You can only support the current manifestation of late stage capitalism, if you believe that massive inequality of wealth is necessary to wealth creation, or if you believe that the total amount of wealth is unimportant so long as a very small minority are extremely wealthy.
“Trickledown economics” is at heart simply a statement of the idea that massive inequality of wealth is necessary to wealth creation. There is no evidence for it.
The truth is, of course, that the poor ultimately benefit only from the economic activity of the poor. But not nearly as much as the rich benefit from the economic activity of the poor.
Taking money off the poor does not lead to an increase in wealth creation. If you look at the billions the Labour government is seeking to remove from the disabled, that is not only money taken away from them, it is money taken out of the wider economy.
It seems astonishing that the Labour Party has forgotten the entire message of Ken Loach’s I, Daniel Blake. But then, the Labour Party expelled Ken Loach for opposing the genocide of Palestinians.
Those on benefits have a much higher propensity to spend than the more wealthy elements of society as they have no choice; they need to spend all their income to survive and enjoy a minimal acceptable standard of living. This income is spent on the local goods and services they need, again to a much higher degree than that of wealthier people.
Much of this spend benefits the landlord class, but it is almost all within the UK economy and it has a multiplier effect in economic activity. All of this is pretty obvious. By simply taking this money out of the economy (and it has no real relationship to taxes and revenue) the government is reducing the overall size of the economy.
This austerity is the opposite of pro-growth. It is absolutely anti-growth. It achieves the precise opposite of the alleged goal of Labour’s economic policy.
All this is designed to reduce the fiscal deficit, allegedly. But reducing economic activity will reduce revenue. It is a death spiral. If the aim was actually to reduce the fiscal deficit, taxing those who have money would be far more sensible than taking money from those who do not.
But actually that is not the object at all. The object is to convince the neoliberal finance system that this is a safely neoliberal government, willing to hurt the poor and leave the wealthy untouched.
That system brought down Liz Truss for failing to acknowledge orthodoxy on the fiscal deficit. The strange thing is that Truss was actually right on the non-importance of this shibboleth. Where she was wrong was in a desire to decrease still further taxation on the wealthy, rather than increase spending on the poor; but her attitude to deficit was not wrong.
A higher deficit only leads to an increase in interest rates if you wish to seek to maintain the value of your currency in international markets. But like so many of these economic targets, the justification of this is a matter of convention more than reason. I have seen massive swings in the value of sterling over my lifetime, which have had little impact on the UK’s steady economic decline, although a habitual tendency to over-valuation has contributed to the wipeout of British manufacturing industry.
We now have Rachel Reeves wedded to Gordon Brown’s doctrine on fiscal spend, that led to the horrors of PFI and paved the way for austerity. Yet when the Establishment want to bail out the bankers, unlimited money can simply be created, and when they want to boost the military, unlimited public spending is immediately possible.
New Labour’s economic policy is Thatcherism, pure and simple.
The truth is we do not really need economic growth. The UK economy produces enough wealth for everybody to live free of poverty and in real comfort. The problem is the distribution of that wealth. We live in a society where, astonishingly, 1% of the population own 54% of the wealth.
You can argue about the precise statistic but the massive inequality is clear. The cause of poverty is inequality. The answer is to reduce inequality in a variety of ways – not only by progressive taxation but also by changing the ownership structures of enterprises.
The purpose of reducing poverty and increasing comfort for the majority is to spread happiness. Eternal economic growth is not a necessity for this. Happiness is not merely derived from possession of stuff, and owning more stuff is not the panacea.
Happiness arises from comfort, good relationships, active and engaged minds and a balanced society. A society which prioritises the libertine wealthy over caring for its disabled can never be balanced and can never be happy.
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Agreed, the general course of the ship of state has been unaffected by a change of the person at the wheel since the days of Thatcher.
“The purpose of reducing poverty and increasing comfort for the majority is to spread happiness. Eternal economic growth is not a necessity for this.”
However, without economic growth, no one can afford to pay interest and where would the banks, the “investors” and the other money lenders be then? Britain has for centuries been a society run by people who live off rents, if you include interest as rent on money.
Yes, poverty is best addressed by printing money and giving it away so as to disincentivise people from earning any themselves.
@Tdg – Why not murder all working class disabled people whose families wouldn’t have enough money to pay for their subsistence even if they worked 10 hours a day at Tesco’s and a further 8 hours as street whores?
