Monday, July 6, 2015

A Warning to Those Who Want to See a Bernie Sanders or Donald Trump Elected

By Robert Wenzel

I have seen some readers here and at EPJ commenting that they would like to see the socialist Bernie Sanders, or perhaps the micro-manager interventionist Donald Trump, elected as president. The comments are made based on the idea that collapse would come quickly under these individuals and from the ashes a libertarian society would emerge.

But this is dangerous thinking. More often than not, a collapsing economy/society leads to greater totalitarianism. No springs of libertarian policy, for example, have developed as a result of the Arab Spring, though rulers have been forced from power in  Tunisia, Egypt, Libya,and Yemen. Either greater turmoil or more oppressive regimes have emerged.

And never forget that the collapse of the German economy via hyperinflation led to Adolf Hitler gaining power.

The History Learning site notes:
The group that suffered a great deal – proportional to their income – was the middle class. Their hard earned savings disappeared overnight. They did not have the wealth or land to fall back on as the rich had. Many middle class families had to sell family heirlooms to survive. It is not surprising that many of those middle class who suffered in 1923, were to turn to Hitler and the Nazi Party. 
It was economic collapse that led to the rise of Lenin in Russia, The Bolshevik slogans "Bread, Land and Peace" and "All Power to the Soviets" sum up the way Lenin was able to gain power. The cities were starving because of inflation and price controls. Further, the peasants were  required to fight in the war and could not plow, sow or harvest crops. And the food delivery infrastructure had broken down.

You are playing with fire when economic collapse occurs. At the time of such collapse, the masses will often turn to a "can do" leader, who, of course, considers "keeping everyone in line" as part of his "can do" mandate.

The last thing we need is collapse and such an oppressive leader emerging.

The only real long-term approach to liberty is to get the masses to understand on a basic level that liberty is best for them. This is a very long-term project, not something that is going to occur just because of an economic collapse.

The best thing one can hope for in the current environment is a leader that maintains some type of stability in the economy and society but who attempts to apply some oppressive measures that are easily detected and recognized as such by the masses.

The American Revolution came about because the colonists recognized the oppression of the Stamp Act and the tariffs of the  Townshend Acts. These acts were eventually repealed by the Parliament of Great Britain because of the outcry in the colonies, but the acts themselves resulted in the colonists getting riled up. The so-called Tea Tax revolution was a much more complex issue. It basically was launched because England suddenly allowed for the hated  East India Company to sail directly from East India to the colonies with tea, without a stop in Britain. This allowed the East India Company to compete price-wise against, the colony smugglers of Dutch tea. Thus, this latter uproar was not exactly a libertarian event. It was complicated, as they say.

But note well: All three of these actions were specific oppressive acts by King George in a generally stable environment. The colonists were not looking for a new solution to a collapsing situation. They were looking for less government oppression (at least oppression from King George.) And then there were libertarian writers such as Thomas Paine to feed the idea of liberty to the masses who were fed up with the new oppressions.

From a long-term perspective, ideally, a Ron Paul presidential candidate would be great in educating the masses about freedom. But he is not running, His son, Rand Paul is too mushy on liberty, He admits this himself when he calls himself "libertarianish."  He in fact is an anti-liberty education. The danger is that many will view him as libertarian when he is not. He brings confusion to libertarian principles. He is more interested in power than educating about liberty. He, thus, is willing to sellout on libertarian principle on almost any issue  to get to the 8-year throne.

The best a libertarian can do at this time is use Rand statements as an object lesson, when speaking to non-libertarians, by pointing out what liberty is really about as opposed to Rand's muddled comments

As far as the presidential candidate, in the current crowd, that would be most like King George, where the masses would not like the dictates, and the oppressions could be clear enough to possibly cause the masses to want less government, it is my gal the justifiably hated Hillary Clinton. A dangerous collapse of some sort could occur  under her watch because of Federal Reserve money manipulations, as it could under any of the candidates, but it would be a much more dangerous situation under Sanders (and possibly Trump, though he is more of an unknown quantity).

