Thursday, January 01, 2026

Schadenfreude Socialism

We call those the “good old days.” I couldn’t hear the rest of what he said for the sound of so many heads exploding. Is it wrong that I enjoyed that? We’ve been trained to call that “socialism.” Except in the 1950’s we taxed at that level to do things like build the interstate highway system. I went to college in a small, East Texas town that built a hotel for the city because the city needed a hotel. Back in the ‘50’s. The town I grew up in, near that town and built on the wild capitalism of the Texas oilfield, had two banks: People’s, and Citizens. Nobody thought it sounded socialist; although it does. The frigidity of rugged individualism; the warmth of collectivism. We fool ourselves on the former, of course. There is not one rich person in this country who earned it all by her/him-self, without relying on customers, or the federal government, or investors, or all of the above. The veterans of WWII were disgusted by the Hollywood films they came home to, that made it seem like the war was won single-handedly by John Wayne. Vietnam Veterans got Rambo revenge movies. 

Besides:
  And I’ll just drop this in here. I was living in Austin the first time it was supposed to rival Silicon Valley. The term used was actually “Silicon Prairie.” (Which would be West Texas; or Waco, about 100 miles north up I-35. Austin is on the edge of the Hill Country. It ain’t on a prairie.) That was about 40 years ago. Tesla moved in outside of town. Tesla’s future rests wholly on shareholders; not so much on product. And Apple’s not relocating from Cupertino anytime soon. Austin quit waiting for a “Silicon anything” a couple of decades ago.

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