Posts tagged with: socialism

Michael J. Totten has a new piece on his travels through Cuba, this one focused on rural Cuba. “Most of the Cuban landscape I saw is already deforested,” he writes. “It’s just not being used. It’s tree-free and fallow ex-farmland. I’ve never seen anything like it, though parts of the Soviet Union may have looked similar.”

Economists refer to this sort of thing as “the tragedy of the commons,” and nobody does it well as the communists.

Parts of the travelogue are surreal:

Castro’s checkpoints are there to ensure nobody has too much or the wrong kind of food.

Police officers pull over cars and search the trunk for meat, lobsters, and shrimp. They also search passenger bags on city busses in Havana. Dissident blogger Yoani Sanchez wrote about it sarcastically in her book, Havana Real. “Buses are stopped in the middle of the street and bags inspected to see if we are carrying some cheese, a lobster, or some dangerous shrimp hidden among our personal belongings.”

If they find a side of beef in the trunk, so I’m told, you’ll go to prison for five years if you tell the police where you got it and ten years if you don’t.

No one is allowed to have lobsters in Cuba. You can’t buy them in stores, and they sure as hell aren’t available on anyone’s ration card. They’re strictly reserved for tourist restaurants owned by the state. Kids will sometimes pull them out of the ocean and sell them on the black market, but I was warned in no uncertain terms not to buy one. I stayed in hotels and couldn’t cook my own food anyway. And what was I supposed to do, stash a live lobster in my backpack?

The full essay is here.

Blog author: jballor
posted by on Monday, January 6, 2014

The following is a letter written in response to a post from my friend Brad Littlejohn on the topic of the minimum wage

Dear Brad,

Thank you for your thoughtful and substantive engagement on the question of the minimum wage. I don’t think the conversation we had on Twitter earlier did justice to your work here, so I’m offering this response in hopes of furthering the conversation. I hope you find it fruitful. I certainly have. I should also note that I have been assuming the context of policy proposals to increase the minimum wage at the federal level in the United States. There are certainly aspects of what we’re discussing that apply to a greater or lesser extent in other contexts and at other levels of government, but at the level of individual states, for instance, the stakes are somewhat reduced and ameliorated by the realities of federalism.

You write that you “want to reflect a bit more fully on what’s wrong with one of the common conservative arguments against the minimum wage: that the laborer is only worth his productivity.” I have significant concerns with equating someone’s worth with the economic value of their labor in the marketplace. I do not argue that the laborer is only worth his or her productive work. I argue that a worker’s work is only valuable in a market setting insofar as someone is willing to pay for it. I agree that there is a subjective element to work that is in some ways intimately identified with and inseparable from the person doing the working. But I do maintain that the worker and the work can, and indeed must, be distinguished. Perhaps what we disagree about is that you think the wage someone is offered is primarily a signal about how much that person is valued. I think that the wage someone is offered is primarily a signal about how much that person’s work is useful to others.
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“With every passing year, and each new EU bailout, Europeans seem to be forgetting where they came from,” writes journalist David Aikman in a new review of Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future. In The Weekly Standard, Aikman commends Acton Research Director Samuel Gregg’s book for showing how the long post-war project designed to advance European integration, economic security and social welfare has in fact degenerated into government dependency and bureaucratic bloat. The former Time magazine senior correspondent and bestselling author also applauds Gregg for reminding us that Marxist inspired “redistributionism” is really the core problem. Excerpt from the review:

The idea of a European federal superstate as an economic and political entity was never far from the minds of Europe’s key founders. Democratic capitalism was to be the main economic engine of that entity. But as Samuel Gregg points out in this cogently argued study—which frequently refers to Alexis de Tocqueville—whereas the American federal experiment emphasized economic and political freedom as the prerequisites for social prosperity and “human flourishing,” Europe’s postwar program was heavily influenced by social democracy. The goal became economic security for everyone, an idea that required labor-union political power and large bureaucracies to administer the welfare state.

Gregg correctly reminds us that behind social democracy’s stress on fair economic outcomes for Europe’s population lay the fundamental Marxist principle of redistributionism. He certainly does not attribute the European Union’s recent woes to the influence of Marxism, but he assembles a variety of ingredients that add up to what he calls “social Europe,” a social-welfare coterie of EU countries in which general prosperity has declined as economic freedoms have been whittled down. (more…)

Acton’s busy week of media appearances continued last night with Acton President Rev. Robert A. Sirico joining guest host Arthur C. Brooks – president of the American Enterprise Institute – on The Hugh Hewitt Show to discuss Pope Francis, Evangelii Gaudium, and the compatibility of Catholic social teaching with free market capitalism. We’ve embedded the interview for you below, and added the video of Arthur Brooks’ 2012 Acton University plenary address after the jump.

