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Tag Archives: Economic Policy

State capitalism vs socialism vs communism

On an online exchange, a lefty illustrated the distinctions between those three concepts as such:State capitalism – private ownership with significant govt intervention.Socialism – democratic ownership of production.Communism – stateless, moneyless, classless society. Boiling it down to fundamentals, here are the distinctions according to their definitions:State capitalism – state? yes; private ownership? yesSocialism – state? …

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Celebrating Britain’s Jobs Boom

Statistics can often come across as dull, but when it comes to discussing the British job market in recent years, it is unavoidable not to use them. 3.8 million jobs created since 2010. Unemployment fallen from 8% to 4% (lowest since 1975). A record 32.5 million people in work. 750,000 …

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Cut taxes and increase capital investment to boost growth!

Cut corporate tax to 12.5% Slash income tax to 15% and 28% Fully transferable personal allowance £250bn investment over 10 years on infrastructure  Bank of England should adopt NGDP targeting The economy is in pretty good shape, ever since coming into office in 2010 the Tories have increased employment to …

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Labour’s Cynical, Disingenuous National Debt Hysteria

Pot, meet kettle You’ve probably already seen them countless times over the course of this general election campaign – the smug, sanctimonious internet memes bandied about by Labour supporters and other left-wing activists excoriating the Conservatives for having presided over a massive increase in the national debt since taking office in …

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