Tag: bigotry

Categories
free trade & free markets ideological culture tax policy

Greed and Bigotry on the Campaign Trail

On the video page featuring Mitt Romney’s notorious “corporations are people” comment — the one I clicked to, anyway — every comment was negative, with jokes like “Did you hear that S&P downgraded the Tea Party credit grade to KK+?” and economically illiterate whoppers like “Corporations do not help anyone except those who own them or do what they say.” It’s saddening to see ignorance and bigotry so self-​righteously maintained by everyday Americans.

Yes, bigotry.

For Romney was right: Corporations are made of people. Those who roil with hatred for corporations, singling them out for more regulation or greater taxation, are attacking actual living, breathing people, who, as Milton Friedman pointed out, are made up of three classes of just plain folks: the owners, the shareholders, who are people; the corporation’s hired workers and managers, who are people; and served customers, that is, people who have chosen, sans duress, to buy stuff from the corporations. 

Economist Steven Horwitz, writing in the Buffalo News, cited one study that estimated that “45 percent to 75 percent of the burden of a corporate tax increase is borne by workers,” and noted that, if profits fall, fewer dividends would go to stockholders.

And “stockholders” are often nothing other than workers’ retirement funds. 

Yeah, soak the older people. That should make corporation-​haters feel good.

Setting aside “some other people” to hate is exactly what anti-​corporatists are doing. It’s bigotry. And it’s ugly … and de-humanizing.

This is Common Sense. I’m Paul Jacob.

Categories
property rights

Taste Racism

Bigotry and intolerance come in many forms. And they come around again and again. A bizarre New York Times “news story” demonstrates this:

Baghdad has weathered invasion, occupation, sectarian warfare and suicide bombers. But now it faces a new scourge: tastelessness.

Ah, the last twist of the knife! After all the bloodshed and tyranny, Iraqis celebrate newness with color:

In downtown Baghdad, a police headquarters has been painted two shades of purple: lilac and grape. The central bank, a staid building in many countries, is coated in bright red candy cane stripes.

The reporters list many examples. 

Matt Welch, at Reason magazine’s Hit & Run, has choice words for this particular article: “obnoxious” and “contemptible” and “latent ‘taste racism.’”

Put me in Matt’s camp. Aesthetic intolerance like this is ugly.

Contrary to the New York Times, the so-​called color-​crazed Iraqi people have latched onto a good thing: Property rights. You see, says a quoted expert, their mentality is “that you have to be the owner of your building, and you do what you want with it. But there are no government regulations like in Paris or Rome. It’s anarchy of taste.”

Oh, how shocking.

But is our tyranny of taste in towns and cities in the western world better? We have busybody City Councils and nasty neighbors telling you that you’ve painted your house the wrong shade of brown.

Freedom should be celebrated in many colors, including colors that annoy writers for the New York Times.

This is Common Sense. I’m Paul Jacob.