Ron Paul’s Principle of Personal Responsibility: A Critique

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5. Individuals are responsible for their own actions; government cannot and should not protect us from ourselves.

–from The Ten Principles of a Free Society

Part of the reason I began critiquing Ron Paul’s Ten Principles of a Free Society a couple of years ago was my curiosity about whether they really were essential to any free society or just Ron Paul’s vision of one. I think I can use the fifth principle to show why they are all uniquely Paulian/Libertarian and not, in fact, essential to all notions of a free society. To do that, I just need to show you an example of a free society where government or an authority can and should protect us “from ourselves.” Continue reading

Blast from the past, but it seems relevant still

christofpierson:

 

“It appears that the inequality gap in the US has been caused by a combination of legalized looting of public resources by the financial class and tax policies that have favored them above all other classes in the society. This is, in effect, a government underwritten redistribution of wealth away from the bottom 99% toward the top 1% and, therefore, it would seem to violate the Paulist principle that starts this article.”

Originally posted on Tragic Farce:

4. Government may not redistribute private wealth or grant special privileges to any individual or group.

–from The Ten Principles of a Free Society

Continuing my gradual critique of Ron Paul’s Ten Principles, the next in line is relevant to what I’ve been talking a lot about these past few weeks, the great impetus behind #OccupyWallStreet: income inequality.

It’s significant that the godfather of the Tea Party movement (the original form of it, anyway) includes wealth redistribution in his principles of liberty. It points up an area where these two movements can either come together or get driven apart.  There’s no question about where #ows stands on this point. Income inequality is a key symptom of the disease #0ws arose in response to, and one of its goals, I would argue,  is to force a correction of what it views this to be: a moral wrong. If Paul is…

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Naomi Klein: Climate Science Deniers Are Right About One Thing

Once again, forward-thinking journalist Naomi Klein is steps ahead of the pack. In an interview with Klein on his Dot.Earth blog, the New York Times’s Andrew Revkin summarizes the conclusion Klein reached in a recent Nation article while attending the libertarian Heartland Conference of climate change deniers in Washington last summer: “[P]assionate corporate and conservative foes of curbs on greenhouse gases are right in asserting that a meaningful response to global warming would be a fatal blow to free markets and capitalism.”  Here’s a taste of the interview:

There is no question that robust public infrastructure is key to both reducing emissions and preparing for the heavy weather that we cannot avoid. Yet for the right-wing think tanks that sponsor the Heartland conferences (not to mention the modern-day Republican party), this is ideological heresy. Their whole reason for being is to shrink the public sphere in the name of low taxes and the benefits of privatization. What I’m arguing is that the idea that we can win the climate fight without engaging in ideological battle over these core questions about the role of government has always been a fantasy. Trying to dodge this fight is a big part of why we lose, and we need to get over it. It’s no coincidence that the countries with the most enlightened climate policies are also, overwhelmingly, the most social democratic.

And by the way, it’s not just that most of the big green groups avoid the growth question (with notable exceptions, as you point out). It’s that the solutions that groups like EDF (Environmental Defense Fund) have pushed are very often consumption based: buy these light bulbs, drive a hybrid, etc… And often these changes make sense. But the not-so subtle impact of putting so much emphasis on individual shopping habits has been to reinforce both consumerism and individualism. Tom Crompton and Tim Kasser have written some wonderful stuff on this. In this report, for example, Crompton argues that environmentalists need to do more to challenge the individualistic worldview in their campaign work.

This is particularly salient in light of the social science I reference in my article, particularly the research coming out of Yale’s Cultural Cognition Project, which has found that the major determinant of whether a person rejects the scientific consensus on climate change is whether they have a strongly “hierarchical” or “individualistic” worldview. One set of stats that didn’t make it into my piece: 78 per cent of subjects who display an “egalitarian” and “communitarian” worldview believe that most scientists agree climate change is happening (which is true) – compared with only 19 per cent of those with a “hierarchical” and “individualist” worldview.

For me, it follows from this that part of being an effective environmentalist is trying to win more people over to a worldview in line with the laws of physics and chemistry, rather than offering shopping advice and touting “market-based solutions.” Put another way: if we know that aggressive regulation and rebuilding the public sphere through collective action are integral to meeting this challenge, then we have a responsibility to say so, and to defend the worldview behind those policies.

