Common Sense with Paul Jacob

Ludwig von Mises

It is paradoxical indeed that the economic order that forces the most eminent individuals to serve the welfare of the masses of ordinary people is decried as a system in which the common man is “exploited” and “sinks deeper and deeper.” While the average manual worker enjoys in the capitalistic countries amenities of which the well-to-do of ages gone by did not even dream, the most successful and most popular ideology of our age, Marxism, is based upon the doctrine that the laboring masses are being impoverished more and more.

Thought

Ludwig von Mises

The chief characteristic of the capitalistic system is precisely that it leaves for the most eminent individuals only one avenue open to deriving greatest advantage from their intellectual and moral superiority, viz., to minister to the best of their abilities to the well-being of the masses of less endowed fellow men. The captains of industry vie with one another in endeavors to supply the much talked-about common man with ever better and cheaper goods. An enterprise can .grow into bigness only by serving the many. Capitalism is essentially mass production for the satisfaction of the wants of the masses.

Today

Uncle Tom’s Cabin, March 20

Post author By Redactor
Post date March 20, 2014
No Comments on Uncle Tom’s Cabin, March 20

Harriet Beecher Stowe’s novel “Uncle Tom’s Cabin” was published on March 20, 1952. Exactly two years later the Republican Party was organized in Ripon, Wisconsin.

free trade & free markets too much government

Monopoly Phony

Why is New Jersey Governor Chris Christie against profit?

You expect such an idea from a leftist. The big man is no leftist.

Christie’s anti-profit bias came up within a long, rambling answer to the subject of a recent bill in the New Jersey legislature to decriminalize possession of small amounts of marijuana. He’s against it. But he’s been for “medical” marijuana. Ed Krayewski of Reason quotes the governor, who insists that legal cannabis distribution “be a hospital-based program, that way the profit motive is drained out a lot from it.”

I get his logic. He doesn’t want recreational use, but realizes there are legitimate medical uses. To allow the latter but discourage the former, he wants to monopolize the sale of the drug.

It’s the old “monopoly” idea leveraged to discourage over-use. Post-Prohibition, many states set up liquor control boards and sold liquor in state-owned or state-franchised stores. My state, Virginia, still does. They raised prices on the product, and made it harder to get. More monopoly, higher cost, less product.

But turn the subject on its head.

We want medicine to be cheaper. More accessible and more efficiently delivered.

So why do states limit the setting up of hospitals with hospital boards? Why the prescription system? Why, even, medical licensing? After all, quality controls can be imposed other ways.

Modern medicine has been subjected to monopolistic practices and cartelizing regulations for years. Decades. A century.

Such intervention limits supply and availability, and increases costs.

I suspect that Gov. Christie hasn’t really thought his position all the way through.

(He might be high on government.)

This is Common Sense. I’m Paul Jacob.

Tags cannabis, Chris Christie, decriminalization, marijuana, Monopoly

too much government

Dubbing vs. Communism

How do you topple a regime?

John Adams said that the American Revolution was effected in “the hearts and minds of the people” before a single shot was fired. But there are many ways to influence hearts and minds in the run-up to a revolution.

In the Romania of the 1980s, one means was the dubbing of bootlegged foreign movies. It was a one-woman job: Margareta Nistor’s. She dubbed thousands of films, making hers the best-known voice in the country.

In a New York Times article and video, “VHS vs. Communism,” Romanian documentary maker Ilinca Calugareanu recalls her childhood under a Communist regime “that, among countless repressions, reduced television to two hours a day of dull propaganda” and other bland, censored fare. But one day, her parents borrowed a VCR and played Hollywood movies all night long. It was “like walking into a secret, magical and free world.”

The female voice translating the dialogue was always the same.

After the 1989 revolution that led to the demise of dictator Nicolae Ceaușescu, Calugareanu learned about Margareta Nistor. Once a translator for state television — which carefully repressed any hints that life was better in the West — Nistor had then teamed up with a “mysterious entrepreneur” who was smuggling in foreign movies.

For many Romanians, the movies provided a lifeline. Their forbidden, exotic glimpses into another way of life helped them both to escape the all-controlling regime and to resist it.

This is Common Sense. I’m Paul Jacob.

Tags dubbing, movies, Romania, VHS

Thought

Frédéric Bastiat

Competition is only the absence of constraint. In what concerns my own interest, I desire to choose for myself, not that another should choose for me, or in spite of me—that is all. And if anyone pretends to substitute his judgment for mine in what concerns me, I should ask to substitute mine for his in what concerns him. What guarantee have we that things would go on better in this way? It is evident that Competition is Liberty.

Today

Congress on Time

On March 19, 1918, the U.S. Congress established time zones and approved daylight saving time. Arguably the first is a classic example of beneficial legislation under the Constitution, and the second a classic over-step.

Two years later the U.S. Senate rejected, for the second time, the Treaty of Versailles.

March 19, 1979, was the first day the United States House of Representatives began broadcasting its day-to-day business via the cable television network C-SPAN.

This day marks the 423rd anniversary of the birth of William Bradford, English settler in the New World, politician, and chronicler of his people’s struggles.

Today

Apartheid ends

On March 18, 1992, South Africans voted against the color bar by electing a new government. “Today we have closed the book on apartheid,” Mr de Klerk said in Cape Town as he also celebrated his 56th birthday.

White electors had not only voted by a 2-1 majority to abolish the racial exclusion policies and double standard, but also to lose their own power.

political challengers term limits

Land of Limited Terms

It’s baaaaaack.

The issue that won’t go away: Term limits.

I predict that Bruce Rauner, a businessman who has never before held public office, will win the GOP nomination as a result of today’s Illinois Republican Party Primary for Governor, besting three career politicians sporting 60-plus years in office, total.

I’m no soothsayer; Rauner leads in the polls. The key issue driving support for him is his support for term limits.

“Term limits should apply to all politicians,” he proclaims in a TV spot, “and not just when they go to jail.”

It’s not just a cute line. Four of Illinois’ last seven governors have ended up in prison . . . so have a number of congressmen representing [sic] the Land of Lincoln.

Rauner’s term limits advocacy includes actual deeds. He is helping, financially and organizationally, to gather half-a-million voter signatures on a petition to place a constitutional amendment imposing eight-year term limits on state legislators before the electorate this November.

Polls show a whopping 79 percent of Illinois voters favor those term limits.

Still, powerful folks amongst the state’s other 21 percent are not pleased by Rauner, who has also called for reforming Illinois’ pension systems, ranked worst funded in the nation. Public employee unions funded a month-long TV ad blitz making baseless charges against the businessman.

With incumbent Governor Pat Quinn facing no significant opposition in the Democratic Primary, the unions are also organizing Democrats to crossover to vote for State Sen. Kirk Dillard in the Republican Primary.

But I think Dillard, the 20-year incumbent Republican officeholder, will be no match for the guy who supports term limits.

This is Common Sense. I’m Paul Jacob.