The crisis of capitalism is caused by ignorance of history

capitalism is

The photo is from The Powerhouse Museum which I took this afternoon where they are having an exhibition on protest. And it was in the museum cafe that I read Maurice Newman’s article on Malcolm Turnbull’s agile nation must avoid politics of envy. The article is about the kinds of thing that people in the second half of their lives are prone to understand, which are why the kinds of things they may have believed in the first half are so stupidly wrong. As he writes:

Why then, in this postmodern world, when we know that free enterprise has so spectacularly raised living standards and prolonged life for all, do we demonise it as uncaring, unfair and outdated?

Free market capitalism, like nature, may favour the resilient, the ambitious and the fleet of foot, but rather than celebrate self-interest and see wealth creation as a positive contribution to all society, we are conditioned by the Left, from school days on, to believe that social goals and the collectivist vision are more important than private choices; that without government intervention, most will be left behind.

This is our world. A top-down social-democratic state where elites are patronised, competition is controlled, where private initiative is stifled, free speech is abridged and where the electorate is increasingly state dependent. Here, big government colludes with big labour and big business to socialise losses at taxpayer expense.

Precious productive capital is wasted on school halls, pink batts, the National Broadband Network, futile subsidies and ordinary political aggrandisement. Loose fiscal and monetary policies give the rich relatively risk-free profits from speculative assets, while winner-take-all returns see a new breed of innovators and disrupters building tax- sheltered fortunes.

The media are filled with people who are the least likely to understand any of it but are most likely in a position to influence the rest of the community about the supposed evils of the market system. For those with few skills of an entrepreneurial nature, making their fortune as critics of the only society that has ever created wealth and freedom may give them a great sense of self-fulfilment and se;f-importance, but there are many societies that have been laid very low when people just like these have taken power. See Venezuela for a recent example.

A few scraps

A few things I have come across I find worth noting, each of which puts a different complexion on things. First this, with the strangest imaginable headline from the SMH, What Martin Parkinson can offer Malcolm Turnbull wherein I read:

Parkinson is the treasury secretary Abbott unfairly sacked against the wishes of his treasurer.

Who knew there was such a debate at the time? Joe’s idea of a fresh start was to keep Wayne’s Secretary of the Treasury, the one who had previously run the Department of Climate Change.

And then this, from Andrew Bolt re the 12,000 Christian refugees we are bringing to Australia:

Of the four families in the first wave of approvals, two were Sunni Muslim and two were Christian: Assyrian Christians from Mosul in Iraq, and Chaldean Catholics from Baghdad.

The people most endangered ought to be the ones we offer refuge to. Why not continue the policy that had already been put in place?

And finally, as we head to Paris, this is the latest news:

In Asia alone this year power companies are building more than 500 coal-fired plants, with at least a thousand more on planning boards.

You could shut down the whole Australian economy and it wouldn’t make a jot of difference to the carbon dioxide in the atmosphere. I should become like my Canadian friends who are visiting and who I met up with yesterday. They both carefully read the press, Canada’s national daily even, The Globe and Mail, and conscientiously watch the news, specially the CBC. Therefore, they did not know that global temperatures had not risen for nineteen years, had never heard the phrase “hide the decline” and thought the most damning thing they could tell me about Stephen Harper was that he forbade public servants from speaking at conferences without prior approval of their Department Head.

Fit young men not fleeing danger

Ron Liddle trying to reason with people on the left, that is, trying to reason with people whose heads are filled with cement. They are literally only able to emote about the poor suffering humanity, even if they are neither poor, suffering or, given the infiltration by ISIS, humane. Here are the key facts:

A largely Muslim charity recently reviewed the work its people had been doing to relieve the misery and squalor on the Sangatte refugee camp in Calais. A worker with the Human Relief Foundation visited the notorious ‘Jungle’ encampment and concluded, with some alarm, that 97 per cent were economic migrants rather than refugees. Further, they were almost exclusively fit young men who were not fleeing danger at all and were not in the least desperate.

