Search Results for: Financial Times

The First Book

Sarah Menkedick | Longreads | July 2019 | 38 minutes (10,294 words)

For me the low point came two months after publication, at a playground a few blocks from my house. I sobbed on the phone with my sister, eking out incomprehensible sentences about my career this, my life expectations that, writing this, the publishing industry that, until finally my sister said, “Maybe you should look for a different job?” and I realized the jig was up — I was doomed to keep doing this ridiculous and often seemingly pointless thing.

A few weeks before this, I’d received my first letters from readers telling me how much they’d loved and needed the book, and I’d had another sister-to-sister phone call — just as wrought with emotion — in which I raved about all the deeper meaning and purpose of this milestone and how it wasn’t about the sales and the metrics but about what mattered blah blah blah. I ping-ponged like this for awhile, alternately aglow and despondent, hopeful and wretched, until finally I just started writing again and got on with it.

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A Rich Awakening

iStock / Getty Images Plus

Soraya Roberts | Longreads | April 2019 | 9 minutes (2,392 words)

We all the know the stats, that by 2030 the richest 1 percent could be hoarding two-thirds of the world’s wealth. Tax the rich! Redistribute to the poor! It’s the kind of thing you hear lately set to some lame music in a weirdly cut NowThis News video of Alexandria Ocasio-Cortez or Rutger Bregman. (It’s always some scrappy progressive, not some bloated billionaire because, I don’t know, *yawns, eats some cake.*) Perhaps the rich will be moved by the fact that income equality is not only bad for the collective mental health, but their own? No? That the 10 percent’s multiplying accessories — private jets and yachts and enormous holiday homes — hogs nearly half the world’s emissions, killing the earth we all share? No? Nothing? What’s that you say, infrastructure investment started plummeting just as inequality began rising? But all the philanthropy! Which, sure, America’s largest donors may give a little more than before, but they also make way more than they used to. And as Jacobin magazine recently noted, “those nations — mostly in Scandinavia — that have the highest levels of equality and social well-being have the tiniest philanthropic sectors.” When you have equality, you don’t need long Greek words.

To recognize this, as a rich person, you need to have a sort of reverse double consciousness. “Double consciousness” originates with W. E. B. Du Bois, one of the founders of the NAACP, who coined it in 1897 as one way to describe the experience of  being an African American in a white supremacist world. In The Atlantic Monthly he defined it as, “…this sense of always looking at one’s self through the eyes of others….” The concept is based on being oppressed. What I’m talking about is an inverted version based on being the oppressor. It is the recognition that not only do you have outsized means, but that they come at the expense of others. It requires not only self awareness, but other awareness, and it’s a prerequisite for change.

Roy Disney’s granddaughter, Abigail, for instance, has given $70 million away over the past four decades, which is more than she ever inherited. “The problem is that there’s a systematic favoring of people who have accumulated an enormous amount of wealth,” she tweeted after a viral appearance on CNBC last month in which she said CEOs were overpaid. “The U.S. must make structural changes by taxing the wealthy.” To say that, she had to have had some kind of awakening — but what was it? In her case it was a sudden burst of extraordinary wealth and its human toll — not on others, but on the wealthy themselves. In 1984, when the heiress was in college, Michael Eisner became the chairman and CEO of Disney and launched its stocks into the stratosphere. Abigail’s father embraced the excess income — the too-big private jet, the too-much drinking — and no one questioned him, not even about his alcoholism. “That’s when I feel that my dad really lost his way in life. And that’s why I feel hyperconscious about what wealth does to people,” she recently told The Cut. “I lived in one family as a child, and then I didn’t even recognize the family as I got older.” Read more…

Insomnia: To Pursue Sleep So Hard You Become Invigorated By the Chase

Telling time at night using a nocturnal, 1539. Hulton Archive / Getty

Marina Benjamin | an excerpt adapted from Insomnia | Catapult | November 2018
| 8 minutes (2,134 words)

Sometimes the rattle of a clapper sounds over your bed. Or a ghostly draft lifts the hairs on the back of your neck, cooling your skin; or there’s an upstroke, feather light, along the inside of your forearm. A sudden lurch, maybe just a blink, then a sense of falling upward and it is there. So are you.

