noun. See ‘Barking Moonbat’.
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noun. See ‘Barking Moonbat’. The loathsome Philip Gould, a man who is like something out of Orwell’s 1984, has written a letter to the Guardian pointing out what I have never been more certain that my conviction is correct that liberty, individuality and several rights can only be fought for outside the democratic political process. Although being in office matters to people like Philip Gould, to the rest of us the truth is we might as well be living in a one party state. New Labour has indeed won in Westminster, regardless of who wins the next election, but of course as Gould cannot imagine anything beyond politics, there is still a civil society out there that needs to be defended against people like him and you cannot do that by voting for different sections of the political monoculture. I hope his article will be read by many of the remaining Conservative activists who are still quixotically clinging to the absurdity that a Cameron victory would change anything. To fight Tony Blairism first we have to destroy Tory Blairism. If you care anything for liberty and opposing the growth of a panoptic pooled database regulatory state, the worst thing you can do is vote for a Blairite like David Cameron and his intellectually defeated political party. As the report stage of the Identity Cards Bill approaches in the Lords, a reminder of one highlight from the first day of the committee stage Hansard, 15 Nov 2005, Col.1012:
This is the sort of rhetoric that makes my blood run cold. Here’s a prefiguring example:
– Benito Mussolini. Terry Eagleton (from a review of Paxton’s Anatomy of Fascism in the New Statesman) elucidates the connection:
All supporters of the old-fashioned conception of individual liberty, whether they think of themselves as left or right, conservative or progressive, must do what can be done. Resist. We should not expect any quarter for outdated ideas under a new kind of freedom. [cross-posted to Samizdata] As the report stage of the Identity Cards Bill approaches in the Lords, a reminder of one highlight from the first day of the committee stage Hansard, 15 Nov 2005, Col.1012:
This is the sort of rhetoric that makes my blood run cold. Here’s a prefiguring example:
Terry Eagleton (from a review of Paxton’s Anatomy of Fascism in the New Statesman) elucidates the connection:
All supporters of the old-fashioned conception of individual liberty, whether they think of themselves as left or right, conservative or progressive, must do what can be done. Resist. We should not expect any quarter for outdated ideas under a new kind of freedom. [cross-posted from White Rose] A letter to The Independent:
Which rather begs some questions. If the There are some things that most people know (or think they know) about the British book trade. For example that books are very expensive compared to some other places, and that buying a paperback can be unwise – due to the system of “perfect binding” where the pages are just stuck on to the spine, so they fall out if one actually reads the book a few times. However, I do not wish to examine such points here. I wish to point out the simple leftism of the book trade. This may seem a predictable whine from a libertarian like me, but it is more than a whine. Recently I read a review of Robert Conquest’s Dragons of Expectation in The Economist. The review claimed that Conquest did not understand that his side now dominated the world. If by “his side” the review meant anti-Marxism, this domination does not seem to be in evidence in universities (or, in terms of attitudes, in most of the electronic media and much of the print media in the Western world – let alone in such places as Latin American governments), but let us leave that aside. I went to bookshop after bookshop in search of Robert Conquest’s work. Borders, Waterstones, W.H. Smith – you name the shop, no book. “But you could order the book or get via the internet” – but why should I have to? Why should a work by the leading historian of Soviet Russia (the author of “The Terror” and other works) not be found on the shelves, so that I can have a look at it and decide whether I want to buy it? In fact none of Robert Conquest’s works were on the shelves of the bookshops of whatever town I happened to be in (London, Bolton, Manchester, York, Kettering – it did not matter what town). And remember Robert Conquest is not a radical libertarian – he is just a historian who did more than any other to expose the crimes of the Marxists. Take the example of Borders in York – wall to wall Noam Chomsky. Literally wall to wall – a whole shelf full of his political writings (not his writings on the basis of language) and books on the next shelf to. And (of course) the endless works of M. Moore, and all the rest of the ‘death to Bush’ crowd. Now I am no fan of President Bush, he has gone along with greater increases in domestic government spending than any President since Richard Nixon (and Mr Nixon had the excuse of a Democratic party controlled Congress). But the legion of Bush haters one finds in the book shops do not attack ‘No Child Left Behind’ or the Medicare extension or all the rest of the wild spending. When they attack his foreign policy they do not understand that it is (for better or worse) a continuation of the policy of such men as President Wilson – i.e. an effort to impose democracy overseas. They present the whole policy as an effort to line the pockets of business contractors – or to impose Christianity in place of Islam. And when the authors discuss domestic policy they present a mythical anti-Welfare State pro-free enterprise President Bush. Just as works on British politics present a free enterprise Mr Blair – rather than the real one of higher taxes, higher government spending and more regulations. “Such ideas may be absurd, but they are the books that sell and book stores are in business to make a profit”. How do they know that these will be the only books that will sell when they hardly ever advertise anti-statist books? Certainly there will sometimes be a promotion for an anti-statist book (such as the recent Mao: The Unknown Story – although this work seems to blame Mao as a man, rather than socialism as a doctrine for what happened in China), but