With the kind of self regard that only a politician could muster Ed Miliband has claimed in an Interview with the Guardian to be, “the guy that said the rules of capitalism as played in the last 30 years have got to change”: Rules? What rules Ed?
Capitalism is not a religion, way of life or “world view” that makes moral judgements or prescriptions; ironically that is its great virtue. To be a “capitalist” one must simply recognize the fact that the employment of capital, rather than slaves for example, has been the proximate cause of rising living standards throughout the world (including the “third world”) for decades, and in some cases centuries. To call for a change in the rules of capitalism is patently ridiculous because dirigiste rule making by governments is, by definition, anti-capitalist.
Britain’s continuing slide in terms of relative wealth since the Second World War is because we have become less capitalist, not more. In China, where centuries of dictatorial centralisation prevented much more than subsistence farming to take place, the granting of some economic freedom has given rise to an unprecedented improvement in the conditions of the common man.
Those who pander to the ranks of Luddite, soft-Leftists who would beggar the Nation with their ill-conceived, dogmatic notions of “social justice” should not be taken seriously. Successful societies are built from the bottom up, through trade and specialisation, not by economically illiterate, moralistic ideologues like the Mandarin Ed Miliband.