Beat populism by reminding voters of interest rate risks
βActually, Labour's got to run on the economy at the next election, because all of their message testing shows that the big way that you beat reform is by reminding people that his economic plan is basically Liz Truss on steroids. And what does that mean? It drives up your interest rates.β
Establish strong borders while enabling earned citizenship paths
βOne, your borders have got to be strong. So, if you think about what we had to do, we had to go to the UK border agency, put people in uniform, create these kind of offshore checks before people got anywhere near the border. You've got to have strong borders, and that is why you have to fix the boats crisis.β
Pick fights with vested interests ignoring the rules
βWe are not here to launch a war on capitalism. We're here to pick a fight with some vested interests who are not playing by the rules. We need to be the party of a more kind of civic capitalism. So that's fairness point number one.β
Implement universal basic capital to help citizens build assets
βThe idea here is that you restore savings matches, tax breaks and incentives for people to build up assets, to put down a deposit on a home to call their own, to retrain, restock their human capital and to save more into a pension.β
Establish a sovereign wealth fund by taxing wealth higher
βIf you begin restoring a bit of fairness to the tax system, actually like that old socialist Nigel Lawson did, equalizing capital gains tax rates and income tax rates, you would begin to raise the money over the course of five to six years to build the kind of sovereign wealth fund that could help you finance those kinds of tax breaks.β
Reinvent civic capital through municipal and faith institutions
βThis kind of reinvention of social capital and civic connectedness is what we need to glue communities back together again. And this is where the government has actually got its plan bang on. So this big multi-billion pound Pride in Place fund that it has launched, 10 year fund, a bit like our neighborhood renewal fund back in the day, is actually one of its biggest and boldest and best ideas.β
Regulate Big Tech and dark money to protect democracy
βAnd then we've got to have the courage to take on some of the forces that are deepening divisions. One, American Big Tech. Two, kleptocrats trying to surge dark money into British politics. So there's a fight there as well.β