Robber Baron Capitalism in Four Lessons – Part IV: Playing the Winning Game of Scientific Capitalism

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The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated.

[…]

I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind.

– Gordon Gekko

The point is, ladies and gentleman, that Gordon Gekko was right.

Gordon Gekko is still right.

And Gordon Gekko will always be right.

The greed of Alexander Hamilton’s robber baron Capitalism is good, Hamilton’s greed is right, Hamilton’s greed works, Hamilton’s greed clarifies, Hamilton’s greed cuts through, Hamilton’s greed captures the essence of the evolutionary spirit because the Capitalism of Alexander Hamilton is science.

Above all else, in this financial dark age the message of Hamilton’s economic theology demands it be preached from the skyscrapers because the bank accounts of corporate America are wealthier than Solomon, but their killer Darwinian spirit is empty.

Gaining trillions has gained you nothing after losing your desire for greed, your greed for life, your greed for love, your greed for knowledge, your greed for true economic science.

Continue reading “Robber Baron Capitalism in Four Lessons – Part IV: Playing the Winning Game of Scientific Capitalism”

Welcoming the Party of Lincoln to its Federalist Party Future & The Problem With Ex Nihilo Conservatism

Thanks to the illustrious Trump Presidency – which had a political realigning effect equivalent to 12 terms packed into a single, superb, term – the Republican Party has been restored, on a policy basis, back into the Federalist Party.

In addition to Trump masterfully demonstrating the effectiveness of Federalist policies the GOP’s new platform will be further cemented in place as the Party consensus by a Cold War with China that will force it to adhere to Hamilton’s system of trade protectionism and Hamilton’s foreign policy .

The effect Trump had on the GOP compared to where its platform was before he ran is ground breaking; basically comparable to how, if Goldwater had defeated Lyndon Johnson in 1964 and (even if only for one term) governed well, he would have proven the concept of Reaganism 16 years before Reagan.

This policy transformation couldn’t come at a better time because the rest of the American “Right” is a political failure; everywhere on the ideological spectrum from the craven lamestream think tank hacks to the “dissident” right whose “leadership” (thanks to gross mismanagement) has largely either been flipped by the FBI into becoming FedGov informants, and/or were just con-artists to start.

Pragmatically Distributed congratulates FBI Director Wray on the acquisition of his new, “managed”, altright/dissident right toy and wishes all of you boys and girls at the J. Edgar Hoover building the best of luck because you’re going to need it managing a political operation as screwed up as the altright.

Progressivism, as it has for its entire 150 year history in America, works perfectly for the Progressives.

Progressivism is dictatorship of the bureaucrats, and today the bureaucrats are the dictators.

Which means Progressivism is doing nothing more nor less than what it was designed to do.

The Progressives and their institutions keep gaining more and more dictatorial power (and trillions of tax dollars to match) no matter the fact that the results of their policies all suck.

Excellent job!

For the Progressives.

The failure of the mainstream Right is a fairly straightforward case of their longstanding tradition of cowardice and extreme foolishness.

But the failure of the inferior reich is still largely unexplained because disastrous decisions by its “leaders” have not been researched.

What started about 10 to 15 years ago as a fledgling movement called “HBD” which had some modest promise was destroyed after it was rebranded in the early 2010s by clowns calling themselves the “altright.”

For some mysterious reason, the supposed “elder statesmen” of the dissident right, Steve Sailer, Peter Brimelow, and Taki Theodoracopulos, were either corrupt and/or moronic enough to hand out think tank titles and senior editorial promotions at their websites to the three stooges – Richard Spencer, Milo Yiannopoulos, and Gavin McInnes. The point of advancing their careers of these three characters was to maneuver them into a position where they could become the leaders of the altright –

“Famously, during yet another publicity stunt, McInnes once sodomized himself with a dildo, live on The Gavin McInnes Show.”

A decade later, at a time when rumors (some of them good, and an even smaller number being very good) are spreading by the day that the FBI “flipped” central “altright” figures, the question is more pressing than ever as to why the elder bigwigs Sailer, Brimelow, and Taki (to name only a few) thought such obviously damaged people as Spencer, Milo, and McInnes were appropriate frontmen for the dissident “right.”

Was Sailer, the supposed “godfather” of HBD, asleep, drunk, or on drugs when he let the three stooges hijack his movement?

