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It’s time we had a painful talk about the pornographic ‘novel’, “Fifty Shades of Gray,” a best-seller published in 2011/2012. [Disclaimer: I haven’t read this work nor watched the awful-looking movies. I am guilty of a cardinal sin of scholarship: writing about something I haven’t read. I don’t care: I never plan to read this thing. My point here is not really about bad popular fiction] This uh…romance (?) book is about a shy & awkward virginal nobody who is sent to interview a manipulative billionaire creep. Unsurprisingly, the manipulative billionaire seduces her with his obscene wealth and power and locks her in a contract where he is allowed to do anything he wants to her. Romance ensues!
It is tempting to look at this moronic plot, shrug, and say “Who likes this stuff?” Yet actually, we should not be surprised that this book was a top-of-the charts best-seller for years–a second look reveals it to be an extremely germane allegory of our actual lives. America’s fantasies of being enslaved and abused by creepy billionaires are not harmless fantasies: they are the reality of our times! It is the top item of the news every day. The extent to which this slimy bondage narrative about billionaires abusing underlings has become the main story of our entire culture should not be overlooked or underestimated.
The characters in “Fifty Shades of Gray” at least have a safe word. We do not. The new oligarchs can do anything they wish and face almost no repercussions (as was illustrated by the lack of accountability for the events which caused the Great Recession…and illustrated again, afterwards, when the people who caused the crisis became much richer). This is because of a devilish nexus of market consolidation and oligopoly. Since the super rich now own almost everything (including the media outlets and tech platforms we use to communicate), it also means that we live in a world awash in glowing panegyrics to these monopolists,raiders, and conmen. We also live in a country where both political parties are captured and compromised by monopolistic moneyed interests (all of this is elucidated in this rather superb Atlantic essay about how the political crisis of the 21st century is taking us much further down “the road to serfdom” than we would have imagined).
Obviously in addressing these problems, I am talking about President Trump, but I don’t think Trump is actually a billionaire. He lost his inherited fortune in the 80s and has been adding billions and billions of dollars of increasingly shady debt ever since. However he certainly identifies as a billionaire (snicker) and he serves the crooked schemes of oligarchs…and the even darker schemes of his unknown true creditors. It is these finance, tech, and real-estate tycoons who are the real problem. Unfortunately it is difficult to even fathom how they are removing real competition from the system or real political power from the hands of voters. Here is a rather fascinating article about he true darkness of money in politics.
If you followed that link you will see it was mostly about money in conservative political circles, but the Democratic Party has a similar problem. Every day some new Christian Gray flies out of the sky and offers to tie us up and save us from ourselves. “Come on, you know you’ll like it” says Bloomberg as he pushes us onto a stained sofa and fumbles for the straps.
In case you are laboring under the ingenuous middle-class fantasy that this applies to all of those slutty self-hating poor people but not to a worthy, hot, hard-working burgher like yourself then wake up! We are all poor compared to people whose net worth is measured in nine and ten and figures. The prevalence of SLAPP suits, K Street consultants, and secret nondisclosure agreements with Epsteins, Weinsteins, and Michael Jacksons reflects a world where the rich are too big to fail and the rest of us are two small to ever succeed.
It all needs to change. Instead of wasting your life in some monopolistic company’s taupe open office while counting other people’s money or building marketing concepts for stuff you can’t afford, you could have your own business. Instead of health care that can only be obtained through working for a gigantic company, we could have a real safety net. We need rules and regulations, but not the sort of rules that can only be followed by organizations with giant compliance departments and that only benefit huge corporate cartels. Barriers to market entry that are too high for anyone who isn’t an international oligarch. Globalism is the story of how vast new international cartels and oligopolies have broken politics and culture in such a way that we can’t even respond (except with essays that nobody reads).
This is unacceptable. Let us talk about how to rewrite this bad codependant SM tale.
