No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, May 10, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Burned by a Red Hot Stove

by TheAdviserMagazine
1 week ago
in Economy
Reading Time: 4 mins read
A A
Burned by a Red Hot Stove
Share on FacebookShare on TwitterShare on LInkedIn


[Cricket Versus Republicanism and Other Essays by David Stove (Quakers Hill Press. 2013; 166 pp.)]

The Australian philosopher David Stove, who lived from 1927 to 1994, was the most politically incorrect and also the funniest philosopher I have ever read. He was a master of annihilating criticism who could dismantle an argument by making you laugh at its absurdity. Cricket Versus Republicanism is a collection of short essays and reviews by him, edited by his close friend and student the philosopher James Franklin, and by his son R.J. Stove. In this week’s column, I’m going to give some examples to justify what I have said about him.

Stove favored the free market, but he didn’t share the view held by many free-market supporters that a free economy stems from the Enlightenment. Quite to the contrary, he maintained that the dominant theme of the Enlightenment was equality, and he opposed equality with a passion. As he puts it:

According to Marxist mythology, the eighteenth-century Enlightenment was an ideological expression of bourgeois economic interests. The truth is almost exactly the opposite. The more thoroughgoing Enlightenment thinkers were enemies of the institution of private property. This was so even before the industrial revolution—see Rousseau, Godwin, etc. After that revolution, hostility to private property became universal and emphatic among the Enlightened. Marx was perfectly right to regard himself as the legitimate heir of the Enlightenment. By about 1900, a member of the Rationalist Association in Britain, or his counterpart anywhere in Western Europe, could almost as easily have been a Tibetan monk as a free-marketeer. The Enlightenment package—of secularism, utilitarianism, and egalitarianism—seemed to everyone to point in only one economic direction: socialism. Not only did it seem to—it did, and it still does. The reason is simple. The fundamental moral value of the Enlightenment is equality. But what inequality is more cruel or more glaring than that which is inescapable from the free market: the inequality between those who can afford to buy and those who cannot?

But you might object, weren’t Smith, Hume, and other economists and philosophers who supported the market Enlightenment thinkers? In Stove’s opinion, they were exceptions; and he does not back down from his claim that the Enlightenment was hostile to the free market:

[Francis] Fukuyama’s immobilising mixture has in fact been tried once before. It seems extraordinary that he should need to be reminded of this, but the trial that was made of it was actually what produced twentieth-century socialism. Between about 1780 and 1900, the mixture of Enlightenment values and the free market was given its chance in real life. What the result was everyone knows: a virtually universal and unconquerable conviction of the moral and historical necessity of socialism. Among those so convinced was an unusually resolute heir of the Enlightenment named V. I. Lenin. He turned his own country into a gigantic graveyard, and successfully exported his policies to many other grateful countries—feats unknown and unimaginable before this enlightened century of ours. But it is unnecessary to replay this old film any further: this is where we came in.

Stove dismisses Marxism as obvious nonsense, and he has brought to light a quotation that shows Marx realized this himself:

As an item of the intellectual agenda, Marxism is scarcely even a joke. Is the “superstructure” just a “reflection of the economic base?” “You must always distinguish, comrade, between mechanical materialism and dialectical materialism, between Aristotelian logic and dialectical logic… between utopian socialism and scientific socialism.” “Are the Theses on Feuerbach ‘progressive’ or a departure from the standpoint of scientific socialism?” etc., etc. Having afterwards found out what serious intellectual work is, I am mortified to recollect that all this seemed to me to be hot stuff when I was nineteen. (Though even then, I can say in self-defence, certain things, such as Engels on “contradictions in nature”—remember the grain of wheat?—were painfully embarrassing.) No: Marxism is a fearful social-and-police-problem, but so is the drug trade. It is a fearful political problem, but so is Islamic fundamentalism. But an intellectual problem Marxism is not, any more than the drug trade is, or Islamic fundamentalism. Marx himself, unlike his millions of devotees, knew perfectly well what his rubbishy improvisations about “dialectic” etc. are worth. In 1857 he had made certain statements in print about the course of the Indian Mutiny, then going on, and he writes to Engels about these as follows: “It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way.” This quotation is from p. 152, Vol. 40 (1), of the Collected Works (Lawrence and Wishart). It should be pasted over every door in every Arts faculty in the Western World. (Except that it is, alas, a little late for that.)

Marx drew from and reacted to Hegel, and Stove doesn’t care for him either:

But then, people who take Hegel’s pretensions seriously can believe anything. Schopenhauer, whose idealist philosophy was mad enough in all conscience, called Hegel a “charlatan” and a “humbug.” He was, though it is not easy to convey by how much even those words are too good for him.

I said that Stove is the most politically incorrect philosopher I have ever read, and an example of this is his discussion of “racism.” For Stove, the whole thing is a great pretense:

“Racism” is a neologism so recent that it was still not in The Oxford English Dictionary as late as 1971. But it swept all before it once it did arrive. Nowadays, you cannot open a daily paper or a popular periodical without meeting it. You wonder how journalists could possibly have managed without this word until recently. A politician must now neglect no opportunity to pronounce a curse on “racism.” He can probably still remember the very first time he heard the word, yet he must now pretend that he had always had “racism” on his curse-list. Almost certainly, his real feelings towards people of other races are no warmer than those of most of the voters; but he must pretend otherwise, and pronounce the ritual curse whenever a chance to do so presents itself. A more farcical spectacle than this is not easily imagined. Daniel Defoe said that around 1700, most Englishmen were ready to fight to the death against Popery, without knowing whether Popery was a man or a horse. But the spectacle which we present is even more comic, and much less honest. Almost everyone unites in declaring “racism” false and detestable. Yet absolutely everyone knows it is true.

