Capitalism is multinational and it runs governments. Governments do not run capitalism. They are expected to facilitate capitalist economic, social and cultural environments. A glance at the size of capitalist multinational institutions in comparison with nation states should make this clear even to the deluded.
The Brown regime has not quite grasped this. Brown himself boasted of 'his' £500bn "stability and restructuring programme... We've led the world.. by saying we will help rebuild the banking system. Round the world now, other countries are looking at what we are doing."
And they are marvelling at the depth and extent of delusional behaviour being permitted publicly to the Leader and his party faction by a country that usually takes itself quite seriously and expects others to do so too. United Kingdom banks are refusing taxpayer dilution of their authority and their profits even as Labour MPs bay their tribal shibboleths at embarrassed Conservatives offering assistance back into the real world and its requirements.
'What it takes', Brown, is understanding of the role of government and states in a capitalist environment, it takes a natural commitment to capitalism and markets and choice. We do not need a cack-handed grab at part of the capitalist system in the name of a debunked economic and social order. We need a government and party that will whole-heartedly facilitate the recovery of financial and economic well being, and has the understanding and the skills to do it.
Friday, 10 October 2008
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2 comments:
Which brings me back to my theme of Diversity, Dispersion and Disconnection. We have been caught up in Sauron's centralising plans.
At a jolly lunch recently oil people were saying the reason Lehmans were left to fail was to punish them for driving the oil price boom benfitting themselves, Arabs and Russians when the US government wanted cheap oil and no goodies to the Arabs and Russians.
Which only goes to show that capitalism is served by government and if government tries to reverse the relationship we get disaster. At the very least 'one hand washes the other' as they say around here.
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