Tuesday, September 29, 2009

Are We There Yet (at the T-point)?


We seem to forget that Tyranny can come from both the right* and the left:*
• from the right via anarchists, or perhaps even more dangerously, via non-governmental persons/organizations/corporations, whose wealth/power/influence is so great that they make and play by their own rules, including circumventing the rule of law and lawful consequence; and
• from the left via dictators/totalitarians and other control-mongers who are generally out-of-control in pursuit of ideological agendas.
From all appearances we seem to have these two extremes—excessive individualism to the right and excessive collectivism to the left—bearing down against democracy from opposite directions heading for the tyranny-point. Neither extreme seems inclined to re-evaluate and take the “centrist-way” of balance, reason, constitutional guide, or democratic representation. Are we at or near the T-point? You decide.

At the right:
• Massive government failure to appropriately regulate that which is within its mandate (under both Republicans & Democrats, it mattereth not!).
• Massive corporate/collective lobbying and influence peddling that sideline democratic values and citizen participation.
• Massive corporate/collective lobbying and influence peddling in pursuit of favored-status, subsidies, and mergers/acquisitions that increase power by lessening competition and consequence.
• Massive corporate/collective disinformation and propaganda campaigns to manipulate election results.
• Privately-owned collectives that consistently defraud taxpayers via government contracts by massive overcharging for goods and services without meaningful penalty, and too often, with continuing contracts even when criminal conduct is revealed.
• Framing objectives of the public good as incompatible with democracy, individualism, and free-markets.
• Etc.
At the left:
• Massive government involvement beyond its mandate (under both Republicans & Democrats, it mattereth not!).
• Torque-ing of constitutional checks and balances and subverting the rule of law.
• Planned, centralized, or command economies that stifle individual initiative and private enterprise.
• Expanding the culture of secrecy, including secret prisons and trials.
• Torturing of suspects.
• Spying on citizens.
• Denying habeas corpus.
• Intimidation or attempts thereat of dissenters and journalists.
• National Security Letters and gag orders.
• Etc.
Tyranny, whether originating in the public or private sector, destroys democracy; so whether our allegiance favors individualism or collectivism, the weight of each increasing excess will bend inexorably downward toward tyranny.
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* Not to be confused with conservative/liberal, Republican/Democratic designations as the sins of tyranny always presents its beleaguered citizens with a mixed bag of left and right excesses, despite the rhetoric. In recent years, in addition to their natural preferences, conservatives have co-opted many leftist excesses and liberals have fallen victim to the anarchy of private power and influence.

Tuesday, September 15, 2009

PANGLOSSARY

(In remembrance of the 250th anniversary of Pangloss’s birth)

Pangloss was Voltaire’s fictional philosopher of optimism in his satirical work, Candide (written in 1759 AD). According to Pangloss, “… all that is is for the best. If there is a volcano at Lisbon it cannot be elsewhere. It is impossible that things should be other than they are; for everything is right” (p. 21); and “… all is for the best in the moral and physical world, …” (p. 114).

Well, unsurprisingly, considering his previous feats of survival, Pangloss[1] has found his way into the twenty-first century (“Oh déjà vu!”) because panglossophers are everywhere—professors of unremitting optimism; advocates of spontaneous order; devotees of blind, mechanistic optimizing systems; preachers of “attract everything you desire;” and so forth. Here is a small sampling from the modern-day panglossary of excessive optimism.[2]

Big is better: self-evidently optimal in all cases (aka, the proof is in the disparity). In addition, economies-of-scale are uniquely suited to tilt level playing fields to a quasi-vertical, favorable slope which speeds up assembly-line production; asset acquisition from smaller, less robust capitalists; and capitulation by antagonists. Bigger also means transnational, (with a judicious eye on emerging trans-world options); and since anything trans is more optimal than non-trans, (except for the edible fats market[3]), government is optimal that refuses to regulate growth and bigness in all its forms. Further, bigness insulates from annoying complaints, from unstable flexibility, from big bullies, from confusing the right hand with the left[4], and from a myriad other inconsequentials.

Borrowing & Spending: since housing and land prices always go up (except when they briefly go down) mortgages are optimistically good investments. And since the best thing to do, to stimulate the economy and to manufacture growth, is to spend, it is best to buy as much as you can leverage. If you save, you are just loaning your money (via your banker who skims interest) to someone else to finance their consumption, so the best of all possible options is to spend it yourself, or, in the even more optimal alternative, to borrow from a foolish saver and consume while the consuming is good.

Entropy: although buildings, monuments, pyramids, archives, books, art, software, computers, vehicles, human bodies, etc. (ad infinitum) are all subject to the law of entropy[5], laissez-faire markets and human folly are different, both being undirected by an invisible hand of naturally occurring allocations, growth, and repetition. The entropy part may not be optimal for the status quo, but it is surely optimal for new markets in constituent elements. As for human folly, that too is for the best because optimistically, humans learn by experience, and reportedly more from mistakes than from successes.

