tag:blogger.com,1999:blog-6263577133333272085.post4114946486981664076..comments2024-03-28T11:04:16.315+00:00Comments on Boffy's Blog: Lessons of The Local Elections (5) - The Battle Is between Reaction and Progressive Social DemocracyBoffyhttp://www.blogger.com/profile/08157650969929097569noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6263577133333272085.post-42867201190021002222017-05-12T16:04:19.832+01:002017-05-12T16:04:19.832+01:00Given Corbyn's current trajectory, it won'...Given Corbyn's current trajectory, it won't be far off where you'd put Ed Miliband! Basically, I'd put on the right end of that spectrum those that seek to promote industrial capital at the expense of fictitious capital, but who will not push through the necessary measures of industrial democracy, and economic planning and regulation to put the economy on at least the kind of rational basis that is possible within a continuation of capitalism, for fear of causing a financial panic.<br /><br />On the left end, I would put those who are prepared to set in place a real industrial strategy that introduces macro-economic measures of regulation and planning, but who will also put in place the necessary measures of industrial democracy that would take controlling power over industrial capital from shareholders and other money lenders. That would mean having company boards wholly elected by the workers and managers employed within the company. But, it also logically requires a commitment to do that on a wider than national basis, at least as far as a country like Britain is concerned.<br /><br />Large economies like the US, and China could probably pursue some kind of progressive social-democratic agenda, but smaller countries like Britain and other EU nations, could only undertake a rational progressive social-democratic agenda on this wider continental basis, because it requires a large enough area in which to implement common fiscal and monetary policies etc., and to prevent money lending capital from simply moving to other countries etc.<br /><br />Of course, as far as socialism itself is concerned that would require even further co-operation on a much larger scale.Boffyhttps://www.blogger.com/profile/08157650969929097569noreply@blogger.comtag:blogger.com,1999:blog-6263577133333272085.post-50789693289262949212017-05-12T09:18:58.265+01:002017-05-12T09:18:58.265+01:00If the spectrum of conservative social democracy r...If the spectrum of conservative social democracy runs more or less from Blair through the Lib Dems to Cameron, then what are the limits of progressive social democracy (don't know about the left end, but I'd put Ed Miliband on the right end), and where on that spectrum is Jeremy Corbyn situated?George Cartyhttps://www.blogger.com/profile/12170378024031141482noreply@blogger.com