A birthday to celebrate 161

Today is the anniversary of the birth of the great Austrian economist and political philosopher, F.A.Hayek.

This tribute to him comes from Investor’s Business Daily, by Gerald P. O’Driscoll Jr., senior fellow at the Cato Institute:

Hayek’s work, whether on economics, politics or law, focused on the ineluctable problems of uncertainty and incomplete information. In economics articles going back to the 1930s, he analyzed the price system as a mechanism for communicating information to buyers and sellers about the intensity of preferences for goods and their relative scarcity. He concluded that the information does not exist anywhere in its entirety and could not be centralized. … Socialist (really communist) societies relying on centralized planning would be characterized by gross economic inefficiencies.

Hayek was vindicated by subsequent events. The power of this argument is lost today on policymakers engaged in “planning lite,” attempts to allocate credit to favored industries and pick winners.

The Great Recession was in large part the consequence of such a policy. The Fed’s balance sheet is loaded up with housing finance paper. In “Ben Bernanke Versus Milton Friedman,” historian Jeffrey Rogers Hummel argues that the Fed has evolved from monetary authority to a credit allocator.

Hayek first began evolving his information argument in his monetary analysis. In 1932, he questioned whether deliberate monetary management could avoid economic fluctuations.

Friedman later developed the argument against discretionary monetary policy in a series of articles that detailed the information problems confronting a central bank. His argument later became encapsulated as the “lags” in monetary policy — i.e., the unpredictability of when the effects of monetary policy actions will be felt. Monetary policymakers give lip service to Friedman’s arguments, but ignore them in practice.

Hayek deftly summed up his argument on information in his 1988 book, The Fatal Conceit:

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

A market economy is a complex order, the outcome of societal evolution that confounds efforts to redesign it. The central tenet of classical liberalism was summed up by George Smith in his brilliant book, The System of Liberty:

Laissez faire in all spheres, personal, social and economic, was the fundamental presumption of liberalism — its default setting, so to speak — and all deviations from this norm stood in need of justification.

In America, by linguistic legerdemain, progressives transformed the meaning of liberalism into nearly the opposite of what it originally meant. Progressives became liberals, and true liberals lost their identity. Hence, we have the peculiar use of conservative to denote in America what had once been liberal thought.

So when Hayek wrote a famous essay on “Why I Am Not a Conservative,” he confabulated some American conservatives. He was not attacking American conservatism. Instead, he was combating the transplantation to America of a “European type of conservatism, which (is) alien to the American tradition.” That European conservatism upheld tradition and status over liberty and innovation.

Hayek argued there, and elsewhere, that liberalism must be the political philosophy of principles. Its central principle is individual liberty.

Hayek provided a much-needed program for American conservatives today. They must stand for free markets and free people. Free markets and free trade must be seen as the economic core of an opportunity society that provides hope for all. …

Hayek was born in Vienna at the high point of the global liberal economic order comprising free markets, free trade and capital movements, and the classical gold standard. That glorious edifice ended with World War I. So for decades he was arguing against the tide of history. Yet he lived long enough to be vindicated. His words, written over the course of much of the 20th century, constitute a message for today.

On the centenary of Hayek’s birth, May 8, 1999, Barun S. Mitra wrote a tribute to him, published by the Liberty Institute, India.

We quote from it:

Today, a wide range of people has acknowledged his contribution all over the world. From philosophers like Karl Popper, Robert Nozick … to political leaders like Ronald Reagan, Margaret Thatcher and Vaclav Klaus, to Nobel laureate economists like Milton Friedman, James Buchanan … and countless others. As the iron curtain was being built in the aftermath of World War II, Ludwig Erhard, the finance minister of West Germany turned to Hayekian ideas to rebuild his country. Half a century later when the iron curtain collapsed, leaders in many countries in Eastern Europe again turned to Hayek in their attempt to rebuild their societies. And Hayek is reportedly available on the bookshelf of even the Chinese Prime Minister.

If today, the world is witnessing a perceptible change in thinking, it is in no small amount due to the legacy of Hayek. …

No wonder commemorative events are being organised in London, Paris, Vienna, Washington, D.C., Montreal, Eastern Europe, and Central America. The Adam Smith Institute in the United Kingdom has named him the man of the century. …

Hayek was more than a Nobel Prize winning academic. He was an intellectual giant, who was also a gentleman to the core. The man, who went on to become one of the greatest champions of liberty, had begun his life as a young soldier in the Austro-Hungarian Empire and sent to the Italian front in 1917. An academic, whose “controversial ideas” were eventually recognised by the Nobel committee in 1974, Hayek was also an activist who was among the founders of the Mont Pelerin Society in 1948. This was an organisation dedicated to pursuing the intellectual battle against all forms of authoritarianism and tyranny at a time when it was fashionable to call oneself socialist. Today, it has hundreds of members, including many Nobel laureates, spread across all the continents. He inspired many to take up intellectual activism like the late Sir Anthony Fisher, the British businessman who founded the Institute of Economic Affairs in London in 1955. Over the years, IEA, an independent think tank, has produced countless policy papers and books on contemporary issues, and is recognised to have contributed to changing the popular perception that made the Thatcher revolution possible in Britain in the 1980s

Hayek was born in Vienna, Austria, on May 8, 1899, to August Edler von Hayek & Felicitas von Hayek. Even as a teenager, he was interested in philosophy, economics and ethics. But his studies were interrupted as he was called for military duty in 1917, and saw action on the Italian front. On his return from service he went back to college. In the 1920s Hayek was part of that heady circle in post-war Vienna, a group which featured some of the greatest minds of the century. He earned two doctorates, one in law and another in political science. He studied economics under Ludwig von Mises, one of the greatest exponents of the Austrian School. He left for England in 1931 worried about the rise of the Nazis in Germany. Hayek mainly taught at the London School of Economics, but had short spells at universities around world including, Cambridge, Chicago, Stanford, Tokyo, and Freiburg.

Hayek was one of those few fortunate people who lived to see the tumultuous events that shook the socialist empire, and be vindicated. In a letter written in 1989, he noted, “the ultimate victory of our side in the long dispute of the principles of the free market.” He must have been saddened at the enormous cost, both human and material, that was paid in pursuit of a doomed experiment.

Hayek died in  Freiburg on 23 March 1992.

