Category Archives: Education
He asks how climate change can be tackled effectively, stressing that the poorest countries should not focus on reducing their CO2 emissions, which are already extremely low – three-quarters of the population of sub-Saharan Africa lacks access to electricity, and commenting: For low-income countries, development has to be the priority, and this relies on energy. If that energy is to be green, then OECD countries should take responsibility, providing technology and financial support. “The great global injustice of climate change is that the peoples who have contributed least to the problem are the most vulnerable to its effects”.
Ann Pettifor’s book The Case for the Green New Deal succinctly explains what the Green New Deal (GND) is, where the idea came from, why it’s necessary, and how to make it happen. It was conceived a decade ago by a group of British economists and environmentalists and recently popularised by progressive US congresswoman Alexandria Ocasio-Cortez.
GND measures to decarbonise economies which will create millions of jobs include:
- investment in renewable energy and zero-carbon public transport;
- upgrading buildings for energy efficiency;
- building “smart” distributed power grids to provide affordable clean electricity to all; reorganising the food system;
- ending subsidies to the fossil fuel industry;
- and prioritising basic needs.
But though OECD countries need to cut emissions by 80% over the next decade fiscal revenue isn’t sufficient to finance large-scale green development. Economist and an expert in monetary theory, Ann Pettifor is well placed to describe how the GND can be funded.
With a tightly regulated financial system based on publicly-controlled and accountable central banks, it’s possible to fund a Green New Deal that will eliminate waste, transfer green technology to the rest of the world and build a fairer, more equal society.
Citing China’s effective deployment of capital and exchange control measures, she argues that in order to implement this programme, public control over the monetary system must be regained, offshore capital must be brought back onshore and capital flows regulated and taxed.
The GND represents a set of economic and political reforms that, in combination, form a platform capable of uniting hundreds of millions. As such, it should be a key plank for left parties in Europe, North America and Australia.
Martinez comments: “The cost of failure will be climate breakdown: vast areas of the planet rendered uninhabitable; hundreds of coastal cities (including New York, Shanghai, Hong Kong, Mumbai and Lagos) permanently submerged; food and water scarcity; vicious climate wars; hundreds of millions of climate refugees”.
He ends: “If a Corbyn-led Labour government can implement its version of the GND (labelled the Green Industrial Revolution), this will be a huge boost for the global battle to save the planet”.
“The savage rules of the almighty Market have created the conditions that are speeding us to destruction”: Paul Halas
Paul Halas: “As we approach the 2020s there’s a growing awareness that we need change and we need change now. Running the country according to the savage rules of the almighty Market has created the conditions that are speeding us to destruction”.
In the Western Daily Press (26th April) Paul describes the Conservatives’ genius in persuading millions of long-suffering voters that the national economy operates like a household, so in order for the nation to “live within its means” we all have to tighten our belts.
But this concept – invented by Margaret Thatcher’s think tanks – was directed only at the 99% who always “suffer the destructive effects of austerity” as Halas points out.
The cuts to health, education, transport, disability benefits and other sectors go un-noticed by the I% who can afford to opt out of these systems – symbolised here by one of her ministers.
The household economics concept, Halas continues, ”echoed by every administration since . . . (is) easy to understand yet utterly meretricious”.
He refers us to sources such as the Office for Budget Responsibility, so the writer obediently found the latest report, which certainly did not confirm “the impression that everything in the garden is rosy”. Tax receipts have risen, but there is no indication that “lashings of money are flowing into the Treasury” as had been stated in the same column on 23rd April.
OBR: damned with faint praise?
- The economy ended 2018 growing a little less strongly than we expected in October. In recent weeks survey indicators of current activity have weakened materially, in part reflecting heightened uncertainty related to Brexit.
- The Government’s stated ‘fiscal objective’ is to balance the budget by 2025-26 and past forecast performance suggests that it now has a 40% chance of doing so by the end of our forecast in 2023-24.
- One risk to the public finance metrics that we do expect to crystallise over the coming months is an improvement in the accounting treatment of student loans . . . we estimate that it could increase the structural budget deficit by around £12 billion or 0.5 per cent of GDP in 2020-21.
- Net trade and private investment were markedly weaker than expected, weighed down by a slowing global economy and Brexit-related uncertainty. Business investment has fallen for four consecutive quarters – its longest continuous decline since the financial crisis.
