- 27 Mar 2020 08:06
#15078807
https://www.bbc.co.uk/news/uk-politics-52048213
Interesting read. And he was most definitely right about being able to at least finance the social revolution as clearly if something needs spending the "money" on it can be found somewhere. Whether the contradictions of vast borrowing is sustainable I don't know. Although I suspect the cost would only be minor inflation. But we will see because the world is spending big!
Anyway it appears global growth has been at the expense of insecure job creation and low paid work. And I think when job losses figures are realised, the woke might even realise their class distinction and are going to be asking for their slice of the pie. In the UK, all sectors of the working class have asked for help and next it will be the zero hour contractors. I think Corbyn is also right that politics will never be the same again after this. I don't believe the same patch up can be achieved to fix this problem as was the case in 2008. Giving the money to cooperates only protects their interests and people aren't interested in low interest loans. They want jobs, security and a paycheck that sustains a standard of living. And you cannot do that with insecure work. You cannot really do that under Crony Capitalism. But you can do it with the Keynesian method. And that was Corbyns 2019 election campaign.
Interesting read. And he was most definitely right about being able to at least finance the social revolution as clearly if something needs spending the "money" on it can be found somewhere. Whether the contradictions of vast borrowing is sustainable I don't know. Although I suspect the cost would only be minor inflation. But we will see because the world is spending big!
Anyway it appears global growth has been at the expense of insecure job creation and low paid work. And I think when job losses figures are realised, the woke might even realise their class distinction and are going to be asking for their slice of the pie. In the UK, all sectors of the working class have asked for help and next it will be the zero hour contractors. I think Corbyn is also right that politics will never be the same again after this. I don't believe the same patch up can be achieved to fix this problem as was the case in 2008. Giving the money to cooperates only protects their interests and people aren't interested in low interest loans. They want jobs, security and a paycheck that sustains a standard of living. And you cannot do that with insecure work. You cannot really do that under Crony Capitalism. But you can do it with the Keynesian method. And that was Corbyns 2019 election campaign.
- By Rich
- By ingliz
- By Unthinking Majority