Procapitalism Op-Eds

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Tibor R. Machan

July 17, 2008 ... A Chance for Freedom?
                          What’s the Pope’s Problem?

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A Chance for Freedom?

Lugano, Switzerland: Over the last two and a half decades or so I have been attending conferences organized by the Business & Economics Society International that has its home at Assumption College in New Hampshire. This summer I believe I have attended for the fifth or sixth time, often presenting papers and taking part in discussions about business ethics and political economy.

When I first decided to submit a paper I was very skeptical, given how hostile so many academics are toward a fully free market. And indeed, aside from the organizers who seem to have a penchant for a bit of fireworks at these events, nearly all those who encountered my defense of free markets, private property rights, globalization, free trade agreements, and so forth found what I was saying nearly abhorrent. Nonetheless, given the at least nominal commitment of academics to wide open discussions in their various disciplines, I managed to find some who would carry on a civilized conversation about my radical capitalist, libertarian position. But as far as sympathies for it, there was very little of that to be found and some were pretty hostile, charging me with the usual stuff about being an apologist for the ruling class, etc.

But because I do have a bit of a knack for presenting these ideas in a civil tone, the organizers kept accepting my submissions and in time invited me to give one of the keynote addresses at two or three of these meetings. That is just what happened this year when I presented my critique of stakeholder theory—or Corporate Social Responsibility—to a surprisingly packed house at the conference in Lugano, Switzerland.

Although there were several people who showed their disdain, even hostility toward the position I laid out, I have to say things were quite different this time from what they had been back when I started to attend these meetings. To my very pleasant surprise a great many in this year’s audience were very receptive and even went out of their way to express their approval of someone with my position having been provided with a prominent spot in the proceedings. And some of these were among the ones who showed little patience back a few years ago for anything that smacked of support for free market capitalism.

It is, of course, very difficult to assess whether a set of arguments is gaining favor with a proportionately growing number of people in some field but my impression over the last few years has been that around the globe capitalism is gaining ground, at least as a way to understand how economies should work. Scholars from New Zealand, Saudi Arabia, Taiwan, Armenia, Georgia, Azerbaijan, and many other places who attend these conferences appear to be looking with greater favor at privatization, globalization, the system of private property rights and freedom of contracts than they did just a few years ago. Indeed, it is most often academics from America and Great Britain who voice vehement opposition, even outright hostility, while those from newly emerging countries, ones who are just now beginning to join the international economic and business community as active participants, show much interest and express support.


Of course I am under no illusion that these ideas I find most sensible are sweeping the globe, especially in academic institutions. Even this last time several of the scholars in the audience actually booed me, not just once but repeatedly, when I argued my case for the right of shareholders to set the direction managers should follow instead of having public authorities and folks like Ralph Nader call the shots. The governmental habit is still quite pervasive! This reactionary trust in top down organization and management of the economic affairs of countries, one so reminiscent of mercantilism despite the self-serving term “progressive” its cheerleaders use to call it, is very disconcerting for anyone who wishes economic well being for people throughout the globe.

It always baffles me a bit that a great many educated folks just stick to the faith that when government undertakes to address a problem, there will be solutions bubbling out all over the place, as if those in government possessed magical powers. At the same time, oddly, their distrust of people in business persists, as if free men and women had some innate proclivity toward mendacity the moment they entered the market place.

Still, I am again encouraged and perhaps so should be all those who hold out for the promise of liberty. It is no utopia but beats all alternatives hands down with what it has achieved and has the potential for achieving.

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What’s the Pope’s Problem?

Salzburg, Austria. BBC TV broadcast the news a few days ago that Pope Benedict has condemned “popular culture and consumerism” during his trip to Australia. I am not sure why this is important to report—would BBC TV inform its viewers about the pronouncements of the “Reverend” Moon, the current leader of the Mormon Church or, indeed, of the leaders of the 4000 plus different religions registered in the USA alone? What makes this particular church leader so special?

