Monday, November 8, 2010

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The story of a return of history: The collapse of Matthew Larner








Collapses Mathieu Larner is a short and very dense book that shows us the great figures - by the hierarchy and the responsibilities - of the financial crisis of autumn 2008. This is an extraction of moments during which the narrative describes a CEO of hedge fund in his office, a Chancellor in his car, a bank manager interviewed by national parliamentarians, a chief of a speech to announce measures voluminous, more. The proper name of any of these people is given, although we recognize very well each other, wrapped in very long sentences of the book, which run several pages and deploy a large tree embedded clauses, of parentheses and digressions, by which the concentration and complexity of reality of those moments we are given, shared attention to the details of the scene, called the situation thoughts, ideas and associations which are those memories, so these figures and exposure Sudden Impact on the world in which these moments fall, befall, and do event.


The long sentences of the book, driven by the great beauty and force of language that carries them and leads them to an end, also have a value of unity and each form as a body, they expose moments of a world event in unfolding the heterogeneous elements involved in their simultaneity and in solidarity with each other that they had before the collapse. This restitution of the value of simultaneity, if not fully evidence of mental and less discursive, delivers the feeling of speed and magnitude of the collapse that took place with the financial crisis of autumn 2008, amid which the figures are like puppets swept by a storm which cons they can not. The text of the chapters, and chapters assembled, is like a casting and continuous tense, similar to that in capital market flows and the mythology of the practices of capitalism from the neo-liberal economic school in Chicago (and certainly the relevance of this bias to write these formal events, bias in marking the same time - through training and the excitement it produces - a gap and making up with the address and vivacity of style), and what to say when exactly this system of methods, and representations of the world beliefs fall, where something collapses in him except himself, at least unquestionable faith in his omnipotence and virtue, the unconditional adherence to them, when he became a building at in which a structure collapses - we can have confidence in him, that is to say, since the currency market until the foundation of the system - no one knew then, and it's panic that this ignorance, which in this building will collapse with the collapse of this structure trust is in the metaphysics of the market.


The story of Matthew Larner spreads panic when a foundation of the system decreases, while the players in the system from end to engage with him and shaped by it, do not know even if the system itself and completely collapses, and with them, if everything is over for them or at least what they were previously, or if something will be saved anyway, and if this will be little or much. It is this critical moment and panic in its news value, present, flash, qu'exposent Failures in these moments where chained hits the back of the real (that is to say also that of the real economy) while faulting, implosions and panic have not yet been covered by the minimization of the seriousness, the rise of prices or by lower back. Therefore, it is in the alterations, changes and inflections of speech that the book of Matthew Larner will look for clues deepest of the event value of this financial crisis. For what would have come back on stage in fall 2008, the History in speech and in the minds of those who were convinced that it no longer belonged to the past, and the metaphysical consequences, political and moral one could definitely draw gave reason to a financial and economic system that it was finally, definitely, fully, legitimized - and then basically had to recant. Here is the collapse that we deliver Collapses .



It would be a shame not even here to access text. Rather than quote excerpts, here's a video of a reading by the author of several chapters of the book, recorded in summer 2010 on the occasion of Writers seaside , in La Baule :




[Matthew Larner, Collapses , Actes Sud, March 2010]



ⓒ Poiraudeau Anthony - 2010

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