Laissez-faire markets (aka, Panglossonomics): a perfectly free market-place is blind to bias, prone to systemic order, and invisibly self-driven to optimal allocations of the market’s best interest. Self-interest and self-regulation result in optimal global coordination of rich (though scarce) global resources managed by HyPEs [highly paid employees] on behalf of an aggregate of dispersed, disparate, generally disinterested investor/owners. If things don’t appear to be optimal, the various markets will correct themselves in due course if left sufficiently to themselves, or—in the second-best alternative—if given sufficient stimuli by an aggregate of dispersed, disparate, generally compliant (though complaining) taxpayers. In this best of all possible economic systems, the free, competitive markets will always work out what is best.

Lawses (pronounced losses) of Attraction: if you haven’t got what you want, you haven’t obeyed the Law of Attraction. Displace all suggestions/thoughts to the contrary. And remember, if prophets, apostles, saints, and sages died [often martyred, mind you!] without receiving the “good stuff,” it was because they either didn’t discover the Law or, if they did, just didn’t get with the program. Thus, keep your optimistic eye on the ball and it will come.

Merit: if you have it, you deserve it. If you don’t have it, you don’t deserve having it. It’s all as it should be. You are in the best of all possible worlds, whether with or without health insurance, with or without a job, with or without shelter, etc., etc., etc. And pay special attention to the moral hazard of helping those who don’t merit—for it has been soundly proven statistically that those who are insured[6] against misfortune or irresponsibility have more of it. It’s better for the poor and unfortunate not to be insured for their own optimal moral good, growth, and safety. (Note, however—for those who can afford insurance, don’t leave home without it.)

Philanthropy: the superlative art and science of minimizing wages and costs of production or service in order to optimize charitable givings that can be used to build libraries, museums, galleries, schools, parks, art centres, sports arenas, etc., etc., or to establish endowments, scholarships, etc., etc., for 1) perpetuating and honoring the family or corporate name; and 2) for the public good (of those whose salaries are sufficient to use or merit the above).

A note to the Candides and Cunegondes of this world: A little experience should go a fair way to tempering Panglossian optimism.

[1] And the philosophy of incessant, romanticized optimism, espoused by Leibnitz, that Voltaire found so distasteful.
[2] Again a note to those with high-horses saddled with optimism. Optimism has its place, but too often it sets up expectations that WILL NOT be met because life is NOT a bed of roses; it IS the entire bushthorns and all.
[3] Note: the efficiency of both trans-and non-trans fats and oils has been demonstrated to advantage during lobby-sponsored luncheons, proving the panglossian point that everything has an optimal purpose and use.
[4] In voluntary compliance with a variation of "But when thou doest alms [or secret deals, etc.], let not thy left hand know what thy right hand doeth:" (New Testament Matthew 6:3)
[5] Law of Entropy: Tendency of matter to disintegrate into its smallest constituent elements over time without the intervention of externally imposed order or maintenance.
[6] Especially via government-run programs of last resort when the omniscient market finds no profit in it or too much risk.
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*Ref: The Project Gutenberg EBook of Candide, by Voltaire [EBook #19942]

Monday, September 7, 2009

Moral Hazard — to the Right and to the Left

?— Who has the greater moral hazard: the poor begging alms or the rich denying them?
?— If social security, health care, public education, and other government insurance programs that share the risks and costs of life are moral hazards, what of private insurance programs that externalize and share the risks and costs of ownership and/or business?
?— If capitalism cannot exist without the lubricant of insurance (collectivized risk-sharing), is capitalism, as presently constituted, a moral hazard?
?— If competition is so advantageous, why do so many small- and big-businesses succumb to the predatorship of bigger-business? And why does competition have a propensity to devour its neighbor?
?— If supply and demand is so co-efficient, why are there dumpsters full of edible food behind every supermarket in North America? Why are there continual massive "remainders" of books, magazines, newspapers, etc.? Why are there so few family-rated movies? Why did the “global money pool” run out of places to safely invest its money? What did its managers then choose to do? How many “insured” high-risk investors were paid out with tax-backed stimulus?
?— What is the saving difference between state collectivism (i.e., communism and socialism) and private transnational collectivism?
?— Why are there more lobbyists per elected official than grains in a minute-glass?
?— Is it progressive to create tax bracket inequities in order to redress other inequities?
?— Who has the greater moral hazard: Those who promise to do, and don’t or those who just don’t?
?— Is it OK to deceive citizens for the “good” of war?
?— Is torture by democratic countries more justified than torture by despots?
?— Is Jack Bauer (of Fox TV’s 24) a national hero?
?— Do safe ends justify tortured means?
?— Why don’t we have more “Mr. Smiths going to Washington?” [Ask: 1) Frank Capra; 2) the PACs]
 
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