I ask this as a former Roman Catholic, one who was raised in that religion as a kid in Communist Hungary and who is fully aware of the myriads of negative side effects this can produce for a person (namely, guilt, guilt, and more guilt for just wanting to have a reasonably joyful life). Since that time I have come to be very, very suspicious of the claims of Roman Catholics and, actually, members of most other churches to having a sound understanding of human affairs. And one area where I am especially weary of what men like the Pope say is concerning the mundane purposes people have, such as wishing to live prosperously, wanting to gain some pleasures and wealth in their lives, of hoping to enjoy themselves instead of suffering, which is what many religions teach is the noble way for us all to live. No, that just won’t do for me and, I suspect, for increasingly many people.

It is, by the way, one thing for Jesus to have suffered since, after all, he was supposed to be both man and God and as such suffering couldn't possibly amount for him to what it does for an ordinary mortal. So imitating Jesus in this and many other respects simply cannot be something humanly noble—why should a mortal human being seek to suffer? There is simply no sense in that at all.

But even apart from the wrongheaded idea that we ought to reject what pleasures and enjoyments this world can offer us—i. e., condemn consumerism—there is the sheer audacity of the head the Vatican City chiding other people for their embrace of abundance and wealth. Have you ever visited the Vatican? I have and the measure of its ostentatious and very mundane wealth—no, opulence—is something to behold.

Indeed, the very first attraction on the way around the City is a gaudy shop with thousands of Catholic trinkets for sale. Talk about consumerism—few places match this blatant display of commercial savvy. (If you don’t know the place, just think of those shops you find at art museums, with all those reproductions of the works displayed and the books about them for sale! And then multiply these several hundredfold.)

All of this really comes down to the great likelihood of Papal hypocrisy. And this cannot be news to most Catholics, either, given their awareness of the display of splendor, glitter, and pomp at high mass. I don’t know where else we would find the likes of this other than at some of the palaces that remain as reminders of the obscene plunder of kings and other monarchs and the dictators such as “communist” Rumania last dictator. Who, then, is the Pope to condemn consumerism which, by my study of history, is a feeble attempt of ordinary human beings, ever since the emerges of relatively free markets, to acquire, honestly, a tiny fraction of the world’s goodies compared to what the upper classes, including religious leaders, of the past got their hands on mostly illicitly.

Yes, just think of it: consumerism amounts mainly to folks making a try at acquiring, fair and square, all sorts of useful and enjoyable goods and services now available to millions of us. In the past comparable stuff was only available to a select few and they didn’t come by it honestly but mostly by plunder and conquest. We today go shopping, after we have earned some coins in the market place doing work that other people freely chose to purchase from us.

Honest trade is a central feature of consumerism and this is what the Pope finds so abhorrent. Would he rather have us return to an era when only the leaders of Church and assorted monarchs were in the position to obtain such merchandise, mostly by intimidation and extortion—such as selling forgiveness to gullible well to do folks who went along with the deal through ignorance and fear rather than free judgment and by threatening subjects within the realm, respectively?

Furthermore is it not curious that the Pope’s pronouncements seem to escape the scrutiny of the chattering classes? Perhaps not, since the bulk of them also lament it endlessly that ordinary human beings would rather go shopping than sacrifice themselves for various more or less dubious objectives like taking precaution with the environment (whatever that grab bag idea really is supposed to mean). Although many of these intellectuals are doubtful about religion, they do share with the myriad of churches a disdain for the popular pursuit of earthly joys.

So no wonder that the Pope condemns popular culture and consumerism—they are in competition with him in the effort to gain people’s devotion and loyalty. Trouble is what the Pope claims to offer is something quite elusive and mysterious, whereas what we find in the market place, at the mall for example, has the advantage of bringing us concrete, clearly understandable satisfaction. No wonder we are implored to feel guilt for wanting it in our lives!

Maybe I am just harboring resentments against the Catholics for having made my childhood and adolescence so full of misery—guilt, shame, self-denial, self-loathing, and so forth. Probably I just wish to warn people off of falling for the ruse I went along with for a couple of decades of my early life.

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