The poor return on the Mandatory Provident Fund reported by your newspaper (July 15) is not the main fault of this scheme.
Rather, the MPF represents a destructive philosophical assault on property rights and the ability of individuals to use their own minds to make their own decisions about their financial future.
The fines imposed on employers demonstrate that this scheme can only be implemented by the use or threat of force, so no employee or employer can opt out of this monstrosity without harassment and threats from those that think they know better than everyone else.
The better, and only moral alternative, is a philosophy of self-reliance with a voluntary scheme so employees and employers can objectively access this scheme on their own.
At the same time, the Mandatory Provident Fund Authority should be abolished and those responsible for this iniquity should apologise to all the people they have threatened or harassed over the last three years.
Finally, any comparisons between the MPF and proposals for both a sales tax and a medical savings fund are entirely justified. They all represent an attack on the right to property, independent thought and ultimately how one lives their own life.
SIMON PATKIN, Quarry Bay