We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Kimball discusses a topic on which I am often hammering here: the topic of wealth creation. Liberals and Lefties often talk about money as if it grew on trees, and talk about themselves as if they were being generous by taking it and spending it.
The Boris Johnson piece which prompted Kimball's post is here. One quote from it:
I want to hear politicians talk less about themselves and their priorities and more about the entrepreneurs, the people who get up at 5am to organise their business or cut deals with the other side of the world. Every time you hear politicians swanking about what they are going to do with public funds, remember that wealth was ultimately created by private enterprise; and, if they don't help the wealth creators, they won't have any money to spend.
And from Kimball's piece:
Mr. Johnson has tailored his comments to the situation in London. But they apply equally to the United States. One of the many blighting effects of socialism is the distorted view of economics it disseminates. Economics is not primarily about the distribution of wealth. Rather, it is about the creation of wealth. That is the conditio sine qua non of the whole game. That is why capitalism is superior to every other economic arrangement yet contrived: given its head, it is a far more efficient engine for the creation of wealth than all its competitors. Remember this the next time you hear "politicians swanking about what they are going to do with public funds": the money they are planning to distribute "was ultimately created by private enterprise; and, if they don't help the wealth creators, they won't have any money to spend."
I have never understood why Lefties and Liberals disparage business. Without business, they would be nowhere. Business is the engine that makes everything work, and entrepreneurs, inventors, businessmen, financiers and investors run the engine for us. We should be grateful to them because, without those guys, we'd all be out of work.
I believe part of the problem is not knowing the difference between money and wealth. Many people think they are one and the same.
I'd suggest a post explaining the difference but I doubt it would make any difference. It's as though some people have a mental problem and refuse to see.
"I have never understood why Lefties and Liberals disparage business"...one primary reason is status anxiety. Many "progressives" are in fact people who are very, very concerned about social status, and are dismayed that the careers they have chosen do not give them as much of it as they think they deserve. For example, consider someone with an advanced degree in a soft subject, working as an untenured professor if he is lucky and at Starbucks if he is not. His degree is central to his self-esteem, and the fact that a businessperson can become wealthy without having spent years in graduate school is a major threat to his self-esteem.
The Left also has a problem with shedding the idea that wealth is a 'zero-sum' game, meaning that in order for someone to become wealthy someone else had to become poor. That may have been true way back when wealth was defined by how much gold, silver, and jewels you had in your treasury, but not today.
There's no need to change the percentages in the pie chart in regards to wealth when wealth creation makes the entire pie bigger for everyone.