WEBVTT

NOTE John Stuart Mill

1
00:00:00.000 --> 00:00:27.000
Yesterday afternoon, Mr. McCarthy raised a very pertinent question talking about how liberalism is treated by political scientists and historians and about the transition from what some refer to as the older liberalism, the laissez-faire liberalism, to the new liberalism,

2
00:00:27.000 --> 00:00:35.000
Socialism, the basically social democratic socialist liberalism, and what role John

3
00:00:35.000 --> 00:00:38.120
Stuart Mill played in this.

4
00:00:38.120 --> 00:00:40.820
And that is a very crucial role.

5
00:00:40.820 --> 00:00:47.920
Mill was the transition figure.

6
00:00:47.920 --> 00:00:53.860
I keep mentioning Murray Rothbard's history of economic thought.

7
00:00:53.860 --> 00:01:00.260
I urge you, if you haven't looked at it, to at least browse in it, in the two volumes,

8
00:01:00.260 --> 00:01:07.800
and if you're not used to Murray Rothbard's writing style, you'll find it refreshingly

9
00:01:07.800 --> 00:01:13.860
unorthodox compared to other economists.

10
00:01:13.860 --> 00:01:19.560
He didn't like John Stuart Mill very much, he thought John Stuart Mill was a disaster,

11
00:01:19.560 --> 00:01:24.880
And the pages on Mill are especially informative and entertaining.

12
00:01:24.880 --> 00:01:31.880
It refers to the dithering Mill, which is very much on the mark.

13
00:01:31.880 --> 00:01:42.400
Now, it's to my mind a disservice when, let's say, in a typical college course, they will

14
00:01:42.400 --> 00:01:49.380
deal with the history of political thought, and then as an example of 19th century liberalism,

15
00:01:49.380 --> 00:01:55.380
John Stuart Mill vs. Marx vs. Friedrich List

16
00:02:19.380 --> 00:02:34.380
is a very logical and rational kind of writing style, but there are very serious problems with Mill from an authentic liberal point of view that I will be pointing out.

17
00:02:34.380 --> 00:02:43.380
Much of the confusion prevailing in the whole problem of defining and understanding liberalism can be traced to Mill.

18
00:02:43.380 --> 00:02:52.380
To my mind, he occupies a vastly inflated position in the conception of liberalism and detained by English-speaking people.

19
00:02:52.380 --> 00:02:58.380
This is an example of Anglo-centrism, you might say.

20
00:02:58.380 --> 00:03:17.380
It is a scandal how a few American social scientific university professors can easily read even modern European languages like French and German.

21
00:03:17.380 --> 00:03:23.380
I happen to know this is a fact in connection, for instance, with the Stanford University history department,

22
00:03:23.380 --> 00:03:29.180
Department, although they have great scholars, on the other hand, there is this lack of having

23
00:03:29.180 --> 00:03:36.740
access to works of continental writers that have not been already translated.

24
00:03:36.740 --> 00:03:42.500
You know that James Buchanan, when he undertook his study of public finance and so on, learned

25
00:03:42.500 --> 00:03:48.740
Italian, which I think must be a very rare accomplishment among American economists, in

26
00:03:48.740 --> 00:03:55.180
In order to read this rich treasury of economic thought, in fact I'll mention it a little

27
00:03:55.180 --> 00:04:01.180
later on in this lecture, of the Italian economists of the late 19th century and early 20th century

28
00:04:01.180 --> 00:04:04.020
who dealt with the issue of public finance.

29
00:04:04.020 --> 00:04:14.940
But this lack of the ability to access some of the most important continental political

30
00:04:14.940 --> 00:04:23.100
Thinkers, leads to a ridiculous overemphasis on the on the British tradition to my mind.

31
00:04:24.700 --> 00:04:27.980
Man that I'll be mentioning a number of times, I think from now on,

32
00:04:28.780 --> 00:04:34.060
is one of my favorite authors altogether, Benjamin Constant.

33
00:04:37.260 --> 00:04:44.620
And it was only, Constant wrote an enormous amount on political philosophy and other

34
00:04:44.620 --> 00:04:51.340
Subjects. And it was only a few years ago in the Cambridge Blue series of political thinkers that

35
00:04:51.340 --> 00:04:58.940
you may have come across, it's very useful, that some of his major writings on political philosophy

36
00:04:58.940 --> 00:05:04.620
were available in English. And Sabine, if you know the old book by George Sabine of the History of

37
00:05:04.620 --> 00:05:11.020
Political Thought, doesn't even mention Constant. Although I would be prepared to argue that he was

38
00:05:11.020 --> 00:05:20.020
He was the most important liberal philosopher of the 19th century and worlds ahead of Mill, as far as I'm concerned.

39
00:05:20.020 --> 00:05:28.020
But Mill was a disaster on a number of fronts. In economics, he held that the, quote,

40
00:05:28.020 --> 00:05:34.020
the principle of individual liberty is not involved in the doctrine of free trade.

41
00:05:34.020 --> 00:05:42.020
And here he's using free trade in the sense of economic freedom, freedom of trade not just internationally but in general.

42
00:05:42.020 --> 00:05:47.020
The principle of freedom, this is from On Liberty, is not involved in economic affairs.

43
00:05:47.020 --> 00:05:57.020
Whereas Milton Friedman quotes a great letter that Benjamin Franklin sent to one of the French physiocrats

44
00:05:57.020 --> 00:06:27.020
where Franklin said that he thought that liberty of exchange, liberty of contract, liberty to work, liberty to buy and sell, is even more important than any civil liberty, than freedom of expression, for instance, because it deals with the freedoms people need every single day of their lives, and the freedom that everyone needs, not just the intelligentsia that publishes, but everyone needs.

45
00:06:27.020 --> 00:06:33.820
We have Mill going in the opposite direction and saying that economic freedom is not really

46
00:06:33.820 --> 00:06:38.420
part of the concept of freedom he's going to be dealing with.

47
00:06:38.420 --> 00:06:42.460
Mill provided ammunition for the protectionist arsenal.

48
00:06:42.460 --> 00:06:47.580
Richard Cobden, the great free trader of the mid-19th century, complained of one of Mill's

49
00:06:47.580 --> 00:06:54.180
writings that this has undone any good he might have done in any other respect by providing

50
00:06:54.180 --> 00:07:02.180
Arguments in Favor of Protection for Infant Industries

51
00:07:02.180 --> 00:07:07.420
He rejected, Mill rejected, the liberal notion of the long-run harmony of interests of all

52
00:07:07.420 --> 00:07:11.980
social classes, including entrepreneurs and workers.

53
00:07:11.980 --> 00:07:17.620
On the grounds that, this is from Mill, to say that they have, that workers and capitalists

54
00:07:17.620 --> 00:07:21.860
have the same interest, is to say that it is the same thing to a person's interest

55
00:07:21.860 --> 00:07:25.860
whether the sum of money belongs to him or someone else.

56
00:07:25.860 --> 00:07:33.860
Following that reason would reveal a very large number of hitherto unsuspected conflicts of interest in society.

57
00:07:33.860 --> 00:07:40.860
Between you and me, for instance, since I don't have access to your wallet.

58
00:07:40.860 --> 00:07:46.860
Indeed, in arguing that anti-capitalism is one of the hallmarks of liberalism,

59
00:07:46.860 --> 00:07:54.900
Capitalism, Anti-Capitalism, the well-known English political philosopher Alan Ryan, invokes

60
00:07:54.900 --> 00:08:03.060
none other than John Stuart Mill, who wrote in the middle of the 19th century,

61
00:08:03.060 --> 00:08:08.580
The generality of laborers in this and most other countries have as little choice of occupation

62
00:08:08.580 --> 00:08:14.980
and Freedom of Locomotion as they could on any system short of actual slavery.

63
00:08:18.180 --> 00:08:26.180
This short of actual slavery, this at a time when English and other serfs were migrating in the

64
00:08:26.180 --> 00:08:37.380
millions to towns and cities and even to foreign countries. It has to have been someone like Mill

65
00:08:37.380 --> 00:08:47.380
who spent his life as a philosopher and writer, but otherwise made his living as a bureaucrat for the British East India Company

66
00:08:47.380 --> 00:09:01.380
not to have noticed what was going on around him, this vast migration where Mill says that it's virtually impossible for working people to move from one place to another.

67
00:09:01.380 --> 00:09:06.380
As I'll discuss this afternoon, Mill was a disaster in international affairs,

68
00:09:06.380 --> 00:09:10.380
where he repudiated the liberal principle of non-intervention.

69
00:09:10.380 --> 00:09:13.380
And I'll explain that.

70
00:09:13.380 --> 00:09:18.380
Now, worst of all was Mill's deformation of the concept of liberty itself.

71
00:09:18.380 --> 00:09:24.380
His most famous work on liberty tends in that direction.

72
00:09:24.380 --> 00:09:43.380
Liberty, it seems, according to Mill, is a condition that is threatened not only by physical aggression on the part of the state or other institutions or individuals, rather, society often poses even worse dangers to individual freedom.

73
00:09:43.380 --> 00:09:51.380
This it achieves through, these are quotes, the tyranny of the prevailing opinion and feeling.

74
00:09:51.380 --> 00:10:05.380
The tendency, quote, to impose by other ways than civil penalties society's own ideas and practices as rules of conduct on those who dissent from them.

75
00:10:05.380 --> 00:10:12.380
Society compels all characters to fashion themselves upon the model of its own.

76
00:10:12.380 --> 00:10:20.380
This is non-aggressive, non-coercive, in the ordinary sense, tyranny, according to Mill.

77
00:10:20.380 --> 00:10:25.380
And this is on liberty, the great liberal manifesto, supposedly.

78
00:10:25.380 --> 00:10:34.380
True liberty, according to Mill, requires autonomy, because adopting the traditions or customs of other people,

79
00:10:34.380 --> 00:10:39.380
is simply to engage in ape-like imitation.

