Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts

Friday, November 24, 2017

Another Black Friday

Once there was a day called Black Friday. It was meant to launch the holiday shopping season, and was known to start as early as 4 or 5 in the morning on the day after Thanksgiving. Yet that, it seems, was not good enough. We have reached the point where the sales are encroaching so far into Thanksgiving itself that there are stores opening as early as 3 or 5PM Thursday afternoon. We are now faced with Black Thursday.

There is something seriously wrong with this picture, something which speaks to a serious ill in American society. Why do we need these sales? Why do people think they have they right to them? And before all the rabid libertarian free marketers go livid about it (no one makes them do it, what about freedom?) let's ask you two things: aren't some folks (if not most involved, quite frankly) being made to do things?, and, isn't their freedom thus being sacrificed?

It is hard to imagine that the bulk of sales and support staff at stores would rather be working than at home with their families and friends on a major holiday. The same can be said of those working arenas for sporting events as well, or even at television stations and entertainment establishments. Why do we think we have the right to expect those people to have to work for our leisure?

This isn't capitalism. It's consumerism, and it's the worst example of bacchanalia. It is the time of year when we least like free markets, and perhaps the best time to remind those who do preach them that economics aren't everything. Simple, unfettered economics may well infringe on someone's freedom as well as any government attempt to stifle a reasoned liberty. Yet there is a difference. There's at least a small chance that, with a bit of discipline at the voting booth door, we might actually stop government. Is there any way we might stop the Invisible Hand?

Anything which does not practice a decent amount self examination and a reasonable self discipline will become a devil. The free market is no different. Yet it does create quite the hypocrites among its defenders, doesn't it? They express a disdain for coercion. Yet they sure don't mind the coercion which the markets force upon people.

That strikes us as violence against the person as hateful as any government encroachment upon the person. But the free marketers won't see it. They have their own god attending to their business. And it is not constrained by care for humanity.

Thursday, November 19, 2015

Just saying...

Democracy is the worst political system...except for all the other political systems.

Capitalism is the lousiest economic system...outside of all the other economic systems.

Why are they the best, yet the worst? Because they are based on human freedom and dignity. People have a great capacity for good, but a terrible propensity to do ill. Freedom unfortunately feeds both these notions.

But I wouldn't have it any other way.

Wednesday, December 24, 2014

Free Markets Imperfect

We conservatives like the free market; that declaration ought to surprise no one. But we also know that it is not and never will be truly free. Why is that?

Human imperfection, for starters. We aren't perfect, and it is silly to believe that a perfect system can come out of less than perfect people. Every human construct will be flawed and there's no getting around that. Markets, being human constructs, will not always lead to the right or best result. Of course, we think that free markets are the best there is at getting beyond error. Yet that doesn't mean they always will. As one of chief arguments against government interference in the economy is that too much is going on for governments to efficiently regulate, it applies as well that in free markets too many people and too many decisions are involved for every single effort to work out well. Yes, markets will organize themselves to a certain degree. But not exactly right and not necessarily in everyone's best interest in every single instance.

Then there's that pesky fact that not every economy in the world is free. True, that is not the fault of free market economics. Yet is another reflection on that pesky idea that people aren't perfect. Simply telling folks that they need freer markets won't lead to them. Government interference alone will see to that, and the simple assertion that open markets are better won't convince everyone that they are. It may be honest disagreement, stupidity, power, or just plain obstinacy which prevents accepting the free market rationale. The markets will never overcome all such obstacles. As such, completely free markets will never exist. There's no point to pretending they will. There will always be interference in them; about the best we will ever have is to limit that through the political process the best we can.

Now we come to those pesky social issues which drive the more rabid free market enthusiasts mad. Not every human trade ought to be in the open market. An easy example is slavery, but it goes beyond that. Prostitution comes to mind, and of course the entire abortion industry is simply wrong. What we're leading up is this: merely because people could do something doesn't mean that they should. Some activities must be banned simply because they're so wrong that an enlightened society must not tolerate them. We can argue where the line should be drawn: that there is a line is another question. There is, and we must find (or at least get as close as we can) and adhere to any legitimate market parameters which exist.

