Showing posts with label Adam Smith. Show all posts
Showing posts with label Adam Smith. Show all posts

Sunday, July 6, 2014

John Hope Bryant is an ignoramus about Jesus and poverty

Seen here:

'The Greek word for poor, as used by Jesus, is poucos, which means non-productivity. To be poor doesn’t mean you don’t have anything; it means you aren’t doing anything. Poverty is cured by hard work. “Lazy hands make a man poor” (Proverbs 10/4). The Bible says, “How long will you lie there, you sluggard? When will you get up from your sleep? A little sleep, a little slumber, a little folding of the hands to rest – and poverty will come on you like a bandit, and scarcity like an armed man.” Proverbs 6/10-11.'

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Actually the Greek word is properly transliterated "ptochos", not "poucos". And Bryant couldn't be more wrong about how the poor behave. The truly poor don't lay about and do nothing. The root of the word signifies that the poor do plenty . . . of crouching and begging.

But the worst thing is trying to baptize Jesus in this enterprise of viewing poverty as an evil, a problem to be solved. Unfortunately in the case of Jesus it's exactly the opposite of what Bryant thinks.

Frankly, Jesus prized poverty and required it as a condition of discipleship: "So likewise, whosoever he be of you that forsaketh not all that he hath, he cannot be my disciple" (Luke 14:33).

John Hope Bryant is all over the place in a media onslaught spreading his silly message about the poor saving capitalism, nevermind they can't save for the next month let alone the system most notably conceptualized by Adam Smith, a man feeble in neither mind nor money.

Expect more of this pap from Bryant and your federal government, through his connection with the Consumer Financial Protection Bureau, a propaganda project of the Dodd-Frank bill.

The Bureau's current director, by the way, was an unconstitutional recess appointment by the president according to a Supreme Court ruling just in recent days.

Sunday, December 9, 2012

I Don't Call Sen. Jim DeMint "Demented" For Nothing

Here he is in all his confused glory:


"I think the new debate in the Republican Party needs to be between conservatives and libertarians. We have a common foundation of individual liberty and constitutionally limited government, and we can rationally debate some of the things we disagree on. I don’t think the government should impose my morals or anyone else’s on someone else, but at the same time I don’t want the government purging morals and religious values from our society. We can find a balance there. It really gets back to decentralization. The tolerance is going to come from decentralization and letting people make their own decisions, but we have to be able to put up with societal stigma of things we don’t like."

No, we don't have a common foundation.

Libertarians believe in freedom as license. Conservatives believe in ordered liberty, that there cannot be true freedom unless we respect the transcendent moral order. In recent times libertarians were easily allied with Democrats on social issues, and finally gave up on that and moved rightward on economic concerns. In doing so they demonstrated their unprincipled shape-shifting for what it is, and that Republicans have been too stupid to reject them. For example, I can't recall a single prominent Republican or so-called conservative descrying the many Republican victories spoiled by libertarians in either of the recent elections in 2010 and 2012. What is more we have idiot conservatives like Sarah Palin telling us we must make room for libertarians in the Republican Party while the Libertarian Party itself is encouraged by the races it has spoiled for Republicans by electing Democrats. This from the woman who vigorously supported John McCain and TARP.

Libertarians are not natural allies of conservatives, but they are of Republicans just as they are of Democrats, because the Republican Party has been liberalized beyond recognition. That a so-called conservative like Jim DeMint is friendly toward libertarianism tells you all you need to know about the state of conservatism in America. Conservatism in America is really and truly dead.

One of the favorite ideas of libertarians illustrates my point. The idea comes by analogy from Adam Smith's invisible hand at work in economics, namely, that the electorate always gets it right (Jude Wanniski). Is there a Republican who voted for Romney saying any such thing anywhere in the country now that Obama is re-elected? I doubt it. But that is the position of John Tamny and his ilk at Forbes Magazine. John Tamny, by the way, would like you to be a completely rootless person, with no house, no wife, no children, paying no property taxes for good schools and contributing no commitment to church and community but owning just two bags and a passport so that his beloved capitalist boss can send you wherever and whenever he needs you.

Good government, as the Scriptures teach, is a terror to bad behavior, not to good. That means there are moral absolutes, against which all libertarians do chafe, now more, now less, starting with "It is not good that the man should be alone."

