Comments below in  BF
 
--I thought I'd get a rise out of  you  
 
BR
 
========================================
 
3/21/2012 7:50:02 P.M. Pacific Daylight  Time, [email protected] 
writes:

I'll take him. 

Now on to the other  comments. 

An "elaborate rationalization for inequality, for Social  Darwinism, and 
for irreligion or anti-religion?" REALLY??? That depends upon  your 
measurements. If you are doing the PC "outcome based" evaluation method  that's 
probably accurate. Trouble is that you and most given libertarians  aren't 
speaking the same language when you do so. Different people have  different 
talents 
and those talents are valued at different amounts of money  in the labor 
market. Call that a "rationalization" if you will, but I  certainly cannot 
agree. Social Darwinism? I'm not sure what you mean.  

People rise or fall based upon their  talents.
 
Here's the problem. You   --and  many other people--   seem to think that  
talent
always prevails in this best  of all possible worlds. Indeed, ideally, 
talent  should.  
Everyone who is rational  thinks so.
 
However, this principle "ain't  necessarily so," and this is hardly to 
consider
just a small minority.  Probably a majority of the talented do rise to the 
top,
however you may define "top,"  but there is no way in hell that this is
remotely possible for everyone  in the market, because :
 
The market is mixed, partly it  is a rigged game.
 
Sure, here and there you will  find fairness and equity, here and there
you will find a just system in  operation where the most talented,
or most dedicated, or most  hard working, do succeed. This is
undeniable. It is a great  strength of the market.
 
However, to generalize from these facts to a conclusion that the  market
is always just and equitable and always rewards talent,  would be ludicrous.
And this is the Huge Failing   --to which they are  totally oblivious-- of
close to all Libertarians , "libertarians,"  all supply  siders, all 
Reaganomicists,
and so forth.  And precisely because of this predisposition  is why 
doctrines
like laissez faire and Social Darwinism appeal to them.  

Who, besides the talented does the market reward ?
 
The Ichans of this world, people without a trace of morality who  will
do anything for the sake of profits. Or like Gekko ( spelling "?  ) in the 
film, 
"Wall Street," the utterly ruthless and  unethical.
 
 
It also rewards the lucky.  Nothing against pure luck, being in the right 
place 
at the right time, being  fortunate in your choice of friends, having 
valuable
information fall into your  lap, and so forth, but luck is hardly based on 
nothing but talent. I do buy  the theory that at least half of the time
the lucky are actually the  smartest people on the block and that
they "make" their own luck,  but half is all that I am willing to concede.
We all know people who have  benefited from undeserved luck, don't we ?
And the market rewards  luck.
 
The market is also fairly  short-range in outlook and, in any case,
it has little use for socially  valuable outcomes. If such outcomes happen,
all well and good, but mostly  the market could care less. The bottom line
is the name of the game, end  of story.
 
For libertarians and free  market people the market can do no wrong,
indeed, it is the gold  standard for what is right. 
 
Except that this view of the  market, as just outlined, is fallacious.
Again, not because it is  always wrong, it seems to me it is more right
than wrong, but because it is  wrong  --produces bad outcomes--
as often as it does, say, 20%  or 25% of the time. This kind of
record is a major problem that  must be addressed.
 
By "major" I mean damned  serious.
 
 
 
 
 
 
 
Stratification of classes goes back as far as  human history. And 
libertarianism is a rationalization for that? Sorry don't  think so; it is a 
fairly 
recently popularized word. 
 
Never said that egalitarianism should be  taken to mean a classless society,
The point is that extreme  inequality is a serious problem and is 
unacceptable
in any actual  democracy.
 
 
 
Irreligion or anti-religion? I actually think  that most of that comes from 
the left rather than libertarians unless one  wants to give libertarians 
credit (blame?) for having far more influence than  their numbers would 
suggest. 


No dispute that most irreligion these  days comes from the Left.  However, 
within
Libertarian circles  --I  use caps for both Libtar party members and for  
non-members--
there is a  great deal of irreligion, and it is not difficult to see why :  
 Libertarian philosophy has no use for  faith except insofar as it may be a 
private matter 
with no bearing on public policy.  For  orthodox Libertarians religion is 
essentially irrelevant to  anything but private views and values, and if 
those values  
are taken into the public realm then  Libertarians get upset.
I'm sure you  have noticed exactly this.
 
 


We readily acknowledge the difference in performance of various  athletes, 
and I don't hear very much whining going out about inequalities of  pay 
between players at the same position. A general complaint that they are  ALL 
paid too much, that I have heard. But I certainly cannot go to the Dallas  
Mavericks and demand Dirk's salary, or to the Miami Heat and demand LeBron's  
salary. Both teams would laugh me out of the joint. 
 