Halas expands on tax issues and the misdirected quantitative easing adventure:
Although the prime function of tax is to regulate the economy and keep inflation under control, the failure of many of the richest individuals and corporations to pay their dues, thanks to absurdly flabby fiscal legislation, has helped fuel the UK’s runaway inequality and damaged society immeasurably.
It is estimated that 80% of new money created (by the government, via the banks) ends up into the coffers of the financial institutions and their clients, rather than funding investment and welfare as it should.
And ends: “The only sustainable way forward is to invest massively in greener forms of energy and greener transport, to create a greener infrastructure and a greener environment. This won’t be possible without a vast reduction in inequality, more public ownership, more localism, and a far more cooperative approach to economics – all policies the Labour Party is adopting. All those with vested interests will doubtless raise a billion objections, but the consequences of keeping our heads in the sand and trusting the Tories to come up with solutions would be catastrophic”.
Richard House draws attention to a letter by Ruth Steigman published in the Independent this week. She writes
In the 2017 general election, Labour gained 40% of the vote, and the largest increase in its share of the vote since the 1945 general election.
Jeremy Corbyn, who started the campaign 20 points behind in the polls, achieved this result following two years of attacks from all sides, and, in the words of the BBC, “in the face of a brutal onslaught from the print media”.
He had, again in the BBC’s words, “changed British politics” and “showed, amazingly, that Labour did not have to move to the centre to win votes but could do so from the unashamed left”.
Does this totally unexpected result explain the extraordinary escalation in the onslaught from the BBC and other establishment institutions since then?
Do the countless absurd smears stem from the fact that Jeremy Corbyn and his policies are now seen as a clear threat to the establishment in this country?
The Labour MPs opposing him see their power base in the party, established over the past 30 years, under attack, but know that with half a million party members behind him, a further challenge to his leadership would fail.
They do not understand that the era of submission to Thatcherite policies is over.
Anyone standing outside a polling station in May 2017 could see what these Labour MPs cannot: instead of the usual trickle of elderly voters, large groups of enthusiastic and optimistic young people turned out to demonstrate that they were not fooled by many of the unfounded smears of antisemitism, espionage etc, and that they understood the Labour leader was under attack from all sides because he stood outside the establishment, and because his policies threatened the political dogma that had prevailed since Margaret Thatcher won power 40 years ago.
Those who hold power naturally want the status quo to continue untroubled: power never cedes without a fight. But the people are eager for change, and want a government that serves the public, not powerful vested interests.
Jeremy Corbyn’s policies articulate their anger at the failed privatisations of public services, and widespread deregulation. Ordinary Labour Party members want MPs who will not undermine the party’s democratic processes, or sabotage their efforts to achieve a Labour government.
A Labour MP from the left of the party brought us our most treasured institution, the NHS.
Now that the country is suffering in every sphere under Tory austerity – from poverty to knife crime to slum housing – Labour has the policies to prove the BBC correct in their assessment that British politics has indeed changed, and moved, with the Labour Party, to the left.
This prompt led to the discovery of Ms Steigman’s signature below the following testimony in the Islington Tribune
Full text here: Jeremy Corbyn’s speech to the Make UK conference (EEF Feb. 19)
Make UK, the manufacturers’ organisation, is the representative voice of UK manufacturing, with offices in London, Brussels, every English region and Wales
Manufacturing is the beating heart of our economy. For those employed in the sector, manufacturing doesn’t just offer a good job that pays well, it offers creative and satisfying work. But manufacturing needs the right environment to flourish: high quality infrastructure, a skilled workforce, and open and stable trading relationships.
A government prepared to invest in our economy and pursue an active industrial strategy could bring about a renaissance in manufacturing. The next Labour government will start with infrastructure. Our dilapidated transport, communications, and energy infrastructure is desperately in need of an upgrade.
Labour will unleash a massive programme of investment with a National Transformation Fund delivering £250 billion of direct capital expenditure on infrastructure and R&D, benefitting every region and nation of our country, not just London and the South East.
And we will establish a National Investment Bank to make available a further £250 billion over 10 years in the form of patient capital lent to small and medium-sized enterprises in line with the priorities of our industrial strategy, providing funding for green industries and the technologies of the future.
How can we mobilise industry to help avert the destruction of our climate?
Let me give you an example of the change we need. To avoid climate catastrophe we have to reduce our net emissions to zero by 2050 at the latest. That’s not going to happen by itself. It requires large-scale public investment into renewable energy and home insulation, which will in turn create new opportunities for private enterprise.
This is not a burden. It’s an opportunity to kick-start a Green Jobs Revolution.
