Monday, 19 April 2010

Manifesto lesson 2

Our policy on the economy starts with some assumptions. Firstly, the present system is bust and is only working in fits and starts. The collapse of last year is just a symptom.
The frequent failures come from irresponsible financial speculation (casino capitalism), forgetting that resources are finite, and not grasping the implications of increasing inequality.
The Green economy ties money to goods, resources and services. It promotes equality and fair shares, and balances the books honestly against the future.
This is not a doom and gloom scenario. It creates jobs - in abundance, promotes well being and good health and reduces the reasons for international disputes and conflict.

OK, sounds fine but what of the realities? The details are on pages 8 to 11 of the Manifesto , and include
  • paying back the debts (50% by 2013)
  • regulate the financial sector more stringently
  • protect public services
  • reverse the trend of falling taxation levels

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