Finally, and this comes directly from our third point, free markets are not the end all be all of human existence. Right and wrong are; doing what's right and avoiding what's wrong the best we can should be our goal. Even the concept of free markets itself recognizes this. Proponents essentially say that markets ought to be free because justice demands it. Yet once we say that, we are effectively arguing not for free markets but for justice. It appears that free markets are a subset, albeit a very important subset, of justice. That also makes it appear that justice can make demands of markets, and that markets not only cannot but should not be totally free.

The freest market possible market is the best market because it allows for the most possible good for the most people. Yet it would still be flawed, it would still commit error, and we need to realize that if we are ever to improve upon it.

Friday, November 28, 2014

Black Friday 2014

Once there was a day called Black Friday. It was meant to launch the holiday shopping season, and was known to start as early as 4 or 5 in the morning on the day after Thanksgiving. Yet that, it seems, was not good enough. We have reached the point where the sales are encroaching so far into Thanksgiving itself that there are stores opening as early as 5PM Thursday afternoon. We are now faced with Black Thursday.

There is something seriously wrong with this picture, something which speaks to a serious ill in American society. Why do we need these sales? Why do people think they have they right to them? And before all the rabid libertarian free marketers go livid about it (no one makes them do it, what about freedom?) let's ask you two things: aren't some folks (if not most involved, quite frankly) being made to do things?, and, isn't their freedom being sacrificed?

It is hard to imagine that the bulk of sales and support staff at stores would rather be working than at home with their families and friends on a major holiday. The same can be said of those working arenas for sporting events as well, or even at television stations and entertainment establishments. Why do we think we have the right to expect those people to have to work for our leisure?

This isn't capitalism. It's consumerism, and it's the worst example of bacchanalia. It is the time of year when we least like free markets, and perhaps the best time to remind those who do preach them that economics aren't everything. Simple, unfettered economics may well infringe on someone's freedom as well as any government attempt to stifle a reasoned liberty. Yet there is a difference. There's at least a small chance that, with a bit of discipline at the voting booth door, we might actually stop government. Is there any way we might stop the Invisible Hand?

Anything which does not practice a decent amount self examination and a reasonable self discipline will become a devil. The free market is no different. Yet it does create quite the hypocrites among its defenders, doesn't it? They express a disdain for coercion. Yet they sure don't mind the coercion which the markets force upon people.

That strikes us as violence against the person as hateful as any government encroachment upon the person. But the free marketers won't see it. They have their own god attending to their business. And it is not constrained by care for humanity.

Thursday, April 10, 2014

Free Markets are flawed too

We conservatives like the free market; that declaration ought to surprise no one. But we also know that it is not and never will be truly free. Why is that?

Human imperfection, for starters. We aren't perfect, and it is silly to believe that a perfect system can come out of less than perfect people. Every human construct will be flawed and there's no getting around that. Markets, being human constructs, will not always lead to the right or best result. Of course, we think that free markets are the best there is at getting beyond error. Yet that doesn't mean they always will. As one of chief arguments against government interference in the economy is that too much is going on for governments to efficiently regulate, it applies as well that in free markets too many people and too many decisions are involved for every single effort to work out well. Yes, markets will organize themselves to a certain degree. But not exactly right and not necessarily in everyone's best interest in every single instance.

Then there's that pesky fact that not every economy in the world is free. True, that is not the fault of free market economics. Yet is another reflection on that pesky idea that people aren't perfect. Simply telling folks that they need freer markets won't lead to them. Government interference alone will see to that, and the simple assertion that open markets are better won't convince everyone that they are. It may be honest disagreement, stupidity, power, or just plain obstinacy which prevents accepting the free market rationale. The markets will never overcome all such obstacles. As such, completely free markets will never exist. There's no point to pretending they will. There will always be interference in them; about the best we will ever have is to limit that through the political process the best we can.

Now we come to those pesky social issues which drive the more rabid free market enthusiasts mad. Not every human trade ought to be in the open market. An easy example is slavery, but it goes beyond that. Prostitution comes to mind, and of course the entire abortion industry is simply wrong. What we're leading up is this: merely because people could do something doesn't mean that they should. Some activities must be banned simply because they're so wrong that an enlightened society must not tolerate them. We can argue where the line should be drawn: that there is a line is another question. There is, and we must find (or at least get as close as we can) and adhere to any legitimate market parameters which exist.

