Consuming Nostalgia: A Semiotic Analysis of the “Generations” Mastercard
                                  By Jessamyn Birrer/Schnackenberg

            It doesn’t seem a stretch to discuss credit cards existing in our society as signs.  Any card, when looked to first as a signifier, offers a variety of signified meanings—from a meaning as simple as the ability to buy something without having money on hand to something as complex as freedom, status, even America itself.  The Generations Mastercard, as an example, perhaps only demonstrates an awareness of such secondary significations more blatantly than is sometimes seen in credit card offers, mainly because it unabashedly draws attention to these secondary connotations as part of its advertisement.

            Before I get too far afield, I should describe the Card.  The Generations Mastercard offers a variety of “special edition” card designs picturing “memorable” scenes of American life from the Fifties, Sixties, and Seventies.  The images depicted on the cards include denim (the Western favorite), acoustic guitars (because America is its folk culture?), the March on Washington (!), and tie-dye designs (because America loves its protesters, too?).  You are encouraged to choose from such cards as the “Peace” card, the “Happiness” and “Memories” cards, and, yes, the “Freedom” card.  The fact that this Mastercard is so blatantly marketed as synonymous with the values depicted thereon made it difficult, in our in-class group discussion, to focus on the initial level of signification—the secondary significations were bleeding through everything.  It may be that because of the heavily advertised ideological marriage of freedom and capital in our culture the signifier “credit card” actually produces for many the signified “freedom” (as opposed to a simple primary signified “ability to pay with credit,” or the more realistic secondary signifiers of, say, “economic slavery,” “credit debt,” or “not able or interested to wait until I actually have the money”).

            Certainly, the diction of the Generations Mastercard credit offer itself betrays these intended significations of American cultural “values”; the card will provide its bearer with “freedom,” “convenience,” “status,” and “distinction”—hell, it even comes to you as an “invitation” (which signifies here not just the primary “invitation to apply for a credit card” but the secondary “invitation to join the ranks of happy Americans”)  And of course, this invitation isn’t being extended to just anyone; you have been “preselected.”

            The text of the credit card “invitation” further reinforces not only what we are to assume the card connotes, but explicitly ties them to what, in our American cultural system, we give value and use to imply meaning.  The “memorable” events of the generations appropriated by the Mastercard also work to create primary and secondary levels of signification.  On the primary level, the events chosen suggest what we as Americans “remember” and hold dear—rock-and-roll and the Barbie doll, the fight for civil rights (only a “memory”—a thing of the past?), disco dancing and smiley faces.  These memories are presented to us in the typical pedagogy of American “soundbyte” history, and tell us what we are supposed to value.  Our accomplishments are matched to each other in ways that suggest they are all fixed in history, and exist on the same level of meaning and importance.  This is what moves us to the deeper connotations, the level of signification in which we can see how what moments are chosen suggest something about not just Mastercard, but about America.  Almost all of the events presented on the generational timelines given point to commodities created for purchase, beyond the Barbie doll (and all it signifies) we see the opening of the first McDonald’s and the invention of the Chia Pet.  These are offered for the general signification of shared culture, but paired with Martin Luther King’s “I Have A Dream” speech, for example, they suggest that everything is shared and simple and nothing but a fond memory.  There are also other memorable events that signify on secondary levels.  “Sandy Koufax pitches a perfect game” not only connects America with its favorite pastime, but equates America with athletic perfection.  “Alan Shepard plays golf on the moon” not only suggests American accomplishments in space, but on a secondary level seems to me to connote that we are so free/wealthy/etc. that we went to space for our own leisure purposes (the moon is our playground).  This also hints at a possible American “given,” that something has true value only insofar as we might exploit (though we wouldn’t use that word), own it, profit from it, or otherwise colonize it.  Again, with the card itself and with the signifiers of its text and images, the Generations Mastercard is not only selling credit, it is selling a particular version of the American dream.

            Obviously, Mastercard’s marketers are very aware of the connotations surrounding their choices and depictions of American lives and times.  They count on it to sell their credit (would so many of us really buy into credit debt if it was sold as debt?).  It is perhaps very telling that the Mastercard Generations stop with the Seventies.  What would we see on the Eighties Mastercard?  The humorous pratfalls of the Iran-Contra hearings?  The Trickle-Down credit card?  The Wall Street “Greed Is Good” Platinum Deluxe?  It’s perhaps telling, too, about the power of connotations, that we can simultaneously value “American hard work” (we work hard for our money) and Platinum credit status (because you’ve earned it?) in our marketing and popular rhetoric.