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Myths That Are Realities: Donald Trump vs CATO and Don Boudreaux

Trump Was Right: Productivity versus Employment & Status

Propertarianism

On Cafe Hayek, Don Boudreaux references a CATO posting which in turn references a Wall Street Journal article, that criticizes Donald Trump for stating that we need more manufacturing jobs. The libertarian sentiments held by my friends at CATO and Cafe Hayek, inform them that productivity gains show that we produce just plenty of manufacturing – thank you very much. Wherein Don supports the Cato position that we do not need more manufacturing, and that any perception that we do, is a myth.

(Articles are linked below.)

But they are mistaken. A polity desires not productivity, but employment, and not simply employment, but competitive, status-enriching employment — and the lower classes in particular find their social enfranchisement in producing these ‘collective goods’ we call competitive production. They cannot achieve status through individualism, so they seek to find it in collective membership: They want to ‘do good.’

For example, a friend…

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3 thoughts on “Myths That Are Realities: Donald Trump vs CATO and Don Boudreaux

  1. Off-topic: I’m confused with these “X reblogged this” posts of late. What is going on with the site? Restructuring? (I know this is most likely a newbie question, but I’m relatively new to WordPress)

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    1. There are several editors on this blog. I cannot speak for anyone else, but I reblog post that I find interesting/relevant.

      There’s no restructuring going on aside from categorizing posts and adding hyperlinks to related works, materials, and readings. (something I’ve been working on)

      Hope that helps. If you have any recommendations or questions, let us know.

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