Finally, and this comes directly from our third point, free markets are not the end all be all of human existence. Right and wrong are; doing what's right and avoiding what's wrong the best we can should be our goal. Even the concept of free markets itself recognizes this. Proponents essentially say that markets ought to be free because justice demands it. Yet once we say that, we are effectively arguing not for free markets but for justice. It appears that free markets are a subset, albeit a very important subset, of justice. That also makes it appear that justice can make demands of markets, and that markets not only cannot but should not be totally free.

The freest market possible market is the best market because it allows for the most possible good for the most people. Yet it would still be flawed, it would still commit error, and we need to realize that if we are ever to improve upon it.

Saturday, November 26, 2011

Democracy and Capitalism

Democracy is the worst political system...except for all the other political systems.

Capitalism is the lousiest economic system...outside of all the other economic systems.

Why are they the best, yet the worst? Because they are based on human freedom and dignity. People have a great capacity for good, but a terrible propensity to do ill. Freedom unfortunately feeds both these notions. Freedom is why we see people carrying pepper spray on a shopping trip, but giving to charities. And protesting for their rights.

Of course, we can, do, and should restrict freedom when mere free will leads to dangerous excess, such as carrying pepper spray on a shopping trip. The world won't end because of Black Friday and the troubles in Egypt won't end simply because we or the Egyptian protesters like democracy so much. Free will gets in the way of that too, sadly, and it isn't likely the situation will be particularly stable anytime soon.

But what else are we to do? Encourage whoever is in power in Cairo to play nice, and exhort Christmas shoppers to be more considerate of everyone else milling about the mall. These are not what many of us may want, but, again, what are we to do beyond hoping and praying that it all works out. Because at the end of the day, we have two of the lousiest operating systems of human creation, and nothing else will do.

Friday, April 1, 2011

It's Not All About What Folks Will Buy

I am a free market enthusiast through and through, but I do believe that the capitalists (particularly the more libertarian ones) do need to keep one thing in mind: something is not moral merely because there is a market for it.

Nothing wrong with making money, of course. As a rule. Yet there are ways of making money which are morally abhorrent. The whole sex trade, to be sure, or products which are seriously and significantly offensive. No one ought to see Calvin urinating on a Ford symbol, for example. That people will buy this sort of thing is not the point; nor is the point that human freedom may call for grudging toleration of such things. The ultimate point must be that the act or product must be moral in and of itself in order to be moral in the marketplace.

I am not saying that the government should become involved in regulating what are admittedly often only juvenile paraphernalia. Still, it would nice if the markets would be a bit more self regulating and eschew such garbage.

To rephrase an old saw, I have come to the conclusion that capitalism is the worst economic system except for all the other economic systems. It is a sobering thought.

Sunday, August 22, 2010

Smelly philosophy

Democracy is the worst political system...except for all the other political systems.

Capitalism is the lousiest economic system...outside of all the other economic systems.

Why are they the best, yet the worst? Because they are based on human freedom and dignity. People have a great capacity for good, but a terrible propensity to do ill. Freedom unfortunately feeds both these notions.

But I wouldn't have it any other way.

Friday, November 21, 2008

On Capitalism

I am a free market enthusiast through and through, but I do believe that the capitalists (particularly the more libertarian ones) do need to keep one thing in mind: something is not moral merely because there is a market for it.

What brings this up is a link posted on a blog which I frequent. The link prompted folks to a site where you could buy Obama and/or McCain condoms. It was done for a joke, I'm sure, but as the condoms are actually out there it is equally certain they were produced in order to make money.

Nothing wrong with making money, of course. As a rule. Yet there are ways of making money which are morally abhorrent. The whole sex trade, to be sure, or products which are seriously and significantly offensive. No one ought to see Calvin urinating on a Ford symbol, for example. That people will buy this sort of thing is not the point; nor is the point that human freedom may call for grudging toleration of such things. The ultimate point must be that the act or product must be moral in and of itself in order to be moral in the free market.

I am not saying that the government should become involved in regulating what are admittedly often only juvenile paraphernalia (prostitution and the like are another matter). Still, it would nice if the markets would be a bit more self regulating and eschew such garbage.

To rephrase an old saw, I have come to the conclusion that capitalism is the worst economic system except for all the other economic systems. It is a sobering thought.