Categories
folly ideological culture moral hazard

Mass Murderers Are Cool?

If you have a lick of sense, you wouldn’t emblazon images of Ché Guevara on your chest or your wall — and yet Ché t‑shirts and posters have been a pop culture hit for decades now.

He is cool, we are told, because he was ¡Viva la Revolución! and all that.

But it could get worse. You could be emblazoning a hammer and sickle.

Walmart’s website is there to help. Under “men’s sleeveless,” for example, we see an artistic rendering of the old Communist symbol, frankly identified as a “Soviet Hammer and Sickle,” white on black for $14.97.* Walmart files it under “Pop culture.”

Aren’t men’s sleeveless shirts called “wife beaters”? Should we now call them Kulak Killers?

It’s hip to murder millions!

No wonder Lithuania and several other Baltic countries — who suffered greatly under Soviet rule — object. Indeed, many of these countries go too far in actually banning the symbols. Now, they have contacted Walmart requesting a cessation in hawking the offensive merchandise. “You wouldn’t buy Nazi-​themed clothing, would you?” Lithuania’s foreign minister Linas Linkevicius tweeted. Or sell such items.

But a few people might. Certainly, a lot of people do buy stuff that others regard as “Nazi.” Sometimes to be “cool”; other times to make a controversial political point.

At the Uhuru Store, Gavin McInnes’s “ProudBoys Official” sells a “Pinochet Did Nothing Wrong” t‑shirt for twice the price of Walmart’s Hammer and Sickle shirt — and that surely has annoyed leftists who have seen it.

I’m waiting for the death of cool.

This is Common Sense. I’m Paul Jacob.

 


* The shirts also come in Navy, Royal and Gray. I guess to get a red commie shirt you have to go for the sleeves.

PDF for printing

 


Categories
Accountability general freedom ideological culture national politics & policies Popular too much government

Pulling It Off

Give democratic socialism a chance? 

So says Dr. Cornel West, the “provocative democratic intellectual” who serves as one of eight honorary co-​chairs of the Democratic Socialists of America. 

This accomplished Professor of the Practice of Public Philosophy at Harvard University, and Professor Emeritus at Princeton, explained to Fox News host Tucker Carlson that socialism’s “fundamental commitment is to the dignity of ordinary people and to make sure they can lead lives of decency.”

“What happened in Venezuela?” Carlson asked West. “They called that democratic socialism. But they don’t have toilet paper and it’s less equal than ever.”

“But part of the problem is though, brother,” the professor responded, “that any time there [have] been attempts by ordinary people to engage in self-​determination, they can get crushed by external nations. Look at U.S. policies toward Venezuela [which have] been very, very ugly — Nicaragua in the same way.”

West offered nary a specific to his charge, but was handy stating his conclusion. “So, we have never had a chance to really pull it off,” the “it” being socialism. 

“So it’s only been a movement so far.”*

How convenient.

West implicitly acknowledges that those ruling Venezuela and Nicaragua are practicing socialism. But he won’t hold them or the ‑ism responsible for the economic collapse, the hunger, the exodus of millions of very desperate “ordinary” citizens, the arbitrary arrests, use of torture and murder of innocent citizens. 

Dr. West, a follow-​up question: Just what specific U.S. policy triggered these socialists to murder and torture their own people?

This is Common Sense. I’m Paul Jacob.


* Dr. West also announced that socialism “is not an ‘ism,’ brother.” I think the professor needs to take a course in ism-ology.

PDF for printing

 

Photo by Gage Skidmore

Categories
national politics & policies responsibility too much government

The Problem with Public Accounts

President Trump’s promise not to cut one dime from Social Security and Medicare doesn’t square with the fiscal cliff these programs are headed for. To save the system, benefits must be cut, taxes must be raised, or both.

Or else replace the system.

No wonder, then, that John Stossel insists we “Fix Social Security Before It Goes Broke,” and rescues a decades-​old proposal: “private accounts,” which he says “would certainly pay retirees more than Social Security will ever pay.”

In Chile, where they have tried this, private accounts have worked out pretty well, contributing to the once-​impoverished country’s rise to “the richest country in Latin America.” 

Had the United States adopted such a system, at Social Security’s inception, the amount of capital flowing into projects big and small would have not merely prevented the stagflation of the Seventies and brought us almost unimaginable wealth, it might have turned political eyes towards accountability, prudence and stability.

