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

"The third objection is political-economic, and it is the most serious. It is that the coalition required to deliver this agenda does not yet exist, that 40 years of #privatisation and labour market change have hollowed out the constituencies on which a programme of this scale would depend. The objection is partly correct: the coalition is not yet built. But this is a description of the political work required, not a counter-argument."

#UKPol #Economy #Manchesterism

Jun 24 at 6:15pmWeb