Friday, May 29, 2020
Hawai'i Free Press

Current Articles | Archives

Saturday, October 29, 2011
Fundamentals Matter: Capitalism not the Problem
By Dr Ed Gutteling, MD @ 10:23 AM :: 10522 Views :: Hawaii County , Akaka Bill, Energy, Environment, National News, Ethics, World News, Family

Fundamentals Matter: Capitalism not the Problem

by Edward Gutteling, Hawaii Tribune-Herald October 28, 2011 (Reprinted with permission)

I’m writing this on the 44th anniversary of the execution of that poster-boy of “social justice”, Dr. “Che” Guevara, viewing articles of the Occupy Wall Street demonstrators in Hawaii and the mainland. Some proudly wear T-shirts with Che’s image. Many wave slogans, reflecting their fundamental beliefs. That’s where the problem lies, as that matters. Screw up the fundamentals, and badness follows.

There are many signs like “We ARE the 99%” and “Blame Wall Street Greed”. Tea Party and conservatives can support that. But there’s also“Jobs are a Right “, “Capitalism is the Problem“, “People, not Profits”, “Tax the Rich” and even “Eat the Rich”.

They want to mobilize opinion against the institutions at the heart of our current economic problems. They see correctly that some big banks are government protected villains that have mostly avoided punishment, that the financial system’s failures hurt everyone and the poorest the most, and the badness can happen again. They see bleak futures ahead. No hope, no change.

Some understand the fundamentals of how money works: labor is stored as money, pieces of paper in which we trust government to maintain the value of our efforts. Our government has failed at that responsibility, under both GOP and Democratic administrations, repeatedly. Major financial institutions still profit from that mismanagement while the economy tanks, jobs vanish, the value of our labor shrinks, and we are further impoverished. The TEA Party and conservatives agree.

But we don’t see tearing down capitalism as they way to create wealth for everyone.

So what are these protestors’ solutions?

From the Occupy Wall Street website:

  • “Immediate debt forgiveness for all,
  • Guaranteed living wage ($20/hr) regardless of employment.
  • Free college education,
  • Fast track to end the fossil fuel economy
  • One trillion dollars infrastructure spending now,
  • One trillion dollars ecological restoration… ”

They’ll spread the wealth and get that “free stuff”. But they say nothing about making the wealth.

Now we learn and government unions such as SEIU and United Federation of Teachers are supporting the protests, and the DC Tenants Advocacy Coalition paid some non English-speaking Hispanics to demonstrate. Iran's Gen. Jazayeri praised “America’s Spring. The last phase will be the collapse of the Western capitalist system.” When Venezuela President “socialismo o muerte” Hugo Chavez broadcast his support, New York protestors cheered and hoisted a hammer and sickle.

What gives with all that?

My up-the-road Hamakua celebrity neighbor Roseanne Barr, a protest supporter, told Russia Today television’s Keiser Report:

"I first would allow the guilty bankers to pay, you know, the ability to pay back anything over $100 million [of] personal wealth because I believe in a maximum wage of $100 million.” (Roseanne at a mere $80 million safely misses the cut)

“And if they are unable to live on that amount then they should, you know, go to the reeducation camps and if that doesn't help, then being beheaded,"

"I am in favor of the return of the guillotine and that is for the worst of the worst of the guilty.…Because it teaches children, you know,”

No, I’m not making that up.

Dr. Guevara became President of the Cuban national bank, supervised forced redistribution of all private land, personally killed scores of imprisoned “counter revolutionaries”, and enforced codes of permitted behavior. “For all the people”. You know, better than the “99%”. Poverty blossomed, and some protested.

Che said in 1961:

“Youth must refrain from ungrateful questioning of governmental mandates.”

“Instead, they must dedicate themselves to study, work and military service, should learn to think and act as a mass.”

Those who “choose their own path” were “delinquents.”

Che promised “to make individualism disappear from Cuba. It is criminal to think of individuals!”

No, I’m not making that up, either. Replacing capitalism with the tyranny of the state is not the way to “social justice”, nor“sustainability”, and certainly not to wealth.

Conservatives do see the problems, and fundamental principles guide real solutions. Stable money not a politically manipulated facade, free honest markets not state crony-capitalism, limited government and responsible individual sovereignty. Consenting adults should be allowed to commit acts of capitalism in the privacy of their own domains, without the state or the mob butting in. Cherish liberty, thrive and prosper.



Dr. Gutteling is Vice President of the Conservative Forum for Hawaii


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

808 State Update AM940


ACA Signups Hawaii



Alliance Defending Freedom

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii



Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust 

Build More Hawaiian Homes Working Group

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

CSIS Pacific Forum

DAR Hawaii

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii


Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Families for Educational Choice

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Heritage Foundation

HI Coalition Against Legalized Gambling



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube


Hump Day Report

I Vote Hawaii

If Hawaii News

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes


Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii


National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii


OHA Lies

Opt Out Today

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii


Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

School Choice in Hawaii

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Cope

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii