The horizon is not so far as we can see, but as far as we can imagine

Category: Philosophy and Ideology

The Haters Guide To Post-Modernism

To be read while listening to the Beastie Boys, Sabotage, at full tilt. Speakers, not earbuds you nit-wit.

In the beginning, circa 1989-93ish, post-modernism was out of step with mainstream academia. Derrida was a curiosity. Baudrillard was simply too dense to understand. (Confession: Baudrillard’s book, “The Gulf War Did Not Take Place,” is actually damned profound and prescient once you get past the kind of syntax that would make Yoda blush.) And Foucault, poor Michel (already dead by the time I attended university) was still dismissed as a fad—although of all the post-moderns Foucault’s work has aged the best and is worthy of respect. His discourses on the body, knowledge and the aggrandizement of power over all three by public institutions presaged neoliberalism. Credit where credit is due.

Sed tamen aberro . . .

Regardless, to the overworked and underpaid graduate students the post-moderns had the frisson of transgression. And nothing attracts the mediocre like a charlatan wrapped in the mantle of authenticity.

Eventually, those grad students became instructors, adjuncts and associate professors all over the country. Chipping away at the old ways by introducing Lyotard’s “incredulity towards meta-narratives” and Roland Barthes declaration that “the author was dead” both invalidating authorial intent and empowering the reader’s (usually baseless) interpretation, Derrida’s rejection of common sense and objective interpretations (known as ‘Deconstruction’) was the perfect mortar for the worst possible innovation.

It was probably Foucault, as his education included a substantial grounding in the history of science, who connected the dots leading from Heisenberg’s Uncertainty Principle, aka the observer effect, and grafted the concept onto his own thinking on the fluid and relative nature between institutions and power.

Then, in 1975 he took LSD. The experience changed everything according to Foucault. He completely revamped his work on human sexuality and its was here that sex took on the aspect of a social construct, to be negotiated. Sex was no longer an issue of pleasure, but of truth. (And thus our sexual identity politics were born.) Foucault’s popular discourse took on a life of its own, especially after his premature death in 1984.

The post-moderns soon expropriated wholesale the ‘observer effect.’ Unfortunately they abandoned rigorous analysis at the same time and like the good mediocre minds they were, adopted a pose I call, “la pose de Sarte.”*

With a highly dubious interpretation of science in one hand and quasi-erotic mojo in another students flocked to their lectures in droves. The ladies showed up for you. The men showed up for the ladies. And everyone ate up the half-baked but dangerously sexy contrarian theories on race, gender, and the negotiation of sexual identity.

Sometime between 2002 and 2014 when I returned to academia the entire coterie of post-moderns had infected all the humanities. And the observer effect acted like leprosy rotting the academy from every which way at once.

But the classes were full. Administrators took note. Professors got grants.

“Whoa, this grift is working?” They thought.

“Nicely done, Waldo.”

Now they’re wearing Zegna shoes and hand-woven black woolen Irish turtlenecks. Undergrad coeds hop in and out of their beds like Mae West on meth.

Soon they get published in peer reviewed journals by overworked and underpaid peers who just don’t give two fucks because university administrators have proliferated while tenured jobs have declined in nominal and real terms.

Big time college sports gobble up what is left of the academic budget, so universities start hiring half-assed adjunct professors and pay them slave wages.

And still, the post-moderns strike le pose, claiming their bullshit truth is equally as true as 2+2=4, when in actuality said theory is the the square root of wildebeest horns multiplied by baboon asses, divided by the Pyramid of Giza plus the Sphinx.

Making any sense yet?

It should not. It should boggle the mind, as not one iota of the post-moderns nonsense theorizing is scientifically provable or falsifiable. It’s bunkum. A weak attempt to prove there is no such thing as objective reality to anyone but the observer.

While working on my second masters I signed up for a seminar on the history of human sexuality. This was 2015 and we deconstructed the biological focus of traditional theories of sexuality. Now there was a masterclass of freeway rubbernecking idiocy. After that nonesense, we discussed Foucault, Jameson and finally Deluze, who more than any other post-modern flagrantly conflated science and mathematics to justify nothingness and subjectivity’s role on the observer’s effect, especially on sexual identity.

