“AI might displace some coders, but it won’t make priests redundant. Fostering such jobs might require more investment in soft skills, and perhaps even in humanities’ subjects.” #ChrisDillow https://chrisdillow.substack.com/p/wanted-a-new-blair
Wanted: a new Blair

Labour needs a theory of capitalism.

Chris Dillow

On how the absence of a strong left cripples policymaking even (perhaps especially) on the liberal center. By #ChrisDillow

Placating the right yields terrible governance — practically, morally. Outcompeting the left requires delivering.

https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2025/05/why-we-need-a-strong-left.html

“He has to blame immigrants and the disabled, because to blame anything or anyone else would be to question capitalism. Which cannot be done.” #ChrisDillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2025/04/governments-vs-capitalists.html
“A sensible politics needs to ask: how can we create constituencies of countervailing power to the regressive rich?” #ChrisDillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2025/01/against-if-i-were-king-politics.html

This critique of the thinking behind Starmer's investment summitry is much better than name calling.

Stumbling and Mumbling: Against Scooby Doo ideology

https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2024/10/against-scooby-doo-ideology.html

#UKPolitics #Labour #UKEconomy #BritishCapitalism #ChrisDillow

“We're handing so much money over to owners of prime residential or commercial land, to owners of oil and gas fields, intellectual property and infrastructure that there isn't enough left to create enough demand for dynamic sectors of the economy.” #ChrisDillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2024/10/against-scooby-doo-ideology.html

cc @louis // a good rentier capitalism piece!

“In this context, Keynes is now irrelevant. ‘It is in determining the volume, not the direction, of actual employment that the existing system has broken down’ he wrote. That might have been true in the 1930s but it is not now. Redirecting labour requires not macroeconomic policy but specific measures targetting these egregious jobs.” #ChrisDillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2024/09/beyond-tax-rises.html

Stumbling and Mumbling: 'The Unaccountability Machine': a review

https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2024/08/the-unaccountability-machine-a-review.html

> In every branch of Timpsons there's a sign from the boss saying "our colleagues in this shop have my total authority to do whatever they can to give you amazing service."

Dan Davies' wonderful The Unaccountability Machine is the story of why there are no such signs in other organizations.

#ChrisDillow #StumblingAndMumbling #books #timpsons #systems #capitalism #marx

Well worth your reading time.

“A big reason why the right talks so much about immigration is that to talk about anything else - climate change, the cost of living, failing public services, unaffordable housing, flatlining real wages and so on - would be to bring capitalism into question. And that it must not do.” #ChrisDillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2024/08/the-end-of-modernity.html

// see also his explanation why the British center-left no longer talks about “modernisation”. they loved to in the 80s and 90s, when “it meant attacking unions and the poor”.

"A self-taught miner 70 years ago knew that balance sheets have two sides, whereas an Oxford-educated former Bank of England economist today pretends not to know it. Which is a sign of how politics has been captured by institutionalized stupidity." #ChrisDillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2024/06/funding-public-services-a-bevanite-approach.html

#economics #finance