John Lanchester
Posted: July 1, 2018 Filed under: America Since 1945, business Leave a commentOne example I saw when I was researching Whoops!, my book on the crisis, was in Baltimore. There people going to buy houses for the first time would turn up at the mortgage company’s office and be told: ‘Look, I’m really sorry, I know we said we’d be able to get you a loan at 6 per cent, but something went wrong at the bank, so the number on here is 12 per cent. But listen, I know you want to come out of here owning a house today – that’s right isn’t it, you do want to leave this room owning your own house for the first time? – so what I suggest is, since there’s a lot of paperwork to get through, you sign it, and we sort out this issue with the loan later, it won’t be a problem.’ That is a flat lie: the loan was fixed and unchangeable and the contract legally binding, but under Maryland law, the principle is caveat emptor, so the mortgage broker can lie as much as they want, since the onus is on the other party to protect their own interests. The result, just in Baltimore, was tens of thousands of people losing their homes. The charity I talked to had no idea where many of those people were: some of them were sleeping in their cars, some of them had gone back to wherever they came from outside the city, others had just vanished. And all that predatory lending was entirely legal.
strikes again in LRB (link, free).
Napoleon said something interesting: that to understand a person, you must understand what the world looked like when he was twenty. I think there’s a lot in that.
[…]
I notice, talking to younger people, people who hit that Napoleonic moment of turning twenty since the crisis, that the idea of capitalism being thought of as morally superior elicits something between an eye roll and a hollow laugh. Their view of capitalism has been formed by austerity, increasing inequality, the impunity and imperviousness of finance and big technology companies, and the widespread spectacle of increasing corporate profits and a rocketing stock market combined with declining real pay and a huge growth in the new phenomenon of in-work poverty. That last is very important. For decades, the basic promise was that if you didn’t work the state would support you, but you would be poor. If you worked, you wouldn’t be. That’s no longer true: most people on benefits are in work too, it’s just that the work doesn’t pay enough to live on. That’s a fundamental breach of what used to be the social contract. So is the fact that the living standards of young people are likely not to be as high as they are for their parents. That idea stings just as much for parents as it does for their children.
Promise and glamour
Posted: December 17, 2018 Filed under: America Since 1945 Leave a commentYou’re not gonna get what you were promised.
An angry making idea. Maybe one of the most angry-making ideas possible.
I’ve been wondering if anger about the feeling of a broken promise is a major driver in US politics. We were promised something, and we’re not gonna get it.
But what, exactly?
The United States is the absolute best as promising. All of our greatest politicians were great promisers. Our founding fathers were great promisers.
John Lanchester, writing in LRB:
Napoleon said something interesting: that to understand a person, you must understand what the world looked like when he was twenty. I think there’s a lot in that.
[…]
I notice, talking to younger people, people who hit that Napoleonic moment of turning twenty since the crisis, that the idea of capitalism being thought of as morally superior elicits something between an eye roll and a hollow laugh. Their view of capitalism has been formed by austerity, increasing inequality, the impunity and imperviousness of finance and big technology companies, and the widespread spectacle of increasing corporate profits and a rocketing stock market combined with declining real pay and a huge growth in the new phenomenon of in-work poverty. That last is very important. For decades, the basic promise was that if you didn’t work the state would support you, but you would be poor. If you worked, you wouldn’t be. That’s no longer true: most people on benefits are in work too, it’s just that the work doesn’t pay enough to live on. That’s a fundamental breach of what used to be the social contract. So is the fact that the living standards of young people are likely not to be as high as they are for their parents. That idea stings just as much for parents as it does for their children.
But it’s not just politics. If you live in the USA and you turn on your TV, you are being tempted, teased, and promised.
The illusionary promise.
There’s a connection here, I believe, to the world glamour. What is glamour?
Etymology
From Scots glamer, from earlier Scots gramarye (“magic, enchantment, spell”).
The Scottish term may either be from Ancient Greek γραμμάριον (grammárion, “gram”), the weight unit of ingredients used to make magic potions, or an alteration of the English word grammar (“any sort of scholarship, especially occult learning”).
