Hi truthfullylying, I think we're almost getting down to a philosophical issue, which is what do people actually have in mind when they vote. If I'm understanding you correctly, when you go into the voting booth, you have in mind the proper long term, decades hence, and a comparison of living standards in the UK and other European countries. You think of all the 70 million peopple in the UK, rather than you and your network. That's cool. For me, when I go in the voing booth, I've got in mind the parties' manifestos and the interviews they give on TV before the election, and what their policies will mean for me and my family over the next 5 years. How we will live, our livelihoods, our living standrads over the next five years. Because that's what I am focussed on - me and my family being OK over the next five years.
So we have two different perspectives when we vote, and I personally think yours isthe more privileged perspective, but of course, that doesnt assign any greater moral weight to your perspective or mine. They're just different. You're doing you and I'm doing me. That's all good.
If Labour have better policies for me at the next election, I'll vote Labour. But I have no idea currently what Labour's policies are, other than woman is just a feeling, and lots of party members hate the leader and want Jeremy Corbyn back. So if Kier wnats my vote, he better pull his finger out.
Finally I should add that I understand the structural issues you refer to. I would suggest that they are attributable to a number of macroeconomic issues which are beyond the control of any British government - the flood of cheap debt in the early 00s, ultra low interest rates since 2007, the rise in asset prices across the developed world, the economic growth of China, the shift to a digital world. In social terms, the effects of social media and hyper-individualisation and the collapse of religion and regional identities also play a role. In my view.