We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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Peretti is no stranger to bizarre theories. His recent offerings for the BBC have included The Men Who Made Us Fat and The Men Who Made Us Spend. Personal responsibility doesn’t seem to be on his ideological radar. This is fine, but we should expect more from a public broadcaster than to repeat theories nobody subscribes to, particularly when we are forced to pay for the privilege.
When they denounce “trickle-down economics”, Peretti and the figures above project their own world view. For many of them, it is spending that matters to an economy – and they disagree that the rich having more money to spend is as beneficial as others having it following redistribution.
Yet free marketeers don’t believe in low taxes because of their effect on spending. They believe in low taxes because they provide a strong incentive to earn more income in the first place. And the best way to earn more in a competitive, dynamic, market economy is to provide goods and services people want. Low taxes can therefore engender the sorts of entrepreneurial activity that enrich our lives through better and cheaper products – the productivity improvements we recognise as economic growth.
– Ryan Bourne
Likewise, in terms of domestic European politics, giving in to far-left Syriza would certainly strengthen economic illiterates in popular anti-euro parties like Italy’s Five-Star Movement, and Spain’s Podemos, the last thing Merkel desires. The euro itself hasn’t been particularly troubled by the crisis, with Italian and French bond yields holding steady. Surely, as some have reported, Merkel is right to think that now is the time to sever the weakest link.
– John Hulsman
I LOL’ed.
Close, but no cigar this time. Bodes well for the future tho.
– Elon Musk
Expect more half-hearted bleating that this has nothing to do with Islam, but in any case even if it did, Islam is a religion of peace along with weasel words about “responsibility” to the effect that the magazine should not have “inflamed passions”. Simultaneously, expect a huge PR drive – supported by various lefty idiots – from Muslim groups who make it all about them, how they feel, and how they are now scared of a backlash before the bodies have even cooled. This is precisely what we saw in Australia a few weeks ago, and I don’t expect much from European politicians.
– Tim Newman commenting here.
Unfortunately, the Portman Group is a gloomy gaggle of killjoy jobsworths, funded by navel-gazing international drinks giants
– Brewdog
Big Bang transformed the City for the better, as I hoped at the time. It broke up the cosy cartel of the old stockbrokers and jobbers, introduced competition into commissions which made share buying and selling so much cheaper, allowed in many foreign banks and brokers with extra capital, new business and job opportunities, and allowed UK institutions to raise serious amounts of new money to operate on a world scale.
It built one of the dominant financial service and banking sectors of the world. The City expanded from the narrow Square Mile around the Bank of England, to encompass Aldgate, Liverpool Street, the Finsbury area , parts of Mayfair, St Paul’s and parts of docklands. Today we earn £60 billion from our financial and business service exports, and have a group of companies and service industries that the world envies. Without Big Bang none of that would have happened, and the UK would be a lot poorer. Instead of blaming Big Bang for financial scandals, people should remember there were scandals before Big Bang, and remember above all that it was Mr Brown’s regulators who helped bring on the crash they were meant to prevent.
– John Redwood
I think Big Bang did bad things (speeding up the mess of fiat money) as well as good (doing lots of business in London). The more Austrianist you are, the earlier you will think the rot set in. Nixon takes Dollar off Gold Standard in 1971? Founding of the Fed? Founding of the Bank of England? But Redwood is right that Gordon Brown certainly didn’t help avert the crisis we are now stuck in, even if him keeping Britain out of the Euro may prove to be his most significant decision in the long run.
Remember, just because one of us here selects something as an SQotD doesn’t mean we necessarily agree. We are merely noticing that something significant, and usually true-ish, has been forcefully put.
So my New Year message is this. Be less political. Stop caring.
– From NickM’s message for 2015.
If the world that NickM and I, and probably you, want is to happen, some of us probably do have to be very political. But I, and probably you, will know just what he means, particularly if we read the whole thing.
