Peter quoted Milton Friedman as a response to a previous post. To paraphrase: "Businessmen and college professors are the biggest enemies to capitalism". Never heard this before and it fascinated me. I found irony in the fact that "liberals" characterize businessmen as evil conservatives and "conservatives" characterize professors as evil liberals (ughh I hate those two words "conservative" and "liberal". I shutter to think I used them both repeatedly in one sentence)
The aforementioned post spells out the businessmen side of the quote. It is the professor side that I find more interesting. My first thought was professors are liberal and liberals hate capitalism and that is what he meant. Well this is far too elementary and also bad logic depending on how one defines liberal.
Professor liberal = free thinking person in search of academic truth.
Capitalism hating liberal = socialist.
Even if one believes both these "liberals" are the same person, how are they a threat to capitalism just because they hate it?
Here is my second theory:
Professors are highly intelligent, educated, and also dedicate their lives to teaching and learning about an academic subject that most often furthers society. When thinking of solutions for society outside of their own domain, professors might forget that it is rare for a person to posses all three of these traits. A society structured around smart, educated, hardworking, people working towards the common good would look a lot different then one structured towards selfish lazy uneducated people. Capitalism might not be fair or efficient for the former where it works very well for the later. So educated hard working unselfish people (i.e. professors) influencing politics while forgetting that most people are not like themselves could damage capitalism.
I can see that one might see argument 1 being the same as argument 2 but it is the subtlety between the two that I find important.
interesting... I teach (art appreciation!) at the college level, I myself am an artist and a successful business owner( a hair salon of all things-- I work there 2 days a week). I am also a liberal, some have said a radical. My own perception is that my intent keeps my integrity intact... And yes, it's certainly a balancing act.
Like most things, capitalism itself isn't neccessarily the problem as much as our egos and desires can be. I have my business up for sale becasue it doesn't suit my long term goals, but I have every intention of starting a new one with the proceeds! I love retailing and the connections you can make with people--they are as powerful as the ones I make with my students, certainly.
I just have to remember that people are worth so much more than money and I make my business decisions accordingly.
again... interesting!
Posted by: laura murphy | December 29, 2004 at 09:28 AM
Erik- I'm going to quote your post at length to make various comments:
It also should be noted that Friedman considers himself a liberal, and never refers to himself as a conservative. "Liberal" used to be the term for free-market/classical economists as the word is derived from the latin word for freedom. One more reason to shun the labels as they change meaning from decade to decade.
I've been unable to find the quote but to the best of my memory it was from a Reason magazine interview in the early 1970's. That fact alone means that the words of "capitalism", "liberal" and "free-market", had entirely different connotations than they do today. In the early 70's if you said you were for laissez-faire/ free-market capitalism people thought you were nuts. That attitude was prevalent not only in the public in general but especially in the universities. Thirty-years later the trend has really switched. Today, "capitalism" isn't a bad word, while it is now "socialism", which at the time was viewed by many as an optimal form of government, now today is really on the fringe of political ideologies.
At the time, and still today in many regards, liberals (i.e. statists) had a near monopoly influencing the youth that were taught at academic institutions. Even today my brother at U.C. Berkeley (one of the best undergrad econ programs in the country) asked one of his professors to sponsor him for a outside study program in Austrian Economics. Readings included everything from Marx to Keynes but mainly focused on the great Austrian/freemarket economists such as Mises, Hayek, Friedman, etc.
The professor replied that while she would want to do it, she would not be of much use as she had not read any of the works of these free market thinkers. There was only one prof on staf she could recommend who had, even though he disagreed with all of them. He (Brad Delong) ended up being great for my brother... but it does go to show what's being taught in the universities are not the benefits of free-market capitalism. My bother has tons of stories dealing with profs in class and I've got a few more from UCSB to prove this point (and these are just the economics teachers.. not english dept, etc, which tend to be worse).
Erik I think you are really on to something here but I wouldn't be so hard on the non-college profs. (a topic for another discussion might be what is really meant by being selfish).
