God is a Capitalist

Friday, January 17, 2020

Did Mises Become A Christian?

Having grown up as a Jew in Poland then Vienna at the turn of the last century, Ludwig von Mises, the greatest economist of the 20th century, had every reason to hate Christianity because they had murdered Jews for centuries. But worse for Mises, Christian intellectuals promoted socialism as Godly economics. Mises saw no way to reconcile economics and Christianity, as he wrote in his book Socialism: An Economic and Social Analysis, published in 1922:
The Gospels are not socialistic and not communistic. They are, as we have seen, indifferent to all social questions on the one hand, full of resentment against all property and against all owners on the other. So it is that Christian doctrine, once separated from the context in which Christ preached it—expectation of the imminent
Kingdom of God—can be extremely destructive. Never and nowhere can a system of social ethics embracing social co-operation be built up on a doctrine which prohibits any concern for sustenance and work, while it expresses fierce resentment against the rich, preaches hatred of the family, and advocates voluntary castration…
[Our] evidence leads to the negation of the question asked above: whether it might not be possible to reconcile Christianity with a free social order based on private ownership in the means of production. A living Christianity cannot exist side by side with, and within, Capitalism.

Saturday, December 14, 2019

Tucker Carlson Thinks Business people Are Destroying America

Source: AP Photo/Richard Drew

Fox News’ Tucker Carlson thinks business people are destroying America. He sees the evidence everywhere:
If you’ve spent any time driving around America recently, you may have noticed that an awful lot of the country seems to have shriveled up and died. Take a trip on route two in Maine some time and count the boarded-up paper mills and abandoned houses. Or head down route 23 in Michigan or Ohio and consider the empty factories ringed with barbed wire. Outside the coastal cities, scenes like this are everywhere. Shuttered car dealerships, next to defunct restaurants, across the street from thrift stores and methadone clinics. Community after community, desiccated. Empty husks, with nothing left. Huge swaths of the United States look like this now. What happened?

Democrats Want To Destroy Our Consumer-Planned Economy

Source: AP Photo/Wilfredo Lee

Marx considered profits to be theft by capitalists from their workers. He believed labor alone creates value so workers should get all the profits from their labor and the capitalists should get none. His mind was too weak to grasp the idea that capital is stored labor.

The Democrat party hates profits, too. At least seven Democrat presidential candidates have proposed raising the corporate income tax rate and if the American people would let them, the party would tax away all profits. Non-profits are saintly in their fevered imagination; for-profit companies are the spawn of Satan.

Friday, November 22, 2019

Rubio Needs To Choose Christianity Over Statism

Source: AP Photo/Jacquelyn Martin

At the Federal Trade Commission Building in Washington, D.C. are two large statues titled “Man Controlling Trade.” They were commissioned in the late 1930’s near the height of America’s love affair with socialism and depict muscular men controlling the powerful draft horses of the market for the “common good.”

The myth that the state can control the market and make it produce what bureaucrats want and reward those whom bureaucrats deem worthy is ancient and harder to kill than zombies. Even in the 1930s intelligent people understood that free markets create wealth (reduce poverty) in almost miraculous ways. Marx admitted as much. But markets don’t make everyone equally wealthy, as the envious demand, and they don’t create the utopias of socialist fantasies. Of course, neither does socialism.

So, many people dream of harnessing the wealth generating power of markets to the socialist’s fantasies and having their Kate and Edith, too. The problem is that the power of the market lies in its being free, much as Samson’s strength was in his hair. Markets have always existed. Even the USSR had them. They have rarely been free. Freedom empowered existing markets in China to lift half a billion people from starvation poverty in a single generation.

African-Americans Are Among The Richest People On The Planet

Source: AP Photo/David Goldman

According to the New York Times, living in the US is awful! Binyamin Appelbaum, a member of The New York Times Editorial Board and the author of the forthcoming The Economists’ Hour: False Prophets, Free Markets and the Fracture of Society, wrote that.
Life expectancy declined for the poorest 20 percent of Americans. Shockingly, the difference in average life expectancy between poor and wealthy women widened from 3.9 years to 13.6 years.
Rising inequality also is straining the health of liberal democracy. The idea of “we the people” is fading because, in this era of yawning inequality, there is less we share in common.

Political Power Is The Ring That Should Be Destroyed

Source: U.S. Geological Survey via AP

As the US plunges into another festival of foolishness, also known as the campaign to choose the next president, we should pause to consider what we’re doing. We have created a political position in which the person in the seat exercises enormous power over the lives of millions beneath them, power very much like that of the ring in Tolkien’s The Lord of the Rings.

Tolkien wrote in a letter, “The Lord of the Rings is of course a fundamentally religious and Catholic work.” And he offered the world brilliant political wisdom in his masterpiece. Sauron the Dark Lord created the ring to achieve dominion over Middle-earth. Several of the characters believe that they can use the power of the ring for great good. Tolkien proves them wrong. The only solution to the problem of the Ring, and the salvation of Middle-earth, is to destroy its power in the fires of Mordor.

But Americans think we know better. We just need to put the right person in the seat of power and they will wield it for the benefit of all. Maybe. George Washington did it well, but the list of rulers in history with Washington’s character is short. A much greater number have been evil.

Wednesday, September 18, 2019

The Scandal Of Christian Socialism

The Scandal Of Christian Socialism
This year marks the 25th anniversary of Mark Noll’s book The Scandal of the Evangelical Mind. Christianity Today magazine called it the most influential book of the decade in 2004. The next year Time magazine listed Noll among the top 25 most influential evangelicals. The problem, Noll wrote, “... is that there is not much of an evangelical mind.”

But the real scandal of the evangelical mind is the left’s phobia of economics and Noll offers evidence. In his 1994 book he wrote, “Increasingly throughout the period before the Civil War, evangelicals came to assume the God-given character of liberal political economy... this was done without a great deal of thought.”

But Noll was wrong. Paul Heyne wrote in “Are Economists Basically Immoral?” and Other Essays on Economics, Ethics, and Religion,
continue at Townhall Finance