Corporatism is not Capitalism

Keynes suggested the use of government to make more efficient allocations of capital but was often critical of the incompetence of government officials.  He seems to unknowingly refute himself.  The weak accountability in government action is what distinguishes it from market solutions.  The worst solution is the pairing of select firms to partner with government actors.  When the results fail capitalism is faulted, bur corporatism is not capitalism.

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The Cost of Virtue Signaling

How much would you bet on the price of oil in 30 years?  Or the price of corn or computer chips?  Yet we are willing to make an enormously costly bet on the climate, which is subject to far more uncontrollable and unknowable elements?  Why? Because we are playing with other people’s money.  The cost of virtue signaling is zero.

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Bi Partisan Corporatism

“Left and Right alike are partly or wholly captive to the fantasies of managerial progressivism and neo-mercantilism, with the Left imagining that Washington can intelligently direct energy and labor markets and much of the Right falling in behind protectionism, “managed trade,” and corporate welfare for everybody from Boeing to Foxconn.”

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The Real Purpose of a Bailout

Pouring money into a problem without fixing the underlying problem accomplishes the political task of surviving an election cycle.  The people who voted for this nonsense are long gone and no longer held to account.

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A New Gender Map

“Despite their general affluence, professional women of the Western world have been chronically unhappy for decades, and I conjecture that it is partly because they have been led to expect happiness from a mechanical work environment that doesn’t make men happy either.”

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Paglia on #MeToo

“I am wholeheartedly in favor of women students or employees knowing their rights and speaking up to defend them. However, the #MeToo movement has gone seriously off track in encouraging uncorroborated accusations dating from ten, twenty, or thirty years ago. No democracy can survive in such a paranoid climate of ambush and summary execution. This is Stalinism, a nadir of politics.”

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The Political Organization of Hatreds

“Simply put, we live in a populist moment when many of the gatekeepers have either abandoned their posts to join the mob or stand lonely vigil at gates that are no longer needed because the walls are crumbling. To borrow a phrase from Julien Benda’s landmark Treason of the Intellectuals, our age is marked by the “political organization of hatreds.” What McCarthy did with letters and telegrams, President Trump does with Twitter.”

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Midterm Realities

The adage that we vote our pocketbooks only applies if the economy sucks. A candidate gets less credit for a strong economy than he gets the blame for a weak economy.

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The Middle Way

“The “middle way” sounds moderate and un-radical. Its appeal is that it sounds unideological and freethinking. But philosophically the Third Way is not mere difference splitting; it is utopian and authoritarian. ” Liberal Fascism

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Policy and Perceptions

It is a recurring lesson that most voters care less about policy than subjective perceptions. As big problems are addressed lesser problems become more pronounced. The difference between the right and the left is less about the substance of the policies than the weight allotted to them.

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Why Was It Even Close?

His combative tone is welcomed by his supporters and hated by the opposition.  He is solidifying his base and turning his reluctant supporters into committed supporters, but Trump is less effective at getting new supporters.  

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The Big Factory

“Being so focused on Washington, it is natural that the Democrats have allowed the atrophy of their political muscle in the states, leading to diminished power in them. At the same time, the people in the more rural states have not failed to appreciate that the Democrats’ Washington-first approach devalues them and their communities — precisely the problem that our constitutional order was designed to ameliorate.”

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Victims of Their Own Success – Election Night 2018 11 06

Trump is puzzling; his errant tone and behavior has energized his base and his opposition. I do not believe that he is racist or the next Hitler, but his thoughtless comments certainly gives fodder to those that require a demon to define themselves. The real question is how it impacts the independents. The uncivil mob behavior of the left concerns many of the independents more than the thoughtless comments of Trump.

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Liberty vs Identity

“The left sees people primarily as members of groups defined by race, class, sex and sexual orientation. They are therefore confident that demographics are destiny.”

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Social Justice vs Truth

“In a reversal of traditional liberal values, the left now prioritizes social justice over free speech, respect for facts, and the marketplace of ideas. “

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The Political Temperature

“If you rationalize mob behavior every time you don’t get your way in the electoral process, you don’t care about the temperature. And if your first instinct is to play politics with tragedy for partisan gain, you are part of the problem.”

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A Better Presidential Perspective

“The fact that America just keeps on trucking irrespective of the qualities or character of the man in the Oval Office ought to make us think rather less of the presidency and rather more of ourselves — and think better of our neighbors, our businesses, our public institutions, our civil society, and much else — including the citizens who do not share our political views.”

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Trump and the Jews

“It was his administration that kicked the Palestine Liberation Organization, the most successful Jewish-civilian murdering organization of the past 60 years, out of DC. It was the Trump administration that cut funding to the anti-Semitic U.N. Relief and Works Agency. It was also the Trump administration that turned around the unique Obama-era legacy of standing against Israel at the United Nations. And it is his administration that cracked down on anti-Semitism on college campuses and that deported one of the last real-life Nazis.”

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Performance Outrage

“Our politics is full of performative outrage, histrionics that are designed to imbue unserious people with an air moral seriousness and to keep the rubes emotionally invested long enough to get them to a commercial break.”

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Tree of Life

Admit this is challenging and stop the blaming and straw dogs. Virtue signaling is cheap. Real solutions to complicated problems are not.

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