Capitalism and Love

As an attendee at the recent Mises Institute Supporters' Summit on Radical Scholarship, I was treated to a wonderful talk by Lew Rockwell which began with this intriguing opening, "You can learn so much about human nature, the workings of society, and the functioning of markets by looking at the aftermath of a natural disaster. It is a fascinating laboratory for observing how society functions under the worst conditions." Before the Summit was over, I was able to prove that this was also true of personal disasters as well.

Well, not really a disaster, but at least a major disappointment. Let me explain. When it comes to clothes, I am the anti-Tucker. You may remember Jeff Tucker's article from a few months ago about how to dress like a man. Well, I live by all the opposite rules. My sense of style is what John Madden calls "FIDO," which stands for, "Forget It and Drive On." I'm 5’10", 320 pounds, and there just doesn't seem to be any point. Fifteen years ago, I stopped wearing ties to work several months before my company instituted Casual Friday. No one talks about Casual Friday anymore, because it's Casual Everyday. (We never see our customers, so no harm done.) Some people wear a tie every day and go to church on Easter and Christmas. I go to church every week but wear a tie on Easter and Christmas.

I do own a tuxedo. It's the only formal wear I can be comfortable in, and go figure. I needed to own one because I have been a choral singer with the Napa Symphony Chorus and the Napa Valley Chorale. I hadn't done that in a while, but the last time I put my tux on, it seemed to fit pretty well. I decided I’d pack it for the Summit, and didn't bother to try it on; it hadn't been that long ago, and I couldn't have changed shape that much.

Oh, yes it had and yes I could. Two hours before the formal, black tie optional, dinner in honor of Hans F. Sennholz, the wind-up of the busy and wonderful weekend, I was finding out that I wasn't going to get that trouser zipper closed even if I yanked on it with a vise grip. I couldn't wear a tuxedo shirt with Dockers (even I follow some rules), and I couldn't show up wearing the polo shirt that still had gravy spots on it from lunch at Bay Meadows Racetrack (FIDO again). I didn't want to miss the dinner; it was paid for, and I wasn't going to be comforted by the doctrine of sunken costs. Only private enterprise could save me.

It was 6:30pm, an hour and a half to go. I found a Men's Wearhouse. You've heard their commercials – George Zimmer, "I guarantee it," and the testimonies from satisfied customers. The lights were on, the door wasn't bolted, and the staff were inside. The store closed at 6, and there was a sign on it saying it was moving to a new location. I figured, "I better put this in a way they can't turn me down." I opened the door and said, "I really need your help. I have to be at a formal dinner in an hour and a half and my tux doesn't fit. I have to get a sports shirt and a tie and maybe even a jacket. This is the kind of thing you can do a radio commercial about if you can help me."

There were about seven or eight staff in the store, but they were there to strip their shelves and their racks, and pack everything up in preparation for the move to the new store. That sign out front wasn't for some vague time in the future, it was for today.

Over the next hour, Joe Lewis ("You and I are both named for famous people," he told me – I told him I'm a better singer than the lead for Journey, but he looked like he could handle himself in the ring, too) helped me pick out a nice jacket, shirt, and tie. Actually, he didn't help me do it, he did it for me, because I'm hopeless at that sort of thing (FIDO again). And my wife made sure my tie choice was not too eccentric. Then he fired up the steam iron in the back, which took fifteen minutes, and pressed the wrinkles out of the shirt. In the meantime, I'm trying to stay out of everyone's way, and the store manager, Wayne, came over and talked with me for a nice while and made me feel quite at home. I couldn't have been made more welcome, even though the store was closed and they all had a lot of genuinely hard work to do.

Of course I told them what I was doing down in San Mateo, and all about Lew's talk the previous night. I wanted them to know they were the object lesson, the very people the Mises Institute is fighting for. Adam Smith famously said that it was not benevolence that causes the breadmaker and the shoemaker to provide us with what we need, and he's right. But what the critics of capitalism never realize, and the defenders do not point out enough, is that the effort to serve the customer creates a habit of benevolence. What the critics don't understand is that one sale is not enough. The good businessman wants you to come back. He wants to take responsibility for your future needs. Of course he knows the rewards are greater this way, but he still can't accomplish it without, dare I say it? – love.

October 19, 2004