

Stephen Karam’s The Humans , winner of the 2016 Tony Award for Best Play, is a masterclass in theatrical naturalism that secretly operates as a horror story about modern American life. On its surface, the play is a straightforward family drama: the Blake family gathers for Thanksgiving dinner in a rundown, pre-war duplex in Manhattan’s Chinatown. But beneath the peeling wallpaper and the sounds of thumping radiators, Karam crafts a world where language is a weapon, a shield, and, most importantly, a trap. The monologues in The Humans are not the soaring, cathartic soliloquies of classical theatre. Instead, they are anxious, fragmented, often interrupted confessions—verbal pressure valves releasing the terror of aging, debt, mortality, and the slow collapse of the American Dream. The Anti-Monologue: Interruption as Structure To understand the monologues in The Humans , one must first understand what Karam is not doing. He rejects the traditional model where a character clears the stage and delivers a perfectly formed argument or memory. In The Humans , a monologue often emerges from the chaotic polyphony of family dinner. A character will begin a story, only to be cut off by a phone call, a thud from the upstairs apartment, or another family member’s louder anxiety. This technique creates a profound sense of realism. No one gets to finish their thoughts. No one is truly heard.
He describes a recurring nightmare. In the dream, he is back at his alma mater, Scranton University. He goes to a dining hall where his former classmates are frozen, their faces “like wax.” He realizes he has been dead for 30 years. He looks at his own hands and sees they are transparent. Then, the nightmare’s core image: he is standing in the ruins of Pompeii, looking at the plaster casts of the volcano’s victims—people frozen in their final, terrified moments. He reaches out to touch one, and it crumbles to dust. the humans stephen karam monologue
comes when she describes the view from the window. She sees a sliver of the World Trade Center’s new tower. She pauses. The monologue shifts from performance to plea. She admits, almost to herself, “I just wanted a place that felt… permanent.” In that single word—“permanent”—Karam collapses the entire millennial anxiety of the play. Brigid’s monologue isn’t about an apartment; it’s about the desperate human need to build a nest in a world that feels structurally unsound. The monologue ends not with a triumphant declaration, but with a quiet, terrifying question: “This is okay, right?” Case Study: Erik’s “The Dream” Monologue (Act Two) The play’s emotional and psychological climax is Erik Blake’s Act Two monologue. Erik, the patriarch, has spent the entire evening unraveling. He is a man crushed by caregiving (for his senile mother, Momo), debt, and the physical toll of his blue-collar job. When the rest of the family finally leaves the room, Erik sits in the dark, and Karam allows him the play’s only true, uninterrupted soliloquy. Stephen Karam’s The Humans , winner of the
Brigid’s monologue is a masterwork of defensive optimism. She describes the apartment’s flaws—the tilted floors, the exposed wires, the lack of light—but spins each flaw into a virtue. She talks about the “character” of the pre-war building, the “adventure” of living in Chinatown, the “romance” of the broken buzzer. Her voice accelerates as she lists the renovation plans they’ll never afford. The monologues in The Humans are not the
Karam ultimately suggests that we are all alone in our fears. The family cannot save Erik from his existential dread; they cannot save Brigid from economic precarity. The monologue is the sound of a person realizing that the scariest thing isn’t the thumping radiator or the dark basement in the duplex—it’s the voice inside their own head that whispers, “You are not safe. You have never been safe.” For an actor, performing a monologue from The Humans is a unique challenge. There is no rhetorical flourish, no Shakespearean “to be or not to be.” There is only the terrifying task of thinking aloud in real time. Karam’s monologues demand that the actor play the attempt to articulate the inarticulable—the fear of financial ruin, the shame of a failing body, the dread of a future that looks exactly like the present.
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Evaluating LGD:
S&P Global Market Intelligence's LGD scorecards are used to estimate LGD term structures. These Scorecards are judgment-driven and identify the PiT estimates of loss. The Scorecards are back-tested to evaluate their predictive power on over 2,000 defaulted bonds.
The Corporate, Insurance, Bank, and Sovereign LGD Scorecards are linked to our fundamental databases, meaning no information is required from users for all listed companies and for a large number of private companies.
Final LGD term structures are based on macroeconomic expectations for countries to which these issuers are exposed. Fundamental and macroeconomic data is provided by S&P Global Market Intelligence, but users can again easily utilize internal estimates.
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Source: S&P Global Market Intelligence; for illustrative purposes only.
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Evaluating ECL:
ECL is then estimated for each investment. The final calculation brings together the PiT PD, PiT LGD, EAD, and effective interest rate (EIR) to estimate the present value of the discounted cash shortfalls (i.e., ECL).
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Source: S&P Global Market Intelligence; for illustrative purposes only.
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