While it would be easy to dismiss the "Occupy Wall Street" protesters as little more than hippies, druggies, and union thugs, the fact remains that there are some younger folks in these mobs who might very well have the mental capabilities to one day become solid contributing citizens. The only problem is that they've been negatively influenced by popular culture, by their "education", and yes, by those hippies, druggies, and union thugs who have shown up at these protests. Frankly, we have allowed these young people who would otherwise have so much potential to have their views of fairness and capitalism to become corrupted by those to whom their ultimate goal is to remove capitalism and fairness from America.
Therefore, since there are some young people within these mobs who have some "potential" in life--if only they could be exposed to common sense viewpoints on capitalism and fairness--I've decided to do my part to help these few among the mobs who have that potential. These unfortunate victims of popular culture and the educational establishment have likely never been exposed to people like Milton Friedman. They've likely been repeatedly told that the "New Deal" of FDR ended the Great Depression, when in fact it prolonged it. They've likely been told that LBJ's "Great Society" was the catalyst for tremendous growth within the minority community, when in fact these types of social programs have done far more harm than good to those of minority persuasion and those who are poor.
In other words, these kids have been lied to all of their lives--how can you possibly expect them to recognize the truth when they finally hear it?
It is with this in mind that I'm providing some video clips of some of the great thinkers that our nation has ever known when it comes to these topics. I know this won't "turn around" these misguided youth overnight--but it may provide those initial seeds of thought within their minds which hopefully will lead to a further examination of their opinions of capitalism and fairness. One doesn't undo a lifetime of miseducation in one blog post--but one can at least open the door towards challenging those misguided beliefs about America, Capitalism, and our Culture that so many young people have been poisoned by.
So with that in mind, set down your protest sign, pick up your laptop (for all the protests against capitalism, there sure seems to be a high number of laptops and other mobile communication devices at these protests, amiright??), and watch these great thinkers discuss many of the ideas and institutions you are "protesting" against.
Let's start with legendary economist Milton Friedman discussing the very idea of Greed. In this appearance on The Phil Donahue program back in the 1970's, Friedman is asked a series of questions by Donahue that are likely quite similar to the questions many of you are asking of society through these protests. You might find Friedman's take on the concept of "greed" to be surprising and a bit enlightening:
Along similar lines, here is noted professor, economist, and writer Walter E. Williams discussing the fact that greed does not work against social responsibility, but instead that our greed usually leads us to take the most socially responsible actions:
What about the concept of "fairness"? Isn't it--according to those in these protests--somehow "unfair" that the rich have what they have, while others don't? Perhaps it is...but it is only because *nature* is "unfair" in how we are created. And it is this unfairness that defines the talents and capabilities that each of us have as individuals. Milton Friedman explains:
So, since nature is unfair in terms of what our talents are or what our capabilities are (and since the differences and inequities of wealth that we see are largely a result of this), shouldn't it fall to the government to redistribute wealth so that we can all have "equality"? Walter E. Williams doesn't think so, and here he explains why such government-mandated wealth re-distribution (an increase in which is exactly what the Wall Street protesters are advocating) is nothing more than theft, and therefore is deplorable:
Not to be outdone, here is a clip of Friedman discussing wealth redistribution--specifically his argument about what would happen if a 100% inheritance tax were established, and all incentive to accumulate wealth and pass it on to future generations were destroyed (and again, notice how similar the young man's question in this video is to the rhetoric you are hearing out of the protesters today):
And here, Friedman specifically discusses whether government has any sort of responsibility towards the poor:
So what if you are poor? The position of most of the Wall Street protesters is that those in poverty (or even in the middle class) are somehow trapped on a treadmill of poverty from which they can never escape. But is this really so? Walter E. Williams doesn't think so, and in this clip, he provides a fairly straightforward plan for how anybody can avoid poverty:
So, protesters, there you have it. A different (and I would argue, a more sensible) viewpoint on economics, "fairness", wealth redistribution, and poverty. You won't hear this from the hippies, druggies, or union thugs protesting alongside you. You won't hear it from your teachers or college professors (many of which have been misguided over the years by those who wish to punish and vilify success, just as they have tried to do with you). There is no shame in wealth, or even in greed. The government has zero responsibility to insure any level of fairness or equity. And no matter how poor or disadvantaged you are, you--and you alone--can change that aspect of your life. Now put down your protest sign, join the rest of us in "Capitalist America", and realize your full potential at last!
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