Showing posts with label why i'm investing in Brazil. Show all posts
Showing posts with label why i'm investing in Brazil. Show all posts

11/03/2009

Halloween and the end of US dominion

The arrival at my home on Saturday night of only one miserable trio of trick-or-treaters is a compelling indictment of the contemporary American way of life. A barometer, falling, of our standing in the world. I don't want to make too much of it, but the "financial crisis" might easily have been predicted by an astute analyst sitting through any recent long and lonely Halloween evening in my living room.

It isn't that there is anything to fear out on the local streets to account for the dismal turnout. The crack wars ended more than a decade ago; for most of this millenium the nearby blocks have been filled with the sounds of young pioneers, hammering and sawing and renovating Red Hook into its current state of eminently trendy desirability. My once edgy neighborhood has been conclusively gentrified. On days other than Halloween, I am known to gripe and moan that one can scarcely walk down the sidewalks any more, so clogged are they with strollers. In a few brief years this formerly marginal stretch of industrial waterfront has become as Park Slope, the Upper West Side, or any of the other notorious baby-making neighborhoods of New York City. There are, in short, an abundant supply of toddlers, and grinning, fawning parents eager to accompany them as they trick and treat, holding their moist, plump little hands while escorting them about the neighborhood.



But it is well-known that the Halloween pickings here are comparatively slim. The buildings are widely spaced, and there is still the occasional vacant lot. There are even one or two uninhabited shells, undoubtedly haunted. The stoops are steep, the doorbells ersatz and erratically positioned. On many blocks residences are mixed in with anonymous businesses that operate behind unwelcoming steel doors.

Contrast this with the uniform brownstone rows of Park Slope, where dozens of affluent households may be visited on any given stretch of street, and one will quickly appreciate that children there enjoy what economists call a "comparative market advantage." Here in Red Hook the aspiring pre-pubescent candy-collector must wander past an apartment building, cross in front of a vacant lot, and pass a small factory or sweatshop before finally collecting hard-won treats from one or two strange and isolated houses. Not so in Park Slope, just across the Gowanus canal. It is the neighborhood of choice in which to harvest the low-hanging fruit of the treat orgy, a place in which nobody poor or dangerous or threatening could possibly afford to live.

If you lived here in Red Hook, you might do the same as the local folks, which is to exploit this inefficiency in the market. In other words, pack your ten-year old in the station wagon and drive him or her the mile-and-a-half up the hill to the Slope, to knock on the doors of complete strangers who are not neighbors. It is more secure, the bag is filled easily and quickly. The parent spends less time, and the child is more richly rewarded. In investment terms going to Park Slope is a low-risk strategy with a market-beating rate of return. But at what cost?


 Unexploited resource

It isn't that I feel lonely, or neglected, although those emotions are close to the ones I felt in the moment, as I puttered about the kitchen, cooking, a lonely and hopeful wooden bowl full of candies placed on a chair near the front door. Ultimately I don't particularly mind that I myself did so little business. After all, I will be subsisting on those undistributed sweets for weeks to come. But viewed from two quite different perspectives, last night's pathetic showing can only be seen as another powerful indicator of the decline of United States hegemony, an explanation for the falling dollar and the surging deficit. In it are manifested, on the one hand, our sense of entitlement, and on the other, a grievous lack of initiative.

The origins of the trick-or-treat tradition are murky, but clearly it was once a pagan ritual involving a symbolic extortion and redistribution of wealth. Treats were doled out in order to purchase protection against unspecified tricks. As late as the 1970s in central New Jersey this contract was understood to mean that in return for handing out candy a homeowner would be exempted from having his aluminum siding pelted with eggs. Such notions may persist to this very day in some suburban enclaves.

If this ritual once delivered a social good it was surely that one had an opportunity to better know the neighborhood, to meet and greet one's neighbors, admiring their children and exalting the creativity that went into their costumes, irrespective of their wealth or social standing. All this has now been swallowed up in a tidal wave of consumerism. Everyone from the children to the candy companies and the costumer licensees of the latest Hollywood entertainments now look on Halloween as a fundamental cornerstone of the commercial calendar. There is no earning of treats with implied threats of violence, no messing about chatting with the neighbors on the stoop; a sackful of confections is simply an inevitable and predetermined reward waiting at the end of October. Whether it comes from working one's way through one's own neighborhood or targeting a reliable and high-density alien zone seems not to matter. From the parents' perspective, taking a drive out of the neighborhood is the fastest way to fulfill the child's expectations.



Our society feels there is nothing wrong with this strategy, because we have come to take the full bag of candy for granted. The social lubricative advantage of the original ritual has been lost; the only thing remaining of importance is what ends up the sack. In broader economic terms the meteoric rise of outsourcing, and the desperate promotion by our government of favorable "free trade" policies in the neo-liberal age, are obvious parallels. Both the exported labor, sent chasing the lowest possible wage, and the tariff-free importation of the goods thereby produced, amount to nothing more than an effort to keep our candy bag topped up to the brim. We seem to feel we deserve a certain standard, although we are no longer the ones struggling for it.

Viewed another way, where are those children willing to trample all over the others in their mad rush to get at the sweets? Where are the contenders? I have a whole bowl full of uncollected candy sitting over here. Where are the kids who went to Park Slope first, racked up, came home, dropped off the loot, and then headed right back out for more? Where are the envelope-pushers of trick-or-treating? Where are the teenagers who are perhaps just a bit too old and really ought to know better? Where are the late-comers who ring the doorbell just after you've gone up to bed, willing to offend in order to collect just one more candy bar? Where are the innovators, offering their leaf-raking services in return for an extra Snickers? How about a little competitive spirit?