here is my response.
Thanks for your question Lewis. Large cultural movements rarely can be pinned to singular time points. Such movements manifest in many different cultural dimensions and the time lines for each of these can be widely different. As a general rule, a new “wave”of cultural dynamics (what Jung called dominants) will appear first in the arts, later in science, and later still in politics. The critical origins of cultural dynamics become clearer as time passes. For this reason, the “birth” of modernism is now pinpointed to July 17, 1789, when French revolutionaries stormed the Bastille. The “dream”of modernism was the supremacy of the rational in producing ever greater progress of human good in all departments of human activity. Modernism suffered a major blow with World War I. By then “irrational” art had been evident for some time, the “irrational” had hit Jung (The Red Book), and things in general had begun moving to extremity, such as later seen in the holocaust, World War II, and the atomic bomb.The combination of “progress” and “death” had reached an apotheosis. For this reason, the death throws of modernism are now seen as taking root with the atomic bomb, and the birth of wide ranging post-modernism began. The spirit of post modernism is various forms that de-legitimize standards of any kind, including truth, values, and ethics. We are now seeing the ruinous effects of post-modernism everywhere as we head into very dark times for humanity. We are now seeing calls for “something else.” What this is likely to be is unclear. This, I believe, is what Jung referred to as “the coming guest” And that it would be art and artists that would serve as the mouthpiece for welcoming this portentous spirit.
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This essay is my contribution to Volume One of the series entitled,Jung's Red Book for Our Time: Searching for Soul under PostmodernConditions edited by Murray Stein and Thomas Arzt.
I highly encourage you to make each of the five volumes a part of your permanent library. Three volumes are currently available on Amazon