Category Archives: confiscatory economic policies

The socialist menace

Britain’s Labour party, writes Dalrymple, wishes to provoke a general election, which it believes that it would win. Were it to do so,

it would bring to power people who admire the Venezuelan model and believe in confiscation as the path to universal prosperity.

They would make Brexit

seem like a minor detail in the history of British difficulties.

The populist appeal to envy, spite, and resentment

Dalrymple reports that

Mr McDonnell, deputy leader of the Labour party, which for the time being is in opposition, recently objected to the presence of hereditary peers in the upper house, using the crude and vulgar language typical of populist politicians anxious to demonstrate their identity with the people or the masses.

It is strange, Dalrymple adds,

how rarely Leftists who are in favour of confiscatory economic policies are condemned as populist.