But, because Social Security was set up as a Pay As We Go system, we paid … and the money went.

It got so messed up that by the 1980s Ronald Reagan charged Alan Greenspan with “fixing” it. That “fix” mainly meant increasing taxation. The decades of revenue surge over outflow was spent by Congress for war and handouts. And now we’re reaching a repeat of the late 1970s’ Social Security insolvency.

Meanwhile, Chilean leftists “hold street protests against private accounts,” Stosssel reminds us. “They’re angry because capitalists get a slice of the pie.”

Back in the USA, Democrats demand that more benefits be wrung from Social Security. Are they dead set on proving why socialism doesn’t work?

This is Common Sense. I’m Paul Jacob.

 


PDF for printing

 

Categories
Accountability general freedom ideological culture porkbarrel politics responsibility too much government

Ask the Next Question

Republicans are very reliable. When given our system’s “Mandate of Heaven” — majorities in both houses of Congress and the Presidency — they can be relied upon to do one thing: add debt by piling up huge deficits.

It happened under George W. Bush, and it is happening under Donald J. Trump: “The Trump administration expects annual budget deficits to rise nearly $100 billion more than previously forecast in each of the next three years,” the Wall Street Journal tells us, “pushing the federal deficit above $1 trillion starting next year.”

Republicans should ask themselves why. And while they ask themselves that, everyone else should ask the next question: why do politicians who say they want one thing so often deliver its opposite?

This is not a mere “right-​wing” phenomenon. Leftists say they want “democratic socialism,” but, as Irving Kristol noted, at some point not far down their road to Utopia, “democratic socialists” must choose between democracy and socialism.* By promising everybody everything, too quickly everybody gets shanghaied into service to produce that “everything,” finding themselves conscripts in socialism’s army.

The equation of socialism with regimentation and general un-​freedom has been clear for over a century, explained carefully by sociologists, economists and even politicians.* And yet, increasingly, today’s Democrats are embracing a philosophy with proven anti-​democratic features.

Could some deep principle be at play?

Probably. It is built into the very nature of state governance, of politics itself. It may be why republics metamorphose into empires, conservatives go radical and liberals become serviles.

Which is why effective democracy requires limited government. To minimize that boomerang effect.

We might start by limiting spending.

This is Common Sense. I’m Paul Jacob.

 


* Herbert Spencer’s writings on socialism include The Man versus the State (1884) and Industrial Institutions (1896, Principles of Sociology, Vol. III, Part VIII); German politician Eugene Richter’s satire Pictures of the Socialist Future (1896) is well worth reading; and economist Yves Guyot preceded Ludwig von Mises’ classic Die Gemeinwirtschaft (1922, translated as Socialism: An Economic and Sociological Analysis, 1950) with several books, including The Tyranny of Socialism (1893) and Socialistic Fallacies (1910).

PDF for printing

 

Categories
Accountability folly free trade & free markets general freedom moral hazard property rights responsibility too much government

Poison Is Poisonous

Venezuela’s socialist economy has been collapsing. 

No big mystery. If, out of hostility to capitalism, a society keeps destroying everything that production, trade, and prosperity depend upon, the economy suffers. The benefits of markets don’t flow no matter what.

One assault has taken the form of hyperinflation — runaway printing of currency, done in part to dissolve government debt. Many Venezuelans are resorting to barter. It’s easy to understand why. 

Or is it? A Reuters reporter says that economists say that “the central bank [of Venezuela] has not printed bills fast enough to keep up with inflation, which … reached an annual rate of almost 25,000 percent in May.”

So go faster!?

Dude. Dude. The massive expansion of Venezuela’s money supply is what’s causing massive jumps in prices. Just like any other economic good, the medium of exchange is subject to the laws of supply and demand.

Other things being equal, enormously increasing a supply of a good will enormously lower its market value or price. Money, too, has a price — in terms of the non-​monetary goods being bought. If the pre-​hyperinflation price of a dollar in terms of bread is one loaf and the post-​hyperinflation price is one bread crumb, you won’t reverse the decline by printing even more dollars or bolívars even faster.

If you’re ingesting poison, you can’t fight the effects by being poisoned more and harder. The very first thing to do is stop ingesting the poison.

This is Common Sense. I’m Paul Jacob.

 

 


PDF for printing

 

Categories
meme

The Socialist Pledge

What’s yours is mine, and what’s mine…

is mine.