[…] all the major economies because we went all in on financialisation, a process that did not start with Brown. It started under the governments led by Margaret Thatcher. Brown then accelerated it and the over-extended and over-leveraged banks became far too big relative to the rest of the economy. To give a proper sense […]
[…] all the major economies because we went all in on financialisation, a process that did not start with Brown. It started under the governments led by Margaret Thatcher. Brown then accelerated it and the over-extended and over-leveraged banks became far too big relative to the rest of the economy. To give a proper sense […]
[PDF file]: […] government to direct the economy; and no reacquisition of the privatised state assets, the roughly £100 billion of taxationcreated assets flogged-off for around £50 billion during the Thatcher years. All talk of justice, fairness and redistribution had been stripped from the vocabulary. They had learned the central mantra of neo-liberalism: private good, public bad. […]
[PDF file]: […] turned thirty and was now eligible for gender reassignment surgery . . . I was revelling in my new life in the North of England when Margaret Thatcher cracked down on the Mossad spies working in Britain. I had my first brush with this Thatcher crackdown at Grappenhall when I was on my way […]
[…] beginning of the decade about the KGB shooting the Pope. After I wrote that paragraph I was looking at volume 1 of Charles Moore’s biography of Margaret Thatcher and noticed that he has it that the shooting of the Pope was probably the work of the KGB. Probably? Moore’s caution is striking. Hadn’t the […]
[PDF file]: […] academic learning and wealth creation’, so much so that ‘the country appears to be betraying its commitment – however distant – to meritocracy’. He actually argues that Thatcher, Major and Blair tried to squeeze the ‘rejuvenated aristocracy’ out of politics – which rather misses the point about their governments. Each of them which presided […]
[PDF file]: […] British conservative movement. In some ways Thatcher’s children really are Rand’s offspring. It was Rand who first said ‘There is no such thing as society’,84 echoed by Thatcher in 1987. Whether or not Thatcher had read Rand is, as far as I know, still unclear. Nevertheless Mrs Thatcher wanted to take Britain back to […]
[…] British conservative movement. In some ways Thatcher’s children really are Rand’s offspring. It was Rand who first said ‘There is no such thing as society’,84 echoed by Thatcher in 1987. Whether or not Thatcher had read Rand is, as far as I know, still unclear. Nevertheless Mrs Thatcher wanted to take Britain back to […]
[PDF file]: […] . The police were a vital arm of the British state in the Eighties as bloody battles were fought against criminals, football hooligans and trade unionists. Mrs Thatcher needed the police to take on the miners. She was, and is, an icon to Tories like myself. It pains me to write this, but we […]
[…] British conservative movement. In some ways Thatcher’s children really are Rand’s offspring. It was Rand who first said ‘There is no such thing as society’,48 echoed by Thatcher in 1987.49 Whether or not Thatcher had read Rand is, as far as I know, still unclear. Nevertheless Mrs Thatcher wanted to take Britain back to […]
