Depression and Depression

"The Thinker" and other Rodin studies - Orsay Museum

One facet of our "new economic reality" (what will it be called someday - the Great Collapse?) that warrants some thinking about is the emotional/spiritual side of this kind of loss. It's been less than six months since the market took its historic plunge and the bailouts began, and most of us have been in a "wait and see" mode. But lately, I am hearing more and more about the repercussions of having the rug pulled out from under one - whether from young people who are about to graduate from college or from older ones who have seen their retirement money suddenly reduced by half.

While most of us knew at some level that houses could not just keep appreciating in value year after year without any actual improvements being involved, and that the gap in pay between those few running the company and those making it run was not just or tenable, and that we couldn't keep on buying and driving more and more without resource depletion, it was a a nice illusion for those profiting from the situation to believe in.  But now here we are in Reality.  And it is scary for those who have lost 40% of their investments, catastrophic for those losing their jobs and homes. It's a matter of security and livelihood and hope in the future, and these things go much deeper than our pocketbooks; they touch us at our core.

Awash in economic advice - Buy more! Save more! Keep your money in the stock market! Get it out of there quick! - I am interested in how to reconfigure the way we look at our lives and the lives of others in an economic system that's changed for good. And I mean that both ways - permanently and necessarily. I've found some voices that have been helpful to me in both understanding what happened and figuring out how to contribute to the "other world" we have dreamed was possible.

Some voices worth listening to:

Parker Palmer - Recently interviewed by Bill Moyers and by Krista Tippett on Speaking of Faith, Palmer offers a sobering analysis of the human failings that brought us here and of the promise of finding ourselves "in one of those interesting points of history where self-interest and idealism converge."

Sharon Astyk - If you read this blog regularly, you know I am a fan. She has been talking the talk with wisdom and an almost frightening understanding of what the future holds if we continue on the path we've been on (she's been right on a lot of the disasters most of us didnt' see coming). She's also walking the walk of raising a young family grounded in values and work that she hopes will carry them and the rest of us through.

Krista Tippett and Speaking of Faith: A new series of short interviews called "Repossessing Virtue" explores the "moral, spiritual, and practical aspects of the economic downtur" with wise folks from all over the political and religious spectrum including urban activist Marjora Carter, physican and activist David Hilfiker, economics professor Ayman Amer, Buddhist teacher Sharon Salzburg, and others.

Bill Moyers - In addition to his recent interview with Parker Palmer mentioned above, Moyers has been on top of the economic crisis from the beginning with thoughtful interviews with economists of every political stripe.

Our neighbors - I learn a lot listening to the fears and hopes of folks in my own neighborhood - the old, the young, the experienced, the newly educated, the hopeful, the fearful, the homeless, the political, those who had money, those who never benefited from the system. They are our community and they  offer us reality, a mirror in which to examine our own belief systems and plans, and real support during times of difficulty. If you don't know your neighbors, now's a good time.

Like the person who is experiencing personal depression who seeks relief through self-reflection, help from others, and the hard work of putting back together a personal world that's fallen apart, I believe we can, during economic depression, find new ground to stand on together. I'm grateful for these harsh and hopeful voices offering us a new and more real understanding of who we are and what the possibilities may be.

Comments

[becky]

kelli, of the nine neighbors i know, 4 of these homes have lost the income of the main breadwinner. everyone has lost money in other ways. and many in our neighborhood bought homes when the market was ridiculously high so their homes are worth far less now. "great collapse" seems like a fitting term for this series of events.
i too heard parker palmer on the bill moyers show. it was a wonderful interview of the possibilities moving forward.
as always, thank you for sharing.

[becky]

thank you for your post on Speaking of Faith with Krista Tippett. i have downloaded many of the interviews and enjoyed all of them. listening to them these last couple days, i'm struck by the numbers of guests who turn the "collapse" into a positive...namely the "opportunity" it offers us to examine what we truly need, what are the possibilities, how do we want to shape the future, what will keep going forward, what matters. i particularly liked the interviews with parker palmer, shane claiborne, katie ford and rachel naomi remen.