Jeremy Corbyn’s greatest success is the discrediting of neoliberalism

An excellent read, and well worth reblogging!

Politics and Insights

Jeremy Corbyn Labour conference speech in full (2017)

One of Corbyn’s most important achievements is in extending national debate beyond the limits of neoliberal ideology and challenging the hegemony imposed by Thatcher. The sell by date was last century, it expired in Pinochet’s Chile. Yet the Tories continue to sell England by the pound, while selling the public very short indeed.

The Tories have frequently shrieked, with vindictive and borderline hysterical relish, that Labour’s pro-social economic policies reflect “fiscal irresponsibility”, but that doesn’t resonate with the government’s calamitous economic record over the past seven years. Nor does it fit with historic facts and accuracy. 

The Labour party were in power when the global crash happened. The recession in 2007/8 in the UK was not one that happened as a direct consequence of Labour’s policies. The seeds of The Great Recession were sown in the 80s and 90s. The global crisis of 2008…

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