Posts Tagged ‘Financial Crash’

The Long Johns on the Pointed Lesson of the South Sea Bubble

January 30, 2023

Here’s another razor-sharp piece of satire from the Long Johns, the late John Bird and John Fortune, though it’s set very firmly in the past. It’s from Raveemismail’s channel on YouTube, and has them performing their dialogue in period costume as an ordinary investor caught out by a predatory broker selling shares in the South Sea Bubble of 1720. This was a notorious financial scandal when shares were being sold in the South Sea Company. Very handsome profits were promised, the shares skyrocketed in value but there was absolutely nothing backing them up. The whole affair collapsed ruining people. The dialogue also mentions a similar scandal of 90 years previously, the tulipomania that hit the Netherlands where members of the respectable Dutch middle class bankrupted themselves buying tulips. This is obviously acutely relevant to similar crashes far more recently, like the subprime mortgages and the bankers’ crash. From the comments to the video it seems that it was also relevant to the way bitcoin and other cryptocurrencies were being pushed. It just shows that how relevant some incidents from the past still are in the 21st first century.

This is so much the case that one American investment house used to require its employees to read the book, Extraordinary Popular Delusions and the Madness of Crowds, written in the 19th century. The book discussed a series of historical and contemporary fads, from alchemy and the witch craze in the Middle Ages to the craze for people saying ‘Quoz’ in England at the time. And one of these was the South Sea Bubble. It’s a pity nobody took that piece of history more seriously, or we might have avoided the bankers’ crash, austerity, and nigh on 15 years of austerity and poverty inflicted on the poor and ordinary working people in order to keep the banks afloat and give more money to the already bloated rich.

Giorgia Meloni – Conservative or Fascist?

September 27, 2022

I’ve been watching some of the videos posted by members of the British and America right about the new Italian prime minister, Giorgia Meloni. Meloni is head of the right-wing Brothers of Italy party, or to give them their Italian name, Fratelli d’Italia. I think ‘Fratelli’ means ‘little brothers’, but if so, then someone decided that it’s not impressive enough for the English translation of their name. She and they have been accused of being Fascists, and arch-conservatives like Matt Walsh, Simon Webb, the Lotus Eaters and Piers Morgan have rushed to defend her. Part of the controversy about her concerns her party’s slogan ‘God, family and nation’. She is proudly Christian and determined to defend the faith. She also stands for the traditional nuclear family and is against adoption and surrogacy for gays. She also rejects the modern ideology she believes is threatening motherhood as an identity, along with national identity, in order, so she says, to reduce people to anonymous consumers. And she is also anti-immigration. For the above pundits, these are all Conservative policies, not Fascist. The problem is that they were also Fascist policies. Her slogan ‘God, family and nation’ sounds like a reworked version of the old Fascist slogan, ‘Family, Faith and Fatherland’. Mussolini was anti-clerical atheist, but he made a deal with the Catholic church that allowed Roman Catholic religious education in schools in return for papacy recognising Italy as a nation, something the church had refused to do following Garibaldi’s forcible incorporation of the Papal states into the new Italy during the Risorgimento. The Italian Fascists were also determined to protect the traditional family against attack from Marxism. Marx and Engels had made it clear in the Communist Manifesto that Communism sought to abolish the family. This attitude was shared by some of the sociologists and ideologues that denounced marriage in favour of cohabitation and free love in the 1960s and 1970s and it continues in the programme of Black Lives Matter, which seeks to replace the nuclear family with a communal raising of children. There was also a huge uproar in Italy a few years ago when an Italian minister, a Black African woman, declared that she wanted polygamy legalised.

Her party’s flag has also been cited as further evidence of fascism. It contains a flame, which is supposed to refer back to the flame on Mussolini’s tomb. From what I saw, the party’s flag was the tricolour of Italy with the flame in the middle. It reminded me very much of the Tricolour Flame, the name of a ‘post-Fascist’ party which emerged after the break-up of the Missimi, or Moviemento Socialie Italiano, the Italian Social Movement, the main neo-Fascist party after World War II. Another party right-wing descended from the MSI was the Alleanzo Nazionali, led by Pierluigi Fini, which claimed to be centre right rather than far right. From this you could conclude that Meloni and the Brothers of Italy were Conservatives, albeit descendants of fascism and just a little further right of the majority of contemporary European Conservative parties. Their defence of the traditional nuclear family and rejection of some gay rights certainly contrasts with the socially liberal wing of the Tories and Dave Cameron’s introduction of gay marriage.

But some of her rhetoric certainly had my alarm bells ringing. In one of her speeches, she’s supposed to have referred to the Great Replacement, the belief that non-White immigration has been deliberately encouraged in order to replace the traditional White European population. And she’s also denounced financial speculators trying to destroy the nation state. Superficially, this sounds innocuous enough with an element of truth in it. Britain, Ireland, America and many of the European countries were hit hard by the banking crash of 2008, a crash that was caused by rampant, unregulated speculation of the type Liz Truss would like to return. As for the hatred of the EU, I was told by an Italian lady while I was at Bristol uni that when her country joined the single market, prices shot up. This caused massive anger to an extent that when she went back there, she didn’t feel safe. And after Italy’s economy collapsed, the European ‘troika’ took control and dictated the country’s economic policy. But it also sounds like the coded rightist nonsense about George Soros, whose various pro-democracy organisations in Hungary and elsewhere have been accused by Viktor Orban and others like him of seeking the destruction of traditional society. More sinisterly, it recalls the vicious, blatantly anti-Semitic conspiracies about international Jewish bankers.