Start with cutting off the water supply, because why should they get something for nothing? Then poison them from the air, because the unhygienic wretches are stinking up the place for those who’ve managed to find themselves (or their money) a bit of “economic activity”. I mean do the rich have the right to decide how to invest their money, and their state’s money, or don’t they?
Who TF are those who support capitalism to talk about what incentivises anyone to do anything? Capitalism is the apotheosis of what’s anti-human and anti-social.
Thatcher spoke of the City of London as where real value was created. Duhhhhhh.
The City of London is where the real Power is wielded from. Their representitive in Goverment/ Westminster is the “Great Rememberancer” and he has a permanent seat to the right of the Speaker of the House. It acts as though a Country within a Country, and afaik, the Crown has to seek permission of entry.
Not everyone is a lazy bastard who won’t work unless they had to. Nor is this laziness only confined to those who can’t afford it. The rich can be lazy, too. Yet surprisingly, although very many people are rich enough not to have to work, a huge number of them still do. Some even work for no money – it’s called the voluntary sector, in case you were wondering’.
In any case, you have misread or misunderstood the point of Craig’s post. Perhaps you would like to re-read it now that the red mist has cleared.
Re: ‘Much of this spend benefits the landlord class, but it is almost all within the UK economy and it has a multiplier effect in economic activity. All of this is pretty obvious.’
It’s not obvious at all, Boss – mainly because it’s not true. Think about it: If there were an economic multiplier effect to paying benefits, rather than incentivising people to work hard and/or companies to invest to increase their productivity, or importing labour from all over the world with all the issues that leads to, all governments would have to do to grow their economies would be to pay benefits – ideally to almost everyone. Such economies would grow rapidly because an increased GDP would increase the tax base, meaning governments could pay out more benefits, further increasing GDP, etc etc. So before too long, almost everyone on benefits would own millions of dollars worth of assets that they’d bought with their benefit money, and the capitalists would all be squillionaires. As you may have noticed, no countries are like this.
The government is not taking money out of the economy; it may be slightly reducing what economists call its velocity. The only ways of taking money out of the economy involves central banks engaging in quantitative tightening (which almost never happens), or people actually burning it like the KLF did on Jura.
P.S. In the UK, the richest 1% of households have the same wealth as the bottom 54% of households. That’s not the same as them owning 54% of the wealth. In reality, they own about 20% of it, which is one of the lowest percentages in Western Europe, and far lower than in Russia or, believe it or not, Sweden.
—
Anyway, while I’m here: Are you still lying awake at night wondering what happened to Dawn Sturgess, Charlie Rowley, Sergei & Yulia Skripal, former Detective Sergeant Nick Bailey, and maybe even PC Oliver Bell, in the Year of our Lord 2018, but can’t wait until the Right Honourable Lord Hughes of Ombersley delivers his comprehensive, no-stone-unturned report on the Dawn Sturgess Inquiry later in the year? Well, lie awake wondering no more:
https://www.craigmurray.org.uk/forums/topic/the-salisbury-poisonings-episode-was-all-staged/page/6/#post-103404
(Too long; I’m not reading all that shit? – skip to the final paragraphs of Parts 1 & 2 headed LA’s VERDICT.)
“rather than incentivising people to work hard”
Isn’t that just a pretty way of saying “starving them back to work”? You don’t “incentivise people to work hard” by forcing them to do shitty dead-end make-work jobs. You might incentivise them to “work”, but you won’t get much useful work out of them. Also, you don’t understand what the term “economic multiplier” means. The rest of your comment is no more than the “your economic model is false, but mine is true” argument.
By the way, if you are who you appear to be, have you proved that a small calibre bullet is not able to penetrate the skull at point blank range on yourself, yet and, if not, why not, since you appeared so convinced that it is true?
“Much of this spend benefits the landlord class, but it is almost all within the UK economy and it has a multiplier effect in economic activity.”
This is so confused. The upkeep of proletarians who don’t produce any value or ease its production is a cost for the rulers, not a benefit for them. It therefore makes perfect sense for the rulers to tighten up the slack.
Bursar boy Keynes was from back in the day of Ford. Sorry but no no no, the microchip implants that are coming aren’t anything like the Model T and each one probably takes as long to produce as about 1 square millimetre of one coat of paint on a car’s bonnet. What applied then doesn’t apply now.
As for where this “late stage capitalism” idea comes from….sheesh… The total amount of value produced measured in labour hours can fall. Capitalism can cope with that. Indeed it has done in part of the world.
