The Zeitgeist Weekend Edition – 4.13.2019

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Every morning, we run the Narrative Machine on the past 24 hours worth of financial media to find the most on-narrative (i.e. interconnected and central) stories. On the weekend, we leave finance to cover the last week or so in other shifting parts of the Zeitgeist – namely, politics and culture. It’s not a list of best articles or articles we think are most interesting … often far from it.

But these are articles that have struck a chord in narrative world. 


The Future of Robots [New York Times]

If Ben were to add a fourth leg to his Changing Zeitgeist stool, I think that automation would be a strong candidate – not because I necessarily think that it will be the thing-that-changes-the-very-fabric-of-society that is so often hypothesized, but because the specter of its influence is so daunting that it lends itself perfectly to narrative construction.

It is a narrative shield for the oligopolist in defense of capital’s rising share of income. It is a narrative sword for the social engineer in public office to spur the masses into democratically voting for central planning.

In a sense, it it a sub-set of the transition to competition games. Ceteris paribus, having robots do things for us is a Good Thing. But in the same way that it is how humans will behave with one another in the presence of AI, rather than the direct actions of AI or the behavior of AI toward humans that interests me, the most interesting question to me is this:

How will automation influence how humans behave with other humans?


The BMW Z1 was everything great about the ’80s [BMW Blog]

BMW Z1 blue images 24 830x553

I had a girlfriend in high school whose father (a retired 60-ish IRS agent) drove a Z3. It promptly killed stone dead the short-lived infatuation I developed for BMW roadsters after the Z8 from The World is Not Enough. I will admit to its near-perfect proxy power for the ridiculous excesses of the 80s, however.

You can almost feel the JNKBNDS license plate that certainly adorned this car at one time.


The self-made man [Times Literary Supplement]

Frederick Douglass was a man who controlled his own damn cartoon.

If you’re making a Top 10 Americans list and Douglass doesn’t occupy a proud position on it, what are you even doing?


‘The Rise of Skywalker’ [Variety]

Disney has had a hell of a week – a big pop on announcing a thing that everyone knew would happen, where the only real surprise was setting a fabulously low price at which they won’t make any money. Which qualifies as a good thing in 1999 2019. Then they drop a Star Wars trailer.

For the most part, what Disney has done with the Star Wars property ought not to be a surprise to anyone who has watched what they did with Marvel. ‘Fatigue’ is just a thing that allows people to complain to other parents on Facebook about the 50th watching of Frozen, or for non-parents to go on Insta or Twitter to pretend they aren’t going to see Endgame because they’re so done with the tired superhero genre.

Rian Johnson’s Episode VIII was a cinematic disappointment. It turned the villain of VII into a pointless prop plucked out of the ether as a MacGuffin. It made a laughing-at-you joke of continuity tropes and fan service. The key characters – Rey, Finn and Poe – are all marvelous. But even if they weren’t, we are at the point where it doesn’t really matter. A Star Wars film is now an opportunity for a mirror or rage engagement.

So is this:

V | IV | VII | III | VI | VIII | II | I


The Moroccan Exception in the Arab World [New York Times]

It is 2019, and anti-Semites are still attacking synagogues.

It is 2019, and Coptic Churches in Egypt are being torched by the dozens.

It is 2019, and the Chinese government is functionally operating a regional concentration camp that they call the Xinjiang Uygur Autonomous Region, in which a million Uighur Muslims are being subjected to constant surveillance, arbitrary detention, cultural destruction and reeducation.

It’s nice to see that the leaders of Morocco are charting a different path. At the same time, it is sad that they estimate that only 2,500 Jewish citizens remain within the kingdom.


The Google Blacklisting of The American Spectator [American Spectator]

Look, I don’t know how much fire there is to the smoke of Google’s parameterization and manipulation of search results, rankings and the like, especially in news. I suspect that it happens with some frequency, and yes, I think it is likely that certain political perspectives are more susceptible to this treatment, usually through an abstraction layer or two so that it isn’t transparent – the political equivalent of setting buy rates on car loans by purchaser zip code.

Still, I couldn’t help but get a chuckle out of this. Yes, that IS the kind of ad you see when you are Rusty, but the point is that this is being served up on their site by Google. Just perfect.

You cannot get away.

Still, we still aren’t seeing a lot of momentum around Google and Amazon trust-busting narratives. I think part of the reason – ironically – is that the current Republican president and the candidates of the Democratic party agree on whether Amazon, in particular, ought to be cut down to size. That may be the oddest reality of the widening gyre – that the lack of incentive to worry about issues that don’t produce political division means that policy actions with significant cross-party agreement are the ones that don’t happen.

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The Daily Zeitgeist

We Didn’t Say it WASN’T a Press Release

By Rusty Guinn | June 24, 2019 | 1 Comment

It isn’t just that cannabis always seems to make the top of the Zeitgeist. It’s why – and sometimes the answer is, “Because people are paying for it to be at the top.”

Read more

The ANDs of Asylum

By Rusty Guinn | June 23, 2019 | 0 Comments

In the midst of a complicated issue, an article from a small regional outlet manages to remind us of the power of AND in storytelling and connecting the understanding of those across the widening gyre.

Read more

Zeitgeist Narrative Map – Week of June 16 in Review

By Rusty Guinn | June 22, 2019 | 0 Comments

This is our graph of the narrative structure of the last full week in financial markets news.

Read more


That Time I Bought Blockbuster Debt

By Ben Hunt | June 20, 2019 | 0 Comments

Management is not lying to you. It’s probably a really good turn-around plan. It could probably work out fine … IF they are given enough time. But they won’t be. Particularly when it’s the second turn-around plan.

Secularly declining companies ALWAYS run out of time.

It was one of the most expensive lessons of my investing career. And worth every penny.

Read more

Democracy Dies with Dancing

By Rusty Guinn | June 18, 2019 | 0 Comments

There’s a critical, indispensable feature of a free nation we call a free press. And then there’s the meme of free press!. The latter is a pure narrative construction, and a thing well supplied in the DC market.

Read more

The Not-So-Much War

By Rusty Guinn | June 17, 2019 | 0 Comments

A tug-of-war is only a tug-of-war if both sides, y’know, are capable of pulling on the rope.

Read more

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Sanford Rich
Member

Really? JNKBNDS license plate on a BMW? As a Junk Bond Banker/PM from the late 80’s I look down my nose at such a vehicle… from the custom Roccaro seat in my Porsche Targa Carrera.
That said, now that I am seeking redemption in public service I drive a Nissan Frontier.

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