Societal devolution

The anti-suffragettes of 100 years ago have been proven correct:

When a smart young man receives a big salary it is a good thing for the race. He can marry and transmit his smartness to posterity.  When a young woman receives a big salary it means disaster for the race, and the wiser, handsomer, more efficient the woman is to-day the more likely she is to have a salary instead of a husband.  You couldn’t run a chicken farm on those principles. Suppose you took all the best hens and set them aside to go to college or run a feather factory for the other hens.  It’s a tragedy!

It has taken the race millions of years to produce the high salaried women of to-day, and now those qualities are allowed to perish. The spark carried through the centuries is snuffed out by a salary!

On the plus side, Powerpoint slideshows have never been prettier and filing clerks now have bachelor’s degrees and $100,000 in student loan debt.

Mailvox: value is not objective

Asher claims to know something of economics despite making a massive and fundamental error that requires complete ignorance of subjective value theory:

My undergrad was economics and my grad work was in philosophy focusing on theory of mind and the social sciences, prompted by investigating whether or not economics is a positive body of knowledge. Yeah, I know just a little bit about the topic.

A little bit is not enough to intelligently discuss these matters.  Other than the Mises Institute, there is not a single undergraduate economics program of which I am aware that is not based on the neoclassical assumption of objective value.  Unfortunately, the state of economic education is now such that one can possess considerable economic academic credentials while still knowing nothing of some of the most fundamental basics.  Subjective value is a proto-Austrian concept that is not taught in either Econ 101 or 301; most economics PhDs, to say nothing of undergrads, are completely unfamiliar with the scholastics and the pre-Smithian economists and genuinely believe that economics is a 200-year old discipline that began with Adam Smith.

This is where Asher demonstrated that he simply does not know what “subjective value” is:

 This is where the subjective theory of value leads. If everything of value has to be reflected in a market price then to not pay anyone for something of value is ‘unjust’.

Subjective value does not lead there; it cannot lead there because it neither requires anything, (much less everything), of value to be reflected in a price nor assigns any significance beyond the immediate exchange to the exchange value.  As it happens, I’ve been reading Volume II of Rothbard’s excellent Austrian Perspective on the History of Economic Thought, which I recommend to everyone, but especially Asher, and happened to read the following at the gym today:

In contrast to the Smith-Ricardo mainstream of Smithians who set forth the labour theory (or at very best, the cost-of-production theory) of value, J.B. Say firmly re-established the scholastic-continental-French utility analysis. It is utility and utility alone that gives rise to exchange value, and Say settled the value paradox to his own satisfaction by disposing of ‘use-value’ altogether as not being relevant to the world of exchange. Not only that: Say adopted a subjective value theory, since he believed that value rests on acts of valuation by the consumers. In addition to being subjective, these degrees of valuation are relative, since the value of one good or service is always being compared against another. These values, or utilities, depend on all manner of wants, desires and knowledge on the part of individuals: ‘upon the moral and physical nature of man, the climate he lives in, and on the manner and legislation of his country. He has wants of the body, wants of the mind, and of the soul; wants for himself, others for his family, others still as a member of society’.  Political economy, Say sagely pointed out, must take these values and preferences of people as givens, ‘as one of the data of its reasonings; leaving to the moralist and the practical man, the several duties of enlightening and of guiding their fellow-creatures, as well in this, as in other particulars of human conduct’.

At some points, Say went up to the edge of discovering the marginal utility concept, without ever quite doing so. Thus he saw that relative valuations of goods depends on ‘degrees of estimation in the mind of the valuer’. But since he did not discover the marginal concept, he could not fully solve the value paradox. In fact, he did far less well at solving it than his continental predecessors. And so Say simply dismissed use-value and the value paradox altogether, and decided to concentrate on exchange-value….

But whereas Say simply discarded use-value, Ricardo made the value paradox and the unfortunate split between use- and exchange-value the key to his value theory. For Ricardo, iron was worth less than gold because the labour cost of digging and producing gold was greater than the labour cost of producing iron. Ricardo admitted that utility ‘is certainly the foundation of value’, but this was apparently of only remote interest, since the ‘degree of utility’ can never be the measure by which to estimate its value. All too true, but Ricardo failed to see the absurdity of looking for such a measure in the first place. His second absurdity, as we shall see further below, was in thinking that labour cost provided such a ‘true’ and invariable measure of value. As Say wrote in his annotations on the French translation of Ricardo’s Principles, ‘an invariable measure of value is a pure chimera’.

