this post was submitted on 25 Sep 2023
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Could you point to a left-wing policy or regime that has led to political instability and concentration of political powers?
I ask because concepts like worker enfranchisement and more equitable wealth distribution seem to address those problems while unfettered capitalism exacerbates them. It's also worth noting how much democracy is undermined in a system where economic power is tantamount to political power and wealth consolidation is the norm.
On the other hand, are you able to point to centrist policy that effectively reverses the rapidly declining democracy and freedom in say the US?
Post war consensus and the power of workers' unions in Britain during the 1970s? Especially the Winter of Discontent in '78- '79.
The governments of Wilson and Callaghan were still a continuation of the Attlee socialist philosophy which gave public sector unions an immense amount of power in those days.
The general strikes called by the likes of Scarsgill were brutal for the country, I remember, I was there, culminating in pediatric nurses walking off the job and leaving child cancer patients unattended.
The trade unions did have legitimate grievances back then, their pay was paltry, and they hadn't had an inflation adjusted wage increase in like 15 years. I totally support their strikes, but the government's hands were tied, they simply had no money due to a confluence of factors, and eventually the whole country went bankrupt (like Greece) and had to be bailed out by the EU.
While it wasn't pure socialism back then, Britain was still capitalist and deeply classist, it did basically destroy the country to have a lot of the social safety net and public building projects which people like Sanders and Corbyn champion today, along with very powerful unions. I'm a huge proponent of government building houses at a loss in order to give citizens a chance at affordable housing, but doing that for 20 years straight contributed massively to the UK going into financial bankruptcy in the 70s.
Also, giant workers' unions can be a force for unbelievable evil, for example, the police union in the USA.
but in the end it was thatcher gutting the system and an unwillingness of the British capitalist to actually be competitive with the rest of the world, take for example the martial fund, most European nations used the money with use stipulation that often included modernization and a repayment plan, Germany for example stall has many programs funded by the marshal fund because it acts as a loan, the UK instead, in all their wisdom just have it to rich people, in the belief that they would have of their own volition invested it.
Guess what didn't happen? The problem with the UK was that capitalists don't care about actually making anything better, they just care that the ratio of stuff they have is greater than the other person.
I'm not sure I understand, British capitalists were the same before, during, and after Thatcher. They weren't allowed to be competitive prior to Thatcher because so many industries were nationalised, for example auto manufacturing and aerospace.
It was Thatcher who divested and deregulated all those industries, removing central government from being involved in any businesses such as trains, home building, aerospace, etc. Rather than be forced into deals with labour unions, British capitalists were now free to deal in the global market, and immediately began closing British factories because they were uncompetitive and the government was no longer forcing them to remain open or paying subsidies.