Labour’s plans will create at least 400,000 skilled, unionised jobs and bring about a seven-fold increase in offshore wind, double onshore wind, and triple solar power. These new manufacturing and engineering jobs will bring skills and opportunity to parts of the country that have been held back by decades of neglect.
Technology and manufacturing don’t have to be a threat to the environment. Our responsibility is to develop the next generation of technology that will help us preserve our natural world.
Labour is committed to investing on a scale that will transform our economy. Those policies won huge public support at the general election 18 months ago. I’m disappointed that a small number of MPs yesterday decided to take a different path.
But university fees, the scrapping of grants, and cuts to training have made education less accessible just when we need a highly skilled workforce more than ever. So today I am proud to announce the appointment of our Commission on Lifelong Learning to help make the principle of lifelong learning a reality.
The Commission will bring together 14 experts from across education – top names in their fields – including Make UK’s very own Chief Economist Seamus Nevin. It is co-chaired by the former Education Secretary, Estelle Morris, and the General Secretary of the Communication Workers Union, Dave Ward. Lifelong learning will be available to everyone no matter their background. It will make detailed proposals on how to integrate qualifications, introduce a credits system to make qualifications transferable and make it as easy as possible for people to pick up or pause their studies at times that work for them. Under a Labour government workers will never again be left feeling discarded because there will be an industrial strategy creating good, well-paid jobs and training to help workers learn new skills.
I strongly believe there should be genuine parity between vocational education and academic education.
We have to end the outdated grammar school mentality of looking down on someone who does a vocational course and looking up to someone who does an academic course. I see the skills of electrical work of computer work of design work learned through vocational courses as just as valuable as academic courses taken at university. We need all of those skills in our society. In Germany, where they really value engineering, they say: “You’re a clever kid – get down the metal workshop.’’
We ask employers to step up to invest in their workforce too.
Last week I visited the gear manufacturer Beard and Fitch in Harlow, and met Carol, a supervisor who is partially sighted. She was doing the final checking and polishing of the gears, and she had been provided with big screens to help her do her work. That’s a sensible employer who has made an investment in someone who was very good at her job. And it was paying off.
Earlier this month I wrote to the Prime Minister laying out Labour’s alternative plan based around a permanent customs union with a British say in future trade deals, a strong relationship with the single market and full guarantees on workers’ rights, consumer standards and environmental protections. Later this week I will travel to Brussels to discuss it with Michel Barnier and others. Labour has consistently advocated a comprehensive UK-EU customs union to deliver frictionless trade and protect supply chains that stretch across the continent. Disrupting those supply chains would threaten good businesses and skilled jobs that we can’t afford to lose.
Concerns about a ‘no deal’ crash go well beyond the car industry. Take food and drink, which is actually the UK’s largest manufacturing sector. It needs frictionless trade for perishable goods, where time is of the essence. Or steel. Half the steel we produce is exported most of it to the EU. A disastrous ‘no deal’ Brexit would mean trade restrictions on virtually all steel companies’ export markets. And while the big household names get all the media attention, it’s the small and medium-sized manufacturers who will find it most burdensome to adjust to new customs arrangements.
Brexit has crystallised a choice about the kind of economy we want. On the one hand, the harsh economic environment fostered by the Conservatives: low investment, low productivity, low growth and a damaging trade deal with Donald Trump. On the other, Labour’s investment-led approach, underpinned by a close relationship with our European neighbours, in a rebalanced economy that no longer privileges those who lend and speculate over those who make things.
These are anxious times for manufacturers. But the future doesn’t have to be one of decline. With a government that believes in and supports industry, manufacturing will be the engine of innovation in the green economy of the future. Infrastructure, skills, certainty. That’s what manufacturing needs. That’s what only Labour will deliver.
Message received on Mon, 12 November: David Bailey presented Economics for the Many (link to slides) at an interesting event at the WM Labour Party regional office. Over a hundred people came and there was a great discussion.
Professor of Industrial Strategy
Aston Business School
The Aston Triangle, Birmingham, B4 7ET, UK.
tel: +44 (0)7981 925713 or +44 (0)121 204 5262
David’s Blog: http://www.birminghampost.co.uk/authors/david-bailey/
2nd August: already has over 55,000 ‘views’; go to https://twitter.com/jeremycorbyn
Ten slides, ends:
‘For the many, not the few’: American socialist Alexandria Ocasio-Cortez, unseats the chair of the Democratic Caucus
Alexandria Ocasio-Cortez, a member of the Democratic Socialists of America (DSA), was elected in a New York primary, becoming the Democratic Party’s candidate for Congress and unseating Joseph Crowley, chair of the Democratic Caucus in the House.
