Posts Tagged milton friedman
Honest Validation of Unfair Cheese: Slayer and The Perils Of Free-Market Fanaticism
Posted by Keith Spillett in Articles I Probably Shouldn't Have Bothered Writing on April 12, 2012
In Slayer’s song Blood Red, singer Tom Araya bellows forth a challenging and powerful lyric that cuts to the core of today’s debate between a managed, centralized economy and a free market system where the “invisible hand” balances the wants and needs of the consumer against the production capabilities of the market. When he shrieks “Honest validation of unfair cheese” at the 41 second mark of the song, it is clear that he is undercutting a basic free-market premise posited by thinkers the likes of Milton Friedman and Frederick Hayek. The words are enlightening and deeply meaningful, particularly for an electorate on the cusp of deciding what sort of financial decisions it plans to make as it marches forward into a new millennium.
In order to understand the meaning behind Araya’s lyric, it is first critical that we understand the meaning of “unfair cheese”. Nothing is more disappointing to a lover of cheese than when, upon returning from the supermarket, a shopper finds moldy, poorly preserved cheese in their bag. Who is supposed to ensure the consumer is safe from a flood of this “unfair cheese”? If the supermarket is left to its own devices, it might well sell all the out of date cheese it could possibly get away with. After all, as Buddy Holly said in his 1981 hit song “Who is watching the detectives?” In this case, maybe we need someone to even watch the people who are watching the detectives. Or, it is possible we may need to hire detectives to watch the detectives who are watching the detectives.
Back to the cheese thing. If it weren’t for the Better Food and Cheese Act of 1938, under the esteemed and underappreciated Presidency of Franklin D. Roosevelt, humans would be consuming pounds upon pounds of rotting, vile cheese. The Act empowered the police to arrest and jail any store clerk found selling “unfair cheese” for a period no less than five years in prison. Higher quality cheeses began to appear. Productivity flourished. It was during this period that Gorgonzola cheese was first produced in a laboratory. It was originally meant to be used as a weapon against the Soviet Union, but later it became appreciated for its velvety texture and tangy flavor. In the preceding two hundred years, America’s cheese growers had not produced as much as a single new breed of cheese.
So, when Araya asks for “honest validation of unfair cheese”, he’s really questioning whether a purely free market can produce the quality goods needed in a modern economy. Sure, it’d be nice to believe that the market is such a perfect force that can correct itself and keep the desires of its members in line, but it’s this sort of utopian thinking that caused the Great Wall of China to fall in 1990.
We cannot simply rely on market forces to purify the market. Human nature tells us that humans, in a perfect state of nature, will do some really unnatural things. In short, only a neutral arbitrator with no stake in the outcome can possibly make decisions that protect the consumer.
Only when the positions of these regulators are depoliticized and not influenced by corporations or individuals with expensive cars will we truly see an “honest validation of unfair cheese”. Only then will children of all races and all creeds, of all nationalities and all socio-economic backgrounds, of all hair styles and all blood types be able to sit down at the table of friendship together and eat the same safe and healthy cheese. Only then will we truly be free.
Free Market Anatomy
Posted by Keith Spillett in General Weirdness on December 6, 2011
Right Lung, you work hard everyday to move oxygen into the blood stream. I often find myself thinking that right lungs are the hardest working organs in the body. What you do is a thankless job. You are one of the good, hardworking organs. Many of the other “piker” organs like the liver, the pancreas and the embarrassingly lazy appendix spend their days lollygagging around and benefiting from all the sweat and toil you put in. They reap the same benefits as you for one tenth of the work. Now I ask you, is that fair?
What do you get for all your labor….nothing. Bossed around all day by the Brain. Sure, the Brain sits up there enjoying the good life while you pump oxygen 24 hours a day without a break. Only like 10 percent of the Brain even does anything, Lung. But it feels entitled to tell you what to do? Who gives it the right? The Brain thinks it knows everything, but let it spend ten minutes trying to convert angiotensin I to angiotensin II. Puh-lease!
The Brain wastes all this time consulting with different useless departments like the cerebellum, the parietal lobe and the frontal lobe all the while using the precious oxygen that you generously provide it with. Sipping coffee and making policy decisions while you pump away. Enforcing its sadistic code of anatomical correctness. They redistribute your oxygen to every organ regardless of how hard they work and you get nothing but the short end of the trachea. What is your reward for all of your effort? Nothing but lectures on how you should produce more oxygen just because the body is running or underwater. You go underappreciated while the other organs bask in the rewards of your effort.
Right Lung, I want you to know that there is another way to live. I’m not sure if you are aware of this but the body is essentially a communistic system. All the organs benefit equally, no matter how important their contribution is. What is your incentive to work harder than say, the Left Lung?
As we all know, human nature clearly shows us that we can only be happy if we are pitted against each other in bloodthirsty competition for control of all of the vital resources of the body. Cooperation between the organs has left the lazy viscera sitting pretty while the diligent, enterprising ones do all the work. Instead of allowing this madness to continue, I propose we move towards an “every organ for itself” system.
If one lung produces oxygen really well, I say why punish it for being good at its job? It should be allowed to keep as much of the oxygen as it makes. This way all of the weaker organs will die off and the strong ones will be left to create a better body, without free-riding, parasitic entrails. Let’s face it, you will not be free until the body stops coddling the slothful and the shiftless.
A truly free market anatomy promises each organ will be judged on its merit as an individual and not held back from producing and consuming anything it wants. When the body stops forcing all of the organs to work together in some socialistic form of “harmony” and begins to compensate organs for what they contribute and no more, then, and only then will we be free.