To this day he still seems perfectly uninterested in how the FBI wound up in control of what used to be known as HBD, we can only presume because Sailer never cared about it in the first place or because that’s the outcome he intended to happen.

But it’s no big deal, Steve.

It’s only your career’s defining legacy that’s been run into the ground.

No worries, buddy.

In Brimelow’s case, did he promote the likes of Spencer because he was actually clueless enough to think this would work out well, or was he “encouraged” by someone in DC to help promote compromised people at forums such as the National Policy Institute who, at a later date, could be easily pressured by Federal investigators?

Idiocy, as always, cannot be ruled out. This is, after all, someone who is still whining about being fired by Bill Buckley from National Review back in the late Permian.

Instead of damning Buckley, Brimelow should be grateful because Buckley (who, even if we assume, for the sake of argument, was a complete, and total, evil bastard) wasn’t stupid enough to promote Richard Spencer, and Brimelow was. If he really thought that Spencer would work out nicely then Buckley’s mistake wasn’t firing Brimelow, it was hiring him in the first place.

But the one with the highest likelihood of playing a double game is Taki.

By day he runs an antisemitic website called Takimag, a site that once had Richard Spencer work as a senior editor.

But by night, and by Taki’s own admission, Theodoracopulos partied heartily with none other than the one, the only, the great Liberal champion of feminism and women’s rights, Harvey Weinstein (See here and here ) and, to a lesser extent, Ghislaine Maxwell whom he apparently knew and liked well enough to cautiously defend in the UK Spectator.  It’s a more cautious defense than Taki makes for Weinstein; and Taki, naturally, denies having known Jeffrey, but it is a defense nonetheless

Which is nice, but………….. Why defend Ghislaine at all???.

Either Taki is misrepresenting himself as a dissident statesman to his website’s readership, or, Taki was misrepresenting himself to Weinstein as a chum of the Progressive establishment. I seriously doubt it was the worldly Weinstein who would have been fooled by an acting performance.

If, as is likely, the Taki known to Harvey Weinstein, the Taki who cared enough to come to Harvey’s defense during his arrest and trial, was the genuine article, then that raises the question of why the hell would Weinstein and Theodoracopulos be friends unless both are fellow members of the establishment (well, in the case of Weinstein, a former member of the establishment since his lifelong “friends” no longer call him in prison – but such is friendship in Hollywood).

Was the very Progressive Weinstein friendly with any other American Rightist from outside Hollywood (he may have had a few Republican-leaning buddies within the movie industry) except Taki?

Why, of all people on earth, would this old lounge lizard with (purported) antisemitic sympathies be given an exception by Harvey in the first place?

And if Taki is an establishmentarian in good standing (by his own account he does attend a lot of elite parties in New York that have little to no inclination to invite any kind of Conservative, except for… Taki…) then that makes his decision to hire Richard Spencer as a senior editor at website look less like a mistake, and suspiciously more like a favor to DC investigators who would love to build for the future a “managed” farm team of altright leaders staffed with the most compromised people possible – it just makes future plea agreements so much easier to get the more skeletons someone already has in their closet.

What else would they have in common considering the great distance between their (stated) political positions?

Did Weinstein entertain Taki with stories of how many women he raped while Taki gave Harvey a good laugh when recalling what losers the writers and readership of Takimag are?

Were they first introduced by Ghislaine Maxwell?

Did Harvey and Taki get along so well because neither of them have any balls?

Either way, whether the smoking ruins of the altright can be better “managed” by the FBI, and regardless of whatever disastrous sequence of events led to the altright falling into the hands of Federal investigators, the Federalist Party can now celebrate that the Republican Party has adopted the Federalist platform.

But this great Federalist policy victory is still not enough.

While the GOP is now a de facto Federalist Party, it is still an outer party – not least because the Republican hierarchy has neither the iron will of the Donald nor of father Abraham.

The real fun we are told is in being the inner party.

The only way to convert this weak minded, cowardly, Federalist outer-Party into a proper continuation of Alexander Hamilton’s Federalists, into the inner party that Lincoln meant it to be, is to change the political mechanics instead of through policy advances.

Republicans can already point to a number of policy victories over past decades, none of which created the structural changes needed to turn them into an inner party.

Progressive policies are only the symptom, the disease is Progressive bureaucracy itself and its hallmark characteristic of independence from the Executive branch.

