Posts about ‘history’

Information economies and risk in markets

02010.09.03

From The Count of Monte Cristo (published in 1846), two passages which particularly struck me. First, the Count describes his fascination with the telegraph:

“…I had often seen one placed at the end of a road on a hillock, and in the light of the sun its black arms, bending in every direction, always reminded me of the claws of an immense beetle, and I assure you it was never without emotion that I gazed on it, for I could not help thinking how wonderful it was that these various signs should be made to cleave the air with such precision as to convey to the distance of three hundred leagues the ideas and wishes of a man sitting at a table at one end of the line to another man similarly placed at the opposite extremity, and all this effected by a simple act of volition on the part of the sender of the message. I began to think of genii, sylphs, gnomes, in short, of all the ministers of the occult sciences, until I laughed aloud at the freaks of my own imagination. Now, it never occurred to me to wish for a nearer inspection of these large insects, with their long black claws, for I always feared to find under their stone wings some little human genius fagged to death with cabals, factions, and government intrigues. But one fine day I learned that the mover of this telegraph was only a poor wretch, hired for twelve hundred francs a year, and employed all day, not in studying the heavens like an astronomer, or in gazing on the water like an angler, or even in enjoying the privilege of observing the country around him, but all his monotonous life was passed in watching his white-bellied, black-clawed fellow insect, four or five leagues distant from him. At length I felt a desire to study this living chrysalis more closely, and to endeavor to understand the secret part played by these insect-actors when they occupy themselves simply with pulling different pieces of string.”

“And are you going there?”

“I am.”

“What telegraph do you intend visiting? that of the home department, or of the observatory?”

“Oh, no; I should find there people who would force me to understand things of which I would prefer to remain ignorant, and who would try to explain to me, in spite of myself, a mystery which even they do not understand. Ma foi, I should wish to keep my illusions concerning insects unimpaired; it is quite enough to have those dissipated which I had formed of my fellow-creatures. I shall, therefore, not visit either of these telegraphs, but one in the open country where I shall find a good-natured simpleton, who knows no more than the machine he is employed to work.”

“You are a singular man,” said Villefort.

Later, in a moment of pre-postmodern clarity, the Count strikes at something fundamental in the relationship between technology and meaning: “The moment I understand it there will no longer exist a telegraph for me; it will be nothing more than a sign from M. Duchatel, or from M. Montalivet, transmitted to the prefect of Bayonne, mystified by two Greek words, tele, graphein.”

It turns out he has a sufficient grasp of the mechanisms in operation to exploit a security weakness in the network through social engineering, using money and charisma to misdirect a vital packet of information upon which a financial empire rests – a “third-rate fortune”, unusually susceptible to such accidents:

“I make three assortments in fortune—first-rate, second-rate, and third-rate fortunes. I call those first-rate which are composed of treasures one possesses under one’s hand, such as mines, lands, and funded property, in such states as France, Austria, and England, provided these treasures and property form a total of about a hundred millions; I call those second-rate fortunes, that are gained by manufacturing enterprises, joint-stock companies, viceroyalties, and principalities, not drawing more than 1,500,000 francs, the whole forming a capital of about fifty millions; finally, I call those third-rate fortunes, which are composed of a fluctuating capital, dependent upon the will of others, or upon chances which a bankruptcy involves or a false telegram shakes, such as banks, speculations of the day—in fact, all operations under the influence of greater or less mischances, the whole bringing in a real or fictitious capital of about fifteen millions. I think this is about your position, is it not?”

“Confound it, yes!” replied Danglars.

I had the impression that these fortunes earned the scorn of the Count not for their vulnerability to the sort of events that get called “black swans” today, but for their fictitious nature, for being “like the locomotive on a railway, the size of which is magnified by the smoke and steam surrounding it”. There are lots of concerns I’m used to imagining as being particularly of our time by virtue of their technological or complex nature, but the little thrill I get when I see them reflected in a book written 150 years ago reminds me that “of our time” covers a longer period than I expect.

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False play

02010.05.29

Huizinga, writing in 1938:

Modern social life is being dominated to an ever-increasing extent by a quality that has something in common with play and yields the illusion of a strongly-developed play-factor. This quality I have ventured to call Puerilism, as being the most appropriate appellation for that blend of adolescence and barbarity which has been rampant all over the world for the past two or three decades
Homo Ludens (1945), p205

Later, he describes “walking in marching order or at a special pace” and “the wearing of badges and sundry items of political haberdashery” as “puerilism of the lowest order”, before remarking that

We have seen great nations losing every shred of honour, all sense of humour, the very idea of decency and fair play.