Everything is moving towards a megacull and slavery:
* marginalisation of criticism of genocide as antisocial, soft on foreigners, and terrorist
* crescendo of propaganda about lots of employed labour being useless
* callousness being built up towards weak groups such as children, elderly people, the disabled
* heavy restriction on space for activity and even “speech” outside the control of the corporate state [1][2][3]
Those who missed what was going during Covid ought to take their heads out of their arses. This is meant in the kindest possible way. But stuff happened between Thatcher and now.
Notes
1) See the ongoing trial of Constance Marten and Mark Gordon which really should be of interest to all oppositionists. It’s happening at the Old Bailey now.
2) See the government’s plan to crack down on home education, mandating compulsory registration with local state Nazis
3) No references to “panopticons” needed. Please, no!
Incidentally the British state came *that close* to hygiene zoning, earlier in this decade that we’re only just past the halfway point in.
It is absolutely no surprise that disabled people are now being reviled and attacked. And they number far more than the residents of elderly people’s care homes who were flatlined in 2020-22. On average they are less individually isolated too. See how the ruling scum are moving their front line forward?
Soon it will be working class children who are reviled and attacked. Wait and see.
“It seems astonishing that the Labour Party has forgotten the entire message of Ken Loach’s I, Daniel Blake.”
I will always have a soft spot for Ken because he made “Cathy Come Home”.
But what does it matter, really, which party’s twats are on which benches in the Commons?
Nice thoughts but the system is now too far gone, we’re doomed.
Starmer, Reeves, Milliband. Things will get a lot worse before it shows any improvement.
The man in the street cannot vote himself out of this mess.
Incidentally it is not particularly radical to observe that “Starmer’s” “economics” are Thatcherite.
I recall Tariq “plantation owner” Ali writing a play in which he conveyed to le tout Islington the message that Blair in power was all style and no substance. He was like a guy charging money for well-off people to hear him declaim that 17 is a prime number. I can laugh, but we don’t need no intermediaries, whether they’re dimwitted or clever.
There is a connection between the ruling scum putting their jackboots on and wading with baseball bats into the living conditions of the weakest parts of the working class, and capitalism’s ongoing technological revolution. That is fundamental.
But who’ll be brave enough to introduce Universal Basic Income? I wish someone campaigned on this theme. It’s not a magic wand, but at least people will be incentivised to work by other factors than biological survival.
Conversely, the Housing Benefit – public money now flowing to private landlords – is largely blamed for being at the root of the current housing crisis. What’s a good balance between supporting the poor and not overflowing the market with money?
UBI sounds like a good idea. More public housing may be better than more housing benefit. But, and this is a real question, how can council housing stock be protected from the appeal to greed, which the Tories successfully made in the past?
@M.J. – Sure, more public housing would be great. It could go something like this:
the government
1. Nationalises banks and other moneylenders.
2. Exercises all the mortgages they now hold, thereby taking ownership of millions of houses.
3. Annuls all debts owed by occupier previous “owners” and offers them low-rent permanent tenancies.
4. Offers low-rent permanent tenancies of the properties acquired from non-occupier previous owners to whoever wants to occupy them. (Basically bye-bye private-sector landlords including buy-to-let scum.)
5. Government offers to buy remaining privately-owned properties at very low prices and also to offer their owners low-rent permanent tenancies too (for occupiers only).
The thing regarding 5 is that many people without mortgages once they woke up and smelled the coffee would say fine. They’d accept say £5K now and a permanent tenancy at low rent, given that that would be roughly the same amount they might get for their house on the open market (because there wouldn’t be much demand, because of 4), and given that houses come with maintenance costs.
Basically smash landlordism, crash the insane property market that currently only benefits landlords and moneylenders, and introduce secure housing for everyone. That’s win-win-win.
But of course here in the real world that’s never going to happen, because the idea of some kind of social democratic reform of capitalism is garbage and the only way to get rid of capitalism is by revolutionary violence…
… which similarly isn’t going to happen because almost everyone picks their f***ing smartphones and has been made as thick as two short planks …
…but hey, maybe after the megacull there will be some hope….
but once microchip implantation is compulsory at birth (or before) (probably less than 10 years away), I may be being somewhat unrealistically optimistic.
Seriously who can disagree with the above??
A revolution involving mass loss of life and being branded with the mark of some “antichrist” dictator in the case of adults, even if children get out of it somehow
This looks like the scenario in the film “Six: the mark unleashed“.
I hope we get spared such a thing.
