I’ll confess to a waning interest in the mercurial fluctuations of lines representing the price of stakes in publicly-traded businesses. The same for oscillations in the cost of capital for corporations, the yo-yoing of mis-measured macro aggregates, swings in borrowing costs for governments and even the ebb and flow in the figurative and literal fortunes of nations.
In short, a waning interest in figments of the human imagination, particularly to the extent they blind us and bind us, an absurd outcome considering why we created them in the first place: To facilitate cooperation in pursuit, ultimately, of a better lived experience.
We long ago lost track not only of the raison d’être for the various myths which order our existence, but also for the fact that they’re myths in the first place. Religions aren’t only real, they’re something to kill over. Nations something to die for. And money makes the world go ’round, as the trite old saying goes.
So, even if one wanted to focus only on the things “that really matter” — e.g., the alleviation of suffering among sentient beings — the discussion would everywhere, always and quickly come back to the things that don’t. We thrive or suffer, eat or starve, live or die, at the pleasure of gods, nations, corporations and money, none of which have any claim whatever on objective reality.
That’s one tragedy of our species, and it may be the death of us. As Yuval Harari put it, “As time went by, [humans’] imagined reality became ever more powerful, so that today the very survival of [our objective reality] depends on the grace of imagined entities such as the United States and Google.”
A testament to the notion that we have this backwards is the concept of human rights and, more to the point, the deference we generally pay it in word, if not always in deed. In an objective sense, there’s no such thing as human rights. Far from being a “self-evident truth,” that bit in the Declaration Of Independence about men being “endowed by their Creator with certain unalienable Rights,” is self-evidently false. Just ask one of the 400 chattel slaves at Monticello. (Or one of the 200 people Thomas Jefferson held in bondage at his other properties.)
But we came around, eventually, to the idea that perpetuating a myth about God-given rights might serve a variety of purposes. So we floated it. Lo and behold, it had a lot of utility as a mechanism for enhancing cooperation and reducing overall human suffering.
Today, people who suffer very often couch their protestations in terms of human rights. Even when we’re deaf to the individual pleas, we recognize the concept as generally valid. But it’s regularly (habitually) subjugated to a long list of other imagined realities, including and especially religion, nations and money. You have rights. Unless they’re an affront to my god, in which case — and with apologies — I may have to cut off your head or blow up your family. You have rights. Unless they’re a threat to the ethnic purity of my nation, in which case — and with apologies — I may have to send you back to the “sh-thole” you came from. Or put you in jail. Or herd you into a gas chamber. You have rights. Unless they’re somehow an impediment to my wealth-building efforts. In which case –. And so on.
Indeed, I’d argue that most of our imagined realities are now working at cross-purposes with their original, organizational intent, at least if we believe the goal of cooperating was to make everyone better off. And that must’ve been the goal. Or at least a goal. Surely. Why do any of us do anything? To better our lot in one way or another.
Harari’s overarching narrative is a tale of dominion. “Myths give Sapiens the unprecedented ability to cooperate flexibly in large numbers,” he writes.”That’s why Sapiens rule the world, whereas ants eat our leftovers and chimps are locked up in zoos and research laboratories.”
By now, though, the myths may be impeding our capacity to cooperate. Just about everything to do with money’s disputatious. Corporations still serve their intended purpose, but an ever expanding list of unanswered questions — Whose interests should corporations serve? Who’s responsible when they screw up? How should they be taxed? Regulated? Reined in? Unshackled? — is a growing source of societal discord.
And what of nations? There’s little doubt about their capacity to unite large groups of people in pursuit of common goals, but there’s internal disagreement about what those goals should be. And even in cases where nations reach domestic consensus on a set of national objectives, the pursuit of those objectives very often puts nations at odds with one another resulting, at best, in friction and at worst in wars. Neither outcome’s good for the species, the latter’s catastrophic.
As for religion — well, suffice to say there’s a strong case to be made that the cost to humanity from organized religion outweighs the gains, although it’s impossible to say for sure given the extent to which societies built originally around shared religious beliefs achieved much as a happy coincidence (i.e., as a result of the organization made possible by religion).
If Harari’s right that humanity’s dominion is the direct result of our capacity to cooperate at scale which is in turn attributable to our unique ability to share in common myths and collaborate around organizational fictions, then it’d be tragically ironic if those same myths and fictions are now detracting from our capacity to cooperate. It’d also be entirely inauspicious for the species.
Thankfully, I don’t have kids.
Simply put, Easy to understand and so very complicated to realize. Thanks.
Sir
Lately you have been reminding us of the ridiculous use of too many digits to the right (oh, yeah …) of the decimal point. In my career I limited my students to two decimals for some things and only one for everything else. Then, today you included what appeared to be a throwaway line about the wandering cost of corporate capital. I’ve never seen that comment before in any kind of analysis. I wrote my Master’s thesis in 1967 on this very topic, including a diatribe against the silliness of calculating the WACC to three or four decimal points. Such a thing cannot and does not exist. The cost of capital has its foundation in the market prices of financial instruments which change their prices every nano-second in “modern” markets. For that reason there can be no precise number ever assigned to any company’s cost of capital, none more precise than a solitary integer, at any rate. Three learned professors read my thesis and signed off on its acceptability and my MBA was awarded. Funny thing is, no one else but you, today, has ever mentioned this idea, an idea which, of course, is true while being totally ignored. Thanks, for once more capturing the right ideas. This was a wonderful post, by the way.
Humans haven’t evolve to cooperate with access to norms, stories, and tribes – at all places, at all times. Such a grand narrative must fracture.
If I can make a more optimistic comment. I believe the Hararib would acknowledge that the progress of Dominion has been achieved with many episodes of two steps forward and one step back, together with a few episodes of one step forward and four or five steps back. The backward steps are always painful to most of humanity. We are clearly in the midst of a step backwards. Most of humanity is still better off than they were 60 years ago so I think we can say we have had only one step back. We can hope it is only one.
Another wonderfully written piece. I can’t help but ponder what the next iteration of these imagined realities might look like.
The social media era (and the internet age, more generally) appears to be giving rise to something akin to a non-geographically bound idea of “nation”. Could two or more completely separate systems of governance be effectively administered to citizens living on the same piece of land?
Will the discovery (disclosure?) of some sort of non-human intelligence give us stupid earthlings a sense of commonality and finally expose religious doctrine for what it always has been?
Will the age of AI somehow change the fundamental function of labor and therefore money and how it’s deployed?
Fun ideas to noodle on, but sadly I’m sure the actual outcome will be something trite and violent. Sigh.
First, I really appreciate this piece, I also have read all of Yuval Harari’s books and I think he has nailed humans better than any other.
I’ve pondered this notion of human cooperation and dominion caveated with the destruction of that cooperation through cognitive dissonance at length. I’ve come to the conclusion that human cooperation reaches a crescendo at which point cognitive dissonance destroys all of that progress usually, in the form of bloody conflicts. Those conflicts destroy many humans and ultimately resolve in a consolidation of species, nations, and ideas. Empire is probably the best description of the crescendoing of human cooperation. And the fall of an empire the rebirth of new cooperative mechanisms and the next growth period.
Put more simply, humans have insatiable desires and the more comfortable humans become, the more they require to satiate those desires. Ultimately, when life becomes too comfortable then human desires require violence to be satiated. Cognitive dissonance and tribalism make these needs acceptable and even a bonding exercise for those in the tribe. I am not hopeful for the near term future of sapiens.