Posted: November 25, 2016 | Author: Pundit Planet | Filed under: Education, History, Politics, Reading Room, Think Tank | Tags: Adam Smith, Australia, Bit by Bit: How P2P Is Freeing the World, Capitalism, Democratic Party, dismal science, Donald Trump, Fascism, Free Markets, French Revolution, Great Man Theory, Hero-Worship, Hitler, John Stuart Mill, Karl Marx, Liberalism, Marxism, Reign of Terror, Ruling class, Socialism, Thomas Carlyle |

The originator of the great man theory of history is British philosopher Thomas Carlyle (1795-1881), one of the most revered thinkers of his day.
The meaning is obvious from the words. The idea is that history moves in epochal shifts under the leadership of visionary, bold, often ruthless men who marshall the energy of masses of people to push events in radical new directions. Nothing is the same after them.

Adam Smith
“Liberalism was always counterintuitive. The less society is ordered, the more order emerges from the ground up. The freer people are permitted to be, the happier the people become and the more meaning they find in the course of life itself. The less power that is given to the ruling class, the more wealth is created and dispersed among everyone. The less a nation is directed by conscious design, the more it can provide a model of genuine greatness.”
In their absence, nothing happens that is notable enough to qualify as history: no heroes, no god-like figures who qualify as “great.” In this view, we need such men. If they do not exist, we create them. They give us purpose. They define the meaning of life. They drive history forward.
Great men, in this view, do not actually have to be fabulous people in their private lives. They need not exercise personal virtue. They need not even be moral. They only need to be perceived
as such by the masses, and play this role in the trajectory of history.
[Read the full text here, at Foundation for Economic Education]
Such a view of history shaped much of historiography as it was penned in the late 19th century and early 20th century, until the revisionists of the last several decades saw the error and turned instead to celebrate private life and the achievements of common folk instead. Today the “great man” theory history is dead as regards academic history, and rightly so.
Carlyle the Proto-Fascist
The originator of the great man theory of history is British philosopher Thomas Carlyle (1795-1881), one of the most revered thinkers of his day. He also coined the expression “dismal science” to describe the economics of his time. The economists of the day, against whom he constantly inveighed, were almost universally champions of the free market, free trade, and human rights.
His seminal work on “great men” is On Heroes, Hero-Worship, and the Heroic in History (1840). This book was written to distill his entire worldview.
“Carlyle was not a socialist in an ideological sense. He cared nothing for the common ownership of the means of production. Creating an ideologically driven social ideal did not interest him at all. His writings appeared and circulated alongside those of Karl Marx and his contemporaries, but he was not drawn to them.”
Considering Carlyle’s immense place in the history of 19th century intellectual life, this is a surprisingly nutty book. It can clearly be seen as paving the way for the monster dictators of the 20th century. Reading his description of “great men” literally, there is no sense in which Mao, Stalin, and Hitler — or any savage dictator from any country you can name — would not qualify.
“Rather than an early ‘leftist,’ he was a consistent proponent of power and a raving opponent of classical liberalism, particularly of the legacies of Adam Smith and John Stuart Mill. If you have the slightest leanings toward liberty, or affections for the impersonal forces of markets, his writings come across as ludicrous. His interest was in power as the central organizing principle of society.”
Indeed, a good case can be made that Carlyle was the forefather of fascism. He made his appearance in the midst of the age of laissez faire, a time when the UK and the US had already demonstrated the merit of allowing society to take its own course, undirected from the top down. In these times, kings and despots were exercising ever less control and markets ever more. Slavery was on its way out. Women obtained rights equal to men. Class mobility was becoming the norm, as were long lives, universal opportunity, and material progress.

“A good case can be made that Carlyle was the forefather of fascism. He made his appearance in the midst of the age of laissez faire, a time when the UK and the US had already demonstrated the merit of allowing society to take its own course, undirected from the top down. In these times, kings and despots were exercising ever less control and markets ever more. Slavery was on its way out. Women obtained rights equal to men. Class mobility was becoming the norm, as were long lives, universal opportunity, and material progress.”
Carlyle would have none of it. He longed for a different age. His literary output was devoted to decrying the rise of equality as a norm and calling for the restoration of a ruling class that would exercise firm and uncontested power for its own sake. In his view, some were meant to rule and others to follow. Society must be organized hierarchically lest his ideal of greatness would never again be realized. He set himself up as the prophet of despotism and the opponent of everything that was then called liberal.