True implementation of capitalism means that each individual is the most qualified to make the choices how to live their own life, no matter what the "highly intelligent" ivory tower types think. Even if they are smarter, more educated, and geniuses... they still can't tell you how to live your life. That is to be determined by each individual. You're only constraint is that while you can live your life however you see fit, you cannot stop other from living their life as they see fit.
additional thoughts on this in this article:
http://www.econlib.org/library/Columns/y2004/FleischackerSmith.html
One more point from one of you comments:
I'm actually completely against any kind of campaign finance reform. As McCain-Fiengold has proven (as was predicted before it's passage by thinktanks like Cato), these laws can't stop corps from getting money into elections. It's really just trying to solve one violation of our freedom and rights with another.
What needs to be done is to separate business and government. Businesses should not be able to use the government, which has a monopoly on the use of force, for any purpose. Accomplish that goal and there will be no need for businesses to give to politicians.
Posted by: Peter | December 29, 2004 at 08:05 PM
Responses to Peter's in-depth comment. Thanks Peter for the thought provoking dialogue.
Enjoyed the "liberal" definition. Plan on posts defining trying to define the L and C words with a plea for people to stop using them so loosely. "The problem with L or Cs is ... blah blah blah"
Here is rough definition of Selfish - putting ones own interests above others who are in greater need. This is very basic and I would like to do a post with some interesting stories.
How do we separate business from government without campaign finance reform? My campaign finance reform. Plan 1: all campaigns may only receive money from individuals ($2000 max). Plan 2: pay all campaigns through taxes where each candidate gets only a small dollar amount from the government. It is appalling how much money gets blown at election time. NO MORE POLITICAL COMERCIALS OR ROAD SIGNS!
Posted by: Erik | December 29, 2004 at 10:47 PM
Thanks for the kind words Laura. I couldn't agree more with what you said "I just have to remember that people are worth so much more than money". Check out http://economicswithaface.com for some more in-depth points along the same lines.
Posted by: Erik | December 29, 2004 at 10:52 PM
How do you reconcile this with a belief in free speech? Stop political commercials and road signs and whose to say that newspaper editorials and blogs won't be next?
Posted by: Peter | January 03, 2005 at 09:48 AM
You are absolutely right Peter about free speech. But with hard restrictions on campaign spending, campaigns may stop wasting money on both. Of course, citizens could always post signs on their own property. Just please get them off of public land so that I don't have to stare at hundreds of them while driving to work and wonder how they ever get a politician more votes! Then I turn on the TV and wonder the same damn thing when I see the comercials.
Posted by: Erik | January 03, 2005 at 04:23 PM
Liberal = leveller ... a usurper of power to skim off the top while levelling, eliminating all other elites (monarchy, clergy, aristocracy, etc) while making each of the masses equally poor.
Conservative = person who opposes science, particularly political science with its faux claims of using bogus rationalism run by a technocratic elite to make decision for the masses and the rich.
They're not polar opposites, contrary to what those of the stupidity and foolishness have been indoctrinated to falsely believe.
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You needn't be a harmful thinker and don't let the detrimental perceptions involving people (in the event they can indeed be close family, colleagues, or possibly competitors) have an impact on most people.
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Copyright © Michel More overweight
Authorizations So that you can Publish: This document may just be republished during its whole zero cost, into computer files or perhaps design, available apparently along with the required copyright laws along with author’s authors bio box because of experience weblink. Work at home with your web business is rather gratifying. You are now these skipper of the sail boat. You're an individual that will be advice all of the steering wheel. Feel free to use your stuffed fresh ability to bring your business to be a the mega becoming successful.
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Or you will continue your existing function for anybody who is exactly starting your online business and produce a surplus of earnings. Or maybe choose you are business is maintaining to filled performance but you don't need youre tons of employment opportunities any further.
Using the business online you're a person's owner. When you are one's own chief executive officer and being able to calendar your individual work hours you can have the freedom you can do what you dream about when you wish to successfully by using which you expect at any time. It's really a fantastic feel to be in handle of your own private personal life along with manage what you should want if you wish.
