Ken Milmore on Nostr: If only this "flawed but least bad" stance on capitalism were taken by our Labour ...

If only this "flawed but least bad" stance on capitalism were taken by our Labour government, we might actually be in a better position. It admits corollaries that regulation, taxation etc will be needed to mitigate capitalism's worst excesses. Instead there seems to be a crushing fear of upsetting "the markets" or "business confidence", or of deterring inward investment, which causes them to adopt a perpetual perky optimism where a cold skepticism would better serve.