Gregory on “Why Capitalism Is Worth Defending”

(Austrian) Economics, Anti-Statism, Corporatism, The Left, The Right
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The prolific Anthony Gregory has a great article up today at LewRockwell.com, “Why Capitalism Is Worth Defending.” His view is that capitalism is “the greatest engine of material prosperity in human history, the fount of civilization, peace, and modernity.” As part of his argument he rejects the calls of some fellow travelers to drop the word capitalism because of its origins (it was coined by its enemies) and because it is used by some corporate capitalist types to refer to their preferred system. As Gregory writes:

even insofar as the word has negative connotations in popular culture, we might still want to adopt it. The anti-Federalists were initially opposed to the label affixed to them by the Hamiltonian statists. But now I would uphold that descriptor with pride. This is an area where we can take a cue from the gay rights activists who were smeared as “queer,” only to proudly appropriate the term for their own uses. … regardless of how we define it, in terms of feeding the masses and sustaining society, I will take flawed capitalism over flawed socialism any day. I will take state capitalism, crony capitalism, or corporate capitalism over state socialism, democratic socialism, or national socialism.

Another interesting insight Gregory makes is the parallel between capitalism itself and the use of the word: “Maybe it takes longer to explain ourselves when we adopt the battle cry of capitalism – it also takes longer to be a capitalist than only a consumer.”

Great piece.

 

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Education as Peace

Anti-Statism, Education, War
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Researching an article on the Montessori educational method and its focus on peace (“Montessori, Peace, and Libertarianism“), I came across this fascinating piece, “Education as Peace” (posted here with permission of N.A.M.T.A.), by John Bremer in a 1985 issue of the N.A.M.T.A. Quarterly. Bremer discusses Montessori’s lament that we have no science of peace. As she wrote, “it is quite strange, in fact, that as yet there is no such thing as a science of peace, since the science of war appears to be highly advanced, at least regarding such concrete armaments and strategy ….” In Bremer’s moving and insightful article, he writes: “From my little knowledge of eastern thought, it appears quite possible for a discipline of peace to exist already, and I mean a discipline for a way of life and not an academic discipline.”

The entire article is well worth reading. It’s my growing view that  libertarians can profit from Montessori’s educational insights, and that Montessorians searching for a science of peace can stop looking: this is what libertarianism is. Libertarianism recognizes the world of scarcity that we inhabit gives rise to conflict and war, and the solution is the adoption of civilized rules of cooperation and allocation of property rights—a libertarian private law society. If Montessori had been apprised of the insights of Austrian, free market economics and of anti-state, pro-peace liberalism, who knows—maybe she would have become a key advocate of libertarian views.

Skepticism of statism, individualism, and love of freedom permeates the Montessori perspective. It is worth quoting at length from Bremer’s piece:

Maria Montessori … knew that education, properly understood, is a disturbance of the universe as it is conventionally conceived and experienced. It places the power structure at risk since there is the strong possibility that it will be exposed for what it is—an imposition upon the sacred order of things, a distortion of what is natural, for the supposed benefit of those not willing or not able to learn. She also understood more clearly than any of her contemporaries that if the perversion of the natural order of things is to be maintained by the power establishment, then the soul must also be perverted because it is the one power, the one course of energy in the universe that is able to see and to show the corruption and perversion of the whole and to correct it. This perversion of the soul arrogated to itself, for obvious rhetorical advantage, the name of education. In reality, it is what was characterized earlier as a form of indoctrination, and it rests upon an imbalance, an inequality of power. …

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Bastiat on Rome

History, Imperialism, Police Statism, War
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Consider Bastiat’s comments on Rome and how–if you substitute for slavery the drug war and tax slavery–they apply to the modern US:

What is to be said of Roman morality? And I am not speaking here of the relations of father and son, of husband and wife, of patron and client, of master and servant, of man and God—relations that slavery, by itself alone, could not fail to transform into a whole network of depravity; I wish to dwell only on what is called the admirable side of the Republic, i.e., patriotism. What was this patriotism? Hatred of foreigners, the destruction of all civilization, the stifling of all progress, the scourging of the world with fire and sword, the chaining of women, children, and old men to triumphal chariots—this was glory, this was virtue. It was to these atrocities that the marble of the sculptors and the songs of the poets were dedicated. How many times have our young hearts not palpitated with admiration, alas, and with emulation at this spectacle!

