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


No comments:

Post a Comment

One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.

Matt Stoller Explains Spirit Airlines' Bankruptcy

Spirit Airlines CEO Got A $3.8 Million Bonus A Week Before Its Bankruptcy by   Matt Stoller In January of 2024, a   judge   blocked the atte...