On the euro crisis

I have just been reading the comments following an article by Eric Reguly in the Globe and Mail's Report on Business.  Reguly makes the point that anger against foreign demands for Greek austerity is rising, and a lot of it is aimed at the Germans, who are providing much of the funding for Greece's financial lifeline as lenders of last resort.

The more than 400 comments show very little sympathy for the resentment of the Greeks. Very, very little.  The Greeks are characterized as lazy, crooked, and beggars who can't be choosers.

Several commentators cite the old joke I first saw in the comic strip the Wizard of Id:  The joke was that the  "Golden Rule," was "he who has the gold makes the rules." This is used as a point in favor of the "German" position.  But in fact these Greek debts are not gold, nor do the Germans and others have gold to give to Greece.  The money involved in this crisis includes a lot of funny money created by a few politicians and bankers who committed their populations or customers to guarantee the profitability of basically unsound loans.  The question is really who will pay for this imprudence and sharp practice.   In the conflict between lenders of last resort and Greeks resisting debt slavery, the Greeks have almost as much ability to write the rules as the lenders of last resort who are trying to save the banking system from the consequences of its foolish behavior.  Who is the bigger crook, who should suffer, and who can be blamed, can be treated as purely moral questions, but that attitude will not save Greece, the euro, or the banks.

Image:  a gold ecu in more hopeful days for the pan-European currency.

Big spending liberals/social democrats?

Brian Topp in the Globe and Mail sees it another way, taking off from the Greek crisis:

The details have been well covered here on globeandmail.com. It is Papandreou's conclusions about the future that merit thinking about next. “Are we too weak to deal with the financial and banking system?” he asked. “Are we too weak to deal the need for transparency in the financial markets? Are we too weak to deal with the ratings agencies? Are we too weak to fight tax havens?” He noted that bond rating agencies could destroy Greece's financial plan with a single additional downgrade. They have more power over the future of Greece than its people or its Parliament, “and that is totally unacceptable.”

Precisely so – which is why responsible social democrats in all jurisdictions are, and should be, allergic to excessive reliance on debt to finance government.

This is in stark contrast to conservatives in their modern form, eager as they are to finance tax cuts for their friends and other reckless spending through public debt. Doing so provides a perfect pool shot from their perspective. The rich get richer, and government is destroyed. Perfect!

But what we are seeing on our television screens from Athens is the inevitable consequence.

Certainly in Canada it has been the Conservatives who have been most irresponsible with deficits. But no one beats the champion George W. Bush, jr.

Read the whole article.

City-state cultures: something I just stumbled across

Looking through my library catalog for material on ancient democracies, I stumbled across a relatively new book by Mogens Herman Hansen, Polis: An Introduction to the Ancient Greek City-State. Hansen is a Danish scholar who for a long time now has been ahead of a major research project meant to systematically investigate the entire phenomenon of Greek polis. The project was designed in part as an antidote to the overwhelming concentration of scholarship on Athens, which city produced almost all of our best sources for city-state life in ancient Greek times. Hansen has produced a number of publications over the years, many of them quite specialized, but Polis is clearly meant as a popular summary of the findings of the project.

This would be a good book if Hansen only discussed the Greek material, but he goes farther. The first section of the book discusses the importance of city-states throughout history, as incubators of many characteristics that we take for granted as modern phenomena:

A general analysis of urbanisation and state formation shows that in world history from antiquity to c.1900 two different types of state have existed: macro-states, with numerous cities included in the territory of each of them, as against regions divided into micro-states each of which consisted of one city and its hinterland. Such a micro-state is what is called a ‘city-state’, and regions divided into city-states form what the Polis Centre has called a ‘city-state culture’. We have succeeded in identifying thirty-seven ‘city-state cultures’, from the Sumerians in Mesopotamia in the third millennium bc to several city-state cultures in West Africa which were only wiped out by the colonial powers a bit over a hundred years ago. In this matter also, nobody has yet tried to get an overall picture of how many and what kind of city-state cultures there have been in the history of the world.

To sum up the results of the researches of the Polis Centre I single out four features. In city-state cultures, including that of ancient Greece, there has been (1) a degree of urbanisation unexampled in major states before the Industrial Revolution, which began in the second half of the eighteenth century; (2) an economy based on trade and centred on the city’s market; (3) a political decision-making process whereby laws and decrees were not always dictated by a monarch, but were often passed by majority votes after a debate in an assembly, which mostly was a selection from among the better-class citizens but sometimes included them all; (4) interaction between city-states, which resulted in the rise of leagues of states and federal states. As a type of state, the federal state grew up within the city-state cultures, and only appeared as a macro-state with the foundation of the USA in 1787–9.