Smith, and still more Ricardo, were pushed into their labour cost theory by concentrating on the long-run ‘natural’ price of products. Say’s analysis was aided greatly by his realistic concentration on the explanation of real market price.

– Murry Rothbard, An Austrian Perspective on the History of Economic Thought, 1.5 Utility, productivity and distribution

Not only does Asher not understand what subjective value is, he then compounds his error by leaping to an erroneous conclusion on the basis of his false understanding.  Subjective value severs any possible connection between price and justice; it specifically denies even the possibility that there is necessarily any connection between the exchange value of a particular object to two parties at one point in time and the value of that same object to those two parties at a different point in time, much less any significance to any one else of either of those two different exchange values.

Nor is subjective value theory new.  Rothbard traces it back to Democritus, a contemporary of Socrates, of whom he writes: “Democritus contributed two important strands of thought to the development of economics. First, he was the founder of subjective value theory. Moral values, ethics, were absolute, Democritus taught, but economic values were necessarily subjective. ‘The same thing’, Democritus writes, may be ‘good and true for all men, but the pleasant differs from one and another’.”

Rothbard also noted that Saint Augustine grasped the essence of subjective value: “Augustine’s economic views were scattered throughout The City of God and his other highly influential writings. But he definitely, and presumably independently of Aristotle, arrived at the view that people’s payments for goods, the valuation they placed on them, was determined by their own needs rather than by any more objective criterion or by their rank in the order of nature. This was at least the basis of the later Austrian theory of subjective value.”

There is, there can be, no such thing as a “just price” under subjective value theory because the value placed upon an object by an individual, which is used to establish the price, is both unique and dynamic.  This is in direct contradiction to the objective value concept that has dominated economics ever since Adam Smith revived the ancient value paradox by confusing exchange value with use value.

Mailvox: surviving in the coming chaos

DA seeks advice on the matter:

Dear Rabbit Hunter Extraordinaire,

I write to you seeking your help in how millennial young male should go about preparing for the future. To provide some context, I am a 20 year college sophomore. Additional not-insignificant details about me include black, upper middle class, Traditional Catholic, and if it helps, my college major is in computer engineering. ( I included this to get your opinion on the usefulness of my degree. I also add that I will leave college debt free.). Forgive me if I come across as attempting a snow-flaking/woe is me act, but my circumstances do leave me fairly isolated. To make matters worse, my political sentiments lean very heavily towards the far right( think Walter Williams) and I’d rather avoid getting caught in the crossfire between the “vibrant” cohorts.

I’ve been reading/lurking/commenting occasionally on your blog for the past three years and your writing has contributed greatly to my current understanding of economics and history. Though my knowledge of said topics is not nearly as comprehensive, it doesn’t require a genius to know that current times are bad and are going to get a whole lot worse.

Having said all that, what are your recommendations as to what I should do to hopefully survive the coming state of entropy? I understand that providing a definitive response to this may be difficult but anything at all would be very much appreciated.

Cue a few thousand little rabbit minds exploding.  Anyhow, being black, intelligent, aware, and intrinsically attractive to SWPL’s seeking token black acquaintaces to prove their SWPLness, DA potentially finds himself in an excellent position to not only survive, but thrive, in the increasingly difficult times ahead.  What looks like a serious disadvantage given the increasing polarity of the American racial divides could actually prove to be an opportunity for a young man of his abilities.

The greatest advantage will be to do as the rabbit people do, but in reverse; a sort of wolf in rabbit’s clothing.  By taking advantage of the SWPLs’ desperate desire to be seen as anti-racist, DA will be able to write his own ticket so long as he keeps his very incorrect ideology to himself.  At the same time, DA will have to realize that the days of whites pretending to be color-blind are over.  Only those SWPL who live in 98.9% white communities can still affect the pretense any longer, but the end of nominal color-blindness will make SWPLs even more desperate to seek absolution from him than they already are.  The more racial polarization, the more the left-liberal white class will be seeking to cling to their living, breathing, get-out-of-racism free cards.

