Monday, November 07, 2005

Mr. Devid Cameron with his modern Conservativision and the reaction from opposing old Conservatives and the Labour 07/December/2005

Mr. Devid Cameron with his modern Conservativision
and the reaction from opposing old Conservatives and the Labour
07/December/2005
(Imported from the web archive of Yahoo Geocities)

The closest to what I used in 2005.

1. "There is such a thing like society; it is just not same thing as the state"
--- David Cameron the new Tory leader


Today (07/December/2005) finally Mr. David Cameron was elected as a new Tory leader with 67.7% of votes from members of the Conservative party having competing with Mr David Davis. The right hand side photo shows David and Samantha (his wife) Cameron are celebrating such a glorious triumph with a baby borne in Mrs Cameron. Although they have been in quite exhausting life situation such as campaigning for the leadership, taking care of two years old daughter and a disabled son and moving their house this couple never seem like damned. Mrs Cameron will now in the circumstances she must become faithful, patient, and tough to bear the previously mentioned tasks in her daily life as her husband David is now the leader of the British Conservatives that means he can hardly comes back his home to spend with Mrs Cameron and their children. Nevertheless they continue to show their cheerfulness overwhelming duties in both public and private life. Today must have been the thankful day for this honourable couple. All of us know this is their turning point also called a new start line of life for this couple and all individuals, not only those whom in the UK, those living in society in a current world. David Cameron has succeeded to attract various individuals (even those who are the anti-Tories!), with his youthful energy and the passion to reconstruct the Tory party for the modern society to gain the support from many individuals from any social stratum. His policy seems to have strong charisma, there is no double to say that as much as Mrs Thatcher has had, after this Conservative party had suffered from the lack of the charismatic leader who can compete with long reigning pair Tony Blair the prime minister and Gordon Brown the iron exchequer from the Labour the everlasting opposition for the Conservatives. Finally the Conservatives seem to have chosen Cameron as a strong weapon to defeat these two loom large obstacles from the Labour. Since Michel Howard retired his Tory party leadership the leader election has lasted so long as this has been a quite controversial and notable competition inside the Conservatives. Generally the Tory leader election takes time as this time spent several months, however the majority of us must have predicted Mr. Cameron wins this competition as he is blessed by his enormous charisma from various sorts of individuals. However this is only one step for Mr. Cameron to the throne of the UK prime minister. All of us know the charisma from the New Labour the pair Mr Blair and Mr Brown are always Tories’ strain; and we also should know his opponents are also in his party.


2. "There are yesterday’s men with yesterday’s measures"
--- Harold Wilson the former Labour prime minister


Many of us may still remain the 1980s when we are still in the fearful tension of the cold war, the conflict between authority based planned and censored economic and market based laissez-faire economic syndromes, the most notable Tory leader after the WW2, Margaret Thatcher the most charismatic and successful prime minister from the British conservatives in the post war period amended the misled idealised British economy by the former Labour party with her classical economic style monetarism, the laissez faire based political structural alternation, and the conservative social policy to replace the traditional stabilised social structure. 

 

“There is not such as thing like society; there are only individuals and their family": this is quite famous phrase Mrs Thatcher said under her regime which refers to her socio-economic policy described in the previous paragraph. This Thatcherism has been quite successful to induce the strong monetary based financial industries into the UK and reduced the government budget which had been feeding the expanding unemployed population with no profitable state benefit, sustaining the state-regulated industries such as huge manufacturing and mining industries and rail track, and so over-pressuring the taxpayers to cover these costs. However this policy has had the notorious adverse effect on both economic and social structure. The over-exaggerated classical economic operation has underestimated the possibility the business cycle can be destabilised by the imbalanced economic power relationship between whom does influence into the economic structure and whom does not, between those can survive and those cannot after the structural alternation, and between the insular UK and other 1st world countries such as cooperative EU countries, the USA and Japan.

From the Thatcherite era The British conservative party has been already well-known as Neo-liberalist party (also called New Right-wing or New conservatism) which regards highly of free market economic operation which regards the government should have little responsibility in the economic operation to put priority on the individual liberty in order to induce the effective competition between private businesses. The right-side of Neo-Liberalism, which means, in economic term, far Right-wing, is represented by the classical economist who denotes the business cycle (the cycle of growth and recession) runs stable without any fiscal intervention and only the government’s responsibility is to sustain the non-profit maximising organisations, health, education, and defence and the strong monetary supply.