“Carlyle would have none of it. He longed for a different age. His literary output was devoted to decrying the rise of equality as a norm and calling for the restoration of a ruling class that would exercise firm and uncontested power for its own sake. In his view, some were meant to rule and others to follow. Society must be organized hierarchically lest his ideal of greatness would never again be realized. He set himself up as the prophet of despotism and the opponent of everything that was then called liberal.”
Right Authoritarianism of the 19th Century
Carlyle was not a socialist in an ideological sense. He cared nothing for the common ownership of the means of production. Creating an ideologically driven social ideal did not interest him at all. His writings appeared and circulated alongside those of Karl Marx and his contemporaries, but he was not drawn to them.

“Why the state? Because within the state, all that is otherwise considered immoral, illegal, unseemly, and ghastly, can become, as blessed by the law, part of policy, civic virtue, and the forward motion of history.”
Rather than an early “leftist,” he was a consistent proponent of power and a raving opponent of classical liberalism, particularly of the legacies of Adam Smith and John Stuart Mill. If you have the slightest leanings toward liberty, or affections for the impersonal forces of markets, his writings come across as ludicrous. His interest was in power as the central organizing principle of society.

Here is his description of the “great men” of the past:
“They were the leaders of men, these great ones; the modellers, patterns, and in a wide sense creators, of whatsoever the general mass of men contrived to do or to attain; all things that we see standing accomplished in the world are properly the outer material result, the practical realization and embodiment, of Thoughts that dwelt in the Great Men sent into the world: the soul of the whole world’s history….
One comfort is, that Great Men, taken up in any way, are profitable company. We cannot look, however imperfectly, upon a great man, without gaining something by him. He is the living light-fountain, which it is good and pleasant to be near. The light which enlightens, which has enlightened the darkness of the world; and this not as a kindled lamp only, but rather as a natural luminary shining by the gift of Heaven; a flowing light-fountain, as I say, of native original insight, of manhood and heroic nobleness;—in whose radiance all souls feel that it is well with them. … Could we see them well, we should get some glimpses into the very marrow of the world’s history. How happy, could I but, in any measure, in such times as these, make manifest to you the meanings of Heroism; the divine relation (for I may well call it such) which in all times unites a Great Man to other men…”

And so on it goes for hundreds of pages that celebrate “great” events such as the Reign of Terror in the aftermath of the French Revolution (one of the worst holocausts then
experienced). Wars, revolutions, upheavals, invasions, and mass collective action, in his view, were the essence of life itself.
[Order Jeffery Tucker’s book “Bit by Bit: How P2P Is Freeing the World“
from Amazon.com]
The merchantcraft of the industrial revolution, the devolution of power, the small lives of the bourgeoisie all struck him as noneventful and essentially irrelevant. These marginal improvements in the social sphere were made by the “silent people” who don’t make headlines and therefore don’t matter much; they are essential at some level but inconsequential in the sweep of things. Read the rest of this entry »
Posted: May 5, 2016 | Author: Pundit Planet | Filed under: Economics, Education, Global, History, Think Tank | Tags: American Enterprise Institute, Barack Obama, Bernie Sanders, Capitalism, Communism, Democratic Party (United States), Free Markets, Freedom, Geonocide, Hillary Clinton, Liberty, Marxism, Mass murder, Seattle, Socialism, United States, Vladimir Lenin |

Like life, markets will generally find a way to survive. Socialism can harass and suppress what it calls capitalism—now, often just by calling it capitalism—but it can never replace it.
James Bowman writes: They’re demonstrating in Seattle about “capitalism” again. Young people, presumably of the hip variety now famed for supporting Bernie Sanders, rioted there on May Day.

“You’ve got to wonder how, for all those centuries, nobody realized that they were either oppressed or oppressing merely by marrying and having children—just as it never occurred to either employers or employees that they were part of a system, whether called ‘capitalism’ or something else, until patently self-interested socialist theorists came up with a rival system that, they said, would solve all their problems.”
The Seattle Times reported nine arrests and several injuries to police, including one officer who was bitten. Meanwhile, James Pethokoukis of the American Enterprise Institute, noting that a recent survey found 51 percent of young people, aged 18–29 described themselves as not supporting capitalism, wondered if the c-word “really isn’t the right word for the free enterprise system, the deep magic that has made America the richest, most powerful nation on Earth.”

“The system should rather be called ‘technological and institutional betterment at a frenetic pace, tested by unforced exchange among all the parties involved.’ Or ‘fantastically successful liberalism, in the old European sense, applied to trade and politics, as it was applied also to science and music and painting in literature.’ The simplest version is ‘trade-tested progress.’”
I hope it will not sound immodest in me if I mention that this is what I have been saying for years. As I wrote back in June of 2002, “capitalism” is simply the socialist word for life. You can tell because even under socialism there is still capitalism, in the form of the black market.