Dispersed knowledge

In the 1930s, Hayek was the principal opponent Keynes. In various scholarly publications – Monetary Theory of Trade Cycle (1933), The Pure Theory of Capital (1941) – he had pointed out that business cycles are caused by monetary mismanagement in [government]. This contribution of Hayek was noted by the Nobel committee. Subsequent events have completely vindicated Hayek. Concerned about the stability of value, he wrote a radical essay in the 1976, “The Denationalisation of Money”, where he argued that it was a serious mistake to allow governments to monopolise the legal tender. He called for the freedom of the individuals to trade in whatever media of exchange they thought best.

Hayek emphasized that division of labour and division of knowledge were complimentary. Every individual possessed some specialized and local knowledge that was particular to his situation and preferences. Yet, the market, through the competitive price system, successfully coordinated all these bits of knowledge. Prices provide the incentive to invest in certain areas, and the information regarding the possible opportunities. Hayek explained, “We must look at the price system as such a mechanism for communicating information if we want to understand its real function… … The most significant fact about this system is the economy of knowledge with which it operates, or how little the individual participants need to know in order to be able to take the right action.” …

Spontaneous order

Hayek also developed the idea of “spontaneous order” to describe the progress of civilizations. Language, customs, traditions, rules of conduct, have all evolved without any conscious design, and without that freedom societies may not have evolved beyond primitive levels, he held. Advancement of society was dependent upon no one overall “plan” being imposed over the actions and plans of the individuals making up the society. Building on Adam Smith’s “invisible hand”, Hayek showed that planning need not necessarily lead to order and lack of a guiding hand need not degenerate in to chaos.

[Hayek wrote:]

It is largely because civilization enables us constantly to profit from knowledge which we individually do not possess, and because each individual’s use of his particular knowledge may serve to assist others unknown to him in achieving their ends, that men as members of civilized society can pursue their individual ends so much more successfully than they could alone.

This characteristic of the market where order seemed to develop quite spontaneously, along with dispersed nature of knowledge, raises one of the most fundamental questions on the utility of government intervention in the economy to achieve a particular end. The institutions created by government decree to provide direction to such intervention would under the best of circumstances simply be overwhelmed by the sheer volume of knowledge that they will need to process.

In contrast, the market routinely brings to order millions of evaluations undertaken by each individual participant. Hayek showed that progress arises from a continuous process of “discovery” wherein a variety of producers and consumers experiment with a wide range of possible opportunities to make profit. Most such experiments fail in the marketplace, and the innovators bear the cost taking the risk. But some succeed, and the benefits are enjoyed by all. That is the reason why in a free market, voluntary trade creates a win-win situation for all participants. …

The Road to Freedom

Hayek also published works more accessible to a wider public, which included books such as The Road to Serfdom (1944) and The Constitution of Liberty. The former has been nominated by journals like London’s Time Literary Supplement as one the noteworthy books of this century. Dozens of unauthorised editions of it were known to be in circulation among the underground activists in the Eastern block during the cold war. This book has now been published in many languages across the world. …

Then Mitra, looking at Hayek’s ideas from an Indian perspective, points out that India would have done well to have learnt what he taught:

We are concerned that after fifty years of independence, poverty is so wide spread, and as a measure to speed up the process of redistribution of wealth, we thought it prudent to abolish right to property as a fundamental right. Hayek had cautioned all those years ago that “The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those who do not.”

We want “social justice”, while Hayek warned that “There is all the difference in the world between treating people equally and attempting to make them equal”, and to attempt otherwise would only contribute to social collision. “Equality before the law and material equality are therefore not only different but are in conflict which each other; and we can achieve either one or the other, but not both at the same time”, wrote Hayek.

The world has had a bitter experience in the 20th Century. The dreams of a socialist-collectivist utopia were shattered by economic collapse and degenerated into tyrannical police states. According to historian Thomas Sowell, if one was to mark the time when the intellectual tide began to turn against the ideal of socialism then it was with Hayek’s [The Road toSerfdom. …

While the world is marking his centenary now, the next century could well belong to him. And ideas do change the world. Let us hope that the intellectual tide in favour of Hayek will become a tidal wave in the next millenium. Hayek’s Road to Serfdom may actually help pave the road to freedom for all of us.

If only!

It begins? 222

Is the citizens’ armed revolt against the tightening tyranny of the Left over all Americans beginning on the banks of the Virgin River?  

We’re slightly surprised but pleased that we found the following at GOPUSA (here). The very fact that it is a GOP report suggests that  a libertarian mood may be spreading among Republicans.

The militiamen rolled in to draw a line in the dirt.

About 70 miles northeast of Las Vegas, they set up camp on a sun-baked patch of land next to a bend in the Virgin River, keeping supplies – like rucksacks and sleeping bags – in neat piles under the roof of an abandoned shack.

Gruff and largely unshaven, dressed in camouflage fatigues and cut-off shirts, the men kept their intentions quiet, telling news reporters the reason they pulled their trucks into this rural desert town – on one of the hottest days of the year – is simple enough: “We’re here to camp,” said one man who would not share his name.

The group even had a sign, posted for arriving members: Militia Sign In.

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But they were really here to protect one of their own from the perceived enemies: a band of federal agents recently dispatched to the scrub desert to seize the cattle of embattled rancher Cliven Bundy.

“They’re here to protect Cliven’s family and home,” said Lynn Brown, one of Bundy’s daughters.

A 68-year-old Nevada native, Bundy has long been at the center of a battle with the Bureau of Land Management, the federal agency controlling the 150 miles of desert where the rancher’s cattle have roamed for decades. A renegade when it comes to any sort of government control, Bundy – the father of 14 children – has refused to pay BLM a dime of required grazing fees for his 900 cattle, a tab that has since reached $300,000. Bundy has fought the fee, he says, because his Mormon ancestors set up shop on the land long before the BLM formed.

We forgive him his Mormonism. The issue here is liberty. And private property, namely cows. (Although some Bundy defenders deny the importance of the cows – read on.)

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The problem? The land where Bundy’s cattle graze is federally owned, and the BLM now says the livestock aren’t supposed to be there. Federal agents this week cordoned off sections of land and sparked a monthlong operation to seize the cattle.

Tensions boiled over this week when a scuffle between the BLM and Bundy’s supporters ended in violence: Agents reportedly used a stun gun to subdue Bundy’s son and knocked his daughter to the ground. Though called “brutal” by some, the brawl did not land anyone in a hospital or jail.

