Tax Research UK » I can imagine a form of capitalism I could live with

A quickie from Richard Murphy on capitalism:

Yes, I can.

But it would distinguish the return to enterprise from that to capital. And it would restrict the abuse of rentiers. And it would be based on transparency and full taxation of the externalities that an activity imposes on society, including those that limited liability creates for others.

 I definitely have a problem with some forms [of] capitalism. In fact, I have problems with pretty much every form tried to date and most especially the neo-feudal form that outsources risk to the state whilst capturing reward for the few that is now in vogue.

So I can imagine a capitalism I could live with. But it sure as heck is not this one.

Source: Tax Research UK » I can imagine a form of capitalism I could live with

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

If you have enjoyed this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Buy Vox Political books so we can continue
fighting for the facts.

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook

Related posts

One Thought to “Tax Research UK » I can imagine a form of capitalism I could live with”

  1. Tweeted @melissacade68

Comments are closed.

%d bloggers like this:

By continuing to use the site, you agree to the use of cookies. This includes scrolling or continued navigation. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close