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
Tag: capitalism
Thatcherism was a national catastrophe that still poisons us
We could go on. Britain was one of the most equal Western European countries before the Thatcherite project began, and is now one of the most unequal.
Source : Independent
Glenda Jackson launches tirade against Thatcher in tribute debate
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…
Power: A New Social Analysis by Bertrand Russell
A common peril is much the easiest way of producing homogeneity.
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.”
Source : The Guardian
Quote of the week
To curb as if in fetters unbridled hopes and a mind obsessed with the future, and to aim to acquire riches from ourselves rather than from Fortune. – Seneca
Angela Davis Weighs in on Black Power versus Occupy Wall St.
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
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.
Source : Common Dreams