Dec
4
Thoughts on the Old World, from Bruno Ombreux
December 4, 2011 |
I have noticed that Europe has an additional dimension compared to the States.
When you travel the USA, all you see is a 3-dimensionnal landscape. In the Old World, there is a fourth dimension that is the history behind the landscape.
In Europe, when you look at a street, a village or a hill, you do not see only a street, a village or a hill. You see 2000 years of history for this street, this village or this hill. There is always a little ruin nearby.
How can I say this? There is extra depth in the Old World. It makes everything more full and life richer.
Same thing when you are marrying true blue blood. You are not marrying merely one guy or one girl. You are marrying history, a line going back centuries. You are becoming part of that line. I am talking true blue blood. Not recent ones like the fake nobles made by Napoleon and the likes.
Maybe the best way to explain it to American people, is to explain it to the ones who are independently wealthy. So if you are wealthy, have you ever tried explaining to poorer people what it felt like to have enough money not to worry about the future? Did they understand you? Or did they just looked at you as if you were a freak? Same problem with explaining the Old World additional dimension.
Stefan Jovanovich responds:
Dear Bruno,
1. The "Old World" of Europe is not nearly as ancient as the travel brochures like to pretend. The governments of all but the most recently admitted states in the American Federal Union have longer established histories (and older unchanged borders) than any of the nation-states in Europe.
2. The "ruins" in America are there and some of them are almost as old as the catacombs; but they are not on display because what Americans have always sold Europeans is the idea of the United States as this wild, unsettled country. You can find railway posters of the Union Pacific advertising the untamed country of Yosemite to potential German and English tourists when the Ahwahnee was offering 10-course meals. Europeans have always come to the U.S. to see the "new"; that is why they still like California - it always photographs like something just unwrapped for Christmas (the best time to take the picture because the smog is being blown away from the coasts) even though it now has an industrial history as old as the English Midlands was in the 1950s.
3. There is a great deal of blue blood here, but it has one fatal defect - there are no titles to identify the "line going back centuries". There had better not be; it is against our Constitution and, if you are going to claim ancestral superiority based on Plymouth Rock and Valley Forge, you can't at the same time be spending all your time bragging about being descended from European nobility. Those claims of ancient European lineage are the very ones being made by the people whose genealogy is - shall we say - questionable. That was just as true in the 19th century as it is now. The Astors and others who were eager to acquire British class did not have family histories that could trace back to the American Revolution, let alone the founding of the Massachusetts Bay Colony and New Amsterdam. Since there were enough people around like the Roosevelts, they had no choice but to go looking for an Anglo or Franco merger.
4. I can't speak for "poorer people" in the rest of the world, but I can assure Bruno that Americans have no difficulty imagining what it felt like to have enough money not to worry about the future. The turning point in John Kennedy's campaign for the Presidential nomination came in West Virginia. A coal miner asked Kennedy if he had ever had to work for a living. Instead of offering the standard nonsense (Daniel Patrick Moynihan's "I grew up in a poor family", John Edwards' "my Dad was a mill worker" (his father ran the factory), Warren Buffett's "I had a paper route", etc.), Kennedy had the balls to say "No, I never have." The miner's reply was "Good for you." That brought down the house and ended Hubert Humphrey's ridiculous attempt to portray himself as a man of the people.
Most of foreigners' difficulty in understanding America comes from another long-established fact about the United States: the recently-arrived (usually the scholarship children of the immigrants) do almost all the public talking about the country. The oldest tradition in America is to have the A-students lecture the rest of us and tell the world at large about how we are not living up to the traditions of the Republic. (Benjamin Franklin was doing it - and worrying about the Pennsylvania Dutch, er Deutsch when the Penn family was keeping quiet and making certain their land title was secure and paying Franklin to fix it.)
It takes at least one or two more generations for the newly-arrived Americans to discover what Richard Jennings, California blue-blood member of E Clampus Vitas and author of the revised California Corporations Code, once said to our law school class at Berkeley: "Remember someone in this University is going to drop out of school or leave with a "C" average and end up making more money than the rest of us combined." What he did not add was that, while that person might be the child of recent immigrants (see Steve Jobs), the odds were much greater that he would come from a family like that of Mr. Buffett's bridge partner - one old enough that the possibility that great great grandmother may have been one of the "seamstresses" who set up shop above the water table in Seattle can be safely ignored. What I would have added is that it is far more than an even money bet that the same family will be "progressive" enough to be in favor of raising the estate tax. Preventing the newly-arrived from doing what grandfather did to escape the ravages of the tax code is perhaps the most well-established of all the traditions of the better classes of 4-dimensional Americans.
Have a wonderful holiday.
Stefan
Comments
1 Comment so far
Archives
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- Older Archives
Resources & Links
- The Letters Prize
- Pre-2007 Victor Niederhoffer Posts
- Vic’s NYC Junto
- Reading List
- Programming in 60 Seconds
- The Objectivist Center
- Foundation for Economic Education
- Tigerchess
- Dick Sears' G.T. Index
- Pre-2007 Daily Speculations
- Laurel & Vics' Worldly Investor Articles
Dear Bruno,
Indeed, in Europe, this temporal dimension appears everywhere.
Before building something new that will emerge in a city like Carcassonne, it will be necessary to be constant, persevering, very convinced and very convincing with the services of the historic monuments.
Conversely, other cities have the opposite view, such as Thessaloniki: the new emerges from all sides between the ruins, which must almost be pushed.
These two cities are nevertheless both… in Europe. Amazingly, Prigogine was also interested in these temporal confrontations…
Tschüß.