Her rhetoric denouncing the reduction of people to consumers also needs analysis. At one level it recalls the left-wing concerns about the rise of consumerism and the destruction of traditional values that were voiced during the emergence of the affluent society in the ’60s and ’70s. But it could also reflect another aspect of fascist ideology – the celebration of humans as producers. After Mussolini broke with the Italian socialists he gave his paper, the Popolo d’Italia, the subheading ‘the paper of workers and producers’ to reflect the corporatist ideology which promoted both workers, management and proprietors.

As she stands, it looks very much like she is a centre-right conservative with elements of Fascist ideology. I haven’t yet seen anything about her followers marching about in black shirts and jackboots, nor about the proscription of other parties and a rigid control of the media. But then she’s in coalition with Berlusconi and his Forza Italia party. Much the same was said of him when he had Italy under his libidinous rule. There was evening a book written about it describing it as a form of fascism, written not by someone from the liberal media, but by a Times journo, as I recall. Talking about his book on Radio 4 one Saturday morning, he said that the reason Berlusconi didn’t have the authoritarian, paramilitary trappings of fascism was because he didn’t need it. For example, Berlusconi owned much of the private Italian media, and dictated the direction of the state-owned broadcaster so that all of the Italian media was practically in his hands.

Meloni may not be an overt fascist, but there’s enough fascist ideology in her conservatism to be of real concern.

The Irish Nationalists on Multinational Agribusiness Land Clearances in Africa

June 3, 2021

Two of the many great commenters on this blog, Brian Burden and Gillflowerblog, are concerned about my watching too many videos from the far right. As they have pointed out, the danger with it is that it can turn you a Tory after a night of bad, troubled dreams. Just like the hero of Franz Kafka’s Metamorphosis turns into a beetle after a similar disturbed night. I’ve no time for Fascism or the far right. The horrors of the Nazi and Fascist tyrannies are so enormous and vile that no sane, decent person can ever support them. The most infamous of those is the murder of 6 million Jews, and 5 1/2 million assorted gentiles in the Nazi death and concentration camps, but it also includes the atrocities by the Ustashe regime in the former Yugoslavia and by the Italian Fascists against the Arabs and Ethiopians. But it seems that amid the racism and xenophobia the Irish far right are uncovering some very disturbing facts about the actions of multinational corporate capitalism in sub-Saharan Africa that could very easily form part of a liberal critique and politics of international protest.

For some reason YouTube’s put up for my viewing a series of videos from the Irish Nationalist Party, despite the fact that I’m not Irish and definitely not a member of the far right. But they are interesting because of what they show about the issues now driving the rise of the nationalist right in Eire. From what I’ve seen in these videos, the Nationalists are against the EU, mass immigration, gay and trans rights and multinational finance capitalism. Their attacks on finance capitalism are superficially entirely reasonable. They hate the way Ireland and its enterprises have been parcelled up and sold off to foreign owners through offshore holding companies and tax havens. They’re right. This is also what has been done over here in Britain, and is still being done by the Tories. They rightly criticise the government for bailing out the banks responsible for the 2008 financial crash and the austerity that was consequently imposed on the Irish people. Just as over this side of the Irish Sea, our government bailed out the banks and rewarded the people responsible for the crash, while at the same time using it as an excuse to impose cuts on the welfare state, state expenditure on education and the NHS and low wages for everyone not a multimillionaire. And part of their hatred of the EU seems to come from the European Union’s role in imposing this austerity as well as other, socially liberal policies which go against traditional, conservative Irish morality.

In one of their videos, they compare the offshore financial houses and the EU to the absentee landlords that oppressed the Irish peasantry during the 19th century, and whose predations and exploitation was a major cause of the grievances that finally produced the Irish Revolution. But underneath the liberal, reasonable critique of multinational finance capitalism, there’s something far more intolerant. In one of the videos I watched, the speaker talked about how there needed to be research into the role of international finance capitalism in the Cromwellian invasion. This sounds to me to be the old anti-Semitic nonsense about the Jewish banking conspiracy. The nonsense spouted by the Tsarist forgery, the Protocols of the Elders of Zion, and which inspired Adolf Hitler and the other architects of the Holocaust.

They also hate the Irish government and the country’s mainstream parties, as well as the EU, for mass immigration, which they claim is taking Irish jobs from Irish workers and making Irish people homeless as accommodation which should go to them is given instead to immigrants. It’s standard far right stuff in many ways.

But one of their speakers at a local rally said something very interesting about what the multinational agricultural firms and the EU are doing in Africa. He claimed that they were destabilising the continent through purchasing vast areas of land and then clearing them of the indigenous, local people in order to turn them into vast farms. One of these estates being set up in Niger is, according to him, 5,000 square miles in extent. These firms are building huge walls around these estates, which have created tension and conflict. It’s the reason why so many military age men from the continent are seeking asylum on this side of the Mediterranean. They’re fleeing the wars and conflicts this is fuelling.

Now I don’t know how true this is. But it sounds horrifically plausible. Way back in the ’90s some of the creators of 2000AD put out a very political comic strip, World War Three, about a future war in Latin America driven by the big agricultural firms. I got the impression that this was based on fact and reasonable predictions. It was SF as the ‘literature of warning’. Now it sounds like something very similar is really happening, but this time in Africa.

I’m sure this is being discussed elsewhere, but I’m unaware that it has been covered in the mainstream media or by the mainstream parties. I wonder if this is a consequence of the embrace of neoliberalism by the European left. I very much doubt that Tony Blair and his successors in the Labour party want anyone noticing that free market, international capitalism in its genuine sense rather than as a code for ‘Jews’ brings nothing but wage slavery, poverty, misery and death. The Fascists and the far right, however, are left free to mention it. They are, after all, at the moment numerically small in Ireland and Britain and so few people will take any notice. And decent people will ignore it, because it comes from such a contaminated source.