The (very) short answer to ending this bureaucratic malfunction is not policy.

The answer is to restore the spoils system whereby 100% of the currently heavily protected and difficult to fire Federal workforce (except for the military which already has sensible hire-fire policies) is converted into at-will employees who can all be immediately fired and replaced at any time, without numeric restriction, for any reason or no reason, by the Executive with new employees who share the Executive’s partisan, political, leanings.

In fact, policy wins have only served to lull the GOP into complacency to mask the underlying structural (non-policy) problems of Progressive institutions that only reemerge again during the inevitable change of political fortunes. Or, in other cases, reforms to the Federal workforce are either cosmetic, or ineffective, because the Republican legislators offering “reform” do not understand the agent-principal relationship well enough to correct it.

Reagan successfully created a cross-party economic consensus lasting 30 years. Bill Clinton briefly tried to modestly adjust tax policy only to have the 1994 Republican sweep force him to “triangulate” into leaving Reaganomics in place (Clinton’s one, great, virtue is that he did nothing politically substantive as President).

Obama swept away Clinton’s economically centrist DLC (Democratic Leadership Council) to directly challenge the Reaganomics. This (along with the continual antagonizing of Reagan’s base by Bush version 1.0 and Bush version 2.0) led to Trump, whose policy achievements completed the revolution Reagan started, but which not even Reagan was great enough to finish: Trumpism is simply Reagan’s economics and Reagan’s foreign policy combined with Hamilton’s trade protectionism, infrastructure program, and immigration restrictionism, along with an ever so slightly unconventional communication style.

The most effective lobbying organization on the Right, the NRA, has won so many gun rights victories since 1994 that Democrats to this day rarely try to pass serious gun reform legislation; instead the most they offer are empty promises to their base.

Yet the GOP remains an outer party for reasons of agent-principal mechanics.

Yet here, again, Trump’s mentality towards the agent-principal relationship was on the right track.

Continue reading “Welcoming the Party of Lincoln to its Federalist Party Future & The Problem With Ex Nihilo Conservatism”

On the Bicentennial of the Death of Napoleon Revisiting Metternich’s Assesment

Today is the bicentennial of the death of Napoleon.

To mark this occasion Metternich’s profile of Napoleon in English has been updated to link to the French edition of Volume I of his Memoirs.

The French version of the profile begins on page 277 of Volume I.

I would have linked to the German edition which begins on page 275 of Volume I.

However, although most of Volume I is in German, the profile of Napoleon is written in French.

Whether you prefer reading Metternich’s profile of Napoleon in English or French his analysis is invaluable because it (along with Volume II which covers the 1800 to 1815 time frame) provides what no analysis from a historian can ever provide – a firsthand account of Napoleon’s personality from a very well-placed contemporary.

Ideally a firsthand historical account should be from someone with strong perception and who closely interacted with the subject while the events in question took place.

His profile of Napoleon meets all of this criteria.

Metternich’s powers of perception remain the most amazing of anyone I have ever read, with the only exceptions being some (but not many) fiction writers and specialists writing about their field.

The uniquely powerful observational abilities of Metternich were provided the equally unique opportunity to assess the character of Napoleon himself due to Metternich dealing with him at the highest diplomatic levels from his rise, zenith, and fall.

Even the normal downside of any firsthand account, personal bias, is somewhat mitigated in this case because he dealt with Napoleon as an enemy, then ally, and finally enemy again.

These mixed stances are reflected in mixed feelings as Metternich alternates equally between praise and condemnation of Napoleon.

Another point in favor of Metternich being treated as a relatively more objective source than normal is the fact he was not afraid to take other European royals and aristocrats to task when he felt it appropriate.

Metternich’s warnings to the restored Bourbons were clear and unusually prescient.

His assessment of the career of Tsar Alexander I (also in Volume I, and one of the recurring topics throughout all of the Memoirs) is one of great disappointment.

In his portrayal of Napoleon, Metternich unintentionally shows the limitations of historical, or artistic, judgements of Napoleon’s personality.

Frequently, both historians and artists give their audiences the impression that Napoleon was brooding for lack of knowing which of his contemporaries to take as a definitive source of information.  This uncertainty about which source to use is frequently because most other firsthand source material about Napoleon is biased in favor of him or against him, or did not interact with him consistently or at high enough level to know him well, or because the source is simply not talented enough to describe him with a satisfactory level of accuracy and depth.

