Liz Truss

ZenHalfTimeCrock said:
I suspect very strongly that, like Thatcher, Truss and Kwarteng are both acolytes of Milton Friedman and Friedrich Hayek.

This makes Truss an extremist.

According to Friedman's extremist (and discredited) philosophy, too much government intervention (e.g. to tax company income or the pay of top executives) prevents the free market from producing stability and prosperity. So for capitalism to flourish, the state must remove itself from all economic activity except for, in the words of Friedman ‘the military, the courts and some of the major highways’. Notably, education, health, and purveyors of energy like gas and electricity do not feature on his list.

Just playing amateur psychologist for a moment, converts are often the most zealous advocates of the faith that they embrace. As they were not brought up in it, it is almost as they have to convince themselves as well as other adherents of their fervour. And Truss is a convert to Conservatism, which means that she has to come across as more right-wing than other right-wingers.

So let's consider what she might be the equivalent of when it comes to other forms of extremism. If she was on the far left, she would want to abolish markets. When that was tried in Russia under 'war communism', millions perished from famine. Alternatively, if Islam was her faith, she would probably have embraced - not outright Salafi-Jihadism - but some kind of Islamist project like that pursued by, say, the Muslim Brotherhood. If she was a Christian, it might be something comparable to the Moral Majority blended with Ayn Rand.

Hope I am wrong but that's what I suspect that we're looking at, a starry-eyed enthusiast for market fundamentalism of the most perverse kind, one which even raises the hackles of other free-marketeers.

She needs reporting to Prevent.
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Her go to ‘economist’ is Patrick Minford, which says it all really.
In fact, he writes a ‘Liverpool Investment Letter‘ every month, produced by the Liverpool Research Group (I wonder what the Tory obsession with calling themselves ‘research groups’ is? I’m sure there will be a book about it one day). His August missive is attached and it reads exactly like the current ‘policy’.

https://www.patrickminford.net/LIL/202208.pdf
 
Didsbury Dave said:
Part of me wishes this whole catastrophe was some kind of subterfuge or in any way planned. It isn’t. It’s just pure and unadulterated incompetence which you can trace directly back to May 2016.
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It is always incompetence, often with a large side order of hubris.
 
Didsbury Dave said:
Part of me wishes this whole catastrophe was some kind of subterfuge or in any way planned. It isn’t. It’s just pure and unadulterated incompetence which you can trace directly back to May 2016.
Click to expand...
Yes, the clue is the abandonment of the 45p additional tax rate thereby giving those on million plus salaries a 10% pay rise. Even though in cost terms it's a small part of the idiotic unfunded tax cuts, in political terms it's absolutely fucking mental when the country is in the middle of a cost of living crisis when even people on average wage are wondering whether they can afford to heat their houses this winter. The optics of this are catastrophic and anyone with half a brain would have realised this. The removal of the bankers' bonus cap comes a close second in the list of idiotic things to do.
 
ZenHalfTimeCrock said:
I suspect very strongly that, like Thatcher, Truss and Kwarteng are both acolytes of Milton Friedman and Friedrich Hayek.

This makes Truss an extremist.

According to Friedman's extremist (and discredited) philosophy, too much government intervention (e.g. to tax company income or the pay of top executives) prevents the free market from producing stability and prosperity. So for capitalism to flourish, the state must remove itself from all economic activity except for, in the words of Friedman ‘the military, the courts and some of the major highways’. Notably, education, health, and purveyors of energy like gas and electricity do not feature on his list.

Just playing amateur psychologist for a moment, converts are often the most zealous advocates of the faith that they embrace. As they were not brought up in it, it is almost as they have to convince themselves as well as other adherents of their fervour. And Truss is a convert to Conservatism, which means that she has to come across as more right-wing than other right-wingers.

So let's consider what she might be the equivalent of when it comes to other forms of extremism. If she was on the far left, she would want to abolish markets. When that was tried in Russia under 'war communism', millions perished from famine. Alternatively, if Islam was her faith, she would probably have embraced - not outright Salafi-Jihadism - but some kind of Islamist project like that pursued by, say, the Muslim Brotherhood. If she was a Christian, it might be something comparable to the Moral Majority blended with Ayn Rand.

Hope I am wrong but that's what I suspect that we're looking at, a starry-eyed enthusiast for market fundamentalism of the most perverse kind, one which even raises the hackles of other free-marketeers.

She needs reporting to Prevent.
Click to expand...

Very much Ayn Rand in my opinion.
 
The Light Was Yellow Sir said:
Her go to ‘economist’ is Patrick Minford, which says it all really.
In fact, he writes a ‘Liverpool Investment Letter‘ every month, produced by the Liverpool Research Group (I wonder what the Tory obsession with calling themselves ‘research groups’ is? I’m sure there will be a book about it one day). His August missive is attached and it reads exactly like the current ‘policy’.

https://www.patrickminford.net/LIL/202208.pdf
Click to expand...

the man is a genius

1664533194257.png
 
Gorton_Tubster said:
This has all thrown up some very important questions around responsibility and power.



What truss has done in effect is whatever the fuck she wanted. What if she or whoever the 80k Conservative membership chose were even worse or even had their own agenda.



I really do think any PM not chosen by the people should have their powers curtailed.
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Or maybe we should acknowledge that our political system is unfit for purpose and broken.
 
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