The manifesto was titled:
IT'S TIME FOR
FOR THE MANY NOT THE FEW
Such messages will stand the test of time - and we need them all the more as the consequences of global warming become evident.
|Bushfires across Australia in their summer of 2019/20 - climate catastrophe arrives|
The Foreword carries Jeremy Corbyn's name but it could have been written by anyone who cares about the plight of this country and all the other nations where the quality of life for so many has been adversely affected by neoliberal economic policies that put the pursuit of profit before the welfare of the citizen.
"The last decade has seen a wealth grab by a privileged few, supported by the Conservatives, at the expense of the majority. The big polluters, financial speculators and corporate tax-dodgers have had a free ride for too long ….
" I am not prepared to continue to see more families without a proper home and more people queuing at food banks or sleeping rough on the streets.
I am not prepared to put up with communities blighted by lack of investment, endless cuts to
vital services and millions struggling to make ends meet, while tax cuts are handed to the richest.
We can do better than this. How can it be right that in the fifth richest country in the world, people's living standards are going backwards and life expectancy is stalling?"
William Keegan, the senior economics commentator for The Observer, makes the point that back in the bad old days of 1974 when the unions were getting above themselves and Edward Heath and the Tories took on the coal miners and declared the three-day week to conserve electricity supplies, the average growth of productivity in the UK was 2-2.5%. Since the financial crash of 2008 and under successive Conservative governments (including the Coalition) since 2010, that figure for average growth of productivity has been 0.3%. (The Observer, p.57, December 29, 2019) Keegan goes on: '... since 2010, the cuts to public services (other than the NHS) have amounted to 21%. No wonder we see social chaos all around us'.
And yet still the Tories were re-elected! With a much increased majority! When will we ever learn?
|A manifesto filled with hope and sanity|
We need to learn quickly - and act fast. We face a climate change emergency on our planet, Earth. I bet those Australians who are seeing their homes destroyed by bush fires never realised the threat would hit them this hard, this fast. We all face the certainty that if we live long enough we too will be waking up to climate change emergencies in the near future that will radically change the course of our lives. Our children and our grandchildren face this inevitable future.
And yet - when the media staged a climate change election debate, PM Johnson was notable by his absence. The Tories are not going to be the turkeys voting for Christmas; their economics are centred on short-term profit making; they are not interested in the sanity of longer-term calculations that address our very survival as a species.
|If the cap fits ….|
Our socialist Labour manifesto understands this reality:
"The climate crisis ties us all into a common fate. This election is our best hope to protect future generations from an uninhabitable planet. The Intergovernmental Panel on Climate change has said we need to cut global emissions in half by 2030 to have a chance of keeping global heating within safe limits - that means acting now, and acting decisively.
The Tories wasted a decade by serving the interests of big polluters. Labour will use the crucial next decade to act. The Tories slashed support for renewable energy while pushing through dangerous fracking …..
That's why Labour will kick-start a Green Industrial Revolution that will create one million new jobs in the UK ….. We will show the world how prioritising sustainability will not only deliver immediate improvements to everyone's lives but also offer humanity a pathway to a more equitable and enlightened economy: one that protects our environment, reins in corporate power, revitalises democracy, unites our communities, build international solidarity and promises a better quality of life for all. The scale of the challenge requires nothing less."
|Early planning - autumn 2019|
Cometh the hour, cometh the woman. The key thinker behind these first twenty or so pages in the manifesto devoted to the climate emergency is Rebecca Long Bailey, who yesterday announced her candidature in the election of the new leader of the Labour Party.
"Labour will create a Sustainable Investment Board …. We will ask the Office for Budget Responsibility to incorporate climate and environmental impacts into its forecasts so that the cost of not acting will be factored into every fiscal decision …..
We will launch a National Transformation Fund of £400 billion …. Of this £250 billion will directly fund the transition through a Green Transformation Fund dedicated to renewable and low-carbon energy and transport, biodiversity and environmental restoration.
We will create a National Investment Bank, backed up by a network of Regional Development Banks, to provide £250 billion of lending for enterprise, infrastructure and innovation over 10 years …..
Just 100 companies globally are responsible for the majority of carbon emissions …. We will change the criteria a company must meet to be listed on the London Stock Exchange so that any company that fails to contribute to tackling the climate and environmental emergency is delisted."
And how will all these policies be financed? John McDonnell, the shadow Chancellor of the Exchequer, issued a booklet detailing the mechanisms for funding to accompany the manifesto. 'Funding Real Change' makes a convincing case that, in the UK and other similar advanced economies, governments will be able to borrow and invest more while at the same time being fiscally sustainable. Investment spending, using money borrowed at low rates of interest, raises the productive capacity of the economy. People earn more and pay more in taxes proportionately. Demand is boosted; a virtuous circle is created. Borrowing for investment is necessary for a healthy public sector and a healthy economy as a whole.
Other key features of this Green Industrial Revolution are outlined below:
- Levelling Up Across the Country
|Wind turbines - a common sight in my Cornwall|
- Industry and Innovation
|Most people in national surveys support the renationalisation of the railways - socialism is popular: that's the elephant in the room for Tories.|
- Animal Welfare