Thatcherism a catastrophe story

Thatcher

Hearing the news of Margret Thatcher’s death I felt a sudden urge to express a deep felt anger about her, about her policies and the critically wrong path on which she led the Britain of my teen years. I turned to my wife and asked “how do you express outrage in public” she is a professor of urban studies and therefore has studied such ideas. She stopped for a moment and then said to me “eloquent writing”. This was not the simple answer I was looking for. It then struck me that what she said was “eloquent writing” not “your eloquent writing”, so here is another collected reading with 5 eloquently written pieces that take thatcher apart piece by piece and reveal failed public, international and monetary policies and show her shameful legacy. – KP

The mayfair set

The Mayfair Set is a series of films that study how buccaneer capitalists of hot money were allowed to shape the Thatcher government in Britain during the 1980s. The series focuses on the rise of Colonel David Stirling, Jim Slater, James Goldsmith and Tiny Rowland — all members of The Clermont club in the 1960s, and how their distinct financial roles influenced the Thatcher government…

Watch

UN calls for overhaul of global financial system to benefit the poor

“Financial sectors have already returned to many of the old practices, even as public finances deteriorate and the recovery stalls,” he said. “Austerity measures are back on the agenda and resistance to financial regulation has begun in earnest.”

Read more

Source : The Guardian

23 Things They Don’t Tell You about Capitalism

You may think I am too extreme. However, this is what we do all the time with other products – drugs, cars, electrical products, and many others. When a company invents a new drug, for example, it cannot be sold immediately. The effects of a drug, and the human body’s reaction to it, are complex. So the drug needs to be tested rigorously before we can be sure that it has enough beneficial effects that clearly overwhelm the side-effects and allow it to be sold.

by Ha-Joon Chang

Find out more

Rising Awareness in Class Divide, Many Point to OWS

A new Pew Research Center survey of 2,048 adults finds that about two-thirds of the public (66%) believes there are “very strong” or “strong” conflicts between the rich and the poor—an increase of 19 percentage points since 2009.

Read more

Source : Common Dreams