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Open Source with Christopher Lydon

Animal Spirits

Open Source with Christopher Lydon

Christopher Lydon

Arts

4.71K Ratings

🗓️ 14 July 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

This is the vitalism episode, with the passionate polymath Jackson Lears. His new book is beyond category, and gripping, too: it’s titled Animal Spirits: The American Pursuit of Vitality from Camp Meeting to Wall Street. ...

Transcript

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0:00.0

I'm Christopher Leiden, and this is Open Source, the vitalism episode with the passionate

0:06.9

polymath Jackson Lears.

0:09.5

Your new book, Jackson, is Beyond Category, and gripping, too.

0:13.6

It's titled Animal Spirits, the American pursuit of vitality from camp meeting to Wall Street.

0:21.0

The historian in you is reintroducing us to the invisible germ of energy, enchantment,

0:27.8

courage, spontaneity, and longing that has driven the American story uphill and down

0:34.4

to wherever we are in the 2020s, a big question in itself.

0:39.6

You give us a world Jackson Lears that's drumming with invisible currents of power, something

0:44.2

more than animal magnetism, bigger than electricity.

0:47.5

Describe it, picture this vitalism for us today.

0:53.1

Let me just back up a second and say that I've came to this immediate subject, even though

0:57.4

I've been thinking about related ones all my career, but I came to this immediate subject

1:02.6

through John Maynard Keynes and his reappearance in the crash of 2008.

1:09.1

It was Keynes who popularized the concept of animal spirits for a modern and contemporary

1:14.8

audience by referring to it as a spontaneous urge to action.

1:20.6

Keynes was interested in that impulse in the actions of investors.

1:25.4

John Maynard Keynes, we think of him as the economist of the 20th century.

1:28.9

That's right, and a great man in many ways, and a great thinker with respect to vitalism

1:34.1

though he never called himself a vitalist.

1:37.4

What I discovered when I started looking into the notion of animal spirits is that it had

1:44.0

a long history, the phrase that a long history, one of those historic themes concerned a personal

1:50.0

link between body and soul, or body and mind, what we call vitality, individual vitality,

...

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