Presently the wealthy establishment run the show. They have created a system that channels all the wealth into their pockets and gives the Middle classes and Working classes as little as they get away with.
It has created gross inequality that is just short of huge social unrest.
During the decade of austerity the wealthy have continued to harvest their vast incomes while the poor (particularly the public servants and those in extreme poverty) have been scapegoated and pick up the bill for the mistakes made by wealthy bankers (who, instead of being locked up for their misdemeanours still received their huge bonuses).
The Tory Party represent these people and the media are owned by them. This is how they control the populace.
If a Socialist Government becomes elected they threaten to withdraw their capital and bankrupt the country. It is a form of blackmail. It proves very effective. By taking their wealth abroad and starving the country of investment they can then use their media to say to everyone that Socialism doesn’t work. They hold it up as an illustration.
In fact Socialism would work fine if they hadn’t sabotaged it.
The wealthy simply do not want to share their loot. They want to keep it just like it is. They don’t want a fairer system.
I believe this blackmail is immoral.
The dilemma for the Labour Party is how to bring in a fairer system which cannot be undermined by the wealthy and their greed and selfishness.
I agree, Opher. Too bad there isn’t a way to prevent obnoxious tories from moving their money offshore. Perhaps outing them publicly would help.
Well it couldn’t do any harm John – but I think that we need to set up an investment bank of our own to fund projects and bypass those greedy investors.