The revolving door

by John Quiggin on July 28, 2012

While working on a piece about a possible bailout for the Spanish government, I discovered a couple of things that were news to me

* The Economics Minister in the (pro-austerity) Spanish government is a former executive of Lehman Brothers

* Axel Weber, formerly the ultra-hawkish head of the Bundesbank went straight from that job to the chairmanship of UBS, of which the NYT recently wrote “The bank’s recidivism seems rivaled only by its ability to escape prosecution”

Comment seems superfluous to me, but I hope readers will prove me wrong on this.

 

Following up Henry’s post, my Dark Knight Rises take is this. The Nolan brothers are determined to make some kind of serious, dark, brooding, non-fascistic moral sense of Batman, and that’s just flat-out impossible. Can’t tell it that way without the basic story logic boxing you into a place you don’t want to be (as Henry says, there’s too much baked in the cake). If what the world needs is masked vigilantes behaving in this crazy way, then fascism needs a serious look-in as a political philosophy. But what we should really conclude is not that the moral sense of the film is fascist – or even aristocratic. Rather, we should conclude that the film makes no moral sense whatsoever. It conveys no moral message. It’s morally illegible. Lots of explosions and fighting. That’s it. [click to continue…]