For other types of media
  •  
  •  
  •  
  •  
  •  
  •  
 
By Messianic Trees
Membership Days Posts
#344599
There is sadly mass support for nationalisation and price controls
SLOWLY but surely, the public is turning its back on the free market economy and reembracing an atavistic version of socialism which, if implemented, would end in tears ... Supporters of a market economy have a very big problem. Unless they address the concerns of the public, they will be annihilated.
 
By youngian
Membership Days Posts
#344600
Nothing in there to threaten a market economy and are a list of practices common throughout the capitalist world. But there can never be enough money or assets to grab for class warriors like Allister Heath.
Last edited by youngian on Wed Nov 06, 2013 10:10 pm, edited 1 time in total.
By new puritan
Membership Days Posts
#344748
Priceless wailing and gnashing of teeth in that article. What was it Thatcher used to say - "the object is to change the soul"? There was never mass support for most of the privatisations in the first place and there still isn't.
By new puritan
Membership Days Posts
#344866
Great response to Heath's turbo-Thatcherite bullshit from Michael Roberts.

http://thenextrecession.wordpress.com/2 ... inking-of/" onclick="window.open(this.href);return false;
 
By Tubby Isaacs
Membership Days Posts
#344867
new puritan wrote:Priceless wailing and gnashing of teeth in that article. What was it Thatcher used to say - "the object is to change the soul"? There was never mass support for most of the privatisations in the first place and there still isn't.
Indeed. A point made Douglas Carwell, among others. Shame then that this "direct democracy" supporter doesn't vote along those lines on this issue.
By new puritan
Membership Days Posts
#348077
This bloke is just hilarious.
The simple, tragic truth is that our political elites, with a handful of courageous exceptions, have turned decisively against the market economy, embracing instead an interventionist orthodoxy reminiscent of a bygone era.

The shift is most noticeable in four key areas: a growing belief in price and wage controls across the political spectrum; a renewed faith in industrial policy; a decline in respect for property rights; and a growing tolerance for higher inflation.

It is a historic mistake – nothing less, in fact, than a new Butskellism, a return to the failed consensual approaches of the 1950s to the 1970s, exemplified by Tory chancellor Rab Butler and Labour’s Hugh Gaitskell, albeit in a modern, updated guise, influenced by a flawed analysis of the financial crisis.
http://www.telegraph.co.uk/finance/comm ... onomy.html" onclick="window.open(this.href);return false;

What can you say about stuff like this? Completely detached.
 
By youngian
Membership Days Posts
#348080
Christ on a bendy bus
Take price controls. The Tories have now adopted Labour’s policy to cap payday loan rates (even though some financially troubled folk will now be pushed into the arms of illegal loan sharks); they support limits on pension fees (which were not the best way to tackle the problem); they are seeking to buck the market by lowering the cost of risky mortgage loans through funding for lending and Help to Buy (which will take house prices to dangerously unsustainable levels); they want the Bank of England to fix interest rates at an excessively cheap rate for as long as possible (at the risk of causing bubbles and keeping productivity-destroying zombie firms alive); they back a tax on plastic bags (hitting the poor hardest and promoting the re-use of unhygienic, dirty bags); and they support drastic interventions in pay contracts in boardroom and trading floor alike (which in some cases will actually make the financial system riskier).
He appears to have omitted the most audacious piece of state intervention in the past few years; the nationalisation of banking debt.
By Andy McDandy
Membership Days Membership Days Posts
#348106
They legal sharks can only be so generous if they offer the loans at 5000%. Those endless adverts on Channel 5 don't pay for themselves, you know. Or something like that.

His entire worldview is essentially "Fuck 'em as long as I get my Porsche, docklands flat and bonus", isn't it?
 
By youngian
Membership Days Posts
#348110
Outfits like Wonga are not financed by backstreet spivs but established City investors (Heath's mates) like Dawn Capital http://www.dawncapital.co.uk/#dc-aboutus" onclick="window.open(this.href);return false;

The Chairman is odious Tory cockroach Adrian Beecroft
Among Beecroft's known personal investments are Gnodal, a computer networking company, and Wonga.com, a high interest loan company.
Beecroft has dontated more than £500,000 to the Conservative Party since 2006
http://en.wikipedia.org/wiki/Adrian_Beecroft" onclick="window.open(this.href);return false;
By Big Rob
#348586
new puritan wrote:
http://www.telegraph.co.uk/finance/comm ... onomy.html" onclick="window.open(this.href);return false;

What can you say about stuff like this? Completely detached.
A truly awful piece of work. A load of soundbites with nothing to back up his claims.

I am surprised he managed to type that in between sucking all of those rich men's cocks.

Is Wolverine butchering secret service guys while […]

Labour MPs I'd like to hit with a haddock

Mrs A reckons that Mann is the Labour equivalent o[…]

Jeremy Corbyn.

No deal is what happens if nothing happens. So it&[…]

The Sun

Hamm's off PHILIP Hammond’s threat to qui[…]