We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
Got that? Britain is a successful multi-ethnic, multi-faith country, and the government has to show it has a plan to address people’s concerns and provide opportunties for everyone to flourish. And, er, there is a link between concerns people have about (checks notes) ‘where the government is acting on their behalf and on their interests with a range of factors’.
You have to laugh, even through the tears: these are the people who are in charge. Britain is a successful country? And this government has a…plan? But the important point to emphasise here is that Rayner, and the people around her, are simply constitutionally incapable of recognising the problem itself, or the solution. They actually think that ‘immigration and the impacts on local communities and public services’ is just one of a ‘range of factors’ destabilising society, alongside ‘economic insecurity, the rapid pace of de-industrialisation, technological change and the amount of time people were spending alone online, and declining trust in institutions’. And they actually think that the remedy for this is just ‘investment’ in ‘deprived areas’ so as to allow people to ‘flourish’.
British readers are familiar with this mindset: typically what it means is that money gets funnelled into regeneration schemes that kit out otherwise forgotten places like Newport, Dundee or Middlesborough with nice new shopping precincts and art galleries nobody visits. The idea, more or less, is that opposition to uncontrolled immigration is really just a feature of economic insecurity and, perhaps, a lack of civic pride. And if government can therefore just press the ‘grow’ button a bit harder, people will feel better off and pride will re-emerge, and our ‘successful multi-ethnic, multi-faith country’ will simply become more successful yet.
The result of [Argentina’s] shock therapy has been a stunning recovery. Milei has brought monthly inflation down from 13 percent to 2 percent. The economy is now growing at an annual rate of 7 percent. Investors no longer shun Argentine bonds and stocks—indeed, they were among the best investments you could have made over the past two years. After a brief upward jump, the poverty rate has fallen from 42 percent, when Milei was elected, to 31 percent. There is much work still to be done, but a new program from the IMF will provide $12 billion of new lending upfront and potentially another $2 billion, which should enable Milei to remove the remaining capital and exchange controls without reigniting inflation.
Most governments that cut their fiscal deficit by five percentage points of GDP pay a heavy political price for the resulting pain. Margaret Thatcher took nearly all her years in office to get the British public sector borrowing requirement down from 4.5 percent of GDP when she was elected in 1979 to −1.1 percent 10 years later.
You can gatekeep in Europe
You can gatekeep in the United States
You can gatekeep in every single economy of the West
But you absolutely cannot gatekeep in China, for there are no tools at all, that would allow you to do that
Like what would you even do to restrict the new entrees?
Intellectual property? lmao
Some other lawfare? Again, just like the enforcement of intellectual property rights, that would ultimately rely upon the cooperation of state, and the state in China – unlike in the West – just would not cooperate.
High profit margins in the West are ultimately based upon the artificial restraints upon the new entrees, and upon the state-sponsored gatekeeping. You keep your prices high, because any new entree on the market will be scared away by the force of the state machine. And in China, the state machine just wouldn’t do that. That is why Chinese competition is getting so close to perfect, and that is why prices (and profits margins) in China, can be getting so low.
Just as Gorbachev’s failed reforms accelerated processes which “encouraged many Russians to redefine the Soviet territory as alien and to identify the Russian territory as their homeland,” we see a similar process on the rapidly evolving British Right in distinguishing between the Britain of recent memory and its UK replacement. When even Tory grandees such as Lord Frost borrow the disparaging term “Yookay” from the internet Right to disparage what he defines as Blair’s “new country, an actual successor state to the old Great Britain [but] distinct from it”, we see a similar, explicit distinction being made as that between Russia and the USSR. The counterpoint to Blair’s UK, or YooKay — the two are, now, more or less interchangeable — is, as Frost observes, simply Britain.
Whether you welcome this development or fear it, British politics in its current tumultuous form, with all its increasingly radicalised and existential debates on immigration and demographics, on its history, social housing and the welfare state, and on the nature and boundaries of Britishness or Englishness, is inexplicable without accepting that the country has now entered this phase of political development.
To achieve a similar transition today would require us to introduce ways to help people acquire property. Most UK people are much richer than the statistics tell us. That is because they typically do not include the right to free healthcare, to free education for their children, and to the right to receive a state pension upon retirement. These are wealth, but they are not property, in that they cannot be alienated, given away or bequeathed to heirs. They die with the person.
