Posted on 05/21/2018 5:41:39 AM PDT by Enlightened1
John McDonnell repeatedly and emphatically backed bringing down the UK’s system of free enterprise and trade in an interview with the BBC, as well as calling for private firms to hand over their profits to the state.
The man who Labour would put in charge of the Treasury, tasked with running Britain’s economy, said he aimed to transform society “in a way that radically changes the system”.
Asked if his job were the overthrow of capitalism, he replied: “Yes it is. It’s transforming the economy.”
Pushed on whether he saw a difference between transforming the economy and overthrowing the capitalist system, he was clear:
“I don’t think there is a difference between transforming society and overthrowing capitalism. At the end of the day, I want a socialist society and that means transforming it in a way that radically changes the system as it now is.
“I think that is what we’re doing. I think what is interesting is that we are taking people with us. People see that there has to be that transformation.”
The interview moved on to the topic of Venezuela, which is currently facing economic ruin, riots, and massive food shortages despite possessing the largest oil reserves in the world.
Mr. McDonnell, however, praised the leadership of the nation’s former premier Hugo Chavez as showing how socialist policies can succeed.
(Excerpt) Read more at breitbart.com ...
The U.K. appears to be heading down the rat hole.
He means he will strip productive people of their earnings, give them to the indolent, put all industry under collective ownership, impose strict controls on speech, and let millions of savages in to take the money stolen from those who are foolish enough to actually work.
He’s a shoe-in.
It means they like the way folks live in Venezuela. I would agree, that is a radical transformation.
The UK tried this in the 1970’s. It was the final nail in the British economic coffin until Margret Thatcher
Ah, Einstein’s comment about insanity being someone who does the same thing and expecting different results comes to mind.
Anyone believing in socialism has demonstrated an inability to compute using even the most basic logic.
And when British citizens resort to eating garbage we will supposed to feel sorry for them.
If this loony toon “overthrows” capitalism, how in the hell is his “society” going to pay for socialism? Somebody needs to give the boy a book explaining how socialism works.
……….it’s simply Liberalism in the extreme...…...OR.....LIBERALISM’s ultimate goal...……...and it requires abolishment of the 2nd amendment because Socialism ultimately must use force...………………...
Ever further down the rat hole. ...and to think my uncle died in WWII on a bomber based in Great Britain defending these fools. What a waste.
Capitalism produces EVERYTHING that socialists/communists with to “redistribute.”
Socialism produces nothing.
Socialism can only exist as a parasite of a capitalist host.
Only if the Queen allows it!
He belongs in a straight jacket in a rubber room...in Venezuela.
Socialism – effects:
universal wage and price controls
increases in quantity demanded
decreases in quantity and quality of supply
shortages
rationing
hoarding
endless waiting lines
massive black markets
failure of centralized planning and bureaucratic management
anarchy of production
socialist quota system
technological backwardness
economic chaos in distribution and production
decreased or paralyzed individual initiative to make improvements
economic stagnation, decline, and decay followed by increased poverty and economic collapse
increased exploitation and powerlessness of plain citizens
tyranny, forced labor, terror, and mass murder
aristocratic privilege and elitist court society for leaders and their favorites
“Somebody needs to give the boy a book explaining how socialism works.”
Unfortunately, changing the minds and actions of those obsessed with the socialist model is not a matter of delivering information or otherwise making it available in some sort of literature or discussion format. Historically speaking, generally they have to be killed.
Short the f out of the pound, eh, Mr. Sore-Ass? (That’s to him, not you.)
Short the f out of the pound, eh, Mr. Sore-Ass? (That’s to him, not you.)
Didn’t they have this in the 60s and 70s and ended up with a GDP less than Portugal, endless strikes, electric and gas blackouts which led to the rise of Margaret Thatcher?
The left is just insane.
The philosophy of self-immolation.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.