"Much of the government's fire is trained on Nigel Farage. But in an end-of-year interview, the head of Labour's internal thinktank urges his party to take on the twin populisms of Reform and Polanski. We've got the populism of the left in Polanski. And the populism of the right in Farage. Their politics are very different but both of them are pushing simplistic solutions to challenging problems that just don't stand up to scrutiny, he says."
"A wealth tax an annual levy on the assets of the super-rich, which Polanski strongly backs won't solve the kind of fiscal challenge that we face, Dromey says. We won't be able to fund the public services that we need just by a wealth tax that affects the top 0.1% of the population. He adds: The idea that squeezing a tiny elite of billionaires will pay for everything that we want and everything that we need is fantasy and we do need to expose that."
"Founded in 1884 and initially most closely associated with the pioneering social reformers Beatrice and Sidney Webb, the Fabian Society was a co-founder of the Labour party and has been affiliated with it ever since. The colourful grid of pamphlets displayed across one wall of the Fabians' office covers issues including pensioner poverty, energy reform and Labour's path to power in 2019 (ahem)"
Zack Polanski promotes a wealth tax as a solution to public finance shortfalls. Joe Dromey says a wealth tax confined to the top 0.1% cannot fund essential public services and calls the idea fantasy. Dromey urges Labour to confront both left-wing populism represented by Polanski and right-wing populism led by Nigel Farage, arguing both offer simplistic solutions. The Fabian Society, founded in 1884 and linked to Beatrice and Sidney Webb, remains affiliated with Labour and faces recent scrutiny and accusations from figures like Farage and Alex Phillips. Fabians' pamphlets address pensioner poverty, energy reform and party strategy.
Read at www.theguardian.com
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