capitalism

I’m really happy with this way this article turned out. It is published at Crisis. The editor John Zmirak had initially sent me a piece by the legendary historian Christopher Dawson and asked me to respond. I generally avoid this sort of debate so I didn’t bother to look at the piece for probably ten days or so. In fact, I didn’t really accept the challenge.

Then I read the piece. It was quite incredible. Dawson sweeps his scholarly hand over vast continents and epochs and makes wild claims entirely abstracted from the real experience of humanity. Nowhere does he show the slightest interest in the plight of the common man and his quality of life. He is happy to declare the middle ages to be this wonderful time of faith and order and then proceeds to blast away all of the last several hundred years as hopelessly corrupted by materialism. His target is what he calls the bourgeoisie, and here he admits that his thinking is in line with Karl Marx. But there is a difference. Whereas the Marxists posited a hopeless conflict between capital and labor, his model posits a conflict between real faith and material provision. The two are irreconcilable.

The real danger of the Dawson piece is its erudition in big things and its deep disengagement with the small things that make life good, like clean clothes, medical care, running water, job opportunities, access to food to feed the children, and the like. He cares nothing for these things. He is content to simply praise the past for its Michelangos and Berninis and condemn the present for its Lady Gagas and Justin Beibers. It’s really a cheap trick and an obvious one: pick the best of the past and the worst of the present and you can paint a picture of relentless decline.

My response points to the dramatic change that took hold of the world in the late 18th and early 19th centuries, a change that created what we call the middle class today. It gave life to hundreds of millions of people. Without the bourgeoisie and the capitalist marketplace they sustain, the world could not support seven billion. Surely a high-minded cultural historian like Dawson should care about things like this? Surely!

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Over at the Center for a Stateless Society, Michael Kleen asks whether compassionate libertarians can agree to oppose sweatshops as a matter of social justice. Ah, but what does he mean by “oppose” and “social justice”?

Libertarianism is not about people just getting by; it is about maximizing human liberty. Liberty cannot be achieved as long as eking out a living in dangerous conditions for 12 to 14 hours a day is an individual’s most attractive option.

So there could not have been liberty prior to modern times?

Either this line of argument was not thought out or Kleen subscribes to a Marxist-style determinist-materialist conception of history. I hope for the former, as these lines strike me as a propagandistic rhetorical flourish.

Incidentally, the conception of liberty used by Kleen here equivocates between the libertarian conception (i.e., not being subject to the threat or use of initiatory physical force) and a more left-liberal/socialist conception of liberty as positive economic freedoms. I’m afraid compassionate libertarians cannot get on board with such a conflation. To treat both as a matter of political justice is to try to wed contradictions, because “promoting” positive economic freedoms in this way will necessarily require the violation of rights (liberty). This is the mistake made by statist socialists and left-liberals.

Although Kleen uses the term “social justice,” he actually conflates political justice and social justice here and elsewhere in his post. If one insists on using the term “justice” in reference to positive economic freedoms, it is important to distinguish social justice (more a matter of personal morality and unenforceable in a libertarian legal system) from political justice (liberty/rights, which are enforceable in a libertarian legal system).

Kleen also seems to conflate pointing out that people often choose to work in a sweatshop because they see it as better than the alternatives with endorsing sweatshops as ideal work environments. I can’t speak for everyone who doesn’t see sweatshops as unjust and an indictment of capitalism, but I think that most do not think of sweatshops as ideal or unequivocally good. We just do not think that capitalism, as amazing as it is, can magically allow a poor, agricultural society to just skip over the terrible working conditions of the Industrial Revolution in its transition to an industrial or post-industrial economy.

Sweatshops are simply often better than the alternatives available and opposing them via statist means will only be counterproductive, harming the very poor such policies are meant to help. This does not mean we “favor” sweatshops in the abstract or propose them as an ideal business model. It does not mean we do not sympathize with the plight of the poor working in such conditions. Having to point this out makes me feel like I do when libertarians oppose the state performing some function and statists of all parties assume that means we don’t want that function performed at all — e.g., we oppose social-welfare policies so that must mean we hate the poor and want them out on the streets, starving to death, dying of disease. Hardly.

Kleen’s post contains a few other nits in need of picking:

[Keep reading…]

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The prolific Anthony Gregory has a great article up today at LewRockwell.com, “Why Capitalism Is Worth Defending.” His view is that capitalism is “the greatest engine of material prosperity in human history, the fount of civilization, peace, and modernity.” As part of his argument he rejects the calls of some fellow travelers to drop the word capitalism because of its origins (it was coined by its enemies) and because it is used by some corporate capitalist types to refer to their preferred system. As Gregory writes:

even insofar as the word has negative connotations in popular culture, we might still want to adopt it. The anti-Federalists were initially opposed to the label affixed to them by the Hamiltonian statists. But now I would uphold that descriptor with pride. This is an area where we can take a cue from the gay rights activists who were smeared as “queer,” only to proudly appropriate the term for their own uses. … regardless of how we define it, in terms of feeding the masses and sustaining society, I will take flawed capitalism over flawed socialism any day. I will take state capitalism, crony capitalism, or corporate capitalism over state socialism, democratic socialism, or national socialism.

Another interesting insight Gregory makes is the parallel between capitalism itself and the use of the word: “Maybe it takes longer to explain ourselves when we adopt the battle cry of capitalism – it also takes longer to be a capitalist than only a consumer.”

Great piece.

 

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Re-Imagining Marketopia: A Reply to Terence Ball

by Matthew Alexander June 29, 2011

A decade ago Terence Ball wrote a critique of some Frankenstein-like creature meant to represent free market ideology. He robbed the graves of men and women as diverse as Murray Rothbard, Margaret Thatcher, Robert Nozick and Ayn Rand to put it together and came up with something that no libertarian would endorse, I suspect, but [...]

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Jennifer Burns on Ayn Rand and the Classical Liberal Tradition

by Geoffrey Allan Plauché May 28, 2011

With the recent release of the first part of the film adaptation of Atlas Shrugged (see Matthew Alexander’s review on Prometheus Unbound), the Institute for Humane Studies (IHS) — via LearnLiberty.org – brings us this interview with Professor Jennifer Burns, author of Goddess of the Market: Ayn Rand and the American Right, on how Ayn Rand fits [...]

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More on Dorothy Day, Anarchist

by Ryan McMaken May 4, 2011

I mentioned Dorothy Day in passing in yesterday’s post. Specifically I named her as part of the Catholic pacifist-anarchist tradition. A couple of readers asked about whether or not Day was actually an anarchist, as they had always heard she was a socialist. I referred one reader to a short article on Day that noted [...]

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Arthur C. Clarke vs. Economics and Capitalism

by Geoffrey Allan Plauché March 30, 2011

A few years ago in honor of Arthur C. Clarke’s then-recent birthday, I wrote on my own blog that he must never have read Ludwig von Mises and Murray Rothbard, because according to this quote cited by Gregory Benford in his happy-birthday letter in Locus Magazine (January 2008), he claims that “there are some general [...]

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