Debate: Is there any merit to Labour’s ‘financial totalitarianism’ plans to tackle climate change? Q: Is there any merit to Labour’s ‘financial totalitarianism’ plans to tackle climate change? Yes – Angus Satow is co-founder of Labour for a Green New Deal. The free market is failing us. Despite enjoying free rein following Margaret Thatcher’s deregulation programme, the UK’s financial system has been completely unable to tackle the climate crisis. [...]