From the BBC:
The Daily Telegraph's] editorial accuses Labour of being "inexorably anti-business", arguing:
"Occasional lip service has been paid to the power of capitalism to create wealth and jobs. But it has been drowned out by attacks on landlords, energy suppliers, railway companies, financiers, bankers and anyone else who appears to be, in Mr Miliband's eyes, a 'predator' rather than a 'producer'."
If you look at that list, those people are predators and not producers!
For example, railway companies are providing services and however much some people hate them, they are providing very important services.
But the simple fact that they can increase their fares year-on-year without any [significant] improvement in their services clearly indicates that they are actually collecting unearned rent rather than just a fair return on capital/labour.
The same applies in spades to landlords, financiers and bankers, and, for that matter airlines and broadcasters. It applies to a lesser extent to energy companies, they are not ripping off 'the consumer' so much as they are ripping off 'the taxpayer' (via all these grants, subsidies, guaranteed prices etc).
(If Red Ed went round slagging off car manufacturers or dry-cleaners, that would be truly anti-business.)
Tuesday, 3 February 2015
From the BBC: