- The failure of market capitalism…
- The threat to civilization as we know it of United States hegemony; talk about the ‘evil empire!’ Setting the world against itself. The ‘re-colonization’ of Britain; and Britain’s supine stance towards American ‘leadership.’ Let us remember that there has never been a ‘special relationship.’ The U.S. is an alien state that has never had British interests at heart. The United States has much to offer culturally and in scientific innovation. I have many American friends and embrace many things American – I worked for American newspapers for more than a quarter of a century, for heaven’s sake. But the United States is a flawed model for Britain; there is an underclass of ‘have-nots’ – almost a ‘third world’ – co-existing with the ‘haves’ who live in their golden ghettoes, oblivious of the brutality of the social system. (Canada is a more enlightened model.)
- The dangers of Globalization; how can we protect ourselves from the domino effect; involuntary contagion from other markets? (The Greek debacle? The unknown limits of debt and liability through the profusion of ‘derivatives.’ How can we control the pirates?)
- How can we as members of the EU remain separate from the failure of the political Euro adventure; the persistence of the Euro-zone to preserve the Procrustian political/monetary fiasco of one bank rate to serve all in a region of social and economic dissonance? How can one have monetary union without political union? Anything less is a disaster. But for any kind of political union to work, one would need a much smaller EU of arguably ‘countries like us’ – Germany, Austria, France, Italy, Spain, Portugal, Finland, Sweden, Denmark, Norway, Belgium, the Netherlands… I would balk at the Balkans, Greece and Turkey… except for trading deals.
- Alas, no nation is an island…? (No pun intended)
- Banks: the need to separate once again the high street side of banking from the gambling side. And how to meet their blackmail of ‘Too big to fail’? This has now extended to all large private companies providing essential public services; which now expect open-ended taxpayer subsidies.
- The perils/morality of privatization of public assets/services; private shareholding is inimical to the public interest.
- Throwing public money at private failure in an alarming number of areas, such as care homes for the elderly…
- Redistribution of wealth: the growing dichotomy of the rich and the poor erodes social cohesion – obscene bank bonuses et cetera. Click here