An executive added: ‘I thought they had a valid reason [to be there]. They do not have a valid reason.’ The charity immediately curtailed its relief efforts. But present these facts to those who simply scream ‘Let them in!’ and ‘We must do more!’ and it makes not the slightest difference to their point of view; it washes over them without leaving so much as a trace.

And here is Liddle trying to reason with historian Simon Schama:

What I realised after that edition of Question Time is that the facts, the practicalities, the realities of the situation, do not matter one jot. There is a small minority of British opinion — the polls suggest that the overwhelming majority of the population, suburban scum that they are, do not wish to see more migrants entering the country — which is absolutely impervious to the facts which show that letting more people in the country will make things worse both for them and for us. And clearly anyone who doesn’t agree is unaware that the migrants are ‘human beings’ and is thus a borderline psychopath, as well as being suburban. And yet ask them for a course of action and none is forthcoming.

How do we crowds at the bottom of the pile make our elected representatives pay attention to our wishes? It cannot be done and we will endure the arrival of masses from the third world who do not speak our languages nor understand our culture.

And this comment at Tim Blair really does capture just how much danger there is where they are departing from:

Two women made less sense than Simon Schama – the first who argued that it was perfectly sensible for the young men to be the first wave, not realising her argument suggested it was safe for women and children to stay where they were and that the young men are clearly the beachhead for a much larger wave to follow.

The second loon justified England opening its borders as if it wasn’t for migration out of Africa 60,000 years ago “we wouldn’t be here”. That is all the reason she needs to open her arms to illegal economic migrants from goodness knows where. Odd really but it does sum up the leftist mindset.

The women in danger are where they are coming to, not where they are coming from.

[Via Tim Blair]

Lip-sync reading of the first presidential debates

FIRST THE DEMOCRATS

AND NOW THE REPUBLICANS

Of most interest may be that the Democrat Lip Sync attracted 2.5 million hits while the Republican has had more than 10 million. I’m not sure what it means, but it seems to mean at least superficially that Democrats like to laugh at others but don’t like to see themselves ridiculed.

Trump is not “fading” as the left seems to hope – he is getting better

I could just keep quoting Rush forever because each sentence makes you want to read the next. This is about the news-meme that Trump is supposedly fading. This is part of Rush’s take:

So I checked the e-mail during the break, and there was a fairly decent point. “Rush, you’re ripping into Jeb’s campaign people. But don’t you realize, if it weren’t for Trump, Jeb would probably be the guy with 20 points right now and this thing would be over?” Well, there that word is again: “If.” Yeah, well, “if” a lot of things, then things would be different. But that actually kind of buttresses my point. You say, “If it weren’t for Trump…” Well, it is for Trump. Trump is there. You’d better be able to adapt to it and you better be able to figure out why Trump is doing well.

And if the only ammo you’ve got with Trump is, “He’s gonna blow it, he’s gonna fade, he’s gonna step in it, he’s not gonna last, he doesn’t really mean it, he’s gonna get out,” and that’s all you can do, then you’re not doing your job. It’s not hard to explain Trump’s success. It’s really rather easy. That’s why when I see The Politico story, “The Incredible Shrinking Trump.” In their dreams. They haven’t the slightest idea what they’re talking about. “The Incredible Shrinking Trump — The usual blustery billionaire offered a downright demure performance at the third GOP debate.” . . .

If these hacks in the media were not Democrat Party activists, this story could just as easily be written as, “Donald Trump Shows More Maturity as Campaign Evolves.” But, no, because the Democrat media does not see Republicans and conservatives in any way anywhere near a favorable, fair, even almost human way. It’s not possible for them. Trump is a cartoon character to all of them, not just Harwood. He is a cartoon character to all of who they hate.