Shelly Asquith describes this as “an election result that sent shock waves through the US political system . . . “
She adds that Crowley’s campaign outspent Ocasio’s 18-1, with donations from corporations including Google, Facebook, Morgan Stanley and Bank of America.
Max Crema, a Labour Party member, commented: “Most people in his extremely diverse district have no idea who he [Crowley] is — he doesn’t even live there. He’s just like the rest of the party’s elites … Democratic voters are sick of being taken for granted.”
Running on a platform of free healthcare and university education for all and the abolition of the immigration enforcement department, Ocasio refused corporate funding, instead relying on small donations and a community organising operation.
She will now stand for Congress in Queens and the Bronx, a district that is considered safe for the Democrats. Her win against Crowley will have given fresh hope to Bernie Sanders supporters who hope that he will stand in 2020.
Shelly is reminded of Jeremy Corbyn’s first leadership election: “The role of getting students and young people involved couldn’t have been easier: the policies were enough. “The campaign’s energy was wild! Driven almost entirely by young people, the campaign brought together seasoned activists, many of them DSA members, with people newly energised by Alexandria’s passionate championing of progressive ideals: universal healthcare, abolishing ICE and taxing the rich.”
In Ocasio’s viral campaign video she used the slogan “for the many”. Max Crema confirmed that the campaign did look to the Labour Party:
“Jeremy Corbyn’s repeated victories as Labour leader have been an inspiration to the American left. As much of our country descends into xenophobia and racism, his bold vision for the future has been taken up as a rallying cry.”
Elsewhere in New York, another socialist candidate is vying to unseat another sitting Democrat. Cynthia Nixon is standing for Governor on a similar platform to Ocasio. Labour’s manifesto slogan ‘For the many, not the few’ has been used in her campaign -see her website.
Shelly continues: “What can we learn from this? Young, working-class, migrant communities in particular are leading a revitalisation of socialism in America, especially in the big cities. Like the Labour Party, the Democratic Party is changing. Proximity to the establishment and big money won’t wash, and people are calling out for candidates that cannot be accused of ‘you’re all the same’ “.
As a visit from Donald Trump on July 13th looms, she wonders if the next time a US President visits the UK it would be Bernie Sanders (or a Sanders-ite) visiting Corbyn at Number 10.
And ends: “What a very special relationship that would be”.
Who is to blame for Labour’s current problems? Not Jeremy Corbyn, but selfish, self-indulgent right-wing New Labour MPs refusing to do their handsomely paid jobs and continually undermining him – fuelling the flagrant press and TV who are biassed against him, serving a privileged Establishment terrified at the prospect of a Corbyn victory putting an end to their greedy, tax-evading ways.
Blair and right-wing Labour MPs ‘took over’ the party’ in the 1990s, eventually rendering it indistinguishable from the Tories. Labour lost five million core voters – a major reason for the 2010 and 2015 defeats.
Corbyn in York, May 2017
Many are now returning to Labour as they see Corbyn bringing Labour back to the Party’s original values, in a forward-looking way. Corbyn has attracted at least 350,000 new members, which at approaching 600,000 makes Labour Europe’s largest political party.
He has inspired many people, young and old – people with no previous interest in politics, to whom he relates, unlike previous Labour leaders. All are far more likely to vote for a Corbyn-led party.
Non-voters, mostly the poorest in our society, felt the previous Labour Party would be of no help to them. Corbyn is determined that everyone should have a better life.
In Corbyn’s first nine months as leader, Labour provided strong and effective opposition, forcing numerous embarrassing U-turns, defeating the Tories at least 22 times and preventing some of their worst excesses.
A Corbyn-led Labour Party represents ordinary people, ‘the many’, the 99% and won’t give tax breaks to multi-millionaires whilst children go hungry and ever-more working people have to resort to food banks.
Wanda urges all to get behind him with all the support we can muster, to help this good man deliver his vision for a better, kinder, fairer and more equal society, where everyone has the opportunity to thrive.
Jeremy Corbyn spoke at Labour’s conference in Llandudno on 22nd April and received a huge standing ovation, in spite of the relentless media efforts to portray him negatively while often ignoring or even covering up the disarray on the government’s front benches.