Odiously, we have now got into a situation where reasonable criticisms of multinational capitalism are being shut down by the rightists under the pretext of combatting anti-Semitism in the Labour party. And instead they’re being embraced by people, whose solution is the ‘socialism of fools’ described by August Bebel.

We need real socialism, and a politics of tolerance and internationalism to protect working people across the world, whether Africa, Ireland or Britain.

I’m not going to show the video or link to it, but if you want to see it on YouTube, it’s title is: Ciarán McCormack – “The UN, the EU and the World Bank are destabilising Africa.”

Book on Anti-Capitalism

May 29, 2021

Simon Tormey, Anti-Capitalism: A Beginner’s Guide (London: One World, revised edition 2013).

Like many people, I’ve been doing some reading during the lockdown. I found this in one of the mail order book catalogues I get, and ordered it as it looked interesting. I got through the post the other day. It was first published in 2004 and was republished in a revised edition nine years later. The blurb for it on the back runs

The financial crisis, bank bailouts, and the dash to austerity have breathed new life into protest movements across the globe, and brought anti-capitalist ideas into the mainstream. But what does it mean to be anti-capitalist? And where is anti-capitalism going – if anywhere?

Simon Tormey explores these questions and more in the only accessible introduction to the full spectrum of anti-capitalist ideas and politics. With nuance and verve, he introduces the reader to the wide variety of positions and groups that make up the movement, including anarchists, Marxists, autonomists, environmentalists, and more. Providing essential global and historical context, Tormey takes us from the 1968 upsurge of radical politics to the 1994 Zapatista insurrection, the 1999 Seattle protests, and right up to Occupy and the uprisings across the Eurozone.

This is a fascinating and bold exploration of how to understand the world – and how to change it.

A biographical note states that Tormey is a political theorist based in the School of Social and Political Sciences at the University of Sydney. He was the founding director of the Centre for the Study of Social and Global Justice at the University of Nottingham.

The book has an introduction and the following chapters:

  1. The Hows and Whys of Capitalism
  2. Anti-Capitalism after the ‘End of History’
  3. A ‘movement of movements’1: ‘reformism’, or ‘globalisation with a human face’
  4. A ‘movement of movements’ II: renegades, radicals and revolutionaries
  5. The Future(s) of Anti-Capitalism: Problems and Perspectives

There is a timeline of contemporary anti-capitalism, a glossary of key terms, thinkers and movements, and a list of resources.

Although the book was published eight years ago, I think it’s still going to be very relevant. The world may have been in lockdown for the past year with governments supporting their economies, but the Tories have neither gone away nor changed their stripes. It’s been pointed out that they never let a crisis go to waste. Once the lockdown is lifted, they’ll revert back to cutting the welfare state, privatising the NHS and with further attacks on workers’ rights, increasing job insecurity and lowering wages. We will need to organise again and resist them. The book’s short at 181 pages, excluding the index, but it looks like a very useful and necessary contribution to combating neoliberalism and the poverty and misery it is inflicting on working people across the globe.

Lobster Review of Book on the Real Reasons for Trump’s Hostility to China

September 5, 2020

The conspiracy/parapolitics magazine Lobster has put up a fascinating piece by Scott Newton, ‘The USA, China and a New Cold War?’ reviewing Jude Woodward’s The US vs China: Asia’s New Cold War?, published in 2017 by Manchester University Press. Woodward’s book is an examination of how Western attitudes towards China fell from being extremely positive in the first decade of this century to the current state of tension and suspicion. The chief causes for this, according to the pronouncements of our politicos and the media, are concern over massive human rights abuses in Sinjiang, Hong Kong and elsewhere, Chinese territorial claims to islands in the South China Sea, which threaten western strategic interests and the other neighbouring countries, and the threat to national security posed by Chinese companies, particularly in telecommunications and social media. Woodward’s book turns these assumptions upside down. She recognises that there are real concerns about Chinese human rights abuses and the persecution of the Uighurs, but argues that this situation is far more complicated. And the real reason for America’s change of attitude to China is due, not to Chinese authoritarianism, but because China represents an emerging threat to America’s status as the world’s dominant superpower and their attitude towards capitalism is very different from American neoliberalism.

Relations between China and the West were initially positive and very good because the new, capitalist China had helped prop up the global economy after the financial crash of 2008. The development of the country’s infrastructure created a huge demand for raw materials, which benefited other countries around the world, including the west. The introduction of capitalism is also transforming China. It’s gone from a largely agricultural nation to an industrial and commercial superpower. In 2013 it passed America as the world’s largest trading nation. later on this century it is expected to surpass America as the world’s most prosperous nation both as a country and in terms of per capita GDP.

China’s build up of military forces in the South China Sea is seen by Woodward as a defensive posture against the Americans. They’ve assembled a large naval force in the area, which poses a threat to Chinese access to the Straits of Malacca. 80 per cent of the oil imported by China and much of its merchant shipping pass through the Straits, hence Chinese determination to defend them. Woodward believes that China believes in a multipolar world, and has neither the economic power nor the will to establish itself as the world’s ruling nation.

Nor is China pursuing its economic and commercial interests at the expense of everyone else, as has also been alleged. Woodward argues that while western capitalism views trade as a competition between two parties, in which one party must beat and impoverish the other, the Chinese instead really do see it instead as benefiting both parties.

