This article, by Andrew Lilico, is so good it should be a mandatory read for any school pupil studying economics, philosophy, history, politics, sociology, psychology, the lot. It cuts to the very heart of nearly all political debate and manoeuvring in the UK (and elsewhere).
It’s not a long piece, and I’ve just pinched the first couple of paragraphs for an accurate taste of Lilico’s clear-sighted argument:
It appears to be all the rage to have opinions about how wealth is distributed, debating for example whether billionaires should ‘get to keep’ their money. I consider that impertinent, offensive and sinister.
Your wealth (and note carefully that I am discussing wealth, not income here – the issues with income are slightly different) is your property. Property is private. Your house, your car, your TV, your share portfolio – they are yours, just as much as your hair or your intelligence or your skill at tennis are yours. Suppose someone said: “I believe the distribution of hair is unfair, so we are going to take some of your hair away.’ You would think that a monstrous violation of your personal liberty, of your privacy. But would it really be any different if someone said: ‘The distribution of toys is unfair, so we are taking some of your children’s toys away’ or ‘The distribution of televisions is unfair, so we are confiscating yours’?
This is not really party political, as they all get this fundamental issue wrong at times, but clearly Ed Miliband’s entire economic policy, if you can call it that, is based on taking other people’s wealth, and the Lib Dem’s ludicrous ‘mansion tax’ is another fine example.
Where do we get these people from?