
We all know the English fairytale Jack and the Beanstalk.
Razvan Botis is making the necessary connection between the
western fairytale and the foundations of the alimentary/financial
model of the modern fairytale. It is the presumption
of entering a different world with the help of magic beans;
and these beans that are in fact nothing else than perfectly
polished gold nuggets. The great economic crisis of 2008 is a
daily report on the credibility of the banking system, the due
investments and the heavy loans. The banking system was adept in
dealing with magical tricks and the abracadabra of stock exchange.
All the wonders of the economical profit is a wobbly business,
a way to jump off the highest graph peaks. The words that are
recurrent in newspaper articles and economical analyses are
“meltdown” and “bubble”. Both the global balloon and the global ice,
are nothing else than frail materials, ready to crack, ready to pop
and melt in front of you. The natural magic of the free market
doesn’t last. It lasts as much as the economic mirage based on trust
and risk does. We have once again forgotten that the beanstalk and
the economic magic are based on illusionist principles. Here it is!
Now it’s gone! They are mainly helped by the “invisible hand”
(sleight of hand?!) and partially by the carefully applied golden
varnish. The proverbial gold rush is the chase for the gold beans
that facilitate the access to the magic world of the rich and powerful,
where there is plenty of everything. It’s the world of capitalistic
abundance in which a few get visible rewards and others can only peek,
and help to rub off the polished surface.
The Jack and the Beanstalk fable contains several references to profit,
theft and prosperity. Who is the giant ogre who owns the golden
egg laying hen? Possibly the bankers who suffer a cruel faith,
collapsing from the sky with a great bang! along with each economic
crash. One must be really naive to believe that once buried,
the magic beans will grow over night. It’s all based on faith,
on a sort of false belief in the reproductive quality of the precious metals. Precious metals growing above-ground, are ready to be replanted
in order to grow as climbers on the social ladder. The beanstalk that
grows steadily makes you forget all caution.
This beanstalk is modeled, just like any other ladder, on the logic
of escalating towards unfamiliar heights.
Once on the top, one feels dizzy. As an anarchic gesture, to cut
down the beanstalk as Jack did, means to pull down the steps, a
collapsing gesture which may even lock down the possibility of
returning to the ground, downwards, towards safety and justice.
Stefan Tiron