The oppression of the Uighurs and suppression of democracy in Hong Kong by the Chinese government are real and matters of serious concern, but the West is also covertly attempting to interfere in China’s control of these regions. This is through the National Endowment for Democracy, the non-state outfit to which the American state has given the task of regime change after it was taken away from the CIA in Hong Kong, and through sponsorship and funding of various extreme nationalist and Islamist groups in Sinjiang. Newton writes

But the picture is not clear cut. The Chinese government has
complained about unhelpful ‘foreign interference’ in Hong Kong and there
is evidence to support this. Senior US politicians such as Vice-President Mike Pence have met leading members of the opposition in Hong Kong,
and civil society organizations there have received significant financial
support from the National Endowment for Democracy (NED), a CIA spinoff established in 1983 to promote what later became known as ‘regime
change’. This has, of course, always been change to one committed to a
political economy characterised by neoliberalism, in other words by free
market capitalism. In Hong Kong the NED has been financing groups
since 1994. A China Daily article from 2019 stated that the NED has been
financing groups in Hong Kong since 1994 and that the Hong Kong Human
Rights Monitor received $1.9 million between 1995 and 2013. A search
of the NED’s grants database further reveals that, between 2016 and
2019, the (US-based) Solidarity Center received more than $600,000 and
the (US-based) National Democratic Institute $825,000.

As far as Xinjiang is concerned, the real story is complex. This area is
rich in oil, gas and ‘other natural resources and profoundly important to
China’s national security’. The region borders Kazakhstan, Kyrgyzstan,
Tajikistan, Afghanistan, Pakistan and India. At times of invasion and civil
war in Chinese history it has tended to fall under foreign influence: for
much of the twentieth century until the mid-1980s the Soviet Union
played a powerful role in the province’s politics, backing separatist
groups. This role has now been taken by the USA, which is funding a set
of far-right and fundamentalist Islamic organisations such as the Victims
of Communism Memorial Foundation in a bid to promote instability in
Xinjiang and perhaps even its detachment from China itself.

The efforts of these shadowy parapolitical outfits have been
supported by another NED-financed group, the World Uyghur
Congress(WUC), which is keen to promote the creation of a separate
Turkic State out of Xinjiang. WUC is linked to the extreme Right in Turkey,
notably to the Fascist Grey Wolves organization. Finally there is the East
Turkestan Islamic Movement (ETIM) whose objective is also the
establishment of an independent state carved from Xinjiang, known as
East Turkestan. The EU, UN Security Council and indeed the US
government have all identified ETIM as a terrorist organization linked to
Al-Qaida. In addition to its activities in the Middle East, during the last
twenty years ETIM has carried out terrorist attacks in China, including in
Xinjiang. Given Xinjiang’s strategic importance to China’s security and
territorial integrity and given the nature of the externally-trained and
funded agencies at work in Xinjiang, the attitude of the Chinese State to
dissidents there cannot be called surprising, even if the taking of a
repressive line has exacerbated problems in the region. It has also
provoked increasing global disquiet and has contributed to international
tension, though it cannot be said to be the root cause of this, which stems
from changing geopolitical conditions.

Woodward also argues that current American hostility to China comes from the conviction that America really is divinely ordained to be the world’s governing nation with a particular mission to promote free market capitalism. America demands trade at the expense of privatisation, the suppression of organised labour, and the free movement of capital. The Chinese have no interest in promoting any of this. They’re solely interested in trade, not in the economic and political transformation of their partners. Newton writes

It may not seem rational for the US to pursue a confrontation here but two quotations explain the reality from Washington’s perspective. The first is the comment of former French Foreign Minister Hugo Vedrine that ‘most great American leaders have never doubted . . . that the United States was chosen by Providence as the “indispensable nation” and that it must remain dominant for the sake of humankind’. The second is a comment by Perry Anderson that the US state acts ‘not primarily as a projection of the concerns of US capital, but as a guardian of the general interest of all capitals, sacrificing – where necessary and for as long as needed – national gain for international advantage in the confidence of the ultimate pay-off’.

In other words, the US both writes and polices the rules of the game
and the rise of China represents a de facto challenge to this hegemony.
On the surface this seems a strange observation. China has engaged very
successfully and indeed supportively (shown by its reaction to the 2008-9
Crash) with global capitalism. But it does so in a qualified way, or, to
paraphrase Xi Jinping, ‘with Chinese characteristics’. Not only does the 33
Chinese economy continue to operate a large state-owned sector but its
financial system is closely regulated, with controls over the currency and
over capital movements. China does not possess the conviction that
private economic activity trumps public enterprise, that government
should be small, organised labour suppressed, trade free and
international capital flows unhindered. Its assistance for developing
nations is not accompanied by requirements that states cut spending,
privatise public industries and services and liberalise the foreign trade
sector. In short China has never, in practice, endorsed the neoliberal
norms of the ‘Washington consensus’ established during the 1980s and
there is a real prospect that, if it does become the world’s largest
economy, it will seek to re-write the rules of the game in a way that is not
compatible with free market capitalism. This is what the US fears and its
strategy is therefore directed to forcing China to accept Washington’s
leadership and ‘enter the world family of nations’ on US terms or it would
face the likelihood of pre-emptive diplomatic, economic and, if necessary,
military action to halt its rise. As Woodward points out, this approach is
designed to ensure not only protection of the interests of global capital
but to secure ‘a longer-term pay-off’ for US domestic industry and finance
‘by preventing China reaching the point of competing at US levels of productivity and technology’.

