Don't Cave!
by
Llewellyn H. Rockwell, Jr.
by Llewellyn H. Rockwell, Jr.
DIGG THIS
If you write
and follow politics enough, you eventually realize that most evil
in this world is brought about by those seeking a lesser of two
evils. And those who assist in this very much resent it when you
point out that they are promoting evil.
My inbox has
been inundated in recent days with people who think along these
lines. Consider the Detroit bailout for example. Now, this idea
is preposterous on the face of it. One of the glorious aspects of
this recession is that it will finally deal the crippling blow to
this industry that has been a decades-long drag on American productivity.
Wicked unions
have thoroughly looted the capital stock of these companies, and
the workers themselves are wholly focused on their own well-being
rather than that of the company and the consumer. The management
is deeply embedded in the regulatory structure of the state, working
to effectively turn the American car industry into a public-private
partnership of the sort Mussolini would applaud.
You don't have
to be a technician to know that foreign makers – whether building
abroad or residing in the United States – make a superior car at
a better price, no matter how much the "Big 3" waste on hopped-up
advertising campaigns. In fact, we should welcome their complete
bankruptcy. Maybe they can regroup or maybe they can't. That's for
the market to decide.
In the meantime,
not cranking out these endless cars would be a welcome relief, freeing
up labor and capital for more economically useful purposes.
To bail them
out with tax dollars is an amazing insult to American consumers.
What Americans have chosen not to buy, the government is now effectively
forcing them to buy. You want a Toyota and paid for it with your
money but your government is now saying that you should have bought
a Pontiac, so it is tapping into your bank account to make it happen
– and then not even giving you a car for your money!
But let's return
to the problem of those who have caved in. I'm getting messages
from people who believe in free markets saying that we have to do
this bailout anyway, otherwise we will face worse consequences.
The unions will strike back. There will be massive protectionism
to prop up the industry. Free market people will get a bad name
for not supporting the little guy. Our industrial base will further
erode. Unemployment will soar and then the masses will riot and
we'll get Bolshevism. And so on.
Dick Cheney
himself is reported to have gone around to Republican senators to
tell them to pass the bailout, even if they disagree. Otherwise,
they would be like Hoover, not having done anything about the depression.
Leaving aside his stupid historical point (Hoover did plenty, all
of it wrong), it is never right to do evil that good may come of
it.
I grant that
all the predicted results of failing to pass it would be bad. They
might even be worse than a bailout, who is to say? But these are
speculations about the future. What we face right now is a terrible
evil of a bailout, and great good comes from its failure to pass.
What's more, if free market people can't bring themselves to oppose
that, what good are they anyway?
People who
think along these lines imagine that they personally can control
the political process in clever ways, giving a bit here to get more
later on. I actually heard these same arguments about the first
round of bailouts back in September: we'd better support this now
or else it will be worse later.
What is striking
about these arguments is how tyrants always use them. Hillary Clinton
used to claim that we either pay for her health care program now
or pay more later. FDR said we need to support the New Deal now,
or else face full-scale socialism later. Actually Hitler was the
same way. He justified his entire program on the idea that only
National Socialism could stop Bolshevism.
If
a dystopian nightmare of the totalitarian state finally arrives
in the United States, it will be a result of a compromise, and there
will be people around until the very end who will insist that we
should be grateful because it could be much worse.
This kind of
strategizing also works as a cover for selling your soul. The temptation
to do this is very great indeed. The state loves nothing more than
a seeming libertarian who weighs in from time to time with a pro-state
position. This allows the state and its minions to justify their
oppression even from the standpoint of libertarian intellectuals.
When you sell out, this is the role you are playing (and this is
the role that some D.C. organizations have been appointed to play).
There is only
one sure way that you can know that you are on the right side of
history, and that is by saying what is true and defending what is
right, without exception. It is not left to intellectuals to play
political games. Intellectuals are supposed to tell the truth, regardless
of the moment. That means, in these days, completely opposing all
increases in state power under the cover of "countercyclical policy."
Let evil people
take responsibility for their evil policies. Those who know better
should stick to the right and true.
December
13, 2008
Llewellyn
H. Rockwell, Jr. [send him
mail] is founder and president of the Ludwig
von Mises Institute in Auburn, Alabama, editor of LewRockwell.com,
and author of Speaking
of Liberty.
Copyright
© 2008 LewRockwell.com
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