One of the dominant political themes of the moment is that the big state, alongside either a high tax and spend economic model or massive borrowing, is here to stay. Those who advocate for even slightly more of a market economy and less state largesse apparently belong to a bygone age.
This narrative is being advanced by both left and right, Labour and the Conservatives. The Labour Party have obvious reasons to argue for a bigger state given this is one of the main reasons they exist, but the Conservative Party have begun to talk the economic language of Labour as well. This began under Theresa May’s leadership and continues through to the present. It initially allowed the Tories to steal Labour’s clothes, which worked electorally (eventually) but means that no one is now championing the value of free markets.
Those of us who believe in free markets know that they are a way to bring people out of poverty, not entrench it.
Get Britain's best politics newsletters
Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.
Already a subscriber? Log in
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in