It’s very doubtful if this new policy towards China will succeed. Many of the surrounding Asian countries have embraced China as a new market for their goods, while much of the American commercial hostility comes from firms and industries threatened by Chinese competition. Newton concludes that other countries may choose not to follow America’s lead but there will be considerable pressure on Britain to do so following Brexit. He writes

There is clearly a strong push within the British establishment, coming mostly from within the Tory Party and its friends in the City and the armed
services, in favour of military deployment in support of US forces in the
Far East, even if few other nations are willing to join. This might make
sense for the complex of defence industries, banks, hedge funds and
private equity firms at the core of modern British Conservatism but it is
hard to see what benefit there is for the rest of us in the UK from
confrontation with a nation which appears to harbour no aggressive
intentions to foreign countries and seems destined to become within a
short time the world’s largest economy.

See: https://www.lobster-magazine.co.uk/free/lobster80/lob80-usa-china-cold-war.pdf

In short, the new strained relations between China and America are a result, not so much of Chinese aggression, but due to Trump’s America trying to maintain itself as the world’s dominant nation economically and militarily. In this America is determined to promote its own very predatory form of capitalism, which is challenged by the less extreme form embraced by China. And it’s a situation that may benefit the military-industrial complex and financial sector that supports to the Tories, but won’t provide it to anyone else.

Proof From 2006 of How Out Touch Graun Hacks Were Even Then

July 22, 2020

I found this fine quote from the Guardian’s Polly Toynbee in the ‘Pseud’s Corner’ section of Private Eye, 20th January – 2 February 2006. It’s an rosily optimistic paragraph in which she raves about how much better everything is now. She said

Let’s get one thing clear. This is the golden age – so far. There has never been a better time to be alive in Britain than today, no generation more blessed, never such opportunity for so many. And things are getting better all the time, horizons widening, education spreading, everyone living longer, healthier, safer lives. Unimaginable luxuries are now standard – mobile phones sending pictures everywhere, accessing the universe on the internet and iPods with all the world’s music in your ear.

This obviously has aged terribly. Toybee was writing during the glow of the Blair administration, and was obviously fatally impressed with how his ‘centrism’ – by which he meant Thatcherism – was going to improve the country. She couldn’t be expected to have predicted the banker’s crash two years later, nor the austerity which has created mass poverty after the return of the Tories. But there were signs that all was not fine and dandy, even then.

At roughly the same time she was spouting this, Blair and Mandelson were introducing tuition fees, which has burdened Britain’s students with mountains of debt they can’t shake off. They were much lower than they are now, £3,000 per year as opposed to the £9,000 or over. But this was harming students and it was harming universities, as courses which relied on expensive technical equipment, like archaeology with its geophysics technology, suddenly found they had to make savings.

Blair also introduced the wretched ‘fitness for work’ tests, taken over at the advice of American health insurance fraudsters Unum, who had also been advising Peter Lilley. It was also under Blair that food banks were introduced. This was limited to illegal immigrants, who were denied welfare benefits due to their status. But under the Tories it has been massively expanded.

Blair was also a busy bee continuing the Tories piecemeal privatisation of the NHS. Again, his administration, like that of the Tories, was stuffed with advisors and senior staff from private healthcare companies. His health secretary, Alan Milburn, wanted to reduce the NHS to a kitemark on services provided by the private sector. And in industry generally, privatisation and deregulation was in order, with private sector advisors, including company CEOs given important positions on the regulatory bodies. George Monbiot describes this highly pernicious influence in his book Captive State.

It was also under Blair that the Tories harsh ideology towards benefit claimants generally continued. The process of claiming benefit was to be made so humiliating in order to deliberately deter people from signing on. And it worked. I personally know people, who didn’t sign on despite the fact that they were jobless, because of the degradation they experience in the Jobcentre.

As for the endless opportunities she saw, Adam Curtis provided ample evidence in one of his documentaries – I think it was All Watched Over By Machines of Loving Grace – that thanks to Blair’s embrace of tick box questionnaires and general social policies, social mobility had actually stopped.

Things weren’t getting better for ordinary people. And ordinary people knew it, that’s why they started leaving the Labour party in droves. The Labour vote actually went down under Blair’s leadership. He still won over the Tories, because people despised them even more. But in terms of popularity, he was much less popular than Corbyn, although the latter’s was destroyed at the last election by the massive press smear campaign. Of which the Guardian was an enthusiastic participant.

But I dare say everything was looking grand for highly paid media types like Toynbee, living in the metropolitan bubble. And her views expressed above show how it is that the Guardian is full of right-wing Thatchers backing Starmer’s purges, all in the name of continuing the Thatcherite project introduced by Blair.

She raves about Blair’s reign as a golden age. But as the writers of the Roman empire knew, the golden age gave way to that iron and rust. Just as it has done in England, due partly to Blair.

Toynbee and the rest of the Guardian were out of touch even then, and their views have become even more divergent from reality. The rag’s in crisis. And as I wrote the other day, I have no sympathy.

Viktor Orban Uses Pandemic to Become Dictator of Hungary

April 2, 2020

The onward march of the extreme right in eastern Europe takes another fateful goosestep. Viktor Orban, the already very authoritarian president of Hungary, has used the Coronavirus crisis as the pretext to pass legislation destroying the last vestiges of the democracy there, establishing him as the country’s virtual dictator.

