Quote of the Week

This is not just the politics of spite: it is the politics of total bloody stupidity.

- Devil's Kitchen


Tuesday, 31 March 2009

Brilliant

Via OH, I've garnered news of a pro-capitalist anti-statist counter-protest tomorrow - I only wish I could join them.

It's brilliant, in the face of fusty, drug-fuelled, clueless anarchists and anti-capitalists, that someone is standing up for reason, common sense, and sound economics.

The protest group writes:

"The mixed economy has failed. This crisis is the fault of regulation (qua regulation; not just the "wrong kind" of regulation). We do not live in a Laissez-Faire Capitalist system, and it is in the most regulated sectors - the banking and housing sectors - that this crisis has occurred.

A patchwork of various groups are going to descend on London, campaigning for the end of any remnants of Capitalism that we have left. I am proposing simply that we attend as well - but protest against the Statism that got us into this mess, and for a free-market, which is our moral right, and which is the only thing that will get us out of this miss."

What a bunch of DUDE extraordinaires! It's a shame the prize has already gone this month. I love each and every one of them. In two simple, concise paragraphs, they explained the true causes of this crisis.

Furthermore, they have used an Ayn Rand quote on their page which I'd never read before:

"One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary."

Which is our economic crisis, and the government's proposed solutions, in a nutshell - predicted 34 years early. Say hello to my new Quote of the Week.

1 comments:

Mark Wadsworth said...

"it is in the most regulated sectors - the banking and housing sectors - that this crisis has occurred."

Exactly. I've been saying that for years. Highly regulated (restricted supply of land for housing and artificially easy credit to buy it with), but lightly taxed, just to add fuel to the flames.