There was an article on Bloomberg this morning ran under the sub-title “Polls show young Americans souring on capitalism.”
According to the article, “51 percent of 18-to-29 year-olds in the U.S. said they opposed capitalism” and when asked what type of economic system they preferred to live under, “44 percent picked a socialist country.” I get that youth is the time when you’re supposed to be wildly hippy dippy liberal – before you wake up one morning and the government is slicing away taxes in $10,000 increments – but I see this largely as a failure to teach either history or current events.
The last half of the 20th century was a great global cold war between capitalism and communo-socialism, where the latter collapsed in Eastern Europe when those living under it discovered that their “worker’s paradise” wasn’t able to provide them the goods and services that they wanted. Those being the things produced in the decadent and immoral west. It’s vestigial tail lives on across Europe in the form of Democratic Socialism
Looking at contemporary examples like Venezuela, they seem not to care that the the vast promises made by the government were window dressing without any kind of sustainable mechanism to fund them when the price of oil fell back from record levels. Venezuela now is a shell of a country that seems incapable of providing even the most basic services.
But, you’ll say, capitalism picks winners and losers and leaves some people behind. It does. So does every economic system. The biggest difference being that under our capitalist model bread lines are the exception rather than the rule. Given my druthers I’ll put my money on an economy where I have a fighting chance to better my lot in life than one where I spend my days working to pay taxes in the hope that the central government lives up to its promises. I’ve always found it better to make your own fate than to simply hope for the best… but maybe that’s just me.
1. Big Brother Knows Best. His distinguished honor the Mayor of New York City said earlier this week that “…our obligation first and foremost is to keep our kids safe in the schools; first and foremost, to keep you safe if you go to a sporting event; first and foremost is to keep you safe if you walk down the streets or go into our parks.” He went on to say “We cannot let the terrorists put us in a situation where we can’t do those things. And the ways to do that is to provide what we think is an appropriate level of protection.” Public safety is a key critical function of government, I agree, but we shouldn’t buy it at the expense of our other liberties. Whether they’re lost to a terrorist’s bomb to to the government trying to stop the terrorists, once those rights are gone, they’re never, ever coming back. If we let cowards change the way we live or lives, if we let government tell us how much privacy we should have or how much of other essential freedoms we need to have or how much we should be willing to surrender, well, I’m not sure I know what we’re fighting for anyway.
2. Moving the Goal Posts. I’m a tiny cog in a vast machine. As such, I’m cognizant that I have almost no control over my own schedule and even less influence over setting the agenda… but honest to God, I’ve had the same meeting scheduled and cancelled three times over the course of two days. Priorities shift, sometimes on short notice. That’s fine. I’m all for improvising, adapting, and overcoming. The hurry up and wait mentality is as old as the institution I serve – far older really. I have a suspicion that the Greek and Roman bureaucracies were not strangers to WTF moments. Expecting a schedule that everyone can agree to and stick with is a pipe dream… but that doesn’t make the constant moving goal posts any less obnoxious.
3. Thursday. Screw you, Thursday. You use to be cool. You use to be thirsty. You use to have dime drafts. Now you’re just as much a crank as any of the other weekdays – just another work-a-day trudging towards the weekend. Not even your neighbor Friday is good for much of anything these days. He’s in a pissy mood until the middle of the afternoon, so I don’t really have much use for him either. The only thing that makes either one of your tolerable is that the path to Saturday runs right through you. That’s the only reason you’re not dead to me.