Give you one guess what conclusion we arrived at: sex is a social construct.

To be fair, gender is a social construct. The Thai’s have three genders, masculine, feminine and khathoey, or ‘Lady Boy.’ Kathoey are fully integrated and accepted into mainstream Thai, Cambodian and Laotian society. But sex, sex is not a construct.

I can prove the objective reality of sex’s falsifiability as a social construct.

Question: can you have an orgasm? Answer: yes. Then you are male or female.

Answer: no. Well, I respect your commitment, snip-snip, but you are neither male nor female.

Why would the professor care about any of this? He has tenure and his agenda. Besides, he’s getting laid more than Hank Moody in Californication.

Meanwhile the students grow stupider yet simultaneously more arrogant as they adopt le pose.

A vicious cycles ensues and we now find ourselves in the present moment, slaves to time’s relentless arrow.

But as the close neared its end it was time to put up or shut up. Yes, I know how to be a good suck up of a student and get high marks!

So, I wrote my research paper on the Alexandrian Greek poet Constantine Cavafy and his catamite. I got an ‘A’ but the course, well, to be generous, it was a shit show of moral degeneracy and complete intellectual absurdity.

I’d have been better off in Amsterdam’s Red Light District. At least I’d have had more fun.

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*Sarte: French existentialist philosopher of high regard and mortal enemy of Foucault.

Friday Morning Highlights and Lowlifes

~by Sean Paul Kelley

Couple of random notes this Friday morning, mostly economics related, some silver news and my personal reaction to portions of the discusssion in Ian’s “Is Virtue An Advantage Or Disadvantage For Societies?” post.

First, econonomics. It looks more and more like we are heading into a 2008-style credit crisis/crunch.

Don’t believe me? Well, the FED flooded the US banking system with $18.5 billion to ease liquidity concerns during the week of Feb. 17 because cockroaches be busting out of just about every private equity/credit shop present. And we all know, if you just don’t turn on the lights, you don’t see roaches.

These kind of economic events don’t do what you think they are going to do. Many people assume any economic crisis in the US will lead to a rapid dollar hegemony collapse. But as I explain, the dollar will actually get stronger:

“[W]hen the credit crunch gets a full head of steam it won’t lead to reserve status collapse of the dollar. It will, counter-intuitively, but inexorably pump the dollar higher and stronger as NYC becomes a 2008-like Black Hole for cash allocated dollars world wide desperate to fill potential insolvency holes in banks and shadow-banks/private equity credit boutiques . . . . “

That’s what happened in 2008. As I conclude, “Dollar reserve collpase will be a result of national insolvency, not a global credit-crisis/crunch.”

Basically what End Game Macro is saying in this post is the following: the economy grew little to naught post-COVID to present. It basically did what equity markets sometimes do: trade sideways for years, decades even. For example, after the 2008 Financial Crisis the S&P 500 traded sideways for four years until it broke out in late 2012, early 2013. That’w what the US economy has done since 2020: move sideways, although Biden-inspired over-immigration skewed the growth numbers, as End Game Macro notes:

From 2021 to 2024 the U.S. saw over 11 million arrivals, more than 3 million in 2023, and net migration around 2.4 million per year in 2021 to 2023. That can lift GDP and payrolls while masking weaker per capita momentum. As the surge cools, the masking fades.”

I’m not being anti-immigrant here, I’m just stating the facts. As Trump dug his heels in and unleashed his ICE goons, the econ surge faded, and fast. End Game Macro also notes, a lá 2008 that system-wide credit stress is popping up whack-a-mole like in almost every category:

“As of February 2026 serious delinquency is flashing late cycle strain. Auto loans 5.2 percent, credit cards 12.7 percent, student loans 9.6 percent 90+ days past due with estimates as high as 16.3 percent turning delinquent late 2025, and FHA delinquency 11.52 percent. Job quality also reflects strain.”

