Meanwhile, I’ve been catching up on old opinion
columns, and in the process found a few that as usual make a mishmash of the
difference between Liberty and Freedom (one of the most common vices among all
of us.) One was in a column by Robert
Samuelson, which reflected on the current crisis in capitalism in a serious way
that deserves consideration. First, we all need to keep in mind that Freedom is
the absence of all external constraints, while Liberty is the absence from the
constraints of arbitrary or despotic government. That difference is important. Freedom is the fervent desire of every
teenager; Liberty is the mature desire of adults to live together in an orderly
society that recognizes and respects the needs of the individual while
providing ground rules that enable all to live and work together peaceably and
happily. Freedom implies no obligations
on anyone’s part; Liberty implies reasonable and non-arbitrary mutual obligations
on the part of all of us. Freedom
implies the State of Nature in which we are all equally unconstrained and vulnerable;
Liberty implies the Social Contract.
Samuelson writes in two different columns about
democracy and about capitalism in a way that is subtly contradictory. In one, about the bitter political strife in
this election year, he writes that Americans are torn between their love of
freedom and their love for equality to the point that it constitutes the great
divide between conservative and liberal thought. He cites de Tocqueville as a source of his
belief that we seek equality because of our innate greed, and that
egalitarianism will eventually win. In
the other, about the crisis of capitalism, he acknowledges that the implicit
bargain that capitalism makes in exchange for the freedom of its profit making
is that large returns on investments will be reinvested in ways of benefit to
all, and that the bargain is being broken when companies just hang on to
profits without reinvesting them productively.
He recognizes that lack of reinvestment is a big factor in the current
recession, to the detriment of all.
Samuelson is right when he talks about our
individual greed dragging us down, but wrong to forget that we are social
animals, tied together by bonds of empathy and mutual accommodation. Biology tells us that has been the key to our
success as a species. Even a small child
knows instinctively what’s fair and what’s not.
Samuelson seems not to recognize that what he characterizes as greedy
egalitarianism in us is that small child shouting, “That’s not fair!” The violators in this case are the one-percenters
and the corporations who are not doing their part in keeping our society
going. Paying taxes, reinvesting, refraining
from price gouging, responsible treatment of employees, all are fundamental
ethical practices required for a free society.
Miss Manners, in an article years ago in the American Scholar, commented that the enactment of a law represented
the failure of an ethic. Regulations are the consequence of unethical behaviors. If businesses
desire less regulation, then the key first step for them is to become models of
ethical practice. The price of Liberty is not just eternal vigilance, it’s also
responsible participation.
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