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EDITOR OF REDSTATE

Greed & Hippies Properly Understood

About the only thing these hippies, hipsters, senior citizens who never grew up, and college trust funders out protesting can agree on is that greed is bad. They want the whole capitalist system pulled up by the root and replaced with something else because of greed.

What they either do not understand or choose to ignore is that greed is not a capitalist invention. Greed exists because people do. Greed exists in capitalist societies, socialist societies, and communist societies.

All men are created equal and all men are born into this world as sinners. One of those sins is greed.

The few people who claim to be without greed are typically greedy for the praise of others or full of pride at not being greedy. Pride is a far worse sin than greed because pride is the root of most every sin.

But of all the varieties of greed out there, what the hippies do not seem to understand is that greed in a capitalist society is far less pernicious than the greed in the systems they advocate, be it socialist or communist.

Greed in a capitalist system takes the form of money — lust for it, the acquisition of it, and the hoarding of it.

Greed in socialist and communist systems takes the form of power. Just as a CEO has a house in the Hamptons while his workers make vastly less than he does, the Politburo member has a dacha on the Black Sea while his constituents wait in a bread line half starved.

In a capitalist system, one can take a risk, dare to compete with the greedy 1%’er, and quite possibly become one of those 1%’ers. And when unable to do it alone, a group of people can pool their money together and compete with the rich.

In the communist system these kids are advocating, the powerless cannot compete with the powerful. And it is hard to pool power together to compete against power, because while a CEO might be able to pull off a hostile take over of your company, the greedy communist can kill you with his power. One can escape a CEO of one company for the CEO of another company or become their own CEO. One must go under barbed wire and dodge bullets to escape their communist masters.

What these dirty urban hipsters want is a form of greed themselves. They don’t want the rich capitalist to have his money. The hipsters covet power. They are greedy in their own way for their own power. They want the power to set the salaries of the CEO and determine, based on their own sense of fair play, what is and is not fair and what is and is not just.

What the hipsters want is far more dangerous than what the top 1% in this country have — the hipsters want the power to control all our lives through force of government. The capitalists just want to sell us things.

There are very few, if any, capitalist systems that tend toward totalitarianism because of competition and the ability of money to flow to others as monopoly enterprises become inefficient and collapse. Socialist and communist systems tend to become totalitarian over time because power, unlike money, is much more easily hoarded.

In a capitalist system there is greed. But that greed necessitates the capitalist produce a good or service the rest of us want. And we can always say no. There is no saying no to the communists.

And the hipsters want us to be unable to say no to them.

Communists, socialists, and capitalists all have poor people in their systems. But the odds are greater that more people are poorer and hungrier the further removed from capitalism they go. And in all, there is greed.

COMMENTS

  • davesinsanantonio

    the ?great aphrodisiac?, it is also one of the strongest and most addictive of temptations. Of course it corrupts, but it also appeals to the ego in saying to the individual who seeks it, ?yes, but I am strong enough to not be corrupted?. So, the one most corrupted by the lure of power convinces himself, or herself, that ?not only am I the best because I cannot be corrupted; but also I am smart enough to not be caught; and I am so needed in power that I cannot leave it, or it will fail without me.? How delicious power is to those who crave it. And having some, but not as much as they crave, is the most corrupting thing of all! – David E.Shaffer

  • lilium

    Excellent job Eric.

  • sowa1

    leave the U.S. and fly to a non-capitalist country to live. I don’t believe any of them know the difference and once they live there for a few years they will gladly want what we have in the United States.

  • vanzorge

    extended the zuchotti park permit indefinitely, and i think that that is a good thing.

    nobody here in the city even cares what they are on about. let them sit there in the rain and the cold, taking handouts of food, condoms, sleeping bags etc etc. they are being exposed for the parasites that they are. of course they want nothing less than a confrontation with the police so that they can scream police brutality.

    let’s not save them from themselves. let them sit there.

  • surfcat50

    There’s not much else to say but a posting requires a comment so I’ll say again; nice work, Mr. Erickson.

  • Next93

    Capitalism has been around for centuries, and was responsible for both the Industrial Revolution and the Information Age; the former was responsible for the biggest single improvement in human living standards since the invention of agriculture, the latter is still changing the world in ways we don’t yet understand. It’s worked well (if imperfectly) up to the last couple of years. It’s helped to bring about the advent of consitutional democracy and the disollution of the aristocracy.

