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Tag: financial crisis

Agamben Symposium: Joshua Dubler

Six months or so after Lehman Brothers disappeared, and two weeks after the Dow Jones hit a twelve-year low, the creators of South Park ran an episode called Margaritaville, the primary storyline of which recounted the failed attempt by one of the boys to return the eponymous blender that his idiot, moralizing father had bought. In a gleefully sloppy primer on the financial crisis, Stan follows the increasingly inscrutable chain of capital from the profligate consumers, to shady third-party financiers, to the securities bundlers of Wall Street, and ultimately, to the public sector ex post facto debt assumers. At the heart of financial darkness, Stan’s odyssey takes him to the Treasury Department where a tribunal of economists determines the value of his margarita maker to be ninety trillion dollars, a calculation determined, it is subsequently revealed, through a divining process involving men in powdered wigs, a kazoo, and a decapitated yet still ambulatory chicken tossed onto a wheel-of-fortune style game board labeled with a range of monetary, fiscal, political maneuvers: Socialize/ Let Fail/ Coup d’etat/ Bailout!