Socialism will be the death of us all.
It's easy to forget this, in a world in which armed religious fanatics pose a much more literal and more immediate threat. But there's still a lot of catastrophe that can be wrought by just a few demogogues and incompetent control freaks.
I'm looking at you, South America. Argentina is now officially a basket case and even Venezuela is back under tyranny.
This is all very simple. All you want, all you need, are laws that people will respect, easy access to information that tells you exactly what your rights are and aren't. Once people feel secure in their right to contract, they'll make deals with each other. They'll build things. They'll produce things. They'll make money, more than enough to feed themselves and their family, right about enough to live in some sort of modest comfort.
I can't find my copy of The Future and Its Enemies, which I was just reading on the plane a week ago. Excellent book. Go out and get it and read it. In fact, I'm so convinced of this that if you're one of my friends reading this and you want to take me up on this, I'll buy you a copy (first couple of people to respond) and have it shipped right to you. Seriously. I'm that strong a proponent of this book.
In any case, there's an extended quote in there about two adjacent Peruvian villages. The mayor of one spent a lot of time clearing up murky title claims so that squatters would either actually own their property or find out sooner rather than later that they were SOL. That was the town where when property rights were finally settled, people started building things. Houses, painted, old Toyota cars in driveways, flicker of TV from just inside the living room window. In the other village the mayor did no such thing. People still live in shanties, walls made out of cardboard, all this stuff because nobody's going to make improvements if they fear that they'll lose their stuff. In a land without unambiguous title, nobody will rent out for fear that the new tenant will claim to be the rightful owner.
Relevance here: People can prosper, just not when governments are run by incompetents and revolutionaries. In those circumstances, what happens instead is that industry goes south. People starve. People die. People kill.
It's been awhile since I loathed and scathed a living, breathing, dorm room bull session socialist. You'd think, living in San Francisco and working in Berkeley, that there'd be plenty of opportunities. Fortunately for all involved, nobody really talks politics any more.
It's easy to forget this, in a world in which armed religious fanatics pose a much more literal and more immediate threat. But there's still a lot of catastrophe that can be wrought by just a few demogogues and incompetent control freaks.
I'm looking at you, South America. Argentina is now officially a basket case and even Venezuela is back under tyranny.
This is all very simple. All you want, all you need, are laws that people will respect, easy access to information that tells you exactly what your rights are and aren't. Once people feel secure in their right to contract, they'll make deals with each other. They'll build things. They'll produce things. They'll make money, more than enough to feed themselves and their family, right about enough to live in some sort of modest comfort.
I can't find my copy of The Future and Its Enemies, which I was just reading on the plane a week ago. Excellent book. Go out and get it and read it. In fact, I'm so convinced of this that if you're one of my friends reading this and you want to take me up on this, I'll buy you a copy (first couple of people to respond) and have it shipped right to you. Seriously. I'm that strong a proponent of this book.
In any case, there's an extended quote in there about two adjacent Peruvian villages. The mayor of one spent a lot of time clearing up murky title claims so that squatters would either actually own their property or find out sooner rather than later that they were SOL. That was the town where when property rights were finally settled, people started building things. Houses, painted, old Toyota cars in driveways, flicker of TV from just inside the living room window. In the other village the mayor did no such thing. People still live in shanties, walls made out of cardboard, all this stuff because nobody's going to make improvements if they fear that they'll lose their stuff. In a land without unambiguous title, nobody will rent out for fear that the new tenant will claim to be the rightful owner.
Relevance here: People can prosper, just not when governments are run by incompetents and revolutionaries. In those circumstances, what happens instead is that industry goes south. People starve. People die. People kill.
It's been awhile since I loathed and scathed a living, breathing, dorm room bull session socialist. You'd think, living in San Francisco and working in Berkeley, that there'd be plenty of opportunities. Fortunately for all involved, nobody really talks politics any more.