So Trump, who many people might say was behaving a little bit more serious. Less bombast, less personal assault and attack last night. They might say Trump is becoming more serious. Trump is becoming more mature, whatever. But, if you’re not inclined to note anything positive or synonymous with what you would say is growth in a human being or candidate, if all you can see is somebody’s a cartoon character and a buffoon, and if you think the Republican electorate is so stupid — which they do…

Remember, you people are a bunch of mind-numbed robots to the Drive-By Media. You are incapable of thinking on your own. Your public opinions are nothing but the result of whoever it is influencing you. Me, Fox News, whoever. You’re incapable of independent thought, critical thought, what have you. You put these two things together and Trump’s where he is precisely because he’s a cartoon character, and you people are so shallow and so dense that that’s what you want in a president.

The left assumes everyone else is like they are, that there is a single acceptable position on every issue and therefore once it is proclaimed there is no further thought required. That is not how it is on this side. That they are not embarrassed that Hillary will be their candidate come what may is as sure a sign of the decadence of the American left as there every has been. Why aren’t they embarrassed that not only is she out of her depth on every issue, but that no one else is being allowed to stand in her way even if there were anyone else who could.

A black ban on certain words

It is quite an astonishing thing how suddenly words we have been using all our lives become forbidden in polite company. And it does annoy me that for some reason I am generally clued in about what’s OK and what’s not. Although I may now have reached an age where either the message doesn’t get to me, or I cannot be bothered paying attention, or I just don’t care, I nevertheless find that I don’t break the rules, or not usually. And being aware of all of this, you won’t, for example, catch me using particular terminology to describe people of low mental abilities using any of those insensitive words from yesteryear. Nor will I use any of the terms from my youth about people who do not have the complete use of their limbs. And in this country, I am very careful to say “Aboriginals”, although I might still say Indians when I am talking about “Native Americans”, but that’s probably only because I don’t live there since they now too say “aboriginals”, and thus no longer distinguish between the ones that lived on the prairies and rode horses in comparison with those who lived north of the frost line and were pulled along on a dog sled. As for the Washington football team, it is hard to know whether it is even permissible to be one of its supporters – and now that I live here, I would never, ever say I r–t for the home team.

And so we come to Senator Abetz who described Mr Justice Clarence Thomas of the US Supreme Court as a “Negro” and has raised a ruckus among some of the most dreary people on the planet. They may disagree with everything that Justice Thomas says, but they will defend until the next change of official nomenclature the rightful moral turpitude that surrounds using this word in describing someone of Justice Thomas’s ancestry. I, of course, remember when it was suddenly unacceptable to say that word, which was replaced by “black”. And so, on those occasions I would need to refer to the racial origins of Louis Armstrong say, that would be the word I would use.

But now even that is out. In the US, it is now near-mandatory to say “African-American”. You can see Gerard Henderson wasn’t going to get caught out in the same way as Senator Abetz in discussing this very issue:

According to Craig Reucassel, the term “negro” is no longer used in civilised society with respect to negro music. Wrong — if anyone pays attention to David Marr. And, according to Julian Morrow, anyone who uses the term “negro” in contemporary discussion of African-Americans is a racist. Wrong. Unless the Chaser Boys regard your man Marr as a racist.

Of course it doesn’t make any difference what David Marr says to these people, since no one on the left wants to make cheap political points attacking him. Senator Abetz, on the other hand, that’s something different again. Political correctness is group think for people too dull-witted to think for themselves.

Global warming – that is, its absence – properly displayed

temperatures in fahrenheit

The diagram is from Steve Hayward at Powerline which he includes in a post he titles, The Only Global Warming Chart You Need From Now On. A tad over-optimistic about the AGW crowd actually paying attention to facts and data, but it really is quite an interesting perspective. He writes:

What if you display the same data with the axis starting not just from zero, but from the lower bound of the actual experienced temperature range of the earth? I had never thought of this until an acquaintance sent it along today.

