The failure of neocon ideas about capitalism and freedom

Pigweed and Crowhill review Flying Dog’s Lucky SOB, an Irish Red Ale, and then talk about China.

Who was the genius who decided to make the U.S. economy so dependent on China? And why isn’t the media exposing this dangerous, lopsided relationship?

Our China policy seems to have developed from the idea that a free market is going to result in freedom. But … does that follow?

We brought these monsters into the World Trade Organization — with “most favored nation” status — on the silly hope that more capitalism would make them love freedom. Or something.

As a result of George Bush’s foolish Chinese policy, we now have Huawei — a Chinese telecom company — installing spyware everywhere in the world. Thanks, George.

Kissing cousins, hypocrisy, and other “five for five” topics from Pigweed and Crowhill

1. Don’t be a hypocrite. But isn’t hypocrisy the tribute that vice pays to virtue? So … is hypocrisy bad or not?

2. Kissing cousins. Now that we’ve allowed same-sex marriage, should we still have laws against cousins marrying?

3. MLB, the NFL and “African Americans.” Is an English black female an “African American”?

4. When are earbuds appropriate? They seem to be the universal symbol of “don’t bother me.” Are they also anti-social?

5. Pigweed’s war on fun. If we’re worried about energy consumption, we should eliminate things like cruises, vacations, second and third homes, etc.

When free markets don’t work

Markets are very efficient things for allocating prices. No genius can sit at his computer and figure out the “correct” price for a commodity, because the correct price of a thing is nothing less or more than what people are willing to pay for it. That’s one of the reasons that planned economies fail.

However, it’s a mistake to think that markets are perfect, or that they can solve all problems. There are very few free markets. Most of them have distortions — for one reason or another.

Right now, the oil price war between Saudi Arabia and Russia threatens the health of the domestic oil industry. Or, to put it another way, private companies in the U.S. have to compete against government-funded companies overseas.

That’s not right, and that’s a perfect example of when governments should intervene — perhaps with a tariff.

We don’t want to imitate Saudi Arabia or Russia and nationalize our oil companies. We want them to compete in as free a market as we can manage.

But when other parties aren’t playing fair, it makes sense to impose a tariff to prevent long-term harm to domestic companies.

Political Parties

Pigweed and Crowhill drink and review Manor Hill’s Farmhouse Ale, then discuss political parties, the parliamentary system, and representation.

We all know the two main political parties: Democrats and Republicans. Then there are the “big three” alternative parties: the Libertarian Party, the Green Party, and the Constitution Party. But there are quite a few more. The boys review the list of also-ran parties, which includes about a hundred communist and socialist parties, then they discuss parliamentary systems and democracy in general.

Should we freak out about coronavirus?

In this episode of “Nooze and Booze,” Pigweed and Crowhill tackle the Coronavirus. Where did it come from? How deadly is it? How contagious? Will this become a pandemic? What do we know about this latest threat to civilized society? Should we all panic, or is this just swine flu all over again?