Another
from the vaults . . .
[This is something I wrote in March 2016, and I publish it now
simply because it has, in part, a certain current relevance with regards to
the American economic blockade of Iran, though you will have to go down a fair
piece in what is a rather long article to find the relevant bit.]
Cormac
Lucey, a lecturer in finance at UCD, a former special advisor to Michael
McDowell during the latter’s time in government, and a regular Irish columnist
in the Business Section of the Sunday Times, wrote on the 28th February
2016.
‘Consider recent remarks from Peter
Sutherland, a former attorney-general, EU commissioner and chairman of AIB and
Goldman Sachs International. He has stated, regarding the current
refugee crisis: “The United States, or Australia and New Zealand, are migrant
societies and therefore they accommodate more readily those from other
backgrounds than we do ourselves, who still nurse a sense of our homogeneity
and difference from others. And that’s precisely what the European
Union, in my view, should be doing its best to undermine.”
‘Sutherland suggests the EU should
undermine nationality and any sense of nationality. No wonder the
Brits think about leaving. The wonder is that more aren’t
considering joining them. And the wonder is that we don’t harbour
greater resentments against the EU for its authoritarian rejection of
democratic referendum results here—see the treaties of Nice and Lisbon.’
There is nothing surprising in this. One would need to be
blind not to see the way things have been heading over many years, certainly
since the European Charter on Human Rights was made legally
binding in the EU in 2009 under the Treaty of Lisbon, and indeed much
earlier. The Treaty of Lisbon, as noted above, was one of those
treaties that the EU insisted on bringing back before the electorate until they
got the ‘yes’ that they wanted.
I have been intending for a while now to write something on this,
especially as there is a very interesting historical precedent, as it were, to
what is going on now. I have been reading around the issue, purely
by accident, these past two years, and it really just a matter of collating the
different notes that I’ve made, whenever I get around to it.
The point I am trying to deal with here is somewhat different, though
related. Part of my reading over the past two years has involved
rereading The Iliad, in the course of which one particular sentence
pulled me up short. It is where Priam, the king of Troy, comes in
secret to beg the body of his dead son Hector from Achilles, the greatest of
the Greek warriors.
Achilles was the only son of Peleus. And Priam says to him of
his father back in Greece: ‘No doubt the countrymen roundabout plague him, with
no one there to defend him, beat away disaster’. And it immediately
fills in a picture of the Heroic Age in Greece, where one’s power and one’s
possessions depended purely on one’s ability to hang on to them, to the extent
that even the father of the great Achilles, in his son’s absence, and in the
absence of any other sons, wasn’t likely to be safe.
Francis Parkman, in The Oregon Trail, the story of his life
among the Indians in the 1840s, tells an analogous story. He lived
among the Oglala Sioux, and writes that ‘Courage, address [stature, appearance]
and enterprise may raise any warrior to the highest honour, especially if he be
the son of a former chief, or a member of a numerous family, to support and
avenge his quarrels . . . Very seldom does it happen, at least among these
western tribes, that a chief attains to much power, unless he is the head of a
numerous family.’
Parkman recounts the career of one chief, who had
thirty sons, and who ruled the village like a tyrant. ‘His will was
law . . . When he had resolved on any course of conduct, he would pay to the
warriors the compliment of calling them together to deliberate upon it, and
when their debates were over, quietly state his own opinion, which no one ever
disputed. It fared hard with those who incurred his displeasure. He
would strike them or stab them on the spot; and this act, which if attempted by
any other chief would have cost him his life, the awe inspired by his name [and
by the number of his sons] enabled him to repeat again and again with
impunity.’
He was succeeded by his son, the possessor now of twenty-nine brothers,
not to mention other close kinsmen, who acted with much the same
impunity. ‘Out of several dozen squaws he had stolen, he could boast
that he had never paid for one, but snapping his fingers in the face of the
injured husband, had defied the extremity of his indignation, and no one had
yet dared to lay the finger of violence upon him . . . His enemies did not
forget that he was one of thirty warlike brethren, all growing up to
manhood. Should they wreak their anger upon him, many keen eyes
would be ever upon them, and many fierce hearts thirst for their
blood. The avenger would dog their footsteps
everywhere. To kill Mahto-Tatonka would be an act of suicide.’
I quote this not so much to show the power of the large family as to
show the inherent weakness and potential humiliation of the small
one.
And so it would appear was the case also among the Greeks of the Heroic Age, the difference being that the Greeks had advanced to the stage of the ownership of farms and estates. But equally so, the securing and the possession of such estates became, it seems, dependent on sexual fertility and the weight of numbers. The idea of title or deed or right, even if such things existed, seems to have carried little weight.
And so it would appear was the case also among the Greeks of the Heroic Age, the difference being that the Greeks had advanced to the stage of the ownership of farms and estates. But equally so, the securing and the possession of such estates became, it seems, dependent on sexual fertility and the weight of numbers. The idea of title or deed or right, even if such things existed, seems to have carried little weight.
Arguably the redress for this situation came with democracy and the
development of law and of the state. Now the possibility existed of
people being confirmed in the title to their property. And the state
provided the muscle to make its rulings stick.
But still, one must imagine, the old hunger for mastery and possession,
no matter how constrained, continued to exist within the human
heart. Indeed, it seems innate to humanity.