Bottom line: There is little hope for the near future. A lot more ground work is needed with the masses. I'm talking a lot.  But we don't want some kind of leader who will create even greater collapse than what we are already facing. There is no way to know what would emerge out of a great collapse, but most likely it would not be good.

If we can't get a clear libertarian candidate,we need a candidate that can be easily hated, will maintain relative stability, but who could attempt to oppress in a manner that the masses would recognize as oppression and cause them in knee-jerk fashion to begin to want less government.

Robert Wenzel is Editor & Publisher at EconomicPolicyJournal.com and at Target Liberty. He is also author of The Fed Flunks: My Speech at the New York Federal Reserve Bank. Follow him on twitter:@wenzeleconomics


16 comments:

  1. Whenever I see people post as if they are looking forward to an economic collapse or its hastening, I see only a message of evil. It is good to see someone post as you have here, but there is another side to this evil message that isn't included.

    Such a collapse will bring terrible actions against a great many people even before it occurs, through the yet further stealing of wealth, yet more abusive police, and an increase in the number of horrendous acts of war, among other activities. To desire these things is quite low and I suspect comes from selfish reasoning.

    To add a little further to your post, consider that there are many millions of people in the U.S. who feel they are obligated to the treasure of the rest. These millions are in command of the most sophisticated and horrific weapons ever created, and to believe they will simply give this up because faith in the paper currency has fallen is naive.

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    1. "Whenever I see people post as if they are looking forward to an economic collapse or its hastening, I see only a message of evil. It is good to see someone post as you have here, but there is another side to this evil message that isn't included.

      Such a collapse will bring terrible actions against a great many people even before it occurs, through the yet further stealing of wealth, yet more abusive police, and an increase in the number of horrendous acts of war, among other activities."

      I am one of those people that was/is hoping for a crash and subsequent reset of the system.

      I'm replying to give you a different perspective/consideration towards those that hold the viewpoint, rather than the characterization of "evil".

      As we all know, the current financial & governmental system is corrupt, to the core. It already damages people, this is not in doubt. The younger generations are starting to suffer more, we are seeing a destruction in opportunity within the nation(US) and a general worsening overall with exception to "money spigot" locations(DC, San Fran, Silicon Valley NYC, etc.)

      I don't think the desire to see a corrupt system fall is "evil" per se. I grant that you, RW, et al have all made good points in regard to many times a bad system being replaced with an even worse one...point noted.

      That being said, we also have the USSR in recent history, in which there was a marked improvement after their collapse.

      I see the issue similar to the removal of a band-aid on a wound....some people find it easier to rip it off quickly and get it over with....some will take their time...trying to minimize the pain involved.

      I really don't care to see the US attain Japan levels of GDP to debt ratios....with their high misery/suicide rates over protracted periods of time.

      I also don't care to see a few more wars while the US dollar confidence game continues on.(which is the only way the US can continue to fund them)

      Lastly, there is nothing wrong with "selfish reasoning". Self interest is an important factor in free markets and freedom in general. It is only when "selfish reasoning" is undertaken in a manner that is a NAP violation that it is a problem.

      When people short a stock and make a huge amount of money due to their foresight while those holding the stock take a bath, is that a NAP violation? Are they "evil" people for wanting to see the stock tank because those on the other side of the trade made bad decisions?

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  2. I have no illusions that an economic or political collapse will be short and then lead to a more libertarian society. And I agree with RW that these events could just as likely lead to a dictatorship crushing the middle class. But there is no evidence to suggest that the answer is "to get the masses to understand on a basic level that liberty is best for them." The American revolution's limited success had almost nothing to do with Tom Paine and his scribblings nor the writing of any other "thinker." Few Americans were even aware of these writings and fewer still had actually read them. The success of the revolution was the happy result of French intervention at a time when the British were over-extended around the world. When the Brits left there was no one to fill the void and a tiny central government was all the American "leaders" could afford. Even the Constitution had little effect and people were left free to manage their own lives as best they could. And the "best they could" created a wealthy successful people. We are the beneficiaries and should enjoy the ride while it lasts. Unfortunately America now resembles the British in the late 1800's and early 1900's. Over-extended, bankrupt and full of themselves. Teaching people like this about the benefits of free markets is like wrestling with a pig. The pig enjoys it without changing its behavior and you end up covered in mud. Better to stay out of it focus on your own life and don't vote. At least you can say is you didn't contribute to the destruction. The change that RW wants is something only time, nature and serendipity can accomplish.