But the incident did prompt Operation Mutual Aid – a national militia with members from California to Missouri – to visit Bundy’s ranch and set up a camp just in case things got out of hand again. Before their arrival …  dozens of Bundy’s friends and relatives gathered at a protest camp in solidarity for the recent woes that have colored his rustic ranch.

Traveling from as close as St. George – and as far as Montana – a mix of characters waved picket signs at an encampment just before a bridge over the Virgin River, protesting the BLM’s campaign.

“This is a better education than being in school! I’m glad I brought you. I’m a good mom,” said Ilona Ence, a 49-year-old mother from St. George and Bundy relative who brought her four teenage kids to the ranch. “They’re learning about the Constitution.”

Ence’s 19-year-old son Kayden and his brothers shared their opinion with a sign of their own: “CONTROL OUR BORDERS! NOT OUR RANCHERS!” …

As the temperature crept into the 90s, supporters drove by – beeping their horns and delivering water drinks so the protesters could keep hydrated.

Jack Faught, Bundy’s first cousin, drove his forest green 1929 Chevy truck from Mesquite loaded with water and Gatorade.

“It’s not about the cows,” he said. “It’s about the freedom to make our own choices close to home.”

Polo Parra, a 27-year-old tattoo artist from Las Vegas, even showed up with two of his friends to support the rancher. Dressed in baggy clothes and covered in tattoos, the group carried signs that read “TYRANNY IS ALIVE” and “WHERE’S THE JUSTICE?” in red spray-painted letters.

One of Parra’s friends, who would not share his name, had a pistol tucked in his waistband.

“I think it’s bull, and it really made me mad,” said Parra, who decided to make the trip when he heard about the violence that broke out on the ranch. “This isn’t about no turtles or cows.”

Turtles?

The land in question — the 600,000-acre Gold Butte area — is a habitat of the endangered and federally protected desert tortoise.

Harry Pappas, a 60-year-old native and “concerned citizen,” grabbed the microphone at a makeshift podium and blasted the BLM.

“It’s all a fraud,” Pappas said, arguing the BLM’s preservation of the desert tortoise was just a way to “get rid of all the ranchers.”

The BLM does not totally oppose freedom: it allows freedom of speech, for instance, in certain defined areas! 

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The BLM drew criticism for creating “First Amendment areas” — patches of land where protests are allowed. …

The First Amendment debacle caught the attention of Gov. Brian Sandoval, who ordered the BLM not to limit the constitutional rights of Nevadans.

But the governor backed off from his statement after violence broke out at Bundy’s ranch:

“The ability to speak out against government actions is one of the freedoms we all cherish as Americans. Today I am asking all individuals who are near the situation to act with restraint,” Sandoval said. “Although tensions remain high, escalation of current events could have negative, long-lasting consequences that can be avoided.”

And here we are hoping that these events will have long-lasting consequences that cannot be avoided.

The ordeal disturbed Jeff Voorhees, a 50-year-old resident of Toquerville, Utah, who called Bundy’s lifestyle “one of the last bastions of American freedom”. 

Well said, Jeff!

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How will it be? 56

Contrary to Marxian dogma, no historical development is inevitable. And all actions have unintended consequences. So prophecy is a risky enterprise.

But we have to calculate the probable outcomes of what we do.

Daniel Greenfield has prophesied – plausibly, we think – what will happen when America ceases to be the predominant power in the world.

International organizations will be good for little except sucking up the last drops of wealth and prestige of the United States. It will be a chaotic place with everyone out for themselves. …

There will be three post-ideological powers, no longer global in scope, and one worldwide ideological alliance.

The United States, Russia and China are post-ideological states. Russia and China have abandoned Communism. The United States is even abandoning nationalism; to say nothing of capitalism, democracy or freedom. Its rulers cling to scraps of global leftist ideology that isolate them from their own people.

Russia and China are run by powerful corrupt elites who emerged from the old Communist order to build economic oligarchies enforced by the ruthless use of force. The United States is increasingly run by an oligarchy of ideological bureaucrats, corrupt technocrats and leftist academics that has a distant resemblance to the USSR and the PRC; but its long march through the institutions hasn’t turned fully totalitarian yet. That may be less than a generation away.

Russia, China and the United States are all demographically unstable. Russia and the United States are both on track to become majority-minority countries. China’s demographic disaster will be the outcome of its one child policies, gender abortion and its war on the countryside. The United States will probably weather its demographic problems better than Russia or China, because the former faces a fatal Muslim demographic takeover and the latter a conflict that will tear its society apart, but like Russia and China, the demographic crisis in the United States will be exacerbated by the lack of common bonds to see it through a period of social stress.

Russia and China will fall back into their own history, collapse and isolationism for China, barbarian rule for Russia. The United States has no such history to fall back on and its elites have abandoned any meaningful national identity that doesn’t rely on pop culture and liberal pieties.

There is little to unify Russia or China … The KGB oligarchs of Russia and the Communist princes of China are as globalist as any Eurocrat. They have few national commitments. Their goals are wealth and power for their families and associates.

Unfortunately there is even less to unify the United States after the left embraced multiculturalism at the expense of exceptionalism. The erosion of everything from free speech to the free market has reduced the American Dream from individual opportunity to vulgar exhibitionism. Uncontrolled immigration has imported masses of hostile populations everywhere from Nashville to Minneapolis radically changing quintessentially American cultures and replacing them with balkanized minority coalitions who have little in common except a mutual hostility against the United States.

In contrast to the cultural vulnerabilities of the three powers, Islam, the defining global ideological alliance, lacks a superstate as the center of its empire, though it has many state bases, but enjoys the allegiance of a worldwide population larger than any of the three powers. Demographic projections continue to favor the growth of Islam over China, Russia and the United States.

It would be a mistake however to think that China, Russia and the United States are in a conflict with Islam. While Islam is in a conflict with them, each of the three powers divides Muslims into three groups; those Muslims that are within the “empire”, part of China, Russia’s Eurasian Union or the United States, those that are outside the “empire” but allied to it, e.g. Syria for Russia, Saudi Arabia for the United States and Pakistan for China, and those that are its separatist or terrorist enemies.

Instead of coming to terms with a global struggle with Islam, each power largely concentrates on fighting Muslim separatist or terrorist groups that destabilize its sphere of influence while arming, funding and supporting those Muslim separatist and terrorist groups that destabilize rival powers.

