so-called 'Conservative' fellow Heath. And we were pilloried because what we were doing was in direct competition with the inefficient state-run enterprises that my good friend Lady Thatcher recognized as mosquitoes battening on the lifeblood of capitalism. That cad Fleming put it about that SPECTRE stands for 'Special Executive for Counter- intelligence, Terrorism, Revenge, and Extortion' — absolute tosh and nonsense! Would a group of criminals really call themselves something that blatant? I'll remind you that SPECTRE is actually a French acronym, as befits a nonprofit charity incorporated in Paris. The name stands for 'Societe professionelle et ethique du capital technologique reinvesti par les experts.[3 Literally: 'Professional and Ethical Society of Technological Capital Reinvested by Experts.'] Venture capitalists specializing in disruptive new technologies, in other words — commercial space travel, nuclear power, antibiotics. Not some kind of half-baked terrorist organization! But you can imagine the threat we posed to the inefficient state monopolies like the British Aircraft Corporation, the coal mining industry, and Imperial Chemical Industries.'

Blofeld paused to sip his tea thoughtfully. 'We were ahead of our time in many ways. We pioneered business methods that later became mainstream — Sir James Goldsmith, Ronald Perelman, Carl Icahn, they all watched us and learned — but by then, the commies were out of power in the West thanks to our friends in the establishment, so they had an easier time of it. No need to hire lots of expensive security and build concrete bunkers on desert islands! And yes, that made us look bad, don't think I'm unaware of it — but you know, you want bunkers and isolated jungle rocket-launch bases? All you have to do is look at Arianespace! It's fine when the government bureaucracies do it, but if an honest businessman tries to build a space launch site, and hires security to keep the press and saboteurs from foreign governments out, it's suddenly a threat to world security!'

He paused for a while. 'They put the worst complexion on everything we did. The plastic surgery? Well, we had the clinic, why not let our staff use it, so the surgeons could sharpen their skills between paying customers? It was a perk, nothing more. We did — I admit it — acquire a few companies trading in exotic weapons, nonlethal technologies mostly.

And that business with Emilio and the yacht, I admit that looked bad. But did you know, it originally belonged to Adnan Khashoggi or Fahd ibn Saud or someone? Emilio was acting entirely on his own initiative — a loose cannon — and as soon as I heard about the affair I terminated his employment.'

I asked Ernst to tell me about Bond.

'Listen, this Bond chap, I want you to understand this: however he's painted in the mass media, the reality is that he's a communist stooge, an assassin. Look at the evidence. He works for the state — a socialist state at that. He went to university and worked with those traitors Philby and Burgess, that MacLean fellow — communist spies to a man. He didn't resign his commission when the British government went socialist, like a decent fellow; instead he took assignments to go after entrepreneurs who were a threat to the interests of this socialist government, and he rubbed them out like a Mafia button man. There was no due process of law there, no respect for property rights, no courts, no lawyers — just a 'License to Kill' enemies of the state, loosely defined, who mostly happened to be businessmen working on start-up projects that coincidentally threatened state monopolies. He's a damned commissar. Do you know why Moscow hated him?

It's because he'd beaten them at their own racket.'

Blofeld was clearly depressed by this recollection, so I tried to change the subject by asking him about his personal management philosophy.

'Well, you know, I tend to use whatever works in day-today situations. I'm a pragmatist, really. But I've got a soft spot for modern philosophers, Leo Strauss and Ayn Rand: the rights of the individual. And I've always wanted to remake the world as a better place, which is probably why the establishment dislikes me: I'm a threat to vested interests. Well, they're all descended from men who were threats to vested interests, too, back in the day, only I threaten them with new technologies, while their ancestors mostly did their threatening with a bloody sword and the gallows. I don't believe in initiating force.' He laughed self-deprecatingly. 'I suppose you could call me naive.'

Trade Goods When I played back my tape of our discussion, it took me some time to notice that Ernst had carefully steered the conversation away from certain key points I had intended to quiz him about.

One of the most disturbing aspects of the Bond milieu is the prevalence of technologies that are strangely out of place.

