just because a problem is perennial does not mean that it cannot be better or worse in different eras and systems. — Count Timothy von Icarus
Yes, but isn’t America evidence that the liberal capitalist system has been the best opportunity for the most poor people so far in history, across 250 years now? America, today, is literally sitting in the best position of anywhere on earth, maybe anytime in history if you factor in America is 350 million people. There are many millions of solid adults in America - seeking the virtuous for virtue’s sake. Let’s see if China’s poor can catch up to America’s poor (while the US continues to grow) before we conclude that wealth distribution/consolidation can be better managed by some sort of dictatorial government, or king, or leftist regime, or socialism, or pure democracy, or caliphate (which is equivalent to dictatorial regime), or something else. If China catches up, I would bet it will be because they free up their markets even more, and more importantly, free their people from government restraint.
Income and particularly wealth follow a power law distribution, whole all evidence suggests that human ability is largely on a normal distribution. The cumulative exponential gains on capital make this somewhat inevitable without some sort of policy mechanism to redistribute wealth of a quite vast scale. — Count Timothy von Icarus
Are you saying inherited wealth isn’t fair and “rigs the system?” Ok, but is that some sort flaw in the system or is the poisoning of the entire well?
Are you saying there could be “some sort of policy mechanism to redistribute wealth” that is more fair than what people have been doing for the past 250 years in America? I’m open to suggestions, because the only needed improvement I thought of is more charity and sacrifice for others (voluntarily of course). Certainly nothing a government can do.
The world is never going to be utopia, even if we could get 10 people to agree on what utopia might look like. That cannot be the goal.
There is a reason, I think, that Jesus had very little to say about economic systems and political systems and earthly governing of earth dwellers. This is all our problem.
I still don’t see any of these points about the badness in society as being rooted in the nature of capitalism. Rich people who don’t help the poor is the exact same evil as poor people who don’t help those that are even poorer still. All of us need to be more charitable. Some people learn this, and some people don’t. The economic, political environment surrounding this failure in charity has nothing to do with politics and economics. Knowing that (which maybe only I believe), capitalism, as evidenced by the last 250 years of human history and as it was employed by America, seems worth a little more consideration as a platform to build a sense of charity and other virtue.
And yet, in a system where wealth is convertible into cultural and political power, this means that there is always the risk of state capture, rent seeking, and moves by the elite to undermine liberalism so as to install themselves as a new sort of aristocracy. — Count Timothy von Icarus
What system is there where wealth is not convertible into cultural and political power? That isn’t a problem, it’s a feature of wealth. It is what we do with our wealth that breeds our problems. Capitalist liberal democracy does make the conversion of wealth to political power much easier - but should we invent a mechanism to limit government influence and thereby limit the temptation and possibility to influence government, or should we invent some mechanism to make it more impossible to be wealthy?
Let’s say we turned the US into some form of socialist state tomorrow. And let’s say it is 1,000 years in the future and we are writing history. Historians would see the birth of a new nation around 1780 (a new structure of government and economics), and see poor people educating themselves and becoming presidents, senators, mayors, poor people becoming billionaires, all races and creeds flourishing, millions of “poor” people in America living better than middle class folks throughout all of history before them, the country becoming the lone world’s super power economically and politically, and then a whole bunch of whiney children who don’t know when enough is enough tearing it all down with no sense of what could replace it. It’s not a systemic issue we face, it’s user error. As it was in the garden of Eden. The rest of the world is struggling simply to survive, struggling to build any platform that might last beyond a charismatic leader, certainly more so than the US (save for all of the people who confuse an elected president with a fascist monarch).
Epictetus, the great philosopher-slave, said that most masters were slaves. Plato, Saint Thomas, Saint Maximus, etc. thought that freedom was hard to win. It required cultivation, ascetic labors, and training. Self-governance, at the individual and social level requires virtue and virtue must be won. As Plotinus has it, we must carve ourselves as a sculptor chisels marble. — Count Timothy von Icarus
This is all spot on. How does capitalist liberal democracy get in the way of any of that? How does any other system better guarantee the pursuits you outline for happiness? America is a place where, with very basic effort, one can devote oneself to pursue “freedom… hard to win…[that] require(s) cultivation, ascetic labors, and training. Self-governance, at the individual and social level requires virtue and virtue must be won…”.