I’ll return to this idea of the urgent need to change the manner and tone of the discussion when I return to my history of the fracturing Democratic grassroots  (read the first and second parts here)  in upcoming posts.

UPDATE: State of Seized Library

From the blog of #OccupyWallStreet’s People’s Library:

UPDATE: State of Seized Library.

The movement will no doubt survive, even if its flagship camp is forced to move elsewhere. But its flagship library is not as easily replaced.  More than any other aspect of Bloomberg/Kelly’s Monday night raid on Zuccotti Park, the thoughtless destruction of the People’s Library symbolizes the soullessness of the authorities threatened by our wonderfully rebellious American Fall.

May the embers of this shameful moment be kept alive in our hearts and minds to kindle an even more wonderful American Spring.

#OWS Economics: Ron Paul on Wealth and Privileges

4. Government may not redistribute private wealth or grant special privileges to any individual or group.

–from The Ten Principles of a Free Society

Continuing my gradual critique of Ron Paul’s Ten Principles, the next in line is relevant to what I’ve been talking a lot about these past few weeks, the great impetus behind #OccupyWallStreet: income inequality.

It’s significant that the godfather of the Tea Party movement (the original form of it, anyway) includes wealth redistribution in his principles of liberty. It points up an area where these two movements can either come together or get driven apart.  There’s no question about where #ows stands on this point. Income inequality is a key symptom of the disease #0ws arose in response to, and one of its goals, I would argue,  is to force a correction of what it views this to be: a moral wrong. If Paul is any indication (and I’m sure he is), the Tea Party is not so much troubled by this gap as it is by the idea that government should try to close it. Continue reading

#OWS Economics: Who’s to Blame?

Here’s an interesting video from a Texas-based libertarian, John Barksdale (my spelling may be incorrect), who calls himself order9066. I’m impressed with the research he put into this subject, and I take his point very well that it was not just Republicans who were responsible for throwing out the Glass-Steagall Act of 1933, which prohibited financial holding companies insured by the FDIC from owning other companies engaged in financial speculation such as Wall Street investment firms or insurance companies, with the Gramm-Leach Bliley Act of 1999.

While this video does serve as a corrective for the idea that Democrats share little or no blame in the gutting of New Deal protections that set-up the disaster of 2008, it goes overboard in pushing Republicans into the background of the blame picture. After all, the three authors and main sponsors of the bill were all Republicans, and both houses of Congress were, in fact, controlled by the GOP.  But it does highlight two main points: The fingerprints of “Third Way” Democrats in Clinton’s White House (including Clinton himself, of course) are as much in evidence on the financial deregulation of the late 1990s as the Republicans’ are; and Congressional Democrats were ineffective, at best, in preventing (and, at worst, complicit in bringing on) Glass-Steagall’s demise. Continue reading

Through a Glass Darkly: Catherine Austin Fitts and the Capitalism of Crisis

In The Shock Doctrine, Naomi Klein brought to light the neoliberal tactic of crisis capitalism, unleashed in circumstances (as in Chile, Argentina, Poland, Russia, South Africa) where political powers have exploited (or even created) extreme conditions–such as coups, natural disasters, or economic crises–during which the local population is disoriented and their defenses are down, to instigate corporation- and “investment”-friendly policies like lowered taxes and the  cutting  and privatization of government services.  The justification given for such maneuvers is to bring the target economy in line with the global economy, but, of course, very few people (only a tiny few) in the world actually benefit from these capitalistic incursions. One of the most obscene instances of the Shock Doctrine in action resulted in the rape of the former Soviet Union”s assets by the oligarchs in the name of Boris Yelstin’s economic “reforms.” But that’s only one of the most obvious and well known cases.

