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? William Jennings Bryan ? tries to co-opt populist party
· Christopher Lasch ? died in mid 90's ? argues that Pop. Tradition goes deep into American history ? it has endured varying strength ? roots lie in Calvinist theology (especially Puritanism) ? key ideas from Calvinist:
· Belief in human limits
· Distrust of materialism
· Belief in the power of the work ethic
· Lasch, Tom Paine, Cabbett, Brownson, Ralph Waldo Emerson ? form of populist radicalism, highly democratic ? skeptical of capitalist notions of progress ? high value that comes from working the land ? accused of being "hayseed socialists" ? says it's most concerned with virtue of the small producer ? attacks capitalism not because it produces poverty or want to destroy ownership but b/c they think it destroys PRIVATE property ? undermines the regime of small producers (small farmers, mom and pop stores) ? not a form of socialism
· Capitalism squeezes out all but the biggest fish in the pond
· Socialism focuses on poverty on working class ? Populism more concerned with loss of independence
· Lasch thinks consumerism is a big problem ? okay if we have enough money to buy cheap products
· John Locke ? a lot of emphasis placed on work ? it makes you who you are
· More concerned with comfort than freedom
· "Culture of narcissism" ? self love to the point of pathology ? Lasch thinks it's a modern characteristic of Americans
· Lasch ? "Revolt of the Elites" ? today elites are in many ways, worse than the robber barons of the nineteenth century
· Elites ? like to think of us as meritocracy ? Lasch thinks it is part of the problem
· Contributes to the decay of elites through social mobility ? legitimizes inequality and drains the natural elites out of the community that needs them the most ? it becomes an excuse not to help them or go back to them because "they could have made it too"
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· "Think tank" ? oxymoron ? already have preconceived notions about what they should do
· Democrats typically back Savings and Loans
· All begins with deregulation ? 1970's ? Carter Administration ? wanted to deregulate banking so that they could compete ? take off some restrictions of loans ? do risky loans ? go into debt ? must be bailed out because it is ordinary people's money
· Mechanisms corporations use were brought up by anti-corporate people
· Mechanisms for popular support
· Anthony Downs ? Economic Theory of Democracy ? rational actors in politics with limited information and time ? the rich and powerful teach them what they want them to know
· Rational politics gets us in this situation to begin with
· No one is looking out for the larger public interest
· Populists usually know problems but don't know what to do about it
· John McCain ? swayed by Savings and Loans
· Greider ? cut off contributions from those that you have committee dealings with
10/22
Libertarianism
· It is a radical version of liberalism, not very democratic
· Goes back to when liberalism split ? property rights (John Locke)
· Defense of property rights allowed Locke to attack the king and the aristocracy ? achieves desired political ends
· 1700's ? key thinkers developed a liberal economic argument that grew from Locke's standpoint
· Mid 1700's ? Physiocrats ? group of thinkers in France
· Key Physiocrat ? Francois Quesney ? "laissez faire" ? let it be?hands off approach to economics
· The reason for this was that they looked at how wealth was created
· Set amount of wealth ? zero sum gain ? mercantilism
· For someone to gain wealth, another would have to lose it
· Quesney thought that wealth could be generated and increased
· How is wealth produced ? Physiocrats ? agriculture ? goes back to Locke
· Countries that promote agriculture will generate wealth internally
· Physiocrats believed the gov't should keep its hands off the money ? keep it unimpeded
· Adam Smith ? Scottish economist ? 1776 ? Wealth of Nations ? argues that economics works according to self-interest ? deliver goods for a lower price than their competition ? also works for the benefit of the public ? "not for the benevolence of the butcher that we expect our dinner, but their self-interest"
· Individual self interest leads to public interest
· An invisible hand is at work in the marketplace
· When the gov't gets too involved, it undermines the invisible hand
· Gov't should be limited to securing the law of trade and contract, provide for infrastructure, national defense, and public education ? some room to provide for the poor as well
· American founders were sympathetic with these ideas
· Defenders of agrarian life, not capitalism, pick up the laissez-faire ideas ? Jefferson and Madison pick it up, not Hamilton
· It is a tool of equality
· Happy when they are governed locally ? decentralizes power
· Jacksonians liked laissez-faire economics ? very Democratic ? believed it was best for the American public
· Everything changes with industrialism
· Call upon farmers to ease conditions of the poor
· Reformers wanted gov't to actively help the poor
· Strong, centralized gov't
· Defenders of capitalism begin to defend laissez-faire economics
· 1870's ? Gilded Age ? wealthy industrialists oppose changes in the system
· British thinker ? Herbert Spencer ? 1820-1903 ? "new Liberalism" ? radicalizes the concern for property rights ? the only truly important rights ? it becomes absolute
· The Man Versus the State ? 1884 ? man born bad, possible to become good through evolution
· Social Darwinism ? related to Spencer's ideas ? sometimes thought to be before Darwin
· Spencer coined "survival of fittest" ? God separates the worthy from the unworthy
· Economic marketplace is the survival of the fittest
· Lamark ? evolution, occurred, animals adapted ? he just didn't tell how
· Key differences:
· Darwin works at the species level ? changes take place over a vast amount of time
· Spencer concerned with individuals ? changes take place rapidly
· Unit of analysis and time frame is different
· Since it is God's hand, it is wrong to interfere with it
· Spencer ? ant state aid to the poor is morally wrong ? it violates God's will ? property is the only measure of moral worth
· Even private charity would be morally wrong
· The rich are moral examples simply by being rich
· Spencer ? "as for the poor, they will die?as they should"
· Sumner ? Spencer's disciple ? professor at Yale ? talks about laws of nature ? gov't has two responsibilities: property of men, honor of property (?)
