The invisible hand of the free market, as Adam Smith described it, gives us choice, forces prices down, and if a genuine free market is allowed to flourish, also allows all of us trade our way to prosperity.
But free markets are under threat. Not only do we have an official opposition in Parliament ideologically opposed to capitalism, faith in free markets is gradually reducing, making it more likely that there will be a Marxist Government led by Jeremy Corbyn, or one of his acolytes, in a few years’ time - or possibly even sooner.Read more
The following is a guest post by the Rev Dr Peter Mullen, Hon. Chaplain of The Freedom Association.
“A creeping sense of hostility to business” has taken hold in the Conservative party, says George Freeman, former head of Downing Street’s policy unit. This hostility is not “creeping,” George; under Mrs May it is galloping. Last Saturday the prime minister denounced “the unacceptable face of capitalism.” I suppose her statement was a follow-up to her disastrous election manifesto which a commentator at the time described as “somewhat to the left of Ed Miliband’s.” No wonder she lost her party’s majority when she began the campaign by alienating her core supporters. Alas we now have not only an extreme socialist opposition in this country; we also have a socialist government.Read more
This is a guest post by Harry Clynch, an English undergraduate at Cambridge University, and an officer of the Cambridge University Conservative Association.
The general election was a complete travesty for the Conservative Party. Through a grossly incompetent campaign, the Prime Minister managed to squander a twenty-point lead to put the most dangerous Labour leader in the party’s history within inches of Downing Street.
Of course, identity politics was a factor in this. Mrs May’s rather robotic approach to the election, and the symbolic damage done by such things as her refusal to partake in the televised debates, and her U-turn on what was already a flawed policy regarding social care (only exacerbated by her refusal to admit it even was a U-turn), always created the sense and atmosphere that the Conservatives were constantly trying to repair damage rather than guiding effortlessly towards a majority government, let along the huge Commons majority that some initially predicted.Read more