I doubt it has escaped DA’s attention how certain whites fall all over themselves for the likes of Obama and RGIII.  It’s an advantage freely offered to any sufficiently well-spoken black man, so why not avail oneself of it?  The key to success here is to always exceed their secretly lowered expectations.  Being a former white sprinter who is now an American soccer player in Europe, this is something with which I am very familiar myself.  The less they expect, the better you tend to look.

The degree is potentially a good one, particularly as it came debt-free, but programming can be a career dead end and credentials mean little in the programming world.  DA should be careful to keep up on the latest fads and shoot for design and management opportunities as they present themselves.  But, at the same time, he should insist on keeping up with his programming, as the most valuable managers are those that genuinely understand the issues involved.  He should stay away from the false security and bureaucratic mediocrity of the large corporations and look for opportunities in small-to-medium size firms where he can take advantage of his ability to exceed expectations.

In terms of avoiding the crossfire from the vibrant cohorts, the best place to be is in the SWPL strongholds.  Being upper middle class, he’ll be more than welcome among them so long as he doesn’t burst their bubbles by betraying what he thinks of their ludicrous equalitarianism.

Mailvox: a rabbit attempts econ

It’s fascinating to see a creature that can’t count to six attempt to tackle supply and demand.  Phoenician returns and a modicum of economic hilarity ensues:

“And the more women that work, the more women have to work and the less time women who don’t work will have with their husbands who support them, because an INCREASE in the SUPPLY of labor necessitates a DECREASE in the PRICE of labor, demand remaining constant.”

Alas, dipshit, demand doesn’t stay constant – the women working and earning wages also spend those wages.  Fucked up again with basic economics, dipshit.

Wait, working women are going to spend their wages?  Why didn’t someone point that out to me earlier?  This changes everything!

Actually, it doesn’t.  It is obvious that consumption patterns change when a woman works instead of staying home.  More office clothes and restaurant meals, to say nothing of day care and transportation costs.  So how much does total female demand have to increase in order for this altered female consumption to break even with the increase in the labor supply, everything else remaining equal?

35 percent net.  Since not all women work, every single woman who does and is part of the aforementioned post-1950 delta would have to increase her new work-inspired consumption 81.7 percent just to balance her wage depressing effect.  Since Does that sound even remotely plausible given that real household income has remained essentially flat between 1965 and 2012?

And anyhow, we can forget that required 81.7 percent increase because it is extremely unlikely that female consumption-based demand has increased AT ALL due to more women in the labor force for the obvious reason that working women bear fewer children.  The US fertility rate has fallen from 3.7 to 1.9 children per woman since 1955, which means that the increased number of women in the labor force has reduced overall consumption and demand due to there being 1.8 less children in the average family.  At the USDA middle-range estimate of $234,900 to raise a child to 18, that reduced fertility rate translates to $422,820 in reduced demand per woman, or $983,302 per working woman in the delta.

Which effect, I note, is something I had already pointed out in the post to which Phoenician was so ineptly responding: “The reduced birth rate has a negative effect on consumption, and
therefore the demand for labor, 20 years before the consequent negative
effects on the supply of labor can help balance it out, putting further
negative pressure on wage rates.”

It was brave of the little guy, though, wasn’t it?  Perhaps if he’d only thrown in a few more vulgarities, he would have won the debate, because rhetoric is always so effective in an intrinsically dialectical discourse.  Well, there is always next time.  Hop along now, furry little fellow.

Everything has fallen into place

In music, as in all artistic endeavors, one often waits for inspiration to strike.  Sometimes one is inspired by a sudden desire to create something beautiful.  Sometimes, one is inspired to share a particular emotion or experience.  Sometimes, one is inspired to challenge the status quo.  And sometimes, one is inspired to mindlessly imitate works by superior and more original artists over and over again.  But rather than doing a “reboot” of Thriller, Sergeant Pepper’s Lonely Hearts Club Band, or a dubstep remix of “You Light Up My Life”, the Pink Rabbit Posse happened to find inspiration in an interview on Canadian radio during which the interviewee inexplicably announced himself, again, to be inclined towards engaging in a certain activity that is quite rightly denounced by all decent and law-abiding Canadian citizens.

