DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Will “National Conservatism” Come to the U.S.A.?

6th March 2014

John Derbyshire, Patron Saint of Dyspepsia, is not afraid to ask the hard questions.

Capitalism was much talked about, because it stood in such clear opposition to the state socialism of our Cold War enemy. Again, though, the corrosive effects of capitalism on the nation-state do not seem to have been on anyone’s mind. Schumpeter had already put the phrase “creative destruction” into circulation, but it was discussed mainly as something that happened within a national economy, American makers of buggy whips finding new employment as American auto mechanics.

“Creative destruction” is none the less destruction, and “destroy” is still antonymous with “conserve.” These elementary points of vocabulary were too little noticed by Cold War conservatives.

As the economic manifestation of individual liberty, standing in contrast with socialist tyranny, capitalism was given a pass. The only Cold War conservatives to offer any significant critique of capitalism were Southern agrarians like Richard Weaver, drawing on the old sectionalist Southern prejudices seeing Yankees as cold-blooded, ruthless seekers of profit.

Thus the conservative critique of capitalism deserves an airing. We conservatives whose opinions were cooked in the mid-to-late 20th century tend to look kindly on capitalism, in part because we saw close up the horrors and inefficiency of state socialism. But the traditionalist-conservative critique reminds us that capitalism is not necessarily a friend of liberty.

Capitalists— well, some capitalists— are quite happy to crush your liberties if it’s good for business, which it sometimes is. Indeed, as we see from all the business lobbying for open borders, they’re happy to crush national sovereignty, debase the value of citizenship, and displace American workers, if those things are good for the bottom line.

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