Showing posts with label Free Trade. Show all posts
Showing posts with label Free Trade. Show all posts

Sunday, December 14, 2014

Quarter Share

I've been reading a lot of SF lately. And this has included a lot of Libertarian military SF where aliens and space marines are duking it out in huge battles and such. And since it is Libertarian the villains are often as not venal guys such as you'll find inside the beltway running the Democrat and GOP parties.

If you haven't read Ayn Rand's Atlas Shrugged, you're unfamiliar with the pattern of political manipulators fighting against hard working businessmen who are just trying to create wealth. On the other hand, if you're breathing the typical cultursmog, you are quite familiar with the recurring trope of greedy corporations plotting to poison/kill/cheat their customers.

On the other hand, Quarter Share does none of the above. There's math in this space opera. And that makes it far more subversively libertarian than anything Ayn Rand ever preached.

Math? Subversive?

The story starts with the hero, Ishmael Horatio Wang. Yes, the hero has a name that's evocative of both Melville and C. S. Forester. I was almost put off by this, but I'm glad I didn't. The author lampshades this. Every time he introduces himself he says, "Call me Ishmael," and whoever he's talking to rolls his or her eyes. But the allusion to familiar sea stories should give you a good idea of the arc of this series of stories.

Quarter Share starts off with an 18 year old Ishmael suffering the accidental death of his mother. Since he lives on a "company planet" and he has no job, he is forced to leave. Instead of preaching about corporate evils, the author Nathan Lowell simply shows the company acting as if all it cares about is the bottom line. And this forces our young protagonist out of his mother's apartment and onto an interstellar freighter.

Since he has no training or connections, he starts out, like Midshipman Mr. Hornblower, at the bottom of pecking order. Things start out well for young Mr. Wang, because he knows how to make coffee and he shows initiative in the ships mess. He proceeds to work hard and shows a willingness to do the dirty jobs others wouldn't like.

He also has a tendency to think non-linearly and sees unexpected opportunities for trade. As a crewman, he can use his limited wages and limited mass allotment to make a few bucks on the side. His buddy, another quarter-share crewman happens to have the ability to sense what's abundant on the current planet they're visiting and what's rare on the next planet. Between the two of them they start making money on bigger and bigger deals. Before the book is done, the senior officers on the ship take notice.

One of the things you can see if you ignore Ayn Rand's preaching is that people in business are often pleasant to deal with, they make friends with their customers and vendors, and enjoy doing business with their friends. It is enjoyable to set up a trade where both parties come away better than they were beforehand. The process of dickering and haggling over price often seems like a negative sum game, but only if you're short-sighted. When you look at the larger picture, both parties are enriched when a trade can be negotiated.

Free trade creates wealth.

Quarter Share can be a little bit math heavy as Ish and Pip work out, say, the relative merits of shipping gemstones versus mushrooms. And that's not a problem. If you're going to succeed in life, you've got to be sharp enough to recognize a profitable opportunity when it presents itself. Or ways to make something valuable out of something nobody wants.

I highly recommend Quarter Share. Five stars.

Sunday, March 24, 2013

Those Mills Closed Decades Ago

After grousing about Thunder In The East, which I hated, I thought it might serve as counterpoint to describe an old movie I liked: The Man In The White Suit illustrates a similar principle.

The original Obi Wan Kenobi was played by Alek Guinness, who was quite a handsome young buck back in the early 1950s. He starred in a humorous parody as a rather naive young chemical engineer working in for a major textile manufacturer as a laborer.

First off, because he's just a laborer, he can't get anyone in charge to pay attention to him and he has to do his research on the down-low. He has in mind to invent a new synthetic fabric that has a number of desirable attributes: it does not wear out, it rejects dirt, and it does whatever other Good Things you'd like to find in a miracle fabric.

His experiments pan out, he gets management support, and he has a tailor make a suit of the miracle fabric. Since the fabric rejects all dyes, it is a white suit. A very white, glowing suit.

Trouble starts when the union members at the mill discover that this nice young man has invented this fabric that will never wear out and they expect that after one production run of this miracle stuff, management will close down the plant. And think of the launderers who'll be idled if clothes never get dirty.

Since this movie was made in the 1950s when labor unions held great sway in Britain, this is a major consideration.

Trouble escalates when the other mill owners catch wise of this invention, and they realize they will not be able to stay in the textile business if this invention gets out. They conspire with Alek Guinness's boss to suppress the invention.

This leaves Alek Guinness with a wonderful boon to mankind that has both management and labor  in cahoots to suppress. He's kidnapped, held captive, and escapes. Only to be chased through the darkened streets of the mill town in his glowing white suit. Hilarity ensues.

Now comes the irony. All of those mills were shuttered a generation ago. They were all idled as the labor unions predicted, and the mill owners' capital investments in factories and machinery were rendered just as useless. In the story, Alek Guinness's invention does not pan out and everyone goes back to business as usual.

In reality, the entire story is a funny anachronism because free trade has done more to toss unionists out of jobs and shutter factories than anything imagined of Alek Guinness's invention.


Yet, has the world ended? Hardly.

Pretty much everyone on the planet enjoys a much better standard of living than they did in the 1950s. New technologies and free trade disrupts markets and they force everyone to adapt to new ways of doing business, but in the end the consumer gets better stuff cheaper.


Those more worthy than I: