In the face of the precipitous downfall of the Russian rouble (₽) over a constellation of sanctions, perceived weaknesses, an alleged slack in demand for petroleum over weakened industrial demand, which is at the same time being offset by increased American production(which does smack as a bit suspicious, given the overall climate and charged accusations of conspiracy to undermine that seems like burning one’s wick at both ends), some economists are diagnosing Russia with the so-called Dutch Disease—which turns out to be a relatively recent market characterisation, describing the misguided attempts that the Netherlands committed in the 1970s when, after the discovery of off-shore oil reserves, began cultivating that natural resource at the expense of all other export sectors, whereas I would have guessed it to have had much more historic roots, like in the Dutch founding a stock-market based on tulips or an empire based on exotic spices.
By extension, they claim that Russia has no economy per se but rather is an oil company accorded the membership of statehood, but that is more than a little bit dangerous and near-sighted as the same could be said of most national marketplaces that call themselves post-industrial. America is hardly a competitive oil company—more a captive consumer—and is more akin to a name-brand that licenses its economic activity out to franchisees. This collective Schadenfreude over the fate of the rouble is woefully premature, too—I think, considering the range that the single currency has. Though by population and other measures of wealth, the rouble sphere of influence is not as great as the Euroraum, covering a large portion of Eurasia and extending from Norway to Alaska, the long way around and fully one eighth of the habitable land on Earth, I imagine that the internal needs of the country could still be met and indeed thrive without regard for external scalars. Moreover, if hostile voices insist on countering with the same poisonous rhetoric, I imagine that the foreign debt that Russia was formerly welcomed to both finance and borrow could be easily turned to tactical purposes. What do you think? Of course, there is real cause for concern, but there also might be old Cold War fears and prejudices pushing agendas as well—and not just the well-oiled oligarchs.
Sunday, 21 December 2014
pot to kettle or the dutch disease
Friday, 19 December 2014
studio system
Back in 2004, then regime of North Korea made overtures to the Czech Republic to prohibit its cinemas from showing the movie Team America: World Police because of an unflattering depiction of Kim Jung Il in puppet form.
The Czech government rebuffed such demands, saying that those kind of requests have no place in free and democratic countries. Before that, Charlie Chaplain resorted to financing the production of his parody The Little Dictator, entirely with his own funds, because all the Hollywood studios were afraid to touch the subject and be seen as taking sides. Now a studio is in similar straits over a lampoon—and while I can appreciate the difficulty of the decision, with no pretentions of being a profound masterwork of a film, it may be not worth it to pick this fight and instead be accusing of caving to bullies and blackmailers—and is ultimately not releasing the movie to anyone. What do you think about that? Does the studio merit being foisted on its own freedom of speech and expression?
j’adoube or game and gambit
After being invented in the India sub-continent, the game of chess in its recognisable and modern was one of those cultural commodities, like language, writing and religion, which was quickly disseminated all over the world and was firmly entrenched by the year one thousand. The game was so popular and universally played that societies were also quick to undertake reimaging their boards and chessmen after their own iconography and values.
candida or grist for the mill
Thursday, 18 December 2014
data knows best
Via the Browser comes a clever and creepy piece by writer Sarah Wilson on the potential—nay, inevitably paternalistic nature of the internet of things, wherein one’s smart appliances, imbued with a life and will of their own collaborate to ensure that their human masters are given exactly what they need and to remain ever vigilant. I wouldn’t qualify the scenario as a satirical one since we are all lurching—or being dragged in that direction anyway, towards a silent intrusiveness and helpless against this obliging conspiracy. I wonder if we might want to grow more dispossessed with this notion of hinging everything together. What do you think? Are we already too far gone to have a choice in the matter?
like a picture print from currier and ives
As the fourth Advent comes rolling in, here are a few scenes from Christmas markets in Wiesbaden, Leipzig and Erfurt to celebrate the season. PfRC wishes you all good cheer, be kind to one another, and thanks for visiting.
catagories: Hessen, holidays and observances, networking and blogging, Saxony, Thรผringen
Wednesday, 17 December 2014
two-d or shrinky dinks
Collectors’ Weekly has a nifty little show-and-tell feature on the Mid-Century Modern phenomenon of Colorforms.
beaker culture
Looking at this glass without knowing its context and provenance, one might think it’s a beautifully crafted piece of Nordic school Art Dรฉco.
Whether it was in fact the bath-water of the nunnery, as some say, the fact remained that the water supply of the day was potentially sickening to drink and wines and spirits were generally much safer and cleaner and so the Duke grew concerned about her health. Presenting her a collection of fine goblets—though the beakers are more vase-shaped and look awkward for actually drinking out of, maybe better suited as a communion cup—the Duke hoped his wife would change her habits but was disappointed when she still poured plain old water into them. Later, however, the Duke saw that when Hedwig raised the glass to her lips to drink, the water was changed miraculously into wine. The pictured glass is from the British Museum but the beakers have been held in the treasuries of abbeys and cathedrals as holy relics for centuries. In fact, I am pretty certain that I passed one more from the set from the same workshop in the very fine museum collection of the Coburg Fortress without realising it. There are quite a few of the Hedwig glasses in Germany, including one in the Cathedral of Minden—and H and I will have to be on the look-out during our travels.