And I’m not even going to touch on the downward revisions to US employment except to say we’ve not gained a single job, but actually lost millions. The BLS hints at the size of the disaster in jobs “recovery.”

Last econ note: big move in India just confirms my thesis/argument/assertion that the combined wealth of the West is undergoing a multi-decade transfer back to the East:

For decades, the price of silver in India—the “diamond hands” of the silver world—was dictated by a small group in London and USA. Indian ETFs used the London Bullion Market Association (LBMA) prices, which often had nothing to do with the actual physical demand on the ground in India.

The Move:

On February 26, 2026, SEBI officially announced that starting April 1, 2026, Indian mutual funds and ETFs will no longer rely solely on London’s “AM fixing” prices. Instead, valuation will be based on polled spot prices from recognized domestic exchanges like the MCX.”

That’s one serious high hard one to the Comex and LBMA! This is a big fucking deal.

Next up: war in the Ukraine.

I’ve repeatedly argued that the Ukraine has lost all any and all possibility of regaining strategic initiative, and this reinforces it, way wickedly:

As I have noted ad nauseam for months now: the #Ukraine has lost any chance to sieze the initiative on the battlefield. All the #AFU can do is ineffectively counter-attack like a punch-drunk boxer. Trading lives for time will not work out for #Zelensky in the end and the end is coming sooner than he thinks.

On that note, the Red Cross confirms the Ukrainian to Russian KIA ratio. And it is bloody awful: 34/1. People often tell me that my belief in realism in foreign affairs is deeply immoral. Fuck that shit. International liberal hegemony is 100% at fault for all the deaths in the Ukraine. All. Of. Them. The denizens of Davos are uttely complicit.

In another grim note: Russia is in the initial stages of attacking The Big Banana. For the first time artillery shells are falling down with impunity on the city of Kramatorsk, like rain does on an average Portland Wednesday.

In regards to the conversation on Virtue and especially regarding the 800,000,000 number of Chinese lifted out of poverty. Well, Ian is correct. I did the numbers here back in September.

As regards Chinese leaders being better or worse than those in the West, especially the US: Ian, again is correct. The best way to view the argument is by winnowing it down to two prepositions. The Western view of liberty has its origins in peasant upward mobility in the aftermath of the Black Death and the clash of classes. Ergo: in the West we have the freedom “of” speech, assembly, bear arms, etc. . The Chinese view of liberty derives its origins from a long exigetical tradition of the origins and limits of dignity. In essences, the Chinese see liberty as freedom “from” poverty, warlordism, chaos, illness, crime, rapine, etc. . .  Both views are valid. Both views are limited. But at present the Chinese view of liberty is more effective in increasing the common good than that of the West.

On the posssible, now looking more probable, war with Iran, the US has ordered the evacuation of its embassy in Israel. I don’t know what could make it more obvious, you?

More as it happens.

And more happens. This comment by Ray Dalio reminds me when I was a young broker I read Robert Rubin’s memoirs, In an Uncertain World, and took to heart many of his investment rules, going so far as to write many down on old fashioned white catalog cards–this was before the internet, btw! and memorize what I wrote down. Don’t judge me. I was young and dumb.

Love Rubin or hate him, like James Carville said, when I get resurrected I want to come back as thet bond market. Rubin knew how to invest and make consistent returns. So did Barton Biggs, long time chief investment strategist at my alma mater, Morgan Stanley. Those two men shaped my view of economics, markets and political economy more than anyone or anything else. And yes, I read Jesse Livermore’s memoirs. They did little for me precisely because at his heart Livemore was un-disciplined. And discipline is key to making money.

If you take your own advice you’ll do well. If you’re like me and stayed retarded longer than markets remained illogical, well, you’re fucked. If I’d taken my own advice I’d have a small fortune like a handful of former clients do to this day.

One of my key rules: if you want to get rich, speculate in the stock market, but if you want to be truly wealthy, invest in bonds. In other words, the real wealth, massive cash-flow comes from debt service. That’s just an ugly reality humanity has yet to escape.

