UK Politics
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I mean, there's a reason most countries don't do what you're describing, and that's that it's economic suicide. It's easy to forget it what with the fascism and all that, but the first world is currently going through a demographic crisis and needs all the labor it can get.
In that case our democracy has lost all meaning.
If we can't do what's right, or best, for society, because "the economy" says so, then the economy has become the de facto governing principle of our nations. Which is clearly the case, as we can see.
If money is power, then capitalism is a form of government. But capitalism doesn't say shit about good human life, good human society, it only concerns itself with the accumulation and production of "wealth", and "good human society" is at best an afterthought, at worst an impediment to that process.
The whole world has become a game of monopoly. The rules suck, it's unfair, and in the end someone will flip the board and there will be violence.
Always has been? Like, we tend to abstract this stuff as "the economy,"* but of course the (or at least a) governing principle of any society is keeping its members at least somewhat fed and clothed. Even if cutting immigration was going to curb the rise of the far right (it won't), it's not an option because it'd seriously compromise the welfare of society.
*This is ignoring the other economy, which refers to rich people's yacht money.
I 100% agree. I was talking about what I think Labour should do if it wants to stay relevant in British politics, not what I believe we, as a country, should do.