Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (11073)	8/15/2000 12:06:02 AM
From: Archie Meeties	Read Replies (1) \| Respond to of 436258

Mania - Depression. The two depend on each other like panic depends on greed. Ancient stuff... goes back to the part of the brain we share with reptiles.

To: pater tenebrarum who wrote (11073)	8/15/2000 8:03:02 AM
From: Oblomov	Read Replies (1) \| Respond to of 436258

Heinz, re: the turning inward I've been following the LW discussion with great interest. And it seems that some of the members of the discussion list differ on where we are in the k-cycle. I think that there are many other forces at work, although the cycle of capital accumulation-capital reflation is quite apparent in the broad scope of history. So, I'm not saying that we will necessarily experience another great turning inward in Western culture. Perhaps the degree of the rejection of materialism mitigates over time as well. Certainly the awakening of the early 20th century was lesser than that of the 18th or 19th century. It is worth noting that Nietzsche has had his greatest influence as a philosopher in the U.S. during periods of disinflation (as he said, some men are born posthumously), the 20s and the mid 80s - mid 90s. It was in this context that it was economic to consider "the transvaluation of values", to study how values are made, and to deconstruct them. It is during these periods where the values destroyed in the last inflationary period are made into bogeys or laughing-stocks. And so in the 1920s, H.L. Mencken (a proud Nietzschean) could write "Clergyman: a ticket speculator outside the gates of Heaven" "If x is the population of the United States, and y is the imbecility of the average American, then democracy is the theory that x * y is less than y." ... however, he lost much popularity for his opposition to the New Deal in the 30s: "The New Deal began, like the Salvation Army, by promising to save humanity. It ended, again like the Salvation Army, by running flop-houses and disturbing the peace." Nietzsche again came into prominence in mid-80s academia, where post-structuralism became the vogue in the humanities. As Nietzsche said, "the world revolves silently around the maker of new values"... if/when such a deflationary collapse comes, those new values will become apparent.