Posts tagged stewardship

Sudhir Venkatesh takes a millionaire on a quest for philanthropic education for a weekend in the Chicago ghettos. The challenge -- which really does sound like something out of a youth group "urban plunge" trip -- was to give the same $20 seed capital to the millionaire and Curtis, a local squatter, and see how each would use the money to get through the weekend.

re: cultural worlds, philanthropy, poverty, power, stewardship, wealth

Nate:

By 5 p.m. Curtis had made his first two purchases: frozen chicken wings and a can of beans ($4.75); a T-shirt and pair of socks from a vendor on the street ($2.00).

Meanwhile, Michael drove his rental car around the neighborhood. When he returned to meet us he was exasperated. “The food here is awful! No fruit, vegetables are moldy. Only meat, canned food, and soda. What do kids eat? The guy at the store told me no one would eat fruit unless it’s in a can. Is that true?”

Curtis shook his head. I told Michael, “When we get back to New York, I will talk with you about diet and quality of food availability in poor neighborhoods.”

But Michael was growing upset. “All I see are liquor stores and dollar stores and fast food. There was one guy who said he’d buy my food stamps — 50 cents for a dollar in stamps? How can people live like this?”

Curtis laughed. He asked Michael if he’d like some chicken and beans. Michael said, “No thank you,” and sat on the cold linoleum floor. He was silent.

“How much does a banana cost,” Curtis asked Michael. Michael looked embarrassed, unable to answer.

“You don’t know, do you!” Curtis laughed. “See fruit is expensive; raw food is too much for low income people. And we don’t always have a fridge, so you got to keep things in cans. That way it can move with you. And one thing you need to know: low income people always are on the move — not just squatters, all low income folks.”

How could I not link to a column that so eloquently describes the way that culture creates "the horizons of the possible"? Brooks is spot on. Now the culture-making question: what cultural goods could we shape or create that would change "the culture of debt"?

re: consumption, debt, horizons of the possible, money, stewardship

Andy:

Individuals don’t build their lives from scratch. They absorb the patterns and norms of the world around them.

Decision-making — whether it’s taking out a loan or deciding whom to marry — isn’t a coldly rational, self-conscious act. Instead, decision-making is a long chain of processes, most of which happen beneath the level of awareness. We absorb a way of perceiving the world from parents and neighbors. We mimic the behavior around us. Only at the end of the process is there self-conscious oversight.

According to this view, what happened to McLeod, and the nation’s financial system, is part of a larger social story. America once had a culture of thrift. But over the past decades, that unspoken code has been silently eroded.