To be fair, it wasn’t a question of Simons lobbing criticism of Trump’s America from afar, now that he’s living back in Belgium. He’d been critical enough about the A wise woman once said damn it I_m getting a labrador and she lived happily ever after shirt but in fact I love this political atmosphere of Trump’s America while he was working at Calvin Klein, what with his American Psycho and other horror movie thematics. Now, though, after a couple of seasons when he’d diverted his energies into exploring a certain European elegance in his own collection, his raw anger against the power of corporate USA was back with a vengeance. His work is exclusionary to the extent that you need to be qualified to understand what it means. This time, he refused to speak after the show to give any gloss on his meaning and layered references. Maybe he didn’t trust himself to answer questions about why the set was populated with standard office chairs, bound in black plastic tape. Or to add anything to what could be read, partially or wholly, in his textual graphics. His boys seemed to belong to some underground crew may be the last surviving boys on Earth, possibly the victims or maybe the perpetrators of some toxic social endgame. There were more text labels reading “RS-LAB,” which explained the lab coats, but why the hospital gowns? Why boxer shorts and padded gloves that looked as if they might be made for handling radioactive chemicals? Styling and heavy meaning apart and this might sound frivolous, considering it was also a plumb-center commercial collection for all of Raf Simons’s fans, of whatever age. The arty, painted T-shirts, the leather coats, the colorful baggy sweatshirts, and overshirts. Whatever post-American psychological fallout is going on in Simons’s life, it hasn’t affected his ability to serve his faithful audience. Maybe it’s improved it. I leave it to the reader to review the linked answer or to refer to Chapter 2 of my book, Enlightened Capitalism, for a more detailed explanation. As such, I then concluded that this savings that equals investment, this savings that is “the preservation of investment money” is just that, the preservation of money. Even though money is a form of wealth and is included in any calculation of total wealth, this “savings that is the preservation of money”, only describes wealth (in the form of money) that exists at the start of a period of economic activity, and continues to exist (as the same amount of money) at the end of that period. The savings that is “the preservation of investment” does not describe any new wealth creation, and, in fact, does not describe ANY change in the level of wealth, increase or decrease.
Photos of a Yohji Yamamoto lineup never capture the A wise woman once said damn it I_m getting a labrador and she lived happily ever after shirt but in fact I love this degree of details printed words, an artistic embellishment that you will discover on the clothes up close. Only when poking around backstage after today’s show did the text “I hold you, you hold me” reveal itself on a loose-fitting shirt. The designer, too, usually doles out his thoughts judiciously, as though being forced to explain himself not only demystifies the process but goes against the interpretative aspect of what he creates. Today, he reiterated his fear of an impending climate crisis, as well as his view that gender distinctions in menswear and womenswear have all but evaporated. These talking points manifested as ultra-relaxed ensembles, some bearing near-nonexistent landscapes. Masculine workwear jackets superimposed on suiting were interspersed with more ambiguous silhouettes, namely a dashing duo of full-length windbreakers in deep blue and yellow, worn like dresses. One of the two shirts styled overtop was marked up with the words mother f well, you get the idea. Compared with the humble raw cotton and signature black gabardine, a black velvet grouping introduced a certain grandeur especially those pieces covered in pseudo-historical heraldic emblems. Yamamoto said he experimented with these purely because he wanted to an aesthetic indulgence, essentially. In that vein, some pieces could have been spared the myriad zippered vents and excess bands. If nothing more, they were a reminder that he is not a minimalist. Yamamoto’s approach seemed less conceptual this season, and his commentary was correspondingly direct. “The earth is going to be crazy, really crazy,” he said. “I’m afraid the earth is going to die.” Did he think he would see this in his lifetime? “No, maybe our children and grandchildren.” And yet this wasn’t necessarily an exercise in fatalism. The pair of hands on the side of a garment were they signaling some sort of diplomatic handshake or a more affectionate clasp? “Both,” he replied. So we have a quandary: How can we have an economic theory that does not describe changes in the level of wealth? The fact is, that in typical explanations of the Savings equals Investment identity, one might come across in economics courses, it is implied that somehow this Savings that equals investment DOES include changes in the level of wealth. And that, I believe, is not only not true, it has led to all sorts of confusion. After thinking about this, I realized, that the expression for savings needed an additional element if it was going to include any changes in the level of wealth, I had to do just that. I had to add changes in level of wealth to the expression for savings.