Mudcat Café message #3628924 The Mudcat Café TM
Thread #154579   Message #3628924
Posted By: Musket
29-May-14 - 12:25 PM
Thread Name: BS: Whither now England?
Subject: RE: BS: Whither now England?
Yeah but Allan. I do have a dog in this race. What do you expect, objective opinion?

You don't ask for much, do you...


The wheel of charity was a phrase from the time. The welfare state replaced that. It remains the same though. Those who contribute expect a say in the level of taxation and what it is spent on.

Your observations echo some of my own to be fair. The problem with capitalism working though is that the boundaries of the state are no boundary for global concerns. You could quite easily say that a company who manages to trade here and pay no tax because they channel their funds to another country are morally sound if that lower tax country uses what tax they get for their social programme. We don't say that though because the state is the limit of socialism whereas the planet is the limit of capitalism.

For regulation to work, you need an international level playing field and this is where this thread came in.......