Tuesday, October 19, 2010

Capitalist ideology dominates cuts decisions

Excellent piece by George Monbiot (see quote below). The spending cuts process is dominated by Tory capitalist ideology more than practical necessity. The Lib Dems are backing the Tories to the hilt - so much for Vince Cable's concerns about capitalism (this never did have substance anyway especially given that he is privatising the Royal Mail and backs the establishment of a free market in tuition fees...ie he is extending capitalism!! More on this issue soon.).

Monbiot.com » Britain’s Shock Doctrine

...Public bodies whose purpose is to hold corporations to account are being swept away. Public bodies whose purpose is to help boost corporate profits, regardless of the consequences for people and the environment, have sailed through unharmed. What the two lists suggest is that the economic crisis is the disaster the Conservatives have been praying for. The government’s programme of cuts looks like a classic example of disaster capitalism: using a crisis to re-shape the economy in the interests of business....

No comments:

Post a Comment

Genuine, open, reasonable debate is most welcome. Comments that meet this test will always be published.