Atilla
Legendary member
- Messages
- 20,859
- Likes
- 4,034
I've never been a high rate tax-payer so I have gained not much at all to speak of from tax threshold changes or tax rate changes: its so minimal it wouldn't buy my vote. But I do believe that my self-interest is best served by a strong UK economy. I don't believe we're going to get that under a Labour government - but maybe there's some historic correlation between the governing party and our GDP etc. statistics to prove I'm wrong. Can you oblige on this?
In more general terms I have a major concern that a Labour government is a precursor to socialism, which logically carries forward to a single-party state, and even the prospect of living under a communist regime. Again, I would be very persuaded by historical examples but all the major socialist / communist regimes that come to mind have dissolved into appalling human rights disasters. Given the track record, I don't want to take the risk of repeating history. Again, can you put up evidence that my view of actual socialist regimes is wrong?
Too much work there but one worth conducting. I can dig and see what comes up.
However, there is leap frogging of parties.
The EU is essentially a mixed socialist economy of sorts and since it's creation the whole of Europe including UK have done well out of it.
You say show me countries doing well but can you show me a pure free market capitalist doing well? If you mention US or UK compare their debt to income ratios and pretty much we are all in the same boat.
Perhaps one shining star is probably China with its economy switching from a command based one to a sort of middle of the road part private part government managed economy. I'd go far as to say not much different to our mixed economy types which is the ideal imho.
Very few countries have a surplus BoP who are earning their way in the World.
It begs the question where is all the money going such that so many people are in debt.
You still don't get or acknowledge that pure capitalism leads to the accumulation of wealth in the hands of the very few. It is not sustainable.
Even business practice if unregulated and unchecked ultimately all game models end up with oligopolistic, cartels or monopoly practices.
In bad times Socialism is better for national economy. In good times Capitalism.
Mixed mode of operation is best imo. We've had this argument on another thread and I don't think much reason will prevail either way.