Review
Culture
Re-enchanting
7 min read

Re-enchanted: swimming with Charlie Mackesy

Fascinated by the astonishing success of the whimsical The Boy, The Mole, The Fox and the Horse, Belle Tindall probes at the deep wisdom of Charlie Mackesy’s enchanting, not to mention Oscar-winning, modern fable.

Belle is the staff writer at Seen & Unseen and co-host of its Re-enchanting podcast.

An illustration showing a horse standing, sniffing a mole held by a boy while a seated fox looks on.
Macksey's modern fable.
BBC.

Four million of us dedicated half an hour of our Christmas Eve to watching Charlie Mackesy’s Academy Award-winning animated short film, The Boy the Mole, the Fox and the Horse, making it the most watched programme on that day. (Not to mention the five million of us who have streamed it since, making it the most watched film in its category at this year's Oscars). 

More than two million of us have his illustrated book of the same name sitting somewhere in our homes, placing it firmly on both the New York Times and the Sunday Times best-sellers list.  

Over one-and-a-half million of us have decided to make Charlie’s work a daily staple of our lives by following him on Instagram.

'Lives have been profoundly touched by the effect that Mackesy is having upon the world.'

And then, of course, there’s the impact of these lofty statistics, the depth of success that is running parallel to the breadth, the Mackesy Effect that can’t be quantified. I defy anyone to scroll through the online comments on his social media pages, browse the reviews of his book, or explore the Twitter hashtag pertaining to the short film, and not be struck by the stories of seemingly endless people whose lives have been profoundly touched by the effect that Mackesy is having upon the world.  

My morning peek into the Twitter-verse shows that today alone, the animated film is being watched in schools as an exercise in mental and emotional well-being, copies of the book are being distributed to sufferers of PTSD and gifted to residents of care homes, while the distinctive drawings are adorning the walls of therapy rooms and hospital wards.  

Fascination at such an impact can be reduced to a singular word: why?  

This isn’t a question dubiously asked from a safe distance, surveying the astonishing success and scratching my head with scepticism. I am by no means unconvinced by the genius of it all. Quite the contrary, my copy of the book is one of the most well-thumbed books I own. I pull it off my shelf and open it up more regularly than I care to admit, each time utterly bewildered as to why it feels as though it was written just for that precise moment. 

And so, to ask the question once more: what is it about this simple fable, in all of its various forms, that is continuing to captivate us? I have a theory. One that was somewhat hidden in plain sight all along.  

There’s a phrase that has been whirring around my mind as I’ve been probing at Mackesy’s enchanting work: it is a fable in which children can paddle and elephants can swim.  This phrase has been frequently used to describe a particular biblical book, the Gospel of John.  

John’s Gospel has a reputation for being somewhat of a literary and theological enigma. Therefore, whether it be in pure delight or utter defeat, John’s Gospel has been described in this way – as a text in which children can paddle and elephants swim.  

Far more than a whimsical-sounding review, this rather endearing visual very succinctly sums up the paradox that is the literary nature of the fourth Gospel. It can be read and understood at a surface level, each scene working together to create a tapestry of moments, curated to tell the tale of a life that caught the attention of everyone around it. And of course, a death and resurrection, painstakingly recorded to ensure that the impact of such a momentous life moves beyond the confines of first-hand witnesses. This is how the fourth Gospel has been paddled in for two millennia.   

'This work is a text in which children can paddle and elephants can swim.'

But then there’s the ever-present invitation to swim with the elephants. In reality, this invitation is to sit and dissect every micro-detail, to delve into the intention undergirding every word choice, to pour over the precise placement of every narrative. It is an invitation to find meaning hidden within meaning hidden within yet more meaning, it is an invitation to surrender to the sheer genius of what John has produced and work out how to rightly respond to it.  

And with this in mind, I return to the work of Charlie Mackesy. This is not to suggest that through The Boy, the Mole, the Fox and the Horse, Mackesy has created, or attempted to create, some kind of Biblical text. Surely, he, more than anyone, would positively balk at the idea. What I’m suggesting is that this work is a text in which children can paddle and elephants can swim.  

The pages of the book, the scenes of the short-film, the images on the Instagram account - they can be consumed at a glance, they can be paddled in. The simplicity of them offers an antidote to our crowded lives, the whimsical nature of each character appeals to our desire for escapism, and the relatable nature of Charlie Mackesy himself (a self-proclaimed ‘grubby artist’) allows us to feel that his content is a safe place. And then there are the words that accompany each drawing he offers us; in the animated film, actors such as Idris Elba and Tom Hollander have been enlisted to bring the voices of the four beloved characters to life. In the book, Charlie’s own handwriting is tasked with doing all the talking. These messages, presented as brief conversations between the characters, are notably short in length and simplistic in nature, but let’s not allow that to fool us into assuming that they lack substance. On the contrary, there is sufficient depth to be swam in, and the invitation to do so is present on every page.  

'What can be found by those who are wading away from the shores?'