80
00:10:39.380 --> 00:10:55.380
Whereas others see individuals choosing goals laid out for them by what they freely accept as authoritative institutions, this is the real liberal position, Mill perceives the extinction of freedom.

81
00:10:55.380 --> 00:11:04.380
In other words, for instance, if you're a Roman Catholic and accept the authority of the Catholic Church, the Magisterium, you're not exercising your freedom.

82
00:11:04.380 --> 00:11:23.380
In a striking if preposterous illustration, Mill writes, in On Liberty, an individual Jesuit is to the utmost degree of abasement a slave of his order.

83
00:11:23.380 --> 00:11:32.380
I have to call Father Sadowski at Fordham and inform him of this fact of which he has been aware all of his life.

84
00:11:32.380 --> 00:11:42.940
When one wonders what is supposed to follow from this, must we form abolitionist associations

85
00:11:42.940 --> 00:11:48.100
to emancipate the willing slaves of the society of Jesus?

86
00:11:48.100 --> 00:11:56.380
One wonders also how Mill in his alter ego, Harriet Taylor, could ever have imagined themselves

87
00:11:56.380 --> 00:12:09.380
entitled to legislate on the status of members of the catholic or orthodox orders, the status of orthodox Jews, devout muslims and of other believers.

88
00:12:09.380 --> 00:12:14.380
His comment on the Jesuits illustrates a facet of Mill too rarely noticed.

89
00:12:14.380 --> 00:12:21.380
He was, in the words of Maurice Cowling, one of the most censorious of 19th century moralists.

90
00:12:21.380 --> 00:12:27.380
Mill constantly passed judgment on the habits, attitudes, preferences, and moral standards

91
00:12:27.380 --> 00:12:32.380
of great numbers of people of whom he knew nothing.

92
00:12:32.380 --> 00:12:38.380
As Cowling-Drawley observes, bigotry and prejudice are not necessarily the best descriptions of opinions

93
00:12:38.380 --> 00:12:45.380
which Comtean determinism has stigmatized as outdated.

94
00:12:45.380 --> 00:12:57.380
Now, there's beginning to be a literature on Mill the authoritarian, Mill the secret duplicitous authoritarian.

95
00:12:57.380 --> 00:13:04.380
I mentioned Maurice Cowling, who has a short book on the subject.

96
00:13:04.380 --> 00:13:30.380
Joseph Hamburger of Yale, published a posthumous work on the subject, and recently a big book by Linda Rader who teaches at a Florida University,

97
00:13:30.380 --> 00:13:39.540
University, Mill and the Religion of Humanity, outlines in detail, and not just in Non-Liberty

98
00:13:39.540 --> 00:13:46.700
but in other of his works, what Mill's secret agenda was.

99
00:13:46.700 --> 00:13:54.720
But as I say in the shorter work by Hamburger, he examines the dark side of John Stuart Mill.

100
00:13:54.720 --> 00:14:00.200
And Hamburger, like most anybody else, he long entertained the view that John Stuart

101
00:14:00.200 --> 00:14:08.920
Mill was a true believer in an exemplary opponent of individual freedom, but like Rader does

102
00:14:08.920 --> 00:14:15.040
in more detail, he examines not only On Liberty, but Mill's other writings and letters and

103
00:14:15.040 --> 00:14:19.560
the personal testimony of his friends, and his conclusion is that the freedom of opinion

104
00:14:19.560 --> 00:14:28.040
espoused by Mill in On Liberty was largely part of a grand strategy. Strategy was to

105
00:14:28.040 --> 00:14:45.040
to implement freedom of total freedom of opinion in England in order to demolish religious faith and this was the especially Christianity and the received mores.

106
00:14:45.040 --> 00:14:56.040
Now I don't want to engage in ad hominem arguments except I will later in the week in regard to people who certainly deserve it like Jean-Jacques Rousseau.

107
00:14:56.040 --> 00:15:06.040
But this I will say, that when an individual has, let's say, lifestyle problems,

108
00:15:06.040 --> 00:15:10.040
you know, that's up to the individual, it's a private matter, fine.

109
00:15:10.040 --> 00:15:19.040
However, when they fuel and provide the basic impetus behind his political philosophy,

110
00:15:19.040 --> 00:15:22.040
then it becomes a problem.

111
00:15:22.040 --> 00:15:28.040
John Stuart Mill had this problem with Harriet Taylor, who was a married woman.

112
00:15:28.040 --> 00:15:37.040
I discussed this once with John Gray, who's not now my favorite guy, but a smart guy who knows a lot about Mill,

113
00:15:37.040 --> 00:15:44.040
and teaches, taught at Oxford and now at the University of London, a political philosopher, and John agreed with me.

114
00:15:44.040 --> 00:15:50.040
If Mill had been French at the time, you know, okay, so, you know, he has an affair with Harriet Taylor.

115
00:15:50.040 --> 00:16:00.040
doesn't have to erect this assault on society and its mores into the cornerstone of his political thought.

116
00:16:00.040 --> 00:16:08.040
Someone like Benjamin Constant, for instance, had the mores of the 18th century and did that kind of thing.

117
00:16:08.040 --> 00:16:10.040
It's a different question.

118
00:16:10.040 --> 00:16:32.040
But Mill, I think, was felt pretty agonizingly constrained by his heritage. His father was an atheist, but from a Scottish Calvinist background, through and through, the moral values were still there.

119
00:16:32.040 --> 00:16:44.040
So that Mill had to lash out against society, I think, for what basically was his own particular problem.

120
00:16:44.040 --> 00:16:59.040
In any case, Hamburger and Rader, in more detail, show that in Mill's view, once Christianity and the mores of English Victorian society were destroyed,

121
00:16:59.040 --> 00:17:29.040
Then true individuality would be incarnated in the future million man, on the, he uses the term on the model of Soviet man, the million man dreamt of by Mill and then the lady who became his wife, Harriet Taylor, and the million man is the exemplar of someone in whom selfishness and greed would be replaced by altruism and the cultivation of the higher

122
00:17:29.040 --> 00:17:59.040
Faculties. Now, we understand that in economics and international relations, Mill was a problem for people dealing with liberalism, but I think mainly in this area. The fateful linking of liberalism to an adversarial stance vis-a-vis tradition and social norms stems from Mill. It has unfortunately become standard. Owen Chadwick

123
00:17:59.040 --> 00:18:07.120
There's a famous historian of religion, Dixie Professor Emeritus at Cambridge, and this

124
00:18:07.120 --> 00:18:11.240
is what he wrote about liberalism.

125
00:18:11.240 --> 00:18:17.200
Chadwick said, a liberal is one who wanted, of the 19th century, one who wanted more liberty,

126
00:18:17.200 --> 00:18:23.280
that is more freedom from restraint, whether the restraint was exercised by police, or

127
00:18:23.280 --> 00:18:30.960
by law or by social pressure or by an orthodoxy of opinion which men assailed at their peril.

128
00:18:30.960 --> 00:18:35.120
The liberal thought that men needed far more room to act and think than they were allowed

129
00:18:35.120 --> 00:18:40.840
by established laws and conventions in European society.

130
00:18:40.840 --> 00:18:44.900
Note how in this statement no distinction is made between state coercion on the one

131
00:18:44.900 --> 00:18:50.080
hand and social pressure, orthodox opinion and conventions on the other.

132
00:18:50.080 --> 00:18:58.080
A famous British historian of political thought is a man named John Donne, and Donne wrote,

133
00:18:58.080 --> 00:19:11.080
If the central dispositional value of liberals is tolerance, their central political value is perhaps a fundamental antipathy towards authority in any of its forms.

134
00:19:11.080 --> 00:19:16.080
Dispositionally, liberalism has little regard for the past.

135
00:19:16.080 --> 00:19:25.080
Okay, so much for Macaulay, Thierry, W.H. Leckie, Acton and all the other liberal historians we could mention.

136
00:19:25.080 --> 00:19:38.080
Descriptions of Chadwicks and Duns are much more expressive of the antinomian, lawless, normless mentality of contemporary Western academics

137
00:19:38.080 --> 00:19:46.080
and the contemporary western chattering classes, than of liberalism historically.

138
00:19:46.080 --> 00:19:55.080
Mill's view tends to erase the radical distinction, I would say, between incurring social disapproval and incurring imprisonment.

139
00:19:55.080 --> 00:20:03.080
It leads to pitting liberalism against innocent, non-coercive traditional values and arrangements, especially religious ones.

140
00:20:03.080 --> 00:20:18.080
It also forges an offensive alliance between liberalism and the state, even if contrary to Mill's intentions, since it is hard to see how one can be sure of uprooting traditional norms, except through the massive use of political power.

141
00:20:18.080 --> 00:20:34.080
Contemporary writers committed to the million project of enjoining autonomy, the highest possible good, do not shrink from advocating this course, presumably unaware of its totalitarian implications.

142
00:20:34.080 --> 00:20:43.080
Paul Gottfried has illustrated this in his two small books on after-liberalism and on multiculturalism.

143
00:20:43.080 --> 00:20:50.080
How autonomy becomes the guiding star, autonomy understood as the rejection of tradition,

144
00:20:50.080 --> 00:20:54.080
the rejection of inherited social norms, the rejection of religion,

145
00:20:54.080 --> 00:21:02.080
and the people who take that position then feel perfectly free as you can see everywhere in America today,

146
00:21:02.080 --> 00:21:20.080
In America today, Western Europe also, they use the state, its various institutions, educational institutions and other institutions, in order to, as much as possible, erase the inherited traditions and values of the past.

147
00:21:20.080 --> 00:21:26.080
Replace them by their own idea of what is supposed to be autonomy.

148
00:21:26.080 --> 00:21:53.080
When I'm talking about John Stuart Mill, I want to mention one other famous writer whose point of view has also distorted the meaning of liberalism and added to this conceptual mayhem where liberalism can mean virtually anything, anything except, of course, Nazism, and that's John Maynard Keynes.

149
00:21:53.080 --> 00:21:59.080
Now, you can look up my article in the free market on Keynes and the Reds.

