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You're half right and half wrong. nt
The wrong bit is about Bennite economics. He didn't advocate a siege economy as opposed to a free one, but saw both alternative paths (monetarism included) as siege economies, but with different people doing the besiging. His Alternative Economic Strategy was intended only to be temporary while the domestic economy was restructured through vigorous micro-investment. He was certainly right about what would happen by following the monetarist route, but who knows what might have happened with the AES. A coup probably.
You're right though that the horse has bolted on much of that thought, though I think we would all benefit from democratic control of the movement of capital and accumulation of wealth. The new form of the AES is taking shape before our eyes. Bring it on.
as Benn himself. In the 1970s he thought that Labour could run a protectionist siege economy. He was wrong then and the Lexit crowd who think the same now are even more out of touch with the contemporay global economy.
Given that most on here are like myself, lab-remain. Wonder what our thoughts would be if Tony Benn were still alive and was banging the leave drum, given that he's possibly the best labour politician of the last 50 years? Would any be swayed by this do you think?