· Spencer and Sumner ? both critical of democracy ? poor and the weak are dead weight and a burden on society ? middle class is not significant
· Classes do not have responsibilities to another class, just with each other in their own class
· Oligarchy
· American business leaders pick up on these ideas
· They think gov't should keep them out when necessary
· Frederick Martin ? "we are the rich, we own America, we intend to keep it"
· Carnegie defends philanthropy for the good it does for the rich ? why leave it to an ungrateful kid ? have a building with your name on it
· Becomes dominant theory regarding American politics
· 1890's ? becomes the primary constitutional doctrine ? idea that constitution was written to protect property rights ? laissez-faire principles ? gov't shouldn't interfere ? dominant ideology for a while in the Republican party (McKinley, Harding, Coolidge, Hoover) ? not Teddy Roosevelt
· New Deal killed this doctrine ? things can have serious economic consequences (Depression)
· Social Darwinism fades
· Hayek ? Austrian economist ? teaches at the London School of Economics ? Road to Serfdom ? doesn't want economic liberalism back ? 1944
10/24
· Libertarianism ? radical, economic wing of liberalism
· Socialism is the road to totalitarianism (fascism, communism, etc)
· Socialism ? centralized, gov't planning
· Pursuit of equality is not necessarily socialist
· Nationalization of industry ? core of socialism
· Externalities ? something that is not normally taken into account within marketplace relations
· Environmental factors are externalities
· Hayek will be occasionally pragmatic
· Doesn't like redistribution, but he doesn't discount it
· Believes in minimal gov't interaction for the poor ? not as calloused about the poor as Spencer is
· Providing the poor with jobs and they reap benefits because they have individually and the choices they are able to make
· Moral wealth isn't defined by wealth or the amount of property you own
· Hayek never talks about evolution being part of the marketplace system ? no survival of the fittest
· Hayek's understanding of laissez-faire capitalism is more compassionate than Spencer's that is why he is more compassionate to the poor
· Not always sure he likes the term "laissez-faire"
· Hayek likes John Stuart Mill
· Hasn't witnessed the backlash of Communism at the time that he wrote this book
· We have separation of powers in order to fragment power
· Representative gov't in Britain and France ? advantageous to this
· Hayek ignores practical institutions ? electoral process
· Things like that tend to be self fixing
· What does Hayek thinks defines the Nazis? Nationalizing business, taking away private property
· Hayek doesn't mention them killing Jews, which we see as the core of Nazism
· Collectivism ? Nazism ? When it's seen as a left-wing movement ? take away property
· Free markets will stop Nazis, Hayek thinks
· Once you begin giving up your freedoms, you become used to being dependent
· Not individuals any longer, now collectivists
· Cites Tocqueville for individualism, but Tocqueville was kind of wary about individualism
· What line of thought does he place himself in? Liberal, not conservative
· Kirk ? suspicious of libertarians like Hayek
· Gov't protects conservatives privilege ? they want gov't interfering in the moral realm
· His view of economics:
· Why should we worry about monopoly when businesses fail? Hayek isn't worried about it
· Rule of law ? how Hayek thinks to solve large businesses; rules of the game to ensure an open market
· Hayek thinks there is really no advantage to being a large business
· He said people create monopolies, not the corporations themselves
· Hayek skeptical of democracy ? no such thing as public opinion ? there are only individuals
· Are times when authoritarian gov't provide more freedom than a democracy
10/29
· John Stossel ? libertarian because he doesn't want gov't interference in anything (as long as it doesn't cause physical harm)
· 1960's - began as economic laissez-faire and into the cultural realm
· Had trouble justifying Vietnam
· Libertarians believe in freedom of contract
· Conservatives believe in transcendent moral order
· Both believed in freedom of property (but for different reasons)
· 1960's ? begin to see let-wing movements with libertarian sympathies
· 1960's ? cultural force was the growth of rock and roll
· Free and on the road ? unencumbered by responsibilities
· Rules and limits are inherently totalitarian
· Inhibition was seen as bad ? suppressed self expression
· Gentle form of hedonism ? saw drug use as okay ? it could open the doors of creativity
· Counterculture often merged with a group called the "New Left", which was somewhat socialist and radically Democratic
· Counterculture more interested with dropping out ? Timothy Leary ?famous for acid experimentations ? drugs are the path to truth
· Skeptical of social elites
· New Left wants Democratic ? counterculture wants people to drop out of America's culture
