Tuesday , July 25 2017
Home / Tag Archives: austerity

Tag Archives: austerity

Brexit is working out exactly as intended

Derelict high street

Some years ago I watched a group of boys arguing over a bag of sweets.  The boy whose sweets they were was adamant that nobody else was going to have them.  Despite his friends imploring him to share at least some of the sweets, the boy refused.  Things deteriorated into …

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The distinct whiff of ministerial greenwash

Solar Power

Green virtue signalling has become so prominent that even Tory ministers are getting in on the act.  Today, Business and Energy Secretary Greg Clark will announce a new Industrial Strategy that, apparently, aims to power the UK economy with solar panels. What’s not to like? Except, of course, that this …

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They promised a small state. They gave us a weak state

Corporate welfare

While the 2008 financial crash finally exposed the infantile economic theories behind neoliberalism, most of its political claims remain unchallenged.  Key among these is the belief that somehow successive neoliberal governments have been “rolling back the state.” Ripping up so-called “red tape,” cutting taxes and providing ready access to finance …

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Michal Kalecki: Populism, fascism and the failure of elites

Michal Kalecki

Every 40 year or so, it falls to the mass of the population, led by a politicised youth, to deliver a knockout blow to the prevailing economic/political consensus.  The affluent (neo)liberal classes are inevitably horrified when this happens, since it rocks the foundations of their comfortable way of life.  The …

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Burning £50 notes in front of the poor

Burning £50 notes in front of the poor

The cognitive dissonance is palpable among Tory supporters today.  Having spent the last eight weeks spouting the economically illiterate mantra that there is no #magicmoneytree, they have discovered that when it comes to buying the votes of the political wing of the Old Testament there really is a magic money …

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Is Britain on the edge of disaster?

Is Britain on the edge of disaster?

On a cold Sunday in December a subcontract electrician makes some final changes to a railway signalling circuit.  The electrician is at the end of his thirteenth consecutive week of seven day working.  He is not entirely sure that the work he has done is correct.  But any problems will …

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Not the Brexit election Mrs May expected

UK election 2017

The British general election on 8 June was meant to be The Brexit Election that would provide incumbent Prime Minister Theresa May with the strong and stable majority with which to go into battle against the EU 27. It didn’t turn out that way though.  A strong Labour campaign worked …

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Britain’s coming food crisis

Food riots coming to a city near you

It is no accident that we remember Marie Antoinette for supposedly saying “Qu’ils mangent de la brioche (let them eat cake).”  Whether she actually said it is irrelevant.  The fact is that the French Revolution evolved out of food shortages that forced the desperate poor to take to the streets …

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