Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 30 May 2019 8:05 am  |  Updated:  Monday 17 June 2019 10:19 pm

Keep your wits about you, it’s not easy to navigate this tyrannical political jungle

Any country that forced its citizens to spend over 40 per cent of their time working for those in power would be roundly condemned as a slave state and the most appalling tyranny. Yet this is the effective reality in Britain.

Just over two fifths – 40.94 per cent – of everything the nation earns is taken and spent by the government. From 1 January until today, the average Brit has been the authorities’ slave. Only today do we at last start working for ourselves.

Until next 1 January, that is.

And when people see what all their forced labour goes on – vanity projects like the pointless HS2, the six-figure salaries of Town Hall bosses, all the dismal pantomimes in parliament – it’s no wonder that they have given a massive two fingers to the main parties.

Some Tory hopefuls get the message. Dominic Raab promises a five per cent cut in income tax, and Jeremy Hunt would slash corporation tax to 12.5 per cent. Boris Johnson, James Cleverly, Esther McVey, Sajid Javid and Steve Baker are tax-cutters at heart – unlike big spenders Rory Stewart and Matt Hancock, who see plenty of ways to expand the state, or managerialist Michael Gove, who would succumb to demands for more government “action”.

Our political economy is a dangerous neighbourhood: you need your wits about you to navigate it.

It is not just declinist, devoid of principle, and battered by the daily demands of every vested interest group, but run by a mafia of professional politicians who control everything right down to what we may eat or drink.

There is no point in hoping that democracy will deliver us from these bullies. People see politicians and officials running things for their own benefit and want a piece for themselves.

And with the Momentum-dominated Labour party telling everyone that all private wealth exists to be shared out, you can see why.

Inequality, executive pay, the gender pay gap, greedy bankers – all non-issues in reality, but used to justify more regulation, control, and redistribution. Instead of celebrating success, we denigrate and tax it.

You don’t make a country rich by breaking up the delicate, integrated structure of capital and tossing bits of it to politicians.

Conservative members risk being offered a choice of two managerialists by their MP masters. What we need instead is a fresh commitment to principles like smaller government, balanced budgets, the protection of property and rights, and money honestly made.

That commitment must be matched by action to reform our political system.

Term limits to end “job for life” politics and bring politicians back in touch with the people. Halving the number of MPs (currently 650) and more than halving the 800 peers. Ending the subsidies to parties. Appointing ministers differently, so MPs focus on representing us, not on getting jobs. Simplifying taxes and laws. Spending transparency. Sound money. It’s easy to go on.

The government should be our servant, not our bullying master. We shouldn’t all have to be streetwise merely to survive under it.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News
  • Opinion

Categories

  • Business
  • Economics
  • Opinion
  • Politics

Related Topics

  • Boris Johnson
  • Executive pay
  • Michael Gove
  • People
  • Sajid Javid
  • Tax

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • A meeting with the breakfast king of Mayfair

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • As it happened: Supreme Court blocks Trump sacking; Andy Burnham vows ‘greater public control’; Comcast spin-off

  • BT tops FTSE 100 after finding new home for international business with Verizon joint venture

More from City PM

  • Ditched by clients and Australian government: What is happening down under at KPMG?

    Big Four
    KPMG Australia office building exterior with modern glass architecture and corporate signage in a bustling business district.
  • Two solicitors linked to Post Office scandal charged with misconduct

    Legal
    One contract was even an extension of the Horizon deal with the Post Office itself, worth £63m.
  • On this day: Brits vote in referendum that changes everything

    Opinion
    UK flag and EU flag waving side by side, symbolizing Brexit referendum discussions and future political relations.
  • UK in line for fresh US tariff hit as Trump proposes ‘forced labour’ levy

    Economics
    Breaking news conference podium with microphone, focused on speakers notes and event backdrop, set for journalist updates
  • Argan, Inc. Reports First Quarter Fiscal 2027 Results

    Business Wire
  • It’s time to scrap the Equality Act

    Opinion
    LONDON, ENGLAND - JANUARY 19: A statue of the Scales of Justice stands above the Old Bailey on January 19, 2021 in London, England. Criminal watchdogs representing England and Wales have expressed concern over the backlog of cases, caused by the Coronavirus pandemic. Figures have revealed that the backlog of unheard cases in the crown courts has reached 54,000. (Photo by Dan Kitwood/Getty Images)
  • Billionaire IWG founder Mark Dixon steps down as chief executive

    Property
    Mark Dixon, CEO of IWG, in a business setting discussing flexible workspace solutions and future industry trends.
  • Warning lights: UK services suffer worst shock since January 2023

    Economics
    Skyline of Canada featuring iconic skyscrapers on a clear day, highlighting its status as a global financial hub

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy