Tuesday, August 10, 2010
Resisting the cuts with confidence posted by Richard Seymour
David Wearing has the final response to my cuts article, here:Today, Britain faces one of the greatest single social injustices of the post-war era in domestic politics. The weakest and most vulnerable in society are being forced to pay the costs of a crisis created by the reckless greed of the super-rich and the intellectual docility, or dogmatism, of policy-makers (Conservative and Labour). Because the financial and business sectors weild far greater influence over policymaking than the ordinary people who will bear the brunt of the cuts, the latter will pay a price they can’t afford for a crisis created by the former, who will themselves suffer no material penalty. Those costs will primarily take the form of public spending cuts of staggering size, being rushed through without serious thought but often with palpable glee by a cabinet stuffed with millionaires who clearly have an intuitive grasp of the concept of class interest, and of protecting their own at the expense of others...
"Intuitive grasp of the concept of class interest" - to say the least!
Labels: capitalism, cuts, finance capital, neoliberalism, new labour, socialism, spending cuts, tories