· Individualism, antiauthoritarianism, skepticism of power
· Wanted to be left alone
· Jeff Riggenbach ? turned it into a political movement ? 1979 ? In Praise of Decadence ? wrote it for the Libertarian Review ? choices are equivalent unless they do harm to others ? freedom of choice ? argues that decadence should be celebrated a that which opens up new possibilities for people to pursue - produces innovation and change
· Left libertarians ? change is good ? tradition is a prison
· Murray Rothbard ? geared toward liberal anarchism ? state is an unnecessary evil ? people basically good, gov't is evil ? evil comes from gov't
· Rothbard ? people better off if they join private associations ? focus is on consent (goes back to John Locke)
· But when did we consent to this gov't ? tacit consent by living in this gov't (driving its roads, etc) ? he thinks we need to actually consent to it ? gov't controls us by force and coercion
· Libertarian party ? first convention in1972 ? statism ? great danger ? have never been able to break through as a major party ? minor party ? most are happy within the Republican party ? care most about property rights ? makes them reasonably comfortable as Republicans
· Shouldn't have police powers or fire departments
· Liked Madison's gov't ? some libertarians liked Jefferson due to his laissez-faire ideas
· In opposition to libertarianism ? communitarianism
· Also called civic Republicanism and civic humanism
· Think American liberalism is too one sided ? too much about rights, not responsibility
· Emphasizes public virtue and participation
· Gordon Wood, Bernard Bailun, and John Pocock ? shaped the Republican revision of the American founding
· Think John Locke given too much importance
· Republican tradition ? Aristotle, Cicero, James Harrington ? "Republic is an empire of laws, not men"
· Willingness to sacrifice private interests for public goods
· Gov't should have balances in order to avoid corruption
· Concerned with separation of powers
· Liberalism ? private freedoms
· Arendt ? most important political thinker of 20th century ? freedom during founding meant public happiness
· 1980's ? this was picked up ? communitarianism movement
· Thought liberalism undermined civic virtue
· Alistair MacIntyre ? 1981 ? After Virtue ? which human virtues led to the good life ? emotionism ? it's all about how you feel ? wants a return to Aristotle ? what makes someone a good human being ? someone of character ? one who can exercise moral reasoning
· Michael Sandel ? 1982 ? Liberalism and the Limits of Justice ? argues liberalism based in a false notion of human nature ? begin by assuming an atomized individual that existed before gov't (state of nature) ? said it never existed ? without society, one is not human ? they are situated self ? product of various social relationships that define us ? must understand individuals and their relationships to society
· Liberals ? unencumbered self
· Members of organizations t which we have obligations whether we consented or not
· Must be concerned with citizenship ? must cultivate it
· Gov't has an active interest in character formation in order to become a decent citizen
· Most important virtue is citizenship
10/31
· Libertarians see the communitarians as soft fascists
· Communitarians see libertarians as whiny teenagers
· No such thing as an absolute right
· We talk as if our rights are absolute
· American Rights Dialect ? talk about rights out of context
· Makes it difficult for us to come to reasonable decisions
· American politics is, therefore, conflictual
· "Mere assertion over reason-giving" ? politics over policy
· Produce consensus and compromise
· Locke ? good storyteller ? state of nature ? property is his key right ? wrote it to go against the absolute monarchy ? Americans took him literally
· Argued that all men and women were property of the king ? Locke appeals to notion of self ownership
· It existed before gov't ? he explains property as an extension of yourself ? delegitimizes the king
· Therefore, we talk about rights in an absolute way
· Declaration of Independence and Bill of Rights ? no mention of fraternity or responsibility to others
· Duties go along with rights
· We got rights without the accompanying virtues
· Individualistic and legalistic cultures today
· Communal standards of morality are now restrained
· Replaced by law are the reminder of obligations to others
· Our court system is more adversarial than Europeans ? British go after truth ? we just want to win
· A man's home is his castle
· Thinks Americans confuse desires and rights
· Trust democracy ? that is the answer ? full public debate
· Libertarians put no faith in democratic bodies to make reasonable decisions ? they always run to the courts
· As time has gone on, property rights were de-emphasized
· Right to privacy emerged ? the right to be left alone
· Paparazzi were the inspiration for right to privacy
· 1965 ? Supreme Court gets involved ? Griswold v...
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