A connection has also been suggested with Old Norse glámr (poet. “moon,” name of a ghost) and glámsýni (“glamour, illusion”, literally “glam-sight”).
A magic spell. An illusion.
Here is Larry McMurtry talking about glamour, and its lack:
Kids in the midwest only get to see even modest levels of glamour if they happen to be on school trips to one or another of the midwestern cities: K.C., Omaha, St. Louis, the Twin Cities. In some, clearly, this lack of glamour festers. Charles Starkweather, in speaking about his motive for killing all those people, had this to say: “I never ate in a high-class restaurant, I never seen the New York Yankees play, I never been to Los Angeles…”
He was teased with something he could never have. Here is Andrew Sullivan on Sarah Palin:
One of the more amazing episodes in Sarah Palin’s early political life, in fact, bears this out. She popped up in the Anchorage Daily News as “a commercial fisherman from Wasilla” on April 3, 1996. Palin had told her husband she was going to Costco but had sneaked into J.C. Penney in Anchorage to see … one Ivana Trump, who, in the wake of her divorce, was touting her branded perfume. “We want to see Ivana,” Palin told the paper, “because we are so desperate in Alaska for any semblance of glamour and culture.”
Interested in readers’ takes on glamour and glimmers.
Rupert
Posted: December 19, 2017 Filed under: Australia Leave a comment
Murdoch is, in person, charming. Everyone agrees. You get a glimpse of this in the account of working for him written by Philip Townsend, who was his butler in London during the 1980s. (Townsend had a dog who died, and whom he kept in Murdoch’s freezer.) When Murdoch made the switch to living more healthily – influenced by the fact that his father died at 67 – he did so by announcing to his butler: ‘Phil, I’m into yin and yang and all that shit.’ This charm is no small factor in his success, and comes across in many of the stories people tell about him, and in some of the things he says about himself. ‘I am sober after lunch, and in some parts of Fleet Street, that makes you a genius,’ he once said.
from this 2004 roundup on Rupert Murdoch by the great John Lanchester.
Rupert Murdoch
Posted: July 16, 2014 Filed under: Australia Leave a commentMurdoch is, in person, charming. Everyone agrees. You get a glimpse of this in the account of working for him written by Philip Townsend, who was his butler in London during the 1980s. (Townsend had a dog who died, and whom he kept in Murdoch’s freezer.) When Murdoch made the switch to living more healthily – influenced by the fact that his father died at 67 – he did so by announcing to his butler: ‘Phil, I’m into yin and yang and all that shit.’
here, from an amazing profile by the great John Lanchester, England’s Michael Lewis.
Been meaning to write for awhile now (will get to) Rupert Murdoch’s parents. Before you talk shit about Rupert Murdoch, Rupert as Mr. Burns, consider that in his head he probably remembers himself as the scared child of two of the toughest, most badass Australians who ever lived.
Rupert’s dad — like, his actual father* — was one of the most powerful forces influencing the 1919 Versailles Conference. Like: his dad was in on the end of World War I.
Every Helytimes reader should devour this book by the great Margaret MacMillan:
If you want to understand Iraq, say, or Palestine? Start here. Learn about how Ho Chi Minh desperately sought a meeting with Woodrow Wilson about the French Indochina/Vietnam situation (no luck).
(I read this book. Still don’t know anything.)
(disclosure: I am a subcontractor/essentially employee of Rupert Murdoch)
* In 1927 he [Keith Murdoch] saw a photograph of an attractive 18-year-old débutante, Elisabeth Joy Greene, in Table Talk magazine, and arranged for a friend to introduce him. [Keith Murdoch was, at that time, 42. Elisabeth is Rupert’s mom. She died two years ago in 2012.]
Merry Christmas
Posted: December 25, 2012 Filed under: children, holidays Leave a comment

Martin Amis. Photograph by Xavier Bertral/EPA
from the age of five the [Kingsley] Amis children were allowed to smoke a cigarette on Christmas Day.
(from the great John Lanchester, here)