Recession Value

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While reading about recessions (am I getting old, or what?), I suddenly got the creepy feeling that our entire lives are unduly influenced by those who think they know what they’re doing.  Financially, that is.  The Great Depression and the Great Recession were both times of economic hardship because the rules capitalism put in place defined us as being in an era of lowered GDP, or gross domestic product.  Why?  Because there were no jobs.  Why?  Those who hold the purse strings (capitalists) had pulled them shut with all their might.  Then, like magic, depression and recession end and everyone tries to get back to business as normal.  To me this seems utterly ridiculous.  They call economics the dismal science for a reason, after all.  The fact is the rules are made by us.

Society is very complex.  This is one reason that people should really think hard about who they’ll vote for.  Leaders who think it’s all simple inevitably lead to disaster.  If I could, I would switch the world economy away from capitalism.  If I were president and were to try this, it would be a very, very slow process.  It would take generations.  Why?  Because this is a complex system.  Sudden changes don’t last.  Of course, to people who believe the universe took only six earth days to create and that a big flood wiped out all the dinosaurs (or maybe some were on the ark), complexity is anathema.  Of the devil.  Well, as they say, the devil’s in the details.

Image credit: I forgot where I found this; if anyone recognizes it please let me know!

And so we suffer through depressions and recessions.  To those of us with feet on planet earth, it doesn’t feel like much has changed.  We still need to sleep and eat and all that, but some “experts” are telling us why we have to pay more at the grocery store or at the fuel pump, and why those at the top of the pyramid seem to be all right, no matter what happens to the rest of us.  And we let it carry on.  Economic systems are simply a reflection of what people value.  The things we value most cost the most (it’s called supply and demand, AKA capitalism).  The most expensive material thing I own is my house, and truth be told, it’s mostly owned by the bank.  But the most valuable actual thing I own is my mind.  It can’t be bought.  And one thing it keeps on telling me is that all of this business about recessions and whatnot is rather silly.

The Ethics of Deception

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In New Jersey you can’t pump your own gas. If you pull into a station with a line, you have to wait your turn. Once, on my way to an adjunct job, I pulled up to the next available pump. It was the only one free, and a car pulled up behind me to wait. Meanwhile the car at the pump in front of me pulled out. The attendant signaled the car behind me to the vacant pump and then walked back to tell me that my pump was out of order, I’d have to wait my turn. I left that gas station and have never gone back.  I think about that a lot. I don’t mind pumping my own gas, and I certainly don’t mind waiting my turn.  If someone is given preferential treatment, however, my primate blood starts bubbling.

Gas pump
 
Although I’m middle-aged, I keep starting my career out again at entry level.  I’m sure I’m not the only highly trained professional in this boat.  In fact, I keep an eye on LinkedIn so I know that it’s not at all rare.  As I sit and watch the available jobs go to those younger than me, I wonder about the ethics of it all.  After all, I’m very nearly the same age as the President, and that makes me shudder.  Here’s the ethical quandary:
 
When I was a student in the late 1980s and early 1990s, those of us in doctoral programs enrolled because we were encouraged to do so by the academy.  No one can see the future, of course, but in academia it seemed if it was status quo ante from here (then) to eternity.  There would be lots of jobs, and those of us with the talent were actively recruited to enter doctoral programs and—here’s the ethics part—help meet the need that was about to come!  Did we want to see university positions vacant?  Of course not!  So we gamely stepped up, read our brains out, defended theses (far more than 95 of them) and found ourselves in a world with no room for us.  I managed to get a job, unlike many of my colleagues.  When I was let go, however, I discovered that the viable jobs were being snapped up by younger candidates.  These were students who’d entered the fray after we already knew it was a dying market.  They had the virtue of being younger, and therefore cheaper, and so the academy blithely moved on to forget those of us who’d gone through when everything short of a promise told us there would be jobs. There’s an ethical issue here.  If you know there are no jobs, should you be giving first shot at the few there are to those who entered the system when there was a future?  We used to call it paying our dues.  Now, it seems, those who’ve paid into the system all their lives will get nothing from it.  I’ll be the guy at the gas station ready to fill your car.  If you pull in behind somebody else, you’ll have to wait your turn, however.  I’ll insist on it.

Five Man Electrical Band

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I grew up looking for signs. If you sincerely believe the Fundamentalist worldview, then we are all part of a great, divine dramaturgy in which we have expected roles to fulfill. The script (Holy Scripture) is a little vague on the individual details, but if you know where to look you can find signs. They may be obvious and literal or subtle and ambiguous. The faithful, however, know they must seek them out and take their chances. I grew up in a decidedly blue-collar world. In my head, though, it felt like I was meant for something more. My career ambition was to be a janitor, but my reading and the counsel I received from those who knew more than I did suggested I might have a higher calling. The concept was unfamiliar at first, but compelling. I had to be able to read the signs. I remember hearing about seminary for the first time. If I was going to be a preacher, I had to go to seminary. The summer before starting college, I sat on the dilapidated front porch of my step-father’s house and taught myself to draw the Greek alphabet. Signs were rare, but when spotted, definitive.

Seminary came to define my existence in a way that I couldn’t foresee. I started college with the idea that, all things being equal, I’d end up at seminary. Still, I was drawn to the life of a faculty member in a liberal arts setting. Eventually, I recognized it as my calling. Getting to seminary proved more difficult than I’d imagined. It wasn’t the grades—it was the expenses. I was in debt and I knew that bank barons did not forgive us ours as we forgave others theirs. In seminary, signs came to take on differing interpretations. Maybe I was correct about ministry or maybe not. Looking closely, I could see that the script had marginal notes, and that it wasn’t even the original manuscript after all. I’d learned original languages only to become more confused about the signs. When I left seminary I knew one thing for certain—I didn’t ever want to teach in one.

My first professional job, of course, was teaching in a seminary. It was not a matter of free choice as much as free economy in free-fall. In the early ’90’s recession, jobs were few and signs completely distorted. When impolitely asked to leave my seminary position after a decade and a half, I was type-cast as a bit-player. The washed-up seminary teacher. I began to see signs along the highway for seminaries trying to recruit potential clergy. This was no longer a calling, but a job option. Don’t enjoy the rat race? Why not try opting out? The pay won’t be as good, and society will come to despise the very doctrines you’ll be taught, but at least it’s a living. I still see such signs. And I’m still not sure if I’m reading correctly. And even today, I notice with appreciation when a floor is expertly stripped, cleaned, and waxed.

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