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A vision for the future.

(209 Posts)
DaisyAnneReturns Wed 19-Jul-23 14:30:33

Tony Blair's Future of Britain conference has come round yet again. I'll try and give you the links to each of the speakers. This first one is Tony Blair speaking to Kier Starmer.

www.youtube.com/watch?v=q6AXspycKyo&list=PLd9TfSxRj7iL1t8f3_0SGwu0Q8ROxKfoY&index=1

Whitewavemark2 Sun 30-Jul-23 10:41:58

I think that it would be very useful and interesting to explore MMT and its critiques more in depth. Tbh.

I have studied the three main ones - classical, Keynesianism and Marxist theories, but that was back in the mists of time and I have never really looked at MMT in any depth, although I’m not sure it would count as another main economic theory as I don’t think that is has anything to say about how whole economies work, but I am happy to be put right on this one.

Grantanow Sun 30-Jul-23 10:08:26

Modern monetary theory MMT is a controversial economic theory and is roundly condemned by both Keynesians and Friedmanites. The notion that a government can continue to print money without adverse consequences like hyperinflation is dangerous, wishful thinking. Weimar printed enough that people used wheelbarrows to carry it around and the consequence was Hitler.

MaizieD Sun 30-Jul-23 09:41:23

If we look at money available to the population of 45million post WW2 and available to the current UK population of some 66 million it is clear that the supply of physical money has expanded hugely and that isn't because it's been 'earned' by trade with other countries.

Money creation in full view.

I am waiting for an alternative explanation from all those who don't believe it.

Casdon Sat 29-Jul-23 19:14:58

I think the key issue for any financial model is whether the institutions, influencers, media and voters have faith in it. Something unproven scares the horses. You only have to look back at what Liz Truss wanted to do to see the impact of getting it profoundly wrong. Something which looks prefect in theory may be the opposite when you try to implement it, because what is perfect model for some isn’t for others.

DaisyAnneReturns Sat 29-Jul-23 19:05:33

I'm not sure going for an unproven monetary policy would win more votes than it losses Maisie. In fact it could loose the election.

However, they would not stop a move to more Keynesian theories if they talk about "fixing the roof while the sun is shining" and "save in the good times to spend in the bad". Such comments would be comfortable for centrists, small "c" Conservatives and fiscally consevative left wingers.

They need those votes.

Glorianny Sat 29-Jul-23 19:02:42

icanhandthemback

MaizieD

icanhandthemback

So, has any country done this successfully?

Has any country done what, successfully?

Created the money and spent it in the way you were talking about, MaizieD.

Well it was done when the bank were in crisis.
The National Audit Office (NAO) estimated that total guarantees added up to over £1 trillion at peak support
en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescue_package#:~:text=At%20its%20peak%2C%20the%20cash,been%20recouped%20over%20the%20years.
Imagine what £1 trillion would do in housing provision.

DaisyAnneReturns Sat 29-Jul-23 18:49:22

"Glorianny".

I didn't presume to see the organisation of London hospitals as anything other than a step on way. Those writing the history of the NHS include this.

We were discussing the fact that government cannot and does not change things instantly. The NHS was simply an example.

All the stones thrown at Starmer only help his opponents. The general assumption is that this government will hang on until the last minute. This in the hope that things will get better. That means the election may not be until January 2025.

Until the election announced, Starmer can do nothing other than oppose. Once it has been announced he can start telling us what has been decided in the way of policies. Even if we get a non-Tory government, we can't guess its makeup and he will not know what is possible until we do. And politics is the art of the possible.

icanhandthemback Sat 29-Jul-23 18:38:28

MaizieD

icanhandthemback

So, has any country done this successfully?

Has any country done what, successfully?

Created the money and spent it in the way you were talking about, MaizieD.

Casdon Sat 29-Jul-23 18:18:08

Ilovecheese

I have just been watching the video and they seemed to be talking about trickle down economics and PFIs.
Keir Starmer seems to think, like a lot of people do, that reforming the NHS will be easy. I don't think saving paper (like he says he did at the CPS) is going to make the difference.

