Looking a lot like a 2017/2019 Labour manifesto.
Yep, plenty of necessary and much needed reforms in both of those. Not really a “revolution”, more a course correction that recent experiences should have made a no brainier for most people to support. Having said that, 2017 was closer to being acceptable to the “Great British Public” though (despite the “extras” of the 2019 manifesto being right up my street politically, they moved Labour away from not towards many voters).
Democratic control of the Bank of England
Seriously?
Seriously?
Absolutely. Bank of England independence is a sham. Designed to abrogate responsiblity for monetary policy from the government of the day and empowers the BoE to make macroeconomic decisions which favour the financial elite in the city. It holds far too much power which has a direct financial impact on the lives of everyone in the UK for it to not be under democratic control and accountability.
It is under full democratic control. It does as it is told. All its targets are set by government. It can only act as instructed by the government.
I think it’s called the English civil war because it was caused by events in England
England and Wales were the last to kick off.
It started in Scotland with the Bishops war after Charlie tried to enforce control of the church there and did rather poorly (not least because he was using just his own funds since he didnt want to recall the English parliament to raise taxes)
As that started to die down the Irish rebellion started. This was partly due to the success of the Bishops war since the Catholics in Ireland felt threatened by the Covenanters and also that a heavily protestant English parliament was gaining power after they had to be called due to the Scottish failure.
Its increasingly referred to as the war of the three kingdoms to cover the entire period with the English civil war being just one component.
Getting away from Binners obsessive ranting and back to what a British revolution would look like.
Something that the British "Establishment" (crap term but given the length of time its the only one which sort of fits) has been very good at historically is bending just enough to stop violent revolution breaking out. The Great reform act is a good example as are some of the changes both post WWI and WWII.
Which brings us back to the present day. Is Truss and her supporters capable of that careful giving just enough to deflate the sails?
A "fun" thing about revolutions is with almost all of them people generally do just want minor reform but the intransigence of those in charge forces matters to far. Again with the war of the three kingdoms very few of the prominent rebels actually wanted Charles dead. He was given chance after chance and it was only when it became clear his belief in the divine right of kings made him utterly incapable of compromise was he finally killed (after trying to do a deal with the Scots).
It is under full democratic control.
So who is holding it to account for its ridiculous decision to raise interest rates? You have far too much faith in these systems and the people in charge of them.
No idea what your last accusation is about [My faith in what?!? In who?], but the government sets the remit the BofE has to follow. If an interest rise is wrong at this time (and I think it is) that is ultimately down the government and the targets it has set for the people it has put in place at the BofE no longer being appropriate for the state of the UK economy and wider world economic changes. Our public sector is full of roles where the day to day decisions are made at “arms length”, but by people chosen and told what do by our elected government. The buck ultimately stops with those we* vote for. They have full control in the end. How democratically we choose them, and how we hold them to account… now that’s another question.
[ *a significant minority of us anyway ]
I thought I saw the Eiffel Tower once, but it was only Binner's hard-on for Corbyn!
