1/ Thread: Why #Starmer's "plan" isn't even close to a solution and will do nothing to tackle the root causes of problems in the energy market or inflation itself. #EnergyCrisis #EnergyPrices 
2/ It's only for six months:
There's nothing to stop energy companies immediately jacking up prices once the "freeze" ends. This underlines the problem that the "free market" does not work and cannot work in a natural monopoly like energy. #EnergyCrisis #EnergyPrices
There's nothing to stop energy companies immediately jacking up prices once the "freeze" ends. This underlines the problem that the "free market" does not work and cannot work in a natural monopoly like energy. #EnergyCrisis #EnergyPrices
3/ A policy by the establishment, for the establishment:
The plan is simply an attempt to cover over the cracks until the controversy dies down. It's therefore primarily a means of safeguarding the status quo rather than a genuine attempt to deal with the underlying issues.
The plan is simply an attempt to cover over the cracks until the controversy dies down. It's therefore primarily a means of safeguarding the status quo rather than a genuine attempt to deal with the underlying issues.
4/ Won't takle inflation
Labour is wrong to think that energy bills are the main source of inflation. The root causes of inflation & energy price rises are the devaluation of the dollar, as more money is printed while western access to resource-rich foreign markets declines.
Labour is wrong to think that energy bills are the main source of inflation. The root causes of inflation & energy price rises are the devaluation of the dollar, as more money is printed while western access to resource-rich foreign markets declines.
5/ A long term problem
Access to resopurces has declined thanks to failed foreign policy initiatives, such as lost wars in the Middle East & backfiring sanctions placed against resource rich Russia, China, Venezuela & Iran. #Labour's plan won't address this.
Access to resopurces has declined thanks to failed foreign policy initiatives, such as lost wars in the Middle East & backfiring sanctions placed against resource rich Russia, China, Venezuela & Iran. #Labour's plan won't address this.
6/ Exploiting decline
In this situation, profiteers are jacking up prices to ensure that their own already excessive wealth doesn't suffer from further imperial decline in the future. There is nothing to stop them continuing with this agenda once a temporary cap expires.
In this situation, profiteers are jacking up prices to ensure that their own already excessive wealth doesn't suffer from further imperial decline in the future. There is nothing to stop them continuing with this agenda once a temporary cap expires.
7/ Extreme myopia
#Starmer's proposal isn't even a short-term solution. It doesn't alleviate the unaffordable price rises that people are already facing.
#Starmer's proposal isn't even a short-term solution. It doesn't alleviate the unaffordable price rises that people are already facing.
8/8 A workable plan
The only solution to these problems is a comprehensive shift in foreign policy priorities, coupled with a large scale aganda of renationalisation domestically. Something like this was proposed in #Corbyn's 2019 manifesto. Build on this. #Corbynwasright #JC4PM
The only solution to these problems is a comprehensive shift in foreign policy priorities, coupled with a large scale aganda of renationalisation domestically. Something like this was proposed in #Corbyn's 2019 manifesto. Build on this. #Corbynwasright #JC4PM
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