If we insist on defining something in terms of what it annuls then how can we grasp the essence of what is lost when it shows itself? And how can we tell if there is anything to be gained by its presence? This is the trouble with insomnia.

When I am up at night the world takes on a different hue. It is quieter and closer and there are textures of the dark I have begun paying attention to. I register the thickening, sense-dulling darkness that hangs velvety as a pall over deep night, and the green-black tincture you get when moisture charges the atmosphere with static. Then there is the gently shifting penumbra that heralds dawn and feels less like the suggestion of light than a fuzziness around the edges of your perception, as if an optician had clamped a diffusing lens over your eyes then quizzed you about the blurred shapes that dance at the peripheries of your vision. In sleeplessness I have come to understand that there is a taxonomy of darkness to uncover, and with it, a nocturnal literacy we can acquire. Read more…

We Need to Talk About Uber: A Timeline of the Company’s Growing List of Problems

Uber CEO Travis Kalanick (Photo by Wang K'aichicn/VCG/VCG via Getty Images)

In a piece for the Financial Times titled “Fire Travis Kalanick,” Kadhim Shubber wrote of the founder of Uber: “One day we will look back at what will hopefully be the smouldering wreckage of Kalanick’s career and ask how a person so lacking in basic human and corporate ethics was allowed to run a company for so long.”

Founded in 2009, Uber was able to portray itself as an underdog “disruptor” into 2012, galvanizing support to beat back city lawmakers in Boston and Washington, D.C. who sought to impose regulations.

But then their practice of surge pricing during crises came under fire when ride prices doubled in New York City after Hurricane Sandy devastated the metropolis in 2012. When surge pricing reached nearly eight times the fare during a snowstorm in 2013, riders got angry.

At first, few reporters took to criticizing the company. When they did, Uber’s public relations machine responded by trashing those reporters in other outlets. When reports of assaults and misconduct by Uber drivers started to roll in, the company responded by claiming they were not responsible for the incidents because the drivers are “independent contractors.”

And since 2013, the missteps and scandals have only continued to pile up. Here is a not comprehensive timeline of all of the trouble Uber has gotten into to date:

January 2014: Pando reported that an Uber driver suspended after assaulting a passenger in San Francisco had a criminal record, including a felony conviction involving prison time. Uber has no explanation for why the driver cleared the background checks that California mandated they run. That same month, outlets nationwide report on the company getting hit with its first wrongful death suit stemming from a driver killing a 6-year-old girl in a San Francisco crash on New Year’s Eve. That driver also had a criminal record that included a conviction for reckless driving. Read more…

The Lost Art of Getting Lost

Rope bridge, Ladakh, 1981

I have two pieces of major travel cred, neither particularly deserved. One is that I’ve been to all seven continents—in a turn of events I still don’t believe actually happened, a client sent me to Antarctica—and the other is that after traveling by train and hitchhiking, I walked over the Himalayas from Leh, in Ladakh, to Manali, in Himachal Pradesh. When people ask me how I came to make that trip, my answer is absurdly naive. I could not, at the time, cross the Khyber Pass as I had wanted, so I did this instead. My motivation was based in complete idiocy; I was very young, and lucky me, I lived to tell the tale.

This was in 1982, and because it was pre-internet, I had no idea I was part of the wandering population exploring what had been called the Hippie Trail: the overland route traveled by free spirits in the 60s and 70s that “wound through Europe via Yugoslavia and Greece (with a possible island side-trip) to Istanbul…a typical path went to Ankara, then through Iran to Tehran, to Kabul in Afghanistan, through the Khyber Pass to Peshawar and Lahore in Pakistan, and then on to Kashmir, Delhi and Goa in India.”

Today, you can fall into a k-hole of photos from that era—I have a wooden box full of them myself—buses and trains full of backpackers armed with little more than a guide book and a few choice phrases. One could met a handful of Westerners, hang out for a few days, trade information, and go along your way.

My current nostalgia is not for the travels themselves, but for a time when this kind of travel was possible, when one could imagine the porousness of borders, disappearing and reappearing weeks later in a post office phone booth in New Delhi or Cairo trying to call home to let your family know you were fine, and also, still alive.

