The Palace of Westminster needs £4bn in repairs, and will probably get them. It’s another reminder of the thoroughgoing rubbishness of the case for austerity.
For years, the message beamed down from Whitehall has been that past governments spent too much. The country was in too much debt, and, as a result, there had to be massive cuts in public spending.
In fact, austerity has always been about the neoliberal power elite restructuring society in its own interest. The cuts overwhelmingly fell on services ordinary people depended on – and that rich people could make a lot of money out of if they were privatised.
The much-banged-on-about ‘deficit’, the gap between what government spends and what it brings in in taxes, is about £69bn. That sounds like a lot of money. But between 2009 and 2015, the wealth of the richest thousand families in Britain rose by 112% to £547bn. ONS figures from 2014 put the UK’s total private wealth at £11.1trn – and estimated the richest 10% of households owned about half of that. The same year, Bank of England economists estimated UK corporations were sitting on £500bn that they were refusing to invest. Continue reading “Let’s not repair parliament”
This month: we wrote something outlining what for the moment we’re calling Modern Socialism, an attempt at a non-dogmatic, ecologically-sound twenty-first century redefinition of radical Left politics. It’s really what this blog was started for, and it only took us four years to finally get round to it. And that’s about it, because we spent most of February helping someone recover from major heart surgery, so here’s a list of fairly recent posts for you to peruse instead.
Fantasy fascism: how to enjoy action films, despite the politics
Podemos and pragmatic radicalism
Bemolutionary Mix-Tape 2014
Doing It For The Kids: The environment, the future, and whether they have one
The NHS in ‘The Apprentice’ society
That said, given that it’s been such a glorious month for British democracy, we still found the time for an extra-specially long Bem Bulletin to celebrate.
Music: Jimmy Witherspoon & Robben Ford; Paco de Lucia (on the first anniversary of his death) with John McLaughlin
In this month’s Bem Bulletin:
- Tax Avoidance for Everyone
- Peter Oborne and the Corporate Media
- Cash for Access
- Taking Liberties
- I Married ISIS
Continue reading “Bem Bulletin #4: February 2015 -We Don’t Live In A Democracy Special, starring Lord Fink, Peter Oborne, Jack Straw, Malcolm Rikfind and Capitalism”