Proscription of Labour groups seeking to overthrow capitalism

 Proscription!

Not a commonly used word and one that's unexpected in Labour circles where debate and discourse have always been part of the Party's life.

Alliance for Workers Liberty and Socialist Appeal.

As they stand they don't belong in a British political party that seeks to put its aims into practise through Parliament, local councils and similar democratic institutions. Neither of these two groups' stated aims fit well with this democratic, election based aim of the Labour party.

They both want to 'overthrow' capitalism. One of these groups wants to achieve this through methods advocated by Lenin and Trotsky. This is violent revolution. This is not compatible with the Labour party's aims.

My interpretation of Labour's socialist left is that socialism would be brought in after winning an election where there was a clear mandate for socialist policies and measures.

One of the groups in question is openly Marxist which is fair enough (Marx, with a touch of Hegal, got me good marks as a student).

Marx's prediction was capitalism would undergo a series of ever worsening crises until it eventually collapsed to be replaced by a socialist system.

I believe the British economy is at this point of a total collapse. When this happens the government will have no choice but to take over the running of the whole economy.

There's no other choice.

Depending on what the government does, we'll either get socialism as Marx predicted for a while, or we'll get fascism for a longer period.

This probably depends on who wins the next election.

Western democracy and electioneering in particular is now all about political marketing.

And political marketing communication.

Heuristic soundbites are a big part of electioneering.

I'm afraid to say Labour lag a long way behind the Conservatives in political marketing communication skills.

Just look at the website landing pages:

Labour, "Meet Keir Starmer" why?

Conservative "Build back better" a power-packed lie.

Labour, "Stronger together" a meaningless phrase.

Conservative, "levelling up" another clever lie.

Sorry but I don't think Labour will win the next election, even though almost everybody, even the few, are better off with Labour, and almost everybody, even the few, are worse off with the Tories.

Tories, levelling down Britain since 1689.

Labour, for the many as well as the Few.

Keynesian Mulitplier

 If a government has its own 'fiat' (independent) currency it can increase or decrease spending to influence the wider economy.

If a government increases spending in ways that stimulate the economy; the increase in the economy's spending will be higher than the government's outlay. This is a kind of economic profit or 'multiplier' and the government takes back some of the multiplier's surplus in tax to repay the initial outlay and stimulate the economy again if needed. Governments can borrow in order to stimulate an economy.

The Keynesian multiplier effect depends on the expenditure one person or business becomes the income of another. The problem with this theory when put in practise is savings. Savings take expenditure out of the economy and reduce the multiplier effect. In fact savings in the form of investing in buying houses may have contributed to the stagflation of the 1970s. More high quality council housing might have staved off stagflation (sorry digressing)

If a government injects £100m into an economy to be spent by individuals whose socio-demographic profile indicates they'll spend all of it; socio-economic groups C2, D &E. The following sequence takes place. It is known from the post war Keynesian golden years that this happens,

The recipients will spend 90% of the income that is £90m on goods and services. The recipients also spend c90% of the £90m income from consumers this is £81m. Experience of the 1950s & 60s indicates this multiplier goes on for ten rounds so the initial £100,m outlay stimulates the economy by around £1billion

The multiplier effect also creates jobs, the increased individual and business spending bring in tax revenue the repay the initial government outlay.

The Tory government belive in the 18th century ideology that the government should do nothing. The bank of England try to stimulate the economy with what they call Quantitative Easing (QE) where they buy government and corporate bonds, this has limited effect.

Labour don't seem to have an economic direct just now but it could be expected to be Keynesian. The big, big problem now is that Britain's got no industry left. So any fiscal stimulus aimed at the consumer would be spent in China, India and similar. These overseas areas that have taken British manufacturing couldn't spend in Britain even if they wanted to. OK, they do buy property, luxury cars and yachts, but not enough to make a Keynesian pinprick.

As Britain has become a 'service' economy that doesn't make much anymore the only solution would be for the government to spend so as to stimulate this sector.

The Tories claim everything in the economy is rosy but this is just not true. Britain is in decline and the consumers who could rescue the economy going to be hit with four massive shocks. Brexit, covid, surging energy prices and backlash from Russian sanctions.

My advice to a Labour leader is, do not win the next election!

What Russia could do with Ukraine?

10 steps for Russia to solve the Ukraine/NATO issue.