It is therefore simplistic to act as if America, Russia and China have a common interest in fighting Islam. While that may be true, that is not how the leaders of the three powers see it. Putin fights some Islamists while incorporating others into his allied clergy and helping still others go nuclear. The United States bombs the Taliban, but would never consider bombing their paymasters in Saudi Arabia, Kuwait and Qatar.

Muslim terrorists operate in all three powers, but are dismissed as unrepresentative aberrations. That is wishful thinking, but empires are shaped to fight their own kind. Islam, like Communism, is something different. It is an ideology and post-ideological powers … are poorly adapted to fighting it. Instead many of their elites secretly admire its dedication. …

Like a hyena trotting after prey, Islam is a cultural carrion eater consuming the skills and knowledge of superior civilizations to sustain its warlordism …

The collapse of the Pax Americana under Obama has freed up Russia and China to begin their campaigns of territorial expansionism. Obama’s failure to deter Russia in Ukraine will encourage China to use force as a solution to territorial disputes in the South China Sea. These events will wake the world from the dream of the Pax Americana in which American power kept the peace in much of the developed world.

The end of the Pax Americana also means the end of international law. Instead of a post-American world ushering in a stable multilateral order … no single power will predominate, but … any country or militia that can seize a piece of land or a natural resource will go ahead and do so. …

The First World may wake up to discover that it is once again living under Third World rules.

Those most immediately affected by the decline of the United States will be the Asian and European countries that outsourced their defense to the United States after WW2. Japan has a limited time in which to turn around its economy, demographics and military to be able to face down China.

Europe was able to turn inward without having to make the hard choices and its elites were even able to drag the United States into implementing their vision internationally. But that is coming to an end. …

The European Union may implode in the coming years, but whether it does or does not, Western Europe will continue to be defined by the quarrels between the UK, France and Germany. The various other players have never been anything other than places to put factories, launder money or import cheap labor from. …

Europe, unlike the United States, has not been known for its altruism, and its nations face a crippling combination of problems. Europe suffers from Japanese birth rates, Russian demographics, Chinese corruption and American economics (though it would be more accurate to say that America suffers from EU economics.) Despite its size and population, Europe does not have an optimistic future. …

Russia will not stop with Ukraine and NATO will dissolve, officially or unofficially. It may stay around and limit itself to providing humanitarian aid internationally while expelling Poland and any countries that Russia is likely to want to add to its collection. …

The budding Russian empire will find that fighting a new wave of Muslim insurgencies in formerly peaceful republics will consume too much of its time and energy. The soldiers who will march on the scattered pieces of the old red empire will be Muslims and the Eurasian Union will become a Muslim empire with a handful of churches. Like Rome, its fall will come at the hands of its own barbarians.

Iraq and Afghanistan will not prove to be as psychologically devastating to Americans as Vietnam, but they will help discourage further deployments overseas. Severe military budget cuts and a campaign against the warrior culture will leave the military in no shape for anything except peacekeeping missions.

The United States will face escalating domestic unrest, less from militias than from gangs, terrorism and the economic collapse of entire cities. It will no longer be in a position to act abroad.

None of this has to happen, but it will if the same bad decisions continue to be made.

If eight years of Obama are topped by eight years of Hillary, this is where we will end up.

The writer points out that if the civilized world fails to resolve its “economic, demographic and military crises … the civilization in which we have grown up and which we have known all our lives will die and a long interregnum of darkness will follow in its wake”.

Yes, that’s all too probable, and profoundly horrible.

But it may be that an entirely different kind of civilization will emerge. That technologies – already in the womb of time – will set the individual freer than he could ever possibly have been before. That governments will lose power. That social elites without technological skills will lose credibility. That law-making will be done by new procedures, and the nature of law and the manner of its enforcement will change to fit new ideas of how liberty may be protected. That religion – so outworn and squalid a thing, a mere relic of an ignorant past – will wither away, perceived at last to be worse than useless.

There now, we ourselves have ventured beyond speculation and touched on prophecy. And because prophecy cannot be accurate, we are not likely to be right. But by the same token, we may not be entirely wrong.

Green is so yesterday 209

The Europeans made nearly a $100 billion wrong bet on renewable energy, and their economies and citizens have taken a big hit. Now they’ve awakened to their mistakes.

We confess to enjoying more than a little Schadenfreude over this report.

It comes from Investor’s Business Daily:

The media aren’t paying much attention, but in recent weeks Europe has decided to run, not walk, as fast as it can away from the economic menace of green energy.

That’s right, the same Europeans who used to chastise us for not signing the Kyoto climate change treaty, not passing a carbon tax and dooming the planet to catastrophic global warming.

In Brussels last month, European leaders agreed to scrap per-nation caps on carbon emissions. The EU countries — France, Germany, Italy and Spain — had promised a 40% reduction in emissions by 2030 (and 80% by 2050!). Now those caps won’t apply to individual nations.

Brussels calls this new policy “flexibility”.  Right. More like “never mind”, and here’s why: The new German economic minister, Sigmar Gabriel, says green energy mandates have become such an albatross around the neck of industry that they could lead to a “deindustrialization” of Germany.

Chancellor Angela Merkel said earlier this year that overreliance on renewable energy could cause “a problem in terms of energy supply” — and she’s always described herself as a green politician and a champion of these programs.

A good example that of how politicians, preoccupied with riding the winds of popularity, fail to think things through.

But green dreams have collided with cold economic reality.

Of course they have. The only question was how long it would take.

Green programs aren’t creating green jobs but green unemployment at intolerable double-digit rates.

The quip in economically exhausted Europe these days is that before we save the planet, we have to save ourselves.

Now European leaders are admitting quietly that they want to get into the game of fracking and other new drilling technologies that have caused an explosion of oil and gas production in the U.S. …

If Europe wants to remain competitive, these nations must tap the fountain of abundant and cheap shale gas and oil. … European leaders now realize a major factor behind the economic woes in euroland is that electric power costs are two to three times more expensive than in the U.S.

Consider the price of natural gas in the U.S. vs. other nations in the chart below. U.S. prices are about three to four times lower.

… Few American politicians get it. President Obama talked in his State of the Union speech about doubling renewable energy output over the coming years. … these are exactly the goals the Europeans are abandoning. Why chase the losers?

Why not try a different approach to energy policy? Get rid of all taxpayer subsidies for energy — oil, gas, wind and solar power, biofuels, electric-battery-operated cars and others — and create a true level playing field where every energy source competes on efficiency and cost rather than political/corporate favoritism?

We guess that will not happen while Obama is president. He remains green in judgment.

