Andy the Don
Wise men say only fools..
The hard left with their command economy centralist ideology will never gain power because they do not address the populations need for betterment. Also the command economy cannot give the population the betterment it wants. That is not to say that todays neo-liberal economy is providing it. My generation is the first generation for over 150 years which will have a lower standard of living than our parents. There is a very good chance that the generation after us will have any even lower standard of living. As the environment degrades, oil peaks & capitalism becomes even more "red in tooth & claw" with further government reduction of regulations.
That is not to say that there cannot be a market economy without "left" ideals. Government has been the driving force of teh economy in the past, think the "New Deal" in 1930's America or the Social Democrats of the Scandinavian countries. Current government must reign in the worst excess of neo-liberal capitalism. There is no written law which states that profit must come before ethics or the environment. Or that the private sector cannot make viable profits without degrading the environment or human ethics.
That is not to say that there cannot be a market economy without "left" ideals. Government has been the driving force of teh economy in the past, think the "New Deal" in 1930's America or the Social Democrats of the Scandinavian countries. Current government must reign in the worst excess of neo-liberal capitalism. There is no written law which states that profit must come before ethics or the environment. Or that the private sector cannot make viable profits without degrading the environment or human ethics.

), they might stem soem of the haemorrage of support from what ought to be their natuaral constituency.


sort of face. Of course the left has a long tradition of indepth economic analysis, a lot of which is invaluable to even to those on the right. However, the basis of traditional labour economics in this country, i.e Keynsianism, has been proven to cause more damage than good. The 1970's gave us millions unemployed, double digit inflation and the Bay City Rollers (alright, maybe thats not the fault of Keynes). Today we have, for better or worse, lower unemployment and lower inflation and a generally better standard of living.