This was said this weekend:
We need a different kind of economy, fairer to the lowest paid and demanding greater responsibility from the higher paid; broader-based, less reliant on financial services. A better capitalism.
THis was said this weekend at the Progress, the moderate labour right thinktank conference this weekend. The speech was by.... Ed Miliband. The labour leader.
Would you believe it. This new leader not even in the job a year and already we know what he is about. Although some may say we dont know nearly enough i think we can work out what kind of Britain he is after.
Lets be honest you cannot make capitalism fairer. yes you may be able to grant concessions to the working class all you like but there will always be greater wealth at the top of the economy than the bottom.
Ed Miliband ought to remember this. Gordon Brown said he had eliminated boom and bust whilst forgetting that it is in capitalisms nature for a unstable peaks and troughs of a economy. The fact that it is built on many contradictions according to Karl Marx suggests that periods of upturns and downturns are going to be repeated and repeated.
For the left to hold any illusions in this new labour leader that he will take this party in a left ward direction are sadly kidding themselves. Miliband has already spelled out that he and his party would have to make cuts all be it at a slightly less fast or as deep . But cuts all the same.
As a socialist i am against all cuts as i do not beleive they are at all nessesary. The ruling class beleives they are but they would. They want to make the working class pay for the mistakes of the bankers and the failiures of another capitalist break down.
But for a labour leader who could possibly lead our country in 2015 it is rather concerning that he still believes you can make capitalism better and fairer for the poor. This is incorrect as i previously said you can grant concessions to the working class but never provide the fruit of their labour as they will still not own it.
Only a taking over of the commanding heights of the economy where workers democratically control the economy including the banking sector nationalising all of the banks properly. Not a semi-nationalisation like Northern Rock but for real true workers ownership. Included in this the commanding heights of the economy including the wealthiest 150 or so monopolies will be brought under public workers control. All run democratically of course.
Only this way will the working class be able to fullfill their wishes and be able to afford a decent living for themselves. Miliband has been shown to not understand the way capitalism works. Perhaps he could read some of Marx's Das capital to read how the system works. As quite frankly he is lacking judgement if he and other labour members believe it can be made fairer.