Thursday, October 28, 2010

Manufactured Reality

From the man who was the inspiration behind Bladerunner and the Matrix.  Published over thirty years ago when $1 billion was a meaningfully large number….

“Because today we live in a society in which spurious realities are manufactured by the media, by governments, by big corporations, by religious groups, political groups…So I ask, in my writing, What is real? Because unceasingly we are bombarded with pseudo-realities manufactured by very sophisticated people using very sophisticated electronic mechanisms. I do not distrust their motives; I distrust their power. They have a lot of it. And it is an astonishing power: that of creating whole universes, universes of the mind. I ought to know. I do the same thing.”

“Maybe each human being lives in a unique world, a private world different from those inhabited and experienced by all other humans. . . . If reality differs from person to person, can we speak of reality singular, or shouldn’t we really be talking about plural realities? And if there are plural realities, are some more true (more real) than others? What about the world of a schizophrenic? Maybe it’s as real as our world. Maybe we cannot say that we are in touch with reality and he is not, but should instead say, His reality is so different from ours that he can’t explain his to us, and we can’t explain ours to him. The problem, then, is that if subjective worlds are experienced too differently, there occurs a breakdown in communication … and there is the real illness.”

“The pre-Socratic Greek philosopher Parmenides taught that the only things that are real are things which never change… and the pre-Socratic Greek philosopher Heraclitus taught that everything changes. If you superimpose their two views, you get this result: Nothing is real.”
“How to Build a Universe That Doesn’t Fall Apart Two Days Later” (1978) A speech published in the collection I Hope I Shall Arrive Soon and The Shifting Realities of Philip K. Dick. Available online
 
 Question: is the rally from the August 31st lows based on something ‘real’, such as improved growth prospects of U.S. corporations?  Or is the rally a result of a ‘reality’ manufactured by those who simply want increased asset prices and lower debt service costs?  Or is it a reaction to a growing perception of  this possible reflationary reality?
 
The government wants ‘re-flation’ with low debt costs; this does not seem to be something that is possible in my reality, unless everyone else believes in this reality and I am the one who is mad.