There is no longer any city-state culture remaining; the last of them vanished in c.1900. So it is an irony of history that the social,economic and political organisation that characterised the city-state cultures did not disappear when they disappeared, but came to dominate states and societies in the world we have today. In many important respects modern macro-states are more like the ancient city-state cultures than they are like the ancient macro-states.

I like Hansen's analysis, in so far as I've seen it,but one thing really bothers me. The Polis project identified 37 city-state cultures from around the world, most of them pretty obscure and some rather small. The republican city-states of North India around the time of the Buddha and, later, Alexander the Great, are not included. I think the evidence is incontrovertible that there were plenty of republics in North India in the first millennium BC and even later, and that some even fit the Greek definition of democracy -- Greek writers tell us so. Maybe I should write a note to Hansen. I can't see how he missed the ancient Indian republics and I rather think that he didn't. Why, I wonder, did he exclude them?

Just missed Socrates...

Philosophy Now has been running a feature called Dear Socrates for a long time, 10 years, it seems. And it seems that I have missed all but the last in the series! Too bad, too, because whoever was answering letters from fans and critics sounds like the real thing -- if Socrates wrote in English.

Unfortunately, Philosophy Now has no easy- to-find link to an index of past columns, so those of us who want to see what Socrates has to say about more or less current events will just have to use search engines to find his wit and wisdom.

Maybe if we are lucky he is going to be Oprah's successor!

Is the past another country?

Brad DeLong gave me the opportunity today to put a deeply-felt conviction of mine into words.

Brad was quoting from a blog called The League of Ordinary Gentlemen, whose author, Rufus F., was reflecting on the Odyssey.

[Brad]: Rufus F. on the Homecoming of Odysseus:

Homer “The Odyssey” | The League of Ordinary Gentlemen: I find his homecoming strange though. After winning a test of strength, Odysseus and Telemachus slaughter the suitors. The whole scene is excessive; he claims to kill them for their outrageous violence, but it amounts to boorish behavior and a failed plot to kill Telemachus. It would make more sense to run them off: “Scram, wimps!” Instead, Odysseus kills every last man for having dropped in for a visit and deciding to stay for several years...

[Brad:] It's considerably worse than that: consider the servant-women of Odysseus's palace who had consorted with the suitors:

"I will tell you the truth, my son," answered Euryclea. "There are fifty women in the house whom we teach to do things, such as carding wool, and all kinds of household work. Of these, twelve in all have misbehaved, and have been wanting in respect to me, and also to Penelope....

[T]he women came down in a body, weeping and wailing bitterly.... [T]hey took the women out and hemmed them in the narrow space between the wall of the domed room and that of the yard, so that they could not get away: and Telemachus said to the other two, "I shall not let these women die a clean death, for they were insolent to me and my mother, and used to sleep with the suitors."

So saying he made a ship's cable fast to one of the bearing-posts that supported the roof of the domed room, and secured it all around the building, at a good height, lest any of the women's feet should touch the ground; and as thrushes or doves beat against a net that has been set for them in a thicket just as they were getting to their nest, and a terrible fate awaits them, even so did the women have to put their heads in nooses one after the other and die most miserably. Their feet moved convulsively for a while, but not for very long...

Here's what I said in comments (touched up a little):

I am not so sure that the past is another country... Can't you imagine a similar scene taking place in another neighborhood in our own time, with the woman killers giving a similar justification? Remember that even in his own time that Odysseus was a smalltime pirate; today, unless he got particularly ambitious and inconvenienced the big guys,perhaps by hijacking a ship off the Horn of Africa, he would rate no space in the New York Times. Certainly the killing of the insolent women would get no coverage. Neither would the destruction of their elementary school or women's health clinic.

My point was, that the past is not one country, and our time is not a single country either, and the differences between different countries in any one era are very big sometimes' and broad similarities exist between some past countries and some in the present. Not everything that existed in the past exists in some corner of our own world now, but I believe that many things that existed in the time of, say, the Greek dark ages have rough analogues today. The failure to recognize that, I think, leads to one of the big errors of historical understanding: focusing on one country, one short period, one culture, one imperial court, one literary circle, and saying "this was the human experience on planet Earth at such and such a time."

And another serious mistake is to believe that some phenomenon that you find impressive or repulsive is absolutely unique in human history.

Re-creation and the Olympic torch -- from The Big Picture

Top: Priestesses at Olympia light the torch.
Then: Vikings keep it burning at L'Anse aux Meadows.

Too cool.

More here. Or click on the pics.