Budgetary Sleight of Hand

This is rather a good video from Momentum. It is in the same vein as Simon Wren-Lewis’s suggestion that Conservative budgetary aims are based on deceit not ignorance:   Sam has got just one question – and if anyone can answer it, he'll vote for the @Conservatives for the rest of his life. pic.twitter.com/FJLXqQtNq8 —… Read more

The only bit of Neoliberalism that isn’t Fascism is the ‘Neo’ bit

It really does seem that the only remaining difference between Neoliberalism and Fascism is a slightly more liberal social policy outlook – although even that might be debatable in some cases. I now discover that whereas Hitler started the privatisation lark, his Fascist colleague, Benito Mussolini, started the Private Finance Initiative (PFI). Admittedly, it wasn’t… Read more

The real origin of privatisation

At the risk of proving Godwin’s law to be irrefutable I confess that this extract from James Meek’s ‘Private Island’ brought me up short. Certainly, the American academic, Sidney Merlin, summarised the true effects of privatisation as ones we’ve come to properly understand only almost eighty years later. And when, as it sometimes does, it… Read more

Président Macron’s government to sell Paris’s airports

I was most impressed with a journalist’s summation on France 2 of the proposal by Président Macron’s government to sell Paris’s airports. They are currently owned by just a shade more than 50% by the state.. The Prime Minister has said it is not part of the government’s purpose to extract dividends from infrastructure. Though… Read more

The REAL argument for Universal Basic Services

As a postscript to the previous piece on Universal Basic Income, (together with the interesting comment from Charles Adams on the same page) an American article makes a coherent case against a full Universal Basic Income: Our current economic crisis goes beyond the problem of income inequality. While inequality garners the most attention, it’s a… Read more