Re: New Labour

[Bob Miller <bob.miller@xxxxxxxxx>]

At 06:28 PM 5/8/97 +0000, you wrote:
>Comrades:
>
>The British Labour Party are now only in power a few days and they
>have already raised interest rates which is going to adversely affect
>living standard of the working class.
>
>Furthermore by handing control of interest rate policy over to the
>Bank of England they are surrendering sovereignty concerning a key
>aspect of economic policy which again affects the working class. By
>this act they have surrendered a significant aspect of decision
>making power directly over to the financial capitalists and away from
>thedmeocractic process. ANd yet they talk about too much
>centralisation
>
>Clearly the bougeois Labour Party are sending out a clear message
>from the very beginning that they are on the side of the capitalist.
>class.
>
>                                                  Karl
>
>
>
>
>
>
>                          Yours etc.,
>                                     Karl
>
>
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For anyone who had followed the election there can be little doubt that the
British ruling class knew which side Labour were on from the start.  Even
the tory press were muted in their criticism of 'new'labour.  They had
decided that a change was needed.  Specifically, British capital needs a
different approach to the EU and probably a willingness to consider  a
single currency.  Labour offered these, the tories did not.


The size of the Labour majority is a sure sign that things are going to get
really heavy here.  we can look forward to more austerity and greater
attacks on our living standards.

But, don't forget that Labour has always fulfilled that role.

bob

btw - a copy of our pamphlet "Labouring in Vain" - why Labour is not a
Socialist Party, is available on our web site - it traces the origins of the
party up to the Kinnock years and details why they are the buch of scumbags
they are ..... (how's that for policitical anaylsis?)
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