Tag Archives: john galt

Follow the trail from a growing plutocracy to decaying families

Summary:  The social and economic evolution of America will shape 21st century America. This post ties together our rising inequality, falling social mobility, crashing system of higher education, dropping labor force participation, and falling rate of family formation. Another generation of these trends and we’ll have a New America. Time is not our friend.

 

Contents

  1. Looking backwards.
    …..Looking forward.
  2. Inequality: the political revolution.
  3. Social mobility: education failure.
  4. The next gen of America:
    …..indentured servitude.
  5. Men are “Going Galt.”
  6. For More Information.

 

(1) Looking backwards. Looking forward.

In times of rapid change we rely on economists to explain what has happened. However they are usually poor at seeing changes happening now (often they deny their existence, believing that what has been in the past must be so in the future). The massive changes in the social structure of America illustrate how we need their analysis, but have to look beyond it. Let’s trace the logic from our past to our future.

(2)  Inequality: the political revolution

Robert Reich has published another book providing an essential analysis of our time: Saving Capitalism: For the Many, Not the Few. How did we get into this mess?

{It’s} a myth-shattering breakdown of how the economic system that helped make America so strong is now failing us, and what it will take to fix it. … he reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in 80 years. He makes clear how centrally problematic our veneration of the “free market” is, and how it has masked the power of moneyed interests to tilt the market to their benefit.

Reich exposes the falsehoods that have been bolstered by the corruption of our democracy by huge corporations and the revolving door between Washington and Wall Street … He shows that the critical choices ahead are not about the size of government but about who government is for: that we must choose not between a free market and “big” government but between a market organized for broadly based prosperity and one designed to deliver the most gains to the top. …

Paul Krugman’s typically brilliant review in the New York Review of Books expands on Reich’s analysis, putting it in a broader context of history and the evolution of economists’ explanations for trends since the 1970s. The bottom line…

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Men are “going Galt”. Marriage is dying. Will society survive?

Summary: Gender roles are changing at a rate not seen since the invention of agriculture. Marriage, the institution most affected, must also change or wither away. Here are reports with facts about marriage today and speculation about their meaning. All we know is that the future of marriage will be different than what we think of as “traditional” marriage.  {This post was revised slightly in Nov 2015.}

Death of Marriage

Contents

  1. Marriage: an institution in flux.
  2. The facts about marriage.
  3. One theory about the cause: men are “going Galt”.
  4. Will it be the end of civilization?
  5. Clear thinking about the problem.
  6. The 1st shot in next phase of the gender revolution.
  7. Conclusions.
  8. For More Information.

(1)  Marriage: an institution in flux

Marriage has been an institution in flux for centuries, but the rate of change accelerated after California Governor Ronald Reagan signed the revolutionary Family Law Act of 1969, retroactively abolishing the “traditional” binding contract of marriage and replacing it with no-fault divorce. This created our present system of serial monogamy (a series of monogamous pairings with the pretense of being for life). The feminist revolutions which followed forced further changes in marriage. Since then we’ve slid along the slippery slope, and still cannot see what lies at the end.

Let’s start this examination at an interview with Janice Shaw Crouse. She gives a status report on marriage today: “Bachelor Nation: 70% of Men Aged 20-34 Are Not Married“…

“Far too many young men have failed to make a normal progression into adult roles of responsibility and self-sufficiency, roles generally associated with marriage and fatherhood” … The high percentage of bachelors means bleak prospects for millions of young women who dream about a wedding day that may never come. “It’s very, very depressing … They’re not understanding how important it is for the culture, for society, for the strength of the nation to have strong families.”

Crouse sees the present but only in terms of yesterday’s norms. Today many young men reject the “normal progression into adult roles”. Many young women no longer “dream about a wedding day”, or are unwilling to make the compromises with a man to make that happen. As for the effect on society, it is just another of great experiments that we’re conducting — with our society as the lab rat.

Janice Shaw Crouse is a senior fellow at the Beverly LaHaye Institute at Concerned Women for America. She is the author of Marriage Matters: Perspectives on the Private and Public Importance of Marriage (2012),  Children at Risk: The Precarious State of Children’s Well-Being in America and The Strength of a Godly Woman: Finding Your Unique Place in God’s Plan.

(2)  The facts about marriage

For more about the facts Crouse describes, see the Pew Research report “Record Share of Americans Have Never Married As Values, Economics and Gender Patterns Change” (September 2014). It’s weak about the causes. For example, they don’t mention that increasing rates of obesity take many young people off the “market” for marriage, that the increased availability of sex outside marriage reduces men’s incentives to marry, or the increased “competition” of games and porn as alternatives to women.

Pew’s research shows that men’s weakening economic status vs. women renders many of them unmarriageable. The widening education gap guarantees that the economic gap will continue to widen. We already can see the effects rippling across society as women are moving on top of men in America.

But although the role of each of these factors remains obscure, the results are obvious and even predictable.

(a) More young people remain unmarried

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All you need to know about Ayn Rand, savior of modern conservatism

Summary: Ayn Rand has become a hot intellectual property, whose wisdom many conservatives recommend guide our actions.  Here is the essence of her teaching.

The classic cover to any Ayn Rand

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Here are two columnists exchanging volleys about Rand.

  1. Obama Needs AIG’s Liddy, Not Other Way Around“, Caroline Baum, op-ed at Bloomberg, 19 March 2009
  2. Carol Baum: Welfare CEOs are Just Like John Galt“, Matthew Yglesias, ThinkProgress, 19 March 2009

I have not read any of her books.  I gave up after trying to go through both Atlas Shrugged and The Fountainhead (life is too short).  But perhaps we can find all we need to know about Rand in the comments to Yglesias article.  Here are a few of the best.

#13 Mnemosyne Says:

In defense of Ayn Rand (and that’s the last time you’ll see me say that), in her books the heroes were people who actually made and built things, like railroads and buildings. The financiers – the kind of guys who would sell and re-sell the same mortgage 20 times – were always the villains. They’re a bunch of James Taggarts trying to convince everyone they’re John Galt.

#15 burritoboy Says:

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