On Monday, Zelo Street posted a piece based on an article in the Groaniad, reporting that Hungary’s parliament, dominated by his xenophobic Fidesz Party, was expected to grant him sweeping powers. These will give Orban the ability to rule by decree. Elections will be banned. The speaker of the Hungarian parliament and parliamentary groups will be informed of the government’s actions. However, spreading false information will become a criminal offence punishable by a long prison sentence. It will be prerogative of Orban’s Fidesz MPs to decide when the emergency is over. Orban has said that when it is, he will surrender all his powers without exception. However, there’s absolutely no guarantee of this, as the laws he passed in 2016 against asylum seekers, which were also supposed to be temporary, are still in place. It’s therefore possible that a compliant parliament will allow Orban to hang on to some or all of them.

Zelo Street stated unequivocally that the EU should expel Hungary because of this seizure of power. The Sage of Crewe pointed out that when the EU was the EEC, and only consisted of France, West Germany, Italy and the Benelux countries – Belgium, the Netherlands and Luxembourg, the dictatorships to the east and west of the bloc stood absolutely no chance of getting. This meant the Fascist dictatorships of Portugal and Spain, Greece under the military rule of the colonels, Ceausescu’s Romania and the DDR (East Germany) under Erich Honecker. He remarks that Hungary’s continued membership of the EU has been a test for its remaining member states, one that they have so far failed to tackle. He concludes

‘Viktor Orbán may be more Chaplin than Hitler. But if the values of the EU are to mean anything, the Union cannot permit a dictatorship within its club. So expel the SOB.’

See: https://zelo-street.blogspot.com/2020/03/eu-must-now-expel-hungary.html

Zelo Street describes this legislation as an ‘enabling law’. The reference is to the Enabling Act which formally made Adolf Hitler dictator of Germany and suspended parliamentary democracy. And the Nazis, and the Italian Fascists before them, also seized power in response to a crisis. Fascist governments are crisis regimes. In the case of Italy and Germany, the crisis was first of all the breakdown in parliamentary democracy, as the pillars of the liberal regime in those nations stopped cooperating. In Germany this led to the president, Hindenburg, ruling by decree. This was succeeded by the recession caused by the Wall Street Crash and the massive uncontrolled inflation that saw the Mark as worth far less than the paper it was printed on. This discredited capitalism for millions of Germans, leading to a surge in votes for the Nazis and the Communists. And finally there was the Reichstag fire, which allowed the Nazis to declare a state of emergency and begin rounding up subversives. Which meant anybody who didn’t cede power to Hitler, and particularly Communists and the democratic socialists of the SPD.

Fidesz is extremely xenophobic and, like many political parties in the former eastern bloc, in particular anti-Semitic and islamophobic. I’ve no doubt Orban would be overjoyed if he could somehow blame the pandemic on Gypsies, Jews, homosexuals and Muslims. And I’m afraid that where Orban’s gone, other countries will follow, such as Poland under the Law and Justice Party. Or even Britain, where Boris has also passed legislation granting him extraordinary sweeping powers to deal with the pandemic emergency.

The EU’s failure to do so is an indictment of the hypocrisy of its leading politicos. Years ago Private Eye published an account of the EU’s dictatorial attitude towards the states then seeking membership in its ‘Brussels Sprouts’ column. The terms and conditions were very detailed and were not open to negotiation. Or at least, not very much. One of the countries joining was the Czech Republic. It’s president, Vaclav Klaus, was so outraged by his country’s dictatorial treatment, and told the EU negotiating team that his country had not suffered such treatment for nearly 30 years. This was in the late ’90s – early 2000s, so he was probably referring to the Russian invasion which ended the Prague Spring, the attempt by Czech premier Anton Dubcek to make Communism popular and democratic. This infuriated two of the EU’s team, the French former radical, Daniel Cohn-Bendit, and a German MEP. They immediately climbed on their high horses and started angrily shouting about how the EU was the opposite, and was the champion of democracy. And I can remember how, about ten years ago, the EU managed to leave many people highly unimpressed when it sanctimoniously awarded a peace prize to itself, claiming that it had successfully kept the peace in Europe. Well, possibly. But I also think NATO and a general fear across the continent of another war had played a major party. If the EU is unable, or unwilling, to do anything about Orban’s seizure of power, then all the verbiage about defending democracy is simply empty, vacuous nonsense. As readers of this blog will know, I am absolutely no supporter of Brexit. But it is true that EU is an immensely flawed institution.

It’s too much to claim that the EU is some kind of authoritarian superstate, an EUSSR, as the Kippers and Brexiteers liked to describe it, or some kind of successor to the Third Reich or Napoleon’s empire. But with Orban seizing dictatorial power, it is true to say now that the EU is no bulwark of democracy either.

 

Privatisations Not Nearly as Popular as Maggie and the Tories Claim

January 3, 2020

I found this extremely interesting snippet in Oliver Huitson’s chapter on the way the media, including the Beeb, promoted the Tory privatisation of the NHS in Jacky Davis and Raymond Tallis’ NHS – SOS. Huitson states that despite the massive media bias and their highly distorted reporting, there was a sizable chunk of the British public that fully understood the issues involved and did not like it one little bit. He goes on to write that trust in politicians is at an all time low – 19 per cent of people trust them, just two per cent above journos at 17 per cent (p. 171). And then there’s this passage in which he explains that privatisation wasn’t as nearly as popular as Thatcher and her poodle press claimed:

It should also be remembered that the public have now had thirty years’ experience of the privatisation of state assets and services, as well as the rhetoric that accompanies such moves, and they are increasingly cynical about the purported aims and efficacy of such ‘reforms’. Margaret Thatcher spent millions of pounds marketing her privatisations to the public, yet polling revealed that support for this policy never rose above 50 per cent. In the wake of the Iraq War, the expenses revelations, the financial crash and the phone-hacking scandal, public trust in the political class as a whole, including in the national media, is extremely low. (p. 172).

