Chapter 23 of 61 · The Freeman 1958, Vol. IV by Foundation for Economic Education
Looking Out for Yourself; L.E. Read
It is not at all improbable that you have, until now, been so engrossed in technical and other formal educa tional pursuits, that you have given but scant thought to the educational program you must resolve for yourself, beginning tomorrow. I would like to present for your consideration some of the problems I foresee for you, issues with which students of specialized subjects may not be too familiar. Unless you are alerted, or are different from most of the folks I know, you can easily remain unaware of the two opposed ways of life that will be contesting for your Mr. Read is President of the Foundation for Economic Education. This essay is from a 1956 commencement address at the Illinois Institute of Technology. [172 ] attention and support in the years ahead. One of these ways-the collectivistic-has by far the most numerous adherents. Indeed, you will be fortunate if you nnd even a few individuals who harbor no collectivism whatever.
Collectivism is easy enough to identify when it comes plainly tagged as socialism, communism, Fabianism, Naz ism, the Welfare State, the planned economy, or state interventionism. But one has to be sharply discriminating to discern it when it is untagged or concealed; when it is offered as proper fare by so-called conservative po litical parties; when it is endorsed by many high-ranking business leaders and their organizations; or when it is urged upon you by your best friends. Collectivism is a system or idea which holds that the collective-as distinguished fron1 the individualis what counts. Individual hopes, aspirations, and needs are subordinated to what is termed "the collective good." Practically, no such system can be implemented unless some person or set of persons interprets what "the col lective good" is. Since it is impossible to obtain unani mous and voluntary agreements to these interpretations, they have to be enforced-and enforcement requires a police arrangement which in turn dominates the lives of all persons embraced by the collective. Implicit in all authoritarian systems are wage and price controls, dicta tion as to what will be produced and distributed, and by whom.
Russia is the world's most pronounced example, but here at home we see the same thing rearing its head in the form of rent control, Valley Authorities, public hous... [ 173] ing, parity prices, acreage allotments, union monopoly, federal subsidies of every description, federal subven tions to states and cities and districts, governmental for eign-aid programs, import quotas, tariffs, manipulation of money, such as the monetization of debt, and so on. A Positive Approach However, it is more or less idle for me to dwell on what I believe to be error. As has been well repeated over and over again, "It is better to light a candle than to damn the darkness." A much sounder approach is to displace the wrong by advancing the right, to argue positively instead of negatively. With this in mind, I should like to take sides in the ideological hassel of our times and commend to your attention the way of life which is the opposite of collectivism. This way of life, also, has num erous labels, but I'm going to give it a simple and de scriptive name, "Looking Out for Yourself." That's about as opposite as you can get from having the government looking out for you.
Now there's a lot more to this looking-out-for-yourself philosophy than first meets the eye. To the unreflective person-to the victim of cliches and catch phrases-it will suggest a life of non-cooperation, greed, the law of the jungle, and no concern for the well-being of others. But, be not deceived. If you intelligently look out for your self, you will thereby follow the way of life most valuable to others. Perhaps you will better understand this idea when I [174 ] explain why there isn't anyone on earth you can con structively control except yourself. Control can be di vided into two types, the destructive and the creative. It is simple enough to control others destructively. Little intellectual achievement is required to restrain others, to inhibit their actions, to destroy their lives. There are all sorts of ways to get on the backs of others and hinder them in their creative actions. But the hindering type of control is quite different from the helping type. The hindering type rests primarily and ultimately on the application of brute or physical force.
The Limited Role of Force Now brute or physical force is all right if confined to its proper sphere-that is, restraining and inhibiting de structive actions such as violence, fraud, misrepresenta tion, and predation against peaceful persons. Broadly speaking, this is the logical function of government. In sound theory, government should use its police powers only to do for all of us equally that which each of us has a moral right to do for himself in defense of his life, liberty, and property. It should apply physical force only defensively in order to repel that which is evil and un just. It should be clearly understood that brute, physical, or police force cannot constructively help anyone. It can give only a negative assist by clearing the obstacles from the road to opportunity. No person, nor any set of per sons, can physically force anyone to invent, to discover, [175 ] to create. Let us face this fact: One can have no control whatever over any other person creatively. We are in deed fortunate if we have very much control even over ourselves creatively. In any event, such creative control as any of us possesses is confined strictly and exclusively to self.
