What's Wrong with Fabianism?

📖 The Scoop

'Three features of Fabianism have been particularly damaging. First, the assumption that state action was preferable to either family, community or market activity. Second, a static view of society and a failure to think about the dynamics of change. Third, the assumption that Fabians know best...' After attacking old-style Fabian assumptions about the beneficence of the state, Dave Piachaud rules out any substantial redistribution of income through taxes and social security since there isn't enough to go round and, in any case, the voters won't wear it. Instead, he calls for a strategy to help people themselves -- opportunities for all. Then he sketches the main issues for a new 'opportunities' policy, which would reconcile the proper responsibilities of the individual and the state.

Genre: Business & Economics / Economic Conditions (fancy, right?)