For the past forty years we’ve had it rammed down our throats that privatisation was not only necessary, it was massively popular. Everyone was right behind Maggie and Major on the issue, and if you weren’t, you were an evil Commie. But like neoliberalism and austerity generally, it’s a massive lie.

No wonder the Tory media are now screaming that Labour lost because Corbyn was ‘too far’ left, and only a return to Blairism will make the party popular.

David Rosenberg’s Refutation of Latest Corbyn Anti-Semitism Smears

November 8, 2019

As I said a few days ago, the Tories must be desperate. They and their allies in the press have fallen back to the old smears of anti-Semitism against Jeremy Corbyn. A Reform Rabbi, Jonathan Romain, wrote an article in last Friday’s Times warning its readers not to vote for Labour, because he was afraid of the terrible consequences of a Corbyn-led government for Britain’s Jews. And Stephen Pollard, the non-Jewish, goysplaining editor of the Jewish Chronicle, has written an article aimed squarely at gentile Brits, urging us not to vote for Corbyn because ditto.

David Rosenberg of the Jewish Socialist Group has written another excellent reply to the latest round of smears. Rosenberg himself has been the subject of smear attacks and protests by ultra-rightwing Zionists. A few days ago Jonathan Hoffman, a former leader of the Zionist Federation, was doing his usual schtick of marching around screaming about anti-Semitism in protest at a talk Mr Rosenberg was given to the East London Humanists. Whom he also accused of anti-Semitism, because they’re militant atheists and are anti-Judaism. Well yes, they are. They are also anti-Christianity, anti-Islam, anti-Hinduism, and anti-religion generally. That does not mean that they stand for the persecution of Jews, or Christians, Muslims, Hindus or anyone else. As for Rosenberg being an anti-Semite himself, his piece, ‘Who’s Afraid of Jeremy Corbyn’, begins with him describing a journey he made as part of a group of sixty people on a four day educational visit to Poland. It was organised by Unite Against Racism and many of the people on it were trade unionists and members of the Labour party. They also ranged from sixth former to older people, including Holocaust survivors, some of whose terrible experiences he briefly describes. Rosenberg was a speaker at the event, but before he did, they were treated to a message by Jeremy Corbyn. It was not electioneering, but a private message, meant for the travelers alone. Rosenberg writes

But just before I spoke, we watched a video message that had been filmed in one of theScreen Shot 2019-11-06 at 17.22.31 busiest weeks of Jeremy Corbyn’s year. The election had only just been called but he found time to record a message to wish our group well on our visit. This was not electioneering. This was not a social media post to be broadcast by Labour’s Press Team for sharing far and wide. It was simply a private, personal, heartfelt message to our group, from someone who has spent their life confronting racism and fascism and posing an alternative to hatred.

“Your visit to Auschwitz,” Corbyn told us, “will be a poignant experience. I have been there myself.” He described antisemitism as an “evil cult that has to be destroyed in all forms.” He recalled a visit he made, in summer this year, “to a small Jewish museum in Romania next to a railway line, where hundreds of thousands of Jews were rounded up in 1944 and deported to their deaths.” He closed by calling on us to “unite as people to say we will not tolerate racism in any form in our society, be it antisemitism, be it Islamophobia, be it homophobia or any other kind of discrimination.”

Rosenberg goes on to criticise Romain’s article, which was part of the media’s general evidence-free argument against the Labour party. He also discusses how the Tories have been responsible for deliberately racist policies such as the Hostile Environment policy, and are now led by Boris Johnson and his vile remarks about ‘grinning picaninnies’ and women in hijabs. He also reminds voters thinking of switching from Labour to the Fib Dems because of the smears of racism just how racist the Lib Dems themselves are. They not only supported Tory austerity policies, which disproportionately affect ethnic minorities, they also supported the Hostile Environment. And they did some extremely racist campaigning themselves in Tower Hamlets. He writes

Some of us with longer memories might recall the role of the Liberal Democrats in Tower Hamlets in the early 1990s where Lib Dem leaflets linked the presence of Black and Asian people with the housing shortages, giving further credibility to the overtly racist BNP who were polling well. Other leaflets distributed by the Lib Dems accused Labour of diverting funds towards the area’s Asian communities. In the end the BNP won that seat, and the Lib Dems locally were widely seen as playing a despicable and racist role.

He also attacks the Torygraph article which quotes Conservative chairman James Cleverly that British Jews are preparing to flee Britain if Corbyn gets in. He notes that three years into Corbyn’s leadership of the Labour party, fewer Jews than ever are actually leaving for Israel. But he also notes the anti-Semitic undertones of the Torygraph and Jewish Chronicle’s article. Both stereotype Jews as rich capitalists. He writes

But the more serious point contained in this suggestion is the not-so-subtle antisemtism of both the Telegraph and Cleverly.

In essence they argue that a Corbyn government will launch a vengeful attack on wealth. Those most committed to private enterprise fear being squeezed by a radical Labour government, and the suggestion seems to be that the Jewish community, often stereotyped as an overwhelmingly rich, business-orientated community, will especially feel that pinch. It is an argument that has been rehearsed by the very right wing Jewish Chronicle editor, Stephen Pollard, who gave space in December 2018 for an appalling article in his paper by Alex Brummer with a headline you might have expected to see in a fascist journal: “The thought of Jeremy Corbyn as PM has Jewish investors running for the hills”.

