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Originally Posted by FutureTaoiseach I for one regard Socialism as a political force that deceives the poor, by helping to maintain the very problems it complains about, in the hope of using them to get votes. Those considering themselves socialists who do not consider themselves as doing so are deceived by party leaders, in my opinion.
The Irish Left and trade unions have consistently opposed greater competition in the Irish market. They opposed the opening up of the aviation sector which let Ryanair into the market, and caused a great fall in the price of flights out of the country. They even opposed the deregulation of the taxi-industry, which has helped reduce the rip-off culture long synonomous with Irish taxis. In taking these positions, Socialism opposes measures to bring prices down. As such, they harm the poor they claim to defend. By supporting the ban on below-cost selling, they help keep supermarket prices artificially high.
By opposing controls on immigration, they pave the way for cheap labour to price Irish workers out of their jobs - especially their demands that asylum-seekers be allowed to work.
The worst examples of socialist excess can be found in mainland Europe, especially France and Germany where high taxes - especially the 55% German corporation tax rate in German - as well as meddling red tape that makes sacking a worker too hard - and the 35 hour maximum working week in France - have all created 11% unemployment rates.
There is a pattern here! |
That's fairly sweeping FT, and I'm not sure that what you're describing is even particularly 'socialist'. I'll disregard your usual bugbear of immigration and ask you to consider that you're using a rather narrow retrospective viewpoint from 2006 to 'justify' your viewpoint. It hasn't, throughout the 20th century, been always self-evidently clear that competition was the means to superior economic outcomes. Indeed one can argue that capitalism failed on this yardstick until possibly the 1950s, possibly later. Also it depends at what level of economic activity we're discussing. Competition on railways? Not very easy to introduce. Competition between telecoms operators, relatively easy, but realistically was it an option say prior to at the earliest the 1980s in this country? As for the deregulation of the taxi industry, that's fairly parochial stuff.
As for Germany and France (run by conservatives) their economic performance is rather better than you seem to think and over a consistently longer period than this country. This country has been playing catch-up with other European economies. No more and no less. At some point the graph will level off and assume a more normal level of growth - or perhaps slight decline.
Hold on, I won't disregard your usual bugbear, because it strikes me that while you laud competition in all other things you don't in terms of immigration. Now frankly, neither do I. But even so...