"This is the brainchild of Andrea Leadsom, one of the two final contestants for leadership of the Tory party..."
Who by current indications will be eating a boiled kangaroo's anus on I'm A Celebrity in about 12 month's time. This, however, is only a tiny compensation for the fact that Teresa May will become PM.
On a general note, what can be done about the policy ratchets that these people advocate? That is, the belief that things are bad because the policies that brought them about (eg financialisation, under investment in social infrastructure, wealth concentration, mass surveillance, censorship, etc.) were simply not implemented hard enough.
This is the essence of what people like May and Leadsom believe: like a sort of Taliban approach to politics. Corporation tax in the UK is lower than almost anywhere in the EU and we have intense austerity policies partly as a result. So what do we do - we lower it some more because *obviously* the economy isn't getting better as a result of the previous lowering. What happens if we lower corporation tax to zero then? Where is the evidence that these policies are working as they are right now, let alone that they will work better for being all the more extreme?