Hugh Terry 💙🍉
560.5K posts

Hugh Terry 💙🍉
@Hugorelly
Actor & voice artist 🎭🎵 Socialism not Barbarism! #SaveOurNHS💙 #RejoinEU⭐ #BoycottIsrael 🇵🇸 #GreenNewDeal🌏 #UBI💷 #WealthTax💰 #BLM🖤 #DumpTrump🤡








There are suggestions that Burnham may be planning to blame Thatcher for Britain's problems. Given that she was last in power 36 years ago and that you'd have to be in your mid-50s to have ever voted for her, this feels like a stretch and a half.

🔴 Harold Wilson’s vision was for Britain to remain a mixed economy with a strong industrial base, strategic public ownership, North Sea resources used for national renewal, and a partnership with Europe. 🇳🇴 Norway followed something much closer to that path. 🇬🇧 Britain took a different route: Financial deregulation and the growing dominance of the City. Large-scale privatisation. Selling off strategic national assets. North Sea oil revenues largely used to fund current spending and tax cuts rather than building a sovereign wealth fund. An economy increasingly dependent on finance, property and consumption rather than production. 🇳🇴 Norway did almost the opposite: Created the world’s largest sovereign wealth fund. Retained significant public ownership in energy. Invested resource wealth for future generations. Maintained a broad industrial base alongside its financial sector. Stayed inside the European Economic Area, preserving full access to the Single Market. Britain then added Brexit on top of that divergence.

😢 The tragedy of Britain has never been a lack of wealth or resources. We’ve had coal, steel, oil and gas, fertile farmland, world-class universities, scientific innovation and now some of Europe’s best renewable energy potential. There has always been more than enough to build a prosperous, secure society. The problem has never been scarcity. It’s that too much of that wealth has flowed upwards instead of being shared more broadly. Today’s divisions aren’t inevitable. They are the result of political and economic choices. Britain isn’t poor bc it had nothing to give. Britain is struggling because, too often, a small minority has captured the rewards while asking everyone else to accept less. That’s the real tragedy of modern Britain: there has always been enough to share, but not enough willingness among those with the greatest power and wealth to do so. @labourlewis @andyburnham











