Austin Hill

“…Activists and diplomats in Copenhagen say Obama could nevertheless help break the negotiating impasse, particularly if he commits to a set dollar figure on a shared financial aid package from wealthy nations to developing ones, to help the poorer countries adapt to climate change. More than anything, Copenhagen participants say, Obama must tell world leaders that he will push hard for a climate bill in the spring, in time to have a law in place for a potential follow-up summit six months from now…”

So, how much more clear can the agenda be? Here is a major American newspaper acknowledging in its “news” section that so long as the President of the United States agrees to hand-over a certain minimum amount of American money to “poorer nations,” then delegates to the U.N. will be happy once again.

The agenda of alleged “global warming” is in actuality an agenda against free market economics. And the hostility towards the free market is almost universally based on a few specific assumptions: A) In as much as the free market economic system allows for some people to get “rich,” while others remain “poor,” the free market system is itself unjust; B) The wealth accumulation of the rich is necessarily accomplished by unjust means; and C) Economic justice is achieved by re-distributing wealth away from “the wealthy,” and towards those who are poor.

These assumptions are clearly alive and well at the U.N. Yet, despite however passionately people around the world may believe these assumptions to be true, the assumptions themselves lead to a slew of other questions – questions that economic re-distribution enthusiasts generally don’t ask.

If the free market economy has produced “unjust” economic outcomes, what economic system can produce better, more “just” outcomes? If re-distributing money out of the United States and other “wealthy” nations, and in to “poorer” nations is the “right thing” to do, how much money should be taken? To which nations shall it be given? What is the definition of a “wealthy” nation? How does one define a “poor” nation?

Who shall make these important determinations? Should it be the U.N? Can the world trust a “body of dilopmats” from around the world who, while in the process of gathering to set policies that restrain others’ freedom and that re-distribute others’ wealth, nonetheless themselves demand a life of luxury, flying-in to Copenhagen in private jets, utilizing limousines imported from other countries to shuffle them about the city, and so forth?

Or should one individual person be selected to establish “economic justice” throughout the world? And who is so just, so “moral,” so “fair” and so wise that they can know what is “just” for every nation of the world? Is it Hugo Chavez? Barack Obama perhaps?

The loudest opponents of capitalism are quick to decry the self-interests of others. But they are conveniently ignoring their own.


Austin Hill

Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.