Which is the overriding consideration when tackling a pandemic emergency?
Today, 26 January 2021, the UK passed 100,000 deaths, a grim statistic. Did it have to be this bad? How have others countries done?
Of course, any pandemic will also cause peripheral damage, cancer or heart operations missed – possibly causing deaths– businesses wrecked, mental health damaged, etc. Any eventual report will include so many factors in the argument as to whether the UK has done significantly better or worse than similar nations. Its complex conclusions will be heralded as success by the government and a failure by the opposition
Osborne and Cameron’s response to the banking catastrophe, which can be traced to 15 September 2008 when the investment bank Lehman Brothers collapsed, sending shock waves through the global financial system and beyond, was to cut costs and freeze public sector pay to balance the budget or at least minimize the increase in the deficit. The pain fell on the low paid. Crudely, you could say that capital (the bourgoise) won, labour (the proletariat) lost.Continue reading “Capital or Labour”