Government is bad for the economy 117

A truth that should be universally acknowledged is that everything a government does it does badly. Sure, there are some things only government can do, or should do: first and foremost, if not only, defend the nation and protect individual liberty. And those are two things Obama doesn’t want to do.

Government meddling in the economy is at the very least a brake on prosperity, at worst a wrecker. (Vide Greece and Detroit.)

Thomas Sowell writes:

Since this year will mark the 50th anniversary of the “war on poverty,” we can expect many comments and commemorations of this landmark legislation in the development of the American welfare state. The actual signing of the “war on poverty” legislation took place in August 1964, so the 50th anniversary is some months away. But there have already been statements in the media and in politics proclaiming that this vast and costly array of anti-poverty programs “worked.”

Of course everything “works” by sufficiently low standards, and everything “fails” by sufficiently high standards. The real question is: What did the “war on poverty” set out to do — and how well did it do it, if at all?

Without some idea of what a person or a program is trying to do, there is no way to know whether what actually happened represented a success or a failure. When the hard facts show that a policy has failed, nothing is easier for its defenders than to make up a new set of criteria, by which it can be said to have succeeded. 

That’s what has happened with the “war on poverty.” It has failed, but the government and its hallelujah chorus will pretend otherwise.

Both President John F. Kennedy, who launched the proposal for a “war on poverty” and his successor, Lyndon B. Johnson, who guided the legislation through Congress and then signed it into law, were very explicit as to what the “war on poverty” was intended to accomplish.

Its mission was not simply to prove that spending money on the poor led to some economic benefits to the poor. Nobody ever doubted that. How could they?

What the war on poverty was intended to end was mass dependency on government. President Kennedy said, “We must find ways of returning far more of our dependent people to independence.” The same theme was repeated endlessly by President Johnson. The purpose of the “war on poverty,” he said, was to make “taxpayers out of taxeaters.” Its slogan was “Give a hand up, not a handout.” When Lyndon Johnson signed the landmark legislation into law, he declared: “The days of the dole in our country are numbered.”

Now, 50 years and trillions of dollars later, it is painfully clear that there is more dependency than ever.

Ironically, dependency on government to raise people above the poverty line had been going down for years before the “war on poverty” began. The hard facts showed that the number of people who lived below the official poverty line had been declining since 1960, and was only half of what it had been in 1950.

On the more fundamental question of dependency, the facts were even clearer. The proportion of people whose earnings put them below the poverty level – without counting government benefits – declined by about one-third from 1950 to 1965.

All this was happening before the “war on poverty” went into effect – and all these trends reversed after it went into effect.

The more the government does to “fight poverty”, the more poverty grows and spreads. Year after year, under the Obama administration, the number who “need” government assistance has increased, so that, according to the US Department of Agriculture (USDA) as reported by CNS News –

A record 20% of American households, one in five, were on food stamps in 2013 … and …  the cost of the Supplemental Nutrition Assistance Program (SNAP), was at an all-time high.

The USDA says that there were 23,052,388 households on food stamps in the average month of fiscal 2013, an increase of 722,675 from fiscal year 2012, when there were 22,329,713 households on food stamps in the average month. …

In the past five years alone, the number of households on food stamps has greatly increased. In fiscal year 2009 – Oct. 1, 2008 through Sept. 30, 2009 — the number of households on food stamps was 15,232,115. Five years later, in 2013, that amount had increased by 51.3% to reach 23,052,388 households.

It should be remembered that most of “the poor” in America are comparatively well off,  the least poor of the world’s  poor.

But if government would stop interfering, the economy would grow faster and people would have a better chance of doing well, and even becoming really (maybe gloriously) rich.

Always, figuratively speaking, the fatter the government, the thinner the people.

The difference at a glance 313

From Daniel J. Mitchell of the Cato Institute.

Also, from the same source comes this:

THE FABLE OF THE ANT AND THE GRASSHOPPER  …  THE PC VERSION

TRADITIONAL VERSION

The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the ant is warm and well fed.

The grasshopper has no food or shelter, so he dies out in the cold.

MORAL OF THE STORY: Be responsible for yourself!

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OBAMA-REID-PELOSI VERSION

The ant works hard in the withering heat and the rain all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while he is cold and starving.

CBS, NBC, PBS, CNN, and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food.

America is stunned by the sharp contrast.

How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so?

Kermit the Frog appears on Oprah with the grasshopper and everybody cries when they sing, ‘It’s Not Easy Being Green.’

ACORN stages a demonstration in front of the ant’s house where the news stations film the group singing, “We shall overcome.” Then Rev. Jeremiah Wright has the group kneel down to pray to God for the grasshopper’s sake.

President Obama condemns the ant and blames capitalism for the grasshopper’s plight.

Nancy Pelosi & Harry Reid exclaim in an interview with Larry King that the ant has gotten rich off the back of the grasshopper, and both call for an immediate tax hike on the ant to make him pay his fair share.

Finally, the EEOC drafts the Economic Equity & Anti-Grasshopper Act retroactive to the beginning of the summer.

The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the Government Green Czar and given to the grasshopper.

The story ends as we see the grasshopper and his free-loading friends finishing up the last bits of the ant’s food while the government house he is in, which, as you recall, just happens to be the ant’s old house, crumbles around them because the grasshopper doesn’t maintain it.

The ant has disappeared in the snow, never to be seen again.

The grasshopper is found dead in a drug related incident, and the house, now abandoned, is taken over by a gang of spiders who terrorize the ramshackle, once prosperous and once peaceful, neighborhood.

The entire Nation collapses bringing the rest of the free world with it.

MORAL OF THE STORY: If you choose to become a parasite, don’t kill your victim.

Posted under Capitalism, Socialism by Jillian Becker on Sunday, January 12, 2014

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Thanks to private property 213

There is much that we like about libertarianism, but have points of strong disagreement with most of the libertarians we listen to and read. The one we find ourselves most often in agreement with is John Stossel.

Here is his reminder of what we ought to be thankful for on Thanksgiving day: private property. The history of the Pilgrims bears a powerful message that private property is a way to life, liberty, and happiness, while communism is the road to starvation:

Had today’s politicians and opinion-makers been in power four centuries ago, Americans might celebrate “Starvation Day” this week, not Thanksgiving.

The Pilgrims started out with communal property rules. When they first settled at Plymouth, they were told: “Share everything, share the work, and we’ll share the harvest.”