A little hard to get worked up about this, isn’t it? In fact you can barely spot the warming. No wonder you need a college education to believe in the alarmist version of climate change. No wonder the data (click here for original NASA data if you want to replicate it yourself) is never displayed this way in any of the official climate reports.

If this chart were published on the front page of newspapers the climate change crusaders would be out of business instantly.

Alas, it is the people who decide what goes onto the front pages who are most enthralled by climate change. They won’t report anything that fosters a more judicious consideration of the facts because not only do they not believe any of this on principle, they are also unwilling even to discuss any of it in an open forum with those who actually could take them on – Ian Plimer say. For myself, I would prefer that there really were facts to go with the scare than that we should live at such a time when something as obviously untrue as this is so widely believed, and especially by those who are supposedly well educated and are, in theory, trained to take a more sceptical look at issues such as this.

I hit him when he hit me back

palestinian mourners

The headline’s in quotation marks because the activist-journalist at the SMH thinks this is a preposterous over-reaction: ‘The terrorist was shot and killed; that is the right response.’ The picture also comes with the story, with this text beneath it:

Palestinian mourners cry at the family house upon the arrival of the body of Amjad Jundi, 19, who was killed after stabbing a soldier on a bus in southern Israel. Photo: Nasser Nasser

The story is worth a read, however, since it is a more than usually one-eyed, one-sided approach of the kinds we find everywhere. A 15-year old was shot down in the street in Sydney just last week because he had just murdered an employee of the NSW police. No one in Australia is asking for our police rules of engagement in dealing with murderers while in the midst of a murderous rampage. Ruth Pollard, the activist-with-byline at the SMH, ought to try a similar kind of argument as a think-piece on her editorial page. I suspect even regular readers of Fairfax might find her just a tad idiotic even for their own fellow-leftist tastes.

UPDATE: From Brett Stevens via the Wall Street Journal discussing these murders on Israeli streets under the heading, Palestine: The Psychotic Stage. No answers in how to deal with the problem but some moral rebalancing about who are the murderers and who are being attacked in the street:

Treatises have been written about the media’s mind-set when it comes to telling the story of Israel. We’ll leave that aside for now. The significant question is why so many Palestinians have been seized by their present blood lust—by a communal psychosis in which plunging knives into the necks of Jewish women, children, soldiers and civilians is seen as a religious and patriotic duty, a moral fulfillment. Despair at the state of the peace process, or the economy? Please. It’s time to stop furnishing Palestinians with the excuses they barely bother making for themselves.

Above all, it’s time to give hatred its due. We understand its explanatory power when it comes to American slavery, or the Holocaust. We understand it especially when it is the hatred of the powerful against the weak. Yet we fail to see it when the hatred disturbs comforting fictions about all people being basically good, or wanting the same things for their children, or being capable of empathy.

Today in Israel, Palestinians are in the midst of a campaign to knife Jews to death, one at a time. This is psychotic. It is evil. To call it anything less is to serve as an apologist, and an accomplice.

Apologists and accomplices they may be, but they feel as moral and pleased with themselves as if they had just put fifty cents into a beggar’s hat.

Elite opinion as a form of stupidity

Elite opinion is so off the planet that the evidence that high IQs are a form of stupidity is becoming more evident with each passing day. The latest evidence, this from Donna Laframboise:

The closer one examines the recent climate conference co-sponsored by the UK Supreme Court, the worse it looks. I’ve previously discussed the 45-minute keynote address given by Philippe Sands, in which that law professor urged international courts to “play a role here in finally scotching” non-mainstream climate perspectives.

But the video recording of that speech includes the remarks of three other individuals. Strung together, this is among the most terrifying 90 minutes I’ve ever witnessed. The event at which Sands’ speech was delivered was chaired by sitting UK Supreme Court Justice Lord Robert Carnwath. His opening remarks demonstrate that activist scientists have been joined by activist judges.

It isn’t possible to listen to Lord Carnwath’s remarks and conclude that, where the climate debate is concerned, he’s keeping an open mind. At the 5-minute, 12-second mark on the video he says the climate law conference was his idea.

