Open Seminar Announcement

Centre for Psychoanalytic Studies
University of Essex

Wednesday 28th April 2010

Professor John Clarke

‘Psyche and Cosmos: The Emergence of Order out of Chaos’


John Clarke is Professor Emeritus in the History of Ideas at Kingston University, London. He studied philosophy at UCL and Birkbeck College, and has lectured in philosophy at McGill University, Montreal, the University of Singapore, and Kingston University. His publications include In Search of Jung: Historical and Philosophical Enquiries and Jung and Eastern Thought: a Dialogue with the Orient. He is currently writing a book on emergence theory.

Abstract: Recent developments in the fields of complexity, self-organising systems and cosmogenesis have revived interest in the anti-reductionist idea of emergence, and this paper will examine some of the implications of this idea for our understanding of the human psyche, with particular reference to Jungian thinking.

ALL WELCOME

Venue: Room 4N.6.1
Time: 5.00pm – 6:30pm

Details of all our Open Seminars can be found at:
http://www.essex.ac.uk/centres/psycho/news_and_seminars/seminars.aspx

For further information or if you are interested in presenting an Open Seminar
please contact: Chris Nicholson, Centre for Psychoanalytic Studies, University of Essex
Tel: 01206 873075 / Email: cpsugrad@essex.ac.uk

Synchronicity, investor psychology and history in the making.

In a strange synchronicitous event on former British Prime Minister Margaret Thatcher’s 83rd birthday, we are seeing her 1983 reforms of the UK money markets dramatically reversed. What would Carl Jung have to say about that? Well as he’s no longer with us, I’d like to have my say first.

The current facts: the ongoing collapse of free market capitalism is today resulting in a move towards nationalisation of many major financial institutions, with governments the world over considering major international reforms of the global banking system. In Britain this has amounted to nothing less than a socialist coup, that is the unelected take over of financial boardroom strategy of 3 major banks by a Labour government, without any need for re-election or opposition from parliament. These are the most far reaching reforms of our economy since Thatcher’s deregulation of financial markets in 1983, and prior to that the nationalisations of the 1940’s. The UK taxpayer now owns large parts of these banks and their elected representatives (treasury staff) now have a say in how these assets are managed.

Some of the reforms made include bank CEO’s bonuses no longer being awarded in cash, but bank shares, thus encouraging a long term view when making decisions on lending and borrowing, as they stand to win or lose on the basis of their own decisions. The banks’ declared ‘loss of confidence’ (returning to this below) will not be able to hold the taxpayer to ransom either ( as I feared it might), because the government shares in these banks are large enough to ensure control of boardroom decision making and thus, the freeing of money for lending to small businesses and homebuyers, at reasonable rates.

However, there have been some objections to what’s happened from the public, such as ‘but they're spending our money, tax payer’s money, to bail out banks’. Hmmm. But the city spivs were running off with huge amounts of our money anyway, money they were earning through risky investments of our savings in volatile markets, causing spiralling debt and a property boom that ensured we spend a greater proportion our income on housing than any other country in the developed world. Effectively we UK mortgage holders were paying rents for our homes to banks (the real homeowners) who were investing the profit in further property development (through, for example, selling high interest ‘buy to let’ mortgages offered to increasingly greedy landlords) which fuelled a house price boom that excluded many working people in Britain from the stability of having their own home. Instead many have been forced to pay high rents to ‘buy to let’ property tycoons for substandard housing. Meanwhile, bank CEOs, mortgage brokers, bank share holders, property developers and such like, coined in huge profits generated by their risky investments of our money… leading to the crisis we have seen in the past few weeks. The ‘loss of confidence’ that led to the drying up of funds and frozen liquidity was caused by fear amongst financiers of each others greed. In psychoanalytic terms, this economic collapse has been driven at bottom by paranoid schizoid greed and envy.

The ultimate fear was that continued lending might fail to bring in the big bucks that had been previously lining the pockets of city spivs at the ordinary working person’s great expense. So they stopped lending. Today we are seeing the return of managed markets, restored confidence, as the government intervenes to contain the paranoid schizoid confidence crisis. This demonstrates how ethereal high finance really is, and how driven our economies are human emotions such as paranoia, fear, enthusiasm, greed and envy. As our financial institutions have increased in size to embrace a deregulated global free market, their default position during uncertain times has been driven by increasingly primitive processes, which is how large groups tend to operate in a crisis. Today we see the resuscitation of nationalisation as the only workable strategy of containment.

Happy birthday Maggie.

Jo.

Dear shadow

You have a dream. You find yourself walking through Pieter Bruegel the Elder’s painting "Netherlandish Proverbs", surrounded by figures re-enacting countless proverbs, sayings and aphorisms. The scene needs decoding. Above you, a man "hangs his cloak according to the wind" (adapts his viewpoint to the current opinion), whilst his neighbour "tosses feathers into that same wind" (works fruitlessly). A third figure "gazes at the stork" (wastes his/her time). And so it goes, according to accepted wisdom.

The sun is still climbing. You become aware of the shadow that your body casts on the ground. It is indistinct, and falls towards the sun rather than away from it. As you make your way through the characters and their travails, you begin to be overwhelmed by the burden of intersubjectivity, the sheer agony and exhilaration of being alive amongst other people also living, and yet long since dead. You think about joining them, leaving the darkness behind.

The realisation dawns that you have been here before, and some familiar words ring out, seemingly sung by a group of fleet foxes, sitting watching the humans from the slopes of Tiger Mountain, just outside the frame of Bruegel the Elder’s painting…

“In the town one morning, I went
Staggering through premonitions of my death-
I don't see anybody that dear to me.

Dear shadow, alive and well,
How can the body die?
You tell me everything,
Anything true.

Jesse,
I don't know what I have done-
I'm turning myself to a demon.
I don't know what I have done-
I'm turning myself to a demon.”