The colony’s contract said their new settlement was to be a “common.” Everyone was to receive necessities out of the common stock. There was to be little individual property.

That wasn’t the only thing about the Plymouth Colony that sounds like it was from Karl Marx: Its labor was to be organized according to the different capabilities of the settlers. People would produce according to their abilities and consume according to their needs. That sure sounds fair.

They nearly starved and created what economists call the “tragedy of the commons.”

If people can access the same stuff by working less, they will. Plymouth settlers faked illness instead of working the common property. The harvest was meager, and for two years, there was famine. But then, after the colony’s governor, William Bradford, wrote that they should “set corn every man for his own particular,” they dropped the commons idea. He assigned to every family a parcel of land to treat as its own.

The results were dramatic. Much more corn was planted. Instead of famine, there was plenty. Thanks to private property, they got food — and thanks to it, we have food today.

This doesn’t mean Pilgrims themselves saw the broader economic implications of what they’d been through. “I don’t think they were celebrating Thanksgiving because they’d realized that capitalism works and communal property is a failure,” says economist Russ Roberts. “I think there were just happy to be alive.”

I wish people understood. This idea that happiness and equality lie in banding together and doing things as a commune is appealing. It’s the principle behind the Soviet Union, Medicare, the Vietnam War, Obamacare and so on. …

The Pilgrims weren’t the first settlers on the East Coast of the New World to make this mistake.

Just a few years before, the colony of Jamestown was almost wiped out by the same idea.

Historian Edmund S. Morgan, in “American Slavery, American Freedom: The Ordeal of Colonial Virginia,” describes what happened in 1609-1610: “There are 500 people in the colony now. And they are starving. They scour the woods listlessly for nuts, roots and berries. And they offer the only authentic examples of cannibalism witnessed in Virginia. One provident man chops up his wife and salts down the pieces. Others dig up graves to eat the corpses. By spring only sixty are left alive.”

After that season, the colony was abandoned for years.

The lesson that a commons is often undesirable is all around us. What image comes to mind if I write “public toilet”? Consider traffic congestion and poor upkeep of many publicly owned roads. But most people don’t understand that the solution is private property.

When natural resources, such as fish and trees, dwindle, the first impulse is to say, “Stop capitalism. Make those things public property.” But they already are public — that’s the problem.

If no one owns the fishing rights to a given part of the ocean – or the exclusive, long-term logging rights to part of the forest – people have an incentive to get there first and take all they can before the next guy does. Resources are overused instead of conserved. We don’t maintain others’ property the way we maintain our own. …

No one starves when ranchers are allowed to own land and cattle. Or turkeys.

Private ownership does good things.

Tsar Vladimir the Magnificent 2

When it comes to magnificent life-styles, King Barry of America has a long way to go to catch up with Tsar Vladimir of Russia.

Now we declare unequivocally that we are made happy by the outward signs of riches. We love abundance, and the best that human hands can build and make however costly the things may be. When people gain great wealth by supplying other people’s wants (or by luck), we applaud. We hear the sound of the invisible hand clapping.*

The world cannot be too full of man-made glory. Let there be palaces, let there be yachts, let there be private jets. Let jewels adorn the beautiful and the ugly alike.

We have no moral objection to extravagance. We see “conspicuous consumption” not as something to inspire disgust, and certainly not envy, but as incentive to those among us who have not yet become conspicuous to keep on trying to be – if they so wish. (We ourselves – in case our readers are wondering – do not live magnificently, but we haven’t despaired.) We abhor poverty, not plenty. 

We make one proviso – that the owners acquire their possessions with their own money.

King Barry and Tsar Vladimir pay for their luxury with the money they take from tax-payers. They can do this because they are elected heads of government. Governments hold the people’s money in trust. They should spend it frugally, account to the people for every penny of it, justify every expense. Not to do so is corruption. There is no justification for King Barry to spend millions on a vacation. But at least he has not yet spent American tax-payers’ money (as far as we know) on gold watches and … a toilet seat costing £47,000 ($76, 000)?  Good grief! What the hell is the thing made of?

This is from the MailOnline:

Palaces, yachts, white gold watches and a £47,000 toilet on his plane are just a few of the presidential perks Vladimir Putin enjoys, according to a damning new report.

In 2008 the reinstalled Russian President famously compared his life in office to a “galley slave” during a press conference.

But now a lavish list of luxuries at his disposal have been revealed by Boris Nemtsov, a former deputy prime minister turned Putin critic.

Nemtsov estimated that the maintenance of Putin’s residences, jets and cars alone costs £1.6 billion a year.

The 32 page document listed 58 planes and helicopters and 20 homes with opulent fittings worthy of the tsars, not to mention 11 watches which alone are worth several times Putin’s annual salary.

Published under the ironic title The Life of a Galley Slave, it denounced the lavish spending as an affront to millions of Russians living in dire poverty.

Listed in the report are –

20 palaces and villas: with opulent fittings worthy of the tsars

15 helicopters

43 aircraft available include an Airbus, two Dassault Falcon executive jets and an Ilyushin Il-96 airliner that features an $11 million cabin fitted out by jewelers – and that toilet which, the report says, cost close to £47,000

A 53.7-metre yacht: with a designer interior, a spa pool, waterfall and wine cellar

A waterfall on a yacht? Well, there’s no accounting for taste. And that yacht, the report says, is “relegated to second best” to –

A five-decked yacht: with a jacuzzi, barbecue, a maple wood colonnade and a huge bathroom faced in marble.

The authors also identified from photographs a total of 11 luxury timepieces on the wrist of the head of state and calculated their total value at some £400,000, while noting Putin had declared an annual income less than £700,000.

The text was accompanied by photographs of luxurious homes, jets, helicopters, cars and watches, complete with footnotes citing Russian media as sources for many of the items.

Nine new residences had been added to the list available to the president since Putin first became head of state in 2000, it said.

Homes he could retreat to across the country ranged from seaside palaces to a ski lodge, and boasted everything from saunas and billiard rooms to a ‘presidential church’.

The president of Russia needs his own church? To worship himself perhaps? N0-no – he’s a Christian.

Putin … once dismissed talk of him being a billionaire as “snot from the noses of Western reporters smeared on paper”.

A colorful turn of phrase, the Tsar has.

However, there is one thing we like about Tsar Vlad’s evolution from a Communist to a Plutocrat: it indicates that nobody can really like Communism – not for himself, anyway.

