UK Parliament / Open data

Digital Markets, Competition and Consumers Bill

On such ideological reasons, the Conservative party claims to be the party of Adam Smith, but if we read “The Wealth of Nations”, we see that the behaviour of the rentier class is not exactly praised by Adam Smith, and this is pure rent seeking. As the hon. Gentleman said, this is taking a ticket at £75, charging 90 times that and doing nothing to add any value at all. This is rent seeking, and ideologically it should be opposed by the Conservative party.

Type
Proceeding contribution
Reference
750 c790 
Session
2023-24
Chamber / Committee
House of Commons chamber
Back to top