The great error of the last 50 years is that conservatives think that they should unthinkingly endorse laissez -faire economics, but as presently conceived the free market destroys most of the things conservatives value; it destroys traditions, family life, societies, cultures, and established ways of doing things. The market place, as understood by contemporary neo-liberalism, is something no genuine conservative should support or endorse.
British philosopher (born 1966)
Phillip Blond (born 1 March 1966) is an English political thinker, theologian and philosopher, director of the think tank ResPublica and a proponent of Red Toryism, a radical communitarian traditionalist conservatism against both state and market monopoly.
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What is actually happening now is that monoploy capitalism needs the state to disempower ordinary people's institutions and lives. What we are actually developing in modern Europe is a post-democratic society. We are creating an oligarchical elite structure where moneyed elites, the elites of industry cohabit with political elites and they move into each other's regimes and spaces. So we have now produced what I would call a market state, and the market state really just exists for the benefit of those in the top. And there is clear economic and social evidence for this, it is very clear that only those at the very top of society in the developed world have really benefited from the last thirty years.
I believe in markets, but I don't believe in markets understood as private monopolies. I believe in open global, national and regional civic markets. If everybody owns and trades, and there wasn't just an exclusive, dispossessed class, there wouldn't be a radically insecure bottom twenty or thirty percent of society that causes problems for everybody else.
What we are seeing is the rise of new oligarchies. It is almost as if the 19th century is returning to the 21st century where we are going to live in a world where most of us are disempowered, most of us permanently struggle, most of us can't make ends meet, all the while a very small elite at the top is reaping vast rewards.