About McPherson's Rant

Cannyman1

McPherson’s Rant is an old Scots Folk Song about a Robin Hood Type Character who was hanged.

There is no connection, unless you count the “rant” part.  The world’s a strange place and sometimes a “rant” at absurdity and unfairness is just what’s required.

Here you can expect to find examples of stupidity, irony and idiocy , especially relating to Hong Kong, and with particular attention to the SCMP, and its’ letters page. A common problem with many blogs is their failure to find something new to say, I find the SCMP, and it’s letters page, provides plenty of ammunition on a daily basis and will reference them frequently. If you have your own letter not getting published, put it on our comments section.

 

 

 

 

Monthly Archives: November 2010

Poverty? Not our concern

A good quote from SCMP yesterday: Duncan Abate, a committee member of the Hong Kong Federation of Employers says: ” It is not the role of bosses to reduce our growing poverty, but that of government.” He goes on to describe the new proposed minimum wage as ‘intrusive.’  And then the clincher, he has: “No idea” how to reduce poverty but is pretty certain it should not be done through higher wages!  Oh, if brains were dynamite, the noise of Abate’s brain exploding would scarcely elicit a ‘pop’.  I think he means the government should keep subsidising the lowest paid, with cheap housing and social assistance so employers can keep paying them twenty bucks an hour.

We’re not advocating the minimum wage here, we would prefer companies illustrate their oft quoted but essentially meaningless ‘social responsibility’, by paying a wage that an individual can live on.  Say maybe just HK$8000 per month?

All over the world economists and wealthy individuals are advocates for Adam Smith and his invisible hand, mistakenly using the argument to defend the positive morality to be had ‘pursuing our own self interest.’  However Smith was well aware that, in general, the interests of the merchant class were fundamentally opposed to those of the general mass of society and would in fact deceive, oppress and exploit society, if given the opportunity.

Welcome to Hong Kong.


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