Creatively, man has no control over others, no power over others, except the power of attraction; and even then, it is the other person who decides upon and deter mines the degree of attraction. This is a God-bestowed limitation on all men for which we should be forever grateful. I, at least, am pleased that others cannot compel me to accept as eternal verities that which they claim to know. And I am even more pleased that I cannot force my opinions and beliefs upon others. The Power of Attraction The power of attraction is always and forever a sub jective judgment! One may be attractive to none, to a few, to many. Figuratively, others look us over and decide for themselves whether or not we have anything worth their consideration. After all these years of school ing, you fully realize that no teacher is ever self-desig nated. It has always been you who decided what, if any thing, you learned from your teachers. Or, to use a more obvious example, it is the person with the receiving set who does the tuning in-it is never the broadcaster.
Put it this way: I can help you in a material sense only if I have money to lend or give to you, or goods and [176 ] services to exchange with you. I cannot help you ma terially if I am a pauper. Intellectually, I can assist you if I possess understanding not yet yours. The moron can give us no help intellectually. Spiritually, I can be of value to you only if I am in possession of insights which you have not yet experienced. Materially, intellectually, and spiritually, I am limited to what I can do for any other person by what I have to give, by how well I have looked out for myself in these areas. Once we have grasped the idea that the best way to help others is first to look out for ourselves, we should next consider how important it is that we do help others. I would like to emphasize the point that each of us, if self-interest be interpreted accurately, has a vested in terest in the material, intellectual, and spiritual well being of others; that our very existence depends on others.
A Society of Specialists To appreciate the extent of our dependence on others, we need but realize that we are living in the most special ized, the most advanced division-of-Iabor, the most re moved-from-self-subsistence society in all of recorded history. For example, you will discover, as you take up your highly specialized tasks, that someone else will be grow ing, processing, and delivering your food, that someone else will be making your clothing, building your home, providing your transportation, supplying your heat, and [177 ] making available to you most of the new knowledge you acquire. Indeed, you will discover that individuals from all over this earth will be at your service, willingly ex changing their millions of specialties for your own single specialty. You will discover that you will consume in a single day that which you could not possibly produce solely by yourself in thousands of years. You will see about you a release and exchange of creative energies so fabulous that no living man can trace or diagnose the miracle. You will, for instance, pick up the receiver of a telephone, and instantly there will Row to your personal service the creative energies of Alexander Graham Bell of tens of thousands of metallurgists, engineers, scientists, operators, linesmen-a complex of creative energies Row ing through space and time in order that you may talk to your parents or friends in a matter of seconds.
Noone of us can exist without these others. And I repeat, each of us has a vested and vital interest in the creative energies of other people and in the uninhibited exchange of their services, ideas, and insights. We must, if we would intelligently look out for ourselves, see to it as best we can that these others be free of private or political marauders, interventionists, and parasites. Any inhibition to their creative lives is opposed to your and my personal interests, and we err and do not look out for ourselves if we sanction· or fail to oppose such debase ment. And further, it is incumbent upon all of us to rise as far as we can in our own intellectual and spiritual statures so that these others, on whom we ·depend, may find something in turn to draw from us. [178 ] There is another point about this highly specialized society which deserves your reflection. You men and women, highly trained as specialists yourselves, repre sent the cream of this year's crop. Tomorrow, you will enter a society in which there will be millions of special ists, the cream of numerous former crops. I hope you will not emulate so many of them who attend only to their own specialties and little else beyond acquiring wealth and entertainment. Perhaps the most dangerous trend of our times is this: Specialists-the cream of the crop in intellectual and spiritual potentialities-who, by attending only to their diverse specializations, leave to the skim milk of the crop the vital problems of man's proper relationships to man.