To Demented Jim there are no such absolutes. He's a moral relativist who doesn't have the courage of his own moral convictions. "My morals" he says, as if they belong only to him and didn't come from the Author of Life. St. Paul, I remind you, ridiculed the Corinthian Christians for such an attitude, saying "What do you have that you did not receive?" Our faults are as ancient as the way of escape.

The Heritage Foundation had become reprehensible enough for having embraced Reagan liberalism, which contributed materially to what became the tyranny of the ObamaCare mandates. Now Heritage is to be headed up by the confused conservative DeMint, if he really isn't just a stealth libertarian. Doesn't that tell you everything you need to know about Heritage, that it remains to this day so intellectually confused about the meaning of conservatism that it welcomes a libertarian sleeper?

Conservatives should revolt against Heritage's choice of Sen. Jim DeMint, but don't count on it. I reckon there are only 500,000 of us in the whole country, and that's being generous. In the end, Sen. DeMint and Heritage will come to nothing, and the Republicans too if they are not careful.

"SAVE YOURSELVES FROM THIS CROOKED GENERATION!"

Saturday, March 10, 2012

Adam Smith: Crony Capitalism is a Powerful Force Against Freedom

From Sheldon Richman, here, quoting Adam Smith:

"The proposal of any new law or regulation of commerce which comes from this order [that is, 'those who live by profit'], ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it."

Smith grew up under mercantilism and knew well of what he wrote. America grew up largely under mercantilism and its cousin, Hamiltonian-Lincolnian corporatism. In this respect advocates of the freed market should embrace Smith’s understanding of political economy: that a powerful force against freedom emanates from where they might least expect to find it.

Tuesday, January 17, 2012

Spengler on the Christian Origins of Communism

From The Hour of Decision, 1933:

"But since the end of the World War the church - in Germany above all, where, being an ancient power of rigid traditions, it had to pay heavily in prestige with its own adherents by descending to street level - has sunk to class wars and association with Marxism. There is in Germany a Catholic Bolshevism which is more dangerous than the anti-Christian because it hides behind the mask of a religion.

"Now, all Communist systems in the West are in fact derived from Christian theological thought: More's Utopia, the Sun State of the Dominica Campanella, the doctrines of Luther's disciples Karlstadt and Thomas Münzer, and Fichte's State Socialism. What Fourier, Saint-Simon, Owen, Marx, and hundreds of others dreamed and wrote on the ideals of the future reaches back, quite without their knowledge and much against their intention, to priestly-moral indignation and Schoolmen concepts, which had their secret part in economic reasoning and in public opinion on social questions. How much of Thomas Aquinas' law of nature and conception of State is still to be found in Adam Smith and therefore - with the opposite sign - in the Communist Manifesto! Christian theology is the grandmother of Bolshevism. All abstract brooding over economic concepts that are remote from any economic experience must, if courageously and honestly followed out, lead in one way or another to reasoned conclusions against State and property, and only lack of vision saves these materialist Schoolmen from seeing that at the end of their chain of thought stands the beginning once more: effective Communism is authoritative bureaucracy. To put through the ideal requires dictatorship, reign of terror, armed force, the inequality of a system of masters and slaves, men in command and men in obedience - in short: Moscow.

"But there are two sorts of Communist. The one, the credulous type, obsessed by doctrine or feminine sentimentality, remote from and hostile to the world, condemns the wealth of the wicked who prosper and also, at times, the poverty of the good who do not prosper. This lands him either in vague Utopias or throws him back upon asceticism, the monastic life, Bohemia, or vagabondism, which proclaims the futility of all economic effort. But the other, the "worldly" type with the realist political outlook, hopes through its followers to destroy society, either from envy or revenge, because of the low place assigned in it to their personality and talents, or, alternatively, to carry away the masses by some program or other for the satisfaction of his own will-to-power. But this, too, likes to hide itself under the cloak of some religion.

"Marxism is indeed a religion, not in the sense of its founder, but in that which his revolutionary following has imparted to it. Like any church it has its saints, apostles, martyrs, fathers, bible and mission. Like any church it has dogmas, heresy-tribunals, an orthodoxy and a scholasticism, and, above all, a popular moral - or rather two, for believers and unbelievers. And does it make any difference that its doctrine is materialistic through and through? Are those priests who agitate on economic questions any less so?"