150
00:21:59.080 --> 00:22:08.080
This is a short version of a chapter that will appear in my book on classical liberalism on John Maynard Keynes.

151
00:22:08.080 --> 00:22:15.080
It's been a long time being worked on, many, many years,

152
00:22:15.080 --> 00:22:22.080
and my publisher, Routledge, suggests that I might start planning to have it published posthumously.

153
00:22:22.080 --> 00:22:32.480
If anybody is interested in many more citations about Mill on this point, that is his sympathy

154
00:22:32.480 --> 00:22:37.800
for totalitarian experiments, as he called them, especially in the Soviet Union, if you

155
00:22:37.800 --> 00:22:44.960
want further references from Mill's writings, as with any of the other talks I'm giving,

156
00:22:44.960 --> 00:22:49.380
give me your email address, also your mailing address would be good, and I'll send them

157
00:22:49.380 --> 00:23:17.380
Mill is another troubled individual. You'd think on the face of it that he'd be a prima facie case not to call him a liberal, since the hallmark of liberalism is the idea that society can run itself.

158
00:23:17.380 --> 00:23:30.380
That's how liberalism started in the rejection of mercantilism and authoritarianism, state authoritarianism in every respect in the 18th century, 17th century also, what the level is.

159
00:23:30.380 --> 00:23:38.380
Society runs itself. Voluntary agreements based on the principle of private property pretty much take care of everything.

160
00:23:38.380 --> 00:23:49.460
Keynes is most famous for rejecting this idea in the core area of classical liberalism economics

161
00:23:49.460 --> 00:23:56.820
and maintaining that an unregulated market economy cannot achieve full employment and

162
00:23:56.820 --> 00:24:07.180
is subject to regular depressions and business fluctuations, very damaging to the masses

163
00:24:07.180 --> 00:24:17.180
This is his economic theory, which has been exploded many times now. However, beyond that, he was also a social philosopher.

164
00:24:17.180 --> 00:24:28.180
And I think, as with Mill, there's first of all the fact that he's in the British tradition, which gives him a head start in the minds of many people.

165
00:24:28.180 --> 00:24:30.180
The Theory of Money and Credit

166
00:24:58.180 --> 00:25:12.180
Now, one thing that's odd about Keynes is his sympathy for totalitarian experiments in the 1920s and 1930s.

167
00:25:12.180 --> 00:25:18.180
And as I say, I can give you references in the 1920s and his visits to the Soviet Union.

168
00:25:18.180 --> 00:25:26.180
Oh sure, he didn't like the suppression of thought, of dissenters.

169
00:25:26.180 --> 00:25:39.180
Very typical, again of his kind of liberal, the emphasis on what the problems encountered by the intelligentsia, by people who like to talk and think and publish their views.

170
00:25:39.180 --> 00:25:45.180
There were other people who suffered in the Soviet Union and suffered much more massively.

171
00:25:45.180 --> 00:25:53.180
I don't know if you've ever noticed, but often, maybe less now that evidence has come out,

172
00:25:53.180 --> 00:25:58.820
The purge trials were directed against the leaders of the communist party, Stalin's rivals.

173
00:25:58.820 --> 00:26:06.820
The masses of people who had been oppressed and killed by the millions, the peasants and small business people,

174
00:26:06.820 --> 00:26:16.820
and working for the people, the people who had been killed by the millions, the peasants and small business people,

175
00:26:16.820 --> 00:26:28.820
by the millions, the peasants and small business people and working people, the intellectuals seem to take that in stride,

176
00:26:28.820 --> 00:26:39.320
well, that's kind of the price for building up socialism, but when an intellectual like Leon Trotsky is now put on trial and condemned to death in absentia,

177
00:26:39.320 --> 00:26:45.720
they get very excited and John Dewey sets up an international commission to investigate the case of Leon Trotsky.

178
00:26:45.720 --> 00:26:58.520
What about the case of Ivan Smirnoff and his family and his kids who died in some Ukrainian village of starvation?

179
00:26:58.520 --> 00:27:03.520
That wasn't too much of a problem for many of these so-called liberals.

180
00:27:03.520 --> 00:27:08.320
Now, Keynes in his visits to the Soviet Union, I say, was critical of this aspect.

181
00:27:08.320 --> 00:27:36.320
On the other hand, he had a very strange, and I can provide you the quotes from, if you care to have them, very strange, made very strange statements about how the Soviet, we have to at least give this to the Soviet leaders, that they are extirpating the crazy love of money, which is the hallmark of our own civilization, and the worst moral failing of our civilization.

182
00:27:36.320 --> 00:27:42.320
In the Soviet Union, the communist cadres work for the sake of the community.

183
00:27:42.320 --> 00:27:49.320
Here he was in perfect harmony with his good friend Beatrice Webb, who said the same thing at the time

184
00:27:49.320 --> 00:27:55.320
and remained a good friend of Cain's, one of his best friends up until the time she died in 1946.

185
00:27:55.320 --> 00:27:59.320
I think she died in 1943 and Cain died in 1946.

186
00:27:59.320 --> 00:28:05.320
So that he does have sympathy for the Soviet Union at that time.

187
00:28:05.320 --> 00:28:11.320
There's a famous essay of his that appeared in the Yale Review.

188
00:28:11.320 --> 00:28:16.320
It's also in his collected works, but the collected works does not contain everything he says in that review.

189
00:28:16.320 --> 00:28:23.320
Let me see, I think it was the Yale Review, it was 1933, I think it was April of 1933,

190
00:28:23.320 --> 00:28:34.320
where he praises the experiments now going on in Italy, Germany and the Soviet Union.

191
00:28:34.320 --> 00:28:45.320
He says, I don't agree with everything that they're doing, and the Nazis especially are wild, crazy people.

192
00:28:45.320 --> 00:28:53.320
On the other hand, they at least have the courage to experiment, which is something that nobody in the West is prepared to do.

193
00:28:53.320 --> 00:28:59.320
We're stuck with this old laissez-faire system, and the people of the establishment,

194
00:28:59.320 --> 00:29:28.320
In 1933, he also wrote the preface to the 1936 German edition of the General Theory, which is very questionable.

195
00:29:28.320 --> 00:29:36.320
He talks about how his system is more adapted to a country like Germany than it is to a country like England or America.

196
00:29:36.320 --> 00:29:44.320
And by the way, that is not due to any mistranslation. That's what appears in the English draft.

197
00:29:44.320 --> 00:29:51.320
Now, what I want to mention now, what I talk about in this thing in the free market,

198
00:29:51.320 --> 00:29:58.820
is a statement that he makes in a radio broadcast of June of 1936

199
00:30:00.820 --> 00:30:07.820
where he's reviewing, he reviews books and here he reviews a massive tome that has just come out

200
00:30:07.820 --> 00:30:10.820
a tome that has just come out from Sidney and Beatrice Webb

201
00:30:11.320 --> 00:30:15.320
called Soviet Communism and New Civilization

202
00:30:16.320 --> 00:30:20.320
famously the first edition of that had a question mark after New Civilization

203
00:30:20.320 --> 00:30:43.320
This book of theirs is noted as probably the most notorious, really infamous act of any fellow travelers in the whole sordid history of fellow traveling with Stalinism of the 1930s and 1940s.

204
00:30:43.320 --> 00:30:48.120
most of the information comes directly from the Soviet sources and it's an

205
00:30:48.120 --> 00:30:55.560
apologia for what Stalin is doing. This is 1936. The book was published in Russian

206
00:30:55.560 --> 00:31:01.960
translation in the Soviet Union as the web's note, very nicely produced,

207
00:31:01.960 --> 00:31:10.920
good paper and so on. The Soviet authorities welcomed it. So you would

208
00:31:10.920 --> 00:31:16.920
I expect then a liberal like Keynes in his radio review to attack this book.

209
00:31:16.920 --> 00:31:19.920
That's not what he does.

210
00:31:19.920 --> 00:31:26.920
He says Soviet communism is a book which every serious citizen will do well to look into.

211
00:31:26.920 --> 00:31:31.920
Until recently events in Russia were moving too fast

212
00:31:31.920 --> 00:31:38.920
and the gap between paper professions and actual achievements was too wide for a proper account to be possible.

213
00:31:38.920 --> 00:31:50.420
But the new system, he means hardcore Stalinism, 1936, but the new system is now sufficiently crystallized to be reviewed.

214
00:31:50.420 --> 00:32:00.420
The result is impressive. The Russian innovators have passed not only from the revolutionary stage, but also from the doctrinaire stage.

215
00:32:00.420 --> 00:32:08.420
I guess that makes him a liberal, but he's not a doctrinaire. He's in favor of compromise and flexibility.

216
00:32:08.420 --> 00:32:19.420
as is shown by these Soviet authorities. There is little or nothing left which bears any special relation to Marx and Marxism as distinguished from other systems of socialism.

217
00:32:19.420 --> 00:32:34.420
They are engaged in the vast administrative task of making a completely new set of social and economic institutions work smoothly and successfully over a territory so extensive that it covers one sixth of the land surface of the world.

218
00:32:34.420 --> 00:32:37.920
Methods are still changing rapidly in response to experience.

219
00:32:37.920 --> 00:32:40.780
That also, I guess, is supposed to make him a liberal.

220
00:32:40.780 --> 00:32:46.500
That he's against any kind of principles

221
00:32:46.500 --> 00:32:50.460
and in favor of constant adjustment to experience.

222
00:32:50.460 --> 00:32:54.380
The largest scale empiricism and experimentalism,

223
00:32:54.380 --> 00:33:00.340
which has ever been attempted by disinterested administrators,

224
00:33:00.340 --> 00:33:02.940
is in operation.

225
00:33:02.940 --> 00:33:11.180
Meanwhile, the webs have enabled us to see the direction in which things appear to be moving and how far they have got.

