Framing the Dialogue

Update -True American Hero – Daniel Hannan

Nearly three years ago I identified Daniel Hannan as a True American Hero…he was the forth to achieve this designation.  Mr. Hannan is a staunch defender of American ideals and often offers clear and concise arguements supporting capitalism and free markets and conservatism.  This is more unique in that he hails from Great Britain.

This is an easy post for me as most of it will be using Daniel Hannan’s own words and a link to an article written by him that you will be inticed to read.  The article is a message to “Occupy” folks and an attempt to point them in the right direction to vent their displeasure.  Hannan offers ten points of which I’ll only provide a brief tease;

  1. Free-marketeers resent the bank bailouts. This might seem obvious: we are, after all, opposed to state subsidies and nationalisations….
  2. What has happened since 2008 is not capitalism. In a capitalist system, bad banks would have been allowed to fail, their profitable operations bought by more efficient competitors…
  3. If you want the rich to pay more, create a flatter and simpler tax system.  This is partly a question of closing loopholes (mansions put in company names to avoid stamp duty, capital gains tax exemption for non-doms etc)…
  4. Those of us who believe in small government are not motivated by the desire to make the rich richer. We’re really not…
  5. We are not against equality…
  6. Nor, by the way, does state intervention seem to be an effective way to promote equality…
  7. Let’s tackle the idea that being on the Left means being on the side of ordinary people, while being on the Right means defending privileged elites. It’s hard to think of a single tax, or a single regulation, that doesn’t end up privileging some vested interest at the expense of the general population…
  8. Capitalism, with all its imperfections, is the fairest scheme yet tried. In a system based on property rights and free contract, people succeed by providing an honest service to others…
  9. Talking of fairness, let’s remember that the word doesn’t belong to any faction. How about parity between public and private sector pay? How about being fair to our children, whom we have freighted with a debt unprecedented in peacetime?
  10. Let’s not forget ethics, either. There is virtue in deciding to do the right thing, but there is no virtue in being compelled. Choosing to give your money to charity is meritorious; paying tax is morally neutral (see here). Evidence suggests that, as taxes rise, and the state squeezes out civic society, people give less to good causes.

Do yourself a favor and read all of Mr. Hannan’s memo to the Occupy protestors.

You can read my original post here.

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