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32. The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope by John Allison
- Author:
- Ari Armstrong
- Publication Date:
- 12-2012
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Imagine how great it would be to have your own inside tour guide to the modern financial crisis, someone able to comment on the crisis not as an onlooker, but as the leader for two decades of one of America's strongest financial institutions.
- Topic:
- Government and Law
- Political Geography:
- United States and America
33. Central American Gangs: Changing Nature and New Partners
- Author:
- Douglas Farah
- Publication Date:
- 12-2012
- Content Type:
- Journal Article
- Journal:
- Journal of International Affairs
- Institution:
- School of International and Public Affairs, Columbia University
- Abstract:
- This article will examine the changing roles of Central American gangs within the drug trafficking structures, particularly the Mexican drug trafficking organizations (DTOs), operating in the region. This will include the emerging political role of the gangs (Mara Salvatrucha or MS-13 as well as Barrio 18), the negotiations between the gangs and Mexican DTOs for joint operational capacity, the interactions between the two sides, and the significant repercussions all this will likely have across the region as the gangs become both better financed and more politically aware and active. This article is based on field research in San Salvador, where the author was able to spend time with some members of the MS-13. It is also informed by his examination of the truce between the gangs and the Salvadoran government, as well as the talks between the gangs and the Sinaloa cartel.
- Topic:
- Government
- Political Geography:
- America and Mexico
34. The Missing Middle in American Politics
- Author:
- Reihan Salam
- Publication Date:
- 03-2012
- Content Type:
- Journal Article
- Journal:
- Foreign Affairs
- Institution:
- Council on Foreign Relations
- Abstract:
- After Lyndon Johnson's victory over Barry Goldwater in the 1964 U.S. presidential election, the once-mighty Republican Party was reduced to a regional rump. The Democrats won overwhelming majorities in the House and the Senate, which they used to pass Johnson's Great Society legislation. Republicans, meanwhile, were at one another's throats, having endured the most divisive campaign in modern political history. Goldwater had managed to win the Republican presidential nomination over the impassioned opposition of moderate and progressive Republicans, who at the time may well have constituted a majority of the party's members. Moderates blamed Goldwater's right-wing views for the defection of millions of Republican voters.
- Topic:
- Government
- Political Geography:
- United States, China, and America
35. Freedom's Secret Recipe
- Author:
- Michael Mann
- Publication Date:
- 03-2012
- Content Type:
- Journal Article
- Journal:
- Foreign Affairs
- Institution:
- Council on Foreign Relations
- Abstract:
- Francis Fukuyama shot to fame with a 1989 essay called "The End of History?" which he expanded into a 1992 book, The End of History and the Last Man. His thesis was a reworking of the "end of ideology" argument propounded in the 1950s by Daniel Bell and others, with an even more emphatic twist. "What we may be witnessing," Fukuyama declared, "is not just the end of the Cold War, or the passing of a particular period of postwar history, but the end of history as such: that is, the endpoint of mankind's ideological evolution and the universalization of Western liberal democracy as the final form of human government." The argument seemed hubristic, a product of the era's American triumphalism.
- Topic:
- Government
- Political Geography:
- America
36. Not Time to Attack Iran
- Author:
- Colin Kahl
- Publication Date:
- 03-2012
- Content Type:
- Journal Article
- Journal:
- Foreign Affairs
- Institution:
- Council on Foreign Relations
- Abstract:
- In "Time to Attack Iran" (January/February 2012), Matthew Kroenig takes a page out of the decade-old playbook used by advocates of the Iraq war. He portrays the threat of a nuclear-armed Iran as both grave and imminent, arguing that the United States has little choice but to attack Iran now before it is too late. Then, after offering the caveat that "attacking Iran is hardly an attractive prospect," he goes on to portray military action as preferable to other available alternatives and concludes that the United States can manage all the associated risks. Preventive war, according to Kroenig, is "the least bad option."
