Showing posts with label economic capital. Show all posts
Showing posts with label economic capital. Show all posts

Saturday, April 6, 2013

Neoliberalism & The Danger it Poses to Society


In class this week, we analyzed the terms neo-feminism and neo-liberalism. Neo-liberalism is defined as a political philosophy that advocates support for free trade and open markets and increasing the role of private sector in a modern society. 


On December 14th of last year, a man went on a killing spree in Newtown, killing 26 people, including 20 children. For an article on The Week, Neil Clark explains that there will be more examples of killing sprees, such as the one in Newtown and in Britain recently due to the fast-paced changes in a neo-liberal United Kingdom. “The answer is that we've Americanised our economy, and consequently are paying a very high social cost.”

Henry Giroux, author of “Youth and the Politics of Disposability in Dark Times” argued in a recent article that the rise of financial meltdown presents a problem for the youth. Giroux defines neoliberalism as; “the latest stage of predatory capitalism [and a] part of a broader project of restoring class power and consolidating the rapid concentration of capital.”



One of the important questions to ask when considering commercial films, national culture and its relationship with neo-liberalism is if there are any benefits. One of them can be the film industry in Argentina. The country’s government is characterized by neo-liberal economic reform that which has benefited greatly for its film industry. “The film industry in Argentina has witnessed a recent `boom' in commercial blockbuster movies that is bringing audiences back to see national films. These high budget productions are produced in part by large television channels that are utilizing state subsidies for these projects. While this translates into healthy growth for the film industry, it is transforming the character of national film production from a cultural project to a commercial product.” (Media, Culture & Society)

On the other hand, it seems to defeat the purpose of neoliberalism if the government benefits. In an article in The Guardian entitled: “Our economic ruin means freedom for the super-rich”, George Monbiot explains:  “Neoliberals claim that we are best served by maximising market freedom and minimising the role of the state. The free market, left to its own devices, will deliver efficiency, choice and prosperity.” Therefore, the role of the government should not be so influential in the industry as private enterprises.

I think it's important to note that the private sector, especially in concerns to films is very influential. Apart from the economy, it's also important to note that neo-liberalism has seeped into films and education.



Picture Credit

Wednesday, February 1, 2012

BUS- TED

Its rustic-red metallic body gleamed in the summer sun, giving it the sheen of a glazed cherry. Behold, I thought to myself, the bus of Mumbai. Mumbai, by the way, is the financial capital of India and the country’s most populous city, with a total metropolitan area population of approximately 20.5 million. In terms of population statistics, Mumbai ranks fourth in the world.
Well, that is what Wikipedia has to say about it.

To me, the city is all about hype, color, traffic, movement, flow, people, pollution. And Bollywood.



Anyway, back to the bus. The time I speak of is about four years ago, when my family had just left Muscat and we were back on apni zameen, our own homeland.

And I was, for the first in my life, all alone at a bus stop, waiting for a ride back home.

No, actually I was with a couple of friends. How else was I to understand the fancy numbers in Hindi that were no more meaningful to me than an assortment of lines and curves? These numbers told you which route the bus would follow. Until you are a headstrong adventurist, you do NOT want to get on a wrong bus.

I remember standing there and watching as the bus continued to slunk sulkily in the traffic. My thoughts went something like, God, this thing could put a snail to shame.

Finally, it was at the bus stop.



So what you had to do was continue to stay in the line and then get in the bus as your turn came.

Wait.

Line? Turn?

Whoa, let’s not forget this is Mumbai we are talking about. Here, there ARE NO LINES!

Each time, I remember how everyone would just clutter around the narrow opening of the bus, trying to clamber in as quickly as if there was a prize for the one who did this the fastest. So now I find myself in a flock of citizen- sheep, pulling and pushing as everyone tries to scramble in at once.

It is a miracle how I can even get in here, I would think each time, as the bus would begin to pull away.



An example of flow, that. Be it at a bus stop, or a railway station, you just stand in the crowd and flow with it. For all around you would be such a huge ocean of people, ki cheenti ke chalne ki bhi jagaah na ho. That not even an ant can pass through, my grandma would say. (She, by the way, has been an active Mumbaikar for about 50 (and counting) years now).

On my very first bus ride, I was awed. Later all sorts of adjectives—not very positive, I’m afraid—could be used to describe how I felt.

On that trip though, I must have looked like a bright bubbly girl of seven, thinking quietly to myself, Whoa, look at all these people!!! For there were all sorts of people around you, brushing against you. You spent three quarters of your journey standing, mostly sandwiched uncomfortably. That is the condition of Mumbai buses everyday early in the morning and then again late in the evening, when the populace is on its way to work, or returns from work. It’s remarkable just how the number swells. So, in the mornings, the bus is flooded with the mild scent of beauty soap and cologne. Come dusk, it is salty with the smell of sweat and exhaustion.



Well, the rickety mobile lumbered ahead. I stood where I was, dutifully, not so sure now that I was enjoying it. Just then, pushing his way through the mess of men, women and children, came the burly old conductor.

I know how this goes, I thought to myself. I just tell him where I need to go, give him the money and the guy punches me a ticket.