226
00:33:11.180 --> 00:33:16.780
It leaves me, finally, it leaves me with a strong desire and hope that we in this country, in Britain,

227
00:33:16.780 --> 00:33:24.300
may discover how to combine an unlimited readiness to experiment with changes in political and economic methods and institutions,

228
00:33:24.300 --> 00:33:27.820
while preserving traditionalism and a sort of careful conservatism.

229
00:33:27.820 --> 00:33:40.820
That's very typical of Mill. I mean, if you try to make sense of that, unlimited desire to experiment and change things combined with a careful conservatism, what is he saying?

230
00:33:40.820 --> 00:33:55.820
But if you're able to follow his remarks about the Soviet Union, now it happens that some authors, famous authors like T.S. Eliot, for instance, a number of others, Mencken recently,

231
00:33:55.820 --> 00:34:04.300
recently made unfortunate comments in regard to Jews and in regard to sometimes in regard to

232
00:34:04.300 --> 00:34:12.140
National Socialist Germany in this period and unfortunate and mistaken and deplorable sometimes.

233
00:34:13.100 --> 00:34:19.740
However, the whole world resounds with that fact that all of these authors are somehow guilty of

234
00:34:19.740 --> 00:34:26.740
of Anti-Semitism and helped along the road to Auschwitz and so on.

235
00:34:26.740 --> 00:34:32.740
I never stop hearing about that, if you follow these things as I do.

236
00:34:32.740 --> 00:34:35.740
Why don't we hear about this?

237
00:34:35.740 --> 00:34:42.740
You may know that the man who's just finished the third and last volume of his great biography of Keynes,

238
00:34:42.740 --> 00:35:12.740
Robert Skadelsky, Lord Skadelsky, he's raised in the peerage because I think of this great biography, well, in the second volume where he should have mentioned this, this radio talk by Keynes, which can be found in Keynes's collected works, it's not there, I wrote Lord Skadelsky, those are the kind of people I hang out with really,

239
00:35:12.740 --> 00:35:16.740
Dear Bob, how are things?

240
00:35:16.740 --> 00:35:19.740
And I asked him how come this did not appear.

241
00:35:19.740 --> 00:35:26.740
How come it didn't appear in a major article he wrote on Keynes and the Fabians?

242
00:35:26.740 --> 00:35:29.740
Sidney and Beatrice Webb were the leaders of the Fabian Society.

243
00:35:29.740 --> 00:35:35.740
And he wrote back and said, well, there are reasons that explain why Keynes wrote this.

244
00:35:35.740 --> 00:35:39.740
He was friendly with the Webb's and he wanted to promote their book.

245
00:35:39.740 --> 00:35:44.740
He was afraid that some Russian friends of his, who had relatives in the Soviet Union,

246
00:35:44.740 --> 00:35:49.740
if he wrote negatively about the Soviet Union, would feel the repercussions.

247
00:35:49.740 --> 00:35:56.740
But Skidelsky said, I'll try to put this in somehow in my third volume.

248
00:35:56.740 --> 00:35:58.740
He didn't put it into his third volume.

249
00:35:58.740 --> 00:36:02.740
As far as history goes, this has disappeared.

250
00:36:02.740 --> 00:36:06.740
Unless you have access to the free market.

251
00:36:06.740 --> 00:36:16.740
What explains that? I don't think that that's an honest way to operate.

252
00:36:16.740 --> 00:36:20.740
This is an outrageous thing for Keynes to have written.

253
00:36:20.740 --> 00:36:27.740
By that time, anybody who wanted to know could find out what was happening in the Soviet Union.

254
00:36:27.740 --> 00:36:40.740
They could find out about the Ukrainian terror famine that claimed, we don't know, 6, 7, 8 million people with cannibalism in the villages.

255
00:36:40.740 --> 00:36:44.740
They could find out about the gulag that had been set up by Lenin.

256
00:36:44.740 --> 00:36:50.740
They could find out about the constant executions that were going on.

257
00:36:50.740 --> 00:37:15.740
and then they found killing fields containing tens of thousands of bodies, anybody could have found out about this, it was in the anarchist press, it was in the socialist press, it was in the catholic press, it was in some of the conservative press also, so you didn't have to go by the lies of the webs to judge what was happening in the Soviet Union.

258
00:37:15.740 --> 00:37:24.740
Well, I want to say that this is a very odd thing for a model liberal to have written.

259
00:37:24.740 --> 00:37:31.740
Not only a model liberal, but there are anthologies of liberal thought that say liberalism from what?

260
00:37:31.740 --> 00:37:37.740
John Locke to John Maynard Keynes, as if he were the culmination of liberalism.

261
00:37:37.740 --> 00:37:59.740
Well, let's go on from there to a major subject I want to cover now, and that is the classical liberal theory of class conflict.

262
00:37:59.740 --> 00:38:12.740
The greatest interpreters of this theory were French.

263
00:38:12.740 --> 00:38:18.740
So I want to say something about French liberalism to begin with.

264
00:38:18.740 --> 00:38:23.740
I mentioned to you that Murray Rothbard in his history of economic thought

265
00:38:23.740 --> 00:38:34.740
tends to place French economic thought ahead of British economic thought, French and continental in general.

266
00:38:34.740 --> 00:38:45.740
As I mentioned to you, Murray is especially annoyed by Adam Smith and his reputation, which Murray, remember, said,

267
00:38:45.740 --> 00:39:01.740
Adam Smith's reputation almost blinds the sun, and then this view that Adam Smith was somehow the father of economics, continuing with Malthus, Ricardo Mill, Marshall, and of course culminating in Keynes.

268
00:39:01.740 --> 00:39:28.740
Murray much prefers the continental tradition of Turgot, including Bastiat, who we considered a very fine economist and there was a very interesting article, I think, in the quarterly review of Austrian economics by Professor Hülsmann on Bastiat as a precursor of Austrian economics.

269
00:39:28.740 --> 00:39:39.740
Hayek has not helped the cause along, because Hayek wrote a famous essay called True and False Individualism.

270
00:39:39.740 --> 00:39:48.740
And here, rather bafflingly, I think, Hayek attempts to distinguish two traditions of individualism,

271
00:39:48.740 --> 00:39:54.740
or that was the term that he was using at the time for liberalism or classical liberalism.

272
00:39:54.740 --> 00:40:04.740
The first, basically a British and empirical line of thought according to Hayek, represents genuine liberalism.

273
00:40:04.740 --> 00:40:11.740
He believes the second French and continental tradition is not liberal really at all.

274
00:40:11.740 --> 00:40:19.740
Rather it is a rationalistic deviation that leads inevitably, as he says, to collectivism.

275
00:40:19.740 --> 00:40:25.740
This follows Hayek's claims from the contrasting social theories underlying the two doctrines.

276
00:40:25.740 --> 00:40:30.740
Where the British tradition appreciates the truth regarding social institutions,

277
00:40:30.740 --> 00:40:33.740
that they originate and develop spontaneously,

278
00:40:33.740 --> 00:40:42.740
the French and Continental tradition holds them to be products of deliberate human contrivance or design.

279
00:40:42.740 --> 00:40:47.740
Hayek was the head of my dissertation committee at Chicago many years ago.

280
00:40:47.740 --> 00:41:11.740
I've always had very great respect for him, and he was a person who probably was as good a scholar that is learned in the history of thought as he was an economist, but here in this denigration of the continental and French liberal tradition, I really cannot follow him.

281
00:41:11.740 --> 00:41:37.740
For one thing, there's a kind of funny game that he plays, because in the British tradition, he lists not only David Hume, Smith and Burke, but also Alexis de Tocqueville and Benjamin Constant, who were not exactly British subjects.

282
00:41:37.740 --> 00:41:51.240
And among the French, he mentions the physiocrats, the encyclopedists, Jean-Jacques Rousseau and Henri de Saint-Simon.

283
00:41:51.240 --> 00:41:55.240
Am I going to be talking about Rousseau and Saint-Simon? I'll talk about tomorrow.

284
00:41:55.240 --> 00:42:05.740
Now, it's a peculiar thing it seems to me, if you're talking about liberal tradition,

285
00:42:05.740 --> 00:42:13.340
to bring in the French encyclopedists, who have a whole bundle of baggage of their own,

286
00:42:13.340 --> 00:42:19.980
and some people do consider them liberals, but Diderot and Dolbach and so on, hardly liberal in

287
00:42:19.980 --> 00:42:25.820
my view, certainly not Rousseau, certainly not Henri de Saint-Simon, one of the utopian socialists.

288
00:42:25.820 --> 00:42:41.820
So this is how the French get burdened with the idea of being in some tradition that leads inevitably to totalitarianism.

289
00:42:41.820 --> 00:42:47.820
Hayek goes so far as to speak of the absence of a truly liberal tradition in France.

290
00:42:47.820 --> 00:42:59.100
What can you say when it's obvious that there was an immense liberal tradition in the 19th century?

291
00:42:59.100 --> 00:43:16.340
He traces all of these French problems back to Descartes, who thinks somehow hatched the

292
00:43:16.340 --> 00:43:27.340
The idea of social engineering, a scientism, as Hayek discusses it, but if you want to select somebody, it wouldn't be Descartes, who wrote practically nothing about social theory.

293
00:43:27.340 --> 00:43:40.340
I think a much more likely candidate would be the English philosopher Francis Bacon, who thought that in the future, society ought to be recreated on the model of science.

294
00:43:40.340 --> 00:43:52.340
Well, more could be said about this, but I just want to point out that there are very serious problems with Hayek if you ever come across this essay on true and false individualism.

295
00:43:52.340 --> 00:44:06.340
For one thing, this distinction between individualism or liberalism based on the idea of spontaneous order created by voluntary interaction on the one hand,

296
00:44:06.340 --> 00:44:15.800
on the one hand, versus the idea of order being created by social engineering, leaves

297
00:44:15.800 --> 00:44:21.780
out a very central liberal tradition, which is the tradition of natural rights, the sort

298
00:44:21.780 --> 00:44:26.500
of thing that David Hume and Burke and Adam Smith were not really centrally concerned

299
00:44:26.500 --> 00:44:32.100
with, and certainly these French people like Rousseau and Saint-Simon were not concerned

300
00:44:32.100 --> 00:44:40.100
But there was this whole tradition of natural rights, and the French kept going long after the English had given them up.

