MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Central Planning’

Do We Need a ‘Department of Children’?

Posted by M. C. on July 29, 2019

https://www.targetliberty.com/2019/07/do-we-need-department-of-children.html?m=1

I am sure glad Democratic presidential candidate Marianne Williamson is not registering at significant levels in the polls. I hope it stays that way.

She appears to have no idea as to the problems with central planning. She talks about the problems inner-city pre-school children have but appears to have no ability to link it to government programs that encourage the split-up of families, programs of coerced public school cockroach education that create multi-generational problems and government minimum wage laws which prevent inner-city youth from getting that very important first job.

She doesn’t notice any of this government failure and instead calls for more government “solutions”!

The answer is, of course, free markets and the end to government interventions in families, education and employment, not an expansion of government in the abuse, and that is what it would be, of pre-schoolers.

Quite frankly, Willaimson wouldn’t pass a background check for babysitting even Donald Trump.

According to a 1992 Skeptical Inquirer magazine article by Martin Gardner, in the past she has been “mired in a series of unhappy love affairs, alcohol and drug abuse, a nervous breakdown, and endless sessions with therapists” and she holds the view that “sickness is an illusion and does not actually exist.”

UPDATE

From a new Willaimson press release:

One of the pillars of my campaign for the presidency is a commitment to see every child in America — regardless of their zip code — attend schools that are, as I have called them, palaces of learning, culture and the arts…

Even in the most advantaged schools, children’s needs often go unmet…

This new department will implement integrated and systemic “wrap-around services” that focus on providing a whole-systems approach through intensive family and community-based programs focused on addressing and improving factors that impact ALL children living in the U.S.

RW

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4 New Reasons to Fear a Universal Basic Income | Mises Wire

Posted by M. C. on June 21, 2019

While it’s true people ought to be able to spend their own money as they see fit,  how they spend other people’s money is another matter.

This is Cloward-Piven in action.

The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a socialist system of “a guaranteed annual income and thus an end to poverty”

Take this to it’s natural conclusion. What happens when everyone is on the dole?

Who will teach, put out fires, be your doctor?

https://mises.org/wire/4-new-reasons-fear-universal-basic-income

Most of us have heard the arguments from the Left on the emancipatory power of the Universal Basic Income Guarantee to free us from the chains of work, stress and poverty, and to liberate the creative impulses of man. We also hear from conservatives like Charles Murray, who stress that welfare cliffs under the current system create a poverty trap, where by earning more people will take home less, creating a permanent disincentive to work which the UBI would partially solve.

There is a contingent of libertarians who also hold the view that the UBI is better than the current system. They highlight the fact that bureaucratic costs will be lower and, theoretically, many public sector workers could be axed from welfare departments — reducing the overall size of the state. Government outgoings on law enforcement could be reduced, if the UBI leads to a drop in poverty-driven crime. And, if people are already receiving the basic means of survival, we can cut regulations around hiring and firing people and labor laws, since workers, faced with poor conditions, will have the f-you money to walk away from them. What’s more, if people can shop around for services currently provided by the government then some programs can be cut into the bargain.

Ultimately, since people would be given their basic income directly to spend as they please, it would preserve the market economy relative to more intrusive forms of government assistance or central planning, where officeholders and bureaucrats attempt to organize production “on behalf of the poor” (or “the workers” or “the people”) leading to a disastrous misallocation of resources and authoritarian dictatorship.

At least that’s what the pro-UBI libertarians claim…

One: Even if the UBI will allow us to replace all sorts of systems and reduce the size of government, that will not be the end of the story. UBI will inevitably grow arms and legs.

After the UBI is instituted, it will only be a matter of time until we hear this group or that group should be earning an even higher basic income. “I am disabled, I should have a higher basic income, some may say. Or other may object “All my relatives live in a more expensive city, so I need a higher basic income.” And so on. Then people will advocate for a higher UBI for the elderly, disabled, people who live in areas where the rents and costs of living are high, or where they have to travel long distances to work, and so on. Ad infinitum

Two: Perhaps the scariest aspect of it all is that in most cases when the government creates handouts, there is always a group that stands to benefit and another that stands to lose. With the Universal Basic Income it seems on the face of it that there is no “out” group. Everyone is in on the action.

But that’s not really the case.

The state, policymakers, and government employees will benefit relative to everyone else.

After all, the UBI legitimizes government and brings everyone into a system which they could otherwise often ignore. The state is provider, and each of us becomes its ward…

Three: The UBI will not get rid of those who constantly call for ever higher levels of social benefits, and total  numbers of people who “need” UBI will not decline. This is because a UBI will not, and cannot, address the underlying causes of poverty and inequality — which is that poor people have low skills and no capital…

Four: With the UBI, the state is potentially handing out a large sum of money each month to people who may spend it to ruin their own health, or destroy their lives. Individuals with substance addictions, gambling problems or bad spending habits which get them in trouble. People who are addicted to computer games or Facebook might benefit from getting out to work in a bar or cafe and mingling with the public for some occupational therapy. But the UBI will allow them to isolate themselves further. Thus, in many cases with the UBI, payments may not actually be helping people. Recipients lives could be made worse by payments.