And herein lies the theory: the invitation to paddle in the waters of this whimsical world may be what is attracting the world to Charlie’s work, but the opportunity to swim in its very applicable depths is what is keeping us captivated. Therefore, a question remains: what can be found by those who are wading away from the shores? I have a suggestion: re-enchantment of the most theological kind.  

We’re living in an age of ‘disenchantment’ in the West, a societal state that was predicted by Max Weber in the early 20th Century, and profoundly resonates with our reality today. Weber used the term ‘disenchantment’ to denote a time when society will have discarded our reliance upon, and appreciation of, the mysterious, the spiritual, and the transcendent.  

But are we satisfied with disenchantment?  

Our apparent captivation with content such as Mackesy’s, which is intent on re-enchanting us, would imply not.  

The longer you sit with Mackesy’s work (or swim in it, to keep a hold of the Johannine metaphor), the more apparent it becomes that neither the boy, the mole, the fox, nor the horse are actually the central characters. Rather, the things that hold the entire body of work together are the exact things that disenchantment refutes: the mysterious, the spiritual, the transcendent. Things that, to quote the book itself, ‘sit beyond all things’. Perhaps our appreciation of such things has not been disregarded, but profoundly underestimated. It could be suggested that our reliance upon such things is more intrinsic than we ourselves acknowledge, and every now and again, something as unlikely as a talking mole makes a profound mark on culture and subsequently proves it.  

Charlie Mackesy has ultimately provided us with an invitation into re-enchantment.  

'He wanted to reach out to a loved one in distress, but words kept falling short.'

The thing to note about re-enchantment is that it is, by its very nature, a return to something familiar; a previous perspective or an ancient wisdom perhaps. The vehicle is intriguingly new, but the cargo feels ancient. Or to be more specific, the cargo feels biblical.  

Mackesy’s relationship with his Christian faith is paradoxically complex and enviably simple. He’s spoken many a time about the way he both perceives and receives the divine love that is at the core of the Christian faith. He has also given us a glimpse into how it tends to fuel his work. In an interview with CBN, Charlie tells the story behind one of his more explicitly biblical pieces of art entitled 'The Prodigal Daughter' . He spoke about how he wanted to reach out to a loved one in distress, but words kept falling short, so he painted her a picture. He said ‘I was just trying to show her through imagery where, you know, to be held is something she always wanted. So, I said, “This is what God is like”’.  

Whether or not he has the same intention when it comes to his more commercial work, as you flick through each page of his best-selling book, that is exactly what you sense the characters within the book, and the man behind it, to be saying: this is what God is like.  

Whether it be the horse, who is ‘the biggest thing they have encountered’ and takes it upon himself to carry the other characters physically and emotionally through the wilderness. Or the constant re-iteration that love is the means and the end to all things. Or even the narrative detail of each character becoming known, deeply, and honestly known, on levels that they had yet to experience. You could write ten books of theology or philosophy in an attempt to expound each theme.  

And I, for one, hope it’s a place where children continue to paddle, and elephants continue to swim for a long time to come.  

Article
Culture
Economics
Ethics
6 min read

The rights and wrongs of making money with meme coins

When does investing become speculating, or even addictive gambling?
A montage shows Trump with a raised fist against other images of him and the phrase 'fight fight fight'.
$Trump coin marketing image.
gettrumpmemes.com,

Donald Trump’s “liberation day” tariffs may have driven sharp swings in global financial markets, but his actions in markets a few months earlier were in some ways even more peculiar.

On the Friday before his inauguration as the 47th US President in January, the Republican surprised many with the launch of the $TRUMP memecoin, described by its website as “the only official Trump meme”. The cryptocurrency token, in which Trump’s family business owned a stake, initially soared in value to more than $14bn over that following weekend. 

Then, on the Sunday, Trump’s wife Melania launched her own memecoin, $MELANIA, which reached a value of $8.5bn. Even the pastor who spoke at the president’s inauguration subsequently launched his own memecoin. 

For those wondering what exactly a memecoin is, you are not alone. In short, they are a form of cryptocurrency - an asset class that itself has attracted plenty of questions about its substance and purpose - representing online viral moments. They have no fundamental value or business model and, according to the US securities regulator, “typically have limited or no use or functionality”. 

Donald and Melania Trump’s coins subsequently plunged in price, but still have a value of around $2.5bn and $214mn respectively, according to website CoinMarketCap. 

There are plenty of others in existence. PEPE, based on a comic frog, has a value of around $3.6bn; BONK, a cartoon dog, has a market cap of $1.5bn; and PNUT, a reference to a squirrel euthanised by authorities in New York and about which Trump was allegedly “fired up” (although doubt has since been cast on the president’s involvement in the matter), is still valued at around $174mn, despite having fallen sharply in price.  

Dogecoin, seen as the world’s first memecoin and originally created as a joke, boasts a market value of around $25bn. (There are other memecoins which may not be suitable for these pages). 