 

*Footnote: Two allusions here. One to the “invisible hand” of the free market, of course. The other to the Zen Buddhist koan (nonsensical riddle to confuse your faculty of reason): “What is the sound of one hand clapping?”

Posted under Capitalism, Commentary, communism, corruption, Economics, Ethics, News, Russia, Socialism, United States by Jillian Becker on Sunday, October 20, 2013

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Saved from Communism – and flourishing 79

“Stalin was a banner of creativity, of humanism and an edifying picture of peace and heroism!” declared Salvador Allende during a eulogy in 1953 to the Soviet mass-murderer.  

Allende became the Communist president of Chile in November 1970. Fortunately, he was thrown out of power on September 9, 1973.

Now the triumph of capitalist Chile needs to be celebrated, and its economic ways emulated throughout the world.

This is from Investor’s Business Daily, by Monica Showalter:

By the looks of the bright, shiny Chilean capital, where it’s possible to shop at Starbucks, H&M or Banana Republic, dine at globally ranked restaurants … or marvel at the world-class architectural engineering of the continent’s tallest skyscrapers that escaped Chile’s 2010 8.8-scale earthquake unscathed, it’s hard to believe that 40 years earlier Chile was a tottering democracy in ruins, well on its way to becoming a Soviet-Cuban satellite.

The country changed course by a legislatively ordered military coup in 1973, which to this day remains globally reviled as if it were a destruction of democracy that came out of a vacuum.

But the hard fact is, the military action led by Gen. Augusto Pinochet on Sept. 11, 1973, effectively turned back the global ambitions of an emboldened Moscow-Havana communist axis, which sought to take over South America as an enfeebled U.S reeled from the Vietnam War.

That strategy was to create a sort of “red sandwich” on the South American continent, with Cuba in the northeast and Chile in the southwest, and both sides training terrorists and revolutionaries to move inward and northward until they could reach the final prize: Mexico.

Pinochet turned it back … He [eventually] stepped down as promised … 

Yet, instead of being seen as a hero who saved his country from a totalitarian fate, both the global and Chilean establishment, taking their propaganda cues from an embittered Cuba, continue to paint Pinochet as a villain and his action to save his country as a tragedy.

In reality, Pinochet was, as historian Paul Johnson noted, “the most misunderstood man of the 20th century”.

See, Chile’s story might not have ended in skyscrapers, OECD membership, a per capita income of more than $18,000, the region’s highest transparency, lowest infant mortality, least corruption and negative net debt had Pinochet just sat there and held the fort. And even that would have been a huge improvement over communism.

But besides blowing out a communist beachhead, Pinochet instituted the world’s first genuine free-market reforms. They effectively transformed his country from a messy Latin American semi-democracy into a first-world country with a booming economy.

Years before Reagan and Thatcher began their earth-shaking revolutions, which finished off communism as a cause and put even leftist politicians on the defensive around the world, Pinochet turned his nation’s fiscal matters over to a group of young economists trained by Milton Friedman.

Known as “Los Chicago Boys”, they had the decree powers of a military regime but the ideas of free markets. Using both, they effectively privatized state-owned industries, broke up crony capitalist cartels, enacted airtight property rights, cut red tape, opened Chile’s markets to the world — bringing its wines, seafood, fruits, timber, copper and, now, high-tech to the West in quantities never before seen — reformed social security, and, after a few miscues, restored the integrity of the country’s currency, credit rating and fiscal discipline.

What’s more, their reforms stuck, even as the country continued to re-elect socialist governments, because the institutions were so strong and the culture of ownership was so great. …

The left’s effort to revile Pinochet out of all proportion to the crimes of the era — while excusing the far more severe crimes of Cuba’s Castro and the Nicaraguan Sandinistas — ultimately amounts to an angry left’s effort to discredit Pinochet’s most lasting legacy: the free market revolution.

And this is from Townhall, by Humberto Fontova (also quoted at the top of this post):

On September 11, 1973 the Chilean military led by General Augusto Pinochet slapped Fidel Castro so smartly that his Stalinist regime (and its dutiful U.S. Media minions) are still sniveling and sniffling and wiping away tears of shock, pain and humiliation.

We feel your happiness, Humberto!

True to form, The New York Times leads the sniveling. They just published an article decrying the Chilean “tragedy” (i.e. Chile saving itself from Castroism with a military coup and is today the richest and freest nation in Latin America.) The article’s author Ariel Dorfman is a former advisor to Chile’s Marxist president and Castro acolyte Salvador Allende. …

“Without the help of the New York Times, the Revolution in Cuba would never have been,” …  beamed Fidel Castro during a visit to the New York Times offices in April 1959 to decorate their star Latin America reporter with a newly-minted Cuban medal.

“We’re following the example of the Cuban Revolution and counting on the support of her militant internationalism represented by Fidel Castro and Che Guevara!” boasted Chilean president Salvador Allende’s minister Carlos Altamirano in January 1971. “Armed conflict in continental terms remains as relevant today as ever!” he declared.

And he wasn’t bluffing. By the time of Pinochet’s coup, an estimated 31,000 Cuban and Soviet bloc operatives and terrorists infested Chile

By 1973, 60% of Chile’s arable land had been stolen by Allende’s Marxist regime, often with the aid of Cuba-trained death squads. “In the final analysis only armed conflict will decide who is the victor!” added Allende’s governmental ally, Oscar Guillermo Garreton. “The class struggle always entails armed conflict. Understand me, the global strategy is always accomplished through arms!”…

Then, in September 1973, the military, led by General Pinochet, made a strike with arms against Allende. It was a successful coup d’etat. Allende committed suicide. Pinochet came to power.

Although he had acted with arms, and although he took tyrannical actions against his enemies, the Left did not  think he was “a banner of creativity, of humanism and an edifying picture of peace and heroism.” Perhaps because those tyrannical actions of his were not remotely on the same scale as Stalin’s.

Allende and Castro’s media minions claim 3000 people were “disappeared” during this anti-Communist coup and its aftermath, collateral damage and all. Well, even if we accept the Castroite figure, compared to the death-toll from our interventions/ bombing- campaigns in the Mid-East (that have yet to create a single free, peaceful and prosperous nation) Pinochet’s coup should be enshrined and studied at West Point, Georgetown and John Hopkins as the paradigm for effective “regime–change” and “nation-building.” Granted, Pinochet had much better raw-material to work with.

But the Castroite –MSM figure is mostly bogus, as many of those “disappeared” kept appearing, usually behind the iron curtain.

