In war-as-spectacle, appearances could be more important than reality, because appearance often ended up determining reality.
As the title of his 1941 book indicates, the theory of capital lay at the heart of his theory of the cycle. The reason is that he attributes the cycle not to changes in aggregate demand, or even to changes in the quantity of capital, but to changes in the structure of production and hence the structure of the capital stock. In this, his theory was highly unusual: one of the reasons for his failure
to engage more effectively with Keynes was the latter’s inability to see how the theory of capital could be of any importance for the cycle. Because the theory of capital is so central, and because it is so complex, it needs to be explained carefully. After that, the rest of his theory falls into place comparatively easily.
If the intensity of the material world is plotted along the horizontal axis, and the response of the human mind is on the vertical, the relation between the two is represented by the logarithmic curve. Could this rule provide a clue to the relationship between the objective measure of information, and our subjective perception of it?
A scientist in the late nineteenth century could be forgiven for thinking that the major elements of physics were built on unshakeable foundations and effectively established for all time. The efforts of generations of scientists, philosophers, and mathematicians had culminated in Isaac Newton's grand synthesis in the late seventeenth century.
Animals themselves cannot plead their cause, and those who plead it for them have no obvious financial or other selfish interest in the issue, although many may have vested” their emotions in it. When we turn to special gain from maintaining existing practices, special loss if they were to be changed, we find a large number of groups whose views might be discounted. Butchers, furriers, hunters,
cattlemen, chicken farmers, scientific experimenters on animals would, unless compensated, all have to suffer significant personal loss if we were to change our practices. They cannot therefore be expected to see the moral issue without the distortion of special interest. The scientists might claim that in their case their own interest coincides with a universal human interest, but I think the
butcher and the furrier could make a similar claim[. ]
I want everybody really lost, and I want us all to be at home there. Something like that. Actually I am not interested in that, but I mean that's what you could do. Lots of people would like it. I have to say finally what I am interested in, like Socrates: peace… rest… nothing.
Knowing that the life that remained to him could not be of great length, he said, I try to increase it in weight, I try to arrest the speed of its flight by the speed with which I grasp it. … The shorter my possession of life, the deeper and fuller I must make it.”
Seneca, in advising retirement, had also warned of dangers. In a dialogue called On Tranquility of Mind,” he wrote that idleness and isolation could bring to the fore all the consequences of having lived life in the wrong way, consequence that people usually avoided by keeping busy—that is, by continuing to live life in the wrong way.