MJ, they’re are’nt many Councils that actually, any longer, have a “Housing Stock”, that quaint concept disappeared around 20 years ago. Housing Stock transfer to ALMOs (Arms Length Management Organisations) and multiply merged housing consortia was the final nail in the coffin following Thatcher’s Right to Buy initiative. The vast numbers of former Council residential properties are now owned by the Banking sector and managed on their behalf by semi-privatised Social Housing Providers.
I’m not finding anything saying housing benefit/Universal Credit is a cause of the housing crisis. It’s underpaid compared to market rates. Though LLs are allowed loopholes to decrease size or facilities or support but still charge the full Local Housing Allowance rate (often more, so someone has to make up the shortfall). That does chronically contribute to ill health, social/family problems and homelessness.
The real theme seems to be underbuilding for decades, for whatever root reason?
@GratedApe – That’s so chock-full of buzzphrases I don’t understand a word of it.
If I look for a semantic minimum in your first two sentences, I get “housing benefit is paid at less than market rates”. (I hadn’t realised it was paid in return for anything, let alone something that could be sold on a market.)
If I try with the last sentence, I get “there should be more houses”.
You work in an office, where dealing in bureaucratic jargonistic terms that objectify people and what gets done to people and groups of people is the culture, am I right? And where no written sentence is considered truly tasty unless it’s got a forward slash in it?
There are easily enough houses for everyone to live in comfortably – fact.
“I’m not finding anything saying…” Are you Laura Kuenssberg? 🙂
No but I’ve had to deal with that bureaucracy too much.
Why do so many sources, and the Labour Party, talk about the need to build more houses then? Just lobbying by builders?
Housing Benefit is paid at a maximum called the Local Housing Allowance. Rents have often increased more than that.
“I wish someone campaigned on this theme.”
Nobody puts UBI on their platform for the simple reason that it is universally hated. The rich hate it because it gives money to the undeserving poor, and the poor hate it because it gives money to the rich who don’t need it.
If you look upthread you will see that there are already comments from two of the “if you give money to the poor they won’t work” school of thought, if not more by now.
Yes, and it is so obvious. Why isn’t neoliberalism just dead in the water!
right on.. thanks for saying all that… the last section applies equally to canada where i live..
You need to be having a chat with Gary Stephenson of https://www.youtube.com/@garyseconomics 🙂
(Gasp) But Starmer took a picture of Maggie down from the wall of his study!
More seriously, I asked ChatGPT to compare and contrast the economic policies of Margaret Thatcher, Gordon Brown and Keir Starmer.* I won’t quote the long response in full, but Starmer appears to be greener and more committed to welfare state support for the most vulnerable than Thatcher, but not as much as Brown
*That just made me think of a joke. A teacher gives someone a C for an essay.
‘But Sir/Miss, to be honest I was in a hurry, and used AI to compose it.’
‘Well, I was also in a hurry and used AI to mark it!’
Best policy is as soon as something seems as though it was written by a biggie comp prog, don’t read the rest of it.
Join the human side.
Surely I’m not the only person who has noticed that when you ask a biggie comp prog a difficult question that can’t be answered in the same way as “What is the capital of France?”, it as often as not gives you an annoyingly sophomoric answer with all the inaccuracies and gaps in knowledge and logic covered up the way an annoying 14yo might contort himself to cover them up. And then you have to ask again in baby language as if you were talking to an idiot.
If people think this is a nice and stimulating and enriching experience their minds and souls must be very impoverished.
Then again, perhaps they work in an office or something.
Well the current upshot is that Reform is odds on favourite to win the forthcoming Runcorn and Helmsby by – election. Out of the frying pan and into the fire.
Powellism won in the country as a whole in 2016 and didn’t get what it wanted, so what do we expect?
It’s not a question of “We want X” but “We were robbed of Y”, which is a much bigger motivator. Cf. if you can do something to make an extra £1, compared with how you feel if someone steals £1 from your pocket. Almost everyone who voted for Brexit did so because they don’t like non-whites and foreigners living here and coming here and conducting themselves as if they have a right to. That is the ugly fact. And immigration has continued apace. And their living standards are falling down the toilet, and they are so f***ing stupid they blame non-whites and foreigners. Good luck to anyone who wants to talk to the thickos about Gaza.
Tommy “Hair Gel” Robinson is due to be released in July. Maybe Elon Musk can arrange for a Tesla to pick him up at the prison gate?
July is also the earliest time there could be another parliamentary election in France. The Macron link with Cyril Hanouna is fascinating.
“Almost everyone who voted for Brexit did so because they don’t like non-whites and foreigners living here and coming here and conducting themselves as if they have a right to.”
