Author Archives: Quincy

Our Democracy

Barack Obama tells graduates at Ohio University today:

Still, you’ll hear voices that incessantly warn of government as nothing more than some separate, sinister entity that’s the root of all our problems, even as they do their best to gum up the works; or that tyranny always lurks just around the corner. You should reject these voices. Because what they suggest is that our brave, creative, unique experiment in self-rule is just a sham with which we can’t be trusted.

Perhaps those voices are on to something… Here’s Alcee Hastings on “our” democracy:

“When the deal goes down, uh… All this talk about, uh… rules? We make ’em up, as we go along.”

Thus it was that Obamacare was never passed in full by the House. Pelosi made up the rules as she went along. The will of the American people was expressly ignored by Democrats in Congress to inflict Obamacare on us. In fact, we the people had to pass the bill to find out what was in it, according to Pelosi.

It was funny (and not a little terrifying) to see how quickly “our” democracy bent to Obama’s will. Then the system of checks and balances came into play to claim a little of the Democrats’ power. Now, after an embarrassing attempt to pass new gun controls on his own, Barack Obama gets up an preaches seriously about our democracy. In other words, when Congress misbehaves, it’s our democracy. Heh.

Two words…

Matthew Yglesias says:

What’s needed is a much more forceful, much more statist approach to forced savings, whether that’s quasi-savings in the form of higher taxes and more Social Security benefits or something like a Singapore-style system where “private” savings are pooled into a state-run investment fund.

It only takes two words to show that this is massively unwise: Chrysler bondholders.

This is…

…why I don’t trust people who want power:

By mid-May Steve [Heymann] was acting weird. None of his raids seemed to have turned up what he wanted. Aaron’s lawyer was talking to JSTOR, which had found him through Steve. We had contacted people to talk to JSTOR, eminent people, many of whom were shocked by what was happening. JSTOR was key to the prosecution, it was the victim, and we were winning them over. Steve had agents drop off a warrant made out to Aaron [Swartz], rather than law enforcement. It demanded the JSTOR documents, with the location for serving the warrant left blank. Aaron showed it to me, and we tried to interpret it in bewilderment. Warrants are executed by officers, not suspects. Aaron then told me Steve had threatened to get him arrested for contempt of court if he didn’t turn over JSTOR files. It was all tricks and lies, but it just seemed crazy at the time. But tricks and lies are part of prosecutions, allowed, and perhaps even encouraged, by prosecutorial immunity.

Read the whole thing.

A Question of Labor Scarcity

Cory Doctorow started the New Year with a very interesting piece on the “roboticization of the workforce”. The whole article is worth a read, but it brings up a disturbing question:

But here’s the thing that neither of these articles — or even Bruce’s acid observations — touches on: once technology creates abundance, what possibilities exist for distributing the fruits of that abundance such that the benefits are more evenly felt?

There are plenty of people who will suggest that collectivist economics and centralized redistribution are the answer. Given the last century of history, that’s not an option I like. Take a look at Doctorow’s nightmare scenario:

We’ve been talking about an increase in productivity producing an increase in leisure for a long time, but instead, the “winner take all” world of Brynjolfsson and McAfee often seems to produce a “winner” class that works itself into an early grave by running 100-hour work weeks at astounding payscales, and a much larger “loser” class that works itself into an early grave by working 100-hour weeks in shitty, marginal, grey-economy jobs, trying to stitch together something like an income.

This is bad. However, the nightmare scenario that evolves under socialism is invariably worse. Instead of a winner class created by skilled, high-value work, a winner class develops from people who successfully gain control of the redistribution machine. Giving power to those who covet it is rarely a good idea, but usually unavoidable. The United States was built with a system of government shaped by this insight. By and large, its citizens have profited from keeping checks and balances on power seekers, even as the power seekers have eroded them.

A class of power seekers in control of an economic redistribution machine that replaces labor markets would not be subject to checks and balances. By controlling what people have, they would have absolute, unchecked power. Worse, power seekers tend to be the least sensitive to the wants and needs of the people they control. Even worse, most power seekers see others as resources to be exploited for their benefit.

Terrifying, isn’t it? Surely, we can avoid this by making sure the right people are in charge. Nope, sorry. Eventually, those who want power will take over the redistribution machine. It’s a certainty. Those who seek power will overcome the will of the rest to keep them out. It’s the consistent thread in human history.

The real problem is that we’re approaching a point where the labor market as it’s structured will collide with the efficiency gains caused by technology. If most labor is not scarce enough to allow workers to earn enough to support themselves and their families, how does society respond? How do supporters of economic liberty respond? What new mechanisms can be devised that allow ordinary people to continue to participate freely in the markets for goods and services without the wealth earned from the labor market?

This is stuff supporters of economic liberty need to start thinking about now. Our opponents have a ready answer that people will be drawn to despite its historic failures. Without an alternative from us, tyranny of the default will result in actual tyranny.

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