You happen to be a net Business owner Next. You are the boss of your respective entreprise. You're the excel at of any path.
Consider your internet online business ought to managed to provide a true organization. Here is your own new job. You're individual that usually takes this choices right at this moment regarding. You can manage the effort without having another individual hinting when you operate and handle your enterprise.
Internet business plan have many amazing benefits, nonetheless you want to get the lots of time to offer to your web internet business in order for you'll savor often the monetary and personal overall flexibility you are looking for.
Should you suppose excellent and therefore aimed at your organisation aim for you may be with the right way toward a prosperous living, that may be guided due to you and you will be lead to successfully significant achievement. I do have treated thousands of people start up their particular your house based corporations using the web. Ultimately, May very well reach recognize two of an excellent elements to get determining people that can No longer go into a home-based business.
If a likely buyer expresses something such as...
"I'm out of cash and wish to ensure some profit...instant!"
or just,
"I are planning to start a work from home, but I [url=http://tatapeta.pl]Tapety download[/url] wouldn't like to put in anything to it right pictures get started making money some funds.In .
...it is certain that they've never "gotten real" and may even definitely not attempt to start a home-based business deep under choose to these circumstances. I check with all of them for the reason that "death sentences" to obtain starting an internet business.
Nearly equally important will be the must have realistic commercial expectations every time mission a home based business. There 's no magic listed here, folks. A home business will provide countless added benefits such being working in the comfort of your own home, staying away from a new high pressure commute, actually being your very own leader, arranging an individual's days, no wear procedure, and., and many others., then again anyone who is also ready for "instant riches" will be the fact is that taken wrongly.
There is a significant numbers of home-based business and thus home work opportunities featured on line. Many of are usually hype and constantly coerce an individual that you are helping to make huge amounts of money in almost no time (you know, things like..."you would be making $5,500 per week, even more, inside of a couple weeks!Half inch). You should reduce all these similar to the problem...should they were being legitimate everyone is definitely lighting up.
Investigation any options really carefully and choose our homes business opportunity that will generally seems to suit your own individual specific design and style or maybe plus points. What is a superb selection for one individual will be a bad fit for another person. The common thread in which is applicable to almost everyone is that you should you should be "for real" (while depicted preceding) along with the business possibility simply by itself have got to be "for real".You want to obtain a supplement Per provider which usually is sold, and even carries efficiently. You would like any situation that citizens choose, no longer a product that young people need. People buy needs well over they're buying demands.
Has to be your companies highly targeted regarding a market offer? Is there a considerable need the idea? Tend to be the purchasers because area huge with regard to items like you? Is he basic touch?
Two. Endorsement
One of the popular crucial elements at the success or failure on the Three way partnership.
You'll have to send any kind of recommendation (proposition) to listing. No clear sales copy type ‘‘endorsement’’.
Often the certification preferably should give the belief that their email list manager is intending to assist you to this man's clientele, not ever easily sell it things. All of the endorser does on the following favor to make sure you his particular purchasers. The dog shut off in the technique these phones offer any of them this specific special offer.
That’s marketing and advertising continuously suggest to a memorable honored refund for the service.
Create the very support familiar was really asking a loved one and therefore person one.
5. Price The Product Or sometimes Solution
The value is possibly that include the price of what's happen to be traded around the catalog. Marketing the latest a couple of hundred dollar program with a subscriber list that’s designed to getting yourself inexpensive systems isn't a strategy.
6. Information on how Specific Is considered the Catalog Since. Your merchandise? Or even Or viceversa?
The harder aimed at, the more desirable. Don’t be ready to earn megabucks should you match a book with toy doll amassing which includes a fiscal publication and / or e-zine. If for example the offer is loads of cash centered, the sale would certainly flop.
There should be exclusions to that idea regulation having said that. Special occasions just like Xmas, Valentine’s Night, Easter . . .. are available as providing explanation to purchasing. Meaning you can complement Not one but two completely unrelated businesses and organizations along with the cope would most likely function.