That is pure Remain propaganda. I take it you voted for Remain. A huge chunk of people who voted for Brexit only did so because David Cameron aligned the government with Remain and they hated the government and David Cameron and wanted to vote against anything DC wanted them to vote for. Leave didn’t win the referendum, Remain lost it.
The problem for the UK economy is that it isn’t just the unemployed or even the dependants of the lower paid who aren’t (in strictly macroeconomic, financial terms) productive. The employees in our enormous public sector are, of course, also entirely dependent on government for their salaries and wages too. Thus while, on paper, a GP earning £100,000 or so seems to be contributing to the GDP, because he or she is paying large amounts of tax – that salary is in its entirety paid for by taxpayers in the private sector, many earning less.
The Guardian’s columnists hypocritically wring their hands about the plight of the disadvantaged when much of the blame for the lack of money are a) ruinous spending on British foreign policy that they support, whether it is defence or Brexit, as well as the legacy of the lockdowns which ‘progressives’ said hadn’t been harsh enough and b) grossly overpaid (and too numerous) civil servants, managers and specialists in the public sector. ‘Thatcher’ is a convenient bogeyman for the Guardian and their ilk to hide the extremist policies at home and abroad that they themselves thoroughly support and have been complicit in (many of which Thatcher herself would never have countenanced).
Britain actually spends very little on defence. Aircraft carriers and Storm Shadow missiles have nothing to do with defence.
Re-naming the War Office to “Ministry of Defence” was a classic example of Orwellian Newspeak.
“Thus while, on paper, a GP earning £100,000 or so seems to be contributing to the GDP, because he or she is paying large amounts of tax – that salary is in its entirety paid for by taxpayers in the private sector, many earning less.”
doesnt that kind of prove that the private sector is flawed
“Thus while, on paper, a GP earning £100,000 or so seems to be contributing to the GDP, because he or she is paying large amounts of tax – ”
GDP has nothing to do with taxation and vice versa. If a GP earning £100,000 pa spend all that in the course of the year, that’s £100,000 on GDP.
Craig Murray This –
“.. A higher deficit only leads to an increase in interest rates if you wish to seek to maintain the value of your currency in international markets. But like so many of these economic targets, the justification of this is a matter of convention more than reason. I have seen massive swings in the value of sterling over my lifetime, which have had little impact on the UK’s steady economic decline, although a habitual tendency to over-valuation has contributed to the wipeout of British manufacturing industry… ”
… is mainstream false information. UK Gov *issues new £s* as it spends. Gov ‘borrowing’, aka Gov Bonds, Gilts etc. is a fake narrative, not applicable to UK monetary system since the Bretton Woods currency pegs (& US$ to gold peg) ended in 1971.
Further, the interest rate offered on Bonds (BoE base rate) is set by the Gov via its BoE, & not ‘markets’.
Not only is it not necessary for Gov to pay interest on these *risk-free savings accounts* for banks & the rich, Gov doesn’t need to offer them at all. The original reason was for Gov to manage its FX rates – increasing rates to encourage big finance to hold £s (in Bonds or reserves form) and not exchange for other currencies, which would push value of £s down.
Not applicable in floating rate regime since 1971.
But you are right to observe that FX rate fluctuations have very little impact on the real economy. (‘Real terms of trade’ are slow to move & not affected by short term Fx changes, which are driven by capital/big finance flows, not real trade.)
The reality is that UK Gov can buy or hire all domestic real resources & labour available priced in £s sterling.
Prof. Stephanie Kelton explains the basics in her lecture for UCL at the British Library in 2018 – https://www.youtube.com/watch?v=6IBEoWSiTHc
Fair enough, but what, then is the cause of inflation?
Something not mentioned so far is the issue of “Off-Shore holdings” or banking facilities performed overseas, often in, but not confined to, British Sovereign Territories like the Cayman Islands, Channel Islands etc. These provide an exhorbitant priviledge to the very wealthy, not enjoyed by 99%+ of the UK working population and/or small businesses or SMEs. The minimally waged Careworker in one of our privately owned Care Homes (locally owned and managed Council Old People’s Homes, of which there were plenty, disappeared ages ago) pays full tax and national insurance on their meagre earnings. The Care Home, charging upto £1000 per week per resident is not so wearily burdened, through perfectly legal tax avoidence measure and magical financial manipulation, they pay the barest minimum, if any at all apart from business rates and afaik they may even be exempt from paying them. I’m a great believer in the concept that: if you earn here, you pay your dues here. All this brass plated letter boxes in faraway lands needs sorting asap, as it’s clearly a unique advantage enjoyed by the very few and not the majority. In fact it’s even worse to the extent that these same few enjoy all the advantages and utility of our publicly funded utilities for free. Another small example of socialised costs and losses and privatised profits.