From Bastiat, Selected Essays in Political Economy, quoted in Geoffrey Allan Plauché, “Roman Virtue, Liberty, and Imperialism: The Murder-Suicide of Classical Civilization.” America is riddled with patriotism, with American flags senselessly displayed all over, and people mindlessly responding to criticism of the Fatherland with the retort, “You show me another country that’s better!” Its wars, the welfare state, its taxes and manipulation of money, its jails full of non-criminals have indeed debased morals. We have scourged the world with fire and sword, and statues of our modern warlord gods, such as Lincoln, adorn our capital city. As for the last line, about the youth swooning over our military might and conquest, one is reminded of the not completely tongue-in-check skit Wayne’s World during Gulf War I, when Wayne and Garth had fun watching the videos of US missiles destroying Iraqi targets.

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The State’s Corruption of Nuclear Power

Environment, Science
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There’s a lot of misinformation and confusion out there about nuclear power. Environmentalist wackos are against nuclear because they are against energy; as environut Paul Ehrlich infamously said, “Giving society cheap, abundant energy would be the equivalent of giving an idiot child a machine gun.”1 Others think nuclear power plants can explode like nuclear bombs (they can’t). Still others fret about where the waste would be stored, the same types who wonder about landfills. They don’t realize the waste problem is far worse with other types of energy, or that nuclear is safer and cleaner too.2

The current nuclear technology is superior in many ways to fossil fuel energy production, but thorium-based nuclear energy has many advantages over the current uranium-based systems. As noted here, in a thorium-fueled nuclear reactor, “1) it cannot be used for producing the raw material for atomic bombs, 2) it cannot meltdown under any circumstances, and 3) after 500 years its waste will be no more dangerous than the ashes from a conventional coal burning power plant.” Point 1 should give you a clue as to why this did not become the dominant technology. Thorium does not provide material for nuclear bombs, while uranium reactors do. (See Safe nuclear does exist, and China is leading the way with thorium (“US physicists in the late 1940s explored thorium fuel for power. It has a higher neutron yield than uranium, a better fission rating, longer fuel cycles, and does not require the extra cost of isotope separation. The plans were shelved because thorium does not produce plutonium for bombs. As a happy bonus, it can burn up plutonium and toxic waste from old reactors, reducing radio-toxicity and acting as an eco-cleaner.”); Obama could kill fossil fuels overnight with a nuclear dash for thorium (“After the Manhattan Project, US physicists in the late 1940s were tempted by thorium for use in civil reactors. It has a higher neutron yield per neutron absorbed. It does not require isotope separation, a big cost saving. But by then America needed the plutonium residue from uranium to build bombs.”); see also the video below around 7:10.)

  1. See also Lew Rockwell’s great Anti-Environmentalist Manifesto, and his The Enviro-Skeptic’s Manifesto. ↩

  2. See Petr Beckmann’s The Health Hazards of NOT Going Nuclear (Amazon; PDF) and his pamphlets The Non-Problem of Nuclear Waste and Why “Soft” Technology Will Not Be America’s Energy Salvation, mentioned in my post Access to Energy. ↩

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Huebert: The Fight against Intellectual Property

IP Law
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This is a fantastic overview of the libertarian position on IP, Chapter 10 of Libertarianism Today by Jacob Huebert (Praeger, 2010). From Mises Daily:

The Fight against Intellectual Property

March 2, 2011 by Mises Daily

IP empowers some people to use government to limit other people’s speech and actions. FULL ARTICLE by Jacob H. Huebert

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