My absurd travel résumé is why I always have time for the similar sentiments from other voices of this rootless era, and to understand their grief for its loss. Every era is a golden age of travel to those traveling in it. In the Financial Times, Charlie English delivers a eulogy for a geographic freedom that is now in short supply.

Everything was fine, of course: as foreign correspondents say, it always is until something happens. Without exception, the people I met were glad to see me, since I represented the outside world, which, Timbuktiens felt, had forgotten them. The famous little caravan town has always loved visitors, and until recently they were a considerable source of income. The highlight of the tourist season in the 2000s was the Festival in the Desert, a showcase of Malian and international music organised by Manny Ansar. Eight or nine hundred foreigners would come, Ansar told me, and spend money all over town: “They paid for travel, they paid in the restaurants, they paid for souvenirs, they rented camels, tents.” But the violence in the desert put a stop to that, and by the time of my visit Timbuktu was filled with unemployed tour guides, empty hotels, and its famous manuscript libraries were shut.

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On Becoming a Woman Who Knows Too Much

National Security Adviser Condoleezza Rice waits for remarks by President Bush after he attended a military briefing at the Pentagon Monday, May 10, 2004. (AP Photo/Gerald Herbert)

Hawa Allan | “Becoming Meta,” from Double Bind: Women on Ambition | April 2017 | 18 minutes (4,661 words)

For many women, the idea of ambition is complicated. Too often when we’re are described as ambitious, it’s hard to tell whether it’s a compliment or a criticism. Often, it’s an all-out accusation. For the essay collection Double Bind, editor Robin Romm tasked 24 women writers with considering their own relationships to ambition. Hawa Allan‘s essay “Becoming Meta” is a meditation on the mantra of I’ll show you that drove her to achieve—first as the only black student in her elementary school’s gifted and talented program, then as a law student, and finally as a law firm associate, hungry for the validation of the “rainmaker” partners whose ranks held no one that looked like her.

***

A noun is the proper denotation for a thing. I can say that I have things: for instance that I have a table, a house, a book, a car. The proper denotation for an activity, a process, is a verb: for instance I am, I love, I desire, I hate, etc. Yet ever more frequently an activity is expressed in terms of having; that is, a noun is used instead of a verb. But to express an activity by to have in connection with a noun is an erroneous use of language, because processes and activities cannot be possessed; they can only be experienced. —Erich Fromm, To Have or to Be?

I have been to a few Madonna concerts in my day, so I may or may not have been straining to get a view around the pillar planted in front of my discount seat when I beheld the superstar kick up into a forearm stand in the middle of the stage. For non-initiates, a “forearm stand” is a yoga pose wherein you balance your entire body on your forearms—lain parallel to one another on the ground, and perpendicular to your upper arms, torso, and legs, all of which are inverted skyward. Imagine turning your body into an “L.” And then imagine Madonna doing the same, except spotlighted before thousands of gaping fans in a large arena.

I hadn’t done any yoga at that point, so the irony of Madonna flaunting her ability in a discipline meant to induce inner awareness was totally lost on me. I just thought it was cool. Precisely, I interpreted Madonna’s forearm stand as a demonstration of power—power that was quiet yet fierce. An expression of power that I immediately decided I wanted to embody. So, not too long thereafter, I went ahead and enrolled in a series of free, introductory lessons at yoga studios across Manhattan and Brooklyn. My modus operandi: take advantage of the introductory classes and skip to another studio (once I no longer had a discounted pass). I was doing this, I told myself at the time, to test out different teachers—to find “the right fit.” In hindsight, I can see that this was just an excuse for being itinerant and cheap.

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Longreads Best of 2016: Arts & Culture Writing

We asked a few writers and editors to choose some of their favorite stories of the year in various categories. Here, the best in arts and culture writing.

* * *

Tobias Carroll
Freelance writer, managing editor of Vol.1 Brooklyn, and author of the books Reel and Transitory.

Michael Jackson: Dangerous (Jeff Weiss, Pitchfork)

Earlier this year, Pitchfork began publishing Sunday reviews that explore albums released in the time before said site debuted. This, in turn, has led to a whole lot of smart writers weighing in on the classics, the cult classics, the interesting failures, and the historically significant. Jeff Weiss’s epic take on “Jackson’s final classic album and the best full-length of the New Jack Swing era” is the sort of narrative music writing that’s catnip for me, the kind of work that sends me deeply into my own memories, and leaves me rethinking my own take on the album in question. Read more…

STAT: My Daughter’s MS Diagnosis and the Question My Doctors Couldn’t Answer

"Nearly 24 years later and still just that crazy about my kid." Photos courtesy of the author.