Like life, markets will generally find a way to survive. Socialism can harass and suppress what it calls capitalism—now, often just by calling it capitalism—but it can never replace it. 
[Order Deirdre McCloskey’s book “Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World” from Amazon.com]
You can’t replace an organic growth of human enterprise and ingenuity with a merely theoretical system designed by intellectuals to transform fallen humanity into a perfect society.
Mr Pethokoukis’s point is to promote “Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World, by Deirdre McCloskey….(read more)
Source: thenewcriterion.com
Posted: April 26, 2016 | Author: Pundit Planet | Filed under: Economics, Global, History, Think Tank | Tags: Air Pollution, Bacteria, Capitalism, Disease, Economic planning, Environment, Free Markets, Health, Indoor air quality, Industrial Revolution, Life expectancy, Pollution, Sick building syndrome, University of California, University of Surrey |
Contrary to popular myth, the environment over the past 200 years has become less polluted and toxic for humans.
In July 1924, Calvin Coolidge Jr., the Presdient’s 16-year-old son, died of an infection from a toe blister he got playing tennis on the White House lawn. The bacteria that took young Calvin’s life is staphylococcus aureus, known as “staph.” …
Were health-care products such as antibiotics, antibacterial ointments, and inexpensive clean and disposable bandages available 92 years ago, Calvin Coolidge Jr., would have escaped the bacterial pollution that killed him. Factories and vehicles used to produce and distribute these items use energy, and dispense waste. But capitalist production and consumption are not destroying a pristine Eden. Instead, capitalist production and consumption are replacing more immediate and more lethal forms of environmental pollution for less immediate and less lethal forms.
We denizens of modern market economies are today largely free not only of the filth of lethal staph infections, but also of other up-close and dangerous pollutants that our ancestors routinely endured, or died of. We sleep, in sturdy buildings, on beds that rest on hard floors beneath hard roofs. Our pre-industrial ancestors did not. Save for the tiny fraction of people in the nobility and clergy, nearly everyone slept in flimsy huts on dirt floors beneath thatched roofs. (Sometimes these dirt floors would be strewn with hay, thresh, to make them less unpleasant.)
Not only were thresh-strewn dirt floors obvious sources of regular up-close pollution of a sort that is unknown to a typical first-world person today, thatched roof themselves were ferments of filth. They kept out rain and cold less effectively than our modern dwellings. Worse, they were home to rats, mice, birds, spiders, hornets, and other animals, which would drop their own wastes onto the huts’ inhabitants. They were also highly flammable.
Of course these pre-industrial huts contained no running water or indoor plumbing. Daily bathing and other routines of personal hygiene that we moderns take for granted were largely unknown to most before the industrial revolution.
For heat in the winter families would bring farm animals into the huts, especially at night. To shield themselves from the droppings of these farm animals, each of these families would cut a trench in the floor across the width their hut. They’d sleep on the side of the trench opposite where the animals slept. Unfortunately, the trench did little to protect the family from whatever insects the animals brought into the huts with them. Read the rest of this entry »
Posted: July 11, 2015 | Author: Pundit Planet | Filed under: Art & Culture, Politics, Think Tank | Tags: American Dream, American Enterprise Institute, Arthur C. Brooks, Barack Obama, Barcelona, Brookings Institution, Bureau of Economic Analysis, Charter school, Free Markets, French Horn, Karlyn Bowman, morality, Ted Wells, The Wall Street Journal, Twitter |

To become a majority again, conservatives need to reassert the moral case for free markets
William McGurn writes: Before he was president of the American Enterprise Institute, Arthur Brooks played the French horn. Not on the side. For a living.
It’s not the standard route to the top job at a Beltway think tank. Then again, not much about Mr.
Brooks is standard. From dropping out of college to go to Spain to play for the Barcelona City Orchestra, to earning his B.A. degree via correspondence courses from Thomas Edison State College in New Jersey, his life makes for an eclectic résumé.
“Our side has all the right policies. But without the music, the public hears just numbers and we have no resonance.”
Today he boasts a Ph.D. from the RAND Graduate School and enjoys an honored spot in the capital’s intellectual firmament. But the horn still defines how he sees the world.

“We don’t need to write an opera about free enterprise to reach people. But it’s not a bad idea.”
“The French horn is the harmonic backbone of the orchestra,” Mr. Brooks says. “The physics are tricky. It’s as long as a tuba but with a mouthpiece as small as a trumpet’s. This gives the French horn its characteristic mellow sound but also makes it easy to miss notes. The metaphors here form themselves.”
Indeed they do. Not least because think tanks have distinct personalities in addition to their politics.

