Saturday, August 09, 2014

The Best of Old Labour Should Now Be New Labour

Please read this excellent post by Tom Powdrill at Capital & Labour on his holiday review and modern day comments of the book "Economic Priorities for a Labour Government" by Roy Hattersley, which was published in 1987.

Compare our present economic model to what Roy was recommending.

No wonder countries which have greater equality and industrial democracy such as Germany, Norway, Finland and Sweden have more successful economies than us.

It appears to me at least that the Labour Party under Ed Miliband must continue its journey to re-balance British politics and economics away from the view that unfettered neo-liberalism is best.

Those of  us who genuinely believe in a mixed economy ought to shouting out loud that "the emperor has no clothes".
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