this is very rare. If one sees the notice “We Recommend” or “We Highly Recommend” on or near a book, it is a fairly safe bet that the book is bad – full of factual errors and written by someone who would like to nationalize the bookshop and send its shareholders to the death camps [editors note: there are solutions to this]. I am not even sure that such books do sell well. After all, if this so, who does one see (every sale time) great piles of leftist books on sale at half price (or less). I say again, how do the book shop people know that British people do not want to buy anti-leftist books in economics, history, philosophy and politics when such books are hardly ever promoted and are mostly simply not on the shelves? A person who comes into a bookshop (rather than buys over the internet) is there to see what sort of books are about in areas of knowledge that he is interested in. To physically touch and look at these books – to see what he might like to buy (rather than just trust reviews). And yet a person who entered a British bookshop would encounter (for example) in economics just establishment Keynesianism (with all the standard absurdities, such as the doctrine that an increase in government spending financed by credit expansion boasts long term income) and Marxist (or Marxiod) attacks on Keynesianism. Chicago school works are very rare and Austrian school works virtually non-existent. The “passing trade” – the people (like me) who often go into book shops to look at books, just can not find works we want to buy. Someone who is not committed politically will find very little in British book shops to challenge the left and open new possibilities to him. And someone who already knows what he wants may as well go straight to the internet (after all the books are not going to be in the bookshop). “Anti-statist books do not sell” – really? Or is it that British bookshops are dominated by people educated in the universities and these universities are strongholds of the left? There will be token non-leftist books in the bookshops – but the weight of the left is overwhelming, and I very much doubt that he it has much to do with what sells. Since we are talking about MP3s, music and the like – okay, a degree or two of separation exists here – I want to point out a rather fascinating music video clip that I saw recently. It is a dance track by British group Faithless, called I Want More (link for streaming video). The song will not be to everyone’s taste, but the video clip offers a pretty remarkable view of the preparation and execution of a North Korean propaganda spectacular. Parts of it are surprisingly candid – in one shot of the Pyongyang skyline, the viewer catches a shadowy glimpse of the sinister-looking Ryugyong Hotel. I am led to believe, by a fellow I know who has visited the North, that this monument to collectivist misallocation of resources officially does not exist in the Hermit Kingdom (despite the highly convincing optical illusion) so it is surprising to see it turn up in a clip that must have been sanctioned by the authorities. I like the way the vision of a gymnast with a sore back is juxtaposed with an onlooker writing down presumably critical pointers in a notepad. The expression on the boy’s face when he is late to turn a page in his giant colour display book made me laugh. I also like the shot of the utterly bored and po-faced military brass clapping along like robots. As the track rolls on, the show starts getting highly impressive. However, by the time the song’s over the sinister and tragic undercurrents are resonating the most. So much talent – such potential – is wasted celebrating the hideous reign of men who routinely deny their people the basic necessities of life, like food and freedom. It surprised me how such a dazzling display of skill and synchronicity could provoke such a combination of fascination and revulsion. The article by one of our contributors yesterday about Russian on-line music business allofmp3.com raises all manner of fascinating issue that I think should be pondered. It has been argued by some of the commentariat that “whether you approve of the morality of the western music business or not, the goods belong to them and the artists” and thus as “one of the driving principles of this site [Samizdata.net] is respect for property rights, not glorifying those who steal, whether it be the state or someone else”, presumably we should be more critical of this. These are reasonable positions to take and certainly I would not want anyone to think Samizdata has anything less than complete enthusiasm for private property rights. However I also think with regard to this (which is to say the sale of music on-line in a manner which is against the wishes of the businesses who own/created the music) the view that property rights are being violated is not correct. In fact I would say that notion is exactly the wrong way around. Like it or not, music is now a commodity that is traded by weight in an international market and therefore the creator has only residual rights to how that commodity is subsequently resold. The model allofmp3 uses does indeed pay something to the creators of the music and refusing to acknowledge that things have changed and that recorded music is no long a physical good is pointless. It may not be the business model originally envisaged by the music creators but that is the only viable one that remains to them. The market price for their product is now about 12¢ a track and if that (or their cut of that) is not enough for the music’s creators, well I guess they should stop producing music and go find something else more profitable to do, just as if the price of diamonds falls too low, De Beers should feel free to stop digging them up in Namibia. What they (and De Beers) should not feel free to do is demand governments force the price of music (or diamonds) up by insisting they can only be sold a certain way via approved technologies at higher prices. One of the driving principles behind Samizdata.net is trying to develop theories about the world that reflect reality. I am willing to hear other theories but it seems to me that the market has spoken (loudly) and using the state to prop up a business model that technology has made nonsensical is not really serving the