A party's redistribution of national wealth can be so headlong in response to its financial backers, that it destroys its own political base.
That happened when the Mulroney Conservative regime in Canada shifted the bulk of our money creation from the central bank to the private banks, and brought down the firewalls that had been set up between banks and great financial pools such as the stock market and insurance companies, and pensions.
This wiped out carefully crafted alliances that had led to the Conservative Party adding "Progressive" to its title in the first place. The result was the breakup of the historic party of John A. Macdonald. The Liberal Party today risks a similar fate. That adds up to the threatening breakdown of our political system, and an urgent need for proportional representation, a key subject at our conference.
Note: COMER Conference.
Stumble It!
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"We can only see a short distance ahead, but we can see plenty there that needs to be done." - Alan Turing
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"We can only see a short distance ahead, but we can see plenty there that needs to be done." - Alan Turing