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October 24, 2008
Socialist asset grab?
One of the BBC Chatrooms is currently running a discussion forum which seems to be being led by smeone who is a form believer in communist central planned economics. Having read this idiots ranting, I'm afraid I failed to join the discussion - one which seems to be a revival meeting of the Socialist Workers/British Communist Party. All the usual arguments are being trotted out for tighter regulation, state control of wealth, industry, commerce and the distribution of jobs, benefits, wealth, education and everything else. It seems that there is always someone who believes that the unworkable socialist/communist system of "command economics" can be made to work and will, somehow, ensure a fairer political and economic system.
I can recall discussions when I was a lot younger, which centred on the idea of everyone being paid the same rate no matter what the role. I always seemed to be the one who pricked the bubble - by simply pointing out that there was no way I would accept responsibility for managing a factory if I was paid the same wage as the man who swept the floors. Inevitably I was always branded as "reactionary" and "weddedto an outdated and unfair system." Maybe, or maybe I was just being pragmatic.
Yes, the greedy MBA toting wide boys who have infested the Financial Trading Halls and the Boardrooms of once great and responsible companies have played fast a loose with the assets of their shareholders and investors. Yes, they deserve to be taken to task and, if appropriate, relieved of their lucrative positions, but not to be replaced by even more incompetent Civil Servants and politicians whose MBA's are from the same universities and the only difference between them is that the Civil Servants, in the former Soviet Union labelled the "Nomenclatura", are not sufficiently entrepenuerial to run a company. Take a look at their track record and how they have ruined almost every public service and preside over the wastage of vast amounts of public money annually. What makes anyone think this shower could possibly manage the instruments of wealth creation any better than the wide boys currently ruining it? As for their ability to distribute it more fairly? You have to be joking - they are no different from the idiots who have ruined the banks and will look after their own interests at every turn. The only beneficiaries under any socialist/communist economy is the Party Apparatchiks and the Nomenclatura themselves. And look what they managed to do to every economy they have ever managed.
We need to ensure that our socialist politicians do not make this recession the excuse to seize our assets and appropriate to themselves and those who have done nothing to earn it, what does not belong to them or to their sycophants. Already the Chancellor has nationalised three of the biggest banks, we should be alarmed by this - and those who continue to try to capitalise on the current difficulty should be cautious - lest they play directly into the hands of the asset grabbers.
Posted by The Gray Monk at October 24, 2008 06:24 PM
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