Maria Bustillos | Longreads | September 2016 | 40 minutes (10,049 words)

 

I.

In the first days of 2014, in her senior year at Oberlin and just a few days before the winter term she’d arranged to spend in France, my daughter Carmen’s legs went numb. First her feet got all tingly, then her ankles, calves, and knees. Over three days or so, the numbness crept up to the base of her rib cage, and then stopped. But it didn’t go away—a weird sensation all in her skin, almost as if the whole lower half of her body had been anesthetized. Shingles, the internist told us—really?—okay. The acupuncturist, too, told us he’d been seeing anomalous cases of shingles cropping up in younger people. Carmen seemed to get a little better, and off she went to Paris; the tingling and numbness subsided slowly over the next several weeks, just as we’d been told they would, and the episode faded from memory. But about a year later, they came back again: Not shingles, after all.

Carmen in a hospital bed, uncharacteristically quiet and gloomy, the dark jungle of her curls against slick, plasticky polyester pillowcases. IV steroids, and more and more tests. Legs pretty numb, still. From pregnancy onward, I imagine, most parents harbor a cold little drop of inward fear, even as each day passes peaceful and undisturbed, through birth and babyhood and all the playdates and sleepovers and math tests, rock shows and summer vacations; at any moment, perhaps, from out of nowhere, comes the pounce. Here it is, then. Multiple sclerosis: I didn’t know anything about it really, beyond calamity, wheelchairs, and Annette Funicello. Instant by instant I composed my face and steeled myself as best I could for… what?

For every cliché in the world, naturally. A soul-wracked family, just like the ones you’ll see every day on the Lifetime Channel and the evening news; a brave young person, scared and in trouble; you register a fleeting hope that things will work out for them, in fact or fiction, as you flick to the next station. Now it’s your turn, but you won’t be changing the channel. Can this thing be treated? What is it? How do I discover how bad this will get? Or maybe let me just jump out this motherfucking window this minute, because I’m going to die of the panic alone.   Read more…

Muhammad Ali: Literary Muse

Earlier this year, on the occasion of the release of Approaching Ali: A Reclamation in Three Acts, Davis Miller’s second biography of Muhammad Ali, Financial Times political columnist Janan Ganesh considered the question of what made Ali such an appealing subject for so many writers. Read more…

Olive Oil Trouble

Olive-oil fraud was already common in antiquity. Galen tells of unscrupulous oil merchants who mixed high-quality olive oil with cheaper substances like lard, and Apicius provides a recipe for turning cheap Spanish oil into prized oil from Istria using minced herbs and roots. The Greeks and the Romans used olive oil as food, soap, lotion, fuel for lamps and furnaces, a base for perfumes, and a cure for heart ailments, stomach aches, hair loss, and excessive perspiration. They also considered it a sacred substance; cult statues, like the effigy of Zeus at Olympia, were rubbed regularly with oil. People who bathed or exercised in Greek gymnasiums anointed their bodies as well, using oils that were scented with pressed flowers and roots. Some scholars link the central place of olive oil in Greek sports, which were performed in the nude, with the rise of bronze statuary in the sixth century B.C. “A tanned athlete, shining in the summer sun, covered with oil, would really resemble a statue of the gods,” Nigel Kennell, a specialist in ancient history at the American School of Classical Studies at Athens, said. Belief in the sacred, health-giving properties of olive oil continued in Judaism, Christianity, and Islam. “Christ” is from the Greek christos, meaning “the anointed one”—anointed with olive oil.

—From “Slippery Business,” Tom Mueller’s 2007 story for the New Yorker about olive oil fraud. The recent spike in olive oil prices due to a disease in Italy nicknamed “olive ebola” and drought in Spain could spur more fraud: “When prices are high and supplies reduced, there is more incentive for fraud and for criminals to get involved,” a lawyer who specializes in food told the Financial Times last month.

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