In this post I offer a summary of Tanner’s fourth Gifford lecture, followed by a brief critique of her characterisation of the present moment in Christianity. Two of my New College colleagues, Jo Schonewolf and Amy Plender, will also offer responses to the material, then it’s over to you for questions and commentary. The lecture video is also now available at this link.
In this fourth lecture, Kathryn Tanner will describe the way that finance capitalism disciplines workers, managers, and traders in such a way that they become totally absorbed in the present moment. This discipline occurs through a number of means, including the conditions of scarcity imposed by market fluctuation, but its effects differ in proportion to the resources and liquidity one has at one’s disposal. In either case, the market, through corporations, reduces life to a sequence of ‘bare’ presents, isolated from past and future. Tanner will then argue that this view of the present is in diametric opposition to that offered by Christianity, in which the present moment is urgent because of its opportunity for gracious encounter with God. Tanner will then claim that divine, eternal constancy can become one’s orienting point in the midst of continuing market volatility. Continue reading →
What follows is a summary paraphrase of Kathryn Tanner’s second Gifford lecture (see also the night’s live twitter feed at #GiffordsEd). It is necessarily brief, lacking many of the vivid examples Tanner uses, but I hope it will provide a refresher for those who attended the lecture as well as a preview (of the video that is, as of Thursday morning, available here) for those who could not be with us. Whichever group you find yourself in, I invite your comments and questions in the field below.
Kathryn Tanner outlines the way in which finance-dominated capitalism structures our sense of time. She details how the past comes to constrict both present and future, as exemplified in the psychological and social effects of debt. Whether in the form of student loans or mortgages, a thirty-year commitment to debt-service does not factor in future uncertainties in the job market, creating a pressured combination of unyielding demand and instability.
Tanner then shows the disturbing effects of a ‘core-periphery’ organisation of labour. Here, the corporation’s more profitable ‘core’ (the design & marketing team, deal-makers) is retained as company employees while the so-called inessential services (data entry, janitorial and maintenance) are outsourced or made the responsibility of subcontractors. Under the target of maximising shareholder value, ‘profits are forced ever lower as one proceeds down the nested chain of suppliers.’ Continue reading →