voluntary interaction

Home » voluntary interaction

Thank You, Taylor Swift!

in Economic Liberty, From Me To You, Liberator Online by Brett Bittner Comments are off

This article was featured in our weekly newsletter, the Liberator Online. To receive it in your inbox, sign up here.

Next week, Apple, already an innovator when it comes to how we listen to music, will launch Apple Music. Despite their marketing efforts, I was completely unaware, as I am not a part of what I affectionately call “The iCult.” Unaware until pop music princess Taylor Swift announced that she would not allow her wildly popular album, “1989,” to appear on the multinational technology company’s streaming service, that is.

Taylor SwiftI will admit that I am a fan of Taylor Swift. Her catchy songs, especially from the aforementioned album, get my toes tapping, and when I get to know the lyrics, I might even sing along in the car, while cutting the grass, or even when I’m out on a walk.

Music tastes aside, Taylor Swift did something that I wish more people would, when it comes to things with which they disagree. She withheld her wildly popular album, which is home to four chart-topping singles since its release eight months ago, and used her celebrity, popularity, and audience to affect change in her industry without getting her Congressman or Senator involved to have the government “do something.”

The issue at hand was about Apple’s plan not to pay royalties to artists during the initial 3-month trial they offer to new subscribers to the service, something that Swift found “shocking, disappointing, and completely unlike this historically progressive and generous company“. She points to “the new artist or band that has just released their first single and will not be paid for its success” as the real beneficiaries of her action.

Far too often, we see individuals and groups running to Big Government to change something that they disagree with or are offended by. In both of the instances noted above, people voted with their feet, something I remember Clark Howard saying frequently on Atlanta radio when I grew up. They affected change, not by rallying a City Council to deny a proposed Wal-Mart’s building plan to stop construction or by getting a law enacted in their state that’s named after someone affected by an ultra-rare situation, but by using the power of markets.

I’m pleased to share that Apple reversed course, and all my libertarian Taylor Swift fans (and maybe some who want to listen to the artist that used markets over Big Government) will be able to stream “1989″ on Apple Music during the trial period and beyond.

I would be remiss not to mention that Taylor’s media blitz around this story brought up an interesting take on the contract she has photographers sign. There are some signs of change on the horizon here as well.

Imagine that. All of this was solved by peaceful, voluntary interaction, and NOT the intervention of Big Government

FREE Libertarian E-Book: The Morality of Capitalism

in Economic Liberty, Liberator Online by James W. Harris Comments are off

(From the Intellectual Ammunition section in Volume 19, No. 4 of the Liberator Online. Subscribe here!)

In recent issues we’ve reviewed and recommended two outstanding free e-books available through Students For Liberty (SFL): After the Welfare State and Why Liberty.

Now we’re pleased to suggest one more great SFL title to add to your ebook library.

The Morality of Capitalism: What Your Professors Won’t Tell You combines the writings of renowned economists, philosophers, historians, policy experts, and entrepreneurs from around the world to make the case that not only do free markets “deliver the goods,” but that true free market capitalism is a just and moral system.

It is clear and highly readable, suitable for students and non-students alike, for newcomers to free enterprise and libertarianism as well as longtime libertarians.

As SFL notes:

“As students for liberty, we are well-versed in defending the free market. Our opponents on campus constantly claim that markets are unfair, that capitalism is exploitative, that competition is inhumane, and that government control and redistribution are the solution to society’s problems. Every day we struggle to explain that a free society that embraces free exchange is the only way to create wealth, peace, and prosperity for all.

“Most people acknowledge, if only begrudgingly, that capitalism does produce considerable wealth and material well-being. But many feel torn between material prosperity on the one hand and living a moral life on the other. The self-interested pursuit of profit that is characteristic of a capitalistic system just doesn’t feel right to them.

“The task before us, then — if we wish to actualize the truly free social system that is laissez-faire capitalism — is to provide and defend its moral justification. We must convince fellow students that capitalism is not just the most efficient system, but a virtuous one as well.”

The Morality of Capitalism: What Your Professors Won’t Tell You makes that case, powerfully and convincingly.

Students For Liberty has distributed over 100,000 copies to students around the world since it was first made available.

You can learn more about The Morality of Capitalism: What Your Professors Won’t Tell here.

Download it as a FREE PDF ebook here.

Here’s the table of contents: 

Introduction: The Morality of Capitalism by Tom G. Palmer
The History of a Word
Free-Market Capitalism vs. Crony Capitalism

Section I: The Virtues of Entrepreneurial Capitalism

  • Interview with an Entrepreneur featuring John Mackey (Whole Foods CEO)
  • Liberty and Dignity Explain the Modern World by Deirdre N. McCloskey
  • Competition and Cooperation by David Boaz
  • For-Profit Medicine and the Compassion Motive by Tom G. Palmer

Section II: Voluntary Interaction and Self-Interest

  • The Paradox of Morality by Mao Yushi (Translated by Jude Blanchette)
  • The Moral Logic of Equality and Inequality in Market Society by Leonid V. Nikonov
  • Adam Smith and the Myth of Greed by Tom G. Palmer
  • Ayn Rand and Capitalism: The Moral Revolution by David Kelley

Section III: The Production and Distribution of Wealth

  • The Market Economy and the Distribution of Wealth by Ludwig Lachmann
  • Political and Economic Freedoms Together Spawn Humanity’s Miracles by Temba A. Nolutshungu

Section IV: Globalizing Capitalism

  • Global Capitalism and Justice by June Arunga
  • Human Betterment through Globalization by Vernon Smith
  • The Culture of Liberty by Mario Vargas Llosa
  • A Little Further Reading for Fun and Profit (and Better School Papers) by Tom G. Palmer

The Morality of Capitalism: What Your Professors Won’t Tell You is published by SFL and the Atlas Network. We highly recommend it.

Student groups note: SFL offers a limited number of hard copies at no cost to student groups. You can learn more about that here.