Not Going Back
7th May 2020
Not Going Back
The Re-industrialisation of Britain
Introduction
We must not go back to the Conservative and
Labour parties “progressive” state and it’s economy that we left
on the 23rd of March 2020.
We must not go back to the mass loneliness, mass misery,
mass poverty, mass debt and mass unemployment, all of which have now been
multiplied and compounded by the Shutdown.
There is another road.
We have just seen how, with political will, British society and it’s economy can be
Shutdown, likewise, with political will, Britain can Redirect itself to
regain and restore what it threw away over 50 years,
it’s serious National Industrial Economy.
Rather than return to a failed economy dominated by, the frivolous, the shallow and
the short term, it is time to redirect the Nation’s effort and resources into the serious
the deep and long term activities.
That is the matter, the stuff, the substance of government.
Rather than submit to mass unemployment of resources, it is time for the
mass re-employment of resources.
It is time to re-deploy men, money and material from the debt and service and
education sectors into newly restored physical industries and physical
infrastructure and for the Nation to gain morally and socially and
commercially and economically from doing so.
A Nation speaks through it’s economic policy and that is where Britain
must start to rebuild.
There are three parts to what must now be done.
1
Monetary Policy
The British Treasury must secure the integrity of the Money Supply and then establish
a debt consolidation and management and liquidation scheme for void debt.
Without both these measures all economic activity will be like pedalling a bicycle
without a chain.
While the Nation begins to redirect and reindustrialise and shifts
it’s mental and physical efforts and resources to actual physical items from debt,
the government must ensure that the British people are insulated in regards to a
reasonable and regular income.
During the period of economic redirection and re-training a state income will
be required for those now unemployed or who are on state job retention
schemes (“furloughed”).
The alternative is mass unemployment and mass economic disturbance.
The state income would be issued in the form of a re-training grant or bursary
and would be available to those who register for retraining as
new essential infrastructure and industrial workers, new apprentices,
students (in essential subjects) or other essential trainees.
Note
(On the 5th of May 2020 over half of the national population were in receipt of a
state income in some form)
2
Re-Industrialisation and Shopkeeping
A National Economic Board must be established to
manage and direct the restoration of the industrial economy upon the foundation of
Defence followed by Public Infrastructure and Heavy Industry.
Government must redirect employment and (re-equip) millions
who are now trapped in unemployment and in underproductive activity especially in
the education and service and financial sectors into essential national
activities that have been neglected for decades.
Central to re-industrialisation must be an unprecedented expansion of the Defence
Budget. Defence must be the national footprint of the national economy.
Only upon it, can other national activities including infrastructure and heavy industry
be built and secured.
Only then can the proper sequence and hierarchy of economic activity take place.
Only then can all layers of industry be built upon each other leading to a re-integrated
economy.
Coal pits and coal fired power stations and associated
infrastructure (including British Railways) must be re-established in order to secure
a functional and reliable national infrastructure of power and transport, both essential
to the re-establishment of a national and self-sufficient industrial economy.
Nationalised industries must be re-established and imprint themselves again into the
economy and contribute to durable urban and rural economic and social patterns.
British Steel, British Leyland and the rest must be re-established.
The United Kingdom is an island Nation and requires a renewed maritime merchant
fleet (British Shipbuilders must be re-established and a coastal port infrastructure
rebuilt) to serve it’s coast and to once again, trade on the open sea.
Shopkeeping
The re-establishment of Britain’s integral and industrial infrastructure (nationalised
and private) permits a re-generation of family, local and regional and small and
middle sized commercial enterprises in manufacturing and retail and other activities
including: leisure and pleasure and a functional financial (including a return to
a local and trustee association banking) sector.
Family and small businesses allow private initiative, pursuit of profit, individual
creativity and the opportunity to establish an independent and private domain
(separate from state intrusion and state dependence).
Small, local and regional businesses contribute social and economic worth into the
fabric of society and allow local trade and exchange and mutual benefit.
There must be a restoration of Britain as a “nation of shopkeepers”
3
Essential and Non-Essential Economy
Now is the time for the United Kingdom to make a demarcation across it’s economic activity between public spending on
essential activity and no public spending on non-essential activity.
The United Kingdom economy (and it’s workforce) has for 50 years become dominated by the service and financial sectors – now both super-inflated and
corrupted by politicisation, debt and public money.
It is time to stop public spending on non-essential activity.
Conclusion
It is time to re-direct the British economy, to once again become serious, national and industrial.
The United Kingdom has a second chance.
It must take it.
Stewart Connell © 2020