cause of liberty. Another issue raised by the commentariat is that companies like allofmp3.com are all involved with the ‘Russian Mafia’. As no evidence has been offered, clearly that is baseless supposition. However it does raise some other interesting issues: I would say even if it was true that allofmp3 is paying ‘protection’ to the Russian Mafia and/or using their political influence to shield their business model, the Russian Mafia fulfils certain roles that in other countries are filled by governments and lobbyists to much the same effect, thus I am not sure it makes a company like allofmp3 any different to a company (say Sony) using the force of the state to enforce its business model. There is really not that much difference and if you do not believe me, I suggest you try telling the state you no longer wish to follow their regulations and wish to make your own arrangements for ‘protection’ and therefore intend to withhold a portion of your taxes… and then see what happens to you. I have been poking around AllofMP3.com, a Russian music site with a huge catalogue and an excellent interface and even better prices (a typical track can be downloaded typically for around 12¢). The way the system works is you pay ‘by weight’ of the music file: the tracks are coded-to-order to your exact specifications via a vast CD jukebox, thus if you download an mp3 file with a bit rate of 192 (excellent sound quality), you will pay more than if you download the same file in smaller size at a bit rate of 64 (fairly crappy sound quality). The system can be accessed either via a web front-end or an excellent browser application. It occurred to me that I more or less stopped buying music CD’s about eight years ago and went from someone who maybe once dropped $2000 per year on music to someone who spent pretty much nothing. Yet in the last month, I have spent $70 at AllofMP3.com because the service is good (and secure: they use Chronopay who are totally above board), the interface is intuitive and the price per download makes hunting around fly-by-night peer to peer networks simply not worth the hassle. I have no pecuniary interest in this operation (sadly) but I cannot recommend them highly enough. This is the future of the music business and it does not matter a damn whether or not Sony or BMG like it. It is here and it works really well. Music business: adapt or die… music buyers: enjoy like never before! I have been a bit more tolerant than my Samizdatista comrades about the populist postures adopted by nice Mr Cameron. And being a Conservative Party member, it is me that has to be tolerant, after all. A certain sainted editor has been consistent in urging people not to vote for a long, long time, so a Tory leader really need not care what Perry thinks… But this has brought me up short. OK, it is speculative bluster about what might be considered by a working party. But how are the ‘liberal values’, that Cameron has made so much of, served by forced labour? And another thing – the argument that we can all support Cameron’s leftward lurch because it’s all an act and he doesn’t really mean it – he is lying pretty low. I might be prepared to give someone the benefit of the doubt on the grounds that they are telling the truth, but to give someone the benefit of the doubt in the hope that they are lying through their teeth? I have been wandering through the fascinating nation of China of late, so I have not had much time to peruse the blogosphere – I guess this means that for a month I had a life. I was fortunate enough to spend a few days in the beautiful city of Lijiang in Yun’nan province. This mid-sized Chinese town is famed for its wonderfully restored ‘old city’, a cobbled and confusing maze of shops, traditional inns with gorgeous courtyards and a grid of small canals filled with luminous fish and gushing clean water. A beautiful place to while away a few days, but Lijiang is not really known for its nightlife. So on the evening of the 25th of December, I got trawling through some of the past articles on Samizdata. Reading through the comments section on this post, I noticed that an article I wrote early in 2005 got a mention. It was a pity I was not around a computer regularly, because a debate raged in the comments section that I would have very much liked to have been a part of. For all my appreciation of China, I am one of the few Sino sceptics. I should explain. I am not a sceptic of the aspirations of the billions of Chinese people who sense greatness in the Chinese identity. After all, I’m mentioning a deeply rich culture backed up by a vast talent pool on the mainland and in the diaspora that has the capacity to change the world radically in the future. I am, however, deeply pessimistic about China in its current nominally Communist incarnation, for reasons I have outlined in a previous post. I will not go into specifics; if you’re curious, please read my rationale here. Some interesting developments have taken place between now and then, however. These merit further analysis. One or two of the commenters in the mentioned Samizdata piece stated that they were keeping abreast of banking developments in the Middle Kingdom. In 2002, Chinese officials admitted that 25% of the loans written by the state owned banks were non-performing. Standard and Poors and a number of others said it was closer to 50%, and possibly more. Within the space of four years, the Chinese administration has revised its estimation of the rate of non-performing loans down to an average of about 12%. How can this be done so fast? I’m not really sure. We are, of course, talking about the writing down or otherwise accounting for of many hundreds of billions of dollars of bad loans. I assume that it’s due to the fact that most or all of the bad loans have been transferred to special “asset management” companies set up by the government. I suspect that the banks have been able to revise their non-performing loans (NPL) ratio down so quickly by performing a debt-to-equity swap with these holding companies. The article linked to immediately above believes the asset management companies have taken a chunk of the banks’ loans and issued them with 10 year bonds in return. → Continue reading: Thoughts on China’s future |
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