If someone has “Ambassador” in their job title, address them as “Your Excellency”. That’ll stop it.
– Guy Herbert, in response to this.
Life in New Malden is just unimaginably better than in that in North Korea
– North Korean defector Kim Joo-il, stating the obvious from (where else) suburban London.
Douglas Murray argues that in today’s supposedly anti-politics culture, a distrust of the current crop of folk in power does not translate into genuine liberalism and accountability – such as would happen if Whitehall and Brussells were cut down to size – but something potentially very nasty indeed. And he takes a look at the likes of Owen Jones and Russell Brand as symptoms of a wider problem:
Writing about those rioters who in the summer of 2011 smashed, burned and looted shops across Britain, Brand writes that their actions were no worse than the consumerism which he describes as having been “imposed” upon them. And this, I cannot help thinking, is an especially revealing phrase — entirely at one with a popular world view. That view sees “us” as poor victims of forces and temptations which are not only pushed upon us, but to which, when they are pushed upon us long enough, we will inevitably and necessarily succumb. If you are in a “consumerist” society long enough how could you be expected to just not buy crap you can’t afford when you don’t need it? No — the answer must be that of course you will succumb. And from there any bad behaviour — even looting and burning — will be excused because it will be someone else’s fault.
This is the world view of an addict. And the answer to all our society’s problems of the addict Brand is one answer which some addicts seek for their addiction — which is that everyone is to be blamed for their failings except themselves. Grand conspiracy theories and establishment plots offer great promise and comfort to such people. They suggest that when we fail or when we fall we do so never because of any conceivable failing or inability of our own, but because some bastard — any bastard — made us do it, has been planning to do it and perhaps always intended to do so. Of course the one thing missing in all this — the one thing that doesn’t appear in either of these books or in any of their conspiratorial and confused demagogic world view — is the only thing which has saved anyone in the past and the only thing which will save anybody in the future: not perfect societies, perfectly engineered economies and perfectly equal, flattened-out collective-based societies, but human agency alone.
This analysis is spot-on, and it explains why, even though concepts such as “the ruling class” or “establishment” can have some sort of value in explaining how groups of people act and think, they can become very dangerous without understanding that people respond to incentives, and that we make a mistake in seeing events as being driven by close-knit cabals or groups wielding enormous, but somehow secret, power. In other words, what I have learned from subjects such as “public choice economics” or the insights of writers such as Milton Friedman or a Henry Hazlitt is that seeing dark forces at work to explain things like bank crises or environmental problems is more about what people find emotionally satisfying than what actually happens 99 per cent of the time.
Although I should not have to spell it out, in the past, a lot of the sort of thinking that is being described here took the form of anti-semitism. And it is probably no great accident that this is also on the rise at the moment.
To people saying “pulling The Interview means the terrorists won”: we’ve been taking our shoes off at airports for no reason for 14 years…
– @ozchrisrock (Not the real Mr Rock, but as quotable.)
It was slightly quicker to go from London to New York 55 years ago on a de Havilland Comet, including the refuelling stop in the middle, than to go direct on a modern airliner and take in the two security theatre performances at either end.
We are in the midst of a war on rape. From American campuses to British courthouses, from newspaper op-ed pages to the weird world of online petitions, ‘zero tolerance’ of rape has been declared. And who could possibly be against it? No one is ‘pro-rape’. So surely everyone will cheer a war on rape. Not so fast. Wars on rape have been declared before, and often for deeply reactionary reasons, having the effect of harming society rather than helping women. Consider the ‘war on rape’ declared in America’s Deep South in the nineteenth and early twentieth centuries, when the KKK and other racists likewise declared zero tolerance of rape – rape committed by black men, that is – and signalled their determination to wipe out this ‘ultimate transgression’. There was little positive in that crusade. And here are five ways in which today’s non-racist feministic ‘war on rape’ echoes the lynch-mob logic of yesteryear’s racist ‘war on rape’
– Brendan O’Neill
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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