    Communism has been around for a century, and has directly taken the lives of 10s of millions of people, produced nothing, and lowered living standards for all but the highest elites. It’s NEVER worked well. It’s brought about consitutional autocracies and the establishment of a new aristocracy.

    Or, to be a bit more simple: On i’s worst day, Capitalism is a roaring success. On its best day, communism is an abject failure.

  • kdoc

    Reminds me of a book years ago by Helmut Schoeck, “Envy.” He distinguished between “coveting” and “envy” this way: Coveting is when my neighbor has a Mercedes, I want his Mercedes, and I’m willing to steal to get that Mercedes. However, envy is when my neighbor has a Mercedes, I don’t have one, so I firebomb his Mercedes so he can’t have one either.

    Schoeck pointed out how envy leads to the ruin of a culture. No one wants to get ahead or to gain any type of wealth because they are then subject to envious attacks (physical attacks, Voodoo doctor hexes, etc.). Why succeed? I’m better off if I stay just barely (and imperceptibly) above the poverty line.

    The OWS is symptomatic of our whole culture being taken over by envy. “See those rich people? They need to be brought down.” Not “See those rich people? Don’t you want the opportunity to be like them?”

  • redneckthinker

    Very well said, Eric. Let’s remember that Capitalism isn’t really a system; it’s just what we call it when people freely cooperate in the production and exchange of goods and services. In its pure form it’s natural and unhindered and beautiful.

    To the malodorous drum-pounding neo-hippies who claim to hate greed I ask, “Which better exposes greed: the expressed desire to keep what one has earned OR the desire to have what belongs to another?”

  • harshlightoftruth

    That’s not happening. Take the corruption out of Wall St.? That’s more possible. The US government needs to enforce the law and stop bailing out bad behavior. Capitalism isn’t the problem, though no earthly system can be considered flawless. The problem I see is socialized risk paired with privatized profits. If that’s their message, I’ll climb on board that train. Cato had something to say along these lines as well.

  • barrowmrb

    ALL THIS ANTI-AMERICANISMS ARE TAUGHT DAILY IN OUR
    SCHOOLS, COLLEGES AND UNIVERSITIES.

    IT IS TIME TO RID THE PARASITE TEACHERS FROM THEIR
    POSITIONS.

    JUST BECAUSE THEY HAVE A UNION DOES NOT MEAN THEY CAN TEACH OUR YOUTH, ANTI-CAPITALISM, ANTI-AMERICAN AND COMMUNIST THOUGHTS.

    REMOVE THEM NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • neverforobama

    Whenever I meet some misguided ninny going on about the wonders of socialism and communism, I only have one comment, “If those systems are so great why do they ALWAYS have to be implemented by force?”

    Whereas, capitalism breaks out naturally everywhere because it works.

    Even in all the Communist countries that these hippies so admire, you can always find a capitalism-based “black market” for consumer products.

  • circlegranch

    The small group of ‘occupants’ trying to change the world starting at the base of Pikes Peak have camped out at a downtown city park since Friday. They are defying police orders to stop overnight camp-outs., yet they’ve set up tents and spread the wealth of their garbage and debris all over the place. Their dogs are tethered to park benches and are not being cleaned up after. Police warned they would ticket campers starting last night at 11 pm but backed off; maybe that’s because the occupants have lawyered up The same scenario is occurring in Denver. As long as laws are not enforced, these kids know they can wield intimidation and have it work. Meantime, downtown businesses suffer because patrons don’t want to step over bodies on their way to shop or have lunch.

  • Common_Cents

    they’d come home with a new appreciation for America.

  • Change Jar Conservative

    It appears the hippies are planning a press conference.

    He said:

    “Wait. The people who are totally against corporations are planning a press conference where they expect to be listened to by all the big media corporations?”

    I think his point is a strategy. Just ignore them completely and maybe they will go away.

  • notinkansas

    they are still Americans and living in a communist country – they still get all of our benefits of receiving pay, traveling where they want etc etc We lived in China nearly 3 years and other than not getting youtube and facebook (which we figured out how to get around), the chinese people cannot do that. Foreigners get every benefit but none of the issues that the Chinese people have to live with due to their government so they do not feel the pain of the people living under Communism.

