«
»

Capitalism’s the cure

Samizdata have a post about the apparent abandonment of Conservative (read: capitalist) principles over foreign aid and domestic taxation.

I believe that capitalism is the way to solve the world’s ills, but not by having capitalism here and then shipping the proceeds abroad, as Cameron suggested. Rather we need capitalism in India (rather than the socialism that appears to be growing there) and then there will be no need for so-called ‘aid’.

It was interesting on Radio 4’s Beyond Belief yesterday that all the commentators were in agreement — the solution to the Third World’s perpetual poverty is capitalism.

Let’s hope Cameron realises that that’s the solution to our nation’s problems too.



Like this entry? Share it with others:
Facebook |  | Delicious |   |  | 

, , , , , ,

This entry was posted on Tuesday, September 26th, 2006 at 4:20 pm and is filed under Gavin Ayling's blog. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

  1. #1 by james on September 27th, 2006 - 9:15 am

    ..Rather we need capitalism in India (rather than the socialism that appears to be growing there) and then there will be no need for so-called ‘aid’…

    Top-heavy socialism at that. More like state capitalism.

    Cllr, why don’t you provide an e-mail? Then I could tell you that there’s a little piece on Tim Worstall now up.

  2. #2 by Gav on September 27th, 2006 - 10:54 am

    There’s an e-mail address under About Me on the right. I’ll take a look.

  3. #3 by David B. Wildgoose on September 29th, 2006 - 10:25 am

    Just to be mischievous I can’t help pointing out that in the nineteenth Century the Conservative Party was mercantilist and it was the Liberal Party which believed in Free Trade, (which Karl Marx derided as “capitalism”).

    Of course that was in the days when we actually had a Liberal Party worthy of the name, but seeing as the Liberal Unionists merged with the Conservative Party (and hence the Conservative Party gaining “Unionist” in its title), it is the Conservative Party that has appears to have inherited that strand of political thought.

  4. #4 by Gav on September 29th, 2006 - 11:26 am

    I think it’s fair to say that mercantilist thinking finished everywhere in the world a good while ago (except in the minds of some of my relatives who will remain nameless!)

  1. No trackbacks yet.

Comments are closed.


SetPageWidth