In the 1980s I published an antidote to the Marx Manifesto. A similarly slim volume, it was entitled “The Popular Capitalist Manifesto”.
I accepted Marx’s tenth proposal, free education for all children. I stood most of the other Marxist proposals on their head to recommend policies which could promote the freedom and prosperity Marxism repressed.
In place of the abolition of private property I proposed Everyone an owner, everyone a shareholder – wider ownership.
In place of a heavy progressive Income Tax I proposed lower tax rates for all earners.
In place of preventing inheritance I proposed a multigenerational society where property can be passed relatively easily from one generation to the next.
In place of centralising credit in the hands of the state I proposed the ending of exchange controls, the conduct of a prudent monetary policy, competitive private sector banks and the reduction of state borrowing and debts.
In place of more nationalisation and state control I proposed more competitive private enterprise
In place of enforced movement of labour and state control of production I favoured freer markets, freedom to work and to invest as you chose.
In place of industrial armies I proposed a sensible welfare system allied to freedom to chose your employment
In place of nationalising the commanding heights I favoured more private sector involvement in the economy.
In place of the state forcing town and country together, I proposed roles for the state in maintaining law and order and defending the state from threats.
My slim volume was of interest to the eastern European states emerging from the long winter of communist tyranny. I went to several of the newly freed countries to talk to them about the transition to a freedom loving democracy backed by a free enterprise economy.