Management by government was never an intent. Left wing government thinks that it gets what it is intending, however it becomes entwined in the ever more complex bureaucracy it creates while the politicians hurl insults at each other.
The Right wing thirst for the non involvement of Government bends too much in the other direction. A Government needs to be responsive and yet aloof to the daily concerns of every individual. There should be no courting of favour by the Government toward the electorate it serves. There should only be a ruthless, evenly applied tax of every entity that forms to pay it and it should be charged at the point of expenditure and not income.
If there was no income tax in the UK, but a high consumption tax with proper protection for lives very basic needs (like food, drink, housing and toilet paper) allows a lower level of income tax, if indeed any is required at all.
Adding streams of foreign capital to a London that can invest it tax free is very appealing on a spreadsheet.
Over a time a 40% VAT for everything except food, educational needs, medical requirements, with an exemption for those over 70 years of age or those on community support would bring in capital from every corner of the world.
London’s strict compliance and very smart monitoring of every detail with standards such as ISO 27001 compliance available in mediating organisations.
It is evident that infrastructure is present to make a finance-led recovery in London. Lord knows what will happen to the rest of the UK’s economy. But the application of such philosophy by Labour boiled capital into steam – expanding money supply without increases in value. So the “system” imploded and we are left with a larger shell. The hollow nature of a non-productive economy which is driven by a need to protect capital is how it treats its most unfortunate. And there are far too many of these.
In converse is a socialist society empowered to support an those values a right wing non-progressive economy may choose to overlook and choose instead to stick with the safe?
The choices a society is forced to make may do more to define it than its direction of government. Provided there is a change in the wind. That is the health of a democracy. The mantle of office does not guarantee the same level of intelligence as a willing public may come to expect. After all, they went out and bloody voted, their say should be significant. Instead it is drowned out with administrative cover, a sort of overcoat that defines views, a railway along which ideas must flow. This is the constraint of policy.