Hence Everything is Falling Into Place (Groove Kittens mix) by Rapey McRaperson and the Pink Rabbit Posse.  McRapey really did an amazing job on the vocals; he nailed them in just one take before rounding up a few local college girls to help with the backing vocals.  This is the first single for the Pink Rabbit Posse, which is presently hard at work on a techno opera based on the works of Isaac Asimov and his hitherto unknown career as a flasher.

The intellectual costs of Calvinism

It is really rather remarkable how many historical and intellectual crimes can be quite reasonably be traced back to Calvinist thought and be considered the natural consequences of Calvinism:

It was, indeed, Adam Smith who was almost solely responsible for the injection into economics of the labour theory of value. And hence it was Smith who may plausibly be held responsible for the emergence and the momentous consequences of Marxism….

Paul Douglas properly and with rare insight noted that Marx was, in this matter, simply a Smithian-Ricardian trying to work out the theory of his masters:

“Marx has been berated by two generations of orthodox economists for his value theory. The most charitable of the critics have called him a fool and the most severe have called him a knave for what they deem to be transparent contradictions of his theory. Curiously enough these very critics generally commend Ricardo and Adam Smith very highly. Yet the sober facts are that Marx saw more clearly than any English economist the differences between the labor-cost and the labor-command theories and tried more earnestly than anyone else to solve the contradictions which the adoption of a labor-cost theory inevitably entailed. He failed, of course: but with him Ricardo and Smith failed as well… The failure was a failure not of one man but of a philosophy of value, and the roots of the ultimate contradiction made manifest, in the third volume of Das Kapital, lie imbedded in the first volume of the Wealth of Nations.”

Adam Smith also gave hostage to the later emergence of socialism by his repeatedly stated view that rent and profit are deductions from the produce of labour. In the primitive world, he opined, ‘the whole produce of labour belongs to the labourer’. But as soon as ‘stock’ (capital) is accumulated, some will employ industrious people in order to make a profit by the sale of the materials. Smith indicates that the capitalist (the ‘undertaker’) reaps profits in return for the risk, and for interest on the investment for maintaining the workers until the product is sold – so that the capitalist earns profit for important functions. He adds, however, that ‘In this state of things the whole produce of labour does not always belong to the labourer. He must in most cases share it with the owner of the stock who employs him’. By using such phrases, and by not making clear why labourers might be happy to pay capitalists for their services, Smith left the door open for later socialists who would call for restructuring institutions so as to enable workers to capture their ‘whole product’. This hostage to socialism was aggravated by the fact that Smith, unlike the later Austrian School, did not demonstrate logically and step by step how industrious and thrifty people accumulate capital out of savings. He was content simply to begin with the alleged reality of a minority of wealthy capitalists in society, a reality which later socialists were of course not ready to endorse…..

Modern writers have tried to salvage the unsalvageable labour theory of value of Adam Smith by asserting that, in a sense he did not really mean what he was saying but was instead seeking to find an invariable standard by which he could measure value and wealth over time. But, to the extent that this search was true, Smith simply added another fallacy on top of all the others. For since value is subjective to each individual, there is no invariant measure or yardstick of value, and any attempts to discover them can at best distort the enterprise of economic theory and send it off chasing an impossible chimera. At worst, the entire structure of economic theory is permeated with fallacy and error…. There is a more fundamental and convincing reason for Adam Smith’s throwing over centuries of sound economic analysis, his abandonment of utility and scarcity, and his turn to the erroneous and pernicious labour theory of value. This is the same reason that Smith dwelled on the fallacious doctrine of productive versus unproductive labour. It is the explanation stressed by Emil Kauder, and partially by Paul Douglas: Adam Smith’s dour Calvinism.

