Sunday, March 22, 2009

From LRC
  • Dropping down an economic hole.
  • Henry Hazlitt on the politics of envy: The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than you are. Never under any circumstances admit that his success may be due to his own efforts, to the productive contribution he has made to the whole community. Always attribute his success to the exploitation, the cheating, the more or less open robbery of others. Never under any circumstances admit that your own failure may be owing to your own weakness, or that the failure of anyone else may be due to his own defects — his laziness, incompetence, improvidence, or stupidity.
  • One of the unfortunate results of the government-caused financial meltdown is that it supposedly gives the religious left its “moral” ammunition against capitalism. Our alliances with the right or the left are always conditional. The irony of course is attacking the market saws off the branch on which such people build their pulpits and preach. As Christian Lander has noted, bringing up corporations whose products they like (Ikea, Starbucks) shuts them up right quick.
  • Snobbery and ‘bread and circuses’: Supposedly, the New York Times appeals to Really Intelligent People who look down upon the crass things that entertain the little people about whom the wonderful Really Intelligent People care deeply. It really would be for the best, the Really Intelligent People believe, if Wal-Mart is smashed so the little people learn that they need to make better shopping choices — like those choices made by the Really Intelligent People.

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