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Expunging Guilt from Affluent Liberals

“Human history for these guys is just an endless rotation of oppressor and oppressed, a revolving door of masters and slaves in Hegel’s view, proletariat and bourgeoisie for Marx, privileged white people vs. marginalized people of color in Critical Race Theory. “

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The Neo Progressive Era

While the second Wilson Administration pushed illiberal policies such as the Sedition Act of 1918, today we have voluntarily embraced illiberal mean to achieve liberal ends. I find this even more disturbing. The cancel culture and politically correct curbs on free speech has eroded legitimate debate and made the voting booth the last remaining safe space. This is magnified by a media that has replaced objective journalistic standards will the protection of partisan narratives.

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Endless Tax Wars

Our biggest challenge is an endless appetite for government spending and an unwillingness and inability to raise taxes enough to support it. The idea that infinite spending can be supported by a small percentage of taxpayer defies basic math and principles of human action. This has caused record deficits and a belief that deficits do not matter and that tradeoffs are no longer required.

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The New Challenge to the Constitution

The progressive challenges to the founding principles was largely intellectual and ideological; few challenged them on moral grounds. The current revolution of the woke vigilantes now challenges the entire morality of the founding; this is the danger of the 1619 Project and its reflection in the Black Lives Matter organization. By changing the focus of the founding from one of clarifying and protecting rights to one of advancing and protecting slavery they seek to remove any moral authority of the founding and the Declaration of Independence. It is no wonder that the statue toppling Olympics did not stop with the Confederates; Washington, Jefferson, and Lincoln were sure to follow.

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Capital Is Amoral

Toleration and appeasement of the lawless mob will only make the divisions worse. The inability or unwillingness to stop destruction of property and uphold the law, the justification and rationalization of this by sympathetic hearts and minds will only make it worse and the dismissal as only a swing of the pendulum will greatly damage the urban areas that are home to the abused. It does not matter that most protests were peaceful; when enough violence is unchecked people and their capital will leave.

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Covid-19 Saves the World

In the meantime, we will achieve long sought goals of dramatically reducing our carbon footprint, inequality, and even DUI’s and simultaneously realize they were far less important than we thought.  We will also hopefully learn to appreciate institutions, forces, and fellow citizens and workers we took for granted and even criticized a few months ago that are now critical to our survival.

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The Bernie Sanders Threat

Bernie is the moral supremacist progressive of the first Progressive Era of 1900-1920 that reacted to the Gilded Age and inequality of that period. Bloomberg is the elite technocrat Progressive of the second Progressive Era of 1932-1980; beginning with the New Deal and ending with the Great Society. The irony of a “progressive” reclaiming old and exhausted positions from fifty to a hundred years ago is lost on most who accept progressivism.

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Deregulation and Antitrust

“Mr. Philippon is no fan of regulation. On the contrary, in his view political lobbying ensures that regulatory regimes benefit the status quo by limiting the entry and growth of small firms that might become challengers to big market players.”

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Elizabeth Warren’s Wall

Warren uses ‘rich people’ as a scapegoat in the same way the classical bigots of history used religious and ethnic  vulnerable minorities and the ‘others’.  It is a form of intellectual bigotry and is clouded in the same lethal combination of ignorance and dishonesty.

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Zero Interest rates challenge our economic assumptions

There is a mismatch between countries with stable financial structures and countries with great growth opportunities. Emerging nations have more room to grow but business owners in third world and some second world countries prefer to hold their cash in more stable economies increasing the supply of cash.

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Prosperity and Democracy

“..the longer a successful society is stable, the more numerous are the successful factions—not the poor, or the unemployed, or the new entrepreneurial risk-takers who are trying to gain a foothold against established competitors—who become deft at gaming the political system for advantages.”

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Political Gangsters

“When you hand power over to planners, technocrats, or commissars to substitute their judgement for the rule of law, you are behaving like an outlaw, because you are literally outside the law.”

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The Demise of Objective Sociology

“..we did not think our primary professional task was improving political institutions or helping people who were suffering. Understanding how and why people interacted with one another was difficult enough.”

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The Progressive Inception

Clarity in words and thoughts decay over time.  When opposing views retain respect for the same words and principles, those ideas become ripe for interpretation, transposed to meet our current personal and political objectives as much as we may profess fidelity to its conception.

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The Third Wave of Capitalism

Competition is both wasteful and efficient. Lots of ideas die, but the new ones that emerge more than make up for the loss. Central planning may restrict competitive ideas, but rarely leads to the emergence of great ideas because central planning is reacting to problems and needs that become obsolete before the ink is dry on the plan.

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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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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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The Role of the Ruling Class

The progressive effort to remove the obstacles to a purer democracy exposed the faults of democracy.  The administrative state moved law making power away from the accountability of an electorate.  Deliberation and debate were replaced by referendums and mobs. In frustration the voters sought their objectives from the courts and the executive.  It should be no surprise that those contests have become so hostile.

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FDR and Trump

“Putting markets under economic discipline is where progressivism, socialism, fascism, and nationalism all intersect, each of those ideas being based on the superstition that the nation has interests distinct from those of the people who compose the nation.”

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Willing and Able to Articulate

“The challenge is not just that Australians, Canadians, Europeans, and Americans increasingly cannot articulate the values that explain why throngs of immigrants migrate to their shores, but that even if they could, they feel that they probably should not.”

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