Challenger banks or challenge finance capital?

Labour in power and out has been little more than a neoliberal supporter of finance capital. Finance capital has had a thirty year ascendancy. It started its rise with Thatcher’s removal of exchange controls and signing of the Single European Currency. Bowler-
hatted bankers and some blue bloods in the banks’ board rooms were ousted by the new breed of reckless casino gamblers. Their gambling was freed further when Labour removed governmental controls on the Bank of England itself. Finance capital and its neoliberal agenda has run free of government control for decades but requires a government to do its bidding within the state.It is not entirely anarchic. The coalition government has been relatively the most aligned to the finance capitalists, it is their expression in its purist form. In opposition to it it has to be said Labour’s little ideas are looking increasingly pathetic. Ed Balls wants to create challenger banks to get new competition in the market place for lending. This will do little or nothing. What we need is a nationalised banking industry controlled by a new state seeking to use the wealth of the nation for the people of the national as a whole. This would have to be accompanied by a whole set of new controls on capital. As long as the financiers remain unchallenged politically our trials and tribulations as workers and as a nation will intensify. The 99% must overwhelm the 1% and use their stolen wealth in the interests of those from whom they have stolen it.

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Biden opposed moves to rebuild Afghanistan, advising a policy of fighting terrorism in the country. He also opposed withdrawal of US troops, which Trump carried out.
https://tolonews.com/afghanistan/biden’s-comments-rile-afghans-internationals

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Biden's regime will hold on to enclaves in the North East and work alongside Turkish invaders, continuing sanctions against the Syrian government. In general, Biden wants US global leadership, which he sees as being diminished by Trump's inconsistencies.
https://www.atlanticcouncil.org/blogs/menasource/limited-and-constrained-the-biden-administration-and-the-prospects-of-a-syria-policy/

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Biden intends to have tighter sanctions on DPRK, and to have stricter preconditions with respect to engaging on talks. The Democrat's president also intends to strengthen an alliance against North Korea. https://www.reuters.com/article/us-usa-election-biden-northkorea-analysi/biden-on-north-korea-fewer-summits-tighter-sanctions-same-standoff-idUSKBN25G2QO

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Donald Trump impeached for inciting insurrection.
https://youtu.be/tpym-vAH8OQ
The USA is run by an oligarchy of the mega-rich, who will maintain their power, through political, economic, propagandist legal and military means. They do so at home and around the world.

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