Note also that for ‘inflation’ to be *continuous* & not mere prices increase stabilised at a new level, it requires the Gov to continuously accept higher prices as the *currency issuer monopolist* setter of the general price level.
It is well within Gov’s power to provide reasonable prices stability in managing this, & at full employment.
This is the definitive statement of the system operation, written in US context, but UK system is functionally identical in a Gov issued fiat (floating) currency.
http://moslereconomics.com/mmt-white-paper/
If you do as Craig suggests ie Increase state borrowing and lower interest rates the result would be inflation fall in the value of the £ leading to further inflation further decreasing the value of the £.
It would take about 5 minutes for the financial markets to work out what was going on.
Net result UK goes from becoming a ” Rich” country to a 3rd world ” Poor ” country . ( With no power to harm a flee, perhaps what Craig really wants ).
The poor and disadvantaged would be worse off.
Most likely result in an economic collapse caused by hyper inflation leading to depression to revolution leading to some kind of dictatorship.
Warning! / spleen!
The Ziofascists of our uniparty nation – the Great Knight Dope , Brave Herr KyirStarmztrooper and his poxy Camelot. I won’t mention him again.
The purpose of our globalists neoliberal/neocon unipolar hegemonic system for the last 50 years had been to spread un-happiness.
Britons were happier and not so divided between rich and poor into the seventies!
You could rent or buy a house and raise a family on a single wage!
Maggie put paid to that with her hand bag economic voodoo and loddsamoney culture. The privatisations.
The purpose was to make people poorer. So they don’t raise their heads.
To set them against each other so the tyranny of the ages can be restored.
Back to the haves and have-nots.
Including removing these basic securities of housing, education, health and welfare.
The return back to the halcyon happy days for the tyrants , who used to glory in their aristocracy, born to rule certitudes and through the Crown hand themselves great wealth and keep the rest of the population as forelock tugging happy salt o’the earth servants or really poor starving to death vagrants of the Victorian era.
There was 30 years of the ‘Trente Glorious’ as a result of the old order having to kowtow to the masses – the working classes – after the Red Army survived and tore to pieces the mighty proxy Nazis that were set up to destroy and take over EurAsia. Thus winning the World Island for those who have long craved it. The ziofascist global robber barons our highest elites of the Collective West.
The Europeans and Americans were given the public spending to stop them from seeing the Soviets as a better system.
That post war consensus was to avoid mass uprisings across Europe and hence joining the Soviets, who had proved they could put produce and beat the might of the Western fascism and industry. Yup – Nazis’were’us.
Our gentry, industrialist and Bankers, academics and marketers.
Joined at the hip across the Anglo European centuries of imperialism.
Playing at pass the baton empire building relay from one nation to another, using up its citizens to put boots on the ground for their conquests. Leaving each such nation as depopulated husks emptied of its wealth.
The current one the USA is where the populations were concentrated to make the mightiest conquistadors. It was their industrialist, banker oligarchs who financed and built that ww2 proxy Nazi Fascist Europe. It too has met its limits. Ahead of schedule.
Their End of History hubris has met a sudden end!
The final Empire that would seat above us all as the Greater ‘Wasrael’ – a giant white supremacist apartheid entity straddling EurAsia and Africa and owning the Seas and the ultimate resources and lands of EurAsia and Africa – for ever more – is not ready to take the Crown and it is NOT GOING TO HAPPEN.
Hence their desperate genocidal attacks in the Levant.
The desperation to achieve the grand aim is what has driven this centuries wars, forced migrations , agendas of supremacy.
The allusions and illusions of the Garden (and so the supposed jungle); the Golden Billion (so the culling of the human population that would threaten the hegemony, leaving just enough to service the Few for ever); the narratives of Fear. Climate, oil, resources, disease, food shortages …Islamophobia, that replaced communism as the big fear all to grab control and power back from the masses. The ultimate failure of democratic choice, by crass politics. To incite apathy and welcome tyranny.
Our establishment, our hierarchy, our academia and ‘Intelligentsia’, the media and the political whores are all pulling in that same direction. As they have been for the fifty years and two generations. Raising the entitled, woke , broke, liberal and libertarian Collective Wastes crop of neo-upstairs/downstairs, Few/Many orthodoxy poisoned young minds through propaganda or the cultural hegemony.
