Skip to main content

Miliband calling for price controls when he should be addressing the real problem.

 http://www.theguardian.com/politics/2014/mar/27/ed-miliband-energy-price-controls-freeze-big-six


Ed Miliband to propose fresh energy price controls 

 

Miliband will tell the Federation of Small Businesses that he wants to create an open market economy where small businesses can grow and make bigger profits.




Ed Miliband.


 
The "policy" to control energy prices is popular amongst a large proportion of the public, (aka. voters). The only question is which, of the variants from each of the major parties solutions to achieve the same objective, will the voters select as their preferred option?
Each segment of the Coalition, Miliband's version of Labour, and soon no doubt to be joined by Farange and his UKIP, compete with each other to offer what they hope will be the most popular solution to solve the problem and "deal with the broken energy market" and finally end the energy companies cartel in the supply and distribution of energy in this country. Albeit, that strangely enough none of them officially at least, will admit to the existence of such a cartel. It is pure coincidence it seems that all the companies act in unison when announcing price increases all of which happen (at least) twice every year and are set at a rate within a few percentage points of each other. The hot air and rhetoric about "transparency", too many tariffs", "switch suppliers" etc is just that. Rhetoric to create a smokescreen of confusion and divert attention. The main political parties are hardly likely to be too radical in their treatment of the energy companies, no matter what they may say in public. The criticism is purely for public consumption and in at least one instance, the party is hardly going to
jeopardise a source of significant income for party funds.
The public perception of energy companies is, quite rightly, at an all time low  and no amount of fiddling with the peripheries is going to change that perception or solve the problem. In this situation, Miliband demonstrates yet again, that he and the party he leads, are concerned purely with maintaining the economic status quo in this country by managing the "capitalist" system in a way only marginally different to that of the Tory party.  I have often argued that Miliband and the Labour party are seeking to persuade us all that they are better at being Tory than the Tories are and that they are best placed to manage the economy and those businesses within it and to maintain the social structure of the country. The reality of course is that he and the leaders of the other parties, together with their party "establishments" are interested only in maintaining the status qou of their parliamentary positions together with the privileges and perks which accompany it.
On the question of energy and the companies supplying it, Miliband and the Labour party are wrong as they have been wrong for decades on their whole approach to the privatised industries and what Labour policy should be in response to them (and also other policy matters but that is for another debate). Labour have for many years under the "leadership" of Blair, Brown and now Miliband, offered no resistance to the policy of privatisation and have endorsed, even created privatisation of sectors of the economy. There are some industries which are far too important to society to be left to the vagaries of private enterprise. The supply and distribution of energy is one such industry. Privatisation has failed and penalised the consumer, the tax payer and the public in all of the industries privatised to date. For complete failure, we need look no further than British Rail. For exploitation of the consumers, Water, Power, Telecoms and BP to mention just a few. For "ripping off" the taxpayers we need only to remember privatising the banks (with no resulting public control) and perhaps the greatest and latest rip off the privatisation at a give away price of Royal Mail, the most recent theft of public assets.  
Miliband should not be proposing fresh controls on energy prices and seeking ways   " to mend the broken energy market ". He and his party should be advocating and preparing to return the energy market into public ownership. The "fat cat" bosses of the energy companies will squeak and sequel in protest. They will threaten all sorts of dire consequences and will be joined by the Tory party in howls of dissent. However, the discomfort and resentment of a few energy company bosses and some predominately Tory politicians, should be of little concern when righting the indefensible exploitation of their many consumers.










Comments

Popular posts from this blog

Northern Ireland and Brexit. The return of "The Troubles"

Northern Ireland: police attacked in another night of disturbances | Northern Ireland | The Guardian When the "Brexit" debate was still filling our newspapers and our television screens, readers may remember why I had changed my mind since voting to leave at the referendum vote. Apart from the economic arguments, which had become crystal clear after peeling away all the lies and misrepresentations trotted out by Bozo Boris and his "Get Brexit Done" conspirators, there was always the problem of the border between Northern Ireland and the Republic of Ireland. Would it be possible to have a border between the European Union and the United Kingdom where people, goods and services could pass freely between the two nations without customs restrictions, tariffs, duties and all the other formalities? Would it be possible to have one part of the United Kingdom treated differently from other parts of the United Kingdom, particularly when Scotland for example had voted overwhe...

The writing on the wall

https://www.independent.co.uk/news/uk/politics/boris-johnson-government-zero-hour-contract-ban-latest-a9257281.html?fbclid=IwAR0OW6qhoVnO9MVH-E9ruKFLnL_V3NQ5PMpYEkGGHEXskJxkAsrr2UJjRIs Two-thirds of voters want  Boris Johnson ‘s government to ban zero-hours contracts, a poll has found. There will be many people over the coming months and years who will tell the "pollsters" that something should be done about the homeless, or the costs of electric, gas and water, or about the costs of public transport, or the failing (and privatised) NHS, or the excessive profits and tax avoidance of large corporations. etc. To all those I say, that if you did not vote Labour then you have only yourselves to blame and you must bear the consequences of your actions. Johnson a nd his sycophant cronies have been given a blank cheque to do as they please and sell off vast portions of the British economy to the Americans, (the takeover of British defence giant Cobham by a US private equi...

Greed and envy are good says Boris Johnson.

  http://www.independent.co.uk/news/uk/politics/embrace-culture-of-greed-says-boris-johnson-8968276.html Embrace culture of greed, says Boris Johnson Boris Johnson.  "I stress – I don't believe that economic equality is possible; indeed some measure of inequality is essential for the spirit of envy and keeping up with the Joneses that is, like greed, a valuable spur to economic activity." Johnson delivering the annual Margaret Thatcher lecture at the Centre for Policy Studies think-tank, Wednesday 27th November 2013 Boris Johnson seeks to emulate Thatcher. He appeals to the evil side of the "nasty" party, for a society where greed is good, where selfishness is encouraged, where division amongst people by envy and status is championed as a proper objective and where the excesses of business and government are regarded as appropriate and right for the advancement of the few at the expense of the many. Johnson is an evil man with evil intent...