Thursday, September 18, 2008
Mo' Money, Mo' Problems
One thing I will never be comfortable with: credit. Credit, credit, credit. Everything here works on credit. I am a cash-based-economy kind of girl. If I dont have it in my pocket, I just wont spend it. Ive been working for almost one year now and I still havent opened a bank account (although it looks like ill have to cave on that one soon because the world order is against me). In America, more than any other country Ive visited or heard of, everything is credit purchased. People live their entire lives spending money they've never seen or touched. This ephemeral cash flow scares me. Everyone owes money to the banks, its almost a national catastrophe. This is the true indication, i guess, of a capitalist society. It is, simply, capital. and either you try to "leverage" it, or you just fiddle with it and make it move around. Either way, every american citizen partakes more in the MARKET than I have ever conceived of being. I finally understand what we were talking in my economics textbooks and now i like it even less. I used to think that just being part of a modern nation-state you are inevitably part of the capitalist world order. and to an extent, of course, you are. but now i really see the implications of that day to day. Maybe im a little too 20th century but I dont really think of money in the ...um..metaphorical sense.