I remember when we were in Turkey, talking to an old doctor who had
retired home from America, and asking him about the farmlands of the Anatolian
plain. You could see it from the train. Miles after miles
of flat land, as far as the eye could see, without fence or ditch or marker,
and here and there, in the dawn light, some old fellow in a djellaba, tending a
herd of goats. And I asked the doctor how one knew his land from the
other. And his reply was, ‘They know, they know!’
And the secret struggle for mastery continues on in a subdued form even
under our noses. The fellow who strings a fence impinging a couple
of inches into his neighbours land. The amount of land is
negligible, but what is important is the gaining of the psychological upper
hand. If you get away with it this time, then you might get away
with a bit more the next. Especially in the legal context of
precedence, where if you get away with a thing unchallenged on one occasion,
you can often claim it as a justification for the next.
And this brings us to the nub of the matter. The desire for
mastery and possession and putting one’s foot on the other’s neck hasn’t
disappeared. It has just changed its form—and all the more so it
seems these past few years. Kavanagh wrote in Tarry Flynn about
Tarry going into a bookshop, and while he bought a book of poems, his companion
Eusebius bought an ordinance survey map, and the result of it is that Tarry’s
family ends up losing a field. Now it doesn’t make sense—but that’s
the way Kavanagh chose to tell it. But it is indicative of what it
is that I’m trying to say.
The very thing that helped curb predatoriness in ancient times has now
become the vehicle of a new breed of predator. Not guys fit for
violence and with big families backing them up, but generally more wimpy types
of characters backed up by an adventurous knowledge of the law. As
the law has exponentially swelled and grown ever more complex, the more so it
has allowed the clever and the greedy and the unscrupulous to use it as a
weapon of aggrandisement. As Woody Guthrie wrote in The Ballad
of Pretty Boy Floyd, ‘Some will rob you with a six-gun/Some with a fountain
pen.’
Armed with an intricate knowledge of the law, whether their own or
expensively bought, there is a whole cohort of people out there intent on using
it without conscience as a way of getting even richer than they already are.
There are what are called ‘activist shareholders’ who force themselves
onto the boards of public companies with the sole intention of maximising the
share of profits going to shareholders, no matter what otherwise the consequences
may be.
When the Argentinian economy collapsed in the early 2000s, the
government did a deal with bondholders that involved them taking a haircut of
up to 70%. American vulture funds which had bought up some of this
debt cheaply used American law to force the Argentinian state to pay full
dollar on the bonds, on pain of the country being effectively shut out of world
financial markets.
It is clear too that the American state has been milking the European
banks for alleged breaches of American law with swingeing fines, which the
banks have no option but to pay or else lose their licence to trade in US
dollars and effectively go out of business.
Jeremy Warner, writing in the Daily Telegraph in
2015: ‘America, land of the free and all that, is at heart a deeply
protectionist nation, which as UK banks have discovered to their cost operates
a rotten, asphyxiating legal system that often practises little short of
outright extortion. Certainly, it is hard to call it
justice. If you want to do business in the US, expect to get whacked
at some stage, and if you are fool enough not to take your punishment with a
smile and fawning thanks for the privilege, they will simply close you down.’
Of course, it is hard to have sympathy for banks, yet it is nonetheless
the case that the slurry-tank nozzle reaches down via them into the most
ordinary of pockets. Indeed, the activity of the predators exists at
all levels of the pond—from the rarified level of high finance down to the
bottom-feeding process of extorting directly from mortgage holders and people
who have found themselves in hock to the banks and whose debts have been sold
on.
And it stretches to more than just the financial
system. Modern financial imperialism—especially, it seems, American
financial imperialism—hides in the guise of a new definition of democracy—what
Hilary Clinton calls the ‘new decency’—as its preferred mode of
dress. It is something that it seems to find, for whatever reason,
particularly appropriate. This is a democracy that is no longer
primarily about gaining a majority of votes, but instead about delivering the
liberal agenda and the cosmopolitan lifestyle.
A sort of: ‘One ring
to rule them all, one ring to find them/One ring to bring them all and in the
darkness bind them’. You can have all the votes you want, but if you
do not go along with the legal and lifestyle changes required then you will not
be accounted a democracy. You may not as yet be bombed, but you will
certainly be subject to economic and financial pressures sufficient to make you
yield.
Marx wrote of capitalism in The Communist Manifesto of
1848: ‘The cheap prices of commodities are the heavy artillery with which it
batters down all Chinese walls, with which it forces the barbarians intensely
obstinate hatred of foreigners to capitulate. It compels all
nations, on pain of extinction, to adopt the bourgeois mode of production; it
compels them to introduce what it calls civilisation into their midst, i.e. to
become bourgeois themselves. In one word, it creates a world in its
own image.’
It would be possible to adapt this for the modern age: ‘The global
financial stranglehold is the heavy artillery with which it batters down the
Chinese and other walls, with which it forces the barbarians intensely
obstinate hatred of foreigners to capitulate. It compels all
nations, on pain of extinction, to adopt the liberal Western cosmopolitan way
of life; it compels them to introduce what it calls civilisation into their
midst, i.e. to become liberal and cosmopolitan themselves. In other
words, it creates a world in its own image.’