Labour Can They Be Worse

In the end like with BrExit the doom and gloomers are out over the planned policies of Labour. One wonders if Labour is as hooked on bringing back manufacturing and other point-less acts as Donald Trump. However they do retain enough support among a section of economists – some of whom have been patronised by McDonnell. Indeed Chris Dillow said Labour’s critics were the Marxists as they did not believe reform of Capitalism would work and clearly they could not claim it is working now. As an indication of this

You can pretend that others in the political sphere have answers but they do not. All one is left to do is point out that left wing politics of the type Corbyn and McDonnell probably favour has always failed. That a large state is not a problem in and of itself but do people who think rent controls are not more inter-generational theft on their own and suggested by no one expert in the field have enough insight to produce a better society? Indeed their precious Venezuela’s main problems are caused by a toilet paper currency with a fixed exchange rate that is bollocks hence inflation as people try to buy real currency ironically to buy toilet paper.

I don’t like their priorities but my knock on Labour is not they are left wing but stuck in the 70s. With the mindset of Labour passim that you can just legislate what you don’t like people doing. To claim as with BrExit they are a huge problem to a dysfunctional economy is to give Labour credibility as they are not the present danger and prevent real questions of their competence and vision and solutions.

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Labour Can They Be Worse

Caught Between the Rabble And The Robot

Yes you may feel that the UK has presented us with 2 horrible choices for Govt but 82% of those who voted voted for them. You might feel we are trapped between 2 incompatibles whereby one buys off the young and the other the Boomers. In America you might now realise it was not which kneecap but 1 or both and you have chosen wrongly. You might feel wherever in the West you are trapped by a Kleptocracy or Plutocracy or Idiotocracy or Crony Capitalism. You might feel you have a diminishing democracy. Continue reading “Caught Between the Rabble And The Robot”

Caught Between the Rabble And The Robot

State Socialism No Thanks

The UK state controls a large proportion of the economy – far more than is obvious¬†due to the State’s patronage or subsidy as I call it whether it be subsidy or tax breaks. However to move to a position of say a more Venezuela style state Socialism where various big projects dominate the economy and international capital runs for the hills is a different matter.¬† Continue reading “State Socialism No Thanks”

State Socialism No Thanks