Skip to main content

Jeremy Corbyn is wrong about nationalisation

Jeremy Corbyn is wrong about nationalisation.  He is carried away by the reception he gets in the bubble of left wing politics.  It was a mistake made by Michael Foot as leader of the party.  He convinced himself that the public mood was swinging his way because of the rapturous reception he received at rallies up and down the country.  The faithful cheered, but voters turned away and Labour became unelectable.

Nationalisation isn't socialism.  There is more socialism in 'wider share ownership' than in nationalising major companies.   In that sense Mrs Thatcher was more socialist than any party wishing to nationalise major companies. Jeremy Corbyn seems intent on taking the Labour party backwards whilst what the country needs is a forward looking party that recognises and understands the changed economic and social landscape, and has real answers to the problems we face.  Nationalisation isn't the answer.  What people need is enhanced opportunities for education, for work, for housing and social and health care.  Reverting to the politics of the 1970s doesn't offer that.  It fights old battles with old and tired ideas.

Labour can do nothing if it reverts to being a party of opposition and protest.  It needs to reach out to voters who are not 'socialist'.  It demonstrated it could do this and win in 1997.  Jeremy Corbyn is critical of New Labour, but New Labour introduced the minimum wage,  reduced pensioner poverty, increased spending on the NHS and brought waiting lists and times down.  Labour could not have achieved that by sitting on the opposition benches remaining 'pure'.   Jeremy Corbyn and his supporters regard New Labour as a 'cancer' or 'virus' in the Labour party.  Symbolic of this was the change in Clause 4 section 4 of the Labour party constitution.

Clause 4 was itself symbolic.  No modern Labour government had any intention to nationalise banks and major companies.  The problem with Jeremy Corbyn is that he would have such intention. He makes nationalisation an objective rather than a means.

State ownership of the means of production and exchange isn't 'public ownership'.  True public ownership involves more than that.  John Lewis Partnership has more socialisms in it than does nationalisation.  If Jeremy Corbyn had ideas about how to promote such approaches to business structure and ownership he would do well.

Jeremy Corbyn appealed to my heart, but my head told me different.  Now his position on nationalisation has lost my heart.  I won't be voting for him.

Comments

Popular posts from this blog

Palm Oil production killing the planet

Bad trade and bad products are killing our planet. We have said this before on The Thin End. There is no better example than that of palm oil. It is used ubiquitously in so many products, and its production is a major factor destroying rainforests and threatening precious species.

Demand for palm oil is 'skyrocketing worldwide'. It is used in packaging and in so much of our snack foods, cookies, crackers, chocolate products, instant noodles, cereals, and doughnuts, and the list goes on.
Bad for the planet So, why is this so bad for the planet?

The oil is extracted from the fruit of the oil palms native to Africa. It is now grown primarily in Indonesia and Malaysia, but is also expanding across Central and West Africa and Latin America.

Palm oil production is now one of the world's leading causes of rainforest destruction, and this is impacting adversely some of the world's most culturally and biologically diverse ecosystems. Irreplaceable wildlife species like t…

Nicotine exposure in pregnancy linked to cot death

Nicotine exposure during pregnancy, whether from smoking cigarettes, or nicotine patches and e-cigarettes, increases risk of sudden infant death syndrome – sometimes known as “cot death” – according to new research published in The Journal of Physiology.

Sudden infant death syndrome (SIDS) is the sudden and unexpected death of an infant under 12 months of age occuring typically while sleeping. Failure of auto resuscitation, the ability to recover normal heart rate and breathing following gasping caused by lack of oxygen in the brain, has been recorded in human SIDS cases.



Smoking increases risk for SIDS Over the last decade, use of cigarettes has declined significantly, however, over 10% of pregnant women still smoke during pregnancy. Over recent years nicotine replacement therapies, such as nicotine patches or e-cigarettes, have been prescribed to women who wish to quit smoking during their pregnancy. However, nicotine replacement therapies may not protect infants from SIDS. 
With inc…

Maternal depression can impact child mental and physical health

Maternal depression has been repeatedly linked with negative childhood outcomes, including increased psychopathology.  Now, a new study shows that depression in mothers may impact on their children's stress levels,  as well as their physical and mental well-being throughout life.

In the study, published in the journal  Depression & Anxiety,  the researchers followed 125 children from birth to 10 years.

At 10 years old, the mothers’ and children’s cortisol (CT) and secretory immunoglobulin (s-IgA)—markers of stress and the immune system (see below)—were measured, and mother-child interaction were observed.
Psychiatric assessment  The mothers and children also had psychiatric diagnoses, and the children's externalising and internalising symptoms were reported.



Internalising disorders include depression, withdrawal, anxiety, and loneliness. They are often how we 'feel inside', such as  anger, pain, fear or hurt, but may not show it.  In contrast, externalising symptom…