So, basically you took the risk and invested your money in a free market economy and you have done very nicely. If Corbyn and the Socialists had their way everyone would be in a council house owned by the state, a doctor would be no better off than a dosser and anyone who starts their own business and makes it a success would get no reward for their efforts. Well done with the house, I like it when people succeed unlike the left who will despise you for it. And I am still waiting for BT to come back and tell me about all the countries in the World where Socialism is a roaring success, the silence is deafening.
Over simplification does not work for me. We need to be able to incorporate "Cradle to grave socialism" (like they do in Sweden) yet allow the free market to flourish.
We then have the best of both worlds, the provision of a framework to allow individual entrepreneurialism to flourish, allied to the state provision of a safety net that catches society's most vulnerable.
What I cannot tolerate are the fat cats like Philip Green, the Russian oligarchs, our own Royal Family who are being allowed to cream off obscene amounts of money while hundreds of millions of people across the globe are quite literally starving to death.
A lot of us on here are from an age which allowed us to buy property cheap and sell high (Alf's a fine example) but what about the poor buggers who cannot even get a rung on the property ladder and social housing is really their only option?
The system is broke and it needs fixing. Frankly I don't think the Tory political ethos is capable, at least Corbyn's Labour Party would probably balance it a tad in favour of the "have not's".
The tragedy for me is Blair's "Third Way" would in all probability have resolved our underlying problems, it's just that the man had the personal integrity of a rattlesnake and could not carry it forward.
The only thing that is keeping the UK economy above water is the housing bubble.The housing market in the UK is one big Ponzi scheme and when the bubble bursts-which inevitably it will when interest rates rise,then everybody will realise that they are not really so wealthy.They will realise they have been ploughing all their hard earned wages into a Ponzi scheme.
When interest rates rise there will be multiple mortgage defaults which will lead to a house price crash and negative equity.The politicians working with and for the banks will do everything to keep the Ponzi scheme going such as help to buy schemes.
The other massive problem associated with uber capitalism is also coming to a head.In order for any modern economic model to work there needs to be a minimum of 3 working people paying in order to support one retired person-anything less and the system and the economy is doomed.The retiring age therefore has to be raised as people are living longer which we can see happening all the time in the so called modern economies.This is why governments are encouraging immigration in a desperate attempt to balance the books.
This economic model based on uber capitalism is doomed to failure-it is just a matter of when not if.
Last edited by ClaretinBudapest; 21-10-2017 at 08:04 AM.
Pretty much how I see it CiB.
Nope, I am and never will be any kind of Socialist, but I will look after my close family like anyone should. Just FYI re the free movement of people and the Labour party. Over here it is Labour who are run by the horse toothed Ardern who are all for stopping immigration and any foreign investment in NZ.
As for returning, I am looking forwards to seeing Burnley play in the PL, last time I saw them I was on was Wembley 2009 so there is a bright side.
I'm curious, and it's topical in the light of Bexit, how do these Socialist countries manage their immigration problem ? I am assuming they must have one as ordinary people suffering under the Capital yoke worldwide must be fleeing to these four Socialist paradises in their millions. How do they cope, do they have an Australian points based system as advocated by UKIP, or do they just put a fence up as some Eastern European countries are now doing in despair ? There must be lessons to be learnt for our government here, with our exit from the EU getting ever closer, I think we should be told.