It depends if you buy into the fallacy that reorganising the NHS will solve the issues it has. It’s not the structure of the NHS that is the issue though, it’s the failure to define exactly what is expected of it, and what it won’t do.

Saving paper will actually be one of the most profound improvements possible, if by doing so repetition of the same data is reduced by a fully integrated IT based system, it would save millions of hours of time for professionals every year and a lot of annoyance for patients too.

Oreo Sat 29-Jul-23 18:07:35

Rearranging the deckchairs on the Titanic comes to mind tbh
If tweaking things in the NHS was easy it would have been done already. Real changes need to made which requires a bit of chutzpah.
Tony Blair is now wiser with age but that doesn’t mean all his ideas are great and he isn’t in power or likely to be.
Neither are Brown or Corbyn.The Tories won’t be in power much longer and it will be all they can do to manage keeping things ticking along badly let alone major changes that need doing.
I hope Starmer has the right sort of vision.

Ilovecheese Sat 29-Jul-23 18:05:57

They also seemed to be a bit nostalgic about 1997. Using the different financial situation as an excuse not to spend money on reversing one of the Tories most cruel policies, If the economy was so strong and growing and inflation so low, why didn't we keep the Tories in?

Ilovecheese Sat 29-Jul-23 17:59:11

I have just been watching the video and they seemed to be talking about trickle down economics and PFIs.
Keir Starmer seems to think, like a lot of people do, that reforming the NHS will be easy. I don't think saving paper (like he says he did at the CPS) is going to make the difference.

Casdon Sat 29-Jul-23 17:59:05

Glorianny

Casdon

Glorianny

I apologise if you thought my attack wa on you . As far as I was concerned it was upon Blair and Starmer, both of whom seem unable to appreciate that" tweaks" and minor improvements are quickly reversed by a Tory government.
Had Blair acted to allow LAs to use the money they earned from selling houses to build more we might not be in the situation we are now with such huge numbers homeless.

If a party of whatever persuasion is in power for 13 years they have time to do a lot more than tweaks, and nothing that is happening now that couldn’t have reversed old policies from 2010.
My money is on Blair and Starmer, Brown et al having a far stronger and clear sighted handle on the way forward than you are giving them credit for. I think the issue here is that you don’t share their vision.

I really don't get why the policies of the Tory government come into this and perhaps I don't share Blair's vision because of the complete ineffectiveness of his vision last time.

The Tories come into it because you were blaming the government that exited 13 years ago for the homeless problems today when clearly any policies made before that would have been reversed anyway, so it was a pointless point you made.
I disagree about Blair having a lack of vision when he was in power, history already shows how much was achieved. He got a lot wrong, but also a lot right. He could never match up to your wishes though, and I’d suggest that no party in power in the UK ever will.

Glorianny Sat 29-Jul-23 17:50:14

Casdon

Glorianny

I apologise if you thought my attack wa on you . As far as I was concerned it was upon Blair and Starmer, both of whom seem unable to appreciate that" tweaks" and minor improvements are quickly reversed by a Tory government.
Had Blair acted to allow LAs to use the money they earned from selling houses to build more we might not be in the situation we are now with such huge numbers homeless.

If a party of whatever persuasion is in power for 13 years they have time to do a lot more than tweaks, and nothing that is happening now that couldn’t have reversed old policies from 2010.
My money is on Blair and Starmer, Brown et al having a far stronger and clear sighted handle on the way forward than you are giving them credit for. I think the issue here is that you don’t share their vision.

I really don't get why the policies of the Tory government come into this and perhaps I don't share Blair's vision because of the complete ineffectiveness of his vision last time.

Casdon Sat 29-Jul-23 17:45:53

Glorianny

I apologise if you thought my attack wa on you . As far as I was concerned it was upon Blair and Starmer, both of whom seem unable to appreciate that" tweaks" and minor improvements are quickly reversed by a Tory government.
Had Blair acted to allow LAs to use the money they earned from selling houses to build more we might not be in the situation we are now with such huge numbers homeless.

