Showing posts with label neo-liberalism. Show all posts
Showing posts with label neo-liberalism. Show all posts

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".

Friday, October 04, 2013

#Lab13 While Labour was resuming its historic mission to save Capitalism - from itself

I have now had over a week to reflect (and recover) on the highs and lows from the Labour Conference 2013 (and also to enjoy the faux outrage of the Tories and some big businesses).

The high of the conference was I think the re-balance of British Labour politics however so slightly to "the left".

What Ed Miliband is proposing is a small but still significant shift away from a view that capitalism always "knows best" towards a more hard headed, pragmatic and interventionist stance.

But nothing has really happened to scare the horses. Do not forget that most Tories believe in an active role for the state. With only their most reactionary swivel eyed loons calling for the privatisation of the Royal family or the Brigade of Guards (mind you there were few of these in Manchester last week).

It is a question of balance. The evidence of the financial crisis of 2007 is surely that left to itself, capitalism will destroy itself (and us with it). 

There was also some excellent fringes and debates on the conference floor. It was great to meet up with people from all over the UK and talk "politics".

While on the downside I experienced yet another MP having a strop because I didn't know he was a MP and had innocently asked what he was doing at conference? At a late night reception a certain journalist refused to speak to me because he claimed that I had misquoted him in a post. He then did a very poor Jimmy Cagney impersonation before flouting off.

I also witnessed some incredible rudeness by extremely self important individuals whose size of their ego's made me wonder how on earth they managed to walk through doorways?

Yet such incidents were very much in the minority and the vast majority of Party members, delegates and visitors behaved impeccably and were a joy to be with. My MP Lyn Brown was asked by a delegate at the London reception where she was from and she replied "Oh, I'm from West Ham CLP".

I think this conference is a game changer that has enhanced the standing of Ed Miliband.  Probably the greatest inverted compliment is that the only reason the Daily Mail launched its recent disgusting attack on his dead father is because they see Ed as a future Labour Prime Minister.

Roll on 2015.

(picture of the traditional singing of "The Red Flag" at  close of conference)