The pathway to a property-owning democracy lies along two parallel routes: access to home ownership and to an investment portfolio. Both of these are property that belongs to the owner, and can be passed on to heirs and successors.
Home ownership can be made more accessible by a massive increase in the supply of housing. This means we have to streamline and liberalize planning laws, particularly in high-demand areas like London and the South East. We must simplify the process for obtaining planning permission and reduce local opposition barriers. The Town and Country Planning Act has passed its sell-by date.
Alfred Marshall’s grand vision of economics was that you did the maths to check your logic. Then you translated all of that into English and burnt the maths. Steve Keen won’t do it that way for of course Marshall was a neoclassical and that’s just wrong, see?
Keen did once try to insist that I followed along with one of his papers – he was showing that there are no free markets, there are only oligopolies and therefore everything must be controlled by politics – and was most put out when I said well, yes, that’s mathematically true but useless.
For his contention was that as we’ve never got an infinite number of producers (nor consumers) therefore that model of free markets – which relies upon no individual producer or consumer having pricing power, which in itself implies an infinite number – therefore neoclassical economics was all wet. His maths was fine for that’s all true too. Except for the bit where if we analyse markets which we know are oligopolistic and then see how many producers we need for them not to be then the number seems to be about 5 or 6. True, true, 7 supermarkets doesn’t mean a wholly perfectly free market with profits no higher than the cost of capital but it’s pretty damn close. Close enough for either jazz or the economics of public policy.
The maths is for working through the logic not a replacement for it.
Farage wants healthcare more like France, Netherlands or Switzerland, which all have a varying degree of insurance element. NHS was always a terrible way to do healthcare, which is why rest of Europe didn’t copy it
So, is it not ironic Reform party are open to at least exploring that kind of system, whereas the supposedly pro-European anti-Brexiteer elements who most depreciate Farage get the vapours at the notion of a more European healthcare system for the UK? 🤣
“As we stand here today, closer to the brink of nuclear annihilation than ever before, political elite warmongers are carelessly fomenting fear and tension between nuclear powers. Perhaps it is because they are confident that they will have access to nuclear shelters for themselves and for their families that regular people won’t have access to. So, it’s up to us, the people, to speak up and demand an end to this madness.”
-Tulsi Gabbard, Director of National Intelligence
Who are these “political elite warmongers” that are “carelessly fomenting fear and tension between nuclear powers”? You know how it is. Rich people just love wiping out civilization. It is what rich people live for. And that is why we need socialism, so we can eat the rich and be done with them!
But seriously, Tulsi Gabbard is a demagogue ready to blame nuclear war on some imaginary bunch of rich people, appealing to envy and resentment. Meanwhile, our domestic socialists are ready to burn the country down because they had their heads filled with Marxist sewage in school. What idiot believes that elite Americans are threatening the world with nuclear war? But then, Tulsi Gabbard is part of the political elite, and she most certainly has a bomb shelter. Or did I miss something?
But wait! Tulsi Gabbard is also America’s Director of National Intelligence. Does her rhetoric belong to America and NATO, or does it belong to the socialist camp? What on earth just came out of her mouth?
P.S. Before sharing this article with your friends and family, please be aware that the Government’s Prevent anti-radicalisation programme has recently declared that concern about mass immigration is “terrorist ideology”. A Prevent training course hosted on the Government’s website lists “cultural nationalism” as something that could cause you to be referred for deradicalisation.
Prevent, you’ll remember, is the programme to which the Southport murderer Axel Rudakubana was repeatedly referred from as young as 13. He went on to stab a number of children and adults, 3 of whom died.
Usman Khan, the terrorist who committed the London Bridge attack in 2019, was under Prevent monitoring when he carried out his attack in the middle of a prisoner rehabilitation event for which he had travelled to London. Prevent officers tasked with monitoring him had “no specific training” in dealing with terrorists.
According to the Prevent training guidance, if you believe that “Western culture is under threat from mass migration and a lack of integration by certain ethnic and cultural groups” you will be referred to the very programme which failed to deal with them.
The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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