301
00:44:44.100 --> 00:44:54.100
Now, turning now to the doctrine of class conflict, which as I say is best developed by the French.

302
00:44:54.100 --> 00:45:07.480
by the French. The idea that classes are in conflict is almost inevitably and invariably

303
00:45:07.480 --> 00:45:15.820
associated with Marxism. I don't know if you know the name, Hirschman, Albert O. Hirschman,

304
00:45:15.820 --> 00:45:38.820
Some economists might have come across him. He's an economist. And he has a reputation of being an economist who's thoroughly familiar with the history of thought, with intellectual occurrence of the modern period.

305
00:45:38.820 --> 00:45:48.820
In front of his books, Hirschman comes across a statement by the famous Italian economist,

306
00:45:48.820 --> 00:45:56.820
Wilfredo Pareto, where Pareto talks about class conflict.

307
00:45:56.820 --> 00:46:03.820
And Hirschman is obviously the loss when confronted by this, because as he says,

308
00:46:03.820 --> 00:46:14.580
says, it sounded at first curiously, perhaps consciously, like the communist manifesto.

309
00:46:14.580 --> 00:46:31.500
But as he says, Pareto distanced himself from Marxism by talking about sporeliation.

310
00:46:31.500 --> 00:46:37.740
Now, what is obvious from this, what is clear as day from this, is that this celebrated

311
00:46:37.740 --> 00:46:45.120
expert in intellectual history has not got the first notion of a classical liberal class

312
00:46:45.120 --> 00:46:53.440
conflict theory. The term spoliation, spogliazione in Italian, we'll talk about the Italians

313
00:46:53.440 --> 00:47:00.180
in a little while, was the term used by innumerable classical liberal writers, including Bastiat

314
00:47:00.180 --> 00:47:06.820
for instance, to refer to the exploitation of one part of society by another part of

315
00:47:06.820 --> 00:47:11.580
society using the state.

316
00:47:11.580 --> 00:47:20.860
This was a commonplace of this whole intellectual tradition and maybe you can understand sometimes

317
00:47:20.860 --> 00:47:33.860
This is why people, of our point of view, get a little annoyed at their intellectual adversaries for simply not doing their homework,

318
00:47:33.860 --> 00:47:43.860
not acknowledging our own tradition, our own thinkers, not equating themselves with our own thinkers.

319
00:47:43.860 --> 00:47:49.860
You have to take my word for it, that Hirschman is famous for knowing everything about intellectual history.

320
00:47:49.860 --> 00:47:57.260
and here, and Pareto, you know, is a very big name in the history of economic thought.

321
00:47:57.260 --> 00:48:02.980
Now this is what Pareto was, this is what Hirschman was talking about from the beginning

322
00:48:02.980 --> 00:48:09.420
of the Communist Manifesto, the history of all hitherto existing society, 1848, the history

323
00:48:09.420 --> 00:48:15.720
of all hitherto existing society is the history of class struggles, freemen and slave, patrician

324
00:48:15.720 --> 00:48:21.640
Christian and plebeian, lord and serf, guild master and journeyman, in a word, oppressor

325
00:48:21.640 --> 00:48:25.720
and oppressed, stood in constant opposition to one another.

326
00:48:25.720 --> 00:48:28.000
That was 1848.

327
00:48:28.000 --> 00:48:36.760
In 1837, one of the French liberal school, a man named Adolphe Blanqui, who was a protégé

328
00:48:36.760 --> 00:48:44.880
of Jean-Baptiste Say, wrote what is probably the first history of economic thought.

329
00:48:44.880 --> 00:48:51.860
In all the revolutions there have always been but two parties opposing each other, that

330
00:48:51.860 --> 00:48:56.320
of the people who wish to live by their own labor and that of those who would live by

331
00:48:56.320 --> 00:49:04.320
the labor of others. Patricians and plebeians, slaves and freemen, whelps and gibbelines,

332
00:49:04.320 --> 00:49:10.800
red roses and white roses, cavaliers and roundheads, liberals and serviles are only varieties of

333
00:49:10.800 --> 00:49:13.100
of the same species.

334
00:49:13.100 --> 00:49:16.440
There's no doubt that Marx read everything on economics,

335
00:49:16.440 --> 00:49:20.520
read Blanqui's history of economic thought.

336
00:49:20.520 --> 00:49:24.160
Blanqui quickly makes clear what he understands

337
00:49:24.160 --> 00:49:28.120
to be at issue in these social struggles that

338
00:49:28.120 --> 00:49:30.080
permeate history.

339
00:49:30.080 --> 00:49:32.360
So in one country, it is through taxes

340
00:49:32.360 --> 00:49:35.640
that the fruit of the laborers' toil is wrested from him

341
00:49:35.640 --> 00:49:37.760
under pretense of the good of the state.

342
00:49:37.760 --> 00:49:40.000
In another, it is by privileges declaring labor

343
00:49:40.000 --> 00:49:45.680
or Royal Concession and making one pay dearly for the right to devote himself to it, through

344
00:49:45.680 --> 00:49:48.840
the guilds, for instance, or government monopolies.

345
00:49:48.840 --> 00:49:55.480
The same abuse is reproduced under more indirect but no less oppressive forms when, by means

346
00:49:55.480 --> 00:50:01.060
of customs duties of tariffs, the state shares with the privileged industries the benefits

347
00:50:01.060 --> 00:50:06.840
of the taxes imposed on all those who are not privileged.

348
00:50:06.840 --> 00:50:16.520
So here we have, in a nutshell, the liberal theory of class conflict, predating the Marxist

349
00:50:16.520 --> 00:50:23.720
theory, stated in terms probably nearly copied by Marx at the beginning of the Communist

350
00:50:23.720 --> 00:50:35.160
Manifesto, that no one, very few exceptions, myself, Joe Stromberg, Hans Hoppe and now you

351
00:50:35.160 --> 00:50:43.760
are acquainted with, so if you thought that whatever you had to pay to come to this gathering

352
00:50:43.760 --> 00:50:53.360
was questionable, now you know it wasn't, because you have this secret knowledge, and

353
00:50:53.360 --> 00:50:59.480
in fact it's going to remain secret, it doesn't matter that we publish these things in publications

354
00:50:59.480 --> 00:51:04.620
of the Mises Institute, Hirschman is not going to learn anything from it, Skudelsky didn't

355
00:51:04.620 --> 00:51:11.620
changes mind about mentioning Keynes' rave review for Soviet communism and new civilization.

356
00:51:12.820 --> 00:51:19.820
Well we do what we can. Now, by the time that Blankey wrote in 1837, this idea was a commonplace

357
00:51:22.500 --> 00:51:29.500
of classical liberal thought. In fact, it has its roots in the 19th century. I wanted

358
00:51:29.500 --> 00:51:55.500
from the 19th century. I wanted a quote from something that should be known by intellectual historians and that is from Alexis de Tocqueville's

359
00:51:55.500 --> 00:51:57.500
Recollections

360
00:52:05.500 --> 00:52:11.500
Tocqueville, everybody quotes, he's almost as often quoted as Winston Churchill

361
00:52:11.500 --> 00:52:17.500
and in his recollections Tocqueville writes about the middle class

362
00:52:17.500 --> 00:52:21.500
which historians tell us came to power in France in 1830

363
00:52:21.500 --> 00:52:24.500
under the bourgeois monarchy of Louis Philippe

364
00:52:24.500 --> 00:52:34.500
This is supposed to have been the period of liberalism in the first part of the 19th century in France.

365
00:52:34.500 --> 00:52:42.500
And Tocqueville says, this middle class entrenched itself in every vacant government job,

366
00:52:42.500 --> 00:52:54.500
prodigiously augmented the number of such jobs and accustomed itself to live almost as much upon the Treasury as upon its own industry.

367
00:52:54.500 --> 00:53:06.500
So he's talking about a bourgeoisie or middle class, very different from what we understood in America in those days or Britain in those days.

368
00:53:06.500 --> 00:53:13.060
This is a middle class that has many similarities to the middle classes in other European countries.

369
00:53:13.060 --> 00:53:22.860
Send their sons to university, to be university educated in order to get government jobs and never have to work again.

370
00:53:22.860 --> 00:53:32.460
And what he says is, this is the great victory of the so-called liberal bourgeoisie in France.

371
00:53:32.460 --> 00:53:38.460
Under Louis Philippe, they expanded the government bureaucracy and created jobs for their own kind.

372
00:53:38.460 --> 00:53:47.460
If you look up the Declaration of the Rights of Man and of the Citizen of the French Revolution and the Constitution of 1791,

373
00:53:47.460 --> 00:53:57.460
you read it over, I think I mentioned that it doesn't bear comparison and that Joe did also in his talk with the American Bill of Rights

374
00:53:57.460 --> 00:54:03.460
and Human Rights, because there are so many loopholes for government action against individual liberty.

375
00:54:03.460 --> 00:54:09.460
But I think that the section that they felt most strongly about, that really was heartfelt,

376
00:54:09.460 --> 00:54:15.460
is where they say, all government offices shall be open to all citizens,

377
00:54:15.460 --> 00:54:21.460
regardless of what class they come from, nobility or commoners,

378
00:54:21.460 --> 00:54:29.460
should have equal access to all the awards and positions and functions that the government has to offer.

379
00:54:29.460 --> 00:54:39.460
There were some French liberals of our sort, the authentic liberals, in the later part of the century.

380
00:54:39.460 --> 00:54:49.460
I'll mention, in fact, some of these French class conflict theorists who said that was the essence of the French Revolution.

381
00:54:49.460 --> 00:55:08.460
The commoners, the third estates revolt against the aristocracy because the aristocracy and the French monarchy had limited access to government positions and the civilian and military bureaucracies in the church and so on.

