Is it OK to break the law if you are a Tory?

Whitewavemark2

Oh then I bow to what is clearly a greater authority, and have clearly been wasting my time since university.

I wasted my time at university. Most people do.

volver

Did he?

Well that's new.

Evidence?

(Why do I bother asking?)

Google search there are quite a few references
herald Scotland.com
26 September Dominic Ryan
Boldest of budgets
Etc etc

Hope Jenners has not burnt to the ground.

Oh then I bow to what is clearly a greater authority, and have clearly been wasting my time since university.

Whitewavemark2

growstuff

Whitewavemark2

growstuff

No market is 100% free. For example, the UK has laws which place restraints on monopolies.

Yes but they operate in a free market capitalist economy, not an economy that is run by the state.

There is a difference.

Have you read the link I posted?

It's a continuum. The state intervenes all the time in the UK economy.

Yes of course it does. But there is a distinct difference between how the state operates in China and the U.K.

In order to describe this difference an economist would use the terms I have described.

Yes economies around the world are on a continuum from traditional hunting/gathering to entirely free market economics, but it is useful to use various terms to describe where economies are on this continuum.

I don't think any serious economist would describe any economy in such black and white terms. They might describe elements within an economy as "capitalist" or "socialist", but every economy is unique in the way it combines the elements.

Did he?

Well that's new.

Evidence?

(Why do I bother asking?)

I believe most policemen are politically right wing.

volver

en.wikipedia.org/wiki/Tom_Hunter

I quite admire this chap, and his approach to life and business.

Never felt the need for deference towards him though. I don't suppose he'd expect it.

Tom Hunter supported the economic policies of Truss and Kwasi. Shame Hunter could not persuade the Bank of England.

growstuff

Whitewavemark2

growstuff

No market is 100% free. For example, the UK has laws which place restraints on monopolies.

Yes but they operate in a free market capitalist economy, not an economy that is run by the state.

There is a difference.

Have you read the link I posted?

It's a continuum. The state intervenes all the time in the UK economy.

Yes of course it does. But there is a distinct difference between how the state operates in China and the U.K.

In order to describe this difference an economist would use the terms I have described.

Yes economies around the world are on a continuum from traditional hunting/gathering to entirely free market economics, but it is useful to use various terms to describe where economies are on this continuum.

Growstuff my sister in law lived in Peru for many years and she thought it was socialist. The people there are very poor and have little in the way of possessions.

There are elements of socialism and capitalism in all modern economies, including North Korea.

Whitewavemark2

growstuff

No market is 100% free. For example, the UK has laws which place restraints on monopolies.

Yes but they operate in a free market capitalist economy, not an economy that is run by the state.

There is a difference.

Have you read the link I posted?

It's a continuum. The state intervenes all the time in the UK economy.

I originally commented on the description of a mixed economy as a socialist economy. It isn’t it is a capitalist mixed economy.

Those industries that are owned by the state are recognised as unique and necessary for the good of the citizens and the economy. So utilities like water, fuel etc. education and health, defence and law and order are all run by the state, but everything else is privately owned and largely run as a free market, although different governments will have different policies as various points in a states life.

ronib

Growstuff is Peru socialist?

Not as far as I know.

uk.practicallaw.thomsonreuters.com/0-500-7812?transitionType=Default&contextData=(sc.Default)&firstPage=true

growstuff

No market is 100% free. For example, the UK has laws which place restraints on monopolies.

Yes but they operate in a free market capitalist economy, not an economy that is run by the state.

There is a difference.

www.investopedia.com/terms/m/mixed-economic-system.asp#:~:text=Technically%2C%20almost%20every%20country%20can,limited%20number%20of%20private%20markets.

No market is 100% free. For example, the UK has laws which place restraints on monopolies.

growstuff

Katie59

ronib

Fleurpepper I thought socialism had the oligarchs paradoxically

Socialist systems almost all exist for the benefit of the elite, China and Russia are no better examples.

Apart from North Korea, please give an example of a wholly socialist country. China and Russia have mixed economies.

How they differ from a capitalist mixed economy is that the state administers the market. It is not free. So it is not strictly speaking a capitalist economy. There are some businesses that are privately owned, but the majority of businesses are run by the state.

A socialist market economy.

en.wikipedia.org/wiki/Tom_Hunter

I quite admire this chap, and his approach to life and business.

Never felt the need for deference towards him though. I don't suppose he'd expect it.

Growstuff is Peru socialist?

At the moment I don’t admire anyone…. Don’t do deference much.

Katie59

ronib

Fleurpepper I thought socialism had the oligarchs paradoxically

Socialist systems almost all exist for the benefit of the elite, China and Russia are no better examples.

Apart from North Korea, please give an example of a wholly socialist country. China and Russia have mixed economies.

ronib

Fleurpepper I thought socialism had the oligarchs paradoxically

Socialist systems almost all exist for the benefit of the elite, China and Russia are no better examples.

Fleurpepper

And there is the problem ronib. All this nonsense about people who criticise Zawahi and others in the same league being jealous of their wealth. NO, I will admire anyone who builds a great business- if they employees have decent conditions and fair pay, and IF THEIR PAY THEIR TAXES.

I admire those that build useful businesses honestly, that does not include Zahawi and a lot of other Tories.

Fleurpepper

Where on earth did I say that !?!

You mean you don’t want to revise the tax system?

Nobody is suggesting a socialist economy are they?

I think that the majority if asked would opt for the type of mixed capitalist economy, that ensures good public services, and utilities that are run for the good of the system and economy.