Tag Archives: America

David Brin: Greed, Oligarchy & Marx

img_9631Source: David Brin: Greed, Oligarchy & Marx

I’m going to quote Milton Friedman here in his 1979 interview on the Phil Donahue Show that you can see here as well. But Phil asked Professor Friedman essentially, what is greed and tried to explain why he believed greed was a bad thing. With Milton replying by saying, “what is greed? Do you think China, Japan, Russia and Europe don’t run on greed? Do you believe we as Americans aren’t greedy?” And he jokingly said which got a laugh from the audience, “it’s only the other guy whose greedy.” I would’ve added while everyone else is selfless. But Milton’s point there was perfect. Greed according to Webster’s, “is a selfish and excessive desire for more of something (as money) than is needed.” Which could cover a whole lot of territory. I mean all we really only need to be able to move around, have enough food, a place to stay, security and health care, in order to survive and keep living.

I’m not making the case for excess and for people to make money off  of others in an unfair manner by essentially stealing what others worked for to collect for themselves. I’m saying that greed in of itself is not a bad thing and when managed properly is a very effective and necessary tool to have a strong economy where economic freedom is available for others. Because you have a society where everyone is incentivized to get educated, work hard, be very productive and then yes collect the fruits of their labor. Because government isn’t taxing people to excess and being greedy with other people’s money. Even if they want to help the less-fortunate. But instead everyone has the opportunity to live well and be successful. To be able to take care of themselves economically and create those opportunities for their kids as well.

What we shouldn’t be doing from the Far-Left is to say that rich people have a lot of money and the poor and the lower middle class (Donald Trump voters) are struggling just to keep their jobs and pay their bills. So the answer here to take heavily from the rich and have government take care of everyone else. Which is what Phil Donahue advocated for in the 1970s and 1980s and what Senator Bernie Sanders and other Democratic Socialists, advocate today. Because then you would create an economy where no one is wealthy and no one can be greedy, because everyone is poor. Unless they have a sweet job with the central government. Because now you’re punishing success and wealth and subsidizing poverty. With people thinking they can just live off of government. But no one left to pay those bills.

Again, greed by itself is not a bad thing. Like anything else when there’s too much of stand when it goes uncheck, when power becomes unbalanced and absolute with one group of people with no checks and balances, is when greed becomes a problem. When you allow people to not only get real wealthy, which by itself is not a problem, but then when you let them essentially write off all of their tax burden and stick the middle class with the taxes for the rich, is when greed becomes bad. As much as Gordon Gecko believes greed is good. (Great Wall Street 1987 line) Greed is good, but so is water, but with too much water you can drown and with too much greed you could drown the economy leaving very little opportunity for anyone who isn’t real rich which will be most of the population.

I’m not a Socialist, especially not a Marxist and I’m not an Randian (named for Ayn Rand) When it comes to economics. But a Liberal in the Jack Kennedy sense (the real sense of liberal) who believes in individual freedom economic and personal, but for everyone. That yes you want wealthy people and you want an upper class. But not just for the privileged few, but for a lot of the country. With a strong middle class that isn’t lower, but able to not just pay their bills,but to  live in a nice home, put their kids through college, put money away, health insurance for their whole family, retirement security, even be able to take a nice vacation with the money to finance that.

And instead of a country with lot of poor people and people one pay check and a lost job away from poverty, with very few rich people, you instead reverse that. With a country that has a strong middle class with people able to move up even from that, yes wealthy people but more wealthy people. And instead very few poor people with them having the ability to move up as well. With things like education, job training, infrastructure and economic development. You don’t get there by punishing wealth and subsidizing poverty. But instead encouraging wealth and subsidizing people and empowering people who need it to climb the economic ladder. So they too can be part of a strong middle class and ever do better than and become very rich themselves.

Mear Bhrach: Milton Friedman on Greed

 

 

 

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Emi Music: Tom Cochrane- Life is a Highway

48fafa63-c003-4be0-a21f-9476b4afa107“Life is a highway, I want to ride it all night long! Tom Cochrane is really on to something with those lyrics. To use a cliche, “life is a marathon and not a sprint.” Meaning you’re going to around a long time, you might as well enjoy it and not try to accomplish everything at once, or let one setback and negative thing destroy you. So you should make out of life as much as you can and live your own life instead of trying to live someone else’s, or trying to live like someone. You your favorite celebrity (if you have to have one) should be just that. The famous person you like and admire most. But remember they have your life and you have yours. And not everything they do in how they live their life will work for you. And in many cases work against you and get you into trouble. So we should all be ourselves and be the person we can be and make ourselves happy, but not try to be something we’re not simply because we think that would make us cool or awesome or whatever, at that time.

 

PBS: NewsHour- Paul Solomon Interviewing Charles Murray- Why Economic Anxiety is Driving Working Class Voters to Trumpism

“The American middle class and you could go down half of a class and look at the working class in America who tend to be blue-collar and …”

Source: This piece was originally posted at The New Democrat

The American middle class and you could go down half of a class and look at the working class in America who tend to be blue-collar and perhaps just have a high school diploma and perhaps some college and are people who probably make somewhere around 30-60 thousand-dollars a year and would be the lower middle class in America as far as income, these people have seen an economic decline in America. Who think the rich have been screwing them and sending their jobs oversees. And the poor get to live off of taxpayers for free. So they’ve seen the rich get richer and the poor getting more free taxpayer funded benefits. And they’re thinking how about them and whose going to look out for them and empower them to do better in America. And here comes this rich guy someone who is perhaps even a billionaire in Donald Trump saying he’s their champion and fighter. Talks about bad trade deals and tells them immigration is costing them their good jobs. Someone who labels Mexicans as rapists and criminals and Muslims as supporters of terrorism.

As I said in my piece Sunday about Donald Trump, Trump voters 30-40 years ago would have been called Reagan Democrats and are now Trump Republicans. Southern and Midwestern blue-collar Republicans who tend to Anglo-Saxon and Protestant and have other European backgrounds and are also male. The so-called angry white-males that voted heavily against Bill Clinton and other Democrats in the 1990s. Donald Trump has as much in common with working class voters as the Christian-Right has in common with Communists. But one thing that the The Donald has been successful and good at in his career has been as a salesman. The man could sell water to fish if given the opportunity and I and many other people would say he’s a great con-man in the amount of success he’s had at coming on fifty-years in business. And he loves power and what’s more powerful than the President of the United States. And decides he’ll try to convince millions of Caucasian working class voters in America who perhaps have never heard of Donald Trump before he ran for president that he’s one of them. And so far he’s had great success with this voting block.