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Econ 101: What is Privatisation? What is Deregulation? What is Self-regulation? What is Economics of Fools?
Answer:
Capitalism for the 99% and Socialism for the rest: Where profits and benefits are privatised for the 1%, whilst costs and austerities are socialised for the masses.
Socialism for the 1%
Photo: betanews.com
Capitalism for the rest
Photo: theprisma.co.uk
A Warning to all those who voted for the Tories in the 2015 General Election!
David Cameron has vowed to make Great Britain “greater still”. The big question is: Greater than What? Greater than what his idol, Margaret Thatcher did?*
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Photo: independent.co.uk/
‘What the left needs is an account of how the suffering we experience in our personal lives stems from capitalist values, and to replace this system with one built on values of love and caring’
A Time for Reflection and a Time for Soul searching
Last night, the politics of fear and grievances won and progressiveness failed. Already many millions of words have been written on why the Progressive parties lost the election, on what went wrong; and moreover, how we might steer the path to progressiveness which might encourage us to take action in the interest of the common good.
I was searching for some answers myself. And then, I remembered a gem of an article I had read by a good friend of mine, Rabbi Michael Lerner, the editor of Tikkun Magazine, addressing the same question about the loss of elections by the Progressives in the US.
I returned to the article and read it again. I found that it answers my question/s: Why and How the Progressives are losing elections to the right-wingers, and moreover, what the Progressives need to do to overcome their shortcomings and get their message out.
I have noted some key excerpts from the article below. At times I have quoted them directly and at other times I have paraphrased Rabbi Lerner’s words and sentences to relate them to the UK- when I changed the US to the UK, or Americans to British, etc.
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Photo: Klaus Tamm/GDT Nature Photographer of the year 2015
Not long ago I posted a Blog Nature the Best Teacher: Re-Connecting the World’s Children with Nature where I noted that if we wish to build a better, more sustainable world, and to enable people to lead a happier, more content and peaceful life, then, we should try to learn from our wisest teacher, nature.
Today I was reading a very interesting and eloquent article by John Sauven, director of Greenpeace, very relevant to what I have been writing, namely, that we should respect nature, learn from its wisdom, and then be guided by it in our daily lives. Due to its importance to the crises our world is facing, I very much wish to share the gist of this article with you.
- 7 May 2015: The Day of Hope for Common Good Transforming our Country
- World Congress of Faiths 2015 Annual Lecture: London School of Economics
- “We’re teaching our kids wrong: They worship wealth and celebrities”
- Nature the Best Teacher: Re-Connecting the World’s Children with Nature
- In Praise of ‘Enoughness’ and 'Lagomist' Economy