Sir David Arculus, a former chairman of the Better Regulation Task Force and author of The Arculus Review: Enabling Enterprise, Encouraging Responsibility which will be published this week as advice on policy to the Conservative party asks for the freedom to abuse, drive the economy to the wall, permit monopolies and exploit labour and the environemnt.
OK, I'm reading just a little between the lines. But it isn't hard to make out the real message.
And for everyone but Sir David it spells bad news becasue it's got one simple pre-text: let's make the rich richer at the expense of everyone else.
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Sounds more like you are making it up rather than reading between the lines!
Your last comment makes two false assumptions:
“lets make the rich richer” – he is actually referring to businesses and regulation – this says nothing about personal wealth. But your false assumption here is that “you” (or I guess you mean the state) can make people richer, when in fact it is something they do for themselves.
“at the expense of everyone else”. This assumption is false because it depends on the idea that this is a zero sum game, which it is not.
I am sure there is valid debate to be had about regulation, and this report is making valid debate. In sniping at it all you do is highlight your own political prejudices, which is a shame as I suspect you do have a contribution to make to this debate.
BTW I am surprised by your stance. Surely a benefit of wealth creation is that it provides something for the government to tax, which seems to be where you come in. Do you really think the current level of regulation and red tape suffered by business is entirely appropriate?
Alastair
So you deny tax systems have redistributive effects?
And you deny that by making businesses owned by a minority better off you indirectly benefit their owners?
Strange.
And yes I do deny what is said about regulation – although of course it has the capcaity to fail
All the evidence is that well regulated societies are the wealthiest. Those that make equality the focus of that regulation are best off of all
Richard
[…] the likely lack of analysis as to the economic benefits that regulation brings) when it arrives – Richard Murphy has already made some educated […]
is it evidence or is it propaganda? I guess if you provide it we can judge for ourselves?
tax is not directly redistributive – that only happens as a result of government doing something with it.
It seems you don’t want to get this, but you can’t make the owners of business better off – they do that themselves. Do you really think that is a bad thing?
Regulation is a complex beast, but the simple point I am trying to make is that there is a debate to be had – why don’t you want to engage with it?
Richard.
Arculus proposes, among other things, that levying taxes should be considered as one alternative tool for regulating industry. See p.19 of the report linked below. While this does not mean he sees eye to eye with you on anything, I think it does show that the report is not quite the libertarian pornography that you make it out to be.
http://www.conservatives.com/~/media/Files/Downloadable%20Files/Arculus_Report_Web.ashx?dl=true