Belt-buckle grappling hooks with wire spools that can support a man's weight? Laser rifles? These aren't simple extrapolations of existing technology — they go far beyond anything that's achievable with today's engineering tools or materials science. But forget Bond's toys, the products of Q division. From Blofeld's solar- powered orbital laser in Diamonds Are Forever to Carver's stealth cruiser in Tomorrow Never Dies, we are surrounded by signs that the adversary has got tricks up his sleeve that far outweigh anything Bond's backers can provide. These menacing intrusions of alien superscience — where could they possibly have gotten them from?

The answer can be discerned with little difficulty if one cares to scrutinize the writings of the sage of Providence, Howard Phillips Lovecraft. This scholar — whose path, regrettably, never crossed that of the young Ian Fleming — asserted that our tenancy of this planet is but a recent aberration.

Earth has in the past been home for a number of alien species of vast antiquity and incomprehensibly advanced knowledge, and indeed some of them may still linger along-side us — on the high Antarctic plateau, in the frigid oceanic depths, even in strange half-breed colonies off the New England coastline.

If this strikes you as nonsensical, first contemplate your nearest city: How recognizable would it be in a hundred years' time if our entire species silently vanished tomorrow?

How recognizable would it be in a thousand years? Would any relics still bear witness to the once-proud towers of New York or Tokyo, a million years hence? Our future — and the future of any once-proud races that bestrode our planet — is that of an oily stain in the shale deposits of deep history.

Earth's biosphere and the active tectonic system it dances upon cleans house remorselessly, erasing any structure that is not alive or maintained by the living.

Consider also the extent to which we really occupy the planet we live on. We think of ourselves as the dominant species on Earth — but seventy-five percent of the Earth's entire biomass consists of bacteria and algae that we can't even see with the naked eye. (Bacteria from whose ranks fearsome pathogens periodically emerge, burning like wildfire through our ranks.) Nor do we, in any real sense of the word, occupy the oceans. Certainly our trawlers hunt the bounty of the upper waters. But submarines (of which there are only a few hundred on the entire planet) fumble like blind men through the uppermost half-kilometer of a world-ocean that averages three kilometers in depth, unable to dive beneath their pressure limits to explore the abyssal plains that cover nearly two-thirds of the planetary surface. Finally, the surface (both the suboceanic abyss and the thin skin of dry land we cling tenuously to) is but a thousandth of the depth of the planet itself; we can't even drill through the crust, much less contemplate with any certainty the nature of events unfolding within the hot, dense mantle beneath.

We could be sharing the planet with numerous powerful alien civilizations, denizens of the high-energy condensedmatter realm beneath our feet, and we'd never know it — unless they chose to send emissaries into our biosphere, sprinkling death rays and other trade goods like glass beads before the aboriginal inhabitants, extracting a ghastly price in return for their largesse. A Colder War?

James Bond was a creature of the Cold War: a strange period of shadow-boxing that stretched from late 1945 to the winter of 1991, forty-six years of paranoia, fear, and the creepy sensation that our lives were in thrall to forces beyond our comprehension. It's almost impossible to explain the Cold War to anyone who was born after 1980; the sense of looming doom, the long shadows cast by the two eyeball-to-eyeball superpowers, each possessing vast powers of destruction, ready and able to bring about that destruction on a planetary scale in pursuit of their recondite ideologies. It was, to use the appropriate adjective, a truly Lovecraftian age, dominated by the cold reality that our lives could be interrupted by torment and death at virtually any time; normal existence was conducted in a soap-bubble universe sustained only by our determination to shut out awareness of the true horrors lurking in the darkness outside it an abyss presided over by chilly alien warriors devoted to death-cult ideologies and dreams of Mutually Assured Destruction. Decades of distance have bought us some relief, thickening the wall of the bubble — memories misting over with the comforting illusion that the Cold War wasn't really as bad as it seemed at the time — but who do we think we're kidding? The Cold War wasn't about us. It was about the Spies, and the Secret Masters, and the Hidden Knowledge.

It's no coincidence that the Cold War was the golden age of spying — the peak of the second-oldest profession, the diggers in the dark, the seekers after unclean knowledge and secret wisdom. Prior to 1939, spying of the international kind rather than the sordid domestic variety (let us pass swiftly over the tawdry Stasi archives of

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