Liberty and Prosperity
Posts in The Copybook tagged ‘Liberty and Prosperity’
Adam Smith could not imagine it would ever happen, but he nevertheless recommended that Britain grant independence to her colonies.
Scottish economist Adam Smith regarded the British Empire as the best of its kind in history, but he still believed that it would be better for everyone if London abandoned her single market and meddlesome governance, and granted her colonies independence.
Richard Cobden despaired at British statesmen using the peerless Royal Navy merely to strangle trade in other countries.
The Victorian era saw Britain abandon its colonial ‘single market’ in favour of much greater free trade, but Richard Cobden was not yet satisfied. He urged Parliament to stop using the navy to blockade the ports of its commercial and political rivals – in modern terms, to stop imposing sanctions and punitive tariffs.
Richard Cobden saw Britain’s international standing in terms of peaceful trade rather than military interventions.
In 1855, Cobden urged Parliament to tone down its anti-Russian rhetoric, not out of any fondness for St Petersburg’s domestic or foreign policy but because British influence was better felt in industrial innovation and international trade than in annexing land, toppling governments or rattling the Russian bear’s cage.
William Pitt complained that European politics offers only a choice of inhospitable extremes.
In 1793, Prime Minister William Pitt spoke about the French Revolution and the recent assassination of King Louis XVI. He reminded the country how fortunate Britain was to possess a Constitution designed to prevent the country lurching from one extreme politics to another.
The French revolution failed because real liberty cannot be enforced overnight, or indeed enforced at all.
By 1793, William Pitt, Prime Minister for ten years, was thoroughly disillusioned with the French Revolution. The kind of liberty Pitt enjoyed at home, Sir Reginald Coupland reminds us, comes from peoples and not from governments, and takes centuries and not days to mature.
Some likened tax-and-spend to a refreshing shower of rain, but for William Cobbett the rain wasn’t falling mainly on the plain man.
William Cobbett castigated the Government for overtaxing employers, and then congratulating themselves on handing out a little welfare to the underpaid and unemployed while pocketing the difference. Better, Cobbett said, to stop the job-killing taxes, so the working man can have a fair crack at dignified independence.