382
00:55:08.460 --> 00:55:18.460
The third estate was kept out of those and had to crush the power of the privileged orders in order to get those jobs.

383
00:55:18.460 --> 00:55:25.460
Well, that's a possible and fruitful interpretation of the revolution, I believe.

384
00:55:25.460 --> 00:55:42.460
But now, I want to direct attention to some authors of the very early part of the century,

385
00:55:42.460 --> 00:56:03.460
Right after the overthrow of Napoleon, under the Bourbon Restoration, a group of then young liberals founded a journal, happened to be called the Sancerre Européenne, and began publishing their views.

386
00:56:03.460 --> 00:56:28.660
Their views were a synthesis of some earlier, somewhat earlier, French thinkers like Constant, like Destut de Tracy, and like Jean-Baptiste Say.

387
00:56:28.660 --> 00:56:42.860
And in this journal, which just lasted for a few years, they outlined a philosophy of history that includes, embedded in it, a theory of class conflict,

388
00:56:42.860 --> 00:56:53.060
and gave the best, clearest interpretation of this classical liberal view that I'm aware of.

389
00:56:53.060 --> 00:56:58.060
Say was a very important influence. Let me mention who these men were.

390
00:57:01.060 --> 00:57:03.060
The European censor.

391
00:57:12.060 --> 00:57:17.060
And there was Charles de Noyer.

392
00:57:17.060 --> 00:57:44.060
Charles Comte, there was no relation to Auguste Comte, Auguste Comte was one of the founders of sociology and a deeply evil man, and Augustin Thierry, Thierry became the most famous, he was a well-known historian in the 19th century.

393
00:57:44.060 --> 00:57:59.060
Now, and Say was the father-in-law of Charles Comte. So there was a, and also everybody met each other socially in the salons of the time. So there was a close interconnection.

394
00:57:59.060 --> 00:58:19.060
Now, according to Say, the different ways of producing all consist in taking a product in one state and putting it into another in which it has more utility and value.

395
00:58:19.060 --> 00:58:21.060
This is what Murray is talking about.

396
00:58:21.060 --> 00:58:26.060
This is while Malthus and Ricardo were talking about the labor theory of value.

397
00:58:26.060 --> 00:58:35.060
According to him, all members of society who contribute to the creation of values are deemed productive,

398
00:58:35.060 --> 00:58:45.060
but Say awards a pride of place to the entrepreneur, which is one of his major contributions, and Murray talks about that in his History of Economic Thought.

399
00:58:45.060 --> 00:58:52.060
Unlike Smith, for instance, who had no place there for the entrepreneur, he talks about the capitalist instead,

400
00:58:52.060 --> 00:59:05.060
Say understands the contribution of the entrepreneur to the dynamic free enterprise, free market economy that he believes is coming into existence.

401
00:59:05.060 --> 00:59:09.060
In other words, we have the opposite of the pessimism of the English school.

402
00:59:09.060 --> 00:59:24.140
However, there are flies in the ointment. Say says, and talks about the value of personal

403
00:59:24.140 --> 00:59:30.700
interest in fueling the economy, but personal interest is no longer a safe criterion if

404
00:59:30.700 --> 00:59:36.160
individual interests are not left to counteract and control each other. If one individual or

405
00:59:36.160 --> 00:59:42.800
For one class can call in the aid of authority to ward off the effects of competition, it

406
00:59:42.800 --> 00:59:47.160
acquires a privilege and at the cost of the whole community.

407
00:59:47.160 --> 00:59:52.520
This is the origin of class conflict, the state entering into market relations.

408
00:59:52.520 --> 00:59:57.280
It can then make sure of profits not altogether due to the productive services rendered, but

409
00:59:57.280 --> 01:00:07.840
but composed in part of an actual tax upon consumers for its own private profit.

410
01:00:07.840 --> 01:00:11.700
The legislative body has great difficulty in resisting the importunate demands of this

411
01:00:11.700 --> 01:00:13.460
kind of privilege.

412
01:00:13.460 --> 01:00:18.320
The applicants are the producers who are to benefit thereby, who can represent with much

413
01:00:18.320 --> 01:00:22.040
plausibility that their own gains are a gain to the industrious classes.

414
01:00:22.040 --> 01:00:30.040
This is an important point, who can represent that their own gains are a gain to the industrious classes and to the nation at large.

415
01:00:30.040 --> 01:00:45.040
In other words, ordinarily, if we're talking about manufacturers or merchants, business people in general, well, they're the good guys.

416
01:00:45.040 --> 01:00:51.040
They help society along. They produce a utility for society.

417
01:00:51.040 --> 01:01:01.040
And that leads us to sort of misdirect our attention from the fact that they're the ones who are now coming asking for government privileges.

418
01:01:01.040 --> 01:01:14.040
In other words, what they would say is saying, if it were the members of the Catholic Church, or if it were noblemen, or if it were state functionaries who came and asked for special privileges,

419
01:01:14.040 --> 01:01:23.040
Well, right away we could see that they're suspect and that they are people who are trying to live now at the expense of others.

420
01:01:23.040 --> 01:01:41.040
But it's more difficult to see in the case of businessmen, which helps us to understand how it was possible for a noted author to write a book about American businessmen,

421
01:01:41.040 --> 01:01:54.040
and the Business Men, the Most Persecuted Minority, which Murray responded to, talking about the history of American business and the unfortunate connection, especially between big business and government.

422
01:01:57.040 --> 01:02:05.040
Now, the authors, these authors that I'm talking about invented a philosophy they called industrialism.

423
01:02:11.040 --> 01:02:28.040
In any given society, according to them, a sharp distinction may be drawn between those who live by plunder, and they don't hesitate to use the word, and those who live by production.

424
01:02:28.040 --> 01:02:35.040
The first are characterized in several ways, the plunderers. They are the idle, the devouring, the hornets.

425
01:02:35.040 --> 01:02:39.040
The second are, among other things, the industrious, the bees.

426
01:02:39.040 --> 01:02:50.040
Those who attempt to live without producing are the savages. The producers are the civilized men, no matter what the appearance might be.

427
01:02:50.040 --> 01:03:00.040
Cultural evolution has been such that whole societies may be designated as primarily plundering and idle, or as productive and industrious.

428
01:03:00.040 --> 01:03:16.040
The History of Old Hitherto Existing Society is the History of the Struggles between the Plundering and the Producing Classes

429
01:03:16.040 --> 01:03:40.040
They have the view of Benjamin Constant that the ancients for all their achievements, the Greeks and the Romans for all their achievements, were basically societies that were founded on war, on constant war making, which included of course imperialism and the plunder of other societies.

430
01:03:40.040 --> 01:03:56.040
And then came the German invasions, their concern mainly with the Frankish invasions, the invasions of the Franks, and then in England the invasion of the Normans, and the creation of feudalism.

431
01:03:56.040 --> 01:04:07.040
Now, I would say that they had a somewhat one-sided view of feudalism, but nonetheless this followed in their, followed their typology.

432
01:04:07.040 --> 01:04:15.040
The feudalism represented a kind of subordination that subjected the laboring men to the idle and devouring men,

433
01:04:15.040 --> 01:04:23.040
and which gave to the latter the means of existing without producing anything, or living nobly.

434
01:04:23.040 --> 01:04:28.040
They're talking mainly about robber barons, particularly.

435
01:04:28.040 --> 01:04:37.040
To the rapacious nobility, I'm summarizing hundreds and hundreds of pages that are written along these lines.

436
01:04:37.040 --> 01:04:42.040
To the rapacious nobility, there eventually succeeded the equally rapacious kings.

437
01:04:42.040 --> 01:04:51.040
And I'm quoting kind of promiscuously from all three authors, whose thefts with violence, alterations of the currency,

438
01:04:51.040 --> 01:05:00.040
Bankruptcies, confiscations, hindrances to industry are the common stuff of the history of France.

439
01:05:00.040 --> 01:05:06.040
When the lords were the stronger, they viewed as belonging to them everything they could lay hold of.

440
01:05:06.040 --> 01:05:12.040
As soon as the kings were on top and defeated the nobility, they thought and acted in the same way.

441
01:05:12.040 --> 01:05:17.040
With the growth of the wealth of the commoners, growth of the towns,

442
01:05:17.040 --> 01:05:22.040
Additional riches became available for expropriation by the parasitic classes.

443
01:05:22.040 --> 01:05:29.040
These writers are particularly severe on royal manipulation of money and legal tender laws.

444
01:05:29.040 --> 01:05:37.040
And in modern times, the main types of the idle classes have been the professional soldiers,

445
01:05:37.040 --> 01:05:44.040
the clerics of the state-established religion, the nobles and the bourgeois,

446
01:05:44.040 --> 01:05:53.040
who were nobled that has left the status of bourgeois in order to become nobles and governments.

447
01:05:53.040 --> 01:06:00.040
These authors had a lot to say about war and peace which I'll deal with I think this afternoon.

448
01:06:00.040 --> 01:06:09.040
In fact, in this newspaper, their motto in every issue printed at the top was,

449
01:06:09.040 --> 01:06:18.040
Pay et Liberté, Peace and Freedom

450
01:06:18.040 --> 01:06:34.040
One of the main categories of plunderers and exploiters of the present day, according to the Sans Serre Payen group, were state functionaries.

451
01:06:34.040 --> 01:06:41.040
and, in fact, I could even cite an article for you on them as precursors of the School of Public Choice.

452
01:06:45.040 --> 01:06:55.040
For them, and for Europeans at this time, this is the early 19th century, this is before the War of the Southern Secession and everything that followed that,

453
01:06:55.040 --> 01:07:09.040
America was a promised land and they cite the virtual non-existence of any kind of federal bureaucracy in the United States compared to France.

454
01:07:09.040 --> 01:07:18.040
You see that with the number of bureaucrats we have in France, you could have 30 United States federal governments staffed by them.

455
01:07:18.040 --> 01:07:23.040
Although the United States is now rapidly approaching the population of France.

