One cannot sensibly use the empire as a stick to beat capitalism with
5 January 2021
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Education
In the Media
Professor Len Shackleton writes for CapX
5 January 2021
Economic Theory
Dr Kristian Niemietz writes for Reaction
At first sight, it may seem as if Culture War issues have come to dominate economic issues, but that would be a “fundamental misunderstanding”, writes the IEA’s Head of Political Economy Dr Kristian Niemietz.
In an article for Reaction, Kristian argues that for all intents and purposes, “wokeness” is a subset of anti-capitalism, which we can see in the obsession with the colonial era. However, as Kristian points out “one cannot sensibly use the empire as a stick to beat capitalism with” – it was a costly prestige project that governments pursued for non-economic reasons.
Read the full article here.
In an article for Reaction, Kristian argues that for all intents and purposes, “wokeness” is a subset of anti-capitalism, which we can see in the obsession with the colonial era. However, as Kristian points out “one cannot sensibly use the empire as a stick to beat capitalism with” – it was a costly prestige project that governments pursued for non-economic reasons.
Read the full article here.
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