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(Guardian)   Forget atheism. The hottest new religion is the stock market   (guardian.co.uk) divider line 61
    More: Obvious, financial markets, Nick Clegg, Thomas Frank, democratic process, political editor, economic data, pullouts, container terminal  
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1859 clicks; posted to Politics » on 18 May 2010 at 10:28 AM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2010-05-18 07:01:19 AM
1980s free market orthodoxy again?

.
 
2010-05-18 07:16:56 AM
img31.imageshack.us

Unavailable for comment.
 
2010-05-18 08:31:45 AM
I don't think the stock market as a religion is particularly new
 
2010-05-18 08:35:59 AM
You did a good job of sliding that one in there, subby. Give yourself a pat on the back.
 
2010-05-18 08:40:47 AM
Gordon Gekko wants the late 80's back because greed is good.
 
2010-05-18 08:46:48 AM
I'm an agnostic. I'm not convinced there is a stock market.
 
2010-05-18 08:49:46 AM
www.whiterose.org

don't these guys remember what happened the last time they prayed to the golden calf?
 
2010-05-18 08:50:35 AM
FTA: According to the classic definition by anthropologist Clifford Geertz, a religion must be "a system of symbols" - for which read the FTSE and the pound. It has to incorporate "conceptions of a general order of existence" - in our case, the idea that markets know best. Then, Geertz says, it should give "these conceptions ... an aura of actuality that the moods and motivations seem uniquely realistic."

Mmm... nope. I'm not buying that comparison.
 
2010-05-18 09:41:38 AM
I sacrificed a goat over my last 401K statement.
 
2010-05-18 10:02:14 AM
 
2010-05-18 10:30:53 AM
What's the stock symbol for 18 year old Christian girls?
 
2010-05-18 10:33:48 AM
Hobodeluxe: don't these guys remember what happened the last time they prayed to the golden calf?

Came here for that pic, left satisfied.
 
2010-05-18 10:36:21 AM
Non-belief in something is not a religion.
 
2010-05-18 10:37:49 AM
WTF?

The god is called "Mammon" and worship isn't new.
 
2010-05-18 10:38:00 AM
Macinfarker: Non-belief in something is not a religion.

Sure it is!

/nuthin
 
2010-05-18 10:38:20 AM
"Why can't we have both?"
i224.photobucket.com
/The Reformed Atheist Capitalists or some such.
 
2010-05-18 10:40:16 AM
And her patron is St. Ronnie
 
2010-05-18 10:45:08 AM
Where is your god now?

Being hedged with derivatives.
 
2010-05-18 10:48:36 AM
Are the markets our new religion?

Well, if they are in any sense then that should be a good demonstration of what a bad idea religion is in general.
 
2010-05-18 10:49:49 AM
You know I did consider buying one of these things....

www.appliancist.com



Holy shiat I want the Tahiti model!

http://www.margaritavillecargo.com/Product.aspx?pid=1376
 
2010-05-18 10:58:49 AM
verily, it hath risen
 
2010-05-18 11:10:16 AM
www.chinapost.com.tw

lol check this out, China just built a bigger bull
 
2010-05-18 11:14:24 AM
BS. The hottest new religion is environmentalism, by far.
 
2010-05-18 11:25:33 AM
BillCo: I'm an agnostic. I'm not convinced there is a stock market.

i'm new age. i believe their is a stock market inside all of us.
 
2010-05-18 11:30:15 AM
Teach the controversy.
www.leeds.ac.uk
 
2010-05-18 11:43:30 AM
Last time I was in New York I noticed that the most heavily guarded building in the entire city appeared to be the NYSE. It gives you an indication of where the priorities lie.
 
2010-05-18 11:54:35 AM
why wouldn't it??


ever since the ronnie raygun 80's the stock owners have not had to pay their fair share of the taxes on their stocks.


course, now we're seeing the results of all those tax cuts for the wealthy.
 
2010-05-18 11:55:08 AM
No, the NYSE is something that actually exists.
 
2010-05-18 12:02:53 PM
So...now we're basically saying that any group of people who pay attention to something bigger than themselves (like markets, the environment, the human race as a whole, the universe) are a religion?

You know, I was going to just dismiss this sort of thing as stupid, but I guess that if you squint, you can kind of see it as an indicator of how religion has lost ground in society at large. Back in the late bronze age, religion was primarily along the lines of "God didn't send rain and killed our king with the plague because we didn't sacrifice a big enough goat." Now, we've apparently been reduced to "Well, if you have a set of symbols that you follow to help you understand the universe, that's God to you, so the stock market is a religion in a way...." (Of course, there's a lot of intermediate steps in between the two, pretty much all of which still have adherents, but hey...)

/Oh, and in before someone takes exception to the term "supernatural"
 
2010-05-18 12:05:47 PM
2.bp.blogspot.com

Moloch! Solitude! Filth! Ugliness! Ashcans and unobtainable dollars! Children screaming under the stairways! Boys sobbing in armies! Old men weeping in the parks!

Moloch! Moloch! Nightmare of Moloch! Moloch the loveless! Mental Moloch! Moloch the heavy judger of men!

Moloch the incomprehensible prison! Moloch the crossbone soulless jail-house and Congress of sorrows! Moloch whose buildings are judgment! Moloch the vast stone of war!

Moloch the stunned governments!

Moloch whose mind is pure machinery! Moloch whose blood is running money! Moloch whose fingers are ten armies! Moloch whose breast is a cannibal dynamo! Moloch whose ear is a smoking tomb!

Moloch whose eyes are a thousand blind windows! Moloch whose skyscrapers stand in the long streets like endless Jehovahs! Moloch whose factories dream and croak in the fog! Moloch whose smokestacks and antennae crown the cities!

Moloch whose love is endless oil and stone! Moloch whose soul is electricity and banks! Moloch whose poverty is the specter of genius! Moloch whose fate is a cloud of sexless hydrogen! Moloch whose name is the Mind!

Moloch in whom I sit lonely! Moloch in whom I dream Angels! Crazy in Moloch! Cocksucker in Moloch! Lacklove and manless in Moloch! Moloch who entered my soul early! Moloch in whom I am a consciousness without a body! Moloch who frightened me out of my natural ecstasy! Moloch whom I abandon! Wake up in Moloch! Light streaming out of the sky!

Moloch! Moloch! Robot apartments! invisible suburbs! skeleton treasuries! blind capitals! demonic industries! spectral nations! invincible mad houses granite cocks! monstrous bombs!
 
2010-05-18 12:10:03 PM
BillCo: I'm an agnostic. I'm not convinced there is a stock market.

Being agnostic would mean that you believe one cannot prove or disprove the existence of said stock market.
 
2010-05-18 12:18:46 PM
Jack31081: BillCo: I'm an agnostic. I'm not convinced there is a stock market.

Being agnostic would mean that you believe one cannot prove or disprove the existence of said stock market.


Well, stock market atheism and stock market agnosticism are not mutually exclusive, since one pertains to belief in the stock market and one pertains to claimed knowledge of....the...stock..market....

Crap! On second thought, I don't actually want to have this discussion.
 
2010-05-18 12:20:27 PM
burndtdan: BillCo: I'm an agnostic. I'm not convinced there is a stock market.

i'm new age. i believe their is a stock market inside all of us.




I'm Catholic. I believe that online trading is wrong, and in order to trade in the market I must use a broker.
 
2010-05-18 12:20:53 PM
How is this news? Christians build more temples for money-changers than any other religion.
 
2010-05-18 12:21:07 PM
Martian_Astronomer: So...now we're basically saying that any group of people who pay attention to something bigger than themselves (like markets, the environment, the human race as a whole, the universe) are a religion?

You know, I was going to just dismiss this sort of thing as stupid, but I guess that if you squint, you can kind of see it as an indicator of how religion has lost ground in society at large. Back in the late bronze age, religion was primarily along the lines of "God didn't send rain and killed our king with the plague because we didn't sacrifice a big enough goat." Now, we've apparently been reduced to "Well, if you have a set of symbols that you follow to help you understand the universe, that's God to you, so the stock market is a religion in a way...." (Of course, there's a lot of intermediate steps in between the two, pretty much all of which still have adherents, but hey...)

/Oh, and in before someone takes exception to the term "supernatural"


So, you're saying that you don't think Bernard Madoff was a big enough goat.
 
2010-05-18 12:24:01 PM
Goodfella: burndtdan: BillCo: I'm an agnostic. I'm not convinced there is a stock market.

i'm new age. i believe their is a stock market inside all of us.



I'm Catholic. I believe that online trading is wrong, and in order to trade in the market I must use a broker.


win
 
2010-05-18 12:28:46 PM
Rapmaster2000: No, the NYSE is something that actually exists.

Religion exists. fyi.
 
2010-05-18 12:30:15 PM
yakmans_dad: WTF?

The godgoddess is called "Mammon" "Mammory" and worship isn't new.


FTFY.. much much better religion :D
 
2010-05-18 12:59:25 PM
Goodfella: burndtdan: BillCo: I'm an agnostic. I'm not convinced there is a stock market.

i'm new age. i believe their is a stock market inside all of us.



I'm Catholic. I believe that online trading is wrong, and in order to trade in the market I must use a broker.


I'm Jewish. None of the stock exchanges meet my standards, I'm still waiting for a worthwhile one.
 
2010-05-18 01:00:25 PM
Arnold T Pants: BS. The hottest new religion is environmentalism, by far.

HURR, they must love that one at the old failure home.

Environmentalism is so old that even this line about environmentalism has grandkids.
 
2010-05-18 01:02:28 PM
Goodfella: burndtdan: BillCo: I'm an agnostic. I'm not convinced there is a stock market.

i'm new age. i believe their is a stock market inside all of us.



I'm Catholic. I believe that online trading is wrong, and in order to trade in the market I must use a broker.


I thought being Catholic meant you trade frequently, but with a tremendous amount of guilt and very little pleasure. Then, when you're finished, you pray for 30 seconds and then berate those godless sinners on Wall Street.
 
2010-05-18 01:12:20 PM
Don't be silly, man has been worshiping Mammon for generations.
/to his detriment.
 
2010-05-18 01:38:55 PM
I'd say libertarianism is the hottest new religion.

It's got an all powerful, invisible deity that must be obeyed.

It's got a long dead prophet who's message is constantly being misrepresented.

Its followers even do that baptizing dead people thing the mormons do.
 
2010-05-18 01:48:21 PM
If you want to be really semantic you *could* call the stock markets a religion; if you want to ignore the fact that it just plain isn't.
Just because A may have a lot of things in common with B does not mean that A is B.
It's like saying that the man in the mirror really looks like a real man so it must be one. On a fundamental level, however, it just isn't.
 
2010-05-18 01:50:28 PM
thurstonxhowell: Goodfella: burndtdan: BillCo: I'm an agnostic. I'm not convinced there is a stock market.

i'm new age. i believe their is a stock market inside all of us.



I'm Catholic. I believe that online trading is wrong, and in order to trade in the market I must use a broker.

I thought being Catholic meant you trade frequently, but with a tremendous amount of guilt and very little pleasure. Then, when you're finished, you pray for 30 seconds and then berate those godless sinners on Wall Street.


No, being Catholic means you f*ck little boys, don't feel guilty about it, and spend billions of dollars protecting thousands of other Catholics who also f*ck children.
 
2010-05-18 01:58:27 PM
Praise be to Mammon the golden bull market. We had to build a new bull market because Moses smashed the old one with a sundisk in it's horns using ten commandments.
 
2010-05-18 02:04:29 PM
fear is the only religion man has ever had
 
2010-05-18 02:05:21 PM
Garble: I'd say libertarianism is the hottest new religion.

Nah, libertarians don't exist outside of online forums. I've actually met stock traders in the real world.
 
2010-05-18 02:12:33 PM
mudpreacher.files.wordpress.com

STOP HIM! He's gonna break our Bull market!

Oh and the Golden Calf was not named Mammon, Mammon literally means greed Jesus was saying you MADE that a God to you. The Calf was actually based off of old Egyptian Monotheism. Amenhotep the 3rd I think was the one who eliminated the egyptian pantheon and restored it to monotheistic sun worship personified by a disc carried by a calf. After many years that devolved into another pagan God who devolved back into a pantheon of Ran and Isis and pharoahs. The Jews hearing that a monotheistic God brought them out had more experience with this old one then the abrahamic one that has no image.
 
2010-05-18 02:16:48 PM
I came expecting any article about how the market is propped up by irrational faith. And about how the majority of its value is from the belief it will never stop growing (stock prices 4x book with weak dividends).

Leaving disappointed...
 
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