Although it has not been sure if Mr. Cameron retakes the conservatives' traditional classical economic concept or uses an alternative economic strategy, he has suggested the conservatives would inevitably better to alter their policy as whole in order to attract various individuals from any social stratum. He has contradicted Ms. Thatcher's concept of social imagination as he manifested "There is such a thing like society; this is just not same as state." This phrase indicates that the government should be responsible to the individual life and cannot ignore social problems that have been regarded by the conservatives as the facts the government should not intervene into, rely on individual responsibility, and replace with traditional life style contradicting the modern life style. However it has been observed that this manifest does not mean to induce the dynamic alternation of the conservatives' constitution unlike the British Labour has altered from the old Labour one to the New Labour one since Tony Blair came into the power. Mr. Cameron remains one of the Conservative's strength "the business priority" so he may intend to adapt more liberal policies in order to encourage more labour force from the abroad to engage in British industries and encourage individuals in society more progressive to adapt to modernised concepts to develop British industries and enjoy better standard of living. These Mr. Cameron's manifests have been indicated by "Financial Times" the British economist news paper.

"Mr Cameron's more qualified support for business conserns is one of a number of changes in tone and emphasis, alongside a less hardline stance on immigration, collectively intended to reposition the Conservatives as a "modern, progressive, Liberal" party" --- Financial Times 19 December 2005

Even though the Conservatives have sticked in far more authoritarian policy than the previously mentioned one Mr. Cameron empathise on such as defending pure classical economic policy, remaining small government which is less likely concern community and society, claiming for traditional nuclear family life style, limit on the number of immigration and so on. Mr. Cameron has enlightened the Conservatives cannot survive without alternation of the unpopular previous authoritarian values which do not attract people in current society by means of the changing life style and individuals' social imagination in the current world. Individuals have seemed more sensitive on adopting international perspectives in their life, unpopularising traditional nu-clear family, more opened sex value, over-exaggerated Thatcherism, and increasing the value of the global standard business corporations which require meritocracy regardless of national identity.

Among the previous mentioned Mr. Cameron's modern conservative policy, he conversely encourages antagonism from old conservatives who detest his modernised conservative policy and defend pure Thatcherism. Therefore it has been argued nodoubtedy this will be the conflict among British Conservative party between Cameron's modernisers and old conservatives.


3. "This is same as old conservatives"
--- Gordon Brown the labour government exchequer


Nonetheless, Gordon Brown the Labour government exchequer nicknamed as "Iron Exchequer" from Scotland is less likely to concern about the new conservative leader. Mr. Brown persists this election may not alter the British conservative policy as Tory still remains as same Tory. This aspect implies Mr. Brown, Mr. Blair the current UK prime minister from the Labour and other Labour members as the British Labour still keep their support although the number of votes for the Labour has declined in the last Westminster parliament election in spite of the immense number of votes in the previous 2 elections having taken place. Although the constitution alternation having disappointed some of former Labour supporters and the dispatch of British troops to Iraq to support the USA regardless of the international role have depopularised New Labours, the New Labour still reign as the government party for 15 years.

The proud as a popular long reign government is rooted by the stable economic growth after 1990s. Abandoning inefficient nationalisation of industries the New Labour economic plan adopts the market economy as the pragmatic economic operation which encourages competition between individual industries and saves the public service costs to attract the middle class citizens having increased from the post war era. This constitution alternation has succeeded to attract former Tory supporters after the Labour has struggled with long Tory regime and experienced breakaway of some members who established the Social-Democrat Party. Even though majority of socialist individuals most notably Marxists i.e. left-wing economic supporters have disappointed the New Labours because of the Tory alike policy. However some socialist individuals, mainly Social-Democrat alike ones i.e. center-leftwing, remain as New Labour rutins because "this is still the Labour!"

Mr. Brown's unique economic policy has been considered especially by Labour supporters as the cause the UK economy has become stable. Mr. Brown's economic policy is the distinctive Keynesian kind economic policy (*Keynesian: the group of economists believing the business cycle needs controlled e.g. government intervention by fiscal policy) innovated by Mr Brown so called "Golden Rule". The "golden Rule" uses a unique fiscal policy that takes the recourse of government subsidies from, instead of income tax, borrowing from bank so then while it prevents lowering standard of living, it can restrict over consumption causing to hyper-inflation and also increase the profit of banks. However, Mr. Brown has bid up the indirect taxation on particular commodities such as inelastic resources such as oil, some elastic commodities, and habit formings (alcohol, cigarette, etc) for both the resource of government expenditure and the Keynesian rule i.e. controlling business. According to the Keynesian rule cycle he advocates this rule intends to control the amount of these burden taxes depending how business cycle runs at current time.


