Showing posts with label Religion. Show all posts
Showing posts with label Religion. Show all posts
Sunday, 23 October 2011
Oh Ye Of Little Faith
As it is Sunday, for a change some attention to religion is paid, or rather the catechisms of capitalism. The unholy business outside St. Pauls Cathedral and the closing of the doors of sanctuary has excited a lot of attention.
According to Mathew 21:12 in the King James version “And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves”.
This suggests that those on the outside are more Jesus people given the nature of their protests than those inside. St. Paul’s costs a lot of money to keep going and it is important that people enter in large numbers and leave with less money than they had on entry.
Doves may not be on sale but a wide range of knick knacks and souvenirs are as well as some religious tracts and books. Indulgences are not available and nor are much in the way of holy relics, other than the Duke of Wellington down below. But there is a decent café with a reasonable choice of goodies, cake as opposed to communion.
The present St. Paul’s is a creation of the late 17th and early 18th centuries, the previous medieval church being lost to the flames in the Great Fire of 1666. It was a Stuart period enterprise embodying the Stuart love of expense with the inability to find the money to fund it.
Quite what it cost the economy to put it up during a period of serious economic difficulties is a question. It must certainly have diverted a lot of capital that might have been used for other purposes. Figures I have seen suggest it must have put a strain on whatever the GDP was then. Since then it has been a high maintenance item.
Its present iconic status is owed a great deal to its survival during World II and especially the striking photographs of it standing proudly whilst around it flames engulfed the ruins of much of The City. It did symbolize the idea that Britain could take it and survive.
Now it struggles to keep its dome seen between all the buildings that are going up both close and near. There is a deep irony that The City now dwarves St. Paul’s. Mammon is winning and is triumphant.
Meanwhile the Chapter of St. Paul’s produces it accounts according to the litany of modern accounting management and its annual reports speak the language of the MBA faithful and not those holding the inferior Doctorates of Divinity. The Chapter orates the familiar financial gospels with faith in the figures rather than the word.
It has yet to work out how to make its prayers and services an income stream. In earlier times this was not difficult because they provided leverage for the faithful to put their trust in eternity. Today in The City the overriding need is create credits to enable an eternally rising money flow.
This is not the cause of the closure of its doors. Nor is it the doubts or heresies of the Clergy, the Metropolitan Police, nor the Health and Safety people, although all are castigated as the sinners.
The ones who are responsible are the mysterious anchorites of the security services who from their walled up cells have uttered prophesies that the faithful must give heed to.
It is that St. Paul’s is a soft target and if you allow a large mob composed of fervent sects of other faiths, secular or religious, to camp out at an open entrance then within them will be not just the creatures of Satan but of other trouble makers from around the world. This time the bombers are on the ground and not up in the air.
And it might not just be the incense burning that you could smell.
Sunday, 18 April 2010
Times That Try Men's Souls

I was mailed this story by a member of the family on Sunday, which figures. From Yahoo News it is entitled “Did you sell your soul for games?” and asks “Answer this question honestly – do you read the small print when you buy games on the internet?
High Street retailing giant GameStation decided to put this to the test and inserted a new clause into their terms and conditions earlier this month that granted them legal rights to the immortal souls of thousands of their online customers. Here, in darkest legalese, is how they got away with such a heinous act:
"By placing an order via this Web site on the first day of the fourth month of the year 2010 Anno Domini, you agree to grant Us a non transferable option to claim, for now and for ever more, your immortal soul. Should We wish to exercise this option, you agree to surrender your immortal soul, and any claim you may have on it, within 5 (five) working days of receiving written notification from gamestation.co.uk or one of its duly authorised minions."
GameStation’s fiendish clause specified that they might serve such notice in “six foot-high letters of fire” too, but also offered customers an option to opt out, rewarding them with a £5 money-off voucher if they did so. Alas, hardly anyone noticed the clause, let alone the substantial bonus for spotting the gag. More to the point, the fact that it passed more or less unnoticed raises an important issue – too few people actually read the small print when they make online purchases.
According to GameStation, around 7,500 customers carelessly signed their souls away on the day. Were you one of them...?”
Well, it’s a good story, but but me no buts, as they say. I ask, does buying in souls for a hypothetical return really give added value to the marketing? Moreover, is it of any real benefit to return on capital employed and shareholder return? Also, I have not seen any real market developing in either packaging soul mortgages, credit soul default swaps, or that they help with securitisation of income streams or enhanced asset value.
The market leaders in soul transference have not shown any real interest in these features. It may be that they have missed opportunities for turnover and incremental additions to revenues but given the scope they have in market penetration and share it is unlikely.
I think the best thing Game Station can do is unload them on Ebay as ephemera that might have a future value if the market picks up.
Well, it’s a good story, but but me no buts, as they say. I ask, does buying in souls for a hypothetical return really give added value to the marketing? Moreover, is it of any real benefit to return on capital employed and shareholder return? Also, I have not seen any real market developing in either packaging soul mortgages, credit soul default swaps, or that they help with securitisation of income streams or enhanced asset value.
The market leaders in soul transference have not shown any real interest in these features. It may be that they have missed opportunities for turnover and incremental additions to revenues but given the scope they have in market penetration and share it is unlikely.
I think the best thing Game Station can do is unload them on Ebay as ephemera that might have a future value if the market picks up.
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