Cash for Bankrupt Old Physiocrat Ideas
It was "cash for clunkers.” Now its washing machines.
If destroying property creates wealth, (it employs autoworkers and auto dealerships--and now appliance manufacturers), why not just ante up, drink deep the magic potion of recovery-- and torch all the cities in
I NEVER imagined that when we bombed
All this, of course, is a pathetic reincarnation of the economic stupidity that extended and deepened the Great Depression. The New Deal Democrats PAID farmers not to grow crops or raise hogs. They supported dairy prices by pouring milk down gutters. Democrats never learn. Or what I should say is-- arrogant elitists never learn.
Theologically, Obama holds to a hybridized idea--the idea that wealth can be created but is really part of a zero sum-game. Christians, on the other hand, unenthralled with the pseudo-intellectualism of Continental Philosophers realize that being made in the image of God (The Imago Dei) means we CAN and DO create wealth with almost no physical contribution of matter! (An example is a motion picture, or computer program or the designing of a super-computer; the total value of which is almost entirely derived from the non-physical component.) Obamanomics, is but the intellectual atavism of scientific socialism. The idea of the zero sum game of physicalism, or more precisely, its economic grandfather, monarchial physiocratism. These ideas have their origin, first in monarchy, then mercantilism, then laborite Marxism and now a kind of childish populism. It is the notion that physical stuff, here LABOR, and labor alone, creates value, and therefore men put to work create prosperity (i.e. wealth).
Wrong. DEMAND creates value. The best example of this is a theological example: if God loves you: you have value; the moment God hates you, you are utterly without worth or value.
Value is a spiritual commodity. Wealth is the creation of work, both physical and intellectual, directed by human desire--an invisible, metaphysical thing. This is why philosophical naturalists, and Marxists do not understand the "first things" about the world that we live in. All they see is physical stuff. Whether evolution or economics, they cannot see the invisible components of design in the world that we live in. Most (but not all) of the universe of men and things is invisible and non-physical. Invisible things like moral hazard.
The things we desire and work for in life are ulimately the source of our wealth. If you do not want or desire certain things, they have no value. (I am speaking of commodities and not things of intrinsic value, like human beings or freedom.) When government creates artificial demand for something--something that people really do not want in proportion to its cost, people labor to create worthless or wrongheaded things like: yap rings, pyramids or collect plastic bottles for enviromental recycling centers. The cars that were created were not desired, and the cars that were destroyed were declared worthless, by government subsidy. As soon as the fiat of state subsidy ends, those old cars would have been a more exact expression of the true value of automobiles proportionate to our effort to own them. But the old monarchists are back, and the witchcraft of statism has prevailed.
The Democratic Party is not so much an ideological camp as a party of arrogance unbounded by the wisdom of history or experience, untouched by the assumptions of Christian theology. That camp of monarchists and physiocrats feel they are so smart that history, wisdom and experience are irrelevant to their utopian visions. For them, true sovereignty is to command the invisible world through the agency of physical things. That is what magic is. That is what materialists are.
Obama and the Left are in reality, just old refitted mercantilists and monarchists whose theology is the theology of Pharaoh and the brick-pits of





Comments