Police State UK5d ago

"High and volatile #energy prices squeeze households while generating windfall profits at the top of the supply chain. #Water companies extract while services deteriorate. #Housing supply is managed for margin as a generation is locked out."

"It is the supply-side equivalent of the pre-2008 financial regime: a framework that monitors symptoms while the architecture that produces them goes unchallenged."

#UKPol #Manchesterism

https://www.newstatesman.com/politics/economy/2026/05/the-case-for-manchesterism

The case for Manchesterism

The lesson of 2008 is incomplete In the wake of the 2008 financial crisis, regulators concluded that monitoring individual banks for individual risks had been insufficient. The crisis was not the sum

New Statesman
Show threadPolice State UK

"Energy, water, housing, transport and care are domains of inelastic demand, captive consumption, natural monopoly, and existential need. Under these conditions, market governance of the supply side does not produce competitive discipline. It produces rent extraction, under-investment, and the systematic transfer of risk to those least able to bear it."

#UKPol #Privatisation

Jun 24 at 5:46pmWeb