They the now retirement age are the real class traitors – whether they play the game of left/right or centerism. They who cry about inequality but are part of enforcing the system that made it more so. They who teach their young that it’s ok, as long as they are ‘all right Jack’.
The lies ! ‘We’ are the best! The liberal tolerant West. Our great country – ‘look at all the Ilegal migrants who want to come here’ ; as some form of squirrel pointing dog whistle racism.
An excuse for the ever increasing austerity; the encouragement of ‘illegal migrants’, of large numbers flown and boated in young men stolen from their homelands from distant countries and continents. That can be housed in high profile hotels in their hundreds – what for? To achieve the inevitable angst of getting the locals wound up!
Blaming the illegal migrants for lack of housing and doctors and nurses and failing public service – because we don’t build anymore social housing, we don’t employ more doctors and nurses, we let the privatised companies run down the infrastructure and don’t nationalise them when they are bankrupt!
I see that ‘Brains Dr Strangelove c**t Cummings’ is out showering us with his genius again, as he did for BrexShit/Covid scams. Because Fartage and Yaxley-Lenon are not appealing to the younger generations anymore. Even the twatterspoons captured park benchers have abandoned these new churches where such ‘mass formation’ base racism was hot housed. Too hooked already on their TeeVee and football and cheap supermarket booze. Better to keep people divided and hooked on that rolling News propaganda.
The failure of the Great Game proxy Ukrainian Nazis war is driving them insane.
As is the exponential industrial and high tech production values of the Chinese.
The failure to retain the top of the pyramid in the world economy as the financial wizard hegemons, the social media app rentierism, the control of agro industry to induce mass starvation to cull the populations.
‘Slow down’ they beg the Chinese. ‘Give us your resources’ they demand of the Russians and Venezuelans, as they already the control of the Arabs except Iran now.
Remain poor ‘they demand of Africa’.
All of their great plans of the ages are like a fly meeting a truck head on!
They are being splattered and the last thing that will go through their minds is the arses they think and talk out of.
There is nowt left to do but crying, stages of grief, bargaining, denial, demanding respect, demanding obedience … anything but acceptance.
Imposing censorship. Shutting down multipolarist voices. Supporting daily genocide in Ukraine, the Levant and farther away. Blaming any dissent as judaeophobia! Illegal summary arrests and jailing and punishing anyone who refuses the Narrative.
The end is nigh for our Collective Waste and our supposed elites and professors – crying more daily of the unfair world of multipolar rising bogey fascism, threatening our unipolar … real life daily fascism!
The scapegoats are being readied – heroes to villains, a lot of smoke and mirrors for the old shapeshifters to escape with their loot into the next century, to build another proxy generation to try again at that world domination! If the multipolar are dumb enough to let them.
Fuck them and all who sail with them.
Phew \ spleen.
“Economic growth” has to stop (second link), because global human energy usage cannot continue growing (first link):
Galactic-Scale Energy (below) proves that human total energy usage has to stop growing, really quite soon:
https://dothemath.ucsd.edu/2011/07/galactic-scale-energy/
Can Economic Growth Last? (below) proves that the economy cannot grow unless energy usage grows:
https://dothemath.ucsd.edu/2011/07/can-economic-growth-last/
Summary of second point using reductio ad absurdum – If the economy could continue growing without using ever more energy, energy and physical things like food would become infinitely cheap compared to all the flashy new products and services, such that even a pauper could buy up the entire world’s energy supply.
So Craig is right; we are witnessing the death throes of capitalism. “Good luck, Jim.”
“Summary of second point using reductio ad absurdum – If the economy could continue growing without using ever more energy”
Clark.
I’d image – when the politicians and the huge corporations that now run the world talk about growth they mean their growth, and not ours – they’ve been hinting at population reduction in one way or another for years now -and with the leap in AI and robotics – many humans in their cold business like eyes of figures and spreadsheets – we will be seen as surplus and expendable.
There is a simpler argument against continuous economic growth, which is that all activity generates heat as a byproduct, therefore the more activity you have, whether it is in computers, physical work or just thinking, the more heat it produces. Thus it can be seen that contiuous growth of the amount of activity must eventually reach a point where the heat generated makes the Earth uninhabitable. Of course, the energy would run out long before that, but we are talking about continuous growth here, which means no check or hindrance.
The MoD’s new weapons will be paid for – off the backs of the poor, disabled and vulnerable – the same group of people, the most vulnerable in society – will also suffer, so that weapons and aid can be sent to Israel and Ukraine – the Neo-Nazi, Zionist supporter Starmer – has also signed a hundred year deal with Zelensky/Ukraine – whatever that entails, and I’ve read that Stramer has underwritten much of Ukraine’s debt, which of course will be paid for by the British taxpayer, at a later date.