Same thing with executives,  

With athletes you see what you pay  for. Someone hits 50 homers a season 
on a regular basis,  or someone else runs  for 100 yards a game almost 
every game, 
and, of course, you pay  them a helluva lot more  than other players.
 
It is manifestly NOT the same for  execs.  First, it is an old boys club and
getting into it may have little to  do with talent and a heckovalot to do
with which Ivy League or other  prestige school you graduated from  
( and such degrees may produce  numbskulls, like GWB as well as
really smart people like his father  ). Second, once in the club there
is protection from the world. And  huge rewards based on social standing
in this charmed circle. Sure ,  blatant failure and out you go, but for 
those
at the top all it takes to look good  is to hire expensive talent and
pretend that one's underlings are  "you,"  that their recommendations
actually belong to you, and you  deserve all the credit, and BTW,
I'd like my $5 million bonus gift  wrapped this year, thank you.
 
 
 
 
although Obama is trying to do something about that with the "class  
warfare" shtick. Well, guess what? I'm tired of supporting the moocher class.  
And 
while I can think of plenty of overpaid executives, I'm sure that CEOs of  
smaller companies aren't getting away with massive salaries-that's mostly 
for  the larger organizations. They need to come down to reality, but then 
again,  we need to have some folks who can really afford to send their kids to 
college  instead of sending them on the backs of the taxpayers. 

I think it is  too broad brush to say that none of the new educational 
platforms do not work.  With the now exorbitant costs of a university education 
(my daughter owes more  on her student loans than my first house was worth) 
and the job market that  sux, most institutions have priced themselves to 
the point that only  government aid is keeping a lot of them afloat. Why are 
non-marketable degrees  pushed? 
 
I'm not sure that they are pushed,  but there is major irresponsibility in 
academia
for not making it very clear to  students in X number of disciplines that 
upon graduation
the chances of finding work in their  chosen field is near zero.
 
 
To create a perpetual "lower class" with perpetual grievances? Sometimes  
it seems that way. Or maybe it is to support the faculty who have achieved  
"tenure" and cannot be fired in non-marketable (or not marketable enough)  
areas of study. Or maybe it is to support the ever expanding bureaucrats who  
have to fill out and file all of the government paperwork that comes with 
the  government aid, so that the government bureaucrats can justify their 
jobs,  too. 
 



Too much conspiratorialism here but I  think you are on to something 
important.
Much of what happens isn't by  design but by inertia, ignorance, and  
--to reuse the word--  irresponsibility.  But $hi%  does happen
and it often works out the way  you suggest.
 


David

I know I'm behind-we have company and my computer is  in the bedroom where 
they are sleeping. 



  _     
 
"I am so  Libertarian that I don't think  lawyers and doctors should be 
licensed by the government. I am so  Libertarian  that I make some Libertarians 
 cringe."--Neal Boortz  


On 3/19/2012 6:16 PM, [email protected]_ (mailto:[email protected])  wrote:  
 
Ernie  :
Excellent brain food. Just a couple  of comments--
 
( 1 )  Somewhere along the way  we need to demythologize libertarianism.
What it actually is, in addition to  being a much needed antidote to
narrow-mindedness and authoritarian  thinking, is an elaborate 
rationalization 
for inequality, for Social  Darwinism, and for irreligion or anti-religion. 
Its economic predicate is undiluted  Adam Smith as if his view of how 
the economy works remains true   --if it ever was-- despite the 
vastly different world of the 21st  century. This proposition
is preposterous.
 
( 2 )  If  Thiel actually  looked into new universities and found none that 
worked
he is also saying that none at all  work, an outlook that is ridiculous. 
The real question
is, considering university education  in all its dimensions, "what works 
and what does not ?"
Some things work  very well, others are so-so, and the rest work poorly or 
not at  all.
Most of all new ideas are needed and  the chances are that any stuffed shirt
academics will not be the people who  can possibly come up with innovative
suggestions, nor can 99% of  careerists in any field. Careers are positive 
"Goods,"
for sure, but not at the expense of  higher values, which is exactly what
many careerists are more than  willing to sacrifice for the sake of
their careers. Perhaps nowhere is  this more obvious than in
any number of fields in  academia.
 
Much more could be said about the  interview but let me rest my case
with these observations, which  should open enough by way of a can of
worms to make people  happy.
 
 
Billy
 
=======================================================
 
 
 
 
3/19/2012 2:25:52 P.M. Pacific  Daylight Time, 
[email protected]_ (mailto:[email protected])  writes:

I don't know if DRB would accept  him as a libertarian but I appreciate the 
radical centrist  critique. 

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