If only someone like the cranky economist would explain why I am supposed to be troubled—as per Bob Herbert’s instructions—by small downward ticks in unemployment figures for age groups who are either required by law to be in school full time or just likely to be in school full time.
Also: Herbert ends his cold-water column on the latest jobs report, which showed unexpected growth in several areas, with an amazingly stupid Louis Brandeis quote, an especially valuable fatuity for its perfectly distillation of the left’s obsession with wealth. Said Brandeis: "We can have democracy in this country, or we can have great wealth concentrated in the hands of a few. But we can’t have both."
As if the purpose of democracy were to equally distribute wealth! As if equality weren’t in fact the enemy of all wealth! You want material equality? It’s available and it’s called universal poverty.
As if the equal distribution of wealth makes people more rather than less free, and political systems more rather less democratic. As if! As if! A hundred as if’s! It’s quite rare to read something so grand-sounding and completely reprehensible. Shortly after the fall of the Soviet Union, with North Korea still a going concern, and Castro alive, how can an intelligent person say such things?
18 hours ago
3 comments:
I wouldn't necessarily jump to the conclusion that either Brandeis or Herbert is all that intelligent ...
Every time you read Bob Herbert you lose two IQ points. His regular readers are now the equivalent of cabbage.
The truth is that Brandeis' comment was not without merit in a time where the wealthy were a relative handful who prospered from labor so severely underpaid as to be effectively barred from upward mobility. In that environment, an argument could be made that capitalism was just slavery with a fig leaf.
In today's reality, that quotation is an absolute anachronism.
Today we have over a million millionaires in a population of three hundred million. And there is virtually no one barricaded by exclusionary cadres or straitened circumstances from rising to the level of his competence.
Our current version of poverty includes two TVs, an air conditioner and a car - not to mention military and college recruiters camped out on the front lawn. Democracy aplenty here, even for the rarefied tastes of Judge Brandeis.
Bob Herbert, you're a dope.
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