The Great Reset

I have no problem with the idea of building better or investing in a better future, but I do have problems with some of the agendas drawn up in the name of the Great Reset.

The problems of the past were not brought on by taxing enterprise too lightly or by being too generous to the self employed. We did not have too many large companies offering better new goods and services, and we did not have too many people working hard and investing their time, energy and capital in serving us better. We needed more of both, a need that has just been intensified by the damage done to both by the lockdown measures. Taxing work, enterprise and success more is a bad idea.

Many of the great advances in living standards and quality of life have come from the innovation and enterprise of the private sector. It was not government effort that launched billions of smart phones and electronic pads on the world. It was not government which provided the cars to liberate many more people with flexible personal transport, or supplied the great entertainments of stage, screen and events. It is important that as we build back from lock downs these gains are banked and enhanced, with broadening of reach to ever more people.

When the agenda proposes taxing and regulating the very products of the digital revolution and the transport revolution that have offered to the many the freedoms and advantages that used to be the preserve of the few I worry that build back better just becomes a cover for more state control over our lives.