Thursday 27 July 2017

Corbyn and Trump are different reactions to the rich getting richer

Jeremy Corbyn, the newly elected leader of the British Labour Party, wants to re-nationalise industry and tax the very wealthy and is seen as a threat to New Labour
Jeremy Corbyn, the newly elected leader of the British Labour Party, wants to re-nationalise industry and tax the very wealthy and is seen as a threat to New Labour
David McWilliams

David McWilliams

Mick Jagger and Pete Townshend have their gaffs here. Looking out over the Thames from Richmond Hill - the only view which is protected by a 1902 Act of Parliament - it is hardly surprising that ageing millionaire rockers want to hang here.

Richmond is true-blue Tory, the gateway to the stockbroker belt and Surrey. The designer furniture shops and swanky art galleries evidence of the ongoing property boom in London and the associated concentration of wealth in the south east of England.

Places like Richmond are threatened by the emergence of Jeremy Corbyn, the new leader of the British Labour Party. Central to his platform will be moves to wrestle wealth from the very rich to give to the average man. Corbyn - incidentally younger than both Jagger and Townshend - is the most radical politician to hold a senior position in the UK for 50 years.

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