456
01:07:23.040 --> 01:07:40.040
At this point, Say was one of the inspirations, but now we're talking about the class conflict theory of the Sancerre group.

457
01:07:40.040 --> 01:07:51.040
Well, I think that you're getting the idea. I'll talk if time permits about the continuation of this class conflict view.

458
01:07:51.040 --> 01:07:57.040
But one thing I want to point out, let's go back to Professor Hirschman and his kind.

459
01:07:57.040 --> 01:08:12.040
Class conflict sounded like Marxism. Well Marxism sometimes sounds like liberal class conflict theory.

460
01:08:12.040 --> 01:08:19.040
There are in fact two theories of social conflict in Marxism.

461
01:08:19.040 --> 01:08:26.600
Marxism. One is the one everybody knows about, that is, in the present day, of the bourgeoisie

462
01:08:26.600 --> 01:08:33.440
expropriating surplus value from the proletariat and therefore being its natural enemy.

463
01:08:33.440 --> 01:08:42.840
Here's another Marxism, though. This is from Marx's Description of France in the third

464
01:08:42.840 --> 01:09:02.600
The executive power, the French state, with its enormous bureaucracy and military organization,

465
01:09:02.600 --> 01:09:08.800
with its ingenious state machinery embracing wide strata, with a host of officials numbering

466
01:09:08.800 --> 01:09:13.200
a half a million, besides an army of another half a million.

467
01:09:13.200 --> 01:09:17.800
This appalling parasitic body, nothing about capitalists

468
01:09:17.800 --> 01:09:21.440
here so far, this appalling parasitic body,

469
01:09:21.440 --> 01:09:24.960
which enmeshes the body of French society like a net

470
01:09:24.960 --> 01:09:28.240
and chokes all of its pores, sprang up

471
01:09:28.240 --> 01:09:31.640
in the days of the old monarchy.

472
01:09:31.640 --> 01:09:33.280
The Bourbons and the July monarchy

473
01:09:33.280 --> 01:09:36.760
added nothing but a greater division of labor,

474
01:09:36.760 --> 01:09:43.080
More bureaucrats, and therefore new material for state administration.

475
01:09:43.080 --> 01:09:44.840
This is Karl Marx.

476
01:09:44.840 --> 01:09:53.000
Every common interest, somehow the common interest of everybody in society outside of the state,

477
01:09:53.000 --> 01:09:56.040
every common interest was straightway severed from society,

478
01:09:56.040 --> 01:10:03.720
counterposed to it as a higher general interest, snatched from the activity of society's members themselves,

479
01:10:03.720 --> 01:10:06.720
and Made an Object of Government Activity.

480
01:10:06.720 --> 01:10:11.220
Now I submit to you that that sounds very much like a classical liberal, right?

481
01:10:11.220 --> 01:10:15.220
If you follow what I'm saying here, that is the opposition of the state and state action

482
01:10:15.220 --> 01:10:17.220
with the rest of society.

483
01:10:17.220 --> 01:10:19.220
You're not talking about capitalists and workers here.

484
01:10:19.220 --> 01:10:24.220
You're just talking about the rest of society that was willing to see to these various tasks,

485
01:10:24.220 --> 01:10:25.420
do what had to be done.

486
01:10:25.420 --> 01:10:29.820
Instead, the state bureaucracy snatches it away from them.

487
01:10:29.820 --> 01:10:36.860
All revolutions perfected this machine, this is Alexis de Tocqueville, instead of smashing it.

488
01:10:36.860 --> 01:10:45.620
The parties that contended in turn for domination regarded the possession as this huge state edifice as the principal spoils of the victor.

489
01:10:45.620 --> 01:10:55.720
And here Marx was often very shrewd, especially when he dealt with concrete historical episodes and not his general economic theory.

490
01:10:55.720 --> 01:11:02.000
This you could say was the secret history of revolution in the 19th century and afterwards.

491
01:11:02.000 --> 01:11:07.240
The attempt of one group to seize the state power and everything that went with it, all

492
01:11:07.240 --> 01:11:11.440
the jobs especially from another group.

493
01:11:11.440 --> 01:11:16.120
A good quote from the Civil War in France.

494
01:11:16.120 --> 01:11:20.820
These quotations by the way are online from a short article I wrote for the Journal of

495
01:11:20.820 --> 01:11:30.220
of Libertarian Studies, Volume 1, Number 3, a long time ago.

496
01:11:30.220 --> 01:11:36.100
So you can check out these quotations from Marx.

497
01:11:36.100 --> 01:11:49.660
Now what I think I'll do at this point is save some elaborations of this until my afternoon

498
01:11:49.660 --> 01:12:07.660
What about Rabun and the Americans? Did he have any inspiration, did he read any of the books?

499
01:12:19.660 --> 01:12:27.660
These are the people who were very aware of what was being done to them by Northern manufacturing interests.

500
01:12:27.660 --> 01:12:34.660
These French scholars that later on were near Morales when the Americans won them, did that happen to them?

501
01:12:34.660 --> 01:12:37.660
Well, yeah.

502
01:12:37.660 --> 01:12:55.660
One problem was that, and is, that often people do not, who are totally goodwill and basically sensible ideas, in my view anyway, don't really know what's happening in another country.

503
01:12:55.660 --> 01:13:00.660
They have to go on the information that they get.

504
01:13:00.660 --> 01:13:11.660
The information is mediated by, you know, some group of intellectuals, foreign correspondents, journalists, or whatever, so they get a distorted view.

505
01:13:11.660 --> 01:13:22.660
So that many northerners, many French liberals, had a distorted view of what was going on in America at the time.

506
01:13:22.660 --> 01:13:42.660
Edward Laboulet was the most prominent French liberal of, let's say, the third quarter of the 19th century.

507
01:13:42.660 --> 01:14:00.660
He concocted a plan. He loved America, visited America, wrote about America. He was a very distinguished French academic, wrote about America, and felt the need to do something for America.

508
01:14:00.660 --> 01:14:06.660
He didn't want to do it as long as the Institution of Slavery existed.

509
01:14:06.660 --> 01:14:19.660
He was a great fan of Lincoln, a great supporter of the Union, and once the Southern Secession had been crushed, he could go along with his plan.

510
01:14:19.660 --> 01:14:22.660
His plan was to give America a present.

511
01:14:22.660 --> 01:14:31.660
And I set up an organization, instituted a campaign, not funded by government, oddly enough.

512
01:14:31.660 --> 01:14:40.660
They got contributions from affluent people, from working people, collected contributions at factories, schools and so on,

513
01:14:40.660 --> 01:14:50.660
and collected enough to build a statue to send to America on its birthday, and that was the Statue of Liberty.

514
01:14:50.660 --> 01:15:00.660
However, when you read Laboulet on the Civil War and read other French liberals, it's kind of pathetic.

515
01:15:00.660 --> 01:15:08.660
Now, it happens that there was one great French liberal, I hope I have occasion to talk about him,

516
01:15:08.660 --> 01:15:15.660
because he was the most consistent, the best of the whole 19th century.

517
01:15:15.660 --> 01:15:30.660
He lived, whatever, 97 years or something. His name was Gustav de Molinari.

518
01:15:30.660 --> 01:15:46.900
Now, De Molinari may be a familiar name to you, read the few pages in Murray's History

519
01:15:46.900 --> 01:15:51.220
of Economic Thought, because he seems to have been the first person to come up with the

520
01:15:51.220 --> 01:16:01.060
The idea that the one function that passive liberals typically ascribe to the state need

521
01:16:01.060 --> 01:16:06.860
not be fulfilled by the state, and that is the production of security.

522
01:16:06.860 --> 01:16:13.220
That just like production of any other commodity, any other good, any other service can be provided

523
01:16:13.220 --> 01:16:18.540
by competing private firms, so can security.

524
01:16:18.540 --> 01:16:22.180
That is, defense against internal and external aggressors.

525
01:16:22.180 --> 01:16:27.900
In other words, he was the founder really of what you could call, what has been called

526
01:16:27.900 --> 01:16:28.900
anarcho-capitalism.

527
01:16:28.900 --> 01:16:36.140
He did this as a young man, that is, he presented these views as a young man, and there was

528
01:16:36.140 --> 01:16:42.500
a meeting of the Economics Society or Society of Political Economy in Paris where it was

529
01:16:42.500 --> 01:16:47.220
funny to see people like Bastiat and Dunwayet say, what are you coming up with?

530
01:16:47.220 --> 01:16:56.140
This is so extreme. This is so fantastical. The Molinari lived for a long time. For many

531
01:16:56.140 --> 01:17:03.820
years he was the editor in the late 19th century of the Journal des Economistes. Now, it happens

532
01:17:03.820 --> 01:17:13.300
that when Louis-Napoleon III set up his dictatorship in France, Molinari went back to his native

533
01:17:13.300 --> 01:17:21.260
of Belgium for a while, and edited a journal called The Belgian Economist, which he published

534
01:17:21.260 --> 01:17:26.180
during the period 1861 to 1865.

535
01:17:26.180 --> 01:17:32.700
As far as I know, no complete set exists in the United States.

536
01:17:32.700 --> 01:17:39.980
The Library of Congress has one volume, a 15-year run.

537
01:17:39.980 --> 01:17:50.140
I was able to find it complete, bound, nicely presented to you by the friendly, competent

538
01:17:50.140 --> 01:17:56.340
people working there at the British Library and was able to look through these years.

539
01:17:56.340 --> 01:18:06.940
And this talk about Southern supporters, talk about Confederate partisans, Molinari is surprisingly

540
01:18:06.940 --> 01:18:22.940
He was only well informed about what's going on in America, and he's totally on the side of the South, because they were fighting, not that he loved slavery, because they were fighting for the most basic human right, which was the right to govern yourself.

541
01:18:22.940 --> 01:18:29.860
to understand his idea was you start by governing yourself in a state or a region and in a community

542
01:18:29.860 --> 01:18:37.420
and down to the individual who decides for himself or herself what defense agency he

543
01:18:37.420 --> 01:18:38.940
wants to subscribe to.