Catherine Austin Fitts

Catherine Austin Fitts

During the Clinton years, as former communist apparatchiks were helping themselves to radically discounted oil fields and other rich resources in Russia, Catherine Austin Fitts says she witnessed a similar feeding frenzy much closer to home. A former managing director and board member at the Wall Street firm Dillon Read who served as Assistant Secretary at HUD in the first Bush administration, Fitts started a financial company of her own, The Hamilton Securities Group of Washington, D.C., to help communities make the most of federal monies and improve their standing in what she calls the Popsicle Index,  which measures the confidence families in a community feel to send a six-year-old by herself to the corner store and back. Fitts witnessed firsthand the collusion between Washington and Wall Street insiders (often the same people on opposite sides of a revolving door) to employ crisis capitalism techniques in the US as part of the daily repertoire of government actions (my emphasis):

Our efforts at The Hamilton Securities Group to help HUD achieve maximum return on the sale of its defaulted mortgage assets coincided with a widespread process of “privatization” in which assets were, in fact, being transferred out of governments worldwide at significantly below market value in a manner providing extraordinary windfall profits, capital gains and financial equity to private corporations and investors. In addition, government functions were being outsourced at prices way above what should have been market price or government costs — again stripping governmental and community resources in a manner that subsidized private interests. The financial equity gained by private interests was often the result of financial, human, environmental and living equity stripped and stolen from communities — often without communities being able to understand what had happened or to clearly identify their loss. This is why I now refer to privatization as “piratization.”

One of the consequences was to steadily increase the political power of companies and investors who were increasingly dependent on lucrative back door subsidies — thus lowering overall social and economic productivity. Hence, the doubling of FHA’s mortgage recovery rates from 35% to 70-90% ran counter to global trends and ruffled feathers…. Continue reading

#OWS Economics: Neofeudal Reality and the Free Market Myth

A little follow up to the last post about Damon Vrabel and his critique of neoclassical economics.

After concluding the Renaissance 2.0 series of lectures, Vrabel wrote a farewell on his blog at his Council for Spiritual, Psychological and Economic Renewal, explaining why he was no longer going to keep posting on the world situation. Among his reasons:

As I said in previous articles, IF we participate in the system, I’m not opposed to it at all. How could I be? I’d be a tyrant if I wanted to force hundreds of millions of people to change their behavior. And the fact is, that “IF” was answered long ago. We Americans have chosen the material benefits of being managed by the financial system for generations. We like demand-side freedom, i.e. choosing between Coke and Pepsi, but don’t want supply-side freedom. We like the supply-side to be taken care of for us. We love the benefits that come from it being imperially run—the credit card always works, the gas station is always open, our water faucets and light switches do what they’re supposed to do, the markets keep going up (oops…maybe not). All of our economic needs are outsourced to others, so we have the luxury of spending our time pursuing wants. And if these types of benefits are good for us, they’re good for the rest of the world. We have no moral authority to stand opposed just because we’re now going to lose our privileged position—a rather childlike perspective.

Do I detect some sarcasm? Many of the items Vrabel ticked off as buying our disinterest in changing the imperial system are, of course, threatening to stop working in the near-long term, if they haven’t already stopped working for many of us, which is why, I suspect,  #OWS has resonated so deeply so fast.

In any case, perhaps responding to the Arab spring and certainly responding to questions from viewers of Renaissance 2.0, Vrabel returned to YouTube with a new series titled “Debunking Money.” Again, I highly recommend it to anyone wanting to understand how the world really works and why we, the people (or the peasantry, as the case may be), are experiencing a diminution of our liberties. In this series, Vrabel makes explicit his rejection of various ideas from the left and right, including Austrian school economics and Milton Friedman’s neoliberalism.

The lesson below is particularly interesting as it debunks the notion, popular among Libertarians and popularized by Ron Paul, that “ending the Fed” is a viable solution to the problem. Vrabel says the American people would be “cutting their own throat.” If you have difficulty following this, I strongly suggest starting from the first video and hanging on his every word, if possible. Not to say this is the ultimate truth, of course, but it is certainly much closer to the truth than anything you will be hearing from Republicans or Democrats:

Defending #OWS, Ron Paul Says He Supports Bailout of People with Bad Mortgages

I applaud him for that. He is certainly the rare politician who seems to actually understand the legitimacy of the #occupyWallStreet protest.

Of course, the last time I heard applause for him like this at one of these debates, he was arguing against bailing out people with catastrophic illnesses who have no health insurance.