Thursday , November 28 2024
Home / Prime, Policy Research in Macroeconomics / Jeremy Corbyn’s inner circles – from the FT

Jeremy Corbyn’s inner circles – from the FT

Summary:
On 3rd September, 2019 the Financial Times published a visual survey of figures around Jeremy Corbyn, Opposition leader and head of the British Labour Party. The story can be found here: Ann Pettifor, Director of PRIME features in it. There is one minor error: Pettifor did not ‘step away’ from advising the Corbyn team after the European Referendum of 2016. The other economists on the advisory board stepped away…. Pettifor was the only one to remain. The following are extracts from the story. “Jeremy Corbyn is an atypical leader of the Labour party; one with almost total factional control of Britain’s opposition. To achieve this, the 70-year-old is surrounded by a tight cabal of influencers who shape both his politics and policies and are seen by many as the real people

Topics:
Ann Pettifor considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Busting the ‘natural rate of unemployment’ myth

Mike Norman writes Rates

Michael Hudson writes Petrodollar Deal or No Deal

Lars Pålsson Syll writes Riksbankens oansvariga penningpolitik

On 3rd September, 2019 the Financial Times published a visual survey of figures around Jeremy Corbyn, Opposition leader and head of the British Labour Party. The story can be found here: Ann Pettifor, Director of PRIME features in it. There is one minor error: Pettifor did not ‘step away’ from advising the Corbyn team after the European Referendum of 2016. The other economists on the advisory board stepped away…. Pettifor was the only one to remain. The following are extracts from the story.

“Jeremy Corbyn is an atypical leader of the Labour party; one with almost total factional control of Britain’s opposition. To achieve this, the 70-year-old is surrounded by a tight cabal of influencers who shape both his politics and policies and are seen by many as the real people running Labour.

Many operate in the shadows; some hold elected offices, some are in parliament, and some wield power through informal networks. But nearly all of these individuals come from interconnected leftwing factions that were dismissed until Mr Corbyn became leader in 2015. They have campaigned, organised and socialised together from the sidelines for decades, having long ago given up on the idea of power.

As the prospect of government has never been closer, we reveal the power behind Mr Corbyn’s throne: those who have the leader’s ear at all times, those who are influential but not fully trusted, and those who nominally have a key role but whose influence is inconsistent.

This is Mr Corbyn’s new establishment, perhaps soon to become Britain’s new establishment.”

Ann Pettifor
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.

Leave a Reply

Your email address will not be published. Required fields are marked *