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About dpkworldwide

Native Californian, water rabbit, aries, lover of travel, trains, history, music, wrestling, anime, minimalism, stoicism, objectivism and things Japanese.

USA Today: “Occupiers” should look beyond Wall Street

In a brilliant “Opposing view” piece in USA Today (read it–it’s really short), Competitive Enterprise Institute founder and president Fred Smith hits the big nail on the head:

The problems we face come not from capitalism, Wall Street variety or any other, but rather from crony-capitalism.

As he points out throughout the piece, the “Occupiers” are idiots for thinking the answer to Wall street “Capitalist” excess–which was caused by government intervention in the first place–is more government.

The inmates are running the asylum.

You need look no further than Solyndra to see that it doesn’t matter which side is in power, when government steps in to mis-allocate capital and play favorites–and when business starts to rely on government incentives/coercion rather than innovation or providing good products and services through hard work–they benefit and the rest of us get screwed. Government bureaucrats and politicians are the biggest cronies on the face of the earth.

It’s like every day’s headlines are being lifted straight from the pages of Ayn Rand’s Atlas Shrugged…

NRO: Occupy Wall Street vs. Jobs

Michael Tanner of the Cato Institute has a great opinion piece in National Review Online today that juxtaposes the ludicrous hypocrisy of the “Occupy Wall Street” movement with what Steve Jobs did to create value in the world. If you want to know what is both wrong and right with America, then you should really give this a read. I liked the final paragraph:

In fact, the next time someone suggests that what we need is more taxes, more regulation, more class warfare, more government programs, we should instead suggest that what we really need are policies that encourage[s] a poor boy from San Francisco to become rich and thereby make the rest of us a little richer as well.

What we need is less government and more Jobs (pun intended…). The only thing that will save us as a country is to get rid of government bureaucracy, return to true constitutional policies and let people build their own lives under their own direction fueled by their own ambition and hard work.

Japan Remembers Steve Jobs

For years I have been subscribing to the email list for J-List in Japan–an online store that sells all manner of cool things from Japan run by an expat from San Diego, Peter Paine. I particularly liked what he wrote in today’s email:

Like everyone else yesterday, I was saddened to hear of the death of Steve Jobs, founder of Apple and one of my idols as a businessman. The news was widely reported here, and the reaction by Japanese fans was as expected, with many expressing great sadness at his passing in TV interviews. Steve Jobs was well-respected in Japan, a country where business leaders are seldom charismatic and inspiring–only a few, like Panasonic founder Konosuke Matsushita or Honda founder Soichiro Honda, have stood out in a similar way. Jobs was feared by hidebound Japanese companies like Sony, too, who would rather their business go on forever without being disrupted by outside ideas like the iPod.

The reaction on 2-channel, the ubiquitous Japanese BBS, was also strong, and I opened a few threads to see what Japanese users were saying. In addition to lots of posts expressing arigato! to such a unique individual, one poster pointed out how similar the relationship of Steve Jobs and Bill Gates was to Takeda Shingen and Uesugi Kenshin, two samurai lords from the Warring States period (1467-1573) who were lifelong rivals, though they had great respect for each other.

But the comment I liked best was, “Now we know where the iPhone 4S got its name from. The 4S stands for ‘For Steve.'”

You know, I really like that last one myself and I shall always refer to my new iPhone as the “For Steve” model.