The Napoleon Metternich knew was not brooding at all.

The Napoleon recalled by Metternich is laser focused; Metternich’s Napoleon is brilliant, decisive, charismatic, insightful, relentless, mysterious, and dangerous.

Another quality that stands out (likely unintentionally) in this portrayal is that although Metternich was probably the greatest diplomat who ever lived, and while Napoleon’s name will, like Alexander and Caesar, be forever synonymous with power and conquest, what comes across in the Memoirs is that both Napoleon and Metternich had equally great perceptive powers.

Their almost instinctive ability to immediately grasp complex and baffling circumstances, to understand their fundamental nature, and then act on their understanding resembled each other to an uncanny degree.

It is only when the reader notices the similarities between them that one realizes they are reading exceptional artwork because only adversarial roles between equally matched figures like Napoleon and Metternich can together produce great historical drama.

How to Argue for Improving US-Russian Relations Without Sounding Like a Cheerleader for Putin

Although the case for America improving diplomatic relations with Russia is stronger than ever the people attempting to justify it are no good at all in arguing for it (with the only exceptions being this website and the 45th President).

More or less everyone else comes across as embarrassingly star-struck Putin groupies, stupidly justifying every dubious action of his which, by extension, then undermines a case that is supported by logic but is failed by the low quality and character of its advocates.

This is not foreign policy.

What is needed is not apologetics that derails at the pointless (and unnecessary) task of excusing all (or almost all) of Putin’s flaws. What is needed is an outline of the benefits despite Putin’s flaws.

Continue reading “How to Argue for Improving US-Russian Relations Without Sounding Like a Cheerleader for Putin”

Pragmatically Distributed Offers Condolences to Moldbug

Sadly, Moldbug’s wife recently died at the age of 50 from an inherited heart disorder.

He and his family have my sympathy and condolences.

By Obsessing on Trump & Forgetting the Rest of the GOP, Democrats Are Setting Themselves Up

The Democrat’s obsession with a pointless, and unconstitutional, impeachment of Trump when they haven’t laid a glove on the DC GOP shows they are getting ready to be caught flat-footed again at the ballot box, just as they were in 2020.

True, Biden managed to get into the White House but it was a narrow victory won at high cost.

Continue reading “By Obsessing on Trump & Forgetting the Rest of the GOP, Democrats Are Setting Themselves Up”

Trump Should Wait on a Third Party until 2024 Because Starting Earlier Benefits the DNC

Democrats very much want Trump to stick around politically to create a third party for 2022 because they would benefit from it – and not only because the news media is starved for any morsel of Trump news they can find to generate ratings.

If Trump creates a third party for 2022 he would harm his better-than-Reagan popularity with the GOP voter base because his party would only take winnable seats from Republicans, and have no chance of taking Congress by itself because of the math of a divided GOP vote.

A third party that cannot take Congress, and which will very likely expand Democrat majorities, cannot be spun by Trump as anything except a loss.

This would harm Trump’s approval ratings with Republican voters, many of whom would blame the divided vote on Trump, thereby weakening his leverage with GOP voters.

Better to pass on the midterms and watch while Republicans in DC either sink or swim while they carry the burden of satisfying the 96% of Republicans who approve of Trump.

If the GOP fails to win the midterms the GOP establishment cannot blame their loss on Trump fielding third party candidates.

If the GOP wins it will because they rallied the base by running on Trump’s very popular policy platform.  Trump can then take credit for the GOP victory by saying they won on his issues.

Trump wins if he lets the GOP largely fend for itself in 2022.

Also, declining to run a 2022 third party does not prevent Trump from opting to run as a third party candidate in 2024.

Trump can only lose if he does what Democrats want him to do by fighting the GOP with a third party in the smaller-stakes 2022 election instead of preserving his leverage over the GOP with the threat of a third party candidacy for the more important 2024 cycle.

By keeping his options wide open for 2024 instead of committing to a low-reward/high-risk strategy early in 2022, Trump could spend his time from now until the midterms primarily interviewing, endorsing  and fundraising for GOP Senate and House candidates, who are generally much more in tune with Trump’s platform than the GOP Senators and Representatives whom Trump carried across the finish line in 2016.

