Tags: Capitalism, Economics, Fishing, Free Market, Hunting, Money, objectivism, private property, Walter Hudson
by Walter Hudson – PJ Media – November 27, 2013
Is money really the root of all evil? This Thanksgiving, I may argue that point with my brother-in-law. Our sparring began earlier this week on Facebook, discussing an episode of my Fightin Words podcast where I imagined a world without state-imposed hunting and fishing restrictions. In a truly free market, where government acted only to protect individual rights, our access to animals of value would be assured by market forces. After all, we’re in no danger of running out of turkeys for Thanksgiving, and government doesn’t ration those. So why do we need to ration deer and fish?
I attracted criticism from the Left for “coming out against fish and game laws,” though I would prefer to describe it as advocating for individual rights. The criticism was based on the belief that human greed unmitigated by state regulation enables the hunting of species to extinction. It’s happened before, the argument goes, and must be prevented in the future. My brother-in-law summed up the position like this:
Money kills everything.
Boy, oh boy. There may never be a more concise expression of the philosophies I work daily against.
Tags: Capitalism, Corporatism, Economics, value, Walter Hudson, Wealth Inequality
by Walter Hudson – PJ Media – November 7, 2013
PJTV’s Bill Whittle uses a great illustration that I’m about to shamelessly rip off. Imagine that you work in an office, occupying one of many cubicles. One afternoon, the boss calls you into his office and tells you that you’ve done such an incredible job that the company has decided to provide you with a $5,000 bonus. In that moment, how would you feel? Pretty darn good, right? Your day just got $5000 brighter! Your mind might go straight to what you could do with the money, the vacation you could take, the bills you could pay, the possible boost to your savings or investment accounts. You’d probably swell with pride at the recognition you’ve earned and head out to tell a friend and co-worker the great news. He would listen intently, then smile and tell you that he and everyone else earned a bonus too — only theirs is $10,000.
Now how do you feel? What only a moment prior was overflowing joy and celebration instantly metastasizes into something wholly different. You actually feel worse than you did before getting an extra $5000. Instead of thinking about what you can do with the money you got, you think of what you could have done with the money everyone else got. From a dark place, you acknowledge that you’d rather see no one receive a bonus — including yourself — than see others get more than you.
Tags: Apple, business, Capitalism, Christianity, gadgets, Homeless, iPhone, Los Angeles, objectivism, religion, Scalpers, Scalping, smart phone, Technology, trade, value
by Walter Hudson – PJ Media – September 23, 2013
“That is just wrong,” posted one commenter in response to a story out of Los Angeles which raises vital questions about the morality of the market. From Ubergizmo:
A businessman in L.A. took scalping to a whole new level, when he picked up about 100 homeless people from Skid Row in Los Angeles. He promised to pay them if they waited overnight in the line outside Apple’s retail store in Pasadena, California. Since Apple allows customers to purchase no more than two units, he would have had 200 iPhones, all while paying each hired hand $40 for the trouble.
The operation did not proceed as planned. When the employees within the iPhone store heard what was happening, they refused to sell to the hired buyers. The scalper then refused to pay those who were unable to deliver iPhones to him. That upset the homeless crowd and aroused a disturbance which prompted police to escort the scalper away for his own protection.
Tags: business, Capitalism, Fast Food, Free Market, junk food, McDonald’s, Minimum Wage, Self-Service, Strke, Touchless Cashiers, Walter Hudson
by Walter Hudson – PJ Media – August 13, 2013
While she does not explicitly say so in her report of new tech developments in the fast food industry, CNET blogger Amanda Kooser seems to disapprove of self-service checkouts. She writes:
McDonalds recently went on a hiring binge in the U.S., adding 62,000 employees to its roster. The hiring picture doesn’t look quite so rosy for Europe, where the fast food chain is drafting 7,000 touch-screen kiosks to handle cashiering duties.
Kooser calls the move “another blow against human interaction.” It doesn’t take much to imagine Occupy protesters lamenting a successful corporation destroying good entry-level jobs.
Tags: Capitalism, Career, objectivism, Self-Improvement
by Walter Hudson – PJ Media – August 10, 2013
Is the above quote true? Should you do more than you get paid for, hoping that you will eventually be paid for more than you do?
While it may at first sound like an expression of good work ethic, this quote proves not only incorrect, but dangerous. People who take it to heart could find themselves stuck on a path to nowhere.
Certainly, we make all manner of investments which do not produce immediate or guaranteed returns. Education, advertisement, and capitol improvement each come to mind. Internships and apprenticeships involve work for little if any pay while students develop their skills in a practical environment. But none of that really amounts to doing more than you get paid for in hopes of getting paid for more than you do.
Tags: board game, Capitalism, Monopoly, Walter Hudson
by Walter Hudson – PJ Media – August 7, 2013
Is the real economy like the board game Monopoly? We can pick out particular similarities, such as the instance cited above. The game’s banker does issue an unlimited amount of paper money which has no inherent value. For the most part, however, the comparison falls flat.
