Free

Caplan argues that while religious fundamentalism is possible--even expected and accepted--market fundamentalism is not: no one, he argues, is a true market fundamentalist. Yet, Caplan's preference--and that of all students of Public Choice--is mark - Article Example

Comments (0) Cite this document
Summary
Caplan supports his argument, ‘while religious fundamentalism is possible, even expected and accepted, market fundamentalism is not: no one, he argues, is a true market fundamentalist’, with several premises which will be highlighted in this paper. These premises are…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.6% of users find it useful
Caplan argues that while religious fundamentalism is possible--even expected and accepted--market fundamentalism is not: no one, he argues, is a true market fundamentalist. Yet, Caplans preference--and that of all students of Public Choice--is mark
Read TextPreview

Extract of sample "Caplan argues that while religious fundamentalism is possible--even expected and accepted--market fundamentalism is not: no one, he argues, is a true market fundamentalist. Yet, Caplan's preference--and that of all students of Public Choice--is mark"

Reflection Paper: Market over Government Caplan supports his argument, ‘while religious fundamentalism is possible, even expected and accepted, market fundamentalism is not: no one, he argues, is a true market fundamentalist’, with several premises which will be highlighted in this paper. These premises are particularly important because they will logically lead the reader to the conclusion on preferences of market over government, as is Caplan’s inclination.
He observes that there is no one true fundamentalist mainly because of the human nature of being egocentric. People, such as the politicians who are delegated in a democratic system, are motivated mainly by self-interest. Therefore the notion that the politicians can allow for a free style system of decision making should be perceived as just an illusion. Illusions endure because illusion is a need for almost all men, a need they feel no less strongly than their material needs (Caplan, 116). Once in policy, the politician will want to gain control over everything, to even suppress the subjects, as opposed to the expectations of a democratic system. However, could people liberate from voting for politicians who are not visionary, then could they have leaders who have their interests at heart.
When people vote under the influence of false beliefs that feel good, democracy persistently delivers bad policies (Caplan 2). The voters are not critical thinker and therefore rely on the opinions of the politicians. Voters are deeply ignorant about politics (Caplan 2). Religious fundamentalism is possible as it is the strategy use by politicians to manipulate voters. Politicians have a strong incentive to do what is popular, but little to competently deliver results (19). The voters go to the ballot blinded by the politician’s beliefs instead of their preferences. Consequently, they give the politicians the mandate to make policies which are otherwise not of significant influence towards development but motivated to pursue personal agenda. Caplan quotes Ronald Coase, “The employee of a corporation who buys something for $10 and sells it for $8 is not likely to do so for long. Someone who, in a family setting, does much the same thing may make his wife and children miserable throughout his life (1).” The masses have never thirsted after truth. They turn aside from evidence that is not to their taste, preferring to deify error, if error seduces them. Whoever can supply them with illusions is easily their master; whoever attempts to destroy their illusions is always their victim (Caplan, 19). This is where the so called politicians take the ultimate advantage over the voters. Breaking away from decision making based on dependent rids the one’s limits to rationality and therefore one is no longer easily misguided.
In conclusion, the two thought can be reconciled through acceptance of people’s own liberation in in the best way through critical thinking as it has been discussed in the paper. I see neither well-functioning democracies nor democracies high jacked by special interests. Instead, I see democracies that fall short because voters get the foolish policies they ask for. Adding one new ingredient to the rational choice stew gives it a starkly different flavor (Caplan, 22). By this new ingredient, he refers basically to critical thinking. He does a very good job in supporting his insights. It is an ideal proponent of any inclination and makes his believable.
Works Cited
Caplan, Bryan D. The Myth of the Rational Voter: Why Democracies Choose Bad Policies. Princeton: Princeton University Press, 2007. Print. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Caplan argues that while religious fundamentalism is possible--even Article”, n.d.)
Caplan argues that while religious fundamentalism is possible--even Article. Retrieved from https://studentshare.org/macro-microeconomics/1669259-caplan-argues-that-while-religious-fundamentalism-is-possible-even-expected-and-accepted-market-fundamentalism-is-not-no-one-he-argues-is-a-true-market-fundamentalist-yet-caplans-preference-and-that-of-all-students-of-public-choice-is-mark
(Caplan Argues That While Religious Fundamentalism Is Possible--Even Article)
Caplan Argues That While Religious Fundamentalism Is Possible--Even Article. https://studentshare.org/macro-microeconomics/1669259-caplan-argues-that-while-religious-fundamentalism-is-possible-even-expected-and-accepted-market-fundamentalism-is-not-no-one-he-argues-is-a-true-market-fundamentalist-yet-caplans-preference-and-that-of-all-students-of-public-choice-is-mark.
“Caplan Argues That While Religious Fundamentalism Is Possible--Even Article”, n.d. https://studentshare.org/macro-microeconomics/1669259-caplan-argues-that-while-religious-fundamentalism-is-possible-even-expected-and-accepted-market-fundamentalism-is-not-no-one-he-argues-is-a-true-market-fundamentalist-yet-caplans-preference-and-that-of-all-students-of-public-choice-is-mark.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Caplan argues that while religious fundamentalism is possible--even expected and accepted--market fundamentalism is not: no one, he argues, is a true market fundamentalist. Yet, Caplan's preference--and that of all students of Public Choice--is mark