Trump can also tactically endorse primary challengers to anti-Trump Republicans if Trump is confident the pro-Trump challenger is a winning candidate, and that the establishment Republican is likely to lose their primary.

A challenge to Liz Cheney has a good chance of succeeding if the right candidate can be found.

Except for a few, carefully selected, primary targets, Trump would gain more by cooperating and fundraising for GOP candidates who endorse his policies, while still holding the threat of a third party over the heads of DC Republicans.

By waiting until after the midterms, Trump gains more time for the, currently, very uncertain political field of play to become clearer heading into 2024.

Once the electoral environment settles Trump would retain his current, very high, GOP voter popularity (and hence preserve his political leverage and flexibility) to either create a 2024 third party, or run for the GOP nomination himself, or endorse a pro-Trump Republican such as Mike Pompeo or Ron DeSantis for the GOP nomination.

#BecauseTradeoffs Not #BecauseScience

#Becausescience is a dismissive snark to an argument few, if any, have made.

It implies the critics of lockdowns are ignoring virology science as blithely as Progressive environmentalists ignore the scientific fact wind and solar energy cannot generate sufficient amounts of available energy to replace fossil fuels; or Progressives ignore the scientific fact oxygen is needed to live and double masking (or triple masking, or more) risks reducing oxygen intake.

In fact, no one recommends ignoring the data on coronavirus completely like Progressives completely ignore medical science about oxygen, or electrical engineering data about green energy technology failing to create acceptable energy output.

What critics of lockdowns are arguing is that the need to take safeguards against coronavirus must be balanced against other priorities.

Scientific considerations can only be one, of multiple, priorities when looking at how to balance policy tradeoffs, not the only priority.

The policy field needs to shift because current policies are too weighted in favor of those who are concerned with cornering the virus with harsh lockdowns to the exclusion of anything else; and without concern about the tradeoffs to other policy priorities.

Like MacArthur the Federalist Party Shall Return in Glory

After four, superb, years of going on offense with a (de facto) Federalist Party President in the White House, the Party now turns to a stance of patience as we wait for the dust to settle, and for the inevitable Biden-Harris bumbling and DC gridlock to create new political opportunities; as all Presidential Administrations must create over time.

The uncertainty from this election will take at least a year to sort and observe before the political landscape becomes clearer.

What we do know is that the policy realignment within the Republican Party to convert it back towards its Federalist Party origins is well on its way, despite 90 years of the grotesquely self-destructive habit of the GOP establishment to resist any serious return to Hamiltonian policies.

This tendency is not only old and showing every sign of its age, it has become pointless – the GOP, having abandoned Trump, will only find itself in opposition continuing Trump’s 2020 campaign themes against Beijing Biden because of their now proven electoral effectiveness, their appropriateness given external factors such as China, and the exhaustion of any better-suited ideas on either the (now) totally discredited establishment “Right” or the “extreme” Right.

The benefits of Trump’s Hamiltonian platform (see here, here, and here) are clear: Trump came within less than 60,000 votes in three states from winning outright despite extensive election process violations and vote fraud, the GOP almost took the House, and was on track to easily hold the Senate after the general election if only establishment Republicans hadn’t depressed its own base turnout in Georgia two months later by not fighting voter fraud.

The beyond-uselessness of GOP “leadership” will become irrelevant as new incentive structures complete the reestablishment of a dominant Federalist wing of the Republican Party.

Circumstances and systems of incentive structures are what ultimately “select” leadership.

Systematic factors such as China making Isolationism untenable  guarantees Trump’s Hamiltonian foreign policy realism will continue within the GOP, while China’s untrustworthiness as a free trade partner will justify Federalist Party trade protectionism since free trade can only work with other transparent economic systems trading with each other; trading with non-transparent economic systems like China’s only results in importing China’s economic distortions and misalignments, as the coronavirus revealed.

In the meantime we will wait and watch as Progressive policies fail, as they always fail like no other political system in history has failed, and then consider how to take advantage of those failures as Biden and Harris create them in a very closely divided Government.

How Vice President Pence Can Perfect Ted Cruz’s Almost Perfect Plan

Ted Cruz’s idea to halt the count of the Electoral College votes for 10 days while an audit is conducted by an election commission is very interesting, but it can be improved upon by the Vice President.

Continue reading “How Vice President Pence Can Perfect Ted Cruz’s Almost Perfect Plan”

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