One of an occasional series of articles that ConservativeHome is publishing in advance of the Budget.
Our survival as a party and arguably that of our nation itself depends on people having a stake in this country.
In his eyes, you have them only as long as the Government suffers you to have them, and they can be retrospectively taken away if he sees fit.
Its muscular power is needed to boost share ownership, build houses and tax wealth rather than income. And let’s rule out a No Deal Brexit.
Labour’s plan to force that outcome is fundamentally flawed. When there is a transfer of wealth forced by central government, how would investor confidence be affected?
What is wrong with our version of the systen is not that capitalists are ignoring the rules, it’s that the rules they are following are misspecified.
Our New Generation programme will be tasked with producing policies in areas that are of pressing concern to voters: tax, enterprise, housing, welfare.
Tactical newspaper articles are necessary but insufficient. She should make a series of speeches to set out her stall and try to change the weather.
As Margaret Thatcher learned, there’s a lot more involved in ensuring the widespread ownership of capital than simply handing it out.
20 per cent of Royal Mail is now owned by its staff and small investors – a privatisation I undertook. That’s what we should be doing with our remaining state shareholdings.