Austerity Is Labour’s Choice
It’s simple: Starmer in 10 Downing Street can end child hunger, fix public services and give workers a pay rise. Ruling out these ambitions by refusing to tax wealth is a conscious political choice.
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Grace Blakeley is a staff writer at Tribune.
It’s simple: Starmer in 10 Downing Street can end child hunger, fix public services and give workers a pay rise. Ruling out these ambitions by refusing to tax wealth is a conscious political choice.
As heat records were being broken and wildfires raged, energy companies announced record profits – a direct result of the greed of fossil fuel giants who lied about their role in creating the climate crisis.
A Tory government might not have any moral qualms about pushing children into poverty. But if Labour can’t bring itself to oppose such an abhorrent policy, it doesn’t deserve power.
Labour may win the next election by convincing the establishment that the economy is safe in their hands. But they won’t solve any of the crises the country is facing by imitating Tory spending plans – they might even make things worse.
The NHS has always had wealthy enemies, but now they have a clear plan to bring it down: starve public healthcare of funding and let private provision grow in its place.
Authoritarianism is on the rise despite the liberal prediction that the spread of free markets would result in more democracy – that’s because capitalism will always defend social hierarchies against the threat of economic equality.
Rachel Reeves claims a Labour government would embrace ‘Bidenomics’ – but her commitment to austerity and hostility to striking workers makes clear the party is even less willing to challenge elite interests than its US counterpart.
Keir Starmer claims ‘difficult choices’ have forced him to abandon his progressive economic agenda – but it’s yet another sign that Labour plans to do little to threaten the establishment.
Wealthy landlords are set to take advantage of falling property prices and high interest rates by snatching up even more of Britain’s housing stock — unless tenants organise a fightback.
The Global South faces its worst debt crisis in years – but instead of providing assistance, Western states are pushing policies that will drive millions into poverty.
The past decade has exposed austerity as the most destructive policy in modern British history – but the Tories are determined to keep it alive.
In today’s Budget, Jeremy Hunt talked about ‘growth’ but delivered policies that will lock Britain into years of low pay and crumbling public services.
The public intervention to protect Silicon Valley Bank’s investors is a perfect example of politicians moving fast to make sure the rich never pay a price for their recklessness and greed.
Amid the worst squeeze on living standards in decades, Keir Starmer’s Labour has a historic opportunity to transform this country – but yesterday’s speech shows he’s more concerned with staying in the establishment’s good books.
The Global South is enduring its worst debt crisis in decades. Unless there is immediate relief, any progress made on tackling extreme poverty risks being wiped out.
During Covid, fossil fuel companies saw tanking oil prices as a sign to finally invest in renewables. Now they’re making bumper profits, they’re rolling back those initiatives – because for them, cash always comes before the planet.
Even a drop in house prices won’t make it possible for most young people to get on the property ladder. The only real answer to the housing crisis is a massive programme of social housebuilding – and getting tenants organised.
The UK’s expected recession this year won’t be an act of god – it’ll be the result of years of political decisions that have left workers without any money.
This week, world leaders and corporate royalty descend on Davos for their annual forum on ‘solving global challenges’ – but the biggest problem the world faces is them.
Millions of households are living in fuel poverty, and it’s only set to grow worse as government support is scaled back. Last week’s cold snap makes it clear: we need to bring the bills down, and for good.