No that last blog does not make us a bunch of Communists

Every so often one of our blogs engenders some intriguing feedback . Alongside the usual welcome comments with all their nods and frowns, we occasionally get one that is a little-uh- longer, yet expresses its views with passionate clarity, to push euphemism to its limits. Such was the case today, when a reader alleged that our criticism of fossil fuel and tobacco companies was a sure sign that we were under the influence of Communists, who aim to tear down the free market system and replace it with a “nightmare of bureaucratic state socialism” of the sort found in places like Venezuela and North Korea. In particular the reader observed:

“What you’ve got to remember is that markets not governments are best at allocating resources. Intervening in fossil fuel markets is crypto socialism- it will only distort price signals, stifle innovation and lead to unintended consequences”

When we asked if this was true for immigration control as well, they replied

“Absolutely! Free markets mean the free movement of labour. Anything else is protectionism in disguise.

So, where does that leave us at LSS? Having worked for many years in the Government Employ and thereby known the ways of Civil Servants, we can more and more share the view that Free Markets really do work better. No, it’s the “unintended consequences” that pulls us up. Free markets can have those too. Totally unregulated sales of tobacco produced an epidemic of cancer. We suspect that over enthusiastic marketing of certain foods and drinks will one day produce an epidemic of obesity. As for gushing out vast quantities of poisonous mineral oil and burning it with heedless abandon-well we wish people had been better informed before this was started. To call for better product information, and to ask that consequences of free markets are cleaned up, or at least controlled, does not make one a Communist. Or anything like it.

Thanks for the feedback, and we appreciate that in view of this respondent’s employment, they must remain anonymous

#climate change #free markets # global warming #immigration #communism #socialism #capitalism #hayek #marx