My last blog got me thinking about how much we are ripped off in the UK, and have been for a long time. We are continually fed the line that the free market rules all but for me it shouldn’t. An interesting tweet appeared the other day regarding prices since 2010 which just got me thinking even more and about the assets we have lost to the private sector.
Not only are we continuing to pay for the banking crisis of 2008, and currently Brexit, but we are continuing to pay for the de-industrialisation and de-nationalisation policies of the Conservatives since the late 1970s and the de-regulation and PFI scandals of Labour in the late 1990s and 2000’s.
While the Tories argue that the policies of the 70s and 80s were about modernising the UK and making it more competitive, were about understanding that the market can run business better than the government, I just don’t accept that. These policies took public assets, which were also public services, and sold them off to the city. Yes the public got allowed to buy a small amount of shares, paying twice for something they already owned, but many of these companies were still profit making at the time putting money back into the system. The Tories also took the gift that was oil and gas and used it to pay for mass unemployment and massive tax cuts to their friends.
These policies were also partly about breaking the trade union movement, in particular the Miners, and driving down wages and conditions. These policies redistributed wealth upwards while reducing job security, and by throwing the bone of council house sales at the poorest, they brought in fear of losing your home and called it aspiration. If you have a mortgage and you fear losing your job you are less likely to strike and more likely to accept low wages and poor conditions, as we do now.
The list of assets that we the taxpayer owned and the Tories sold off is a long one. British Aerospace, Cable and Wireless, British Telecom, Jaguar, Britoil and British Gas. We lost British Steel, British Petroleum, Rolls Royce , British Airways, Electricity and Water, British Rail and British Coal.
We then had Labour with aggressive PFI adding billions to local authority debt, making building companies massively wealthy at our expense and the Tories come back and sold off the Royal Mail, the roads and outsourced as many public services as they could and continue to do today. All we have left is the NHS but for how much longer.
We are not the modern competitive world economy the Tories and the other unionist parties would have you believe, we are the whore house of the developed world willing to sell our assets to anyone. The Tories would sell you if slavery hadn’t been abolished in the U.K. in 1833 if they could get away with it, saying that it’s just called zero hour contracts now.
As the UK continues to move towards being the new sweatshop of the world remember that there are many who will continue to get very rich and there are many in the Tory, Labour and Liberal parties who will go much further. We are on the brink of having lost it all, Scottish Independence is the only way we can arrest this shame, and even begin to repair a little of the damage. You also need to consider that the day that Scotland no longer makes rich people richer in the City of London, makes unionist politicians feel bigger and more important in the world, that will be the day that England votes for its independence, like the colonies of before, Scotland the last colony will have served it’s purpose.