A transcript is not available but his 2017 speech is well worth revisiting: http://jeremycorbyn.org.uk/articles/jeremy-corbyns-speech-to-the-welsh-labour-conference/
What Labour in Wales has achieved:
A health service free from unnecessary top-down reorganisations and privatisation where your hospitals are not struggling with record deficits due to the legacy of PFI. The NHS in Wales is treating more people than ever before and 90% say they received good treatment
- Free prescriptions for all
- A new treatment fund setup for life threatening illnesses
- On cancer waiting times, Wales is doing better than England and cancer survival rates in Wales are improving faster than anywhere in Britain
- You’ve protected the social care budget which has been slashed in England
- and there are good industrial relations in Wales: no strikes provoked and no operations cancelled unnecessarily
We strongly support the doctors who don’t want patient safety to be put at risk. Last week I had the privilege of spending a couple of hours with a group of junior doctors. Let’s be clear, they are not “junior” they are dedicated, highly qualified people on whom we all depend. They are alarmed at the direction the NHS is taking.
As a parting gift they gave me this book “How to dismantle the NHS in 10 easy steps” which starts with an internal market and ends with an aim of introducing universal private health insurance.
As Nye Bevan said: “Illness is a misfortune, the cost of which should be shared by the community”.
In Wales you have built an education system that has just delivered the best ever GCSE results
- new schools are being built
- primary school pupils get a free breakfast
- the poorest college students still get the education maintenance allowance (EMA)
- And where Welsh students aren’t shackled by mountainous debt and where grants are being maintained.
English students leave university with an average £22,000 more in debt than Welsh students; that is a shocking burden that shackles young people as they start in life. It is no surprise that home ownership has collapsed.
Jobs Growth Wales has helped 15,000 young people into work
- The Young Entrepreneurs Bursary has helped young people to setup over 400 businesses in Wales and your plans to deliver 100,000 quality apprenticeships.
- the Bay Campus at Swansea is already reaping the benefits of high tech jobs in the area.
The Institute for Fiscal Studies says that tax and benefit changes in the last five years have left the average Welsh household £560 a year worse off.
Tax cuts for the few, the super-rich and big business public service cuts and welfare cuts for the many. We have gratuitous inequality in this country the average pay of the top chief executives compared with the average worker has risen from 47 times in 1998 to 183 times last year.
For too many people in the UK who aren’t the super-rich elite and there are quite a few of them, life is wracked by insecurity, at work and at home, Labour believes that we only succeed if we all succeed together.
The impact of this insecurity on people’s lives can be huge, it affects people’s physical and mental health.
The Tories have failed to invest in modernising the economy, we are way behind other countries on our digital infrastructure, our transport, our energy system and our housing.
70 Labour councils have committed to eliminate all carbon emissions by 2050 – including major cities like Edinburgh, Manchester, Newcastle, and Liverpool and here in Wales in Swansea, Torfaen and Caerphilly. And Labour in Wales has set out a clear energy policy, Energy Wales: A Low Carbon Transition and is supporting decentralised energy production through the Local Energy Service.
The Conservative government continues to fail to invest in renewable energy cut subsidies for the nascent solar industry but increased them for fracking and for diesel generators.
If our investment in flood defences had been continued, retaining the senior staff employed to make decisions in these emergencies and protecting the emergency services who responded to save lives and homes during those difficult days and weeks, we would not have seen the level of destruction and flood damage that caused such anguish to so many people as their homes were damaged and their belongings ruined.
Transport infrastructure is absolutely crucial to industrial development and growth. I praise the Welsh government in its support in re-opening and improving valley railway lines, the plans for the improved metro links in the south west of Wales and the crucial need to improve the North Wales line and road links.
We have already challenged the government and won on many important issues:
- We forced them to take a U-turn on cuts to working tax credits meaning 3 million families will no longer be hit this April with a £1,000 cut to their family income
- We made them backtrack on plans to further cut police numbers in their Autumn statement
- And we stood against the horrendous proposal that the UK would run Saudi Arabia’s prison system for them
Our party is one of social justice every child deserves a good education every student the option to study at college or university everyone deserves a decent and secure home to live in nobody should ever be left destitute the grotesque levels of inequality are unjustifiable and must go.
We are living through an era of the most grotesque deepening inequality in Britain and the West. The cynics say that inevitably the next generation will be worse of that this, I say this is not inevitable and not necessary as socialist our duty is to expand the wealth but crucially to share it so the next generation is better off than this one, and our grandchildren will be better off than our children.