Friday 18 April 2008

YOU EAT WHAT YOU EARN


“The point is that you can't be too greedy.” – Donald Trump

A snippet of an article written by Rebecca Urban, and appearing in this morning’s edition of “The Australian” Newspaper:

“Millionaire’s Dinner

You’ve got to hand it to the Millionaire’s Factory for living up to its moniker. Last night Macquarie Bank hired a convoy of Hummer limousines to transport 25 of its best and brightest to its annual Millionaire’s Dinner at Buon Ricordo in Sydney’s Paddington. The soiree was to celebrate another year raking in the millions. Exactly how many won’t be known until the bank reports its full-year results next month. But clues of financial robustness can often be found in a party’s choice of champagne. So was it the 1983 Louis Roederer Cristal at $800 a pop? The Italian eatery is renowned for its fettucine al tartufovo – a pasta served in a cream sauce, with a lightly fried truffle-infused egg. It’s the yummiest carbonara in town.”

Amidst global concerns about a world-wide recession, as indicated by the US economy downturn, stories like this seem strangely obscene. Even more so, is this characterisation justified, when one considers the recent rolling interest rate rises over the last few years that battling wage-earning householders in Australia have had to put up with. Shall we add to that the widespread and ever-increasing bank charges that are announced regularly? Not forgetting of course the sort of pay that bank executives demand and get – six and seven figure annual salaries are the norm. And of course, consider also the luridly golden handshakes that abound in the banking sector upon retirement or cessation of employment of executives.

Champagne at $800 a bottle? Of course they can afford it. Truffles, caviar, lobster, foie gras? Of course they can eat it until they gorge themselves senseless. Limousines? Seafront villas? Private jets? Why not? The money is theirs to spend. Their defence? They have t do it to satisfy the demands of their stockholders. The only way they can survive (if living in the lap of luxury can be called that) is to keep on increasing those yearly profit figures. Who helps them do it? You and I every time we use their services, which we are forced to use (have you tried to live nowadays without using the services of a bank?).

Still, this is the free enterprise system, and it rewards those who can use it to their advantage. But, can we make it fairer, somehow? Can we limit endless greed that results in extremes of wealth (and consequently poverty)? How do we control the excesses of capitalism, but nevertheless still manage to reward hard work? How do we moderate and curb the ruthless profiteering while at the same time we do not curtail personal freedom and do not limit private business? Any ideas?

Now that I have written this I have remembered a sumptuous and extravagant dinner that was given as a gift of gratitude. The wonderful film “Babette’s Feast” (1987), which was based on the novella by Karen Blixen. Babette is a French refugee who works as a housekeeper for two sisters in rural 19th century Denmark. She wins a lottery and spends all her winnings on ingredients and wines for a special dinner party she cooks:

Menu
• Turtle soup, accompanied by Amontillado sherry
• Buckwheat blinis and caviar, with Veuve Clicquot vintage champagne • Caille en Sarcophage avec sauce perigourdine (quail in puff pastry with foie gras and truffle sauce), served with Louis Latour Clos de Vougeot • Salad, cheese, fresh fruit • Rum baba, dried figs, followed by fine Cognac…

A story of unrequited love, restraint and piety, indulgence and decadence, a story of extravagance and sinfully unrestrained sensual enjoyment. The contrast between the Protestant and the Catholic, the austere and the baroque. An epicurean meal becomes a symbol and Babette’s gesture is liberality mixed with prodigality, generosity mixed with excessive waste. Great meal, great film…

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