Another DeLong Cheap Shot

Finance, Political Correctness, The Left, Vulgar Politics
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Economist Brad DeLong has come out swinging against Austrian economics again, and once again he’s punched himself in the face. But he’s too numb to realize it. There’s a great response on the Mises Economics Blog by Jonathan Catalán, and I take a stab on my site, Wirkman Netizen.

It’s interesting that neither Catalán nor I attack, in our respective longer efforts, the worst calumny of DeLong’s, his insinuation that the Austrian distrust of fiat money comes down to anti-Semitism: “[I]n its scarier moments this train of thought slides over to: ‘good German engineers (and workers); bad Jewish financiers.’”

Since Mises was a Jew, and was treated badly for anti-Semitic reasons at times — why does DeLong think Mises left Austria? — and that  Mises never, ever supported anti-Semitism (nor did Hayek, for that matter), this is especially vile. It’s just another example of those leaning left (which means: technocrats who mislabel themselves as “liberals” and “progressives”) playing the racism/anti-semitism card when they lack a good hand.

DeLong should be ashamed of himself. But, then, one of the perks of being in the managerial class of the technocratic state means never having to say you are sorry.

 

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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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Mises on the Beach

(Austrian) Economics, The Left, Vulgar Politics
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When Michelle Bachmann confessed to taking the writings of Ludwig von Mises with her on vacation, I assumed she used the august Austrian economist as a soporific — not because Mises isn’t worth reading, or not exciting to read (I can’t tell you how my heart pounded when I first unleashed myself onto The Ultimate Foundation of Economic Science), but because Bachmann has never said anything to suggest a scholarly or subtle mind, the kind of mind best suited for pleasure in reading Mises.

But a Salon writer, Andrew Leonard, has proven himself less dismissive of Bachmann than I. He, knowing nothing of Mises, set out to read Human Action. His conclusion? Well, he didn’t get very far into the book. But he did get far enough to tell us what he found. After reading a few chapters, he was struck by

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More on Dorothy Day, Anarchist

Anti-Statism, The Left, The Right, War
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I mentioned Dorothy Day in passing in yesterday’s post. Specifically I named her as part of the Catholic pacifist-anarchist tradition. A couple of readers asked about whether or not Day was actually an anarchist, as they had always heard she was a socialist. I referred one reader to a short article on Day that noted her status as an anarchist, but I didn’t feel that was adequate.

By chance, my wife who is working on an unrelated research project about feminism, happened to pick up some books about Day at the library today. One of the books is The Moral Vision of Dorothy Day: A Feminist Perspective by June E. O’Connor. I thumbed through it and found the following passage, which I think provides a far more satisfying explanation of Day’s views:

Although she preferred the words libertarian, decentralist and personalist to anarchist, Day’s attraction to anarchism was an enduring one. With Peter Maurin and others, most notably Ammon Hennacy and Robert Ludlow, Dorothy Day sought fundamental changes in the structure of society by minimizing the presence and power of the state and by arguing on behalf of personal initiative and responsibility expressed in direct action.

Whether acting alongside of or in spite of Peter Maurin, Dorothy Day believed in the power of the person as the starting point for the good society. Day described anarchism as being “personalist before it’s communitarian: it begins with living a disciplined life, trying to be what you want the other fellow to be.” Day admitted that although one must assume responsibility oneself, the fact is that many others will not. When they do not, one must simply try to understand them, given their sufferings and their backgrounds, and accept them.

…Anarchists are not so much politicians or sociologists as they are moralists; their stand is not so much political and economic as it is spiritual and ethical.

[Well, anarchists aren’t politicians at all, but this is still a nice observation about anarchism.]

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Sigh. Catholic Priest Whoops It Up For Unconstitutional Military Assassinations

Imperialism, Police Statism, The Left, The Right, Vulgar Politics, War
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One thing about Catholics is that, when it comes to partisan politics, they’re split pretty evenly. Only deeply ignorant people lump Catholics in with the “Religious Right” since about half of them are on the religious left. Many are admirably antiwar, and of course, there is even a nice anarchist pacifist tradition, in which one finds Dorothy Day or Rev. Emmanuel Charles McCarthy.

Some Catholics, however, are absolutely terrible on issues of nationalism and war. This article below, written by a priest with whom I broadly agree on almost all theological and liturgical issues, was particularly tasteless. Fr. Zuhlsdorf, who is generally sound when writing about things that he actually knows something about, always ends up toeing the neoconservative line every time he ventures into foreign policy. Most clergy can be safely ignored when opining on political matters, and this case is no different. The text of his irreligious column is below with my comments in brackets.

Usama Bin Laden … Rest in… well… whatever… [How classy. Zuhlsdorf must have forgotten about Matt 5:44.]
by Fr. John Zuhlsdorf

Pres. Obama announced tonight, fairly late on a Sunday night, that Usama Bin Laden was killed a week ago, as it seems.

I am guessing that he made this announcement tonight, USA, time, so that people rising in other parts of the world would get the fresh news during the morning at the beginning of a week, as markets open, etc. Had it come at the end of the week, it would have been fodder for Friday evening Muslim sermons. [Because all Muslims liked Osama bin Laden, you see. This assumption that all Muslims support violence is at the heart of the neocon ideology. Always ignored is the fact that a majority of “Christian” Americans support the dropping of American bombs on Muslim women and children.] It still will be, but after several days.

Nevertheless I find the timing of both the event of his killing by a small team of US operatives in a fire fight and the release of the news interesting. One friend called me to opine that they actually found him at a Taco Bell in North Carolina and flew him back to Pakistan before… you know. [ho ho] Moreover, the President seems now to be ready to quote a standard of American patriotism, the Pledge of Allegiance, with its strong invocation of God, when for sometime he couldn’t bring himself to quote the Declaration of Independence [written by an anti-Christian Deist] correctly with its reference to a Creator who gives us our rights. [Yeah! Why can’t Obama be more like Bush who once said that the Constitution “is just a goddamn piece of paper.”] Color me cynical.

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