I urge everybody to read David Stove. You’ll be glad you did.



Source link

Tags: BurnedHOTredStove
ShareTweetShare
Previous Post

How to Estimate Rehab Costs from Scratch (Materials & Labor) (Rookie Reply)

Next Post

Carry-On Roller Suitcase + Backpack + Toiletry Bag = just $59.99 shipped, plus more!

Related Posts

edit post
Jobs report: Retailers hire big, defying consumer warning signs

Jobs report: Retailers hire big, defying consumer warning signs

by TheAdviserMagazine
May 10, 2026
0

A woman walks past a "Now Hiring" sign in front of a store on January 13, 2022 in Arlington, Virginia.Olivier...

edit post
The Sunday Morning Movie Presents: The Man Who Stole The Sun (1979) Run Time: 2H 27M Plus Bonus Short Silent Film!

The Sunday Morning Movie Presents: The Man Who Stole The Sun (1979) Run Time: 2H 27M Plus Bonus Short Silent Film!

by TheAdviserMagazine
May 10, 2026
0

Welcome gentle readers to another installment of the Sunday Morning Movie. Today it’s Japanese thriller, The Man Who Stole The...

edit post
Iran War: Momentary Quiet as Iran Withholds Answer on US Proposal; Iran Asserts Control Over Persian Gulf Cables; Debate Over US Destruction of Iran Tankers, Iran Destroyer Attacks

Iran War: Momentary Quiet as Iran Withholds Answer on US Proposal; Iran Asserts Control Over Persian Gulf Cables; Debate Over US Destruction of Iran Tankers, Iran Destroyer Attacks

by TheAdviserMagazine
May 10, 2026
0

Today’s Iran war post is for once actually a bit thin due to the appearance of quiet. That does not...

edit post
How To Distinguish A Real Bull Market

How To Distinguish A Real Bull Market

by TheAdviserMagazine
May 10, 2026
0

COMMENT: Mr. Armstrong, we never met. I was introduced to Socrates at the insistence of a friend at another one...

edit post
Why Some Economies Are Growing While Others Collapse In Real-Time

Why Some Economies Are Growing While Others Collapse In Real-Time

by TheAdviserMagazine
May 10, 2026
0

There is a pattern within the cost of living series based on a series of factors that directly contribute to...

edit post
UK Equality Law Revamp Legislates Socialism

UK Equality Law Revamp Legislates Socialism

by TheAdviserMagazine
May 9, 2026
0

In recent years, many Western countries have introduced legal duties to promote equal outcomes or “equity,” under the auspices of...

Next Post
edit post
Carry-On Roller Suitcase + Backpack + Toiletry Bag = just .99 shipped, plus more!

Carry-On Roller Suitcase + Backpack + Toiletry Bag = just $59.99 shipped, plus more!

edit post
Berkshire annual meeting with no Buffett: Can Abel rekindle enthusiasm?

Berkshire annual meeting with no Buffett: Can Abel rekindle enthusiasm?

  • Trending
  • Comments
  • Latest
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

April 23, 2026
edit post
The Sunday Morning Movie Presents: The Man Who Stole The Sun (1979) Run Time: 2H 27M Plus Bonus Short Silent Film!

The Sunday Morning Movie Presents: The Man Who Stole The Sun (1979) Run Time: 2H 27M Plus Bonus Short Silent Film!

0
edit post
Israel Approves First Shekel-Pegged Stablecoin Framework After Two-Year Regulatory Pilot

Israel Approves First Shekel-Pegged Stablecoin Framework After Two-Year Regulatory Pilot

0
edit post
Monthly Dividend Stock In Focus: H&R Real Estate Investment Trust

Monthly Dividend Stock In Focus: H&R Real Estate Investment Trust

0
edit post
If You’d Invested Just ,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

If You’d Invested Just $5,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

0
edit post
Novo Nordisk (NVO) Raises 2026 View, but Adjusted Growth Tells a More Complicated Story

Novo Nordisk (NVO) Raises 2026 View, but Adjusted Growth Tells a More Complicated Story

0
edit post
Weight Watchers Specials: Just /Month + First Month Free!

Weight Watchers Specials: Just $10/Month + First Month Free!

0
edit post
If You’d Invested Just ,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

If You’d Invested Just $5,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

May 10, 2026
edit post
Why More Seniors Are Choosing Multi-Generational Living Over Traditional Retirement Communities

Why More Seniors Are Choosing Multi-Generational Living Over Traditional Retirement Communities

May 10, 2026
edit post
Great chip melt-up shows no signs of abating – WSJ

Great chip melt-up shows no signs of abating – WSJ

May 10, 2026
edit post
Altcoin Trading Volume Shoots Up: Is The Altseason Upon Us Again?

Altcoin Trading Volume Shoots Up: Is The Altseason Upon Us Again?

May 10, 2026
edit post
Frontier swoops in after Spirit fails while rivals cut capacity

Frontier swoops in after Spirit fails while rivals cut capacity

May 10, 2026
edit post
Saylor Posts ‘Back to Work’ Signal as Strategy Eyes More Bitcoin After One-Week Pause – Bitcoin News

Saylor Posts ‘Back to Work’ Signal as Strategy Eyes More Bitcoin After One-Week Pause – Bitcoin News

May 10, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • If You’d Invested Just $5,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today
  • Why More Seniors Are Choosing Multi-Generational Living Over Traditional Retirement Communities
  • Great chip melt-up shows no signs of abating – WSJ
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.