A brilliant article, you must read please. The article argues that Labour’s leader will badly disappoint his young supporters, with the bourgeois realing from two radical experimemts, hardcore socialism and Brexit.
This is a balanced and well researched article. It supports many of the arguments found on this blog – remember we were first with the ‘Pied Piper of Islington‘.
The Economist touches the nerve whilst focusing on the bourgeois because they will be bitterly disappointed with Corbyn and hardcore socialism. Meanwhile, the Economist argues that if the Conservatives can pick themselves up off the floor, with a new and younger leader, offering radical policies to win back the doubters:
- Update its promise of a property-owning democracy to suit the new generation
- Ageing cabinet members who have done well out of the past 30 years should be replaced by young people who might have some experience of student debt and out-of-reach house prices
- The Tories need policies for the frustrated middle class, particularly building new homes, including on the green belt.
- They also need to expose the contradictions of Corbynism. Mr Corbyn’s policies would quickly kill the bourgeous dream
- Empowering trade unions would produce disruption, particularly of public services
- Abolishing university fees would make it harder for Britain to compete as a knowledge economy
- Drastically increasing public spending would damage international confidence and risk capital flight.
The bottom line is that the most likely outcome is the worst case scenario, namely hardcore socialism and hard-Brexit because the Tories are trapped in a bubble. And a radical Far-Left government could be in power this Autumn on the back of UK revolution.