October 9, 2003. PRESTIGE VERSUS CASH.

Another good observation of Joseph Conrad, from chapter 6 of The Secret Agent , is about a variety of Limousine Liberal. The old lady in the novel is a former beauty, an aristocrat, a social leader, and the patroness of the utopian anarchist Michaelis:

She had come to believe almost his theory of the future, since it was not repugnant to her prejudices. She disliked the new element of plutocracy in the social compound, and industrialism as a method of human development appeared to her singularly repulsive in its mechanical and unfeeling character. The humanitarian hopes of the mild Michaelis tended not towards utter destruction, but merely towards the complete economic ruin of the system. And she did not really see where was the moral harm of it. It would do away with all the multitude of the "parvenus," whom she disliked and mistrusted, not because they had arrived anywhere (she denied that), but because of their profound unintelligence of the world, which was the primary cause of the crudity of their perceptions and the aridity of their hearts. With the annihilation of all capital they would vanish too; but universal ruin (providing it was universal, as it was revealed to Michaelis) would leave the social values untouched. The disappearance of the last piece of money could not affect people of position. She could not conceive how it could affect her position, for instance.
We don't have much in the way of aristocrats in America, so this might seem to be obsolete, but then I realized it is not. We do have old ladies who are former beauties and social leaders, and who are richer in the currency of prestige than they are in the currency of cash. People like me, for example-- the professoriat. (Not that I'm a present or former beauty or social leader-- but my class tends to be.) If the businessmen are destroyed, and wealth is levelled, who will be on top? The natural aristocrats, of course-- the professors! Thus, we do not fear revolution.

Why hasn't anybody told me of Conrad's political insights before? Heart of Darkness is all we hear about.

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