It takes a pretty callous person to say, “Well, it’s their life, they’ve got a right to ruin it. Let them take out their UBI and spend it on hard drugs if they want to.” While it’s true people ought to be able to spend their own money as they see fit,  how they spend other people’s money is another matter…

 

 

 

 

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EconomicPolicyJournal.com: New York City Restaurant Jobs Are Collapsing in the Face of a Higher Minimum Wage

Posted by M. C. on May 18, 2019

Some tend to tip less when they know wages are up. Oops!

Another central planning success story.

https://www.economicpolicyjournal.com/2019/05/new-york-city-restaurant-jobs-are.html

The New York City minimum wage has been exploding:

….and restaurant jobs in the city have crashed.

In addition to the general minimum wage of $15.00 for large employers,  restaurant employers are required to pay servers and bartenders who generally get a lower hourly base pay but substantial tips, $10 an hour, a 16 percent jump from the previous $8.65 per hour mandate.

Is it any wonder the jobs are disappearing, with restaurants running with less staff?

RW

Be seeing you

https://christianfunnypictures.com/wp-content/uploads/2016/02/free-lunch-cartoon.gif

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EconomicPolicyJournal.com: Elizabeth Warren Goes Tax Crazy

Posted by M. C. on January 30, 2019

This is a remarkably aggressive tax proposal because of the annual nature of the tax and would severely reduce the wealth of those taxed in just a decade. It would destroy over 2.75 trillion dollars in capital investment in just 10 years, according to Warren’s own numbers. And would put those funds into the bureaucratic government machine that wastes money as all central planning money does.

http://www.economicpolicyjournal.com/2019/01/elizabeth-warren-goes-tax-crazy.html

RW 

Sen. Elizabeth Warren, D-Mass., has just proposed an annual “wealth tax” on the richest Americans.

Note well: This is not a tax on income. It is a tax on the wealth rich Americans have. This is big.

The new tax proposal from Warren, who recently announced her bid to challenge President Donald Trump in 2020, would apply to Americans with more than $50 million in assets.

It would be a tax of 2% per year on the wealth of anyone who’s wealth falls between $50 million and $1 billion. For those with wealth over a $1 billion, the tax would be 3%.

This is a remarkably aggressive tax proposal because of the annual nature of the tax and would severely reduce the wealth of those taxed in just a decade. It would destroy over 2.75 trillion dollars in capital investment in just 10 years, according to Warren’s own numbers. And would put those funds into the bureaucratic government machine that wastes money as all central planning money does…

Be seeing you

Faux

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Watch: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

Posted by M. C. on November 27, 2018

Dead as the Volt battery supplier in which Obama sunk hundreds of your million$.

Central Planning.

Proving once again that it does not work.

https://www.breitbart.com/economy/2018/11/26/watch-six-years-ago-obama-promised-to-buy-a-chevy-volt-now-it-is-dead/

by John Carney

“I got to get inside a brand-new Chevy Volt fresh off the line,” Obama announced to a cheering crowd of United Auto Workers activists. “Even though Secret Service wouldn’t let me drive it. But I liked sitting in it. It was nice. I’ll bet it drives real good. And five years from now when I’m not president anymore, I’ll buy one and drive it myself.”

Now it looks like Obama will not get his chance to make good on the promise. General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.

The Volt and the Cruze were two of the signature achievements of the partnership between the Obama administration and General Motors following the auto-industry bailout. Although the Volt was long-planned by GM executives, it received a lot of support from the administration. Obama described the Cruze as “the car of the future.”… Read the rest of this entry »

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Hitler’s Economics – LewRockwell

Posted by M. C. on October 29, 2018

Perhaps the worst part of these policies is that they are inconceivable without a leviathan state, exactly as Keynes said. A government big enough and powerful enough to manipulate aggregate demand is big and powerful enough to violate people’s civil liberties and attack their rights in every other way.

https://www.lewrockwell.com/2018/10/lew-rockwell/hitlers-economics/

By 

[Originally published August 02, 2003.]

For today’s generation, Hitler is the most hated man in history, and his regime the archetype of political evil. This view does not extend to his economic policies, however. Far from it. They are embraced by governments all around the world. The Glenview State Bank of Chicago, for example, recently praised Hitler’s economics in its monthly newsletter. In doing so, the bank discovered the hazards of praising Keynesian policies in the wrong context.