544
01:18:38.940 --> 01:18:49.560
So the Southerners were fighting for that cause and I may actually write an article

545
01:18:49.560 --> 01:18:50.560
about that.

546
01:18:50.560 --> 01:19:05.560
At this time, the best source of information about de Molinari is also in the Journal of Libertarian Studies. You can look up under the name David Hart.

547
01:19:05.560 --> 01:19:15.560
Now David Hart is currently with the Liberty Fund in Indianapolis. I think he has his own website on the history of liberal thought.

548
01:19:15.560 --> 01:19:20.360
This is one of the things he's devoted his career to.

549
01:19:20.360 --> 01:19:29.480
He's a Cambridge University PhD and wrote three articles, three lengthy articles that

550
01:19:29.480 --> 01:19:34.280
were published, that Murray published in JLS, on De Molinari.

551
01:19:34.280 --> 01:19:38.560
So that's the best introduction in English that exists.

552
01:19:38.560 --> 01:19:44.480
Okay, now back to other general questions or comments.

553
01:19:44.480 --> 01:20:04.480
See, if you were a student of mine, I would probably give you an A in the course just for asking that, showing that you really were concerned enough and gave enough of a damn to ask how the thing is spelled.

554
01:20:04.480 --> 01:20:19.480
Much of what I quoted can be found in an essay in one of the Mises Institute books.

555
01:20:19.480 --> 01:20:31.480
Yuri Maltsev edited a book called Requiem for Marx and I wrote an essay called Classical Liberal Roots of the Marxist Doctrine of Classes.

556
01:20:31.480 --> 01:20:40.480
No, no, there was a quote from His History of Political Economy.

557
01:20:40.480 --> 01:20:50.480
Okay, everybody got that done? And by the way, in that same volume, Hans Hoppe has a very good essay on the Austrian theory of class conflict.

558
01:20:50.480 --> 01:21:03.480
Do you have notes available to the Molinari on Southern Secession, the Passport? Did you just read about it?

559
01:21:03.480 --> 01:21:14.480
No, I mean, I read the stuff itself. It's all in French. The journal was published in Brussels, so it's all in French and I haven't translated any of it so far.

560
01:21:14.480 --> 01:21:21.480
I can give you some, if you give me your email and your mailing address, I can give you some key quotes.

561
01:21:21.480 --> 01:21:31.480
He talks about this also late in his life, in one of his books, but I think it's also just in French.

562
01:21:31.480 --> 01:21:32.480
Joe?

563
01:21:32.480 --> 01:22:01.480
In the previous generation, before the censor group, there is some direct influence on the southerners because Jefferson read first Jean-Baptiste Say, he also read the Stutt-Nedrasse and translated the economic part of the Stutt-Nedrasse's big treaties, and I have to say because of our Taylor rights, the Taylor runs these writers on a very exciting basis, John Taylor is very close to their general view of exploitation, it seems to me.

564
01:22:02.480 --> 01:22:06.720
You know, could have derived it independently.

565
01:22:06.720 --> 01:22:13.520
Even people like Adam Smith talk about exploitation through the use of the government.

566
01:22:13.520 --> 01:22:20.380
Turgot talks about the people who encourage foreign wars in order to gain advantages in

567
01:22:20.380 --> 01:22:23.040
foreign countries.

568
01:22:23.040 --> 01:22:28.120
But you're right about Jefferson's connection with the French economists, with the Say and

569
01:22:28.120 --> 01:22:29.120
de Tracy.

570
01:22:29.120 --> 01:22:30.120
Yes.

571
01:22:30.120 --> 01:22:32.120
Yes, young man?

572
01:22:32.120 --> 01:22:41.120
What do you think is the cause of the great antagonism between national socialism and communism?

573
01:22:41.120 --> 01:22:44.120
They seem to be very similar as far as my country.

574
01:22:44.120 --> 01:22:46.120
That's a very interesting question.

575
01:22:46.120 --> 01:22:52.120
Listen, I'll have a whole lecture on communism later in the week.

576
01:22:52.120 --> 01:22:57.120
So if you don't mind, save it for that, because that would be a very appropriate question.

577
01:22:57.120 --> 01:23:19.120
When Mill said he wanted to overthrow authorities, did that mean that he thought that experience counted for nothing, that everything had to be thought out a little?

578
01:23:19.120 --> 01:23:37.120
That's an interesting question. Now, of course, he considered himself an empiricist. However, it had to be controlled scientific experience, not the experience of mankind in all its manifold, different directions.

579
01:23:37.120 --> 01:23:45.120
And that experience, as Burke said, then distilled into traditions. You could say the traditions are the result of experience.

580
01:23:45.120 --> 01:23:52.640
and the experience of many more people than simply a few scientists, let's say, the experience

581
01:23:52.640 --> 01:24:00.280
of mankind over a much larger period of time, and from that we get traditions and norms

582
01:24:00.280 --> 01:24:02.280
in society.

583
01:24:02.280 --> 01:24:06.200
I think there's a lot of truth in that point of view.

584
01:24:06.200 --> 01:24:13.640
Edmund Burke was a founder of modern conservatism, said that without traditions, mankind would

585
01:24:13.640 --> 01:24:36.640
would be like the flies of the summer, every generation they die out at the end of the summer, and then they have to start over again, and they don't accumulate any knowledge, they don't advance it and progress it all, because they cannot build on the experience of previous generations.

586
01:24:36.640 --> 01:24:47.160
But Mill had no respect for that kind of tradition and his ideal seemed to have been society

587
01:24:47.160 --> 01:24:57.200
as a constant advanced philosophy seminar, you know, which would lead to the mental breakdown

588
01:24:57.200 --> 01:25:09.200
and Schizophrenia of Masses and Masses, and can you imagine leading a life like that consistently and constantly?

589
01:25:09.200 --> 01:25:20.200
No, you know, you take certain things for granted and then go on and do something rather than constantly throwing everything into question.

590
01:25:20.200 --> 01:25:21.200
Yes.

591
01:25:21.200 --> 01:25:35.200
In his introduction to Bastiat's essays, Hayek was very negative about Bastiat, very much down to places, writing and contributions, and I really couldn't figure out why he did it.

592
01:25:35.200 --> 01:25:38.200
You know, I just read that years ago.

593
01:25:38.200 --> 01:25:40.200
Really?

594
01:25:40.200 --> 01:25:50.200
I remember reading that years ago. I don't recall it too well. I wonder why he was asked to write the introduction then, if he didn't particularly appreciate Bastiat.

595
01:25:50.200 --> 01:26:15.200
Bastiat, what year did he live? Less than 50 years and had an enormous influence in that period when things seemed to be going our way after the repeal of the Corn Laws and so on.

596
01:26:15.200 --> 01:26:39.200
Edward Atkinson in Massachusetts, who became one of the leaders of the Anti-Imperialist League later in his life, was converted by Bastiat, a man you probably haven't heard of, but who was recognized as the greatest Russian social scientist of the 19th century, Boris Chicharin, was converted to the free market in Russia by Bastiat.

597
01:26:39.200 --> 01:26:48.880
The German liberals, whom I've written about myself, who headed the German free trade movement

598
01:26:48.880 --> 01:26:55.360
and brought free trade for a while and market economy to Germany, Bastiat was their chief

599
01:26:55.360 --> 01:26:57.320
inspiration.

600
01:26:57.320 --> 01:27:06.600
He has had a really great influence, one could speak of a Bastiat wave, for instance.

601
01:27:06.600 --> 01:27:18.360
He was a believer and is buried in the church of St. Louis of the French, St. Louis de

602
01:27:18.360 --> 01:27:26.160
Francese in Rome, where he died, and the one day that I had available to visit it, the

603
01:27:26.160 --> 01:27:27.160
church was closed.

604
01:27:27.160 --> 01:27:42.160
As I get older, I feel drawn to places like that, grave sites, and famous people, library...

605
01:27:42.160 --> 01:27:44.160
Can I try to spell?

606
01:27:44.160 --> 01:27:50.160
Well, you know, you want it in Cyrillic?

607
01:27:50.160 --> 01:28:08.160
I don't show off. That's how it's usually spelt in English, I think. Okay, yeah, Joseph.

608
01:28:08.160 --> 01:28:37.160
Well, it's interesting that you should mention that. Comte died relatively young, and that is Charles Comte.

609
01:28:37.160 --> 01:28:47.160
If you look at my essay in Requiem for Marx, I talk about that. It's an unfortunate history in a way.

610
01:28:47.160 --> 01:28:55.160
Charles de Mellet and Thierry became sort of seduced by the so-called bourgeois monarchy,

611
01:28:55.160 --> 01:29:05.160
July Monarchy of Louis Philippe, got government jobs and began changing their tune.

612
01:29:05.160 --> 01:29:21.160
Also, there's this other thing, that we see a number of times, and we have to keep in mind, it's kind of dialectic if you want to put it that way, at the same time there's a rise of the socialist movement.

613
01:29:21.160 --> 01:29:32.960
So, a number of thinkers, who begin by being radical libertarians, start to think, well,

614
01:29:32.960 --> 01:29:39.400
maybe considering what the socialist movement might amount to, a reign of terror or whatever,

615
01:29:39.400 --> 01:29:44.740
and the socialists say we're going to abolish all private property and other crazy ideas,

616
01:29:44.740 --> 01:29:50.880
maybe it's not such a good idea to dismantle the authoritarian state and the powerful police

617
01:29:50.880 --> 01:29:58.240
and the Army, because we might need it, if it came to that, against these crazy socialists.

618
01:29:58.240 --> 01:30:04.440
That's one of the things that happens in the revolutions of 1848, where liberals can't

619
01:30:04.440 --> 01:30:11.440
succeed because then a red movement comes along and scares practically everybody else

620
01:30:11.440 --> 01:30:15.400
into supporting the establishment.

621
01:30:15.400 --> 01:30:20.400
So Dunwayet is an example of that and I think Thierry, you could say Thierry also.
