Category Archive 'Inequality'
25 Jan 2013
Walter Russell Mead describes the democrat elite’s vision of the future: a massive system of redistributionism devoted to trickling down condescending alms to a nation of losers from a tiny meritocratic New Class elite which rules over all.
A conventional, widely shared view informs the way that blue America looks at that future. This view holds that the death of industrial society means the death of the mass middle class. When millions of people can’t make a living “making stuff” in factories anymore, wages for the unskilled will fall. America will be increasingly polarized between a small group of high skilled creative professionals and a larger group scavenging a living by serving them: mowing their lawns, catering their parties and so on.
Those who think that the blue model needs to be preserved and extended into the future (including, I think, our current president and most of his top allies and advisors), tend to think that under those conditions we will both need and be able to afford an ever-more active redistributive state. The tycoons and the very successful minority will be so rich, thanks to their continuing gains from globalization and technological change, that they can pay progressively higher taxes to fund basic services and middle class jobs for enough of the rest of the country that something like a middle class society can be preserved. From this perspective, a government-funded health care system is more than a method of delivering health care: it is a way of providing protected, blue-model type jobs when the factories have mostly disappeared.
Read the whole thing.
21 Jan 2013
“No Room In Our Collective Farm For Kulaks!”
Bill Clinton recently warned democrats that bitter clingers represent a serious threat to the democrat party’s socialistic agenda because they tend to be one-issue voters on gun control. He sympathized with the miserable wretches, who have nothing to do but hunt and fish, and proposed that ways and means be devised for neutralizing or coopting the pagani “rural primitives.”
Former President Bill Clinton warned a group of top Democratic donors at a private Saturday meeting not to underestimate the passions that gun control stirs among many Americans.
“Do not patronize the passionate supporters of your opponents by looking down your nose at them,” Clinton said.
“A lot of these people live in a world very different from the world lived in by the people proposing these things,” Clinton said. “I know because I come from this world.”
Clinton dedicated a substantial portion of his 40-minute address before a joint meeting of the Obama National Finance Committee and a group of business leaders to the issue of guns and gun control, saying that it was a test-case for President Barack Obama’s grass-roots movements. ...
Clinton said that Republicans have been struggling in presidential politics since 1992 — noting that 2004 was the only time a Republican has won the popular vote in more than 20 years. But, he said, the party has been successful in energizing its supporters for midterm elections.
“You have the power to really democratize America,” Clinton said. “You can do it on immigration reform, you can do it on these economic issues. You can do it on implementing the health care bill.”
But, Clinton warned, the issue of guns has a special emotional resonance in many rural states — and simply dismissing pro-gun arguments is counterproductive. ...
[H]e said that he understands the culture that permeates a state like Arkansas — where guns are a longstanding part of local culture.
“A lot of these people … all they’ve got is their hunting and their fishing,” he told the Democratic financiers. “Or they’re living in a place where they don’t have much police presence. Or they’ve been listening to this stuff for so long that they believe it all.”
The admirably-cynical Mencius Moldbug casually eviscerates James Boyle’s belief in the equal availability of leniency in cases of disinterested civil disobedience, advanced apropos the prosecution of Aaron Swartz in response to two postings (one and two) by Orin Kerr at Volokh.
Professor Boyle, you see, attempting to be even-handed, tried balancing the (generally enthusiastically condoned) civil disobedience of Martin Luther King Jr. and Rosa Parks with ” the anti-abortion activist who trespasses on Planned Parenthood in order to spray paint his slogan.”
I’m quite confident that Professor Boyle doesn’t really believe Christians have the right to vandalize abortion clinics. As he makes quite clear by his use of Movement dog-whistles such as “reform” and “change,” what he really means is: the Party has the right to change the law, by displaying its own power to protect, even glorify, those who break it. The kulaks? Neighbor, don’t be ridiculous. The kulak exists to be beaten. ...
“Special deterrence” is just one of the many 20th-century euphemisms which we use to cover the fact that we know perfectly well that might makes right. That is: Christians do not in fact have the right to vandalize abortion clinics (and get away with it, as Professor Boyle and I agree in wishing Aaron Swartz had gotten away with his JSTOR hack.)
Why don’t Christians have the right to vandalize abortion clinics? Because they do not have the might to do so (and get away with it). If they did, Christians would be on top and progressives would be on the bottom. We would live in a different country – one in which, as in most legal codes in human history around the globe, abortion was considered a serious crime. And there would be, of course, no such thing as an “abortion clinic.” ...
As a power structure the American political system is a real work of art. For instance, one of the most basic ways to show power over someone is to take away something he has and wants to keep. It doesn’t have to be anything valuable, either to you or to him. Though it can be. Ideally, though, it’s of no real value to you, but considerable value (perhaps only sentimental or irrational value) to him. That way, it’s clear to everyone what the exercise is about: as Lenin put it, who beats whom.
I actually think it’s really wonderful that President Obama, even before the second term of his historic presidency, has jumped out so hard on the good old reliable beat-the-kulaks campaign trail. It’s always fun to be an overdog. But never forget to actually play the part. If you stop beating people, they might forget that you’re in charge.
Read the whole thing.
If anybody doubts the wisdom of the Moldbug, all he needs to do is to try a little civil disobedience experiment: Go and publicly brandish a large capacity rifle magazine somewhere in the District of Columbia in order to make your point, and see if District of Columbia Attorney General Irvin Nathan will refrain from prosecuting you the same way he delivered a pass to NBC News’s David Gregory for doing the same thing.
02 May 2012
The Times talks to one of Mitt Romney’s partners at Bain who has written a book explaining the vital role of inequality of result in providing the funding that makes innovation and economic growth possible.
[Edward] Conard, who retired a few years ago at 51, is not merely a member of the 1 percent. He’s a member of the 0.1 percent. His wealth is most likely in the hundreds of millions; he lives in an Upper East Side town house just off Fifth Avenue; and he is one of the largest donors to his old boss and friend, Mitt Romney.
Unlike his former colleagues, Conard wants to have an open conversation about wealth. He has spent the last four years writing a book that he hopes will forever change the way we view the superrich’s role in our society. Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong to be published in hardcover next month by Portfolio, aggressively argues that the enormous and growing income inequality in the United States is not a sign that the system is rigged. On the contrary, Conard writes, it is a sign that our economy is working. And if we had a little more of it, then everyone, particularly the 99 percent, would be better off. This could be the most hated book of the year.
This is a must-read story.
22 Oct 2011
Megan McArdle, Business and Economics editor at the Atlantic, was attending her tenth B-school reunion at Chicago and ran into econometrics specialist Steven Kaplan who had updated the Thomas Piketty and Emmanuel Saez data on top incomes through 2009.
The numbers show that income inequality fell sharply as the economy declined.
Isn’t that wonderful? Occupy demonstrators can clearly now pack up their tents and drums and go home.
Income inequality is clearly easy to cure. Simply adopt left-wing policies, ruin the economy, and sit back and watch all the boats sink, with the upper boats descending to levels much closer to their neighbors than before.
22 May 2011
Mark Steyn puts the former head of the IMF’s little hotel indiscretion into its proper cultural (and sociological) context.
Whatever the head of the IMF did or didn’t do, the reaction of the French elites is most instructive. “We and the Americans do not belong to the same civilization,” sniffed Jean Daniel, editor of Le Nouvel Observateur, insisting that the police should have known that Strauss-Kahn was “not like other men” and wondering why “this chambermaid was regarded as worthy and beyond any suspicion.” Bernard-Henri Lévy, the open-shirted, hairy-chested Gallic intellectual who talked Sarkozy into talking Obama into launching the Libyan war, is furious at the lèse-majesté of this impertinent serving girl and the jackanapes of America’s “absurd” justice system, not to mention this ghastly “American judge who, by delivering him to the crowd of photo hounds, pretended to take him for a subject of justice like any other.”
Well, OK. Why shouldn’t DSK (as he’s known in France) be treated as “a subject of justice like any other”? Because, says BHL (as he’s known in France), of everything that Strauss-Kahn has done at the IMF to help the world “avoid the worst.” In particular, he has made the IMF “more favorable to proletarian nations and, among the latter, to the most fragile and vulnerable.” What is one fragile and vulnerable West African maid when weighed in the scales of history against entire fragile and vulnerable proletarian nations? Yes, he Kahn!
Before you scoff at Euro-lefties willing to argue for 21st century droit de seigneur, recall the grisly eulogies for the late Edward Kennedy. “At the end of the day,” said Sen. Evan Bayh, “he cared most about the things that matter to ordinary people.” The standard line of his obituarists was that this was Ted’s penance for Chappaquiddick and Mary Jo Kopechne – or, as the Aussie columnist Tim Blair put it, “She died so that the Food Allergen Labeling and Consumer Protection Act might live.” Great men who are prone to Big Government invariably have Big Appetites, and you comely serving wenches who catch the benign sovereign’s eye or anything else he’s shooting your way should keep in mind the Big Picture. Yes, Ted Ken.
Nor are such dispensations confined to Great Men’s trousers. Timothy Geithner failed to pay the taxes he owed the United States Treasury but that’s no reason not to make him head of the United States Treasury. His official explanation for this lapse was that, unlike losers like you, he was unable to follow the simple yes/no prompts of Turbo Tax: In that sense, unlike the Frenchman and the maid, Geithner’s defense is that she wasn’t asking for it – or, if she was, he couldn’t understand the question. Nevertheless, just as only Dominique could save the European economy, so only Timmy could save the U.S. economy. Yes, they Kahn! ...
The arrest of a mediocre international civil servant in the first-class cabin of his jet isn’t just a sex story: It’s a glimpse of the widening gulf between the government class and their subjects in a post-prosperity West. Neither Geithner nor Strauss-Kahn have ever created a dime of wealth in their lives. They have devoted their careers to “public service,” and thus are in the happy position of rarely if ever having to write a personal check. At the Sofitel in New York, DSK was in a $3,000-per-night suite. Was the IMF picking up the tab? If so, you the plucky U.S. taxpayer paid around 550 bucks of that, whereas Strauss-Kahn’s fellow Frenchmen put up less than $150. So if, as Le Nouvel Observateur suggests, France and America really do belong in entirely different civilizations, the French one ought to start looking for a new patron for the heroic DSK’s lifestyle.
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