The French were the original masters of the erotic tale. From Clovis I until Louis XVI, they wrote an unrivaled “Shades of Gray” style series of bondage novels which started hard and grew even more perverted and extreme as the centuries rolled by. But the French people got tired of this series and flipped the script and rewrote the whole premise in the boldest way possible. Perhaps we need to think of doing some radical editing and rewriting before the story of our own lives becomes even more like “Fifty Shades of Gray” and “The Story of O”.
We can rewrite this tale with thoughtful political reform and redistribution (we use to call such thing taxes and expect everyone to pay their fair share so we could have a society and make real scientific discoveries). Billionaires need to sign up for this and agree to just being extremely wealthy instead of needing to have ALL the wealth. Otherwise someday they will find not President Trump or Bloomberg, but President Robespierre. They should think that the forces we are now unleashing could result in billionaires getting screwed too. Not the Christian Gray way. The French 1789 way.
Hey did you see this United deplaning business on the news? If you are here on the internet, I suspect you know exactly what I am talking about, but, in case you are reading this post in the far future or found it stapled to a tree or something, here is what happened: United Airline needed some seats on a full flight in order to move their staff around. Instead of bribing their customers to take a different plane, the airline coerced the passengers with the fine print of the ticket contract (which, as you can imagine, allows airlines to do anything they want in exchange for zooming you across the continent at 700 miles an hour). One customer was aggrieved and refused to leave his seat, so they called in militarized corporate guards (or the police? Who can tell these days?) to beat him up and drag him off the plane. The United CEO then issued a statement basically saying “We can do as we like. Our market is guaranteed.”
As you can imagine, this has stirred up some hard feelings among the general public, but the CEO was right. There is a cartel of four carriers which controls the majority of flights around America. If you wish to fly, you must do so at the cartel’s terms (or else you need to buy a plane). This consolidation has allowed the airlines to cut service, increase fares, and add a proliferation of fees. Most markets are under the thumb of a single carrier and, if you want to fly where they have suzerainty you will have to use that carrier or not fly. Good luck getting a train or even a bus in America.
I don’t mean to pick on the airlines: cable service provider, pharmaceutical companies, oil conglomerates, insurance companies, major banks…even toy companies all operate the same way in today’s deregulated society. America has a monopoly problem: but today’s companies are smart enough to avoid having one entity take complete control of a market. Business schools and the school of hard knocks have taught the heads of these companies to be slightly subtler about the way they fix prices and collude. With their record profits, they have also bought up politicians and control the relevant legislation that goes in front of them. Do you care about flight regulation legislation enough to lobby your congressperson? I personally do not, but I bet United sure does!
The bigger takeaway here is that capitalism is facing challenges of extreme success which are causing it to morph into naked oligopoly. This in turn is stifling competition and innovation. It is also breaking our political process. The Republican mantra that “government is the problem” and cartel companies like United or Aetna should be allowed to run everything for the benefit of a tiny number of great aristocrats does not really seem like a platform which was drafted by groundlings! The Democrats pretend otherwise but they abandoned responsible attempts to reign in business cartels back in the 70s. The parties have different favorites, but they are both content that the game is rigged.
It is not supposed to work this way. In an ideal market, you could punish United and its smug multimillionaire CEO by spending three dollars more to take an airline that doesn’t beat up its passengers and drag them off the plane screaming. In a better democracy, you could vote in a district where the winner was not already predetermined by gerrymandering.
This sort of thing means we are going to have to pay attention. We all need to be aware of regulatory capture: an endemic species of corruption whereby giant companies write rules which look reasonable, but which actually price smaller competitors out of the marketplace. Politicians rubber stamp these rules and claim they are looking out for the public interest (while the cartels support their subsequent careeers). We are going to need to be more attentive and smarter, or we are all going to be doing what giant corporations and their pet politicians tell us to do. The moment where we can act is quickly passing. We must push for effective new antitrust measures or we will all have to take our tiny expensive seat and shut up while brownshirts probe and beat us to their hearts’ content… not just when we fly but everywhere all of the time.