Right?

Wrong.

There are a thousand things that could go wrong, as I discovered on that fateful day.

“Airport Stop” I said.

“Huh?”

“Airport Stop.” I said a little more louder.

“Das Rupiyaa” he muttered gruffly.

Ten Rupees. Right. I had to give him the money and get the ticket.

So I wriggled a little until I had space enough to take off the bag hanging on my shoulder and hunt for the das rupiya.

It happened just then.

The bus suddenly braked to a halt.

Inertia played its part, and the next thing I know, I am thrown forward mercilessly.

It was like being in a free fall. I didn’t know when I would stop falling. I remember feeling the silk of someone’s saree, the coarseness of someone’s jeans, as I fell through all those people, unable to brake, unable to stop.

Honestly, I cannot think of another time I must have felt that hot around the neck. I knew I had gone red as a beet.

The bus, meanwhile, continued forward.

I hauled myself up, flustered but unhurt. I could feel eyes looking at me.

“Uh, I’m okay” I wanted to say but I’m glad I didn’t. Because then I would have looked like a complete moron. On a busy day in a crowded Mumbai bus, people have neither the time nor the inclination to care.

That was the good news (though I dare say, I did catch a few giggles).

The better news was that I had learnt “my goddamn lesson,” as I told my amused mother at dinner that day, “Always, always hold on the handrails of a bus when you stand.”
*

Analyzing this form a social perspective, it is evident that there are several factors at play, influencing the way people behave and interact. Consider, for one, the question of inequality. In a city with a teeming population and relatively scarce resources, there is a wide economic disparity and uneven resource allocation. This leads to inevitable inter- societal competition for limited reserves. Middle and lower middle class Mumbaikars, for example, are heavily dependent on buses and rickshaws as their primary mode of transport, since these are highly cost effective. But the available transport facilities cannot satiate the ever-increasing demand of the booming population. This leads to a rat-race where everyone tries to utilize the existing capital to the maximum. But in case of the bus, an innumerable number of users are pitted against a limited number of seats, causing unavoidable friction. According to latest statistics, Mumbai public transport carries about 5.5 million people per day.
Mumbaikars today have become rather indifferent to the pitiable quality of local buses, their low frequency and poor maintenance. They are habituated to the unending traffic jams; to the indescribably large crowd packed inside. They are unconcerned about how painful and exhausting it can be to travel back and forth in a suffocating human mess.

What matters to them most is that the bus can carry them over long distances for only das rupiyaa. Ten Rupees.



At first, I found it really difficult to digest the hustle- bustle of the metropolitan city. But the interactions I had largely helped define perceptions of my own looking- glass self. This concept was very well explained by Sociology Professor Geoff Harkness as: “Our identity is based on what we think of ourselves and what we think of what others think of ourselves.” This socio- psychological concept of how one perceives oneself has largely to do with his/her level of integration with a society. In my case, Mumbai initially made me conclude that I was naïve and inexperienced; that I was an alien trying hard to fit in an entirely different culture (which ironically, was my own).

Propounding on the concept of identity definition, it is fascinating to note that one’s identity continuously keeps changing, with respect to society, people etc. “ Not the whole of our identity,” said Professor Harkness, “but certainly, a part of it.” In other words, there is always an element of our identity that chameleons other people’s attitudes and behaviors. Every new experience adds to our knowledge base, influencing our identity inconspicuously.

Sunday, March 6, 2011

Cultural Consumption and Economic Capital






Conspicuous consumption is a term coined by the American economist and sociologist Thorstein Veblen which basically refers to the upper class and how they like to show off how much money they have and consume luxurious goods like cars and yachts.


Below is a photograph of the singer P.Diddy in his Rolls-Royce - and it does not take a person with a vast knowledge on cars to know what a Rolls-Royce is.




The irony of the situation is that P.Diddy is in the singing business, and he definitely does not sing in the Opera. He is associated with popular culture, also known as “low-brow culture”. Because he makes so much money, he is able to spend it on things such as luxury cars and expensive suits and he is able to enjoy conspicuous leisure- like driving around in his car and partying all night long. He is therefore a cultural omnivore and often does something called code-switching. This is where a person is capable of negotiating with multiple cultural worlds.


Another example of this is the rapper Jay-Z. Not only is he a rapper but also a singer and a CEO. He is also culturally omnivorous and is able to switch between different cultural worlds such as rapping vs. negotiating business deals.


P.Diddy’s children will be influenced by their father’s status as a singer and by his high income. So they will inherit his cultural capital and be able to some day, possibly, turn that into more economic capital. This is because they are constantly being influenced by their surroundings, which is now part of the upper-class thanks to their father’s highly successful career. And they are being molded into cultured individuals from such a young age. This will give them an advantage over other people when looking for job opportunities or potentially starting their own business because of the fact that they have been exposed to different types of culture and have been taught things that other children of lesser classes might not have been taught.


However, this is not always true because if someone wanted to go into, for example, the computer business, they would not necessarily need cultural capital. They would need the technical abilities and expertise to work in that field. So, there are exceptions to every rule but one can see that cultural capital can be converted into economic capital in most cases.