‘Freedom’, ‘choice’, and zombie capitalism

Posted in economics, history, politics by thenextwavefutures on 12 April, 2013

thatcher-headlines-after-deathThe best joke I heard after Thatcher’s death was announced went like this:

Mrs Thatcher’s only been in Hell for 30 minutes, and already she’s closed three of the furnaces and another three are on strike.

It wasn’t on Twitter, or on a political blog, but on the listserv of some football fans – fans, as it happens, of a club in a former mining area in the north of England. As Hugo Young said in his posthumously published piece on her (he died in 2003) in Tuesday’s Guardian, “Thatcher was a naturally, perhaps incurably, divisive figure.”

For my part, I think you need only one chart to understand her influence on Britain, which shows the step-change in inequality during her time in power. I’ve published this here before, when I blogged on the 30th anniversary of her first election victory:



Ten notes on the financial crisis (guest post)

Posted in blindspot, climate change, economics, finance, politics, sustainability by thenextwavefutures on 2 April, 2013

RobTheWorldOver at the excellent Global Dashboard, Alex Evans has a post reflecting on the things he and David Stevens called wrong (and less wrong), looking through their development and poverty lens, in the aftermath of the crisis. In a similar spirit, my sometime colleague Ian Christie sent me ‘Ten notes on the crisis’, representing his take on what we’d learnt about economics and politics since 2008. I thought they deserved a wider audience. And so, with his permission, I’m republishing his Ten Notes here. They start below the fold.