Ron Paul on The Market

Ron Paul was on The Jon Stewart Show last night. It’s a perfect culmination of Foucault’s lectures. Some highlights:

• Paul, on his detractors: “They don’t understand what freedom is about. They don’t understand the market and care about monetary policy…” [Because we are “consumers of freedom” (Foucault 63)…]

• Stewart: “Is our choice authoritarianism and tyranny or sort of a free market that we must trust?” [Too much government or too little government? Paul argues that his libertarianism is the right balance between the two.]

• Paul: “Regulations are much tougher in a free market because you cannot commit fraud, you cannot steal, you cannot hurt people…and the failure has come that government won’t enforce this.” [“Liberalism must produce freedom, but this very act entails the establishment of limitations, controls, forms of coercion, and obligations relying on threats, etcetera” (Foucault 64)]

You can watch the whole interview here:

Part 1: http://www.hulu.com/watch/283080/the-daily-show-with-jon-stewart-ron-paul-part-1

Part 2: http://www.hulu.com/watch/283079/the-daily-show-with-jon-stewart-ron-paul-part-2#s-p1-sr-i1

AND…here is a great write-up of the interview in the L.A. Times: http://latimesblogs.latimes.com/showtracker/2011/09/late-night-ron-paul-talks-to-jon-stewart-about-the-media-free-market.html