>>2434144I don't put too much weight on the importance of nationalisation to social democracy as such. In any case, what's more interesting is that his motivation was focused on national efficiency rather than on anti-capitalism. (Hence why Steel, for example, was bought at a very generous price. The idea wasn't "the workers will finally own the steel industry, fuck those capitalist blood-suckers!" it was "You're
shit capitalists, you're running this industry into the ground,
government managers will do better. Here's more money than you deserve: go play in the traffic")
>>2434692>>2434405How does this model explain the existence of vestigial social-democratic parties? That is, parties like the SNP 2007-2015 or NZ Labour 1999-2008 which, while unable to shift the dial on the neoliberal macroeconomic consensus, break with it directionally.
e.g. SNP brought back universalist services like free tuition and prescriptions and have (tepidly) raised income tax rates in Scotland (although ultimately the party under Sturgeon turned to neoliberal sludge), NZ Labour brought Air NZ and NZ rail back into
real public ownership, restored a reasonably progressive income tax system, abolished workfare (at the same time Blair was creating it!), created a new combo wealth-fund and pension scheme, restored legal recognition of trade unions (!) and generally ended a stream of radical neoliberal reforms that had run unbroken from 1984-1999.
None of that's radical second coming stuff, it doesn't quite raise to the level of social democracy, but it's a plausible attempt when contrasted with Blair or especially with Starmer, where the enemy was always to their left.