[Ramrod]

Interesting article: link

Time and again, Mr Corbyn spots a genuine problem only to respond with a flawed policy. He is right that Britain sorely lacks housing. But rent controls would only exacerbate the shortage. The previous Conservative/Liberal Democrat coalition government should indeed have been less austere. It could have boosted demand by spending more on infrastructure. But Mr Corbyn’s notion of “people’s QE”—getting the Bank of England to print money to pay for projects—threatens to become an incontinent fiscal stimulus by the backdoor....... To see where Mr Corbyn’s heart lies, you have only to look at the company he has kept. He admires the late Hugo Chávez for his legacy in Venezuela. No matter that chavismo has wrecked the economy and hollowed out democracy. He indulges Vladimir Putin’s authoritarian kleptocracy in Russia and blames NATO for provoking its invasion of Ukraine. He entertains Hamas, which has repeatedly used violence against Israel and admires Syriza, the radical left party that has governed Greece with almost unmatched incompetence. Yet he is stridently anti-American, anti-Israel and anti-NATO and quietly anti-European Union . He even scolded China’s Communist Party for its free-market excesses.

To argue that Mr Corbyn’s ideas will improve the quality of political discourse in Britain just because they are different is about as wise as Mr Corbyn’s refusal this week to sing the national anthem at a service to commemorate the Battle of Britain. Policies this flawed will crowd out debate, not enrich it.



Perhaps that doesn’t matter. Mr Corbyn had no expectation of winning the leadership, and for a man who has never had to compromise, the drudgery of party management, media appearances and relentless scrutiny must be a hardship. Even if he is not pushed, he may not choose to stay for long.

Yet the leader of the opposition is one Tory meltdown away from power. Even if Mr Corbyn fails ever to become prime minister, as is likely, he will still leave his mark on the Labour Party. The populism and discontent that brought him the leadership will not just subside. The loathing of Westminster that he represents and the fantasies that he spins will make the task for the next centrist Labour leader all the harder. There is nothing to celebrate about Mr Corbyn’s elevation. For Britain, it is a grave misfortune.