Monday Night Links
* The kids are all right: Last Friday night, the Harvard College Undergraduate Council announced that the student body had voted 72% in favor of Harvard University divesting its $30.7 billion endowment from fossil fuels.
The trope of invasion is doubly brilliant, first because the invasion plot is a mainstay of SF and second because the trope captures quite neatly what it must feel like for some literary intellectuals to be forced to confront the increasing cultural cachet of SF, to face its meteoric rise over the last thirty years from lowbrow genre to literary respectability. The genre now comfortably occupies university syllabi, best-of lists, and handsome Library of America editions — though some hardened highbrows might suspect its popularity is more a function of marketing than of quality.
For all its brilliance, Clowes’s trope of invasion makes an important mistake, failing to note that the invasion is largely moving in the other direction. After all, one wouldn’t expect Asimov’s Science Fiction to run a special issue featuring “literary fiction,” but publications like the New Yorker apparently do feel the need for a science fiction issue, perhaps trying to freshen themselves up by tapping into the unruly energies of a disreputable genre. Indeed, the lure of the so-called low genres — and SF in particular — has long proven irresistible to those who otherwise fashion themselves as literary types, at least since Kingsley Amis’s classic 1960 study of the genre, New Maps of Hell.
Clowes’s New Yorker cover is, in fact, a perfect example in miniature of the subgenre Amis called the “comic inferno” — humorous dystopias such as those written by Frederick Pohl, C.M. Kornbluth, and Robert Sheckley. This subgenre, by Amis’s account, mocks ideas of progress in its humorous rendition of dystopian futures. What is dystopian about Clowes’s comic cover is very precisely that SF cannot be ignored, that it disrupts the bourgeois regularity and comfort that informs the imagination of hypothetical readers of The New Yorker. The genre — which always bears with it the threatening knowledge that the world might change inexorably, beyond human control, or at least beyond the control of those who are humanistically inclined — cannot be ignored, because the signs of our world’s deepening state of crisis (political, technological, environmental) cannot be ignored.
* Bonus: “Anthony Burgess Answers Two Questions” by Jonathan Lethem.
* Not only are student loans not a burden on the federal government, they’re a good investment. In 2012 the DOW estimated its subsidy for student lending at -17 percent. In other words, the DOE “subsidies” actually represent money coming in. Including all expenses, from loses on defaults to debt collection to program administration, the DOE will pull in more than $25 billion in profit from student lending this year alone—billions more dollars than the IRS will assess in gift and estate taxes combined, and more than enough to pay NASA’s whole budget. The DOE explains the negative subsidy through a divergence between “the Government’s borrowing rate and the interest rate at which borrowers repay their loans.” After all, no one can borrow at lower rate than the U.S. Treasury, certainly not college students and their families. Bondholders aren’t the only ones who think student debtors—including defaulters—will pay back every cent they owe, with interest. The government is literally counting on it.
* The headline reads, “Charges dropped against man arrested for wearing an elaborate wristwatch.”
This is not identical to the story with the American Airlines bankruptcy, but there’s something similar about it. There the CEO gets a large payday if he can avoid a merger, regardless of the value for the enterprise.
* The handwriting is on the wall. Until Republican candidates figure out how to perform better among non-white voters, especially Hispanics and Asians, Republican presidential contenders will have an extraordinarily difficult time winning presidential elections from this point forward.
* My name is R______. I am six years old. I think it’s not fair to only have 5 girls in Guess Who and 19 boys. It is not only boys who are important, girls are important too. If grown ups get into thinking that girls are not important they won’t give little girls much care.
* Remixed trailer of the moment: Gotham High.
* And a new game: impressions of Sean Connery as Gandalf. Oh, what might have been!