You can watch the video at the link if you can bear it. Meanwhile, also from the UK, but this time with the focus on the Governor of the Bank of England:

Mark Carney’s warning that investors face “potentially huge” losses from their “stranded” coal, oil and gas assets has riled many in the investment community who believe the Bank of England governor has spoken out of turn. The chief investment officer of a large UK pension fund, who requested anonymity, agreed: “Mr Carney should stick to his mandate. Carbon policy is a matter for politics and government legislation, not the Bank of England.” Other investors also expressed scepticism about the stranded-assets theory, as well as the extent and the immediacy of the risks underlined by Mr Carney. –Madison Marriage and Richard Stovin-Bradford, Financial Times, 5 October 2015

Mark Carney believes that fossil fuels will soon become stranded assets, as the world will fall for the global warming scam and stop using them. Apparently, nobody told the Chinese! According to the IEA, they have been busy buying up all the global oil and gas assets they can get their hands on, and, as of last November, control 7% of worldwide crude oil output. –Paul Homewood, Not A Lot Of People Know That, 4 October 2015

Mark Carney, with wind turbine nailed to his forehead, has decided he doesn’t like hydrocarbons. Coal, gas and oil. He thinks we should probably leave one third of the world’s reserves of hydrocarbons right there where they are, in the ground. Leave it where it is and invest in what are euphemistically called renewables, which contribute 1% of the world’s energy needs. Right-ho, Mark — that’s the entire basis of the western economic system well and truly buggered, then. Hell, who’d have thought it: a banker doing his best to wreck the economy as a consequence of a latterly acquired arrogance. Nah. That’s never happened before, has it. –Rod Liddle, The Sunday Times, 4 October 2015

Geologically, the United States does not stand out in terms of shale resources. A very incomplete global mapping suggests a US shale oil share of no more than 17% of a huge geological wealth, widely geographically spread. Given the mainly non-proprietary shale technology and the many advantages accruing to the producing nations, it is inevitable that the revolution will spread beyond the United States. The global spread of these revolutions and the ensuing price weakness that we envisage for the coming two decades will, on balance, provide a great advantage both to the oil industry and to the world economy at large. The efforts to develop renewables for the purpose of climate stabilisation will become more costly, requiring greater subsidies, in consequence of lower oil prices. –Roberto F. Aguilera and Marian Radetzki, The Conversation, 5 October 2015

The 20 climate scientists and academics who sent a letter to President Barack Obama asking him to prosecute global warming skeptics may be in big trouble. A congressional committee is now looking into the government-backed nonprofit that circulated the letter, demanding they turn over “all e-mail, electronic documents, and data created since January 1, 2009.” The group has one week to respond in writing to the committee’s request. It seems like IGES’s effort to get Obama to prosecute global warming skeptics has completely backfired in the two weeks since their letter to the administration was published online. IGES has since taken down the letter and put up a message claiming the letter was “inadvertently posted” online. –Michael Bastasch, Daily Caller News Foundation, 2 October 2015

We know there is more carbon in the atmosphere, and we know there is a theory that says more carbon in the atmosphere leads to a rise in temperature. The only problem so far is that temperatures are not rising. Obviously a mere detail to people whose lives would never be disrupted by massive increases in the cost of energy, in the same way their lives will never be disturbed by a million refugees across Europe. So when I think of this:

WinstonChurchill_DemocracyQuote

I think that’s all very well, but for someone who has spoken to his fair share of Members of Parliament, my version would be:

The best argument against democracy is a five minute conversation with an elected politician.

Ah yes, the worst system except for all the others that have been tried from time to time. But it is the same kind of elite opinion that today worries about climate change that once upon a time had Neville Chamberlain congratulating himself for achieving Peace in Our Time in 1938. Democracy at least has the benefit of making the majority complicit in their own downfall. Not much of a compensation, but it is something.