Danger of Overspecialization Specialization has its unquestioned blessings. But there is always the danger, which we are now witnessing, of its taking off like spokes from the hub of a wheel, on and on with no regard to boundary or periphery, with each specialist heading into an ever-advancing remote ness, into an atomistic world of his own, always widen ing his distance from others, losing social cohesiveness with society disintegrating as each of us loses integration with others, with communication between specialists becoming more and more impossible, with nearly all specialists "too busy" to read, study, and meditate on the general problems of man's proper relationships to man. When these trends characterize a society, that society [179 ] isn't merely doomed to collapse; it is destined to explode! If you would look out for yourself-and thus for others you will by example and precept do your part in .revers ing such uends.
In order that I be not misunderstood, I repeat that specialization has its unquestioned blessings. Specializa tion, when practiced by whole men, by those who reflect on the meaning of life, by those who have an acquaint ance wit4 the humanities, and in a society where creative energies are uninhibited, is the road to material wealth which can, in turn, lead to intellectual and spiritual wealth. But while specialization is the means to wealth, let us not think of material wealth as an end in itself. Material wealth, like specialization, is only the means to higher ends-intellectual and spiritual wealth. Wealth Can Free Man for Higher Aims It seems to me that if material wealth has any moral purpose at all, it is to free man from the restrictions which are imposed by a subsistence level of living; for when one has to labor in the rice paddies from sunrise to sunset merely to eke out an animal existence, he doesn't stand much chance of evolving and developing those numerous potentialities peculiar to his own person.
But ,vealth is not something to be pursued for wealth's sake or merely for luxuries, or quick retirement, or for shirking the problems of life. Material wealth, morally speaking, is but the means to free us from lower em ployments so that we may labor more industriously at [180 ] higher employments, that we may develop more fully the life of the intellect and of the spirit. Material wealth is but a tool to help us develop our God-given faculties of intellect and spirit. Broadening One's Perspective And now, a word of counsel. The market place is in high-pitched competition for your specialized services, and the emoluments being offered are relatively high. This may make the future look extraordinarily promising to you. And it can be promising if you don:>t become isolated in your own specializations. There are many brilliant but lost specialists in industry today, persons who cannot be promoted into higher positions because of a narrowness in their scope. They lack an interest in the problems of others on whom they depend, and an understanding of the society in which it is their lot to live.
Broadening one:>s scope, continuing one:>s education into other than one:>s own specialty, is not a dismal but a glorious prospect. It can be the very zest of life. Cer tainly, it is a well-known fact that any specialist, be he writer, painter, cook, or engineer, is a better specialist if there be breadth in his understanding, if he be an in tegrated person, if he has balanced judgments as to right and wrong principles in man:>s relationships to man. The deviltry going on in the world today is not pri marily caused by criminals. The truly malevolent persons are too few in number to account for our wars and the [ 181] continuing accumulation of vast armaments between major conflicts. The thoroughly evil persons among us are not numerous enough to account for all the racial and national hatreds and prejudices, for labor violence, for the growing belief that the honest fruits of one's labor no longer belong to the earner, for restrictions on the exchange of goods and services, and for the many other collectivistic inanities and horrors. These things are not the doings of criminals. They originate mostly with the well-intentioned, those who wish to do good to others but who, lacking personal means, thoughtlessly see no harm in employing the police establishments to impose their brand of good on the rest of us, to use the fruits of other persons' labor to satisfy their own charitable in stincts.
God bless you in· your chosen pursuits, but I implore you not to specialize to the exclusion of your role as good citizens. Don't leave us and yourselves to the mercy of political parasites, those who would try to act the part of God, those who would cast us all in their immature little images. If you would effectively look out for yourselves and thus for others, if you would have a society in which your specializations are to have meaning for you and for your fellow men, if you would realize the possibilities in your own individual creations, you will attend to the perfections of that society. And you will best do this by the perfection of yourselves, not only as skilled specialists but also as accomplished expositors of the looking-out for-yourself philosophy. [ 182] GOVERNMENT IN BUSINESS IN THE midst of nationwide prosperity, some economic and social problems keep nagging at the public. All over the country, they take the same form. What are they?
The Freeman 1958, Vol. IV
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