Some people’s willingness to buy an “asset” with no use or fundamental value may seem strange to more traditional investors. But it can be viewed as just one manifestation of the speculative investor behaviour evident since the onset of the coronavirus pandemic and, indeed, at times throughout history. 

The price of Bitcoin recently rose above $100,000, despite many investors still viewing it as having little or no value (in 2023 the UK’s Treasury select committee described cryptocurrencies as having “no intrinsic value, huge price volatility and no discernible social good”). In early 2021, shares in GameStop - a loss-making US video games retailer that some hedge funds were betting against - rocketed as much as 2,400 per cent, as retail investors piled in, many with the aim of inflicting pain on the hedge fund short sellers (in that respect at least, a highly successful strategy that became the subject of the film Dumb Money). The huge rise in AI and other tech stocks in recent years - until the recent tariff-driven volatility - has also been described as a bubble by some commentators. 

Whether or not such episodes can be compared to infamous bouts of speculative mania in history depends on your point of view (and often can only be judged with the benefit of hindsight) - be it the 17th century Dutch tulip bulb mania, shares in the South Sea Company in the 18th century or the dotcom boom and bust of the late 1990s and early 2000s. 

But it does give rise to the question of when investment should start to be described as speculation or even as gambling? And what are the rights and wrongs of any of those activities? 

There can be negative effects, for instance if the actions of speculators force businesses in the real economy to change their plans or divert time and resources... 

Gambling can be thought of as risking a stake on, for instance, the result of a game of chance or sport in the hope of a bigger payout. While often the result is purely down to chance, in some cases a strategy or an element of research (for instance of a horse or football team’s form) can be used. Investment, in contrast, tends to involve purported economic utility and assets believed to have some sort of underlying value, and holds the hope of future profit (although there are also plenty of bad investments or those that have gone to zero). While an investor must be prepared to lose their entire stake, in some cases such an event is relatively unlikely (for instance, if they buy a fund tracking the performance of a major stock exchange). Speculation is harder to define, but is generally seen as shorter term than investment, with more chance of a bigger gain or loss, and dependent on price fluctuations. Rightly or wrongly, the term has a more negative connotation than investment. 

One writer who explored the ethics of these activities was Oswald von Nell-Breuning, a Jesuit theologian and economist who served as an adviser to the Pope and who was banned from publishing under the Nazis. 

While he found that “one general definition cannot capture all the nuances” of speculation, he identified two different types of speculative activity - one that was purely trying to make a profit from financial market trading, and one based on trying to create a viable business. (See this article in the Catholic Social Science Review for a fuller explanation of Nell-Breuning’s views on speculation). 

As the CSSR article shows, Nell-Breuning found that there can be positive effects from speculation - one might think of better liquidity and price discovery in a market, while, in commodity futures markets, speculators allow producers to hedge risk

But he also argued that there can be negative effects, for instance if the actions of speculators force businesses in the real economy to change their plans or divert time and resources away from production. 

And whereas gambling typically takes place within a circle of players who have chosen to take part, speculation, he wrote, can affect a greater portion of society - for instance, if it affects the price of shares or bonds they hold. 

The Bible - on which Nell-Breuning’s faith and analysis was based - does not take a prescriptive approach to such activities. But it does provide some interesting guidance.  

An entrepreneurial approach to business and investment is applauded, for instance when the writer of the book of Proverbs (traditionally believed to be King Solomon) praises the virtues of “an excellent wife”. These include investing in a field and using her earnings from business to plant a vineyard, and feeding her family from her gains. 

Jesus tells a story of a master who, before going on a journey, gives his property to his servants, each according to their ability. To one he gives five “talents” (a large unit of money), to a second two and to a third servant he gives one. 

The first servant trades with his talents and makes five more talents - a 100 per cent profit - and is applauded by the master on his return. The second servant also trades and similarly makes two more talents and is again applauded. 

But the third servant, being afraid and believing the master to be “a hard man”, hides the money in a hole in the ground. He is condemned as “wicked and slothful”, and told that he should at least have put the money in the bank. 

While Jesus’s story may primarily be about how we view God’s nature, how we use our God-given abilities and whether or not we can take risks in faith for Him, it is also hard not to see investment and indeed wise speculation as being virtuous activities here. Putting the money into a bank account is, in this story anyway, more of a fallback option. 

But the Bible also warns us against putting money above all else in our lives. The love of money is, famously, a root of all sorts of evil, while we are also told to be content with what we have, and that “wealth gained hastily will dwindle”. 

Nell-Breuning similarly warns that a “get-rich-quick” mindset, when this is placed above all else, can be harmful, and advises caution in situations where the lure of big profits can lead the speculator into market manipulation or fraud. 

After all, both gambling and crypto trading have the potential to become dangerous and damaging addictions needing treatment

Ultimately, Nell-Breuning struggled to come to a simple conclusion on the question of whether speculation, in and of itself, is morally wrong. It is, he wrote, a judgment call for those involved. 

When making such decisions ourselves, his - and the Bible’s - warnings may be worth bearing in mind.