April 2012 - Keane on Politics | Total Politics
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Tuesday, April 17, 2012

Political Thought: Smith, the Federalists, Burke, Wollstonecraft, Bentham and Mill

Political Thought: Smith, the Federalists, Burke, Wollstonecraft, Bentham and Mill

The most important work Adam Smith did was the Wealth of Nations. This book is considered as the fundamental work in classical economics. It totally argues that free market economies are more productive and beneficial to their societies. It consists of five books which their titles respectively are: Of the Causes of Improvement, of the Nature, Accumulation and Employment of Stock, of the different Progress of Opulence in different Nations, of Systems of political Economy and of the Revenue of the Sovereign or 


Division of labor is the primary thing that Smith has an emphasis on in the first book. He believes that the division of labor has caused a greater increase in production in comparison with any other factor. This has helped the nations which have more industry. He believes that the division of labor does not come from innate wisdom of the people but it come from the human tendency to exchange goods and services and he thinks that this difference in natural talents between people is a result of specialization not any natural or innate cause. He then talks about the origin and use of money and the real and nominal price of commodities or their price in labor, and their price in money. Smith argues that the price of any product reflects wages, rent of land and "...profit of stock," which compensates the capitalist for risking his resources. He also who determines value by the utility that a commodity provides a person rather than cost of production.
He states that when demand exceeds supply, the price goes up and when the supply exceeds demand, the price goes down. He then argues that in societies where the amount of labor exceeds the amount of revenue available for waged labor, competition among workers is greater than the competition among employers, and wages fall. Inversely, where revenue is abundant, labor wages rise. Smith argues that, therefore, labor wages only rise as a result of greater revenue disposed to pay for labor.

The Federalist Papers

Alexander Hamilton, James Madison, and John Jay were the likely authors of the Federalist Papers. According to Federalist 1: "It has been frequently remarked, that it seems to have been reserved to the people of this country, by their conduct and example, to decide the important question, whether societies of men are really capable or not, of establishing good government from reflection and choice, or whether they are forever destined to depend, for their political constitutions, on accident and force" (Hamilton, Jay, Madison 1982), the Federalist Papers is all about the Constitution which connects people to the government.
There are many highlights among the essays of The Federalist. Federalist No. 10, in which Madison discusses the means of preventing rule by majority faction and advocates a large, commercial republic, is generally regarded as the most important of the 85 articles from a philosophical perspective; it is complemented by Federalist No. 14, in which Madison takes the measure of the United States, declares it appropriate for an extended republic, and concludes with a memorable defense of the constitutional and political creativity of the Federal Convention. In Federalist No. 84, Hamilton makes the case that there is no need to amend the Constitution by adding a Bill of Rights, insisting that the various provisions in the proposed Constitution protecting liberty amount to a bill of rights. Federalist No. 78, also written by Hamilton, lays the groundwork for the doctrine of judicial review by federal courts of federal legislation or executive acts. Federalist No. 70 presents Hamilton's case for a one-man chief executive. In Federalist No. 39, Madison presents the clearest exposition of what has come to be called "Federalism". In Federalist No. 51, Madison distills arguments for checks and balances in a memorable essay often quoted for its justification of government as "the greatest of all reflections on human nature."

Edmund Burke

He was among the scholars and philosophers who opposed the French Revolution. It seems that at first he 
did not oppose the Revolution but after some incidents he changed his mind and he calls it a world of Monsters. Among his ideas we can find these: he strongly defended constitutional limitation of the Crown's authority, opposed the religious persecution of Catholics in his native Ireland, voiced the grievances of Britain's American colonies, supported American Independence, and vigorously pursued impeachment of Warren Hastings, the Governor-General of British India, for corruption and abuse of power.

Monday, April 2, 2012

Should Our Colleges and Universities Be Monitored for Political Bias, Disallowed Funding - Of Course

Should Our Colleges and Universities Be Monitored for Political Bias, Disallowed Funding - Of Course

If a nonprofit organization is receiving government funding then (generally speaking) it isn't suppose to promote religion. If a religious school exists it cannot be a publicly funded school. If a think tank becomes too political, it will lose its tax-exempt status. We have all sorts of rules for such things. Now then, I am upset because the taxpayers supplement, or even fund in many cases various colleges and universities. However these universities are generally left-leaning, and they are promoting things like socialism, and therefore they are educating most of their students and our children to vote for Democrats.

I do not find that fair to me as a taxpayer, I don't think it's right, and I dare to ask the question; should our colleges and universities be monitored for political bias> I believe the answer is yes, and if we find them to be politically bias, which it is obvious that they are, then we should hold back funding. If that means we have to close every university in the country, then we should do it. People can watch video lectures online for a semester or two until they have on-going education classes so the professors can learn what political bias means, and what it is, apparently they don't get it yet.
We need to send a message to academia that they are not to engage in political brainwashing, and this continued push towards socialism in the United States.

Just because academia thinks are smarter than everyone else, which I assure you they aren't. And even if they have a good many smart people, it's because smart people are attracted to academia, because they find themselves excelling there. The reality is that smart people will succeed anywhere, and we all share the same genes, we are all of the same families and background. I would submit to you that I know entrepreneurs which perhaps didn't finish college that are as smart, or smarter than any academic I've ever met in my life - and trust me running a think tank, I know far too many.

For a group of professors to stand on their pedestal and preach politics from their soapbox while hiding behind their credentials in academia is utterly ridiculous, totally unfortunate, and at this point it has become unacceptable. We do not have higher education to breed more Democrat voters. Any political idea must stand on its own, it must be questioned, and it must be debated, all sides should have a say. If you go to college, and you utter conservative values, you will see a difference in your grades.

At some point, America needs to admit that this is a problem, and we need to stop the political persuasion, manipulation, and brainwashing in today's colleges and universities. If we don't, and this is where I'm going to throw little fear into the mix here to light a fire under your butt; if we don't do something about this now, we will turn our economy to mush, and our country into a socialist declining state.
This is just an example, you can fill it later with your own note.