No accounting for socialists

I’m at the other end of the political spectrum, but I’d really like to at least *respect* the few hundred motley socialists gathered in the City of London. The trouble is, they’re just so…. daft. Take this report in the Telegraph.

“The richest 10pc of the UK population have a combined personal wealth of £4 million, million. A one-off 20pc tax on those people would raise £800 billion. Those people can afford it, they’d feel no pain, they’re so fabulously wealthy. With that sum of money you could pay off the entire government deficit. No need for any public spending cuts.”

“Protester Peter Tatchell” aptly demonstrates the biggest problem with the Left: its complete inability to do basic maths.Let’s skip over the fuzzymouthed phrasing (£4 trillion would sound less preteen, buddy) and take a look at what this socialist’s “solution” would actually involve…

He wants £800bn. So let’s assume that “rich” ten percent, 5.8 million UK residents, is okay with paying an average £137,000 each. Whoops! First mistake right there!

In Britain today, people at the 90th percentile (those Tatchell calls “rich”) earn about £40k. Hmm. That’s the income of a hardworking plumber or electrician putting in overtime. Are these people “rich”? If that describes your household income, “beware” indeed: the lefties want five years’ aftertax salary from you. My word, this guy’s truly from the Gordon Brown School of Public Finance, where taxpayers’ money is something that rains from the sky in infinite quantity.

A silly socialist, doing silly socialist things

A silly socialist, doing silly socialist things

But what the hell, this is socialist arithmetic. So they could sell their houses to be part of this socialist utopia, right? Hmmmm again. The top 10% of the UK possess average wealth of about £60,000, mostly in the value of their homes. So at his suggested 20% level, the average tax per person will be about £12k, and most people will have to sell their homes to pay it.

And wait, wait… that’ll raise less than a tenth of the £800bn he feels entitled to! What a silly little socialist.

Next up for critiquing: the “Tobin Tax” on financial transactions. Which would, in socialist speak, “reduce speculation and be good for the economy, and raise at least £100 billion a year.

Hmmmmm once more. What happens in a global economy, Mr Socialist? When business feels squeezed, business goes elsewhere. Sweden had a nice little financial sector before 1984; when it introduced a Tobin Tax, they expected it to raise a billion and a half kroner a year. Nope. The business fled, and the tax never raised more than a twentieth of that level. Today, let’s just say if you want a job in finance, Sweden’s not the best place to look for it.

So, in summary: what this socialist suggests would raise less than a tenth of what he wants and throw over 5m people out on the streets. Perhaps that’s what he wants: socialists love the downtrodden.

Definition of a Socialist: someone who really, really likes getting his hands on someone else’s money. As I said, I wish I could at least respect them, even if their views are different to mine. But I just can’t.

Tinker, Tailor, Soldier, Spy

Ok, so it’s not getting great reviews, and when a girlfriend pouts her way through the whole two hours it’s a fair bet she doesn’t like it either*. But I enjoyed Tinker Tailor Soldier Spy. Which means it’s fair to say you probably won’t.

It was obvious rather a lot of the audience were expecting a James Bond-style thriller. (Comments overheard on the way out: “appalling”, “junk”, “boring”, “slow”.) But I take that as a sad indictment of today’s want-it-all-now, over-stimulated, X-factor’d up society – a society of instant gratification where not having to wait for stuff is seen as a basic right.

But real films are narratives, not rollercoasters. To get this film you’ve got to sit quietly and actually listen. Which, let’s face it, is more than most people are capable of these days. This film is a piece of art – from its pixel-perfect 1970s sets (remember those funny-looking Saabs and cans of Harp?) to the quality of the acting.

I’ve never quite “got” Colin Firth – nor what women see in him; he always seems to spend about a third of his screen time blubbing. But he’s pretty good here – and it says something that in TTSS, he’s one of the worst-cast. And Gary Oldman’s George Smiley IS the Le Carre original. The slightly effete awkwardness of the harmless-looking middle-aged man who was actually the most effective agent on either side of the Cold War … Oldman captures every twitch and shuffle. The one occasion he holds a gun, it’s dangling unwanted at his side, a slightly distasteful accoutrement rather than a tool of the trade. And there are a LOT of extreme close-ups. Half the narrative is in facial expressions; this dialogue-driven film has relatively few words-per-minute. People are civilised, waiting for each other to finish a sentence before presenting their rebuttal.

(Is this gentlemanliness what’s missing from British society today? The chavster classes inhabiting so much of the mass media don’t have the wit or breeding to consider any situation not pertaining directly to themselves?)

And the narrative gains a lot from being pared back to a movie’s essential elements. The setpieces are terraced townhouses and workaday government offices; SiS high command inhabits a grimy Cambridge Circus building and the overseas headquarters are grimy import/export sheds. You get the feeling this is how intelligence work really was during the Cold War – a lot of dull hours waiting around at Teletype Terminals, where privileged but intelligent and civilised men pondered tiny scraps of information and deducted Red military policies and Kremlin power structures from a half-hidden salute in an old photograph.

(Of course, the blue connections and personal relationships of such groupings led to things like the Cambridge Five in real life, but the point stands: this film works.)

And because it was a more formal decade, protocol and procedure seem a lot more important. Simple acts like looking up files in a fifth floor archive are imbued with sweaty-collared menace … no Tom Cruise wirobatics, no webs of red lasers, just the clenching anguish of doing stuff you’re not supposed to be doing. Everyday tradecraft was about not leaving a paper trail, right down to swapping bag-check chits and leaving woodchips in the doorjamb. You never see James Bond walking around in his socks while a friend listens underneath to see if the floorboards will creak, but such details are what distinguish a good agent from a bad one. The beauty is many such scenes are never explained; you’re left to work it out for yourself.

Go and see “Tinker Tailor”. Chances are you’ll hate it.

And by the way, Odeon, your cinema is still crap. For future reference, it’s normal practice to TURN THE LIGHTS OFF BEFORE THE FILM STARTS, without members of the audience having to come out of the theatre to tell you.


*Possibly connected to me upending her popcorn before the film started.

A friendly rebuff to Elizabeth Warren

Elizabeth Warren is a non-crazy left-of-centre US politician. Circulating on Facebook is a neat little vignette about a reasonable view of social democracy.

I actually agree with her statement (left) that wealth-creators should pay their share of taxes – but think it’s incomplete without a dig at the wealth-consumers. Plenty of US pols (like the weirdo bunch calling themselves Republican presidential contenders) are anti-tax, but most of them have always taken a public sector salary, so their views don’t exactly carry water. Here’s my quick rewrite from the right side of the fence …

There is nobody in the government who creates wealth. Nobody. You’re in the public sector out of a sense of duty to others and a desire to contribute to society? Good for you.

But I want to be clear. The services you provide are paid for by the wealth-creating part of society. Your salary is paid out of the taxes levied on the private sector. Your immense job security is made possible by the private sector’s ability to grow the economy. You’ll be safe in retirement, because your government pension is guaranteed by the taxes from people whose benefits are far, far lower. You don’t have to worry that marauding private sector workers will bring the country to a standstill by striking, because people in the private sector lose their jobs if they pull that stuff…

Now look. You joined the UK public sector, and you provide halfway decent services without wanting a kickback. That’s great! Keep on doing it. But part of the underlying social contract is that you understand you’ve got a terrific deal. You’ve got better job security, higher average salaries, and massively better retirement benefits even with the proposed reforms that ask you to pay a little bit more and retire a little bit later. So can you think again about all this strike action, guys?