Last year, two leftist authors used the board game as an analogy for “the danger of raw, unfettered capitalism.” Published at Truthout, Thom Hartmann and Sam Sacks paint a dramatic picture of how the cannibalistic final rounds of a Monopoly game model both the recession of 2008 and a larger economic collapse yet to come. They argue that a high-concentration of wealth in the hands of a few initiates an economic collapse as an endless quest for profit drains consumers and ultimately deprives even the rich, ending the game.
Tags: Capitalism, Development, Elysium, environmentalism, Matt Damon, Sanitation, Water, Water.org
by Walter Hudson – PJ Media – August 2, 2013
Try as I may to give the upcoming Neill Blomkamp sci-fi actioner Elysium the benefit of the doubt, the more I hear from star Matt Damon, the more I stand convinced the film could have just as easily been titled Occupy Space Station. Promoting the project on the Late Show with David Letterman this week, Damon joked about his 2012 flop Promised Land, a film produced on the presumption that American audiences love a good yarn railing against oil fracking. “You and I are the only ones who saw it,” he told Letterman after the host claimed to have liked the environmental tale.
Naturally, when one movie preaching against the evils of capitalism and development fails, Hollywood tries and tries again. Damon describes the forthcoming Elysium as an attempt to cloak the social commentary of Promised Land in sci-fi garb. Truth be told, the tactic may work. The science fiction and fantasy genres boast a long history of controversial social and political themes going back to 1951′s The Day the Earth Stood Still. Stick forehead ridges or antennae on a painted head and you can recast real-life tensions with alien stakeholders, lowering audience resistance to embedded ideas through making the players unreal.
Tags: Alternative Energy, Capitalism, Cars, Futurism, Movies, science fiction
by Walter Hudson – PJ Media – July 19, 2013
Here’s my elevator pitch for a modern follow-up to Back to the Future. Since this is likely the only place it will ever be expressed, I am willing to waive any shot at a story consultant credit.
The year is 2015, our 2015, the one we tick toward now, unremarkable and mundane. We don’t watch holographic movies. We don’t eat rehydrated food. And we certainly don’t commute in flying cars. Of course, most of us wouldn’t expect to be doing any of that. But one among us does, one who years ago glimpsed a future very different from our present. For that man, Martin Seamus McFly, the world is wrong. Ever since a tragedy which first triggered his suspicion that the future was not unfolding as it should, McFly has become increasingly compelled to find out where and when history went off the rails.
You can imagine where the tale might go from there. Suffice it to say the disparity between how 2015 was imagined in Back to the Future Part II and how it has manifest in real life would be the catalyst for brining the band back together.
Tags: Capitalism, Ilum, liberty, Market, Star Wars, SWTOR, The Old Republic, Walter Hudson
by Walter Hudson – PJ Media – July 11, 2013
Not too long ago, on a server far, far away, I marveled at the cooperation between sworn enemies. Pitted against each other on the frozen planet of Ilum, Jedi and Sith extended each other a civil courtesy, working together toward mutual benefit.
This unlikely truce occurred in the massively multiplayer online game Star Wars: The Old Republic. Set thousands of years before the films, the game welcomes players to create characters loyal to either the Jedi-guided Galactic Republic or the evil Sith Empire. Players spend hours progressing their characters to a level cap beyond which the focus of gameplay shifts to large scale cooperative operations and player-versus-player combat between the two factions.
The developers designed Ilum as a stage for the latter, an open world player-versus-player environment where Republic and Empire funnel into close proximity. The design presumes that members of the opposing factions will attack each other on sight, simply because they can. However, that commonly does not happen. Jedi and Sith often leave each other alone, going about their respective business.
Tags: Capitalism, Elysium, Immigration, Occupy Wall Street, Walter Hudson
by Walter Hudson – PJ Media – July 5, 2013
We say you should not judge a book by its cover. However, when you have nothing else to go on, the cover will do. In film, our first impression takes shape from promotional materials, the most descriptive of which tend to be trailers.
From what we have seen so far from Neill Blomkamp’s follow-up to his 2009 breakout hit District 9, he appears bent on further developing that film’s none too subtle social agenda. The official synopsis of Elysium:
In the year 2154, two classes of people exist: the very wealthy, who live on a pristine man-made space station called Elysium, and the rest, who live on an overpopulated, ruined planet. The people of Earth are desperate to escape the crime and poverty that is now rampant throughout the land. The only man with the chance to bring equality to these worlds is Max (Matt Damon), an ordinary guy in desperate need to get to Elysium. With his life hanging in the balance, he reluctantly takes on a dangerous mission – one that pits him against Elysium’s Secretary Delacourt (Jodie Foster) and her hard-line forces – but if he succeeds, he could save not only his own life, but millions of people on Earth as well.
In the trailer, we see Foster’s Delacourt order the destruction of several “undocumented” shuttles carrying illegal immigrants from Earth to Elysium. Clearly, we are meant to connect the imagery to real-life immigration scenarios. Like Cuban refuges braving a 90 mile trip in small boats for a taste of the American dream, the space-bound huddled masses of Elysium risk life and limb to escape untenable circumstances.