A lot has been written in this paper about Jeremy Corbyn recently, but what has not been mentioned is that behind “Corbynomics” is Downham Market chartered accountant and economist Richard Murphy.
Richard is the author of The Courageous State, which argues for a new economic model – a combination of Spirit of ’45 with 20/20 vision.
Richard, along with Nobel prize-winning economists and scores of reputable economics professors at universities in the UK and around the world, is saying that the neo-liberal/monetarist economics of the past 30 years are dead. It is no good to continue trying to flog a dead horse back to life while all the time pinning the blame for the poor creature’s demise on the unemployed, sick and disabled. We need a new engine to drive the economy forward.
Jeremy Corbyn has put forward realistic economic policies to achieve that, but
more importantly he wants to open up a debate about the future.
If he becomes leader of the Labour Party and achieves that alone he will have done a great service to this country. The old guard promise change but only offer a variation on the same old theme. We need change and Jeremy Corbyn is offering real change not change dictated by a small elite but the change demanded by thousands of ordinary people.
That is why the political and social elite are so afraid of him they have had to resort to the old style smear and fear tactics.
If Jeremy becomes leader of the Labour Party it will be up to all of us who want to see a stable economic future for this country, not decades of austerity, to support him and ensure that debate takes place.