Capilatism as agent of change and the Democrats who oppose change

Mark Steyn:

This past week's issue of the Economist has a heart-rending vignette from one of the most ruthlessly capitalist industries on the planet:

"In 2006 EMI, the world's fourth-biggest recorded-music company, invited some teenagers into its headquarters in London to talk to its top managers about their listening habits. At the end of the session the EMI bosses thanked them for their comments and told them to help themselves to a big pile of CDs sitting on a table. But none of the teens took any of the CDs, even though they were free."

"That was the moment we realized the game was completely up," an EMI exec told the magazine. In the United States, album sales in 2007 were down 19 percent from 2006. Don't blame me. I still buy plenty of CDs. But that's because I like Doris Day, and every time I try to insert one of these newfangled MP3s into my fax machine it doesn't seem to play. But if you're not Mister Squaresville, and you dig whatever caterwauling beat combo those London hep cats are digging on their iPods, chances are you find the local record store about as groovy as the Elks Lodge.

Now there are generally two reactions to the above story. If you're like me, you're reminded yet again why you love capitalism. It's dynamic. And the more capitalist your economy, the more dynamic it is. Every great success story is vulnerable to the next great success story – which is why teenagers aren't picking their CDs from the Sears-Roebuck catalog. There's a word for this. Now let me see. What was it again?

Oh, yeah: "change." Innovation drives change, the market drives change. Government "change" just drives things away: You could ask many of the New Hampshire primary voters who formerly resided in Massachusetts.

Nevertheless, between Iowa and New Hampshire, almost every presidential contender found himself lapsing into boilerplate assertions that he was the "candidate of change" – or even, as both McCain and Hillary put it, an "agent of change," which sounds far more exotic, as if they're James Bond and Pussy Galore covertly driving the Aston Martin across some international frontier, pressing the ejector button and dropping a ton of government regulation on some hapless foreigners.

But it's capitalism that's the real "agent of change." Politicians, on the whole, prefer stasis, at least on everything for which they already have responsibility. That's the lesson King Canute was trying to teach his courtiers when he took them down to the beach and let the tide roll in: Government has its limits. In most of the Western world, the tide is rolling in on demographically and economically unsustainable entitlements, but that doesn't stop politicians getting out their beach chairs and promising to create even more. That's government "change".

What's the second reaction to that EMI story? Perhaps even now John Edwards is rallying the crowd at the last CD mill in America's declining rap belt, comforting the 9-year-old coatless daughter of a laid-off mill worker who started there in 1904 making wax cylinders of the Columbia Male Quartet singing "Sweet Adeline," and later pressed million of 78's of Ukulele Ike singing "Who Takes Care of the Caretaker's Daughter While the Caretaker's Busy Taking Care?," and millions of 45's of the Swinging Blue Jeans singing "The Hippy Hippy Shake," and millions of CDs of Three 6 Mafia ]singing "Hit A Motherf-----," only to be cut down in his prime and thrown on the scrapheap because Americans have outsourced their record collection to the computer.

"I will never stop fighting for you," Edwards will be telling them. "No matter how they try to stop me. I feel the spirit of Al Jolson speaking through me. He's saying, climb upon my knee, Sonny Boy, though you're 53, Sonny Boy, I'll never stop condescending to you."

...

He also notes that on the GOP side McCain has an anti capitalistic side too. He mainly does not understand the pharmaceutical business. But, Edwards is the real perverse opponent of innovation and change. He has become the candidate for featherbedding. Remember all those firemen who shoveled coal into locomotives and kept that same job even after the diesel locomotive changed the train business. Edwards is fighting for him.

I worked for a short while for a newspaper in Washington DC while I was waiting to get my medical discharge from the Marine Corps. At the time the Associated Press would send its stories on perforated tape that could be fed into a Linotype Machine which could reproduce the story in hot type that could be used to print it. But that would have meant less work for the Linotype operators so they retyped every AP story before it could be used. It is this type of resistance to change that has reduced the trade unions in this country and made many of our industries less competitive. Candidates like Edwards are the ones too resistant to change now.