Just because people don’t understand what remains their sole responsibility, doesn’t mean we need to scrap the system that they are failing to uphold. Government isn’t supposed to provide us with jobs, food, housing, wages - these are new leftist ideas, and liberalism perverting itself.
the anthropology undergirding liberalism says that all people are free just so long as they avoid grave misfortune or disability. — Count Timothy von Icarus
Only undergirding liberalism? In what system is that not true? In communist systems you can be disabled and remain safe? In socialist systems? Monarchies? I don’t understand how these are points showing liberal capitalism is worse than anything else, or how it isn’t better than everything else. Or that capitalism is clearly not helpful to more people given the possibility (and reality) of misfortune and eventual disability for everyone in history.
education in modern liberal states often wholly avoids philosophy and ethics. It's main role is to train future "workers and consumers." Freedom is assumed as a default, and so freedom to consume (wealth) becomes the main focus. — Count Timothy von Icarus
I’d rather every university be similar to Hillsdale College myself. Isn’t it illiberal, leftist forces that have torn down true liberal arts and the importance of philosophy and ethics? It’s not conservatism that objects or subverts a classical education.
And isn’t our assumed freedom the freedom to generate and consume wealth, not just consume it? Freedom to save money and protect your self in the uncertain future - and protect your family and community?
I’m not sure we are not seeing eye to eye simply because of semantics surrounding my likely less informed notions of liberalism and conservatism and classical education and leftism and tradition and capitalism. But I don’t buy into what sounds like a leftist/ postmodern critique of capitalism, mostly because I’ve never seen anything else that makes any sense at all. We don’t need to eliminate capitalism. We need to raise children that aren’t materialistic, who seek virtue and seek to do good.
I do see the point that liberalism unfettered devours itself. This happens in real time when various liberal factions try to resolve a dispute among themselves - that always ends badly for one or all factions. I think it is conservative forces, the adults in the room, that need to temper these often self-destructive impulses.
Conservatism is recognition of what is good enough to conserve. Good enough is as good as it gets when it comes to man-made institutions, which any government on earth is. We aren’t building the kingdom of God.
Liberalism tempers unfettered traditionalists who don’t realize what needs to change, and conservatism tempers unfettered liberals who don’t realize what needs to be saved. We needed the enlightenment to become truly responsible. As far as I can tell, only modern conservatives understand this. The progressives (and other less influential groups) seek to alleviate themselves of the burden of this new responsibility.
Libertarians are an interesting thing to characterize here. Libertarians take full responsibility for themselves - and that is good. But they also act like society will just take care of itself and so they take no responsibility for the needed power even limited government must wield. So libertarianism won’t work for our billions of people either.
On the view that self-governance requires virtue, which requires positive formation and cultivation, this can be nothing but disastrous. Likewise, it is hardly fair to inculcate people in vice, indeed to give them a positive education in vice (which I would say our system does) and then to say that only problem with the system is that the citizens (the elites as much as the masses) are childish and vice-addled. — Count Timothy von Icarus
So you would say the liberal capitalist system is itself, the problem, or a system that exacerbates this problem? I know many, many people have versions of this argument, but none convince me - I find no evidence to support that. The charge is that liberal capitalism inculcates vice - like money is the root of all evil. But it is
love of money that is the root of all evil, not just capitalism. We don’t need to eliminate money.
The answer is not new government. The answer is not new economics. Frankly, there is no answer, no hope, nor any reason to care if there is no God, but again, that is another conversation. We are left with the only best solution being the possibility that is inherent in capitalist liberal democracy.
The path out of the cave is rather arduous and requires a virtuous society. — Count Timothy von Icarus
I agree completely.
I think the analysis of liberal capitalism as an empty promise though is a bit overly simplified.
I would just say one of the many paving stones on that path out of the cave has to be government by consent, and the political right to life, liberty, and property, and another paver is a free marketplace.
But most of all, I can’t conceive of any other way. Certainly nothing conceived or tried in the past promised as much for as many as liberal capitalism.