The issue of the newsletter (July 2003) is not online, but the content can be discerned via the letter of protest from the Anti-Defamation League. “Regardless of the economic arguments” the letter said, “Hitler’s economic policies cannot be divorced from his great policies of virulent anti-Semitism, racism and genocide.… Analyzing his actions through any other lens severely misses the point.”

The same could be said about all forms of central planning. It is wrong to attempt to examine the economic policies of any leviathan state apart from the political violence that characterizes all central planning, whether in Germany, the Soviet Union, or the United States. The controversy highlights the ways in which the connection between violence and central planning is still not understood, not even by the ADL. The tendency of economists to admire Hitler’s economic program is a case in point. Read the rest of this entry »

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To Save Humanity, Stop Caring About So Many Problems | The Daily Bell

Posted by M. C. on October 14, 2018

https://www.thedailybell.com/all-articles/news-analysis/to-save-humanity-stop-caring-about-so-many-problems/

Why does it suck to be around someone who is always complaining?

Because they are “centralizing” their problems to the group.

We all get annoyed by things. But when people broadcast what annoys them, they force everyone around them to share in their annoyance.

So then, not only do we feel annoyed by whatever naturally irks us, but we also are forced to feel annoyed by the other person’s complaints.

By sharing their complaint with others, they have increased the overall annoyance of the group.

Instead of being annoyed for five minutes by my own problems, I am annoyed for ten minutes. Five minutes by the complaints I keep in my head, and five minutes by their complaints they force into my ears.

There are a lot of problems in the world. You can’t care about all of them.

And if you try, you will probably feel overwhelmed, depressed, and powerless.

Yet we rely on big centralized institutions like national media, national politics, and national monetary policy.

This produces the same result as our complaining acquaintances.

They force problems on all of us that really shouldn’t affect 320 million Americans from coast to coast. Read the rest of this entry »

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EconomicPolicyJournal.com: A Call At Harvard For a Socialist Future

Posted by M. C. on October 4, 2018

It can be expensive turning your child into the next Marx.

http://www.economicpolicyjournal.com/2018/10/a-call-at-harvard-for-socialist-future.html#more

Henry N. Brooks ’19 writes in the Harvard Crimson:

I’ve been seeing signs outside Canaday, Sever, and the Science Center advertising a “socialist future,” and I have to say I’m not entirely opposed — provided we’re talking about the same socialism.


OOh my, they obviously don’t teach at Harvard that central planning is a problem in any sector or at any level, federal, state or local.

What this means is that Brooks does not get the fundamental problem with central planning is that it suffocates an economy at whichever level it is practiced.

Hayek’s observation of central planning as a fatal conceit does not stop at the federal level nor does it stop if it is based on “direct democracy.”

I wonder if he wants the internet centrally planned at the local level.

RW

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The Most Ridiculous Argument Ever – LewRockwell

Posted by M. C. on September 26, 2018

It is in fact protectionists who are Marxists.

https://www.lewrockwell.com/2018/09/laurence-m-vance/the-most-ridiculous-argument-ever-against-free-trade/

By 

In the age of Trump’s protectionism, economic nationalism, and ignorance and incoherence on trade, some conservatives have begun to go beyond legitimate criticisms of government-managed trade agreements and the World Trade Organization (WTO) and attack free trade itself.

The most ridiculous of their arguments against free trade is a classic guilt by association argument: Karl Marx believed in free trade. This is the most ridiculous argument ever against free trade.

Marx said he favored free trade because “it breaks up old nationalities and carries antagonism of proletariat and bourgeoisie to the uttermost point.” But “certainly it would be unfair to tar the bulk of free-traders with Marxism.” Then why do it? Did Marx favor free trade because he was a capitalist? Did Marx favor free trade because he was a libertarian? Did Marx favor free trade because he believed in the free market? Did Marx favor free trade because he was a disciple of Adam Smith and David Ricardo? Did Marx favor free trade because he believed in free enterprise? Did Marx favor free trade because he believed in freedom? Did Marx favor free trade because he was opposed to government intervention in the economy? Did Marx favor free trade because he believed in the benefits of competition?

Of course not… Read the rest of this entry »

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The Ron Paul Institute for Peace and Prosperity : Attack Venezuela? Trump Can’t be Serious!

Posted by M. C. on August 15, 2017

The CIA, again, still.

http://ronpaulinstitute.org/archives/featured-articles/2017/august/14/attack-venezuela-trump-cant-be-serious/

The current unrest in Venezuela is related to the economic shortcomings of that country’s centrally-planned economy. The 20th century has shown us very clearly that state control over an economy leads to mismanagement, mal-investment, massive shortages, and finally economic collapse. That is why those of us who advocate free market economics constantly warn that US government intervention in our own economy is leading us toward a similar financial crisis.


Read the rest of this entry »

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