Saturday, July 6, 2024

7/6/24 Links

Michael Hudson: We Need a New Political Vocabulary - from Naked Capitalism. Hudson examines the well-funded degradation in political descriptions.

“It can’t be said often enough that the change in where the center was perceived to sit was not organic but the result of a well-funded, open-ended campaign codified by the Powell Memorandum of 1971, with effective propagandists like Milton Friedman as its vanguard.”

Consequences of the British Election - Ian Welsh. Excerpt:

  • The grant to local governments dropped 60% from 2010 to 2020. They’re the ones who run most of the government: libraries, fire departments, council housing, roads, public transit and so on.
  • 20% of libraries closed
  • Spending on old people down 35% with one estimate saying this killed 45K people.
  • Inflation adjusted wages are lower than in 2007, and the inflation numbers are certainly lower than reality.
  • Rent and housing costs are way up.
  • Twenty percent less people get cancer treatment on time.
  • The UK now has the highest homelessness rates in the Western world.
  • Gutted universities, one of the few world class industries left in Britain (and one which brings in a lot of foreign currency.)
And so on. Tory rule has been a catastrophe.”


…and, lest you believe Labour’s victory means some lefties won: Starmer’s role in Assange’s persecution

7/7/24 update about Labour (from nakedcapitalism.com):

Labour is not going to deliver Funding the Future

Keir Starmer Is Very Serious About the Status Quo In These Times

The Rejection of Starmerism Craig Murray


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