It is Calvinism that scorns man’s consumption and pleasure, and stresses the importance of labour virtually for its own sake. It is the dour Calvinist who made the extravagant statement that diamonds had ‘scarce any value in use’. And perhaps it is also the dour Calvinist who scorned, in the words of Robertson and Taylor, real-world ‘market values which depended on monetary whims and fashions on the market’, and turned his attention instead to the long-run price where such fripperies played no part, and the grim eternal verities of labour toil seemingly played the decisive economic role. Surely this is a far more realistic view of Adam Smith than the Quixotic romantic in quest of the impossible dream of an invariable measure of value. And while Smith’s most famous follower, David Ricardo, was not a Calvinist, his leading immediate disciple, Dugald Stewart, was a Scottish Presbyterian, and the leading Ricardians – John R. McCulloch and James Mill – were both Scottish and educated in Dugald Stewart’s University of Edinburgh. The Calvinist connection continued to dominate British – and hence classical – economics.
– Murray Rothbard, An Austrian Perspective on the History of Economic Thought, 16.5: “The Theory of Value”

While one cannot conclusively ascertain the truth or falsehood of Calvinist theology except through its various departures from scripture, I do find it more than a little informative that the mental gymnastics and contorted interpretations that we have witnessed on numerous occasions here in the past can also be observed in the approach of various notable Calvinists to non-theological matters such as economics.

I am not entirely convinced that Smith’s Calvinism is entirely to blame; I don’t see that a contradiction between the search for an invariable measure of value and a dour Calvinistic tendency to exalt Man’s toil is either necessary or intrinsic.  After all, even after witnessing centuries of futility in attempting to not only define objective value, but make substantive policy decisions on the basis of objective price, leading economists still insist on ignoring the basic concept of subjective value and its inevitable consequences.

Nevertheless, when contemplating the vagaries of Calvinism, one cannot ignore the “fruits” test to which all Christian theologies merit comparison.  After all, if it is reasonable to view my libertarianism as a natural intellectual consequence of my aprevistan free will theology, then surely it is every bit as reasonable to suppose that fatalism, irresponsibility, socialism are at least a possible consequence of a omniderigent Calvinistic theology.

One of the fascinating things about Rothbard’s magnum opus is the way in which the atheist Rothbard came to see the importance of the religious perspective, both overt and implicit, in the formulation of economic theory, past and present.  Indeed, it would not be exaggerating matters to regard economics to be less a science or a philosophy than a series of competing theologies masked by a thin pseudo-scientific layer of statistics and mathematical equations.

Fewer whites = more polarized politics

As is so often the case with the left-liberal failure to accurately predict the consequences of their policies, America’s increased diversity and vibrancy is not going reduce racial tensions and polarization, but increase them.

Now, as you get further down, you see outliers, where the GOP’s share of the white vote is far higher than the GOP’s overall performance: for example, Alabama, Louisiana, and Mississippi. These are states typically in the Deep South, with large black populations. Obviously, there’s a strong degree of white solidarity to keep blacks from taking over the state.

For example, Mississippi went for Romney 56-44—and the way he won was by getting 88 percent of the white vote. Why did he get 88 percent of the white vote? Well, Mississippi has the largest black population of any state and according to this Reuters-Ipsos poll, blacks in Mississippi voted 100 percent for Obama (sample size = 38)

This is what “diversity” gets you in the long run. Lee Kwan Yew of Singapore says, in a multicultural democracy, everybody ends up voting on race.

But probably the two most interesting states that Romney won are not in the Deep South: Texas (76 percent of white vote) and Arizona (66 percent).

Texas is not really an old Deep South state by any means.  It has had a huge influx of Americans from all over the country since oil was first discovered in 1901, and it has its own culture. It shows the possibilities of what a state could do in terms of going heavily toward Republicans as a bloc vote: 76 percent is a pretty amazing number, but that’s what it took to keep rapidly-Hispanicizing Texas handily Republican.

If whites in Texas don’t vote consistently Republican, then the state, with its 38 Electoral Votes, will go Democratic in some future presidential election. And that would end the chances of the Republican Party as we know it ever regaining the White House.

So, GOP, you better hurry up and put all those illegal aliens in Texas on the path to citizenship!

