By
Daily Mail Reporter
09:41 EST, 15 September 2012
|
11:25 EST, 15 September 2012
Labour leader Ed Miliband has declared that he has nothing against the rich – as long as they have made their money ‘the hard way’.
Mr Miliband, who has earned himself the nickname ‘Red Ed’ for his socialist views, described capitalism as ‘the least worst system we’ve got.’
He said he would not pass judgement on those who gain significant wealth but that they had a responsibility to ‘play by the rules’.
Wealth is good: Labour leader Ed Miliband has said he has nothing against the rich – as long as they made their money the hard way
The Labour leader made the comments during an interview with The Daily Telegraph.
Mr Miliband, whose father Ralph was a Marxist historian, acknowledged the merits of Margaret Thatcher’s aspiration agenda, despite admitting she had been deemed an ‘ogre’ like figure in his household when he was growing up.
He said: ‘My dad was sceptical of all the Thatcher aspirational stuff, but I felt you sort of had to recognise that what she was talking about struck a chord.
‘I want to save capitalism from itself,’ he added.
Tribute: Miliband paid tribute to Baroness Thatcher for creating an ‘era of aspiration’
The Labour leader said the ‘creativity’ of capitalism had to be harnessed and made ‘more decent’ and ‘humane’ and more ‘fraternal’.
‘I believe capitalism is the least worst system we’ve got,’ he told the paper.
He said the last Labour government was too ready to accept that businesses needed light touch regulation.
Mr Miliband said it was just ‘not true’ that all top CEOs would leave the country if their demands for pay were not met.
But when asked whether he thought it was good to be rich, he answered ‘Yes, if you make it the hard way,’
His comments come after Lord Mandelson said that New Labour was intensely relaxed about people becoming ‘filthy rich’.
Mr Miliband said he was calling for ‘responsible capitalism’ and wanted to save it from itself.
In the same interview, Mr Miliband said he thought Tony Blair’s Millennium Dome was a ‘manufactured’ effort to forge a national identity, whereas the London Olympics had achieved the real thing.
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Interesting as most “wealthy” MP’s have got it the easy way through “family” wealth.
Mr Sin Nick
,
The Real World,
16/9/2012 08:48
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Logically then Ed, wealth should not be inherited, but taken by the state, making everyone poor and dependent on what Labour has to offer in benefits after it’s borrowed its way to bankruptcy. I can’t think of anything appropriate to say about this sad man.
Alcox
,
Torrevieja Spain,
16/9/2012 08:47
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Ed, Define ‘wealth’.
Implacable
,
London.,
16/9/2012 08:36
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Yes its great for people who have worked hard all their lives and money is still taken off them by the government in taxes and the cost of lliving.
judydog
,
Belfast, United Kingdom,
16/9/2012 08:34
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It’s all very well to ask the rich to pay their fair share of taxes. But what about a commitment from government to spend tax revenue wisely?
Richard
,
York,
16/9/2012 08:28
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It’s all very well to ask the rich to pay their fair share of taxes. But what about a commitment from government to spend tax revenue wisely?
Richard
,
York,
16/9/2012 08:27
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I take it that he disapproves of Tony Blair’s million dollars an hour then?
John
,
Durham,
16/9/2012 08:20
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‘Play by the rules” does he not know how some past PM’s are avoiding tax (off shore accounts) as does many other MP’s, civil servants – so get your own house in order first. Also does this mean that inheritance tax will increase under Liebour? Work hard, follow the rules and the Government will take what you have so your children cannot benefit but the Government can and will then go on a waste your money. Great.
Unbelievable
,
Ipswich, United Kingdom,
16/9/2012 08:19
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AND THIS INCLUDES YOU THEN MR MILLIBAND???……….. WHO HASNT DONE A HARD DAYS WORK IN HIS LIFE………….
reality check
,
not from this planet,
16/9/2012 08:19
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Thats a bit Rich coming from him, WHAT DOES HE KNOW ABOUT HARD WORK
dave123
,
cardigan,
16/9/2012 07:55
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