Sunday, 18 September 2011

What is the Tory party for - really?

This time round with the Conservatives, it seems to me more obvious than ever that the party is, like the Republican party in the US, in essence nothing more than an organization devoted first and foremost to helping out the very, very rich, and big business, often at the expense of everyone else.

The real expertise of the party lies in dressing up policies designed to favour what the rich/big business perceive to be in their short-term interest as really being about "fairness".

This was masterfully done in the case of the Higher Education reforms, which stuffed the middle classes financially, saved the highest rate tax payers a fortune for generations, offered big business all sorts of opportunities, but dressed it all up as "Why should a postman have to pay for your university education?" That was quite brilliant PR.

Ditto the ongoing cuts which were 50% higher again than even Darling wanted (who was in turn much more pro-big-cuts than Balls and Brown), which were widely predicted to cause a double dip recession for obvious reasons, and which were nevertheless pursued on the basis of very little economic evidence (indeed pursued in the teeth of much historical evidence to the comtrary). Why? Because the very rich saw their opportunity to slash away at services that cost them a great deal in tax.

Now that the economy is in trouble, apparently as a direct result of that slashing away (as are many other economies, for much the same reason), the proposed solution, is of course, to now pump money in to the economy - by, er, cutting taxes for the very rich.

Ditto the NHS reforms. See my earlier post.

That this is the Tory party's ultimate reason d'etre seems to me transparently obvious. They may fiddle around with other policies too, of course. But, when it comes to serious money, that's what they do: stuff it into the pockets of their rich mates.

But perhaps I am in an intellectual black hole that blames Tory self-interest for most things. Perhaps I am being unfair? So set me straight. Can you Tories out there point to some examples where Government policy has been changed in such a way as to introduce a serious financial cost that falls primarily on the very rich and/or big business and benefits the rest of us? Other than when they've had a gun put to their heads?

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