Corbynomics: A Dystopia

GreatApe

buglawton wrote: »

The grand experiment but with the starting parameters highly unfavourable. But the new generation of electorate does need to experience labour and the unions ruling the roost so they can party like it's 1979. Then they can grow up to be the old fogeys that will evermore afterwards vote Tory.

The 2020s will be a time of great change, any government in power then will enjoy growth almost irrespective of policy. If corbyn gets in 2022 and implements his policies, while they will be negative the growth in the economy will still be strong and he and his supporters will claim victory when in fact all the added wealth and growth will be thanks to american capitalist companies bringing online AI tech.

If he gets his 2022 I can see him (or rather one of his clones as corbyn will be senile by then) win 2027 and 2032 to give labor a clear 10-15 years of socialism

cogito

GreatApe wrote: »

The 2020s will be a time of great change, any government in power then will enjoy growth almost irrespective of policy. If corbyn gets in 2022 and implements his policies, while they will be negative the growth in the economy will still be strong and he and his supporters will claim victory when in fact all the added wealth and growth will be thanks to american capitalist companies bringing online AI tech.

If he gets his 2022 I can see him (or rather one of his clones as corbyn will be senile by then) win 2027 and 2032 to give labor a clear 10-15 years of socialism

The only part of your post that makes any sense is the first eight words. Everything else is unknown and unknowable unless you have some insight that the rest of us don't possess.

Arklight

I'm going to love seeing you lots faces' when Jeremy is the next Prime Minister.


:-D

ukcarper

Arklight wrote: »

I'm going to love seeing you lots faces' when Jeremy is the next Prime Minister.


:-D

And your ten years after when you realise what you have done by voting him on.

GreatApe

mrginge wrote: »

The miserabilist Tory agenda is based on a principle view that we should be a low taxation economy and spend those low taxes efficiently and with an appropriate level of borrowing.

We can all argue about the detail of whether that spending is done wisely or if the level of borrowing is appropriate.

The labour alternative though appears to be a high public spending economy, but still with a low taxation base.
Now I would quite happily have loads more money pumped into the nhs, education, transport etc... But as always, where is that money coming from. Tweaking CT or higher rate IT is not scratching the surface of labour’s ‘alternative model’.

The reality is that if you want Scandinavian quality public services you have to have Scandinavian level taxation. To pretend otherwise is downright dishonest.

Even then it isn't possible, countries like Norway and Sweden and Iceland have massive natural resources which make higher levels of socialism possible.

Everyone knows about norways oil riches, but not everyone knows Sweden has a tremendous amount of very cheap hydro-power and iceland more so (per capita). Those Scandinavian countries have these natural blessings which no amount of left wing bluster can bring about for the uk.

The more realistic option is a French model, but all the 'problems' the hard left complain about are there also. France has rich people and poor people. Paris has expensive homes. They suffer from actual unemployment and more so for young people. The UK is a richer country, despite actually spending its 2% commitment on defense and giving much more foreign aid than france does not to mention the £10 billion annual EU transfer gift

The UK economy and model is a good model they just dont want to admit it. Its why they do ridiculous shameful things like blaming the grenfel fire on thatcher

GreatApe

cogito wrote: »

The only part of your post that makes any sense is the first eight words. Everything else is unknown and unknowable unless you have some insight that the rest of us don't possess.

My only insight is knowing that near AI software is very close and that when it arrives it is going to bring a huge wave of productivity improvements. The first big one will be self drive vehicles

At that point governments and society have a choice, they will either take this productivity for themselves via higher taxes and hire more state workers and give out more benefits. Or they wont do that and the price of goods and services will go down benefiting the consumer

My guess is corbyn will grab all that productivity for himself and expand the state while the tories will go half half.

Tromking

Out,_Vile_Jelly wrote: »

I will vote for any politician that summarises Britain's choices as succinctly and honestly as this.

There is another dishonesty in British Politics of course, this being the idea that our low taxation economy is not impacting progressively on the quality and scope of our public services. This is a battle of ideas that needs honesty on both sides.

Thrugelmir

Tromking wrote: »

There is another dishonesty in British Politics of course, this being the idea that our low taxation economy is not impacting progressively on the quality and scope of our public services. This is a battle of ideas that needs honesty on both sides.

People prefer to pay cheap prices for services i.e. Uber. Than everyone contributing equally to the treasurys coffers. As soon people have to pay the true cost of funding public services at the perceived level there will be uproar. What's really required is a change of culture.

System

michaels wrote: »

A question for Tromking and Moby

Up until the election you generally had little time for Corbyn and his policies that were well to the left of what has ever been electorally successful in the UK. Now you seem fully onboard with the momentum project.

Is this because whilst you liked the policies all along you thought that they were electorally naive or have you change your minds about what make sense economically?

It's hard to get behind someone you know couldn't win a general election. I suspect one of the reasons people are getting on-board is because he's starting to look electable.

economic

GreatApe wrote: »

My only insight is knowing that near AI software is very close and that when it arrives it is going to bring a huge wave of productivity improvements. The first big one will be self drive vehicles

At that point governments and society have a choice, they will either take this productivity for themselves via higher taxes and hire more state workers and give out more benefits. Or they wont do that and the price of goods and services will go down benefiting the consumer

My guess is corbyn will grab all that productivity for himself and expand the state while the tories will go half half.

i really hope the free market decides on the prices of good and services. otherwise it may mean a lower quality of life for me.