Now don't get me wrong, I dislike socialism as much as the next man, from the Soviet Union to China, from Cuba to Cambodia, from Venezuela to Ethiopia nothing else in life is as reliable as the failure of socialism.
Now let's put the issue of Brexit aside, there is a high probability true Brexiteers are being sold down the river no matter who the next government is. BRINO, second referendum or revocation of Article 50 are all likely, Brexit is slipping away, at best we are now fighting the long game.
Probably the single most important lesson of the 20th century is understanding the error of the centrally planned economy, the West understood the advantages of the free market hundreds of years earlier, Adam Smith publishing 'The Wealth of Nations' in 1776, the free market was documented even earlier in the Middle East with the Arab scholar Ibn Khaldun writing pro-free market thesis back in the 14th century.
Even with these great historical works, and the lessons of the last hundred years, the temptation of wealth redistribution, burdensome government and free stuff still tempts many voters.
One can view a hard left government once in a while as a necessary process. Like how the Labour party ravaged the UK economy in the 1970's led the way for a decade of rule under Margret Thatcher and her laissez-faire economy that produced the big bang and prosperity which the UK still enjoys to this day.
If we do end up with a Labour government, or more probable some kind of Labour coalition, it's not something I am personally fearing, it will be part of the constant cycle between big government central planning and small government capitalism, it may even force the Conservative party to establish themselves as a true centre right political party, supporting businesses, rising living standards and prosperity for the citizens of the UK.
It's almost certain an economic downturn will happen in the next 5 years, possibly a large financial crash, although the the exact timing of the collapse of the current debt bubble we are in is impossible to predict, either way a recession under a Labour government will help turn people off the idea of left wing politics.
I for one am not buying into the fear of a Jeremy Corbyn, John McDonnell government, to be sure the hard left elements and Momentum are nothing to look forward to but maybe its just part of the natural cycle of politics, clearing the way for a more prosperous UK.
#Labour #JeremyCorbyn #JC4PM
