Free men are not equal, equal men are not free.
Showing posts with label crony capitalism. Show all posts
Showing posts with label crony capitalism. Show all posts

Tuesday, July 11, 2017

The Servile State

Over at the Zblog, the Z man has a few thoughts on what happens when you combine the worst aspects of capitalism and socialism.
The result is that the business is forced to hire people it may not wish to hire, but the state also dictates to labor how and when they can sell their labor. Put another way, the poor are forced to serve the rich, but the rich are forced to be generous to the poor, looking out for their welfare. It is a social contract enforced at the barrel of a gun. It has the inequality of capitalism and the lack of political liberty inherent in socialism. The Servile State is the worst elements of both economic systems.

Belloc could not see what was coming in the post-war era and he certainly had no idea what was coming with the technological revolution and the explosion of neo-liberal globalism. He was prescient, however, with regards to how English economic systems would evolve over time. Look around at the modern world and you see the world he described as the inevitable result of “reformed capitalism.” Today, employers hire whole teams of people who makes sure the rich and powerful follow the rules.

What’s been missing in the technological age is the other half of the equation. As the West de-industrialized, the enforcement of labor laws have fallen away. Masses of helot labor brought over from Asia into Silicon Valley, for example, worked under agreements they struck with the business owners. Tech companies love open borders as it gives them a loophole to avoid some of the constraints of the Servile State. The same is true at the unskilled end, where companies rely upon masses of labor from Latin America.
Go read the whole thing.

Sunday, September 25, 2016

A Constitution is Only as Good as the People Living Under It - Systems and Principles

OK - so due to the interview between Scott Adams and Stefan Molyneux, I've been doing a lot of thinking, about habits, patterns of thought, free will, and tools to reprogram ourselves. So now - government.

The constitution, the original document as written, is a system. A tool. Like all tools, it is morally neutral, and it is actually the Bill of Rights that provides moral boundaries, or guiding principles to it, while the earlier Declaration in a way provides aspirational inspiration. Even in it's time the framers of the Constitution believed that their system of government would not last the ages, and was only suitable for a christian, moral people.

So when some on the alt-right mock the conservative fixation on "muh constitution" - it bothers me, I value it - but I get it.

It's just a system, a set of habits, methods, algorithms. There are other ones. Some are "better", some are worse, and in a number of ways that valuation depends on what kind of people the system is helping  -for lack of a better word - govern, and their temperament. Just like developing new habits, we can put new systems in place. The choices made will increase or reduce administrative and bureaucratic friction, encourage or discourage entrepreneurs, and make treaty decisions and foreign relationships more stable or not. In the end, it's a methodology - just like solving a word problem. There may be an easy way and a hard way, ways that are better matches for your priorities, but as long as you reach the truth, or the correct answer, they are morally irrelevant.

But what if the government decides the answer is to round up every left-handed redhead and execute every tenth one? Well.... that's why we have the Bill of Rights.

To me, the first ten amendments in the Bill of Rights are far more important than the actual system of government administration and legislation. They are also mostly agnostic to the system they are attached to. Those rights are either recognized, or they are not. In being recognized they will limit the form of government - for example by preventing the government from rounding up and executing redheads "just because" - but as we are seeing in the US these days, the system is mostly still in place, while the rights the government is supposed to leave alone are eroded year by year.

The safeguards in place, the system matters, but not if the goal is not to limit the power of government. Without those limits, the system will rapidly devolve, expand per Pournelle's iron law of bureaucracy, to further its own existence without limit.

In this, I include corporations. No, you're not going to see an "occupy" rant about evil corporations, but, concentration of power is concentration of power. A company town is still a state - just a corporate one.

Of course, you can't simply regulate the power of corporations. Power is one of the most addictive drugs out there, and so those with money and clout will bend their will to realign political power to their own advantage.

So this brings us back to the people. If the people don't care about freedom of speech instead of limiting "hate" speech. If they don't care about freedom to practice one's faith, to be armed to effectively defend oneself, then they will undermine the systems until those rights are effectively null and void. A society that wishes to preserve those things must value those things, and must demonstrate that value by teaching the following generations what they have, and how to preserve it. More importantly, they must have and raise those following generations.

In this case, importing those generations via mass immigration is not only a cheat, but guarantees - whether you think it's simply cultural inertia or statistical trends in genetically driven personality traits of populations - that those values die out.

If you value those freedoms, have kids, raise them, teach them, don't take shortcuts. Don't import another culture.

The future belongs to those who show up.

Tuesday, September 6, 2016

Crony Capitalism

While I often disagree to one degree or another with various articles over at Slate Star Codex, they at least are in search of the truth, and the latest, in a response to an article over at vox.com, is a very good explanation of both why "crony" capitalism is bad, and why calls to further regulate, say, pharmaceuticals, are disingenuous.
Let me ask Vox a question: when was the last time that America’s chair industry hiked the price of chairs 400% and suddenly nobody in the country could afford to sit down? When was the last time that the mug industry decided to charge $300 per cup, and everyone had to drink coffee straight from the pot or face bankruptcy? When was the last time greedy shoe executives forced most Americans to go barefoot? And why do you think that is?

The problem with the pharmaceutical industry isn’t that they’re unregulated just like chairs and mugs. The problem with the pharmaceutical industry is that they’re part of a highly-regulated cronyist system that works completely differently from chairs and mugs.

If a chair company decided to charge $300 for their chairs, somebody else would set up a woodshop, sell their chairs for $250, and make a killing – and so on until chairs cost normal-chair-prices again. When Mylan decided to sell EpiPens for $300, in any normal system somebody would have made their own EpiPens and sold them for less. It wouldn’t have been hard. Its active ingredient, epinephrine, is off-patent, was being synthesized as early as 1906, and costs about ten cents per EpiPen-load.
There's more at the link, and it's all spot on.