6 months

Posted on

Larry Elliott in this morning's Guardian:

Scholars, politicians and think tanks have little more than six months to come up with ideas to influence policy before and after the election. They should concentrate on a few areas.

One would be finance, where the argument should be moved on from the need for faux-Keynesian fiscal policy to what Keynes actually stood for: permanent and tough controls on the financial sector so policymakers could pursue goals of social welfare and full employment. That means nationalising the banks, credit controls and action against tax havens - as a bare minimum.

A second would be housing, where the notion that the private sector will build enough homes for almost two million families has been blown out of the water. The government should be buying up land from stricken construction firms and organising a house-building programme of its own.

Finally, there needs to be a vision of the good society, the world the left wants to create. The free-market right has one. The Marxists have one. The greens have one. Unless the social democratic left has one - and can articulate it fully - it is finished.

Better get on with it then. I know I've helped the Green version, and am happy to have done so. But there's more to it than that. The future is both social democratic red and green.

Looks like Christmas is cancelled 🙂