Three months earlier, Pollard himself, had attacked a tweet by Jeremy Corbyn in which Corbyn said that the people who caused the financial crash of 2008 “call me a threat. They’re right. Labour is a threat to a damaging and failed system rigged for the few.” Pollard tweeted: “This is ‘nudge, nudge, you know who I’m talking about don’t you? And yes I do. It’s appalling” In response I tweeted: “Stephen Pollard and Jeremy Corbyn. One of them seems to think all bankers are Jews. Clue: it is not Jeremy Corbyn.”

But when I read this drivel, stereotyping the Jewish community as capitalists, I think of the many Jews I know well who work in the health service and caring professions who will be boosted by the prospect of a Labour government that is committed to funding their sectors rather than selling them off. I think of the struggling Jewish single parents and pensioners I know, and unemployed Jews, who have every reason to welcome a Corbyn-led government that would boost welfare payments rather than cut them, and would undertake other serious anti-poverty measures. I think of Jews I know who are users of mental health services, whose provision has been cut to the bone by the Tories. I think of elderly Jewish acquaintances living in the East End for whom repairs to their council housing and a well resourced health service are very high on their agendas. These people need a Labour government to be returned on December 12th as much as as their non-Jewish counterparts.

Absolutely. I’ve met Jews, who’ve despised the Tories for what they’ve done to the Health Service because they’ve, or their parents, have worked in it.

He also gives more news that you won’t find in the lamestream media. Apparently here are two new initiatives by British Jewish young people to tackle the Tories. One is Vashti Media, which states that it is a ‘microphone for the Jewish Left’, and another is ‘Jews Against Boris’.

He also discusses a talk the group were given by a Polish socialist and anti-fascist, who talked about the current political situation in his country and the mobilisation of anti-Fascists to combat the recent nationalist marches through Warsaw. His article concludes by commenting on the way the Fascist and Nationalist right in Poland and eastern Europe are being supported by right-wing forces across the continent, including Britain’s Tories.

As we sat in a cab driving to the airport on Monday, we passed a wall graffitied with a crossed out Star of David in a circle. The populist right and far right in Poland, and other countries central and eastern Europe, have been drawing support from right wingers in Western Europe including Britain’s Tory Party. Those elements in Britain that are leading the false charge against Jeremy Corbyn, as if he were some sort of threat to Jews in Britain, need to stop playing dangerous factional political games and face up to where the threats are really coming from.

https://rebellion602.wordpress.com/2019/11/06/whos-afraid-of-jeremy-corbyn/

As Rosenberg and other, genuine anti-Fascist activists both Jewish and gentile have made clear, Jeremy Corbyn is not an anti-Semite. Since he’s been leader of the Labour party, the level of anti-Semitism has been at the lowest its ever been for years. Anti-Semitism, like racism generally, is always strongest on the right. And that means the very same Tories, who are trying to smear Corbyn as a Jew-hater.

 

Video of Jeremy Corbyn Pledging to End Universal Credit

October 2, 2019

This was put up on the official Jeremy Corbyn Channel on YouTube three days ago, on the 29th of September, 2019. In it, Corbyn states that Labour will end Iain Duncan Smith’s flagship policy of Universal Credit. Corbyn says

Our social security system should support people back into work, not punish them and their families. The Tories’ flagship policy, Universal Credit, has caused an explosion of people going to food banks, pushed children into poverty, and even resulted in people dying at the hands of this cruel system. In government Labour will scrap Universal Credit. We’ll end the inhumane sanctions regime. We’ll do away with the ridiculous five-week wait for payments. And never again will any woman have to fill in a form to prove her child was born as a result of rape. Universal Credit is a heartless and cruel policy based on a lie. It wasn’t the sick, the disabled or the vulnerable who caused the financial crash of 2008. It was the bankers. But the architect of Universal Credit, Iain Duncan Smith and the Tory party, chose to give tax cuts to bankers as they dismantle our social security system. Things will change under Labour. We’ll build a society which is compassionate, where support is there for all of us when we need it. And where people come before privilege.

The video shows Corbyn filling boxes in a food bank, as well as the exterior of a jobcentre, snaps of the City of London, and, unfortunately, shots of Iain Duncan Smith in parliament. Viewer discretion is advised.

It’s the same message Corbyn gave at his speech this weekend in Chingford, IDS’ constituency, that provoked the vile little liar, whose policies have killed tens of thousands of disabled and other people, into a ranting reply on YouTube. He claimed that Corbyn’s policy of restoring Social Security would be unjust to taxpayers – this was his first priority – and that it ignored the fact that work is still the best way out of poverty. This is, simply, a lie. It’s based on discredited, bogus research produced by Unum’s pet scientist at their funded centre at Cardiff University. There is a mountain of proper scientific evidence very loudly refuting it. I’ve published some this on my blog, from material put up by Mike over at Vox Political and Kitty S. Jones and other great disability activists. IDS himself has no understanding of poverty whatsoever. He’s an Eton-educated Toff with a country mansion and acres of land in Scotland. Well, actually, it might be his wife’s, but it’s still his.

Despite the press claiming that the Labour party is behind the Tories in the polls, Corbyn’s policies evidently have the Tories rattled. Boris Johnson has started lying again about building 40 more hospitals – in fact only six, and at least one of those isn’t a hospital. Sajid Javid is claiming that he’s going to build up Britain’s infrastructure. All lies, or at least what Mike Yarwood famously called in one of his impressions ‘election promises’.

Don’t be taken in by Tory lies, and the murderous deceit of the right-wing press and Beeb. Universal Credit is a colossal failure and the cause of more grinding poverty. It is there not because it works, but because it keeps the poor down and so cements the wealthy elite, from whose ranks BoJob and IDS come, in their wealth, power and position. Get them out, and Corbyn in.