Hammond on the necessity of Austerity. Almost Marx comments

Austerity is the rallying cry for an utterly catastrophic collection of Free Market dogmas! But it also acts as the slow poison to what remains of the Welfare State. The collapse of 2008 and the ensuing triumph of the 1% and the immiseration of the 99%, has produced Mr. Corbyn: in sum, ‘The Rebellion Against the Elites’ as it was named by the FT.

The rise of Corbyn and his re-invigoration of Labour is the political inevitability that now faces the Thatcherites, and its twin deities The Iron Lady, Hayek heavily inflected by the poison of Oakeshottian contempt, for the political ambitions of a lower order of beings: the Labour Party under Corbyn!

Almost Marx

https://www.ft.com/content/014a1754-2526-11e8-b27e-cc62a39d57a0

About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.