Police State UK6d 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

"Since the mid-1990s, privatised transport, energy, and water companies have extracted close to £200 billion in dividends while delivering lower investment than their public predecessors."

"Britain’s essential sectors cost more than comparable alternatives not because they deliver more, but because they are organised to extract more."

#UKPol #Privatisation

Jun 24 at 5:50pmWeb
Show threadPedestriansfirst6d ago
@PoliceStateUK So why is Michael Portillo one of the chief architects of this disaster all over our TVs like a rash? #Privatisation
Show threadPolice State UK5d ago
@pedestrians1st Because we don't have guillotines in the UK? 😉
Show threadRachel Rawlings5d ago
@PoliceStateUK The tories perfected the process of enshittification long before Cory Doctorow popularized the word.