Monday, February 2, 2015

Demagogues and Economics: New Version

I recently read “Defense Against Demagogues” by Walter E. Williams at Townhall.com. I was drawn to this article because it raised two questions in my mind. What is it about demagogues that requires a defense? and How and why can demagogues and economics possibly sit at the same table? 

It was demagogues that captured my immediate and complete attention. The word jumped off the page and into my mind and it clearly said: Pay attention here! Mr. Williams strongly illustrated the point that “The greatest tool in the arsenal of demagogues is economic ignorance…” but I came up a little short of understanding the tools in the demagogues arsenal. After a few minutes with a dictionary, a Wikipedia article and a thesaurus, I was also convinced that we do need a defense and I was ready to better understand Mr. Williams’ intended message.

This is what I learned during those few minutes and why I decided that a defense against demagogues is required: [from French “demagogue”, derived from the Greek “demos” = people/folk and the verb “ago” = carry/manipulate thus “people manipulator”] A demagogue is a political leader who appeals to the emotions, fears, prejudices and ignorance of people in order to gain power and promote political motives. Demagogues take advantage of a fundamental weakness in a democracy. In a democracy, the ultimate power is held by the people and there is nothing to stop the people from giving power to someone who appeals to the lowest common denominator of a large segment of the population. Relentlessly and without self-restraint, demagogues appeal to the emotions of the poor and the uninformed, pursue personal power, and tell lies to stir up hysteria and exploit crises to intensify popular support for their call to immediate action and increased authority. To enhance their self image, demagogues accuse opponents of weakness and disloyalty to the nation even as they, themselves, are manipulative, bigoted and pernicious. 

A defense against demagogues is clearly important to all of us. We need to commit ourselves to learning to recognize and protect ourselves from these ‘people manipulators’ and we need to increase our understanding and appreciation of economics. We all have a great deal to lose because of our lack of understanding of both.

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