The exciting thing is that Britain finally has a clear choice. I agree that it’s going to take a lot of cash, but the policy is relatively joined up. Labour have repeatedly indicated that they will collect appropriate levels of taxation from corporations that benefit from our infrastructure and that they’ll print money to create infrastructure (thank fuck for Gordon Brown for that, at least).
Railways are a great example of being able to sell a left-wing policy to the entire electorate. Realistically, it’s a tax, and anything that is taxed should be democratised, especially if the tried and tested alternatives have failed the country.
I like the idea of locally owned energy suppliers too. Initially, it’s just having control of part of the national grid, but as the practice has evolved in Germany, many of the suppliers are investing in carbon neutral energy generation.
Can’t disagree with the arguments on integrating health and social care. The concepts are joined at the hip; cuts in one affect the other.
Lifelong education is going to be a huge winner, both in terms of popularity and reducing insecurity. Makes total sense to me; much better to spend money on getting someone productive again. Much better than paying for their dole, paying people to check that they’ve been looking for work, pay people to check that they’re not really working on the side, paying people to prosecute those who are.
Universal childcare will probably end up paying for itself, especially when combined with lifelong learning opportunities. It’ll allow parents that couldn’t normally go to work to attend, and it’ll also free up a shitload of disposable income for those paying through the nose for it now.
Trade union act is shite and needs to go, fixed pay ratios should put some brakes on widening inequality. The living wage dividend idea is genius. I know shareholders will still be able to profit from price fluctutations, but most like the dividend payments as well. Any firm paying less than the living wage is normally going to be instantly less attractive to a potential investor. The slight danger with that is that firms move elsewhere, but it’s not like that isn’t happening anyway, and I’m not sure we’d want those people as employers.