They might learn from and follow the example of the oldest and most successful political party in the world...

The Tories.

1. Set up a political party that resonates with mainstream Ukraine attitudes. 
2. Model it on the Tory party.
3. Develop heuristic soundbites directly linked to populist views, beliefs and attitudes. Tory ones are great. Levelling up, build back better, get Brexit (NATO) done. Just follow the ideas of Boris Johnson, he's got an amazingly astute political imagination.
4. Bring back Dominic Cummings.
5. Use the methods employed by Cummings and AggregateIQ to become the democratically elected governing party.
6. Promise a referendum on NATO like David Cameron did for Brexit.
7. Promote 'free' and open social media, especially Facebook.
8. When the time is right hold a referendum on NATO membership.
9. Use Facebook advertising like Dominic Cummings used to win Brexit to win the NATO referendum.
10. Once in government make full use of Ukraine's special relationship with the EU for the benefit of Russia. A free trade agreement between Russia and your government in Ukraine would effectively mean a free trade deal with the EU.

Democracy is a malleable political concept isn't it Dom?

What opportunities is Sir Jacob looking for?

 Could this little story be happening in real life?

"Hello, My name's Jacob Rees-Mogg, sorry, Sir Jacob Rees-Mogg.

I'm from the English political party, the #Tories who fought tooth and nail against reform, we kept young children, girls and boys, as young as 4 or 5 down the mines and in the mills working up to 18 hours a day in terrible conditions for a whole generation.

And then we managed to level down reform to a trickle. We held down education long after Belgium, Germany and the USA for example.

I'm looking for opportunities to deregulate in line with our 18th century free market ideology. Yes, I know it failed but it's where we are.

I'm actually looking for opportunities to reduce standards in the UK to those of India.

Yes I know India is increasing standards to match the EU but this is post Brexit Chancellor Sunak's small government in action!"

I ask you where can we cut standards?

Levelling up? Our election slogan and has nothing to do with what we actually do."

Where Michael Gove's storyliners got their ideas from

India's budget!

Prime Minister Modi and Finance Minister Sitharaman are going to 'put wings under the Indian economy' with openly Keynesian plans backed with sufficient funding.

"Driven by seven engines of Roads, Railways, Airports, Ports, Mass Transport, Waterways, Logistics infrastructure, the national master plan aimed at excellent modern infrastructure and logistics synergy."

Unlike Gove and Johnson, they mean business.

"The budget announced 400 new Bande Bharat Trains, 100 new cargo terminals to give a boost to infrastructure. Four multi-modal logistics parks through PPP mode to be awarded. Integration of postal and railways network to facilitate parcel movement." And more. https://bit.ly/modiwings.

Contrast this with the 12 damp squib pipedreams from Johnson and Gove that have no substance, no new money, no hope and no glory.

Pipedreams are expected from Chuckle brothers Johnson and Gove but I'm surprised at Rishi Sunak joining in.

I thought he was meant to be seriously a minded economist/banker?

Tories levelling down Britain since 1689

seven reasons why council housing is an all round winner

 Council housing benefits the many as well as the few...

and should be the Keynesian keystone of any genuine levelling up project.

Seven winners in building council housing

1. Lending money to a local authority to build houses is a rock solid cannot fail investment
2. The Council acts as developer and builds at cost
3. New jobs are born and grow in housing departments
4. Construction industry benefits for years
5. tenants benefit from secure accommodation to build secure families
6. The benefits system covers rent for tenants in need
7. In due course housing brings in a high income return as funding is paid off. This can be reinvested by the council.

Any losers?

Thatcherites might argue it competes with and depresses private sector house building.

This can be offset by using existing house builders to tender for the council house building.

How Boris Johnson is writing himself into history

UK Prime Minister Boris Johnson is using his creative journalist skills to write himself into history.

Operation Save Big Dog and the Pork Pie Plot will be studied by students from primary school to PhD.

It's a brilliant ruse, I tip my finger Sir.

If Mr Johnson breaks free of Thatcherism, dumps Friedman and the free marketeers who are trying to rip him, and turns to Keynes:

Boris Johnson could be one of the greatest Prime Ministers Britain has known and really go down in history on a level with Churchill and Pitt.

Turn the tide of British history Sir, and follow in the steps of a fellow Kings Scholar.