Posted on 01/06/2008 10:24:37 AM PST by unspun
It is ironic when some who otherwise believe in republicanism forget that a republic is maintained by checks and balances, nation by nation. As James Madison reflected that men are not angels, he and his republican contemporaries never envisioned that incorporations of men should be regarded as somehow living on the angelic plane, free of the constraints of mankind's civil socieity.
And when an incorporation of men purports to be "multinational," or even "global" (read, extranational) then even more attention must be paid by nations of free men, in order to prevent encroachments of tyranny, whether that tyranny comes by trickle or flood.
(And we should not let Democrats such as Sherrod Brown take the moral high ground on such principles, where Republicans used to be and should be now.)
-bflr-
What high moral ground? Do you think restricting trade is moral?
You must think Smoot Hawley was the most moral piece of legislation ever.
The book was obsolete as it rolled off the presses.
Of course, in exceptional cases...
...when it involves and supports slave trade.
...when it transfers business ownership to foreign interests
...when it profligates America's means of production
...when it brings down Americans' economic opportunity.
...when it brings down Americans' atandards of living.
...when it brings down America, as George Soros would have it and his globalist friends are "fine with."
So did our fouding fathers. So did Abraham Lincoln. So do originalist Republicans.
Red herring. Smoot Hawley was a gross overreaction.
That book explained universal principles in this world.
Now, if by obsolete you mean basically mistaken, you can refer to the foreign philosophy of the Anti-Stalinist Russian reactionary and moral revisionist, Ayn Rand. In the opposite direction from Smoot Hawley, another gross overreach.
No. Out of date and inapplicable to anything in the world.
I don’t find that principles ever go out of date, whatever the current world affairs — hence the words principle and current.
They become irrelevant.
I think the lesson to he and us is that “Corporatism” is not the same as Conservatism. Those corporations allowed to do business in the USA must pick if they would be American or based in another nation, then tax policy can be set accordingly, as well as all CORPORATE WELFARE must be ended as well as unfair regulations that stifle competition! That would be a truely free-market (arena) in which many can prosper and the invisable hand can exist!
I think the lesson to he and us is that “Corporatism” is not the same as Conservatism. Those corporations allowed to do business in the USA must pick if they would be American or based in another nation, then tax policy can be set accordingly, as well as all CORPORATE WELFARE must be ended as well as unfair regulations that stifle competition! That would be a truely free-market (arena) in which many can prosper and the invisable hand can exist!
Is this database freezing up again?
They become irrelevant in the minds of people who neglect principles.
Nobody reads Wealth anymore. Mobody ever did. It’s a classic and it’s irrelevant and useless.
Read what you like, the principles that Adam Smith expounded upon are what matter.
Do oil barons or other world leaders read Wealth? Clue: if it had any use at all they would.
Oil barrons, probably not.
World leaders — probably yes, if they have had a classic, Western education — at least excerpts (you know, it’s video age).
Now, I doubt very many of them read the Bible, either. They probably don’t even get the “Limbaugh Letter.”
Wealth is actually on my bookshelf and will be read again after other more relevant books. Wealth should be revised and republished so it has something to do with the past 150 years. Veblen is far more useful.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.