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  • R. Craigen 3 years ago

    These videos are brilliant and absolutely timely. (Well, almost. It would have been nice to have these widely distributed about a year ago, prior to the recent election.)

    It is good for you to talk about things in principle as you are doing — but this approach is fundamentally limited because people can grasp a principle without seeing where it is applied. That, after all, is why you don’t start with stating axioms — you start with a pencil.

    The pencil as a case-in-point is excellent for establishing the principles, but it leaves aside whether or not anyone can apply these principles to specific matters of life and public policy. You must, therefore, at some point in the series, address historical situations in which the free market has been allowed to flourish, and the damage done by otherwise well-meaning “tinkering” up to and including the eventual spectacular failure of all socialist systems that have been tried. I eagerly anticipate your analysis on these, spoken of course with the same clarity as you have shown thus far.

    You must also hit on analysis of things which some conflate with free enterprise though they pull in the opposite direction.

    Obama’s “You didn’t build that” meme, for example, sounds temptingly like your point that people require interconnection with others to accomplish these great things. You must peel this apart and show why the Obama meme is actually the opposite: He’s talking about central organization while attempting to piggyback on the language of interconnectedness. It is necessary to expose this fraudulent abuse of the concept.

    Another obvious imposter is crony capitalism, or cronyism in general. Some concrete examples and straightforward analysis would go a long way to exposing this. A related, but perhaps distinct, thing to analyse is what is sometimes called “rent seeking” — it is like crony capitalism turned upside down, in which the crony owns the power and manipulates legislation or legal structures to benefit oneself.

    Finally, the citizen should have a map from these ideas to the issues of today. The series should end with examples from contemporary policy discourse that illustrate which policy is in line with the principles of a free market and which stand to undermine it. At this or an earlier point one has to consider how there is little distinction between tinkering in the free market and coercively micromanaging individual lives. An excellent example of this is the now-infamous Michelle Obama initiative to dictate the terms of school lunches. It comprises not only an interference in a free and otherwise healthy market, but a tyrannic imposition on the lives and personal choices of a free citizenry. People must come away understanding that you are talking not merely about matters of convenience or preference for a system that works better versus worse, but about moral choices and things that may harm citizens and strip them of their natural liberties.

    Keep up the good work.

  • Dan Morris 2 years ago

    Brilliant! Too bad we can’t tie Obama down and force him to watch this video at least 100 times. ObamaCare is the perfect example of the predictable failure of the, “Masterminds”. High school students should have to watch this and write a 500 word essay on the meaning of this simple movie and essay. Actually, all teacher’s should have to go back for a special session and read and watch, I, Pencil. I hope I’m not acting like a mastermaind with these dictates, but how else can we fight the brainwashed masses that believe in the failed Soviet model for the future of America.

    I do agree with the previous comment by R. Craigen about addressing historical examples and what better example than a video of the empty shelves in grocery stores offering moldy bread and 3 soft potatoes under the Soviets and the flourishing free market of America and it’s cornucopia of options.
    image above: If Obama ran the US Food Distribution system.
    Another thing that we must try to constantly avoid is the Marxist term for the free market, “Capitalism”. We must excise this term from our vocabulary and relegate it to the faculty lounges of the university. We must re-capture the language. The Marxists knew how important this was for their success in America and we must fight them on a level playing field.

    Keep up your good work on this site.