The 'World-Straddling Engine of Theft, Degradation, Manipulation and Social Control We Call the Welfare State'

"John Kay is tired of hearing the same old same rants about the unaffordable welfare state that he's been hearing for decades:

The economy depends on the welfare state, by John Kay: It is more than 30 years since I first attended a conference on the global welfare crisis. Rarely have a few months passed without an invitation to another. Last week, Tom Palmer, the American libertarian, came to London to denounce the “world-straddling engine of theft, degradation, manipulation and social control we call the welfare state”..."
 

at  http://economistsview.typepad.com/economistsview/2012/09/the-world-straddling-engine-of-theft-degradation-manipulation-and-social-control-we-call-the-welfare.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconomistsView+%28Economist%27s+View%29