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George Monbiot – Britain’s Mafia State

Be reasonable in response to the unreasonable: this is what voters in the Labour election are told. Accommodate, moderate, triangulate, for the alternative is to isolate yourself from reality. You might be inclined to agree. If so, please take a look at the reality to which you must submit.

To an extent unknown since before the First World War, economic relations in this country are becoming set in stone. Is not just that the very rich no longer fall while the very poor no longer rise. It’s that the system itself is protected from risk. Through bail-outs, quantitative easing and delays in interest rate rises, speculative investment has been so well cushioned that, as Larry Elliott puts it, financial markets are “one of the last bastions of socialism left on earth.”

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