117 years ago, my great-great grandad, president of the Amalgamated Society of railway servants (ASRS), sat down in a meeting between the executives of ASRS and the Associated Society of locomotive engineers and firemen (ASLEF) to discuss federation. Had they succeeded in establishing unity between the rail unions back then, I might not be writing this article now. The TUC and rail management have used Victorian-era sectional craft differences to divide railway workers. I hope to explain what has happened in relation to the dispute on Southern Rail and the role of the TUC and ASLEF. I am aware that the railway runs on a level of jargon and acronym that approaches another language so please forgive the mini railway rules refresher! Continue reading
Posted in Environment
Energy for the 21st century, part I: fossil-fuels, renewables and nuclear
With the exception of Arthur Scargill, most on the Left agree that the days of fossil fuels must soon come to an end. We all know that it would be environmental catastrophe to revive the coal industry. We have to wean ourselves off coal and other fossil fuels but what will take their place?
The dream answer is renewable energy, but, as I will argue, this is no more than a dream. Jeremy Corbyn has promised 65% of electricity from renewables by 2030, rising thereafter to 85%. It is said that this will create 300,000 jobs in the renewable energy supply chain. This chimes well with the Green New Deal advocated by progressives since the financial crisis of 2008. Continue reading
Labour needs to rediscover comprehensive economic planning
In his barnstorming 2015 and 2016 Labour Leadership campaigns Jeremy Corbyn outlined a series of, very enthusiastically received policy offers of a distinctly left Keynesian, anti-austerity hue. These proposals ranged from renationalising the railways, to fully re-nationalising and refunding the NHS, establishing a universal free national education service, nationalising key utilities, controlling the banks more closely (the last two, significantly, subsequently dropped in the 2016 contest) and creating a National Investment Bank. Unfortunately since his 2015 victory essentially nothing has been done to put flesh on the bones of these proposals, or indeed to position these disconnected proposals within a wider comprehensive radical Left Economic Programme.
This seems most peculiar to those of us old enough to have imbibed in our socialist youth the concept of socialism as intrinsically involving the modification, amelioration, and re-direction of priorities created by the unfettered free play of the capitalist Market, and their eventual replacement by a better, fairer, more rational, society beyond the capitalist marketplace. This transformational process was always seen by socialists as being driven forward by conscious, democratically determined, state-led comprehensive overall direction and planning, even in a still capitalist, “mixed” economy in a process of transition. Continue reading
This Chinese nuclear deal is unsustainable and costly
Had Labour done it, the Tories would be screaming bloody murder. I am, of course, talking about the deal with the Chinese to build two nuclear power stations. If the Tories really were standing up for Britain, from a national security perspective it beggars belief that key national infrastructure be handed over to a power they would ordinarily be opposed to. But these are not ordinary times, and for Dave and Osborne, they are quite prepared to do anything to be China’s best friend in the West. Continue reading
Tory privatisation economics: try the London sewer, the mother of all scandals
As an illustration of what the Thatcherite privatisations of the 1980s now mean, you could not have a better example than the London super sewer. It costs £4.2bn, and you might expect that Thames Water, the privatised company that controls the whole of its length, should obviously be expected to pay for it. Not a bit of it. They will fund just a third of it only, and the rest will be met by a team of investors which will own, manage and finance the projedt during construction and then supply sewerage services to Thames Water on a 125-year concession! But that’s just the start. Unusually for a construction project, the investors will receive an income from the first day, paid for by Thames Water’s 15 million customers. The surcharge on London water bills is likely to be £80 a year in perpetuity. Continue reading

