We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
I was reading the Telegraph and came across this gem…
HMRC inspectors have started the crackdown in a bid to tackle tax evasion, which loses the economy around £3billion a year.
Huh? So that £3 billion that does not get paid to the state is a “loss to the economy”? How does that work exactly? Do the tax evaders burn that alleged 3 billion quid in their backyards to make sure that if they can not keep control of the money they earned, no one else will? Is that what Christopher Hope is claiming?
In what way is money not paid to the state, but instead allocated to some other economic activity chosen by the person whose money it is, a “loss to the economy”? Does Mr. Hope think taxing people’s money creates more net wealth (or indeed any net wealth) compared to money left untaxed for private wealth creation? Really?
There’s a very important sounding letter in tomorrow’s Telegraph from hundreds of photographers who are angry that the government is violating their rights with anti-terrorism powers. Alex Singleton says it’s significant because “the signatories are not a bunch of lippy anarchists, but a roll-call of establishment figures”. The letter writers are demanding a change in the law and the recognition that terrorists don’t need to lug about heavy Nikons and tripods.
It’s not enough to be rich and famous if you’re not somehow “relevant”. Whether it’s Prince Charles or Al Gore or Leonardo DiCaprio or any of these other guys, they all have the same message: “Hey, I deserve to live like this. Now shut up and shiver in the dark, you peasants”.
From time to time I get into a lot of trouble with my allies because I express skepticism of the value of prescriptive rights, regulation or transparency. In fact am inclined to think (though there may be tactical advantage in their reception in law) human rights are an ornamental distraction from the pursuit of liberty, Gucci belts for those who think buying trousers is disgusting.
One of the reasons we are in such a terrible mess in the UK is that those on the left who used to care about personal liberty became utterly infatuated with the legalism, having been given the Human Rights Act as a pretty distraction, and now spend all their time defending its importance.
“…how will the media blame it on the failure of capitalism?”
Well, you know, China started market-friendly practices, it goes belly up, nothing bad ever happened in Mao’s China, and so on. The editorial in The Guardian writes itself.
The predicted insanity of “quantitative easing” (i.e. re-inflating the bubble) is laid bare:
Sharp increases in share prices have improved the outlook for pension funds in every major developed nation apart from the UK, according to research from the Organisation for Economic Co-operation and Development.
The news coincides with figures which reveal that the deficits in Britain’s largest privately-sponsored defined benefit schemes have soared by £15bn to £77bn, wiping out almost all the gains achieved by market increases the previous month. […] The deterioration is largely an unhappy consequence of quantitative easing (QE). Pension funds’ deficits depend on two factors: the value of their assets, much of which are equities, but also the potential amounts they will have to pay out when people retire in the future. These future liabilities have been pushed higher as QE has depressed yields on gilts and other bonds
I would quite like to see the people responsible for one of the greatest rolling acts of theft in recent history hanging from lampposts. Bernie Madoff was a minor league player by comparison.
The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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