More importantly, Pinochet and his plotters were scrupulous in keeping U.S. State Dept. and CIA “nation-builders” and other such egghead busybodies out of their plotting loop. (This probably explains Pinochet’s success.) Then two years after the coup they invited Milton Freidman and his “Chicago Boys” over for some economic tutelage. And as mentioned: today Chile is the freest and richest nation in Latin America.

The Communist zombie rises 180

The Left, as a whole, in the Western World, has become far more extreme in this century than it was in the last. The Socialist and “Conservative” parties of Europe, the Democratic Party of America, the universities everywhere, the media and the film industries, book publishers, song writers, judiciaries, and a slightly varying half of the voters in almost all Western countries, are predominantly of one opinion, consciously or semi-consciously, articulately or silently, that Marx and Lenin, and even (though their names may be spoken a shade more sotto voce) Stalin and Mao, were right.

This is from Front Page, by Vladimir Tismaneanu:

It has become fashionable among leftist circles to invoke a return to Lenin, to radicalism, to utopia. Among those who advocate such imperatives to “retest the communist hypothesis” one can count French philosopher Alain Badiou, a former admirer of the Khmer Rouge, and Slovene thinker, Slavoj Zizek, the new idol of Western university campuses, subject of documentary hagiographic movies, and prophet of a new phantasmagoric world revolution.

To know more about Slavoj Zizek, see our post Red alert, January 21, 2009. And to get the flavor of the man, watch the video at the foot of this post.

Did the partisans of such positions ever stop to think how it would sound a call for “retesting the Nazi hypothesis”? One must be totally oblivious to history, an incurable cynic, in order to ignore the fact that Leninism, just like National-Socialism, means political terrorism, the apotheosis of fanatical partisanship, the boundless cult of violence and nihilism, etc. In short, Leninism presupposes … the destruction of the inner man. Leninism is theoretical and practical anti-humanism.

‘The inner man” in this context means the individual for himself alone, not as a unit of “society”.

There have been conferences and symposia where Lenin is presented, in an academic context and without any trace of compassion for the millions of victims of “the great experiment”, as the philosopher of the break with an order putatively condemned by history.

The “order putatively condemned by history” is of course capitalism, or the free market. Those who condemn it and praise “the great [Communist] experiment” have not noticed that the free market has brought widespread prosperity wherever it has been allowed to, or that Lenin’s experiment, the miserable Soviet Union, failed and fell and lost the Cold War.

All in all, it is unsurprising that the prophets of violence worship Lenin. What is surprising is that intellectuals, who should have learnt from the catastrophes of the 20th century, are engaged in an endeavor driven by  programmatic irresponsibility. It is simply shocking that in countries where the Leninist model was implemented, one can still read and hear hymns honoring the architect of a criminal system.

Should we be amazed by all this? What could one expect from the epigones of Georg Lukacs, the Marxist philosopher who declared … that he preferred the worst form of socialism to the best incarnation of capitalism. …

Georg Lukacs was the Hungarian Commissar, and philosopher of drama and art, on whom Jillian Becker’s character L is based in her novel L: A Novel History.

Real history does not matter for such sectarians. What does matter is the dogma to which they are faithful in total disregard of reality. … It is quite telltale that one of Hugo Chavez’s intellectual heroes was Istvan Meszaros, one of Lukacs’s former students who … has remained a flaming Marxist, faithful to the dialectical sophistries of his mentor.

An excellent example of such world-view is a recent memoir by a Romanian Marxist intellectual, Ion Ianosi, who happened to be deeply involved for long stretches of time in the ideologization of the country’s culture during communism. The volume’s title is My International. Some critics glorify the book as testimony of heartfelt sincerity. What is missing in those more than 800 pages is an honest analysis of Bolshevism as justification of social genocide. Ion Ianosi seemingly excels on topics such as “Marx and Art”, “Lenin and Art”, pretty much the same fields for which his expertise was called upon during his activity within the Romanian communist party’s Agitprop. But Ianosi shies away from trying his expert pen on topics such as the crimes against humanity inspired by the Marxist-Leninist ideology.

Even before the Bolsheviks’ coming into power, it was clear that Lenin was a fanatical propagandist, a utopian ideologue fixated on social purity and purification, an heir to Robespierre and St. Just, but no philosopher. Philosophy implies doubt and Lenin was the man without doubts. …

Lenin was the practitioner of a simplistic, partisan, and exclusivist philosophy. He rejected emphatically any possibility for a middle path, of a tertium datur between what he called “bourgeois ideology” and the “proletarian” one.

We at TAC are all for “bourgeois ideology”, if the bourgeoisie as such – the successful middle class – can be said to have such a dusty thing as an ideology. We value the middle class, anyway, above the others, because out of it has come almost every one of those men (and handful of women) who have advanced our civilization and augmented the glory of our culture in the last five hundred years. (Though also most of those who’ve done our civilization the worst harm, such as Marx, Lenin, Lukacs …)

Lenin’s Manichaeism [bourgeois bad, proletarian good] was inexorable. For Lenin and his followers, ideas were (are) always the manifestation of class interests. … This is the meaning of a notion essential for the Leninist conception about ideas, ideologies and philosophical consciousness: partiinost – partisanship, class position, militant commitment, total and abject subordination to the party line.

Leninism is a revolutionary doctrine that sanctifies political violence and condemns entire social categories to state-engineered extinction. It is … rooted in the visceral contempt for the rule of law, legality, and the universality of human rights. “Back to Lenin” means a return to barbarism, blindness, and murder.

We are not enamored of the phrase “human rights”. We prefer to speak of human freedom, which we suppose is what Professor Tismaneanu, who has lived under Communism in Romania, probably means.

Now here’s Slavoj Zizek. He starts at about the 2 minute mark. Don’t expect to be rewarded for over 15 minutes of  paying attention with any impressive ideas. He says nothing much, but with strong emphasis, and what he does say is notably wrong. For instance, that Norway is intolerant of immigrants! (Go here to test this notion, and to any other of Bruce Bawer’s numerous articles on the same subject.) He thinks the major political groupings in Europe are now the “capitalist anti-immigrants” on one side and the [Islamic] immigrants on the other. (Would it were so! ) He calls himself a Leftist, though oddly declaring that in America there is “an excess of  anti-capitalism”; calls Fox News “the enemy”; and implies that the worst problem facing mankind is … you guessed it … global-warming.

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