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Jeremy Corbyn, NEOLIBERAL SELLOUT

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Looking through the Labour Manifesto, I noticed this passage:

Our manifesto is fully costed, with all current spending paid for out of taxation or redirected revenue streams. Our public services must rest on the foundation of sound finances. Labour will therefore set the target of eliminating the government’s deficit on day-to-day spending within five years.

AUSTERIAN DEFICIT HAWK!

Seriously, whether this is good politics in the British context, I have no idea. But I will observe that plenty of successful left politicians — most notably in the American context, FDR in 1932 — have used the language of fiscal responsibility. If it makes higher taxes and an expanded welfare state an easier sell politically, I’m fine with it.

I would also urge taking a look at the Manifesto (summarized here.) There are a lot of good ideas in it — I especially like the various measures directed at taxing very high, essentially cartel-rigged salaries. I don’t know to what extent (if any) role it’s playing in the tightening polls, but while Corbyn is not the ideal messenger and while too many Blarities are failing to back the leader of the party, I see no reason to think it’s an agenda that can’t be the basis for a governing majority in the future.

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