Nevertheless, Mr Brown's Keynesian rule has been suspected to bid burdened taxation especially corporation tax further than controlling business cycle by non New Labour economist thinktanks. It has been claimed he intends to increase the public expenditure in order to sustain the level of public service the Labour aims to achieve. Tory Economist thinktanks claim Golden Rule does not seem to apply to lower the gradient of rising taxation even though the business cycle comes to a peek of the boom. This study denotes Mr. Brown tends to assume his mechanical fiscal policy and his centralised economic plan do not precisely apply to calm down the fluctuation of the business cycle. Majority of non New Labour economists thus assume Mr. Brown as a "simulator" who underestimates misleading affects inducing further fluctuation on business cycle. This simulative Mr. Brown's fiscal and centralised policy interlinks to the following topic about "continuing/compromising in expanding the North-sea oil firm".


4. The North sea oil firm & European Union

- Choice whether Continuing/Compromising in expanding -
The heating point Mr. Brown's fiscal policy has been suspected it is not perfectly healthy for the market economy is that his corperation tax bidden up on a near day to gain further resourse for the government expenditure on public services. Although Mr. Brown has stressed this is also beneficial to calm down the boom of growing UK economy i.e. the Keynesian economic operation, the UK may miss the opportunity to explore the further capacity of the oil firm in the North sea. As the extra-burdened corperaiton tax has discouraged the investment from transnational corperations such as "Shell" and "Esso" in the "blend-spun" in the oil firm although it has been presumed there is more capacity to drill further down the spin. To cover the cost it inevitably needs the support from the big multinational corperation, however this business chance might be ignored if Mr. Brown persists in his fiscal operation. Therefore Tory economic think-tanks claim to reduce the coperation tax on the profit of these investors.

- Strategy for "the UK in European Union" -
The British conservative party is the quite notable party which has persisted in anti European Union stance although there are various levels of the sceptism.
Some Tories claim the UK should be completely independend from the EU in order to accomplish their economic independence and take the control over theri own immigration control. Other majority of Tories affirm the UK should be intergrated into EU more by means of sharing defence territory with other EU countries and establishing branches of UK owned business corperation in relatively less economically progressing nations inside EU in terms of the relative advantage in a trade; however the UK monetary must remain Sterling (£) as currency due to the concern from the future hyper-inflation of Euro (). As a matter of fact, the European Central Bank (ECB) has been suspected it has lost the capacity to control the inflation. Most notably, Gemany, where the ECB is situated because of its historical reliablity (Germany has experienced harsh hyper-inflation for several times so is sensitive against the hyper-inflation) is currently in the crisis of inflation for a few years inspite of its famous reliable monetary policy. Also Italy, where Milan one of the world biggest financial institution is situated, has suffered from the same crisis as Germany because of the influence from over estimated credibility of Euro the universal currency in the EU. The well-known disadvantage of such universal currency is concerned with the possiblity to induce hyper-inflation. The rapit publishment of currency stimulates rapid rise in the demand for this currency. The immense scale of currency transaction require extremely sophisticated monetary control and well predicted future plan for the capital expansion relying on this currency transfer. Even though the ECB and Milan have had famous history as the sophisticated financial intermediary, controlling underling inflation of Euro may become the bizzare challenge for them or even the under-estimated disaster to destroy the reliability. In consequence of flowing Euro, there seems to be little advantages if the UK adopts Euro instead of Sterling(£) unlike some mediterranean and Central&Eastern; European countries which do not have much control in inflation.


5. Conclusion: "Modern, Progressive, Liberal" party
--- David Cameron in Financial Times 19 December 2005


Having looked at these relative issues to the competition between Mr. Cameron and his disciples and his oppositions who are both inside and outside Tory, Mr. Cameron seems like a rising star of British conservatives whereas critiques against Mr. Cameron may oppress his confidence as the new reader. Despite the fact Mr. Cameron indicates main manifestos which Tory (since the Thatcherite era) have indicated most importantly such as business priority, tax-cut, and Euro-sceptic policy, Mr. Cameron has been recognised his manifests sound less likely to be Tory as anti-modernisers in Tory are highly sceptic against Mr. Cameron's modern conservativision. In fact, Mr. Cameron has been contradicted as too young to become a Tory leader who must be responsible to defeat the New Labour's strong charisma. However Mr. Cameron inevitably oughts to seek consensus with all Tory members as he cannot perform like a president in federation system, who has the independent control over individual parties, due to the parliamentary cabinet system so then Tory members are more likely to expect just for Mr. Cameron's charsma and youthful passion rather than his own modern conservativision. Nevertheless, Mr. Cameron's modern conservativision seems enough attractive to expect to raise the support for the conservative party. This modern conservativision is indeed attractive to all individuals living in current society and plausible element to reform the party to become a modernised and progressive governmental party. In terms of liberal economists' perspectives his modern conservativision has been recognised as healthy for market economic operation as it may encourage pure meritocracy, anti-statism, individual liberty, more liberal social policy, etc those are beneficial to improve market economy and international trades and communications to consider the UK as a "party of the world".

16/01/2006 Fin

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