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February 20, 2010

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Paul0Evans1

Kevin McGuire was a lot more cynical than you are about the whole 'I'm going to be a community organiser' claim. He saw it as a respectable fig-leaf behind a retreat into the private sector.

On your point about over-powerful state / market, Tom Powdrill crystalised something for me recently in this post:

http://labourandcapital.blogspot.com/2010/01/krafty-cuts-2.html

... discussing the Kraft / Cadbury takeover:

"I think any radical reform of the financial system must focus on fees. Because no-one is really acting in the ultimate owners' interest, no-one challenges all the money leaking out to advisers of various kinds - because it's not their money. According to one estimate £250m will have been peed away on fees in this deal."

Tom consistently argues for a reform of the way that shareholders powers are exercised. Perhaps the implication of what he's saying that the lack of responsible ownership of businesses is replicating the 'tragedy of the commons' problems with the public sector. That *both sectors* have been captured by budget maximising bureaucrats.

That, in some ways, the left v right arguments are partly irrelevant (or surrogates for more naked tribal materialism in which tories object to bureaucrats protecting OUR interest while we lefties object to bureaucrats protecting the historical advantages of the already-wealthy.

www.facebook.com/profile.php?id=1333366645

Increased state power is a necessity for increased power for 'the market' (in other words, capital relative to labour).

I'd argue that not only do we need more cooperative and mutual enterprise to empower people, but we also need the anti-union laws which tilt the legal balance in favour of employers and against the democratic organisations of working people.

Days gone by, Labour politicians might have had a background as a trade unionist and through involvement in Labour politics end up an MP. Now it looks like the reverse may be happening...

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oops! that should be "we need *to get rid of* the anti-union laws"

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