He was writing in the Nazi-occupied Netherlands, and not surprisingly was locked up soon after writing this. Seen from the present-day, a lot of his views seem reactionary and at odds with current orthodoxies: for example, he thought the 18th century represented the pinnacle of civilisation and that the Boy Scouts were a “great innovation”, neither of which are fashionable opinions outside the offices of the Spectator. But there’s something inspiring and noble in this way of calling the Third Reich uncivilised. At around the same time I suppose Wodehouse must have been mocking Spode and his fascistic Black Shorts.

Distinguishing between genuine play and things that merely appear play-like is still important today. I’m grateful that, unlike Huizinga, I don’t have to think very hard about Nazis. But there are still large parts of my life that have been colonised by political and commercial interests who pretend to a kind of playful intimacy — “My Computer”, “the Big Conversation”, the kind of copywriting pioneered by Innocent — and it’s just as vital to call attention to the false nature of this ersatz playfulness.

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Talking about looking at past and future things

02009.08.11

I’m talking with Andy King, from the soon-to-be-opened Museum of Bristol, this Saturday at the Arnolfini. We’re going to be “In Conversation” as part of their Futurology programme, and I think it should be really interesting. I hope so, anyway, as it’s a public event.

I mailed Andy with some thoughts about what we could talk about, and I’m going to put them here as well, in case we don’t get round to them: I think some of them are things I’d like to follow up.

So, I’ve been thinking about what history and futures studies have in common, and what makes them different, and it seems to me that in each case there’s a kind of common-sense assumption about the discipline (if that’s not too grand a word for futures studies) and the way it works that might not be how it seems to those who try and practise it.

For example, a common-sense view of history might be: things actually happened a certain way in the past, and the historian’s job is to find out what that was as accurately as possible. But actually, my sense is that historians are very finely attuned to the idea that there as many pasts as there are historians, and each age’s view of what happened before it says as much about the dominant ideas of the time as it says about previous events.

Similarly, a common-sense view of the practice of looking at the future might hold that things will turn out a certain way and no other, and that if we know enough about present circumstances we can say confidently what that might be. But actually, most respectable futures practitioners would say that dominant ideas about the what the future might be say more about the attitudes and assumptions of the age in which they emerged than about the way things might be in the future, and that it’s more useful to consider a range of possible alternative futures.

So there’s something both have in common, perhaps – trying to counter dominant popular ideas about what each discipline is for – and a difference – futures studies might focus more on examining alternatives.

Or perhaps another talking point could be around the way time is represented in each. I don’t know very much about how historians discuss the representation of time, but from the perspective of someone trying to talk usefully about the future it’s been fascinating to see the ways different models of how time works shape conversations about the future (sometimes ‘the future’ is waiting for us, presumably having started at the other end of time’s arrow and travelled backwards to meet us; at others, it never arrives, being perpetually deferred to be invoked as a call to action in the present).

Ethics might be another interesting area of discussion: how far ought we, as people who talk about people who for various reasons are not with us at the present moment, whether because they’re dead or not yet born, to extend the respect we show living people to people of the past or the future? If rights to privacy, respect, understanding and so on are universal, shouldn’t they be extended through time? But is there a difference in the degree to which they’re entitled to such rights between people who have lived and people have yet to live?

Another useful area to think about might be to consider what each discipline offers to society: what use is it to talk about the past or the future? Are there different arguments for each, or are there general arguments to do with enlarging our understanding of the way in which people and societies work that support both?

We could move from that into thinking about the ways each act as a force of authority within society: the weight carried by ‘tradition’, the effect of ‘government forecasts’, the self-fulfilling prophecies of science-fiction and the ways historical dramas rewrite and refine national identities.

There’s maybe something to be said about the balance between detail and timescale, the ways in which it’s harder perhaps to be detailed the further one moves from the present (until you get far enough away to say what you like). Or a discussion about the way each generation thinks it’s the first to have ever lived in the present (those beforehand must have known they lived in history, and the ones after us must surely know that they live in the future). Or maybe just a recognition that both of them are attempts to answer questions that lie at the heart of trying to understand our place in the world: asking “what happened? What will happen?” is a fundamentally human thing to do.

Let me know how appealing any of these conversations are, or what alternatives we could consider. We could do worse, I suppose, by just telling each other what we do all day. I’d love to know more about your
work.

So there we are – that’s what we’ll talking about, I hope, for a couple of hours on Saturday afternoon. Come along!

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