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World Eyes Rise Of Socialism As New U.K. Prime Minister Takes Power

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Self-described socialist Andy Burnham promised to establish a 'new economic model' as he officially became the prime minister of the United Kingdom on Monday. Burnham said: 'We will make this moment a circuit breaker for Britain, bringing forward the biggest changes in the last 40 years, a new political model, and a new economic model.' Burnham said: 'Political power was centralized, economic power privatized, large parts of the country de-industrialized, and they still haven't recovered.' Burnham said: 'We put life's essentials back under stronger public control to make them affordable to you again.'