Jeremy Corbyn: Quantitative Easing for the people

I’ve been wanting to write these words for a long time. If democracy is rule by the majority, and monarchy is rule by an individual, then what is capitalism? It is rule by those with capital, of course. Rule by the rich. That’s such an obvious statement that I’m not sure I’ve ever heard anyone saying it before. We all know that our monarchy is just for show. The Queen makes a dazzling display on the state opening of Parliament, wearing the crown and the royal robe, shimmering in all her jewellery under the TV spotlights, while summoning the commons … Continue reading Jeremy Corbyn: Quantitative Easing for the people

It’s offensive how banks try to play with our emotions

Have you noticed how the banks have been trying to humanise themselves through their adverts recently? I first noticed it with the Nationwide advert which was aired in the run-up to Father’s Day. It’s a real tearjerker. I won’t go into the details as I’m sure you will have seen it. Suffice it to say that the storyline involves an old scarf which gets lost on the bus, and which a Nationwide employee finds and returns: all set to a simple piano tune and a querulous voice singing deeply emotional words. I don’t know about you, but I find it … Continue reading It’s offensive how banks try to play with our emotions

Money as Debt

One of the unfortunate side-effects of the scandal over MPs expenses was that it took people’s minds off that other group of perennial fiddlers, the banks. The difference is, of course, that whereas MPs expenses amounted to thousands of pounds, bankers bonus’ are measured in the millions. And whereas MP’s perks consisted of such unlikely items as floating duck islands and cleaner moats, the ultimate outcome of the present banking system is nothing less than total domination of the whole world by a few powerful institutions. Everywhere you go you see the same thing. In the middle of every major … Continue reading Money as Debt

Isn’t this the meanest legislation ever made?

A friend of mine has just received confirmation that, because of the bedroom tax, he will now be required to find an extra £13.38 per week towards his rent. My friend is disabled and the spare room for which he is liable is little more than a box room. Two square feet less and it would have been defined as a box room. The letter also contains a veiled threat. “If you don’t keep up with your rent payments,” it says, “your home will be at risk.” Isn’t this just the meanest piece of legislation ever? What it really amounts … Continue reading Isn’t this the meanest legislation ever made?