Analysis: No, Higher Wages Won’t Fix the Cost of Living Crisis
by Matteo Tiratelli
Sexy as degrowth may be on the left, it’s productivity gains that have driven rising living standards over the past half-century, writes Matteo Tiratelli.
First problem: climate change itself is slowing down decarbonisation plans. Second problem: decarbonisation plans risk creating a hell of a lot of emissions. So where do we go from here?
Whether it’s energy nationalisation or a higher minimum wage, Keir Starmer consistently rejects policies that his party members support. His supporters say that Labour members are out of touch with the wider electorate – but polls suggest otherwise.