Darwinian Fundamentalism

.... The Darwinists who have resorted to this extremity, according to him are, Richard Dawkins and Daniel Dennett. His article Darwinian Fundamentalism is a special reply to Dennett’s book entitled Darwin’s Dangerous Idea. According to Prof. Gould, what is being presented to the public as the “science of religion” would be more accurately described as the “religion of evolution”. It is important to note that Prof. Gould is not the first to criticize the prevalence of fundamentalism in evolutionary biology. Similar criticisms have been made by many other prominent evolutionists such as Prof. Niles Eldredge, who is the curator at the American Museum of Natural History, New York....
10 Pages(2500 words)Term Paper

Neo-Liberalism. How is it Related to Free Market Fundamentalism

...that free markets are able to best allocate resources among citizens. The term fundamentalism has been added by Joseph E. Stiglitz and followed by other critics such J.W. Smith from the Institute of Economic Democracy, to denote the rigidity of belief of proponents of this economic model, in the face of growing evidence against it. Stiglitz, one of the most prominent economists of our time has openly criticized free market theories as being overly simplified, and serving the elite, rather than focusing on the needs of the general populace3. In his book, he vehemently claims that Neo-Liberal policies have been unkind to the housing market...
10 Pages(2500 words)Essay

Religious Fundamentalism

..., as was the case with Ulster Sinhalese and Buddhist Sinhalese. Also, being unique is also a part of Fundamentalism in various religions. This implies that these groups seek unique identities for instance Hijab, skin marks, crosses and other rituals and distinctive practices to distinguish themselves from the group (Fridel 2009). Moreover, for these groups, there is only one truth which is the fundamentals of their religion and everything else according to them is false, including all other religions. Also, a religious book i.e. a Holy book containing the contextual details of their religions is considered as an important source of...
3 Pages(750 words)Essay

Terrorism and Fundamentalism

...Terrorism Fundamentalism Question 1: conditions that must exists for a successful insurgency One of the conditions that would be necessary for a successful insurgency to occur in the US would be massive dissatisfaction by the citizens. If the government remains inattentive to the needs and concerns of the people, it is possible for the tensions to continue building up until they reach a blasting point. According to radical political theory, hopeless people do not involve themselves in the development of a nation or government; they remain apathetic and may not even exercise their rights to vote. However, this hopelessness and apathy can be turned into something that is...
4 Pages(1000 words)Assignment

