Cooking the Books: The Other Adam Smith
‘Socialist flat-earthers must wake up to reality,’ ran the headline in an article in the Times (11 June) by ex-Tory MP Matthew Parris, ‘Capitalism has conclusively won the day but Conservatives need to get over their reluctance to defend private profit.’ According to him, ‘free-market economics’ has been proved right compared with ‘socialist economics’ just as Darwin’s theory of evolution has when compared with creationism; so ‘socialist economics’ should be treated in the same way as creationism.
‘This century’s intellectual consensus should show Marxism the door. Whether strictly defined as public ownership of the means of production, distribution and exchange, or more loosely as state direction of the “commanding heights” of the economy, socialism must be counted as definitively discredited.’
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