  • notinkansas

    but if the media would just ignore them, they would eventually go away.

  • remymarco

    It boggles the mind that anyone that has seen this crisis evolve and have watched the protests would simplify their cause into one theme; Greed. This article is absurd and completely off the mark, so much so that its purpose is not to inform but to misinform and obfuscate.
    These people are protesting the rigging of the capitalist system. The uber rich represented by wall street have bought, bribed, cheated, swindled and conned us and the politiicans they have in their pockets that do their bidding.
    The financial crisis that destroyed this economy was the direct result of deregulation that gutted govt oversight. The power elite that refuse to pay taxes and have convinced many on this website that unlimited wealth is a good thing for society are the ones to blame for creating the crisis and profitting from it. That is the outrage!! You too should be outraged because these criminals, and they are nothing less than criminals, are picking your pocket too. Let’s lay blame where it belongs, not on the protesters but on the grotesquely rich power brokers who own most of the wealth in this country and the middle class disappears. You will and try to blame anyone else I am sure. Its the govts fault, no it is our fault, it is the protesters fault, it is the communists fault, etc. You are kidding yourself, it is those that are laughing in their ivory towers that have taken the bailouts and run who are to blame. End of story. We should ALL be protesting!!

  • Common_Cents

    He was on Phil Donahue 30 years ago. Every American should be required to watch these videos. Here is a short clip.

    http://youtu.be/RWsx1X8PV_A

  • Common_Cents

  • Ann_W

    It’s a voluntary exchange when I value what the capitalist makes more than I want that amount of money.

    The only involuntary exchange is when the govt forces us to give money to businesses, like the banks in TARP. So that’s the only one I agree with you.

    As long as the govt stays out of the business of giving money to companies (Solyndra, GM, etc.) capitalism is the best system to make sure everyone has the opportunity to work hard and earn a good living.

    Forcing everyone to give money to the govt and they give it back to people who deserve it does flatten the difference in earning, but it just makes everyone poorer. And it makes the greedy govt people just be the ones with the money and good life– see Cuba, Venezuela, etc.

  • jazurell

    Outstanding, Eric, outstanding!

  • Ann_W

    Such a wise man!! Thanks, I needed a reminder to show my kids this video.

  • Ann_W

    Thanks for this diary. It makes me think of an example of non-capitalist greed in a book I read recently. The book “Forsaken” (Sorry, too dumb to underline here) was the best book I’ve read in a long time. It was about American Communists who emigrated to the Soviet Union in the ’40′s (maybe ’30′s, not sure), and their fates. Unbelievably compelling story, you all should read it. Maybe I’ll write a diary about it sometime.

    One little story stuck in my memory. When Stalin’s purges were going strong the regional councils just got lists of people to be rounded up each week for their “crimes” against the country. A typist was typing up the weekly list. She discreetly added the name of her neighbor to the list. Then after her neighbor was arrested (most were eventually killed) she was able to move into his bigger apartment which she had always coveted. No greedy CEO could do that to you. Greedy powerful governments are much more dangerous.

  • wonkish1

    Not even close. It was him that advanced the ideas that started the path away from ever increasing control of government around the world.

    It is a worse world without him with us.

  • JSobieski

    the fact that he looks so much like my dad in that video is simply a bonus!

  • Next93

    The Twin Cities media has a real inferiority complex, and any time they can tie in to a national story (“the minnesota connection”), they leap at the chance. So the 200 or so communists who were able to peel themselves away from Mommy’s couch are getting daily coverage.

    Personally, I think this whole “occupado” movement will end as soon as the next version of Halo is released.

  • Next93

    That’s the same question I keep asking – “if you think this is such a good thing, why not convince individuals to contribute, rather than using tax money that’s raised under threat of force? Does your sense of compassion really need to be backed up by a police and military force?”

  • BA Cyclone

    Very well said, Erick.

    It might have been said by Milton Friedman or someone else — maybe Hayek who I’ve read recently — but it’s rather a feature of capitalism that successfully neutralizes greed, in large part. It uses the human nature of everyone’s greed against themselves in society, for the benefit of the whole society.