Apitalism, globalization and fundamentalism

... of capitalism. He discussed how capitalists helped in the economic development of America and how the spirit of capitalism fought its supremacy against a whole world of hostile forces. The increasing fundamentalism in different religions has also been discussed. Fundamentalism is one of the important issues that should be addressed. The writer's work is based on Max Weber's works. Globalization is termed as a worldwide integration of humanity and the compression of both temporal and spatial dimensions of planet wide human interaction. The whole world is changing very fast and every country is in the road of development. Modernization is the present trend and globalization is a part... of it....
3 Pages(750 words)Essay

Religious Fundamentalism

...was described in a tract written by Muhammad al-Farag entitled The Neglected Obligation (1982). In it, he asserted that jihad was really "the sixth pillar of Islam," but had been purposely downplayed by the ulama and thus forgotten by most Muslims (Munson, 2003). All true Muslims are called upon to wage jihad against two enemies: One is nonbelievers, and particularly Westerners, whose influence the Muslim radicals see as responsible for such maladies as Egypt's political corruption, social injustice, and the decline of religion (Bassam 2001). During 1980s-1990s, Islamic fundamentalists organized terrorist attacks around the world in order to attract...
4 Pages(1000 words)Essay

Islamic Fundamentalism

....' Though the exact background of Parvez's coming to Britain is not revealed in the story, we can assume that he was one of the thousands of immigrants to have come to UK from the commonwealth, presumable by obtaining a work permit. Like most immigrants, the dream of a better life, so that his son, Ali, can grow up in privileged circumstances, be a model citizen, and an established person, accepted socially and culturally in Britain. To Parvez, the change that he witnesses in Ali is nothing less than betrayal. His entire attempt to support Ali, with all the essentials and luxuries - good suits, books, computer, guitar, TV - has been his attempts to...
3 Pages(750 words)Book Report/Review

Religious Conflict / Fundamentalism (Hitler's anti-Semitism idea)

... by Hitler, as he blamed them for all the problems that were experienced in the world. As a consequence they were put to severe suffering under Hitler, and thousands of them put to death in an attempt to exterminate the Jews in what the world still remembers as the Holocaust during the days of Hitler. Anti-Semitism was one of the driving forces behind Hitler. Anti-Semitism in Hitler was founded on personal prejudice and political opportunism, rather than on classical Christian anti-Semitism. Rationale: Most of the literature on Hitler and his anti-Semitism attempts to lay the basis of this characteristic in Hitler at the doors of psychological and religious reasons. From a psychological perspective it is blamed on his megalomania... ...
6 Pages(1500 words)Essay

Christian and Bible Fundamentalism

...to suffer. In Christian fundamentalism, such questions are not asked since believers have confidence in the values and doctrines of Christianity, in addition to following the Bible from its literal interpretations. Criticism is not welcome in Christian fundamentalism; therefore, people are expected to follow the Bible in its teachings and the rules that have been recommended to guide the operations of mankind on earth (Tenenbaum 64). Christian and Bible fundamentalists attribute all the problems that are experienced on earth to the wrong actions that people have committed against God as the sole creator. They argue that prophecies in...
10 Pages(2500 words)Essay

Religious Fundamentalism

...of personal freedom. Same was the case many years ago when Muslim girls interested in learning English and going to convent schools in the Indian subcontinent before independence were looked down upon by religious extremists. How might a fundamentalist Muslim interpret Western intentions? How might a Christian fundamentalist interpret Islamic intentions? A fundamentalist Muslim calls for strict implementation of sharia law. He/she also rejects the West and everything that the West has to offer to the East (Schanzer 2002). All western values, like those which are portrayed in the movies, are severely detested. Even if...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Article on topic Caplan argues that while religious fundamentalism is possible--even expected and accepted--market fundamentalism is not: no one, he argues, is a true market fundamentalist. Yet, Caplan's preference--and that of all students of Public Choice--is mark for FREE!

Contact Us