Not being a Republican, I’m not at all concerned about Republican electoral prospects.  But it is worth noting that many Democrats like McRapey who have already fled their vibrant former neighborhoods for white strongholds are soon going to find themselves voting for what has effectively become the White Party whether they like it or not, not out of racial solidarity or because they have learned a strange new respect for Republican Party policies, but because the Everybody Else Party is going to abandon its feigned interest in equality as soon as the Latinos, Blacks, and Asians realize they have the numbers to quit playing poor helpless minority with the white left-liberals who previously dominated it.

It should be very interesting to see if Hillary Clinton is the Democratic nominee for 2016 or if she is again shouldered aside by a minority flag-bearer.  If that happens, we can be fairly certain that we will have seen the last white Democratic presidential nominee.

Music from the Responsible Puppet

The Responsible Puppet writes:

Several years ago I wanted to teach my kids the weekly bible verse from
our church’s five year bible memory program so I started making up
songs. One of the pastor heard about it and asked us to sing at the
yearly bible verse kick off. After that, people started asking us to
record.

We started off slow and rough and we have
now produced five CDs. The most recent CD is the entire Sermon On The
Mount (every word, every verse), using several musical styles and the
gifts of nearly fifty musicians and multiple song-writers. It’s good,
main stream, not highly-produced family-friendly music. It includes the
Beatitudes, the Lord’s Prayer and many other favorite passages.

Just to be clear, this is the RP’s deal, not mine.

Economics and the fate of feminism

What we have here is a failure to connect the obvious dots:

 Over the next 30 years this emphasis on equalizing gender roles at home as well as at work produced a revolutionary transformation in Americans’ attitudes. It was not instant. As late as 1977, two-thirds of Americans believed that it was “much better for everyone involved if the man is the achiever outside the home and the woman takes care of the home and family.” By 1994, two-thirds of Americans rejected this notion.

But during the second half of the 1990s and first few years of the 2000s, the equality revolution seemed to stall. Between 1994 and 2004, the percentage of Americans preferring the male breadwinner/female homemaker family model actually rose to 40 percent from 34 percent. Between 1997 and 2007, the number of full-time working mothers who said they would prefer to work part time increased to 60 percent from 48 percent. In 1997, a quarter of stay-at-home mothers said full-time work would be ideal. By 2007, only 16 percent of stay-at-home mothers wanted to work full time. 

Women’s labor-force participation in the United States also leveled off in the second half of the 1990s, in contrast to its continued increase in most other countries. Gender desegregation of college majors and occupations slowed. And although single mothers continued to increase their hours of paid labor, there was a significant jump in the percentage of married women, especially married women with infants, who left the labor force. By 2004, a smaller percentage of married women with children under 3 were in the labor force than in 1993…. 

For more than two decades the demands and hours of work have been intensifying. Yet progress in adopting family-friendly work practices and social policies has proceeded at a glacial pace.

Today the main barriers to further progress toward gender equity no longer lie in people’s personal attitudes and relationships. Instead, structural impediments prevent people from acting on their egalitarian values, forcing men and women into personal accommodations and rationalizations that do not reflect their preferences. The gender revolution is not in a stall. It has hit a wall.

In today’s political climate, it’s startling to remember that 80 years ago, in 1933, the Senate overwhelmingly voted to establish a 30-hour workweek. The bill failed in the House, but five years later the Fair Labor Standards Act of 1938 gave Americans a statutory 40-hour workweek. By the 1960s, American workers spent less time on the job than their counterparts in Europe and Japan.

Between 1990 and 2000, however, average annual work hours for employed Americans increased. By 2000, the United States had outstripped Japan — the former leader of the work pack — in the hours devoted to paid work. Today, almost 40 percent of men in professional jobs work 50 or more hours a week, as do almost a quarter of men in middle-income occupations. Individuals in lower-income and less-skilled jobs work fewer hours, but they are more likely to experience frequent changes in shifts, mandatory overtime on short notice, and nonstandard hours. And many low-income workers are forced to work two jobs to get by. When we look at dual-earner couples, the workload becomes even more daunting. As of 2000, the average dual-earner couple worked a combined 82 hours a week, while almost 15 percent of married couples had a joint workweek of 100 hours or more.