“The liberation of hundreds of millions from desperate poverty ranks among the greatest success stories in history. But it’s a story that remains largely untold and mostly unheralded.”
The libertarian Cato Institute, for example, looks as though it had been designed by Howard Roark, the hero architect of Ayn Rand’s novel “The Fountainhead.” The Liberty Bell on the Heritage Foundation logo evokes a classic conservatism
rooted in the American founding. The clean modernist lines of the Brookings Institution suggest its faith in good, rational government.
“Capitalism has saved a couple of billion people and we have treated this miracle like a state secret.”
In Mr. Brooks’s hands, AEI has beome an orchestra. Sure, it is sometimes labeled “neocon” (almost always deployed as a pejorative) because of the home it provides for former George W. Bush administration officials such as John Bolton and
Paul Wolfowitz, not to mention scholars such as Fred Kagan who write on military matters.
These people are all vital to AEI, but they are only part of a larger ensemble.
[Order Arthur Brooks’s book “The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous America” from Amazon.com]
“Our side has all the right policies,” Mr. Brooks says. “But without the music, the public hears just numbers and we have no resonance.”
“We need to know Adam Smith who wrote ‘The Theory of Moral Sentiments’ as well as we do the Adam Smith who wrote ‘The Wealth of Nations,’ Because when you do, you begin to understand we are hard-wired for freedom by the same Creator who gave us our unalienable rights.”
He is speaking over lunch in his corner office overlooking 17th and M streets in northwest Washington, D.C. The office
isn’t standard-issue, either.
[Read the full text here, at WSJ]
The walls are bereft of the signed photos and tributes from presidents, senators and other pooh-bahs that are de riguer for the capital’s movers and shakers. The largest piece in the room is a poster featuring José Tomás, Spain’s greatest bullfighter. Mr. Brooks once saw him in the ring. “A true master artist,” he says.
The other poster is from the Soviet Union circa 1964. It features two workers. One is a drunk scratching his head as he looks at the one-ruble note in his hand. The other is a hale-and-hearty type proudly looking at the 10 rubles he has earned. The caption: “Work more, earn more.”
“It was part of a public-information campaign to raise productivity by paying people more,” Mr. Brooks says. It’s the sort of irony he loves, a confirmation of basic market wisdom—courtesy of communist propaganda. Read the rest of this entry »
Posted: January 3, 2015 | Author: Pundit Planet | Filed under: Economics, Humor, Politics, Think Tank, White House | Tags: Civil Rights, Free Markets, government, Investment, JFK, John Kennedy, Liberty, P. J. O'Rourke, Progressivism, prosperity, Socialism, Taxation |


Posted: May 13, 2014 | Author: Pundit Planet | Filed under: Art & Culture, Comics, Mediasphere | Tags: Art, design, Free Markets, Gaming, Illustration, Libertarian, Reason (magazine), typography |

Posted: October 4, 2013 | Author: Pundit Planet | Filed under: Mediasphere, Politics | Tags: Associated Press, Free Markets, GOP, grassroots, Tea Party |
Wynton Hall reports: The Associated Press says the Tea Party’s growing power and influence has unmoored Republican politicians from their traditional alliance with Wall Street in favor of grassroots conservative activists.
AP reporters Charles Babington and Jim Kuhnhenn cited the “corporate community’s waning clout” and “the remarkable drop in the business community’s influence among House Republicans, who increasingly respond more to Tea Party conservatives than to the Chamber of Commerce.”
The shift comes as grassroots activists have re-framed the GOP’s old “pro-business” stance into a “pro-free markets” positioning that eschews the kinds of corporate welfare and taxpayer-funded crony capitalism found in big government giveaways to industries that make hefty political contributions.
President Obama and Democrats have seized on the shift and have increased their already strong courting of corporate executives. On Wednesday, Obama held White House meetings with 14 top CEOs from some of America’s biggest financial firms. Goldman Sachs CEO Lloyd Blankfein then stood on the White House driveway and scolded those who would “use threats of causing the U.S. to fail on its obligations to repay its debt as a cudgel.”
Former Mitt Romney adviser Kevin Madden told the AP the Tea Party’s rise has shaken up the GOP establishment.
“Now it’s more of a bottom-up model, where you see these grassroots organizations and grassroots voters are now more empowered and they feel they have a stronger voice,” said Madden.
Breitbart.com – AP