do any capitalists or tories object to gov/Milliband insisting that privatised power companies reduce their charges
I mean its tricky to object to this cos of the popularity thing, but surely this is state interferance in a privatised industry? I thought that the correct price for modern capitalism was 'whatever the market will bear', that 'competition would determine prices' and that all gov had to do was to 'ensure there wasnt a monopoly' ......of course 'cartellism is meant to be illegal' but it still exists.
Just because monopolies and cartels will be prevented by regulation, it doesnt mean that regulation can prevent cartelist or monopolist activity or tendancies. What mechanisms can be introduced to prevent/reduce the tendancy of 'whatever the market will bear' combined with cartellist activity, to prevent the nastier sort of capitalism that gets us into overinfaltion of prices/house prices/credit etc.
Many believers in capitalism believe in it as the idea of 'cost plus' to cover work done by middlement to be a sound idea (Its difficult to disagree wuith this)
But there has grown up more expoitative 'whatever the market will bear' (actually this has existed in times of need in the past as well, however one would have thought that in a stable country where no one should be desperate for lifes needs this would not be able to exist as long as there is healthy competition)
Let me explain what i mean by the housing credit crunch ting is a product of 'whatever the market will bear'
House prices would not have increased so much had there been the previous limit to what people could have borrowed, by allowing people to borrow wahtever enables the house prices to rise to whatever the market will bear, up until the point when it couldnt bear it any more and then we are stuffed.
House prices were not based on cost plus (although building costs could also escalate according to the profit at the end.)
Capitalists by failing to distinguish between types and flavours of capitalism have helped to create a false divide between capitalist versus anti capitalist. These arguments between capitalist and anti capitalist are well worn, familiar and tinged with ideological fervour based on association with all sorts of other political ideas.
It is a great shame that instead people were not able to chose between types/flavours that the capitalism took.
Argument gets polarised (helped by the polarised confrontationalist party politics) we dont argue/discuss about what choices we have within the realities that we can have