We’re all social democrats now as Rishi Sunak joins the global rush to dump Thatcherite verities Will Hutton

almost 2 years in The guardian

Last week’s package shows how smart Tories are joining a growing economic trendRishi Sunak has discovered the power of social democracy. His ambitious and far-reaching package to address the cost of living crisis is in social democracy’s best traditions – a readiness to tax windfall profits that have resulted from nothing more than unearned and unexpected good luck, borrowing on top and then directing the proceeds to alleviate a fall in living standards, especially among the poorest and most vulnerable, which they did nothing to deserve.It is, as that titan of Tory thinking Richard Drax MP pronounced, another step towards big state socialism and the sooner the government abandons such alien ideas, echoed the Daily Mail, the better. But they work, are morally and socially right and are popular. Continue reading...

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