Steffen Huck

Meltdown in Valhalla

<em>Steffen Huck </em>draws parallels between Wagner’s <em>Ring</em> cycle and today’s economic crisis

issue 13 October 2012

What begins with the borrowing of some capital ends 14 hours later with cataclysmic disaster. It is a drama thousands and thousands in the western hemisphere watch these days — from Seattle to New York, from London to Milan, and from Munich to St Petersburg. Ticket prices are high, although sponsorship money flows in luxuriant quantities hand-in-hand with public subsidies; after all, the show (which originally was intended to be produced only once, the set consumed for ever in the last scene’s flames) is notoriously expensive to produce.

GIF Image

Disagree with half of it, enjoy reading all of it

TRY 3 MONTHS FOR $5
Our magazine articles are for subscribers only. Start your 3-month trial today for just $5 and subscribe to more than one view

Comments

Join the debate for just £1 a month

Be part of the conversation with other Spectator readers by getting your first three months for £3.

Already a subscriber? Log in