If a party of whatever persuasion is in power for 13 years they have time to do a lot more than tweaks, and nothing that is happening now that couldn’t have reversed old policies from 2010.
My money is on Blair and Starmer, Brown et al having a far stronger and clear sighted handle on the way forward than you are giving them credit for. I think the issue here is that you don’t share their vision.

Glorianny Sat 29-Jul-23 17:29:53

I apologise if you thought my attack wa on you . As far as I was concerned it was upon Blair and Starmer, both of whom seem unable to appreciate that" tweaks" and minor improvements are quickly reversed by a Tory government.
Had Blair acted to allow LAs to use the money they earned from selling houses to build more we might not be in the situation we are now with such huge numbers homeless.

Primrose53 Sat 29-Jul-23 17:29:49

Diplomat

Agree wholeheartedly EEjit. That man is the greatest champagne socialist ever. Can't bare to look or listen to him.

💯👏👏

Primrose53 Sat 29-Jul-23 17:26:35

It’s KEIR Starmer not Kier. Kier are the people who empty household bins. 😝

Glorianny Sat 29-Jul-23 17:24:39

Sorry link
www.parliament.uk/about/living-heritage/transformingsociety/livinglearning/coll-9-health1/health-01/#:~:text=The%20National%20Health%20Service%20Act,

Glorianny Sat 29-Jul-23 17:21:14

DaisyAnneReturns

So let's take one of your examples, Glorianny
The NHS was not brought about by gradual change, ...

The NHS started on 5 July 1948. Are you suggesting that someone had the idea on 4 July 1948 and that all the planning, law-making, employment contracts, hospitals, etc., were ready the next day?

You seem to know little about the long march towards the NHS. The ideas can be traced back to the 1900s and the Minority Report headed by Beatrice Webb for the Poor Law Commission promoting "a state-run medical system".

As a founding member of the Fabian Society Beatrice, with Sidney Webb, wrote the original Clause 4 of the Labour Party’s constitution. I would have thought you might have come across her.

Planning for real started in the 1930s when the London County Council then took over responsibility for around 140 hospitals, medical schools and other institutions after the abolition of the Metropolitan Asylums Board. By the time the Second World War broke out, the London Council was running the largest public service of its kind for healthcare.

By 1941, the Ministry of Health was in the process of agreeing a post-war health policy with the aim that services would be available to the entire general public. A year later the Beveridge Report put forward a recommendation for “comprehensive health and rehabilitation services” and was supported across the House of Commons by all parties. Eventually, the Cabinet endorsed the White Paper put forward by the Minister of Health Henry Willink in 1944, which set out the guidelines for the NHS. The principles included how it would be funded from general taxation and not national insurance. Everyone was entitled to treatment including visitors to the country and it would be provided free at the point of delivery. These ideas were taken on by the next Health Minister Aneurin Bevan.

So I would very much disagree that plans, laws and implementation can come newly hatched on the day a party enters government.

You appear to have gone into your standard attack mode. Why do you think I neither know nor care about the growth in homelessness and the poverty children live in? You shout, but what does your shouting achieve? Where I have the skills I help.

No one has proposed we "do things gradually". Making up others' words does not help any argument you may put forward.

Planning, drawing out objectives, forming strategies, designing messaging and how to finance the plan, will all have been going on since the early days of Starmers leadership.

Your only real issue is that they haven't told you, me or anyone else what they are. Quite right too. The first step is to actually form a government. Until that happens there is no next step.

