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hezzabell · 07-02-2011, 10:33

Ah yes, but i did say "potential" ramification.

It is intersting that you have decided to label me as "socialist". I don't believe i mentioned any political preference, and indeed, if you check my post you will see that i am equally critical of all parties.
The crux of the matter is that the economy is subject to continual readjustments according to the political perversities of whoever is in charge at the time and yet capitalism exists to a large extent outside the capabilities of politicians. This is fundamentalist capitalism.
As to the vexing question of taxation - nobody likes paying taxes but if your taxes are funding sociaty as a whole then we all benefit, when your taxes are subsidising capitalism then only the few benefit.

07-02-2011, 10:33	#73
hezzabell Inactive Join Date: Jan 2011 Posts: 18	Re: 'Shock' Contraction in the UK economy Ah yes, but i did say "potential" ramification. It is intersting that you have decided to label me as "socialist". I don't believe i mentioned any political preference, and indeed, if you check my post you will see that i am equally critical of all parties. The crux of the matter is that the economy is subject to continual readjustments according to the political perversities of whoever is in charge at the time and yet capitalism exists to a large extent outside the capabilities of politicians. This is fundamentalist capitalism. As to the vexing question of taxation - nobody likes paying taxes but if your taxes are funding sociaty as a whole then we all benefit, when your taxes are subsidising capitalism then only the few benefit.