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October 16, 2007
Classical liberalism is for kooks!
Is Classical Liberalism dead in today's Republican Party? The reason I'm asking is that it often seems that way to me. I'm thinking that the Wikipedia's attempt to call it "conservatism" may therefore be in error. From the Wiki entry, a brief definition of Classical liberalism: a doctrine stressing the importance of human rationality, individual property rights, natural rights, the protection of civil liberties, constitutional limitations of government, free markets, and individual freedom from restraint as exemplified in the writings of Adam Smith, John Stuart Mill,[3], Montesquieu, Voltaire [4] and others. As such, it is seen as the fusion of economic liberalism with political liberalism.[5] The "normative core" of classical liberalism is the idea that laissez-faire economics will bring about a spontaneous order or invisible hand that benefits the society,[6] though it does not necessarily oppose the state's provision of a few basic public goods that the market is seen as being incapable of providing.[7] The qualification classical was applied in retrospect to distinguish early nineteenth-century liberalism from the "new liberalism" associated with Thomas Hill Green, Leonard Trelawny Hobhouse,[8] and Franklin D. Roosevelt,[9] which grants a more interventionist role for the state. Classical liberalism is not to be confused with the ideology that is commonly called "liberalism" today in the United States, as classical liberalism is actually closer to being a tendency of "conservativism" in the U.S.[10]Is that true today? The last footnote goes to a political science text published in 1999, which was in all probability written when Reagan Republicanism (with its belief in government non-intervention in the economy) was still dominant in the GOP. If this poll is correct, times are changing: The overseas earnings of large US companies may well be shielding the US economy from a recession at a time when the housing market is in a steep slump but voters of the traditionally pro-business Republican Party, by a nearly two-to-one margin, believe free trade is bad for the US economy, a shift in opinion that mirrors Democratic views and suggests trade deals could face high hurdles under a new president.If this is a new direction in the Republican Party, if the Democratic Party is poised to become the party advocating free trade, and if 32% of Republicans favor tax hikes, then I think it's fair to ask a question: Is Classical liberalism dead? I hope not. (And after all, you can't kill a theory, so in the technical sense it will never die.) What worries me, though, is that Classical liberalism may be close to dead in the Republican Party. Ironically, its executioner (or at least the guy who's hammering in the coffin nails) would seem to be its staunchest proponent -- Ron Paul. While there is no logical relationship between economic policies and support or opposition to the War in Iraq, human thought tends to become contaminated by juxtapositional associations -- especially when people are in a hurry (or mentally overloaded). Like it or not, Ron Paul's strident opposition to the war is being indelibly associated with his equally strident economic laissez faire advocacy. Few people take the time to sort these things out and ask whether he might be partially right. Instead, they dismiss him as a loon. And with him, they dismiss Classical liberalism. As a Classical liberal (or small "l" libertarian, "civil societarian," or whatever you might call it), I hate to see this happening. Parenthetically, this touches on why I think Alan Keyes should be included in the debates. It seems only fair (if not fair, at least symmetrical) that someone should be doing to social conservatism what Ron Paul is doing to libertarianism. Besides, there are people in the party who agree with Keyes, just as there are people in the party who agree with Paul. And, just as there are plenty of social conservatives who disagree with Keyes, so there are plenty of libertarians who disagree with Paul. Why does the "kook" phenomenon have to be linked in the debates only to libertarianism? Anyway, I'm sorry to see clear evidence that the Republican party rank and file have become so accepting of statism, because the Democrats offer no alternative at all. Whether it takes the form the welfare state, the nanny state, or the big government conservatism state, I worry that the country is headed for populist totalitarianism with mutual consent of both parties. No doubt there will be plenty of "triangulation" on both sides. MORE: Fred Thompson speaks out against triangulation: "Some think the way to beat the Democrats in November is to be more like them. I could not disagree more," the one-time Tennessee senator says in remarks he is to deliver to the Conservative Party of New York.It looks like an encouraging development. I like Thompson's federalism, and he might just be able to nudge the GOP back to a Reaganesque appreciation of limited government. (Not to confuse an already confused issue, but I should point out that there is also such a thing as neoclassical liberalism.) UPDATE: Oregon Guy has an interesting post on the submission curve. (This one's good too.) posted by Eric on 10.16.07 at 08:55 AM
Comments
Your questions are great questions. I've attempted to answer them here and here. And every time I think about these posts I keep asking the same question. Am I getting my point across? If you click on the second post you see a normally shaped bell curve. One of my earliest comments from a reader was something to the effect that you can't "just" be a Libertarian...or something to that effect. (I'm not going back to find it, hang in there.) What I've tried to show is that given all the possible choices one can make, whether its a religious choice, a market choice, a freedom of speech choice, that between the no-rules of Libertarianism and the only rules of Totalitarianism lies the Golden Mean. This is expressed by the 1st standard deviation...and I would posit that this Golden Mean is exhibited in most of our societal, cultural and political decisions. Next, and this is the Me in My Thinking, I believe that the best representation of this Golden Mean is in our language. The English language as spoken in the United States. I want to sell you something. You ask if it's a "fair" price? I ask you if you think it's a "fair" price? The word, "fair" has meaning, express and connotative. This meaning has created havoc for used-car buyers and sellers for years. And horse-traders, before that. I sell you a horse for a fair price and the horse dies tomorrow, you can question whether or not you paid a fair price. But at the moment of exchange, exhibited by the exchange of value, both parties agreed. The price was fair. Likewise, when it comes to market activity, the question of Sarbanes-Oxley is best considered under the Golden Mean concept of fairness. At the time of its passing, investors--it was felt--needed more protection from predatory boards. The years of Clinton's administration outlook toward Enron, Tyco and Worldcom had come to fruit. So, as a matter of fairness, S-O was adopted. Now, five years later, questions about S-O arise. Is it fair? No matter to this discussion. It's the use of our words as they reflect our choice between the ideological purity of Libertarianism and Totalitarianism that I find fascinating. Finally, two thoughts. Do I need to read Chomsky? And, I have faith in Americans to make fair choices. I've read snippets of Chomsky. But his major works have been referred to as genius, insightful, essential. The Chomsky I refer to is the didactic pronouncer of his view of the common good. It occured to me that he is probably a kindred spirit in his view of language as cultural knot. So, off to the library today. And I believe in Americans' ability to make fair choices. It's possible, though, that forces of unfairness have worked to gain control over the meaning of language. What is the legitimate appeal of Graeme Frost in the discussion of health care for victims of poverty? (BTW-do you see all the "loaded" words in the question?) Of all these questions, perhaps the most important is "Who do you believe you are?" and "Who do you believe you should be?" Thanks for your post. OregonGuy · October 16, 2007 02:11 PM Post a comment
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Some fraction of Republicans who poll against free trade could be rejecting the government-managed mercantilism that usually goes by that name, while supporting the real, entirely theoretical thing, exchanges across borders, free of state management.
It's nice to think so, anyway.
I know I'd be tempted to say I'm "against free trade" if I were polled, but I wouldn't, knowing that I wouldn't be understood.