September 27, 2008
Poetry Bailout Will Restore Confidence of Readers"Cultural leaders have come together to announce a massive poetry buyout: leveraged and unsecured poems, poetry derivatives, delinquent poems, and subprime poems will be removed from circulation in the biggest poetry bailout since the Victorian era. As we know, lax composition practices since the advent of modernism led to irresponsible poets and irresponsible readers. Simply put, too many poets composed works they could not justify. We are seeing the impact on poetry, with a massive loss of confidence on the part of readers. What began as a subprime poetry problem on essentially unregulated poetry websites has spread to other, more stable, literary magazines and presses and contributed to excess poetry inventories that have pushed down the value of responsible poems. - —By Charles Bernstein (Harper's Magazine)
Posted by Vanderleun at September 27, 2008 8:45 AM. This is an entry on the sideblog of American Digest: Check it out.