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I think this was always the game plan, the Tory government had run out of popular support that Labour was picking up, but if there was a real left wing opposition they may actually make people’s lives better which might make left wing policy popular - can’t be having that now, can we?
So Starmer is paradropped in with Wes Streeting and Rachel Reaves in tow to continue the glorious work of Osborne in transfering wealth from poor to rich using austerity, reduced workers rights and protections, slashing the safety net for people and beating down dissent with culture war cudgels. And in so doing they essentially provide no functional change from the Tories before them.
This is perfect for capital, they can continue their project uninterrupted, and it has the masterstroke of meaning when it comes round to election time again Labour will be miserably unpopular for continuing Tory politics, the Tory’s will still be the Tories. The people will want change - and so they should, it’s quite clear life isn’t getting better here, quite the opposite - and the only party (with any real support) seriously offering actual genuine change is Reform, which is serving serious hard right accelerated change.
This reactionary shift isn’t going to make anyone’s life better (if you aren’t a CEO or merchant banker at least), in fact far worse, but it is at least marketable as a change from the interchangeable Tory/Labour identical duopoly. So I should imagine with this message and the backing of the media machine they will sweep into power.
Then as the contradictions of capitalism on a dying planet become more unbearable, we can hurry along with our right wing facist government towards the eventual death cult ending as greater and greater populations of scapegoats need to be sacrificed on the alter of capitalism to fend off the inevitable collapse.