    Speaking in generalizations — nobody has each person’s best interests at heart more than that person. If that person does what is best for themselves, they will ultimately choose what best fits them and their situation. This makes the whole thing sound selfish and greedy, but when 300 million people and the organizations they associate with do this as a society, that is what makes capitalism the most powerful way to organize a society and its government. If everyone ultimately does what is best for them, then my neighbor succeeds to the extent that they choose and so do I.

    Rather it’s people who literally covet their neighbor’s property and want some 3rd-party source to give them “success” without actually earning it — they are the ones who resort to memes against capitalism. They associate “greed” with capitalism and want to use the fake nobility of government to take their neighbor’s earned property for themselves…when in truth it is their own form of greed that manifests in choosing that alternate system.

  • msctex

    To a Leftist, Greed actually means wanting to keep what one earns, while not being compelled by government to “share” with the masses. This also involves a mental abolition of the very idea of Private Property, as well as a tacit assumption that all “Good” people want to be involved in such a world.

    The point being, as Orwell tried so hard to make clear, that Language can be lost to the enemy while people still speak the same tongue.

  • Common_Cents

    Everyone needs to see his videos, even if it is the short cut I posted on Donahue about greed and forms of government. He cuts right to the bone.

    Candidates would be smart to embrace Friedman’s messages and educate voters. Milton would be a big help to any campaign. Just make sure there are no references to Thomas! LOL

  • Common_Cents

    That has to be worth something.

  • funwithknives

    go to the aircraft graveyard at Davis-Monthan,Az., and find some *real peaches* to fly them “over and out”.
    I volunteer to paint ‘em up, to look just like new. Get some edumacated/ degreed professionals to fly ‘em, “…it can’t be That Hard!”
    Finally, say Buh-Bye!

  • funwithknives

    Implosion does your opine no favors. Gov’t meddling in financial markets, mortgage markets being mandated and then given a way out using taxpayer money, flooding us with cheap dollars, Gives counterpoint to your one -sided accusation that: “… it was ALL due to de-regulation…”{i.e .The direct result}
    There were no primary causes, only many of them. Profits were kept and losses were socialized.( that’d be your and my dollars, friend)
    The blame you say the protestors are getting is basically not being coherent. Of being unable to articulate,and only recognizing part of a problem, renders you and yours impotent, intellectually.
    When you all come for me and mine, bring lotsa’ Band-Aids, Bactine(R), and weapon reloads. You’re gonna need ‘em{, and those are capitalist products by the way}
    OH and by the way we on this service are protesting just fine, thanks. and we know how to do it , with style! {can you spell Porta-Potty?} Say HIGH to all at the CP/USA for us.

  • kenchely

    They want to picket the Upper East Side? Well, it couldn’t happen to nicer people.

    It’s the Upper East Side of New York where the rich gathered in fashionable salons to bundle money for that nice young Harvard lawyer who was going to bring hope and change–such a change from that oaf from Texas or that saber-rattling veteran from Arizona, not to mention that horribly plebeian governor of Alaska.

    The 14th New York Congressional District has reliably elected liberals, uninterruptedly, since the retirement of Frederic Coudert at the end of the 1950′s. A few of its congressmen have been Republicans, but all have been liberal–Lindsay (R), Kupferman (R) Koch (D), Green (R); the present representative is arch-liberal Carolyn Maloney.

    The Hamptons (1st NY), Westchester County (18th NY), Fairfield County (4th CT), the Philadelphia Main Line (13th PA), Montgomery County, Maryland (8th MD), the richer Virginia suburbs of Washington, DC (11th VA), Malibu (23rd California), Hollywood/Beverly Hills/Santa Monica (30th CA)–these are insanely rich districts, all held by not only Democrats but very liberal Democrats.

    The rich bought this; they are getting what they paid for.

  • remymarco

    They are not “totally against corporations,” they want accountability for the trillions of dollars that those on Wall Street cost the american taxpayer by tanking the economy. You need to stop twisting reality to fit your bias.

  • lizaz

    greed for free money,but they won’t admit it.

  • malcolml

    I suspect that many of the protesters are just regular folk-they don’t seem anything out of the ordinary. Maybe we should just see where it all goes. I personally think there is some validity to what they say. Are we so far apart that we have to loath each other over opinions?
    MalcolmL

  • uselogic

    “Two lucky people” Good stuff. Comparing their tale to the stories from my parents. Learn history, get economics lessons and see the folly of overblown government institutions from their eyes.