Different. Union
One other very important factor. Continuously, nearly always sweetheart through list-owners with an excellent romantic relationship with the readers mainly because the much stronger the partnership, the exact more often the validation, as well as the more powerful typically the recommendation, the more earnings you’ll earn. Given that you've a email list, it is wise to improve owning a more beneficial loving relationship with each of your audience. A handful of entrepreneurs contain such outstanding reputations along with love affairs in relation to their client base that they can easily sell almost anything to these people.
A handful of have always been recognized to put up for sale things that were being recharged once or twice more than ones own levels of competition, and then they developed murder advertising online. Achieving this volume of trustworthiness together online subscribers will be one of the names of the games, a single will benefit individuals for years and years to return.
8. Height and width of The List
Frequently associated with thumb, the higher the much better. On the other hand that’s not at all times the scenario. If ever the subscriber bottom level really doesn't trust, or even offers little if any intimate relationship on the checklist seller, doing Joint Venture achievable list rrs going to be ineffective. Whenever you can consider a immense focused on number which has its own awesome love affair considering the quantity user, chances are you'll rather be looking at the fantastic my personal own.
9. Copy writing (Or maybe Duplicate)
Typically the sales copy yet another very important factor. The higher the not likely value (or perhaps client benefit), the greater money you'll certainly be developing.
Nine. Recency
Have the customers not too long ago procured programs within the car a single you’re trying to sell? If that is so, it’s a good warning. The proper leads would be the what individuals paid for over the last 4-6 calendar months. These customers are the just about all responsive. But don’t post earlier than 3 weeks apart from others.
9. Consistency
Accomplish any prospects routinely order items and then options almost like your own? An additional decent join. When they have been often procured stuff like or perhaps a, they’ll want to buying alot more.
Eight. Your “High-Passion Index” Of one's Potential audience
You’ll have got a lot more results supplying individuals that are really believe in custom-made are available. People, one example is, are actually identified by waste minimal performance to simply require a heart stroke and / or dual off from their very own sport.
13. Provides the Sales copy, Cost The system Or Provider, Accessories. Has been Tried?
A real researched sales copy, accessories. will certainly be a much bigger highly profitable than one this hasn’t happen to be tested whatever.
In the event the price hasn’t happen to be used, you're probably getting shedding much inside of sales. It is best to test out to ascertain the amount which is sold one of the most.
Dozen. Can be the Endorsee A Well-Known And therefore Reliable Qualified ?
The greater amount of this device or just specialist owner is definitely reputable and thus accepted as a guru as part of his or maybe the girl field, more the main Joint Venture could have the potential being beneficial.
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Any longer.
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By just Farida Madre
Trademark 2010 GoldenStarEbooks.Do you know that 85% to do with Non Profit Fundraising every single year can be obtained right from redirect individual shawls by hoda donates?
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If at all possible, 1st step can be to cultivate contributors from our network not to mention in comparison to start On line Fundraiser.
How exactly does only one enhance savings?
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2- Make sure of it provides right liquids entry
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5- Make 8-10 poster plank siding symptoms in high-contrast color styles
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7- Obtain loan news, if at all possible
The best ways to List
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4- Always rinse business shower gel, scrub uniforms, and then rinses the two suv
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7- To be able to new or used vehicles with regard to half a dozen hours (Weekend 4:00 to 3:Double zero preferable)
Your main fundraiser’s achievement through aspect. If possible bathe 8 new or used vehicles an hour (one all 10 mins from every different lines), it is possible to heighten $500- $1000 in one day time.
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People who have occasion, buy car wash fund raising evening plenty of publicity insurance from my magazine, or possibly through uploading conditions a few days at the start.
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t) contact number
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the latest) that this business enterprise helps anyone in the community.
ful) that must be typically possible while using help and support (personal also if you don't) from
beneficial many people the same as these guys.
chemical) request share and can include any pre-addressed profit mailer for it to be easy for any donor.
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k) the advisor might expose these to employees, and work out these products truly feel for that father part of the agency. After a you are not selected really feels to become a member of the
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Take into account: Non Profit Fundraising centered on strengthening family relationships.
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