As you rightly say the poorer folk in society on benefits spend their moneys in their local communities – so if you reduce their money – then you reduce the amount they spend in their local communities – which inturn will see shops close and jobs lost – its a vicious circle – that only spirals downward; but hey look on the bright side they’ll be new shiny weapons – that the British government and their corporate buddies can use to murder then exploit foreign lands, under the guise of bringing freedom and democracy – to where none existed.
Its all downhill from here on in.
And if one tries to argue with a supporter of Guns before Letting the Proles have Butter, inevitably they will fall back on the knuckledragger-brained “Because otherwise Russian soldiers will be soon be bivouacking in the Home Counties”.
Even in their own terms – their own f*cking terms! – what they SAY is currently the international relations position would mean that 80 years of British foreign policy, including the last 35 years, was based on allying with the USA for completely idiotic reasons. One could also ask why don’t they take their pathetic little regime under China’s wing…but it would soon come back to the idea of soldiers with red stars on their hats crapping in Surrey rhododendron bushes and undermining inherited wealth.
Although of course I don’t think the ruling scum really are idiotic. They’ve made profit all along.
I recently met someone for whom it seemed to be of major importance that there was a “Labour” government now rather than a self-described Tory one, and I was like “What planet do you live on?” Maybe I should have asked the person to tell me three policy differences.
“New Labour’s economic policy is Thatcherism, pure and simple.”
Well yes it might try to be, but current politicians seem to forget that Thatcher had much higher income from various North Sea oil revenues, utility privatisations, and selling off companies such as Rolls Royce.
Starmer does not have this kind of money to play with.
Rail got far more state subsidy after the privatisation scam than it did when it was in the state sector.
The Thatcher government invested very little in Britain. Nor did it encourage rich b*stards to. Let them take their money abroad was one of the first things Thatcher did.
Just this minute turned on my laptop to check my email, and there was one from Declassified UK – ie a notification sent out a couple of hours or so ago with a list of articles from last week, and this was the first one in the list, posted on March 18th:
How Starmer aided Trump’s deadly bombing of Yemen
Exclusive: Britain provided aerial refuelling for US jets during Yemen airstrikes that killed 53 people, including women and children.
Prime minister Keir Starmer quietly involved Britain’s armed forces in President Donald Trump’s bombardment of Yemen last weekend, Declassified can confirm.
A Royal Air Force (RAF) Voyager aerial refuelling tanker carried out two flights from Akrotiri airbase in Cyprus into the northern Red Sea to support the USS Harry S. Truman.
The US aircraft carrier launched multiple waves of air raids across Yemen on Saturday and Sunday in Trump’s largest military operation since returning to office….
https://www.declassifieduk.org/how-starmer-aided-trumps-deadly-bombing-of-yemen/
Apologies if anyone posted it at the time (in another thread) [ Mod: Yes, Stevie Boy did, a week ago – see ‘The Curious case of Mahmoud Khalil’ 18/3/2025 @ 9:53am & ‘The Rot at the Core of Democracy’ 18/3/2025 @ 1:56pm. ]
Yes, it seemed unlikely to me that someone hadn’t seen the article at the time and, as such, posted a link to it. And having just checked SBs posts that you linked to, I recall that I read them both, BUT, didn’t click on the link in either post, OR, as I realise now, actually read what the link said.
Not much gets passed the guys and gals on here!
The Atlantic leak regarding the US bombing of Yemen was probably a Zionist operation to widen divisions between the USA and the EU.
(See especially the 3% and 40% figures that were mentioned in the conversation about the proportions of trade that go through Suez for the USA and “Europe” respectively.)
Not sure where Britain fits in in that scenario.
I don’t believe anyone gets included in such conversations by accident.
The 3% and 40% figures were mentioned – in a conversation about military action to be conducted within hours, not in a strategic discussion – by J D Vance. He probably said it so it would be leaked, and probably on his Zionist handlers’ instructions. I am assuming he doesn’t say whatever comes into his head whenever he feels like it.
One of the aims of the US government, or more exactly their owners, is to crash the global economy. They didn’t manage it in Q1 or at least not before triple witching day but…
Your last paragraph sounds like the ‘good life’ philosophy of Epicurus. I agree that society benefits from being founded on some such ‘good life’ philosophy (as in doing/being good, not having goods). There are other variants.