- Topic:
- Government
- Political Geography:
- United States, Iraq, America, and Iran
37. An Interview with John R. Bolton on the Proper Role of Government
- Publication Date:
- 09-2011
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- John R. Bolton is an outspoken advocate of a foreign policy of American self-interest and a domestic policy of free markets and fiscal responsibility. He has spent many years in public service, including a term as the U.S. permanent representative to the United Nations and a term as undersecretary of state for arms control and international security. He is the author of Surrender Is Not an Option (Threshold Editions/Simon Schuster, 2007) and How Barack Obama Is Endangering Our National Sovereignty (Encounter Books, 2010). Mr. Bolton is currently a senior fellow at the American Enterprise Institute, where he focuses on U.S. foreign and national security policy. I spoke with him on August 29, 2011, just before he announced (to my disappointment) that he would not be running in the 2012 presidential election. —Craig Biddle Craig Biddle: Thank you very much for joining me, Ambassador Bolton; it's an honor to speak with you. John Bolton: Thank you. Glad to do it. CB: As a teenager, you found inspiration in Barry Goldwater, whom you praised as “an individualist, not a collectivist.” I take individualism to mean that the individual is sovereign—that he has a right to life, liberty, property, and the pursuit of happiness—and collectivism to mean that he is not—that he is beholden to the state or society and is not an end in himself. Is that what you mean by these terms? JB: Right, exactly. I think that, in terms of choice of government, what we should look for is a government that enhances the possibility of individual freedom and individual activity and reduces the potential for collective government action. That's just a broad philosophical statement, but I think that's what the political battle has been about for many years and particularly right now. CB: How do individual rights play into that? What is the relation between rights and freedom? JB: I think that the two are closely related. If you look at how mankind comes into civil society, the individuals bring the rights with them—they're inherent in their status as human beings and don't come from the government as a matter of sufferance. So, in a social contract, ideally what you're looking for is benefits that bring mankind together but also maximize individual liberty. That's admittedly easier said than done, but that ought to be the preference—to try and find that balance—rather than to assume that the government is going to take a larger and larger role because some people think, number one, that they're better at making decisions than individual citizens are; and, number two, that it's a politically convenient way to stay in power—to tax and regulate people in order to “spread wealth” and benefit others. CB: So you essentially take the same position as the Founders on rights and freedom: We have inalienable rights, and the purpose of government is to protect them. JB: Exactly, and that, I think, is why they created a government of enumerated powers. We've slipped a long way from that point, but that's not to say that that shouldn't be what we aspire to return to. CB: Why do you think we hear so little in politics today about the proper purpose of government and the principle of individual rights? JB: Well, I think it's been a long slide away from what the intent of the original framers of the Constitution was. And I think it's an important task of political leaders—or should be—to return to that. If the only issues are how much taxation is going to be and what the size of the government is, and as many Republicans learned over the years, so-called “me-too” policies are going to inevitably lead to defeat because the statists can always outbid you. I think that in a time of fiscal crisis, this is the opportune moment to have an adult conversation about what the purpose of government is—a conversation not about how big the size of government programs is going to be, but whether they should exist in the first place. CB: I want to ask some questions about both foreign and domestic policy. Since you turned to domestic policy there, let's begin with that. What do you regard as the fundamental cause of America's economic decline today—crashing markets, skyrocketing unemployment, sheepish investors, and so forth? . . .