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    1. Paine's "Common Sense" was printed at least in 25 editions at the time and was by far the best selling book after the Bible.And it may have well have been French intervention that put the colonists over the top (though that is seriously disputable) but even giving you that. That is a military victory, The ideas for liberty came from ideas and a rejection of other ruling or did you forget the Tea Party was led by the "Sons of Liberty."

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    2. Actual publication numbers are difficult to verify. I read between 100,000 and 500,000 copies were printed in 1776 but the larger numbers are due to estimates of sales in Europe which is where Paine spent most of his life. 100,000 would be about 4% of the American population. Its impact is questionable. The Tea Party tends to make my point that people are most motivated to action to avoid pain and discomfort. The East India Company was trying to maintain its monopoly in the tea and commodity markets. This provoked a response from dissatisfied customers and the Sons of Liberty were opportunists who took advantage of the situation. Some might call the Tea Party protestors the first crony businessmen of America who didn't like the competition to their smuggling enterprises as the East India Company lowered its price as Britain removed the tea tax and eased regulations on the East India Company. A complicated situation in which Common Sense was a small part.

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    3. Thanks for the new insight into that incident.

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    4. @Brian Erickson

      4% of the populations would have a questionable impact? You are a clown, That's the maximum amount of thinking people in any country. It would be the equivalent to a 12 million plus best seller in the US today.

      As for this gem: "The Tea Party tends to make my point that people are most motivated to action to avoid pain and discomfort."

      That's Wenzel's point. Go back to the circus.

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    5. Wenzel's point is that education makes a difference. I respect that because he is working hard to make it happen. But I disagree. I don't think education will make a difference because I think people are motivated to take action primarily to satisfy their need to avoid pain and discomfort, not to follow or implement ideas. And if 4% of the people are "the maximum amount of thinking people..." than Wenzel's approach is more hopeless than I thought. You should attend the circus more often.

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  3. Sounds about right to me. Hillary 2016 !!!

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  4. This is why a Bush vs Clinton election is so desirable. If the cronyism in that matchup isn't enough to jolt some people awake, little else will change their mind.

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  5. So you acknowledge that you would vote for Rand Paul over Sanders or Trump? Wenzel, I think Walter Block is starting to make more sense now.

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    1. No, Walter endorsed Rand. I would never do such a thing. I wouldn't endorse any of them.Further, as I wrote, the best that Rand can provide libertarians is use as a punching bag to point out to others how he is not a libertarian. He is way down on my list of people I would like to see as president. Though, higher than Sanders or Trump. But I would take Hillary or Jeb over Rand for strategic reasons, though I don't think there would be much difference in rule under any of the three---Rand being the most dangerous becasue people would think he is bringing us libertarian rule, when he would be doing no such thing. And also wasting all libertarians time by causing us to debate what Rand really meant with his confusing, contradictory statements. That's what Rand is best at and it is exactly what he wants, since some will take his side on the wish and prayer that he is really a libertarian. That's not how you educate the masses about liberty.He' s dangerous for the movement. Not as dangerous as Sanders, but dangerous.

      Finally, from the start I have been a Stop Bernie advocate.

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    2. RW

      Great article but you need to fix your autocorrect for "becasue" because it is killing my inner grammar queen.

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  6. The Dems and the GOP have shown they both are only interested in THEMSELVES...not this country and its citizens....so a new face from no where and NOT a politician would be a welcomed remedy...such as Jesse Ventura with Donald Trump as his VP....and Ron Paul as his Treasury Secretary....now that is Change for the better....as I pray for this outcome....How about you

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  7. Demand that the Democrats denounce and renounce Socialism and Bernie Sanders! 100 million slaughtered is enough! (Via a big billboard campaign)

    (I was drinking beer over the weekend and was thinking up ad slogans).

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