Major Rise In Net Migration To UK

Jip Jaap Stam · Feb 28, 2014

MalteseMick said: ↑

That's not entirely true - on the Libertarian right we're all for deposing the resident poor with foreigners who can do a better job for cheaper
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Are you on the libertarian right, Mick? I wasn't sure because you don't tend to mention your political proclivities on here

Archers Road · Feb 28, 2014

MalteseMick said: ↑

I just explained that they don't have all that cash, only assets, like the white farmers in Zimbabwe owned a lot of assets before Mugabee had the same (maybe even noble) idea as you. Anyway I see what you are getting at and agree with what you are trying to achieve - it's just not very simple to achieve. We have to be very very careful that we don't violate property rights - something like 80% of job creation in the UK is coming from entrepreneurial start ups rather than existing companies and entrepreneurism completely dies inside states with extractive governments who don't respect property rights - for instance no investor will touch Zimbabwe now because property rights have been violated by the government - next door in Botswana the economy is growing massively because the government is protecting property rights and fairly distributing the wealth that is being dug out of the ground (more important than anything else there is low levels of state corruption - bad governments are the single biggest reason why the bottom billion in the world are stagnating and poor, not the hoardings of the super rich - you can find an excellent book on the subject here http://www.amazon.co.uk/The-Bottom-Billion-Poorest-Countries/dp/0195374630).

I wrote a huge post before on how wealth is not zero-sum, how it can be created from scratch and it's very important that we don't break the creation cycle in trying to redistribute the wealth that has already been created.
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I sincerely doubt any **** read that though.

Mick · Feb 28, 2014

Jip Jaap Stam said: ↑

Are you on the libertarian right, Mick? I wasn't sure because you don't tend to mention your political proclivities on here
Click to expand...

I don't actually know what I am, I change my mind every time I see a bit of new evidence.

Mick · Feb 28, 2014

Archers Road said: ↑

I sincerely doubt any **** read that though.
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I don't think I really care that much, I just needed to write it out - it's lonely in my head.

Toby · Feb 28, 2014

MalteseMick said: ↑

I just explained that they don't have all that cash, only assets, like the white farmers in Zimbabwe owned a lot of assets before Mugabee had the same (maybe even noble) idea as you. Anyway I see what you are getting at and agree with what you are trying to achieve - it's just not very simple to achieve. We have to be very very careful that we don't violate property rights - something like 80% of job creation in the UK is coming from entrepreneurial start ups rather than existing companies and entrepreneurism completely dies inside states with extractive governments who don't respect property rights - for instance no investor will touch Zimbabwe now because property rights have been violated by the government - next door in Botswana the economy is growing massively because the government is protecting property rights and fairly distributing the wealth that is being dug out of the ground (more important than anything else there is low levels of state corruption - bad governments are the single biggest reason why the bottom billion in the world are stagnating and poor, not the hoardings of the super rich - you can find an excellent book on the subject here http://www.amazon.co.uk/The-Bottom-Billion-Poorest-Countries/dp/0195374630).

I wrote a huge post before on how wealth is not zero-sum, how it can be created from scratch and it's very important that we don't break the creation cycle in trying to redistribute the wealth that has already been created.
Click to expand...

And I just said that in Eddie's scenario it was just cash.

Of course selling off huge amounts of assets would break stuff, it was a hypothetical situation and if it were cash there wouldn't be a negative effect.

Ponders Revisited · Feb 28, 2014

I thought this thread was going to be interesting, but it's actually a bit boring.

I'll check back later to see if it has picked up.

Major Rise In Net Migration To UK

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Major Rise In Net Migration To UK

Jip Jaap Stam General Chat Moderator Staff Member

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Jip Jaap Stam General Chat Moderator
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