Friday, May 12, 2006

Hayek's Globaloney

Another blogger, The American Mind, (whose comments section does not work well...) thinks that Hayek's thesis works:

From the first establishment of (trade) which served reciprocal but not common purposes, a process has been going on for millennia which, by making rules of conduct independent of the particular purposes of those concerned, made it possible to extend these rules to ever wider circles of undetermined persons and eventually might make possible a universal peaceful order of the world.

Uh huh.

One could ask Falun Gong how well that "universal peaceful order" has worked in Red China--or for that matter, Briggs & Stratton, General Motors, Chrysler, and the hundreds of other smaller businesses who have lost hundreds of millions of dollars in IP, tools, dies, (etc.) to the thieves.

Peaceful Order, eh?

Does Globaloney ring a bell? GBush I, call your office.

Briefly, Hayek's thesis will not work because the first thing...the First an established, discernible, and enforced Moral Order. THAT does not occur because of "trade," nor is it taught by economics professors.

DeTocqueville: Despotism can do without faith, but freedom cannot. Faith (of any sort) is the First Thing missing in Red China's governing class.

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