Starmer's Neo-Liberal Economics

You can only support the current manifestation of late stage capitalism, if you believe that massive inequality of wealth is necessary to wealth creation, or if you believe that the total amount of wealth is unimportant so long as a very small minority are extremely wealthy.

"Trickledown economics" is at heart simply a statement of the idea that massive inequality of wealth is necessary to wealth creation. There is no evidence for it.

The truth is, of course, that the poor ultimately benefit only from the economic activity of the poor. But not nearly as much as the rich benefit from the economic activity of the poor.

Taking money off the poor does not lead to an increase in wealth creation. If you look at the billions the Labour government is seeking to remove from the disabled, that is not only money taken away from them, it is money taken out of the wider economy.

It seems astonishing that the Labour Party has forgotten the entire message of Ken