By Martin Thomas
Socialist Organiser1983 1983-07-14Read it in the scan (PDF), scan page 4 →
Read from the scan by machine and not corrected: expect misread words, and now and then a caption or a line from a neighbouring story. For anything you quote, read the scan.
Scan page 4
Join LABOUR AGAINST, THE WITCHHUN* Membership open to Constituency Labour Parties, trade union organisations, Labour Fee: CLPs and unions £10, wards £5, individuals and other organisations £3. Write toLAW, 11 Wilderton Road, London N16.
AGAINST THE WITCH-HUNT!
Party affiliates, and individuals.
And we'll help firms take extra workers."
Even if voters were prepared to forget about 1974-9, this was not very convincing.
More state spending? But that means increased taxes, or more public borrowing. More public borrowing tends to mean more inflation.
More demand for goods? That means more imports, more balance of payments problems. The leaflet also promises lower interest rates - which tend to mean money flowing out to, where it can get better rates.
The leaflet doesn't mention these difficulties or try to answer them directly. It does, however, answer them indirectly by including promises of price controls and import controls. (Exchange controls were also part of the manifesto):
But price controls were a sham under the last Labour government. Capitalism is a system which depends on the relatively free movement of prices to balance supply and
Scan page 5
140,