NO wonder America's bloated plutocrats – never mind President Trump – are growing scared of Senator Elizabeth Warren ("Trump urges senator to apologise in ancestry feud", The Herald, October 17). Given a mandate, she's likely to hand a mauling at the next American presidential elections to anyone stupid enough to stand against her with her tough-talking pragmatism, saying the world as it is.
Her social contract speech remains the most watertight case for a mixed capitalist and socialist economy which worked perfectly well until selfishness in all stratas of society poisoned our minds and our reason.
For those unfamiliar, it goes like this: “There is nobody in this country who got rich on their own. Nobody. You built a factory – good for you. But you moved your goods to market on roads the rest of us paid for. You hired workers the rest of us paid to educate. You're safe in your factory because of police forces the rest of us paid for so you didn't have to worry marauding bands would come and steal it all. You built a factory and it turned into something terrific – God bless! Keep a hunk of it! But part of the underlying social contract is a hunk of that pays forward for the next kid who comes along.”
It's forgetting Senator Warren's great simplicities which has brought us to austerity and ruin.
Mark Boyle,
15 Linn Park Gardens,
Johnstone, Renfrewshire.
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