In the first half of this book, Jung uses the dream analysis of a  mentally ill patient to draw conclusions based on what he calls  universal archetypes.  Jung flagrantly filters this person's dream  symbolism through his own alchemical bias, where personally I could come  up with all kinds of different interpretations that seemed to me just  as valid.  But I'm no Jung.  So moving on.  The flip side to the coin,  for the first half, is you do get a nice exposure to the tenets of  alchemy along with it's rich symbolism.  It is up to the reader to  decide if the trade off is worth it.  Learning about alchemy, while  doing so through what many may consider questionable means.  There are  two principles Jung brings out that I happen to agree with.  The first  is concerning the psyche.  In the beginning of the book, Jung  categorically states the psyche is ancient and pagan.  The second  principle I agree with deals with archetypes.  Jung makes pains to say  that just because he is focusing on the archetype, which he defines as  an image, he is not denying an imprinter.  So the door to objectivity is  left at least slightyly ajar. 
In the second half, Jung focuses on alchemy as a science that predated christianity, and that though it was pagan, it's motifs were certainly congruous with christian ideals. Parallels are drawn between the Virgin Mary and Prima Materia. Between a metal's blackening, whitening and sublimation to the philosopher's stone as the state of the christian soul through it's stages of redemption. In this section of the book, Jung characterizes the royal art as being objective and practical, but also subjective and spiritual. The author can't rid himself of the possibility that the earliest philosophers were projecting their unconsiousnesses into their art. He also brings out the gnostic feel of alchemy in that the art attempts to separate the pure spirit out of foul matter. Some readers may question his veracity as he states in one of his footnotes christianity actually was subsumed into gnosticism due to the presence of Simon Magus. This reader said 'what'? Also, alchemy is monadic in that the philosopher's stone comes out of one, becomes few, and is returned to one, now ennobled, higher state. Philosophically, monadism can lead to problems of it's own, and again, it is left to the reader's discrimination as to what to accept and reject.
The capstone, of course, is the epilogue. Jung finally tips his hand that he is a modern through and through and relegates the art to a purely subjective level. He hints that it is the the breadth of the modern psyche that as Auguste Comte said, poses such endless need and endless danger to ourselves. And in this, the pieces all fall neatly into place.
In the second half, Jung focuses on alchemy as a science that predated christianity, and that though it was pagan, it's motifs were certainly congruous with christian ideals. Parallels are drawn between the Virgin Mary and Prima Materia. Between a metal's blackening, whitening and sublimation to the philosopher's stone as the state of the christian soul through it's stages of redemption. In this section of the book, Jung characterizes the royal art as being objective and practical, but also subjective and spiritual. The author can't rid himself of the possibility that the earliest philosophers were projecting their unconsiousnesses into their art. He also brings out the gnostic feel of alchemy in that the art attempts to separate the pure spirit out of foul matter. Some readers may question his veracity as he states in one of his footnotes christianity actually was subsumed into gnosticism due to the presence of Simon Magus. This reader said 'what'? Also, alchemy is monadic in that the philosopher's stone comes out of one, becomes few, and is returned to one, now ennobled, higher state. Philosophically, monadism can lead to problems of it's own, and again, it is left to the reader's discrimination as to what to accept and reject.
The capstone, of course, is the epilogue. Jung finally tips his hand that he is a modern through and through and relegates the art to a purely subjective level. He hints that it is the the breadth of the modern psyche that as Auguste Comte said, poses such endless need and endless danger to ourselves. And in this, the pieces all fall neatly into place.
 
 
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