Does capitalism make us dumb?

(Austrian) Economics, History, Technology
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The anti-capitalists contend that the market fosters whatever has the broadest appeal, even when the lowest common denominator indulges our basest appetites.

Defenders of freedom and markets tend to fall back on one of two strategies: either explaining why capitalism’s apparent vice is really a virtue (would we really prefer a system in which a self-selected elite got to plan the supply independent of demand?), or championing the products impugned by capitalism’s critics.

Ludwig von Mises took the first position. In The Anti-Capitalistic Mentality, he defended the popularity of detective stories not because of any inherent virtue in the genre but because murder mysteries were what the reading public wanted, whether or not the literati approved of their preferences.

Attempts at the second approach include compelling defenses of car culture, panegyrics to the Twinkie, even praise for shoddy products.

Some targets of disparagement, however, deserve a third approach.

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dirty work

(Austrian) Economics, History
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I first heard of Steven Johnson’s 2006 book The Ghost Map from a George Will piece called “Survival of the Sudsiest.” The book’s full title is The Ghost Map: The Story of London’s Most Terrifying Epidemic — and How It Changed Science, Cities, and the Modern World. Will describes it as “a great scientific detective story about how a horrific cholera outbreak was traced to a particular neighborhood pump for drinking water.”

In the “The Books of Summer” (Liberty, July 2007), Bruce Ramsey also recommends it:

It tells the tale of the deadly outbreak of cholera in London in 1854, and how two men, a doctor and a preacher, proved how it was spread.… In parallel to the detective story is a revolting description of London in the early industrial age. The industrial revolution made London the earth’s largest city with the earth’s largest waste problem. Libertarians will note that market mechanisms did arise to handle this, though they were, in the author’s estimation, not so good. They will note that the first solution imposed by government made matters worse — but that the second one was better. The book also shows how the provision of sewers and a clean water supply ended cholera epidemics by the last quarter of the 19th century.

I’m finally getting around to reading The Ghost Map, and while it is compelling and enjoyable from the first page, it is also an excellent example of why it helps to have some economic literacy to be able to read popular history critically.

Both Johnson’s masterly prose and his questionable economics are evident from the first. Here’s his opening:

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Hutchinson, homeschooling, Harvard, and heresy

Education, History, Statism
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AnneHutchinson2Last month, I mentioned America’s first individualist anarchist, Anne Hutchinson. She’s a hero of mine, for obvious reasons, despite my not sharing her religious beliefs.

One of the several reasons I’m enjoying Sarah Vowell’s The Wordy Shipmates is that I’m learning more about Hutchinson. For example, I love this detail:

The daughter of a persecuted Puritan minister who helped her cobble together the best education possible for female children (who were denied university attendance), Anne Hutchinson is one of the brainiest English-women of the seventeenth century. Yet she is no stranger to the goopy fluids of female biology. Besides birthing her own litter [of 15 children, by the way!], she works as a midwife, delivering babies and no doubt serving the brew imbibed before and after labor, the wonderfully named “groaning beer.”

Here’s my favorite detail within the detail:

By aiding Boston’s new mothers, Hutchinson quickly befriends a lot of women. She starts leading the women in a regular Bible study in her large, fine home.

These Bible-study group became the seedbed of antinomianism: a new religious individualism (and heresy) within New England Puritanism. It also became the basis of political and philosophical individualism more generally, thus Murray Rothbard’s description of Hutchinson in Conceived in Liberty as America’s first individualist anarchist.

She preached the necessity for an inner light to come to any individual chosen as one of God’s elect. Such talk marked her as far more of a religious individualist than the Massachusetts leaders. Salvation came only through a covenant of grace emerging from the inner light, and was not at all revealed in a covenant of works, the essence of which is good works on earth. This meant that the fanatically ascetic sanctification imposed by the Puritans was no evidence whatever that one was of the elect. Furthermore, Anne Hutchinson made it plain that she regarded many Puritan leaders as not of the elect.

The Massachusetts powers that be understood that Hutchinson’s Bible-study sessions were central to the dissemination of her religious and political heresies and so, as Sarah Vowell relates,

In September of 1637 … [t]hey resolve, writes Winthrop, “That though women might meet (some few together) to pray and edify one another,” assemblies of “sixty or more” as were then taking place in Boston at the home of “one woman” who had had the gall to go about “resolving questions of doctrine and expounding scripture” are not allowed.

"The Bill of Rights," Vowell comments, "with its allowance for freedom of assembly, is a long way off."

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Enoch was right (wing)

History, Immigration, Protectionism, Racism, The Left, The Right
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Enoch PowellI have a fondness for Enoch Powell that I never could manage for Margaret Thatcher. Perhaps that’s because I was indoctrinated to hate Thatcher and had never heard of Powell before last Saturday, when Wikipedia noted the 45th anniversary of the so-called Rivers of Blood speech for which he is infamous.

Both Thatcher and Powell were British politicians. Both were Conservatives. (Powell eventually left the Conservative party, claiming that while he was a life-long Tory, there were good Tories in the Labour Party. I guess I don’t really understand Toryism.) Both Thatcher and Powell are targets of left-wing hatred and smeared as proto-fascists. (See Lawrence Reed on the recent anti-Thatcher hatefest in the UK.) And I suspect the British Left would have a hard time distinguishing either of them politically from libertarians. We’re all ultra right wing, radically free market, and anti progress, aren’t we?

Powell rose to political stardom at the same time he fell from political power. On April 20, 1968, he gave a speech criticizing the British government’s existing immigration laws and its proposed anti-discrimination legislation. Everywhere I’ve looked for information on this speech and the speechmaker, these two issues have been conflated, and yet to a libertarian they could not be more different.

Two issues:

  1. Immigration
  2. Discrimination

On one of these, Powell seems to be in accord with us. On the other, not so much.

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Libertarians and War: A Bibliographical Essay

Featured Posts, History, Libertarian Theory, War
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The relationship between war and libertarianism has interested me since 9/11. In the aftermath of those terrorist attacks, I witnessed in grim fascination many libertarians make excuses for government in the realm of national security. The proper libertarian position on war has become a matter of controversy, although I believe it shouldn’t be. “War is the health of the state,” as Randolph Bourne said, as well as being “mass murder,” in the words of Murray Rothbard.

The following essay presents some of the most relevant materials and readings on this controversy. It is unapologetically tilted toward the antiwar position, although it includes some references to pro-interventionist writings. It is idiosyncratic and not comprehensive, and its omissions are not always deliberate. I am always interested in reading suggestions. As for the citations, I include publishing information for books but generally leave it out for articles written for or available on the web, so as to avoid extraneous clutter. Please follow the links to learn more.

Among the founders of modern libertarianism, Rothbard most consistently urged an antiwar position. In “War, Peace and the State,” he identified opposition to all state wars as well as to nuclear weapons as the libertarian’s core commitments. For more on Rothbard’s views on these questions, I recommend “Murray N. Rothbard: Against War and the State” by Stephen W. Carson and “Murray N. Rothbard on States, War and Peace, Part I” and “Part II” by Joseph Stromberg.

In terms of comprehensiveness and clarity, the best modern treatment is “Why Libertarians Oppose War,” chapter nine in Jacob Huebert’s fantastic Libertarianism Today (Praeger: 2010), which is probably my favorite introduction to libertarianism. Huebert covers all the bases, touching on the relevant economics, U.S. history, and moral principles, and delivers radical conclusions. The chapter is perfectly balanced in terms of scope and emphasis. In November 2012 he eloquently summed up his thesis at a Students for Liberty conference in a talk titled “Why Libertarians Must Oppose War.”

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