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Great stuff in today’s WSJ from Cato executive veep David Boaz on the collectivist blowhards running for president.
Messrs. Obama and McCain are telling us Americans that our normal lives are not good enough, that pursuing our own happiness is “self-indulgence,̶ ... Continue reading »
Messrs. Obama and McCain are telling us Americans that our normal lives are not good enough, that pursuing our own happiness is “self-indulgence,̶ ... Continue reading »
1 year ago
1 year ago
1 year ago
Oh, he doesn't.
Boaz is responding to relatively innocuous, trite, pleasing talk on the theme of public spiritedness with counter-formulations that are significantly more misleading than anything Obama said in the referenced speech. Measured skepticism about "collectivist" rhetoric is one thing; casting public spiritedness as somehow incommensurable with individual achievement (or with the "pursuit of happiness") is another.
1 year ago
1) I would guess that the people who built America actually did see a lot of meaning in what they did.
2) Arguably, there is not a lot of "meaning" in pursuing the heavily advertised, commercialized picture of the good life. The advertised picture of the good life involves status games and sometimes an emphasis on fear intermixed with more "real" or basic pursuits (like being a good dad). If (i) advertising tends to push on our fears or our "negative-sum" desires (like status), and (ii) pursuit of those desires can alleviate the fear but not create happiness, then it is wise to encourage young people to develop an independent picture of the good life.
So, both Mr. Boaz and Messrs. Obama/McCain are off the mark. Whether I pursue riches in my profession is only vaguely related to whether I am pursuing meaning.
Obama/McCain are wrong to say that pursuing wealth is antithetical to meaning.
Boaz is wrong to say that chasing after money is inherently healthy because of the invisible hand.
The truth is more like this: The scolds are partly right! It is wise to avoid the heavily-advertised collectivist consumer mindset. Or at a minimum temper it with independently derived sources of satisfaction. But the scolds overshoot the mark: it is not necessary to avoid "pursuing wealth" per se. Founding a company can be extremely meaningful.
1 year ago
1 year ago
WW
Because we are social creatures who's very evolutionary success was a result of "collective" behaviors. Our successful families are collectives, our successful companies are collectives and our successful countries are collectives.
Every society is based on some degree of collectivism. There is not one society that you can point to that runs without some degree of collectivism...same for company , same for family.
Collectivism allows some people to write and dream in safety and prosperity of non-collective utopias that never have and never will exist.
1 year ago
People are going to want feelings of collective identity, even if these are "discouraged", just like people are going to want sexual experiences or more money, no matter how often these desires are denounced. That's just human nature.
1 year ago
Or you might just find in your chase of the almighty dollar that you are in the advantagous position of being a Wall Street Banker or Hedge Fund manager benifiting from the Fed and it's inflationary policies such that you can make massive amounts of wealth on speculative assett bubbles that add nothing to economic productivity and in fact steal from those "every single humans that count" and are hard working actually producing something of true economic value. It's possible you might find that those "every human lives that count" don't count as much because of your blind pursuit of the dollar you were able to shake the invisible hand or tie it to a chair.
1 year ago
1 year ago
Who says there isn't a lot of meaning in playing status games? I thought the problem with status games isn't that they are meaningless, but that they are zero-sum. They are meaningful for those who win.
Pithlord,
This might be on point.
10 months ago
The collectivist policies being espoused are just legalized plunder, being forced on us by the state. A prime requirement for an individualist society is a sound monetary system, which we are far from. The only moral role for government in a free society is contract enforcement and protection of property rights. Social interaction amongst individuals must be voluntary, not enforced by the state under threat of violence.