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Yeah, who on earth came up with that?! They are literally about to give £400 to every household to mitigate for rising prices within the energy market. It absolutely is NOT free market economics, let along economic 'far right'. I agree they are firmer believers in free market economics than Johnson, but still.. (which interesting dont fit on the far-right scale at all. What we call the far-right are nearly always believers in state intervention)
The issue for the Tories is, 'its not what you know, it's what you can prove in court'. The next few years are going to be noticeably shit for 80+% of the population whether the Tory policies have their desired effect or not. I can't see truss winning an election on 'look we stimulated less of a recession than their would have been' while people are losing their homes and livelihoods.
The big mistake was the 45% rate, it has set her in stone in the eyes of public as somebody who isn't on their side.
I think labours messaging of partnering with business but holding it to account (and retaining a stake in the output) is exactly how almost everybody in this country thinks it should be run.
It's a ridiculous chart. There isn't really 'far-right' economics. 'far-right' parties are usually as pro state-intervent as left-wing parties.
Far-right economics, if such a thing exists (we would normally call it liberal) would be all about flat rates of tax at very low levels, zero-market intervention and things like that. That most definitely is not what is happening, even if it could be considered a small step in that direction, which is debatable..like I said, borrowing to give everyone £400 to mitigate the costs of the energy market isn't a move in that direction at all.
It's a bizarre and inaccurate chart
The biggest problem the Tories have with Truss is that she's essentially fake. She has gone virtually through the full gamut of political stances from anti-monarchist lefty to active Lib Dem supporter, to right leaning Remainer to reformed Brexiteer to right wing fantasist. If nothing else she sure is transparent.
Even down to her appearance she has cultivated a repositioning of herself as a new Thatcher all as part of the plan which she has succeeded in achieving of reaching the dizzy heights. Few people believe Liz Truss truly believes in anything apart from a passionate love of ...Liz Truss. The way she laps up the attention of the media in photo and video exchanges betrays her true self.
All this doesn't matter too much if her government achieved better living conditions for the majority of the country. People would vote for her despite herself. But ,as now, it's when things go wrong that matter and it's where she and her party face a massive problem.
Because she's a chameleon she has a low and likely waning support base. Because she is seen as being devoid of charisma she does not enthuse enough of the electorate. She is not seen as bright, communicative nor competent. She doesn't even have the support of the majority of the Parliamentary party.
I think the Tories only possible chance of avoiding catastrophe is to oust her soon and maybe get someone at least competent to lead. But of course if they do just that then that will likely be seen as an admission of failure and could hasten their demise in itself.
It's lucky for us common folk that an insidious global cabal, with a plan that will wreak utter havoc and destroy our way of life as we know it, have plans that are easily unearthed via google and people with a Twitter account.
I bet you a tenner the Great Reset, as the dystopian 1984-esque future you believe it will be, doesn't happen.
Of course if I'm wrong it doesn't matter because tenners won't exist any more
What I feel could be be an undoing of Truss et al is a misreading (or arguably a knowingly and opportunistic use) of what I feel the broad lurch of support towards Brexit represented for the average person that voted for it.
To be a little reductionistic, to me, Brexit was (is) about people wanting a greater sense of security from and a voice in the running of their state. What Truss represents, again being reductionistic, is what the “Singapore on Thames” / “ERG” model of Brexit represents - essentially, the further rolling back of the state. What I always found interesting during the referendum run in was how little this vision was articulated or pushed, knowingly or not. Take the most emblematic image from the campaign - the NHS bus.
Personally, I feel this was tactical or strategic because that isn’t what I think, at least, was what the “average” Brexit voter was about or wanted as an end point. I think broadly Covid and the response to it has compounded this too. People want their state to provide security and stability. It was about taking “control” not giving it away.
Boris’ “levelling up” agenda tapped into this, about areas left behind that yearned for greater prosperity and better (arguably more) public services. This was the “red wall”/Brexit pitch to me, however shallowly thought out and underdeveloped it was. Apart from those newly sworn in MPs oop north, and the cleansing of Brexit non-believers from the party, the now outsized flank of the party were ideologically opposed and uncomfortable with this. To my mind, Truss et al are using this moment - perhaps as a last gasp and roll of the dice - to ram through their vision of what Brexit allows them to try and realise.
I take your point but the energy intervention is flat rate, Richard Branson gets the same as Wayne and Waynetta. It's a confusing mix no doubt but a progressive or left approach wouldn't be to give millionaires and billionaires the same package as those who actually need support.
I don't remember anybody questioning whether there could be far left economic policy when Corbyn was leader of the opposition so the idea that far right economics can't exist just confuses the situation.
I have always liked the political compass matrix of left to right economically and authoritarian to libertarian socially because even if you think there should be a finer nuance applied, it is at least clear what it means.
Yeah, but that does take time to implement. The govt is also investing record amounts in a socialised healthcare system. I dunno, they are definitely more 'economically liberal' than Johnsons govt, but I think that chart is well off, and putting 'far right' on the lower axis is plain wrong. It conjures up images of fascist parties etc, which absolutely were not free market economists.
Looks like it's been labelled to be shared on twitter tbh.
This bully
https://en.wikipedia.org/wiki/Daniel_Kawczynski
Was on Newsnight last night talking about “the good years” between 2010 and 2019