This video of Pat Condell saying what needs to be said was published last Thursday (January 15, 2015):
At Townhall, John C. Goodman presents and discusses two views of capitalism as expounded by Professor Johnathan Haidt.
The two views are summed up by these videos, made by Professor Haidt.
Capitalism as Exploitation
Capitalism as Liberation
John Goodman comments:
Now I would argue that one of these views of capitalism is factually incorrect. It’s not just a matter of “political and moral values” [as Haidt asserts]. In fact, in a video presentation of his theory, Haidt shows a chart mapping per capita income throughout all of human history. The chart shows (and this should be well known to all economists) that up until the last few hundred years the average human lived on about a dollar a day – in modern terms. At times and places, they might have enjoyed two dollars a day. If they were really, really lucky they might have hit three dollars a day. But that was it.
In other words, for 100,000 years our ancestors lived at the subsistence level. And then [with the advent of the Industrial Revolution – ed] we got capitalism. By that I mean not just free exchange, but also the institutions of capitalism, including enforceable property rights …
In all its guises the exploitation theory has one central message: the reason why some people are poor is because other people are rich. Here is Paul Krugman explaining why middle income families don’t have higher incomes. …
Soaring incomes at the top were achieved, in large part, by squeezing those below: by cutting wages, slashing benefits, crushing unions, and diverting a rising share of national resources to financial wheeling and dealing. Perhaps more important still, the wealthy exert a vastly disproportionate effect on policy. And elite priorities — obsessive concern with budget deficits, with the supposed need to slash social programs — have done a lot to deepen the valley of despond.
Really? J K Rowling (author of the Harry Potter series) is the richest woman in the world. Did she get rich by “cutting wages, slashing benefits, crushing unions,” etc.? I thought she got rich by writing books. How about Oprah? Has she “slashed” any benefits lately? What about Bill Gates and Warren Buffett? When is the last time they were out there encouraging scabs to cross a picket line?
Krugman’s point about political influence is almost as silly as his view of the economy. Earth to Krugman: the real base of the Democratic Party (the party of the left) has become the ultra-wealthy. And their political goals are harmful to the middle class, but not in the way that Krugman imagines. …
The problem for Democrats is that the party is increasingly ruled by the “new oligarchs” … [who] are basically anti-job creation and anti-economic growth – which they see … as a threat to their life style. This puts them squarely at odds with the working class voters who used to be the backbone of the Democratic Party. …
The Democratic Party is [now] the party of the poor and the rich. It’s the middle class that is bolting and voting Republican. And what do the rich want from Democrats? Contra Krugman, they’re not demanding smaller deficits or smaller social programs or even lower taxes. What they want – in addition to looney environmentalism – is for government to protect their life style.
Once the plutocrats settle in a community they become fiercely anti-development and shape their communities in ways that price the middle class out of the housing market. As a result, wherever wealthy liberals tend to congregate, housing is more expensive …
Limousine liberals are a threat to the average worker. But not because they are wage-suppressing, union-busting, exploiters. It’s because their anti-capitalist goals are at odds with the aspirations of ordinary Americans.
It seems to be the case that most – probably all – of the successful entrepreneurs who live in Silicon Valley vote Democratic. Having achieved their own riches in the freedom of opportunity for the individual that the capitalist system gave them, they vote for socialism and the removal of individual freedom that it ensures, so others cannot do what they did.
Fossil fuels are very, very, very good for the planet.
We quote Investor’s Business Daily:
We go to Alex Epstein, founder of the Center for Industrial Progress, who just this year wrote The Moral Case for Fossil Fuels.
In the last 80 years, as CO2 emissions have most rapidly escalated, the annual rate of climate-related deaths worldwide fell by an incredible 98%. This means the incidence of death from climate is 50 times lower than it was 80 years ago … Once again, the leading experts we were told to rely on were 100% wrong. It’s not that they predicted disaster and got half a disaster — it’s that they predicted disaster and got dramatic improvement.
And yet again, we find that trusting the “leading experts” on global warming and climate change is a mistake. Trust the data, trust the evidence, trust reality — but be skeptical of experts who have a political agenda.
The politically correct establishments and media of the Western world protect Islam from criticism no matter what is done in its name. But they have made an exception of the Islamic State (IS/ISIS/ISIL). Or rather, they claim – ludicrously – that IS/ISIS/ISIL has “nothing to do with Islam”.
That exception explains why a documentary about Muslim men of IS/ISIS/ISIL selling Yezidi women and girls as slaves, was actually produced by the BBC.
Here’s the clip:
Words fail us.
An Egyptian atheist dares to speak the truth about Islam on television, and argues with a – thoroughly deluded, or deliberately lying – imam:
It would say a lot for Egypt under President Sisi if Ahmad Harqan can speak this freely with impunity. But is that the case?
This information accompanies the YouTube video captured by Memri:
“In an October 21 TV interview, Egyptian human rights activist Ahmad Harqan explained why he had become an atheist and said that Islam is a “harsh religion”, which was being implemented by ISIS and Boko Haram. They are doing “what the Prophet Muhammad and his companions did”, said Harqan. According to media reports, Harqan and his pregnant wife survived an assassination attempt on October 25, and when they went to the police to complain, were arrested for disrespect to Islam.”
We hope we will learn what happens to them.
Sheriff Scott Jones of Sacramento County, California, sends a sensible, temperate, but urgently important video message to President Obama about immigration reform:
At UC Berkeley, students are content to let the flag of ISIS be waved on their campus, and some even wish the flag-waver “Welcome!” and “Good luck!”.
When he switches to an Israeli flag, students shriek fury at him.
At the eleventh hour of the eleventh day of the eleventh month of 1918, the unnecessary Great War came to an end. A great part of a generation of young men was wiped out. And Europe itself began to die.
The song is sad, rather beautiful, and apt. But we need to say that we don’t share the final message on the screen. We reject the political philosophy of anarchism without reservation. We know that our liberty can only exist with the protection of the rule of law. And that it needs strong defense.
… to get the perfectly horrible health care law passed.
For the Left, the end always justifies the means.
See how smug Jonathan Gruber, architect of Obamacare, looks as he shares his joke about the “stupidity” of the American voter.
Here’s what he says, so you can mull it over:
This bill was written in a tortured way to make sure CBO did not score the mandate as taxes. If CBO scored the mandate as taxes, the bill dies. So it was written to do that. In terms of risk related subsidies, if you had a law which made explicit that healthy people pay in and sick people get money it would not have passed. Lack of transparency is a huge political advantage. And basically, call it the stupidity of the American voter or whatever, but basically that was really, really critical to get the thing to pass.
Daniel Greenfield comments at Front Page:
So an Obamacare architect just admitted that the whole thing was built on a tower of lies and that it is indeed a tax.
As the Supreme Court ruled it is.
The passing of the Obamacare law was also a great leap forward on the road to serfdom.
It needs to be repealed.