Wednesday, August 11, 2021

Making Things Worse: Introduction, Education and Pensions

One of the constants in political rule is that, while the job of political leaders is to defend their people from enemies foreign and domestic, the worst enemies of the people are the politicians themselves.

The reason is not hard to find. Political leaders -- chiefs, dukes, kings, emperors, presidents -- have funded their armies and police forces, mostly, from taxation and forcible exactions from the people they are sworn to protect. It is a small step to expand the exactions from the amount necessary to protect the people into an amount sufficient to build an empire or a personal fortune, and distribute loot among your supporters.

In other words, it is a small step from improving the life of the people to Making Things Worse.

More and more, I find that I want to tell the story of our times as the story of The Educated Ruling Class that Made Things Worse.

You can see why that narrative might be attractive to me. It negates the story that the educated ruling class wants to tell, of itself as the enlightened, progressive, liberal people destined by the arc of history to Make Things Better -- by using political power. And I like the kind of narrative that cuts across the ruling class narrative. It makes me feel good.

So let us review all the glorious accomplishments of our rulers, and turn them upside down, proving conclusively that they Make Things Worse.

Government Education. Back in the day, when Shakespeare went to school, children started work at age eight: child labor. But his dad, a glovemaker, could afford to send his kid to the local grammar school. Lucky Will. 

What a wonderful thing that we ended child labor so that every kid could get an education! Not.

For one thing, you may not have noticed, we still have child labor. Kids are expected to go to school all day, then do homework. That is work, in my understanding. And do you know how much children get paid for working in school all day and doing homework in the evening? I'll give you one guess.

But but but! How could kids get an education if they didn't go to a free government school? Are you serious? First, we could pass a law that the employers of all kids under the age of 16 had to provide classes in the Three Rs. Second, we could encourage all employers to formalize their relationship with their young employees in an apprenticeship contract. Did you know that in the old days of apprenticeships the employer would typically commit to providing education and training to the apprentices? Third, we could ennoble billionaires that created and funded schools for the Oppressed Peoples.

I could go on.

Instead, we have one-size-fits-all government child custodial facilities, and the teachers in these schools are clearly a very powerful special interest that politicians hardly dare challenge. In the late COVID incident, teachers clearly signaled that they were more interested in their own health than in teaching children. And it seems that all over the land, the government school districts and universities are all deciding with one voice to teach critical race theory. What's that all about? When did we get to vote on that?

The conclusion is obvious. Government education makes education worse, and it won't get better until we stop governments educating our children.

Government Pensions. One of the constants down the ages is that rulers get support by rewarding their supporters. Feudal lords reward their vassals with nice choice manors -- taken, no doubt, from a disobedient vassal. Warrior lords reward their soldiers with loot and plunder. Absolute monarchs reward their supporters with sinecures and noble titles. Modern politicians reward their voters with entitlements. Governments reward their employees with lifetime employment and rich, fat pensions.

So I suggest that government pensions are monies forcibly removed from the economy and given as a reward to the supporters of the ruling class. They are, and have always been, a net loss to the prosperity and the wealth of the people.

But but but! Whatabout the poor? Whatabout widows? OK. But let us start with ordinary people. First, if ordinary people save for their own retirement, it means that every dollar of their savings will go to create jobs for the young'uns rather than get sucked up in taxes that are spent on today's geezers. What a concept! Second, and this is important, people will retire when they can afford to, or when their financial advisor recommends. They may retire at the point that they can convert their savings into an annuity, or they may retire at the point where the income from their savings is sufficient to provide a suitable income without dipping into capital. Third, they can use their savings at any point in life, to start a business, to educate the kids, to tide over a government recession. Fourth, they will be able to transmit their savings onto their children.

OK, so whatabout the poor? Well, in my perfect world the poor will have jobs. And if you authoritarians insist, we will force the poor to save for retirement, assisted by billionaires, starting with the Widow Jobs, who will be forced to sell The Atlantic and do something useful with her money.

Whatabout widows? Did you know that one of the reasons why my dad and just about everyone else back in the day joined the Masons or the Elks or the Eagles or the IOOF, or any other fraternal organization, is that they took care of widows. What? You didn't know?

The conclusion is obvious. Government pensions make pensions worse, and it won't get better until we stop governments fleecing workers and taxpayers to give pensions to its supporters.

More to come.

1 comment:

  1. Excellent analysis of government intervention at the beginning (education) and end (pension). In particular the analysis of education as unpaid work is spot on.

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