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Acton On The AirContinuing our roundup of Acton comment on Evangelii Gaudium, here’s Acton’s Director of Research and Author of Tea Party Catholic Samuel Gregg joining host Al Kresta on Ave Maria Radio’s Kresta in the Afternoon to discuss Pope Francis’ Apostolic Exhortation, with particular emphasis on its economic elements. This interview took place on Monday, December 2nd.

Last night on CNBC’s The Kudlow Report, PovertyCure director and Acton Research Fellow Michael Matheson Miller joined host Lawrence Kudlow and Rusty Reno, Editor of First Things magazine, to discuss the position of the Roman Catholic Church on global capitalism in light of Pope Francis’ Apostolic Exhortation ‘Evangelii Gaudium.’ The video is embedded below.

Good Monday morning to you! Acton’s Director of Research (and author of Tea Party Catholic) Samuel Gregg was called upon to provide analysis of ‘Evangelii Gaudium‘ on Bill Bennett’s Morning in America radio show. You can listen to the interview using the audio player below:

I also want to draw attention to the interviews conducted over the weekend with Acton President Rev. Robert A. Sirico that we posted on Saturday, just in case anyone is checking in after the long weekend and missed them. And of course don’t forget to check out Rev. Sirico’s video comments on ‘Evangelii Gaudium’ from last Wednesday if you haven’t had an opportunity to do so already.

Earlier this month, U.S. Supreme Court Justice Antonin Scalia gave a lecture at the Lanier Theological Library, in which he explored the values of capitalism and socialism and their relative consistency with Christianity and the common good. While not asserting that either system is inherently “more Christian,” he does comment on the extent to which Christian principles are able to participate in each. He states:

While I would not argue that capitalism as an economic system is inherently more Christian than socialism … it does seem to me that capitalism is more dependent on Christianity than socialism is. For in order for capitalism to work – in order for it to produce a good and a stable society – the traditional Christian virtues are essential.

Additional quotes from the lecture are featured in a Houston Chronicle article by Cindy George, which was listed as a PowerLink on the Acton Blog a few weeks ago.

See the complete video of Justice Scalia’s lecture below.

Blog author: johnteevan
posted by on Thursday, September 5, 2013

Simon Vouet - La Richess - c. 1633Sustained prosperity is new and sustained prosperity for masses of people is completely unprecedented. What is sustained prosperity? It’s three or more generations of people who do not need to focus on survival or live in economic depression, but who can live comfortably even if they live paycheck to paycheck.

The only people who previously enjoyed sustain prosperity were the aristocratic landowners and royals especially of Europe and Asia. After the industrial revolution a few business men and bankers were added to that list but only if their wealth was handed down for more than two generations. No even we do.

Isn’t this the definition of the very rich? Yes, but what is new is that the entire group of people we call the ‘middle class’ has also become comfortable in the four generations since WWII.

How big is the middle class? Even though there are billions who do not enjoy this prosperity, fully 1.80b people are in the global middle class today (and another .15b people are rich). Of that 1.8b there are 18% who live in the U.S., another 36% live in Europe, and 20% are in the BRIC nations.

How did so many join the middle class? It was through the opportunities of new businesses, new inventions, a new high level education for the public, and new skill and knowledge based jobs. These are only possible where there is liberty and governments that allow businesses to prosper.

Why do Africa, the Mid-East, and Latin America have a very small middle class population? Because those regions still retain the old definitions of aristocratic and inherited wealth. That’s the polite way to say it. The reality is more that corrupt governments have plundered their own nations and their own people by corralling the wealth of the land including oil and minerals for themselves.
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noun_project_8671For this week’s Acton Commentary, ahead of Labor Day weekend, I write about “working harder and smarter,” lessons we can learn from Ashton Kutcher and Mike Rowe.

One of the implications of connecting hard work with smart work is that the difficulty of work on its own does not determine its value in the marketplace. It isn’t a question of how hard you are working, but how hard you are working in productive service. This is why Lester DeKoster writes,

The paycheck follows upon work. Often the harder we work, the larger the paycheck—though, as many workers know, this unfortunately is not an invariable law. That is because, as we shall see, work and wage are not related as cause and effect.

He refers to money as the “bait,” which induces us to work and which tends to direct our work in service to others. But the bait can become a “trap” if we conflate the meaning of work with the wage: “Work endows life with meaning because of what work is, not because of what it earns. Paychecks buy goods and services provided to us through the gift of selves by others, but money buys no meaning. Life’s meanings are not for sale!”
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