The Roman philosopher Cicero once said to his son, “You are the only man of all men whom I would wish to surpass me in all things.” The form this sentiment takes collectively is a good summation of the universal hope for humankind. We want our children in particular, but also the next generation and the world more generally, to be better off than we are.

We want them to surpass us “in all things,” not simply in terms of material wealth, but also with respect to their development as whole human persons, body and soul.

Earlier this week I had the privilege of participating in a panel discussion hosted by Common Sense Concept at AEI on the current debt crisis facing America, focusing particularly on applying the concept of “intergenerational justice” to the problem. You can view the entire event at the AEI page. A highlight of my comments appears below:


One of the things we talked about during the discussion was the idea of “opportunity” and how it relates to intergenerational justice. Cicero’s sentiment assumes this idea: his son needs to have the opportunity to surpass him, to be better than him “in all things.”

I think of how this applies to the hopes and dreams of so many Americans, not particularly for themselves, but for their children. Consider the people you know or stories you’ve heard about parents who work extra shifts and second, sometimes third, jobs to put away money so that their child can have the opportunity they have never had: to go to college, to get a well-paying, rewarding, and fulfilling job, and to see flourishing on an intergenerational scale.

It reminds me of the film “The Pursuit of Happyness” that came out a few years ago. This is a story based on the real-life experiences of Chris Gardner. One of the takeaways from the film version is that so much of what drives Gardner to work harder, to never give up, to continually seek a better life, is that he is doing all this for his son. Lending the portrayal special poignancy, in the film Gardner and his son are played by Will Smith and his own son, Jaden.

A great deal of what we are talking about in this ongoing conversation about the public debt crisis and intergenerational justice centers on this idea of opportunity. Ryan Streeter mentioned it explicitly in our discussion, and Ron Sider’s explication of what the biblical picture of “economic justice” is like could be summed up as focusing on guaranteeing opportunity across generations. In his essay, “General Biblical Principles and the Relevance of Concrete Mosaic Law for the Social Question Today,” (appearing in the latest issue of the Journal of Markets & Morality) the theologian Herman Bavinck describes the Old Testament polity as one in which “the basic necessities for a life of human dignity were made possible for most Israelites.”

The fiscal reality today, however, is that we are rapidly facing a situation in which the coming generations will be constrained from having the opportunity to surpass us because of the profligacy of federal spending, the deleterious commitments to transfer wealth from younger and poorer workers to older and wealthier Americans, and the simply unsustainable levels of spending pursued for decades by politicians.

This is why in the key economic factor to consider in the debates about the ethics of intergenerational justice is that of opportunity cost. As David Henderson writes, the concept’s “virtue is to remind us that the cost of using a resource arises from the value of what it could be used for instead.”

The Social Security system is perhaps the most obvious example in this regard. It is the single largest piece of the federal budget ($695 billion in FY 2010), taking large sections of income out of the checks of working Americans every pay period, that could otherwise be put to a variety of other uses. Depending on the situation, some of these uses might be more immediate and temporary (like food and rent) and others might have longer-term implications (such as investment and savings).

When we ignore opportunity cost and its intergenerational implications, we are constricting the range of options available to current and future generations. We are, in fact, infringing on their rights to liberty and “the pursuit of happiness.”


  • http://www.remnantculture.com Joseph Sunde

    Great insights at the event.

    I made a similar point last week at Common Sense Concept, drawing on a widely circulated video of Milton Friedman, in which he emphasizes that we are a “family society” vs. an “individual society.”

    Here’s Friedman:

    “The thing that is amazing that people don’t really recognize is the extent to which the market system has in fact encouraged people and enabled people to work hard and sacrifice — in what I must confess I often regard as an irrational way — for the benefit of their children. One of the most curious things to me in observation is that almost all people value the utility their children will get from consumption higher than their own.”

    Here’s the rest, if interested:
    http://www.commonsenseconcept.com/it-takes-a-market/

  • http://www.wannabeprentious.wordpress.com Michael Chovanec

    Jordan:
    Finally got through the whole 2 hours. Quite a lively group. I thought that the interplay at about the 1:20 to 1:26 mark was very illuminating. When you injected the idea that the “effectiveness” test for such programs, whatever they are, should be whether they create self supporting people who are no longer poor it drew a rational line between programs for the capable “poor” who need a boost and the disabled “poor” who will need to be supported for life. The way Gideon reacted seemed to me to indicate that he could not conceive of any “anti-poverty” program which, when effective, would create citizens who are able to completely support themselves. This was actually a utopian visiion in his view? He further seemed to suggest that such programs would only be enacted because of a public aversion to sacrifice rather than because of a concern for the self sufficiency and personal dignity of the capable poor. He needs to come to AU!!!
    Mike

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  • http://www.jordanballor.com/ Jordan J. Ballor

    Michael,

    I think it probable that Gideon misunderstood the object of my reference to “planned obsolescence.” The object wasn’t poverty per se, but particular federal anti-poverty programs. We probably have different ideas about what those programs ought to look like, their size, their scope, their longevity, and so on.

    I can’t recall being called a “utopian” in a really long time! He’s reacting (legitimately) to a theme you do see in a lot of generically evangelical, particularly transformationalist neo-Calvinist, talk about “ending poverty” or “ending hunger” or whatever. I think the utopian, post-millenial charge does stick in such cases.

    I don’t predict an end to poverty, but I would like to see some anti-poverty programs end (and be replaced and reformed as necessary)!