individualism for the masses

BK Marcus is an amateur political economist with no formal education in the subject.

He works from Charlottesville, Virginia as an editorial consultant for the Ludwig von Mises Institute and managing editor of Mises.org.

He is no longer a house husband, nor a faculty spouse, but he is still a dilettante and a layabout, at least in spirit.

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"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."

Murray Rothbard

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Benjamin Tucker Marcus
February 19, 2010

what were you taught?

January 23rd, 2007 by bkmarcus

Here’s what I think is an elegant demonstration of the bias in how history is taught: Ask a few friends if they were taught that the Nazis opposed communism. I’m sure there are plenty of people who don’t remember much of anything they were specifically taught about the Nazis, but I’m guessing most will answer yes. To those who do, ask this follow-up question:

Were you taught that the Nazis opposed capitalism?

My own experience is that almost no one remembers being taught that — presumably because almost none of us ever were taught that.

Even those who know and remember that “Nazi” is an abbreviation for…

National Socialist German Workers Party

… often fail to think through what the name might mean.

Here’s Joseph Göbbels in a 1932 pamphlet:

I can love Germany and hate capitalism. Not only can I, I must. Only the annihilation of a system of exploitation carries with it the core of the rebirth of our people.

[…] If we make clear to the man of the left that nationalism and capitalism, that is the affirmation of the Fatherland and the misuse of its resources, have nothing to do with each other, indeed that they go together like fire and water, then even as a socialist he will come to affirm the nation, which he will want to conquer.

[…]

Socialism will become reality when the Fatherland is free.

Why Are We Socialists?

We are socialists because we see in socialism, that is the union of all citizens, the only chance to maintain our racial inheritance and to regain our political freedom and renew our German state.

Socialism is the doctrine of liberation for the working class.[…]

According to Wikipedia, Göbbels had written an open letter to “my friends on the left” seven years earlier, urging unity between socialists and Nazis against the capitalists. “You and I,” he wrote, “we are fighting one another although we are not really enemies.”[source]

Posted in history, schooling | 5 Comments »

left-wing religion

January 23rd, 2007 by bkmarcus

George Reisman makes a point that I have often thought, but I don’t think I’ve written anywhere: that the same Left that so happily adopted for itself the label of “reality-based community” back when the neocon warhawks were trying to spin their psychoses as visionary new policy, the same Left that claims to have unanimity on climate science, the same Left that ridicules the biblical literalists for their dogmatic rejection of the evolution of species, that very same Left ignores hundreds of years of economic science whenever it contradicts their socialist and interventionist aspirations.

At least traditional conservatives have the decency to reject reason outright. Leftists pat themselves on the back for logic and intellect, while desperately protecting their faith.

To quote Professor Reisman:

The State Against Economic Law: the Case of Minimum Wage Legislation

When it comes to matters such as the theory of evolution and stem-cell research, so-called liberals—i.e., socialists who have stolen the name that once meant an advocate of individual freedom—ridicule religious conservatives for their desire to replace science with the dictates of an alleged divine power. Yet when it comes to matters of economic theory and economic policy—for example, minimum-wage legislation—these same liberals themselves invoke the dictates of an alleged divine power. Their divine power, of course, is not the God of traditional religion, but rather a historically much more recent deity: namely, the great god State.

Traditional religionists believe that an omnipotent God came before all natural law and was not bound or limited by any such law, but rather created such natural laws as suited him, as he went along. Just so, today’s liberals believe, at least in the realm of economics, that the State is not bound or limited by any pre-existing natural laws. In the case in hand, the State, today’s liberals believe, is free to decree wage rates above the level that would exist without its interference and no ill-effects, such as unemployment, will arise.

[continue reading]

See also:

“And Then a Miracle Occurs” by Gary Galles

“The 3 ‘E’s of the Minimum Wage” by yours truly

Posted in LvMI, economics | No Comments »