Take Keynes to the market for the many as well as the few

 I argue an updated form of Keynesian economics is the way to democratic socialism. Modern Monetary Theory (MMT) adds a workable dimension to Keynesian economics. 

This is where I come from and it's on the right of Labour. With a strapline 'take Keynes to market for the many as well as the few'.

https://www.investopedia.com/modern-monetary-theory-mmt-4588060

Any further to the right of me is not in Labour. 

Starmer and Reeves have moved out of Labour into the grasp-and-grab economics of Friedman and Hayek.

Starmer and Reeves will bring the Labour party to an end over the next four years. I don't want this to happen.

But Starmer got himself elected and consolidated his position, he won't go until the British economy collapses or when he loses the next election so badly that he has to go. (like Sunak)

During this time I would like to work to build a decent broad church Labour party like the one I used to know. To continue when the Starmer disaster era ends.

I did a brief study of the backgrounds of Labour MPs before the election. 

Most Labour MPS are middle class graduates. The parliamentary Labour party does not represent working class people like me. I would like to see Labour MPs more representative of the demographic make up of Britain. So Labour MPs ought to be mainly from working class roots. 

Private school and Oxbridge ought to be a hindrance to becoming a Labour MP.

I want to persuade Labour to be a world peacemaker instead of a warmonger. This doesn't mean an end to the arms industry because as a Keynesian I see the economic value of this sector. Somehow the arms industry has to exist without war and it can.

The arms industry can build ships to keep the oceans safe from piracy for example. The Americans occupied this role from the end of WW2 to the end of the Soviet Union.

I want an end to the Ukraine war and a removal of sanctions against Russia because these are hurting Europe far more than Russia. This means NATO must stop prodding Russia.

At the moment I am working as an individual Labour party member and Trade Unionist.

I would be happy to be part of a group working within the Trade Union movement and Labour party to 'reinvigorate' Labour.

I am building skills in using X (Twitter) as a campaigning tool and this is my main campaigning channel.

Corbyn's few are a global elite, no government can beat them, especially a British Labour government. But could the elite be educated to understand that Keynesian type economics that boosts demand also boosts the few? Harod McMillon said in the 1950s/60s we never had it so good. And we didn't because Western governments operated a system that was based on increasing consumer demand. Economies are built on consumer demand and individual consumers like you and me are the building blocks of an economy. Look after consumers and the few benefit too just like they did in the 50s and 60s.

Things went wrong when Thatcher took up the grasp and grab, dog eat dog ideology of Friedman and Hayek. This needs to be consigned to the past.

for the many as well as the few

I don't care how many billionaires there are, the more the merrier.

I just want a decent life - nothing special. If 'the few' 

run things for me as a consumer they'll benefit even more.

If they run things so that consumers like me can't afford to live, the current few will be the 

first to die out but the many (consumers) will survive for a 'new few' to emerge and thrive.

The fringe economists, Friedman and Hayek should have known this. 

Both Karl Marx and Adam Smith did and both warned of it!