(Sources: various)

I suppose you could see the organisation of London hospitals as an attempt to provide a service, but in fact Bevan viewed local authority control as damaging to a National Health Service The Bevan solution, opting for a regional scheme rather than one based on local authority boundaries, was a work of genius. The key was the realisation that, without executive control of both the voluntary and the municipal hospitals, effective hospital planning was impossible. It was like a breath of fresh air to the officials involved, Sir Wilson Jameson, the CMO, who had an instinct for what was required, George Godber who did the medical drafting and John Horton and John Pater who dealt with administrative issues. The regional concept brought together service considerations (the natural territory within which normal and highly specialised services could best be organised) and the university medical schools (the natural centres of research, development and education). These would ‘fertilise’ the services in the surrounding areas.77 Indeed it was difficult to conceive of a region without a medical school, and vice versa. With university and medical concurrence, regions could establish an integrated specialist system and rationalise nurse training. Bevan’s regions were sizeable; large regions were less likely to attempt detailed local control, but any high degree of local autonomy might have prevented the region from organising a coherent service. Boards had to have the ability to close, amalgamate and expand hospitals. If the boards were too weak, the anarchy of the old voluntary system would begin all over again
Of course there had been some medical provision, but the nationalisation of hospitals and health services, the adoption of responsibility for the nation's health by the government and the coordination of all services in a single Act passed in 1946 was a radical change. Nothing which came before in any way resembled it. www.parliament.uk/about/living-heritage/

MaizieD Sat 29-Jul-23 17:09:32

icanhandthemback

So, has any country done this successfully?

Has any country done what, successfully?

DaisyAnneReturns Sat 29-Jul-23 16:37:59

MaizieD

Your first 'quote' tells half the story, DAR and your second is just untrue. grin

But that is what the "majority" are saying Maisie, not me. That's what a quote is. I thought the the second quote was lazy but that is what you are up against.

icanhandthemback Sat 29-Jul-23 16:34:28

So, has any country done this successfully?

DaisyAnneReturns Sat 29-Jul-23 16:32:40

So let's take one of your examples, Glorianny
The NHS was not brought about by gradual change, ...

The NHS started on 5 July 1948. Are you suggesting that someone had the idea on 4 July 1948 and that all the planning, law-making, employment contracts, hospitals, etc., were ready the next day?

You seem to know little about the long march towards the NHS. The ideas can be traced back to the 1900s and the Minority Report headed by Beatrice Webb for the Poor Law Commission promoting "a state-run medical system".

As a founding member of the Fabian Society Beatrice, with Sidney Webb, wrote the original Clause 4 of the Labour Party’s constitution. I would have thought you might have come across her.

Planning for real started in the 1930s when the London County Council then took over responsibility for around 140 hospitals, medical schools and other institutions after the abolition of the Metropolitan Asylums Board. By the time the Second World War broke out, the London Council was running the largest public service of its kind for healthcare.

By 1941, the Ministry of Health was in the process of agreeing a post-war health policy with the aim that services would be available to the entire general public. A year later the Beveridge Report put forward a recommendation for “comprehensive health and rehabilitation services” and was supported across the House of Commons by all parties. Eventually, the Cabinet endorsed the White Paper put forward by the Minister of Health Henry Willink in 1944, which set out the guidelines for the NHS. The principles included how it would be funded from general taxation and not national insurance. Everyone was entitled to treatment including visitors to the country and it would be provided free at the point of delivery. These ideas were taken on by the next Health Minister Aneurin Bevan.

So I would very much disagree that plans, laws and implementation can come newly hatched on the day a party enters government.

You appear to have gone into your standard attack mode. Why do you think I neither know nor care about the growth in homelessness and the poverty children live in? You shout, but what does your shouting achieve? Where I have the skills I help.

No one has proposed we "do things gradually". Making up others' words does not help any argument you may put forward.

Planning, drawing out objectives, forming strategies, designing messaging and how to finance the plan, will all have been going on since the early days of Starmers leadership.

Your only real issue is that they haven't told you, me or anyone else what they are. Quite right too. The first step is to actually form a government. Until that happens there is no next step.

(Sources: various)

MaizieD Sat 29-Jul-23 16:19:21

Your first 'quote' tells half the story, DAR and your second is just untrue. grin