Macro N Cheese
Macro N Cheese
Steven D Grumbine
Ep 342 - From Corbyn to Palestine: an MMT Analysis with Chris Williamson
1 hour 13 minutes Posted Aug 23, 2025 at 11:30 am.
The Intersection of Economic Theory and Class Struggle
The Evolution of Economic Thought and Neoliberalism
The Role of Monetary Policy in Political Systems
The Rise of Alternative Politics in the UK
The Changing Landscape of Housing and Class Struggle
The Fight Against Poverty and Economic Inequality
The Genesis of Controversy
The Crisis of Leadership in the Labour Party
The Rise of Keir Starmer and the Shift in Labour Politics
The Rise of Political Challenges in Modern Britain
Raising Awareness and Infrastructure Maintenance
Transitioning from Maintenance to Revolution
0:00
1:13:02
Download MP3
Show notes

**Be sure to subscribe to our Substack. It costs you nothing to have all our new content delivered to straight to your inbox!  https://realprogressives.substack.com/ 

Remember Labour's stunning defeat in the 2019 UK general election? When, under Jeremy Corbyn’s leadership, they won the lowest number of seats since 1935?   

Steve’s guest, Chris Williamson, brings an insider’s view to the story. Chris is a former MP and shadow minister for UK’s Labour Party. He’s currently deputy leader of the Workers Party of Britain, and hosts a show, Palestine Declassified, that has the notable honor of being banned by YouTube. 

Chris describes some strategic missteps within the Labour Party under Corbyn and others. He criticizes the adoption of neoliberal policies, like the fiscal credibility rule, and Corbyn’s ambiguity on Brexit. The Zionist lobby leapt on their support for Palestine; charges of antisemitism hit their target. 

“Unfortunately, Jeremy gave it legs by continually apologizing. And as I said to him at the time, ‘Every apology you make and every concession you give is just feeding the beast and making it stronger. Ultimately they're going to come for you and destroy this project.’ And they did. I mean, that's what really killed the Corbyn project. It was the antisemitism thing. I mean, what finished it off. What delivered the coup-de-grace, of course, was the commitment to a second referendum on Brexit.” 

Chris also recounts his own experience as a victim of coordinated attacks which led to his being ousted from the Labour Party. 

Throughout the conversation, Steve and Chris continuously pound the MMT message, reminding us that the UK, like the US, is not constrained by lack of money!

Chris Williamson is a former member of Parliament and shadow minister for the Labour Party, currently deputy leader of the Workers Party of Britain.

@DerbyChrisW on X 

Follow Palestine Declassified https://www.presstv.ir/Section/150108