Another rule to live by: if an investment goes more than 15% against you, cash out. You can recover from a 15% loss, but a 25% or 30% or even 50%? Not a chance in hell. Ever.

Last rule: if you double your money in an investment, sell half of your gain and let the rest ride. I guarantee you’ll never lose a dime on that investment if you follow that rule.

One last comment on Rubin: he was a ‘careful contrarian’ and being a contrarian has served me very, very well. It’s a painful and lonely place to occupy at times so be prepared to man up. In the end recognize when you feel the least amount of risk is the precise moment of the most risk, the instant before you lose your ass.

Maybe more, maybe not. Time dictates all.

So the muse is a fickle-bitch. This analysis of the transcripts of the Trump-Xi phone calls is brutally and hysterically accurate:

This time it’s particularly funny because the Chinese transcript (fmprc.gov.cn/eng/xw/zyxw/20) has Xi telling Trump: “It is always right to do a good thing, however small, and always wrong to do a bad thing, however small.” This proverb might not sound like much but it’s actually extremely meaningful when you understand the reference.

The reference comes from the Romance of the Three Kingdoms, China’s Illiad and Odyssey plus the Aeneid and a smattering of Dante’s Inferno for good measure. It’s indicative of how urbane and historically literate the Chinese are. And a clear notice that China is what historians, anthropologists and others of such ilk refer to as a “high context” culture: 

China is a High Context culture, a communicated message has different layers of meaning, While America as majority of the West is Low Context. The other culture/language that is High Context is Arabic. To understand the spoken words one need to be deeply rooted in its culture, its history and religious tradition.

Spoken like a true scholar and humble student.

I want the last word. Heh! But seriously, silver trading at the Comex closes the day sharply higher, firmly walking through a wall of resistance at $92, ending the day at $93.06, up 7%. A very bullish closing price for silver. Silver bugs should sleep happy tonight.

 

 

 

What Is Post-Modern Thought?

Until I went back to graduate school 12 years ago, I really had little exposure to post-modern thought. Let’s just say after getting my master’s I’m very familiar with it now. It just wasn’t taught in the 90s when I got my bachelors. But now? I got a rude awakening.

Post-modern thought is not a complete philosophy like say the Enlightenment or the Renaissance, or even Aristotle’s great efforts at systematizing human experience. Nor is it an ideology. What the totality of post-modern thought represents, both its Continental version and its Anglo-American offshoot, is a highly adaptable toolset to critique the modern world, to learn to understand it in very uncomfortable but real ways: a toolset that alters a persons perception away from preconceived notions they are often born and indoctrinated into at an early age, that will inevitably challenge their view of the world and the processes that dominate their lives. But it is not an ideology like capitalism—backed up by the fantasy of Chicago School economics, or socialism or Communism. It is incomplete, not a totality of ideas for living and creating government like the Enlightenment philosophers imagined.

That said, the collection of post-modern thought is a highly worthwhile corpus of texts to read, which soon becomes a very useful toolset to engage in modern and ancient texts, modern media, nationalism and government. At least, that’s been my experience. Yes, I know I kind of repeated myself. Sue me.

Perhaps an example will be efficacious. Let’s go with Foucault’s discussion of the nation owning a person’s biology. An excellent example from my own life is my father had stem cells harvested to rebuild the cartilage in his knee several years ago for a procedure in Mexico. He had the stem cells harvested in the US and they prohibited the export of them to Mexico. So he had to start all over. I can think of many other examples, such as female body autonomy in the United States. I would never have conceived of my own nation owning my biology, but when I consider that corporations can now patent DNA Foucault’s ideas first ring true and second increased my analytical rigor towards just how much power “they” have and how little choice I truly have. Not to mention how my choices are only growing less and less as we go full fascist and I grow older.

Why do I bring this up? I have no idea. It’s 2:11 AM central time and I can’t sleep. My unsleeping brain got stuck on Foucault so I decided to write this up. Maybe I should read some Foucault next time. That guarantees sleep.

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