Fraser Nelson Fraser Nelson

Red Ed is bringing back populist socialism

‘Red Ed is back,’ said the Daily Mirror’s Kevin Mcguire, and it’s a fair summary of today’s speech. He has pledged to use state power to force the hand of property companies: “use it or lose it” he said, reviving the idea of compulsory purchases. His new flagship policy is imposing a 20-month price freeze on domestic energy prices, ordering private companies around. He won a standing ovation when he pledged to reverse the Conservative (and Tony Blair) liberal reforms of the NHS. Now, you can say a lot about Ed Miliband’s shortcomings but you can’t call him vacuous. He now has an identifiable mission: to bring back ‘socialism’, as he pledged to do Sunday.

Today he told us about the fruits of this populist socialism: confiscating land, freezing energy bills until 2017, schools offering free extra childcare (paid for by bashing banks). It all amounts to a firm, left wing agenda that the audience in the hall loved.

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