Monday, July 20, 2015

"Capitalism Attacks Democracy" by Ken Curran


When the Labour Party was formed at the beginning of the 20th Century it had a clear ideological message. It was united because the founders believed the economic and social structures of society needed to be altered in order for the benefits of our industry to be redistributed, so that the wellbeing of all can be improved.

There is great difficulty today when trying to find the ideological divide between today’s political parties. Although I still hold a Labour Party Card after spending 70 years in its ranks, its relevance is nil as far as many of our Parliamentary Labour Party are concerned. The role of the party member as far as most of the PLP is concerned is to work their socks off to get them elected. Cynical with good reason. It is sad to say, but many of members of the PLP do not want to listen to the opinions of Party Members. They expect Party Members to be apolitical to the point of subservience. These attitudes are killing off the very liberties and freedoms the founders of the Labour Party espoused in the late 1800s. The Labour Party is supposed to present a distinct alternative to those people who believe the capitalist system will always deliver.

As we have seen with the Banking scandals, of the recent years Capital has to have controls. The crisis of the Greek Economy has been brought about as a result of a lack of control by both borrowers and lenders. Therefore planning along with measured control of capital is desirable. But Neoliberalism constantly works to remove all constraints which inhibits its aim of total economic freedom. Capitalism attacks Democracy because it is seen as an obstacle.

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