- Topic:
- Foreign Policy and Government
- Political Geography:
- America
38. The True Costs of Humanitarian Intervention
- Author:
- Benjamin A. Valentino
- Publication Date:
- 11-2011
- Content Type:
- Journal Article
- Journal:
- Foreign Affairs
- Institution:
- Council on Foreign Relations
- Abstract:
- As forces fighting Libyan leader Muammar al-Qaddafi consolidated control of Tripoli in the last days of August 2011, many pundits began speaking of a victory not just for the rebels but also for the idea of humanitarian intervention. In Libya, advocates of intervention argued, U.S. President Barack Obama had found the formula for success: broad regional and international support, genuine burden sharing with allies, and a capable local fighting force to wage the war on the ground. Some even heralded the intervention as a sign of an emerging Obama doctrine. It is clearly too soon for this kind of triumphalism, since the final balance of the Libyan intervention has yet to be tallied. The country could still fall into civil war, and the new Libyan government could turn out to be little better than the last. As of this writing, troubling signs of infighting among the rebel ranks had begun to emerge, along with credible reports of serious human rights abuses by rebel forces. Yet even if the intervention does ultimately give birth to a stable and prosperous democracy, this outcome will not prove that intervention was the right choice in Libya or that similar interventions should be attempted elsewhere. To establish that requires comparing the full costs of intervention with its benefits and asking whether those benefits could be achieved at a lower cost. The evidence from the last two decades is not promising on this score. Although humanitarian intervention has undoubtedly saved lives, Americans have seriously underappreciated the moral, political, and economic price involved. This does not mean that the United States should stop trying to promote its values abroad, even when its national security is not at risk. It just needs a different strategy. Washington should replace its focus on military intervention with a humanitarian foreign policy centered on saving lives by funding public health programs in the developing world, aiding victims of natural disasters, and assisting refugees fleeing violent conflict. Abandoning humanitarian intervention in most cases would not mean leaving victims of genocide and repression to their fate. Indeed, such a strategy could actually save far more people, at a far lower price.
- Topic:
- Security, Government, and Human Rights
- Political Geography:
- America, Washington, and Libya
39. The American Right, the Purpose of Government, and the Future of Liberty
- Author:
- Craig Biddle
- Publication Date:
- 12-2011
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Now that the 2012 GOP presidential nominee is almost certain to be either Mitt Romney or Newt Gingrich (who, in terms of policy and lack of principle, are practically indistinguishable), many on the right are turning their attention to the 2012 Senate races. And they are wise to do so. In the 2010 midterm elections, Republicans gained control of the House but failed to secure a majority in the Senate, leaving Democrats with 53 of 100 seats. Of the 33 Senate seats up for election in 2012, 21 are held by Democrats, 2 by independents. Republicans are likely to retain control of the House, and if they manage to gain control of the Senate as well, they will have the opportunity to repeal Obama Care, Dodd-Frank, and other disastrous laws and regulations, and to begin cutting federal spending. These are crucial short-term goals. But if we want to return America to the free republic it is supposed to be, we must do more than campaign and vote for Republicans. We must embrace and advocate the only principle that can unify our political efforts and ground them in moral fact. That principle pertains to the purpose of government. Government is an institution with a legal monopoly on the use of physical force in a given geographic area. What is the proper purpose of such an institution? Why, morally speaking, do we need it? The proper purpose of government is, as the Founding Fathers recognized, to protect people's inalienable rights to life, liberty, property, and the pursuit of happiness. Government fulfills this vital function, as Ayn Rand put it, by banning the use of physical force from social relationships and by using force only in retaliation and only against those who initiate its use. Insofar as an individual respects rights—that is, insofar as he refrains from assault, robbery, rape, fraud, extortion, and the like—a proper government leaves him fully free to act on his own judgment and to keep and use the product of his effort. Insofar as an individual violates rights—whether by direct force (e.g., assault) or indirect force (e.g., fraud)—a proper government employs the police and courts as necessary to stop him, to seek restitution for his victims, and/or to punish him. Likewise for international relations: So long as a foreign country refrains from using (or calling for) physical force against our citizens, our government properly leaves that country alone. But if a foreign country (or gang) attacks or calls for others to attack us, our government properly employs our military to eliminate that threat. As Thomas Jefferson summed up, a proper government “shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.”In order to begin moving America toward good government, we must explicitly embrace this principle, and we must demand that politicians who want our support explicitly embrace it as well. To do so, however, we must understand what the principle means in practice, especially with respect to major political issues of the day, such as “entitlement” programs, corporate bailouts, “stimulus” packages, and the Islamist assault on America. . . .
- Topic:
- Government and Islam
- Political Geography:
- America
40. The Assault on Abortion Rights Undermines All Our Liberties
- Author:
- Ari Armstrong and Diana Hsieh
- Publication Date:
- 12-2011
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Surveys the expanding efforts to outlaw abortion in America, examines the facts that give rise to a woman's right to abortion, and shows why the assault on this right is an assault on all our rights
- Topic:
- Economics and Government
- Political Geography:
- America