The reason “gender equality” stalled is because it is an economic impossibility.  The reason the average hours worked is so much higher than in the more “sexist” 1960s is because primarily there are more women in the workforce.  While immigration too plays a role here, the only significant effect native women have when they enter the labor force in greater numbers is to depress the price of labor.  Unlike immigrants, they don’t bring in new consumption to help mitigate their wage-depressing effects; the reason real hourly wages peaked in 1973 and have been falling ever since is because that was the year that the number of men younger than 20 and older than 65 leaving the labor force was surpassed by educated, middle-class women entering it.

One-third of working class women have always worked.  The change brought by feminism is that now middle class and upper middle class married women work as well.  And the more women that work, the more women have to work and the less time women who don’t work will have with their husbands who support them, because an INCREASE in the SUPPLY of labor necessitates a DECREASE in the PRICE of labor, demand remaining constant.

And to make matters worse, demand does not remain constant, but actually declines, because a woman who works is statistically much less likely to eventually become a wife and mother, and even when she does, she becomes one several years later and has fewer children.  This means that feminism is a structural economic failure as it creates a downward-spiraling vicious circle of three easily identifiable revolutions:

  1. The increase in the supply of labor causes wages to go down.  This is indisputable in either logical or empirical terms.
  2. Female hypergamy, female independence, and opportunity cost reduces the marriage rate and the average birth rate, while increased male work hours and work-related romantic opportunities increases the divorce rate.  These connections are all logically sound and readily observable.
  3. The reduced birth rate has a negative effect on consumption, and therefore the demand for labor, 20 years before the consequent negative effects on the supply of labor can help balance it out, putting further negative pressure on wage rates.  This is also indisputable, both logically and empirically.

While this didn’t have to be the case, feminism has also played a role in the debt crisis of the United States, as the Social Security system, Medicare, and Medicaid were set up structurally to be dependent upon the male breadwinner/female homemaker family model and a birthrate higher than the replacement level.  Funding for those systems was doomed post-1973, necessitating either their complete restructuring or funding them through debt; obviously the latter path was the one taken, much to the detriment of those who are now on the hook for it.

The complete systematic failure of feminism as well as every society which incorporates the concept of sexual equality is no less predictable than the complete systematic failure of socialism.  Ludwig von Mises correctly predicted the failure of socialist societies in his “Economic Calculation in the Socialist Commonwealth”, published only three years after the October Revolution, on the basis of socialism’s intrinsic inability to establish a pricing mechanism.

The economic flaws of feminism are no less obvious, no less fundamental and no more avoidable than the economic flaws of socialism.  Feminism’s structural inability to sustain wage rates and birth rates spells the inevitable doom of every feminist society, as surely as the inability to calculate prices spells the doom of every socialist society.  “Gender equality” hasn’t stalled because it isn’t being sufficiently enforced by the government, it has stalled because it is in the process of collapsing along with the society it has infested.

The impossibility of sexual equalitarian societies has nothing to do with fairness, traditional religious beliefs, human rights, or how intensely one feels that women are equal to men in every way.  It is a straightforward and unavoidable consequence of the law of supply and demand, and as such, is far more reliable than the Malthusian equation of the geometric increase of population outstripping the arithmetic increase of the food supply.

All cultures are equal

Sure, some forms of African folk witchcraft may sound terrible.  But Crusades!  And Spanish Inquisition!  Dominionists!

Attackers collecting body parts of albinos for witchcraft have hacked off the hand of a seven-year old boy in Tanzania, the latest in a series of bloody assaults, officials said on Sunday.  “The boy was attacked on Saturday by three people as he walked home with his four school friends,” said Apolinary Macheta, the local government leader in Tanzania’s southwestern Milepa district.  The boy, Mwigulu Magessa, is recovering in hospital, Macheta added.

The attack came just days after an albino mother of four had her arm chopped off by machete-wielding men, with police on Saturday saying they had arrested five men after discovering the decomposing limb hidden in a field.  In Tanzania, albinos are killed and dismembered due to a widespread belief that charms made from their body parts bring good fortune and prosperity.

In fairness to the Tanzanians, one can make a flawless utilitarian argument in defense of the practice.