Discussion about this post

User's avatar
Paul Musgrave's avatar

hip, current references like Pat Boone, that's the promise of this substack

Expand full comment
Bob Eno's avatar

I get the point, but I still think it's "norms." Watching the conduct of Elon Musk and reading about the just-out-of-high-school groupies whom he deputized to grab the levers that control much of our economic system so he use his independent preferences to reallocate spending, what strikes me most is how child-like this behavior is. Much as Trump radiates the aura of that sixth-grade bully in the playground, these people seem like under-socialized boys at play who don't understand that we are nothing but under-insulated animals without the dense network of norms of conduct that have evolved as social institutions. I'm worried about a global depression too, but I'm more concerned about what may happen if the fabric of social conventions is broken and things simply don't work: things like banks, hospitals, supermarket supply chains, the grid. All of these and many more rest on a fabric of norms that has become far more dense in recent decades, as we have accelerated the transformation of the media in which we trade value from concrete to notional.

In Trump's first term, we relied on his appointees to be the grown-ups in the room, and it was not a metaphor. Musk's success in business has relied on professional executives who could buffer his impulses. But these two seem now to believe that they can go it alone, and as they hollow out the professional staff of one agency after another in the most powerful bureaucracy in the world, it's not clear who will be in a position to clean up the wreckage.

Expand full comment

No posts