Keir Starmer's time is up
- Thread starter agricola
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littlebabyjesus
one of Maxwell's demons
They are tories. They believe in this model, both Starmer and Reeves.
burtabraham
Well-Known Member
They'll be the ones buying up the farms.
SpookyFrank
A cheap source of teeth for aquarium gravel
Blackrock doesn't actually do anything though. They're just carpetbaggers. They don't invest, they extract.
Smokeandsteam
Working Class First
Both of them are transfixed by the market, by capital and by its ‘achievements’ of the last 45 years. They do not have even any mild criticisms to offer, any sense or recognition of the repulsion that ‘the third way’ generates or any critique or programme for engaging coherently with its diktats.
That’s why Reeves just unthinkingly adopts mental Treasury ideas and why Starmer appears like a rabbit in the headlights when the latest wheeze to satisfy the needs of capital blows up in their gormless faces.
As for their love in with Blackrock…just yesterday as small farmers were claiming that Reeves was trying to destroy them and force them to sell to corporates we see this….
BlackRock accused of contributing to climate and human rights abuses
OECD complaint alleges top firm has increased investments in companies implicated in environmental devastation
brogdale
Coming to terms with late onset Anarchism
Exactly.
The governing administration does all of the work in transferring control and de-risking the monopoly returns for the asset managers.
littlebabyjesus
one of Maxwell's demons
I'd never paid much attention to Reeves before. Reading up on her, she has always been an ideological supply-side economist - and jumped right away from the shadow cabinet as soon as Corbyn arrived. In some ways these two are even more extreme than Blair/Brown were. They are 'the market will deliver', 'rich people create wealth' types. It's not really all that big a leap from Ayn Rand.
These are old ideas, thoroughly discredited each time they reappear. As far back as 1920, it was described as 'horse and sparrow' economics. You feed the horse enough, and it will shit out enough grain for the sparrows to feed on. It was brought back as 'trickle down' economics. What are they calling it this time?
These are old ideas, thoroughly discredited each time they reappear. As far back as 1920, it was described as 'horse and sparrow' economics. You feed the horse enough, and it will shit out enough grain for the sparrows to feed on. It was brought back as 'trickle down' economics. What are they calling it this time?
littlebabyjesus
one of Maxwell's demons
Socialism for the (mega)rich.
Smokeandsteam
Working Class First
Her hatred of Corbyn and McDonnell and even a whiff of social democracy being restored to Labour Party policy was plain. Economically she is well to the right of Blair and Brown who at least recognised that there was a downside to neoliberal economics even while in thrall to it. Reeves is a true believer. A genuine right winger. Economically speaking, a right wing extremist.
and yet, here we are again. Flogging the dead horse again. Investment summits for foreign capital, no wealth tax and the super rich left untouched by the budget lest ‘capital flight’, managing the economy like a household budget, real terms cuts to non protected departments, punishment beatings of kids, pensioners and the unemployed to ‘send the right signals to the market’.
They are not ‘not very good, but better than those Tories’. They are our enemy. They need to be taken on.
littlebabyjesus
one of Maxwell's demons
tbh they believe in universalism even less than the most recent iteration of the tories did. In some important ways, they're worse.
Smokeandsteam
Working Class First
Correct.
brogdale
Coming to terms with late onset Anarchism
As it happens, probably not Black Rock. The small average size & £2m value of UK farms means that they’re not especially attractive asset holdings for them; they’re after bigger, chunkier more rewarding asset holdings like major infrastructural or housing holdings.
There are other asset management corporations that do invest in farmland (inc. Brookfield, Macquarie, Manulife & Nuveen) but this tends to be concentrated in nations with larger average farm unit sizes like Australia, Brazil and the US.
Smokeandsteam
Working Class First
No, no, no it’s a pure coincidence that the meeting between Starmer and Reeves with BlackRock is happening at exactly the same time as small farmers are being taxed off the land…..I mean it’s not like BlackRock even have an interest in corporate agriculture opportunities….
brogdale
Coming to terms with late onset Anarchism
Exactly. People often seem perplexed at the toothless and ineffective nature of the UK’s regulators of the privatised (asset managed) utilities, not realising that they exist primarily to de-risk the investment environment and privilege guaranteed returns on money invested.
Smokeandsteam
Working Class First
Hurtling towards the cliff and pressing harder on the accelerator….
Elpenor
Dancing as fast as I can
Between a black rock (or a cliff?)
And a hard place
Smokeandsteam
Working Class First
Finally, a Labour MP who isn’t dazzled to the point of coma by ostentatious entrepreneurial activities, the flood of easy credit and debt, low-cost imported goods, corporate capture and the peddlers of the anomie of digital streaming and entertainment services.
A Labour MP who sees where Starmer and Reeves uncritical and slavish commitment to a globalised, low pay production economy leads and where it will politically drive those condemned to be surplus pools of population, underemployed, those with collapsing lives and unliveable wages.
A Labour MP who sees where Starmer and Reeves uncritical and slavish commitment to a globalised, low pay production economy leads and where it will politically drive those condemned to be surplus pools of population, underemployed, those with collapsing lives and unliveable wages.
Griff
Feeding the foxes
I saw that last night and thought it was a parody post.
ska invita
back on the other side
I reckon Clive Lewis will have another stab at leader once Sir Starmer is dust
lazythursday
Averagely-Known Member
Bluesky version (assume you can see these without needing an account, unlike X?)
lazythursday
Averagely-Known Member
You think he'll last that long in the party? Whip suspended by end of 2025 I reckon.
Monkeygrinder's Organ
Dodgy geezer swilling vapid lager
There might not be much of a party left to lead at that point tbh.
No, it doesn't work for me.
lazythursday
Averagely-Known Member
What browser are you using? I just tried on a different browser, not logged in to either urban or bluesky, and I could see the embed and click through to the full thread without any restrictions.
littlebabyjesus
one of Maxwell's demons
I used to use safari. It's become increasingly shit over the last couple of years, even when up to date. 'old version of safari' is possibly the worst browser out there.
ska invita
back on the other side
exactly why he might even have a chance!!
This is probably more accurate on the figures for the numbers of farms affected.
The Agricultural Weasel Problem — Adam Smith Institute
Farmers say that around 70,000 farms will be affected by the restrictions on inheritance tax relief in Rachel Reeve’s Budget. The government and their cheerleaders say it will only be a tiny minority, just a few hundred. Who is right, and how do they get such widely different ‘facts’? The answe
www.adamsmith.org
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