Bill Nighy Supports the Robin Hood Tax
Sorry for the protracted pause in writing – I wish I had other writers to share responsibility for this blog with; sometimes this project gets a bit overwhelming and I take a step back to take stock!
Bill Nighy, ambassador for the Robin Hood Tax campaign in the UK writes about the continuing (and deepening) controversy about the banks and their failure to take responsibility for the economic meltdown and the resulting crisis, which the poorest in society are now being forced by the Tories to resolve:
Now, no less a figure than Mervyn King, governor of the Bank of England, has laid the blame for cuts in public services and welfare squarely at the door of the City. “The price of the financial crisis is being borne by people who did absolutely nothing to cause it.”
The evidence supporting him is overwhelming. The International Monetary Fund has warned that British government debt will be 40% higher as a result of the financial crisis. That’s equivalent to a total of £28,000 for every taxpayer in the country.
But King’s subsequent comment that he was “surprised that the degree of public anger has not been greater than it has” suggests that either he had a very high expectation, or that he has misread the public mood.
I’m an ambassador for the Robin Hood Tax campaign, which calls for a tiny tax of just 0.05% on every casino-style financial transaction in order to help poor people, reverse public service cuts at home and abroad, and tackle climate change. In this role I’ve seen how people’s sense of fairness has been stretched to the limits by the continued spectacle of huge pay increases and bonuses in big companies while ordinary people suffer. Every time people turn on the television news they are bombarded with stories of job losses, disabled children forced into care, public sector cuts or young people left without a future. Meanwhile one of the country’s leading bankers claims “the time for remorse and apologies needs to be over“. If there has been any remorse it has escaped my notice. Of course people are angry!
I think it’s a slight misrepresentation of what King said. There’s no question people are angry – the fights at town halls and on the student demonstrations has more than amply proven that. But we’re nowhere near the level of, say, Greek anger, where large swathes of the population demonstrate violently against the government. Is that to come? I’d say the British character mitigates that, as does the violent, pre-emptive behaviour the police have displayed so far (violent agents of the status quo? I should say so!). We also have a serious problem in the media where a disproportionately right wing press constantly misrepresents the economic crisis as only able to be solved by the ConDems’ shock therapy. Of course that’s complete bullshit – the country has been more than able to bail out Ireland at a time when we apparently don’t have enough money to keep libraries open. Would we be more inclined to follow the Greek lead if we were better informed? I wonder.
Survey Says…Keep our Forests Public
The ConDems have it in their heads that they should sell off our forests. All of them. And noone agrees with it:
- 84% of Brits think that England’s forests should stay in public ownership for the benefit of future generations, and 58% are in strong agreement
- Just 2% disagree with keeping the forests publicly owned
- A substantial 75% actively oppose the Government’s measures to sell off some, or all, of England’s forests and woodlands
- Only 6% were in favour of the plans to sell
Environment Secretary Caroline Spelman argues:
“State control of forests dates back to World War I, when needs were very different,” she said.
“There’s now no reason for the government to be in the business of timber production and forest management.
“It’s time for the government to step back and allow those who are most involved with England’s woodlands to play a much greater role in their future… and we will make sure that public access is maintained and biodiversity protected.”
Bollocks. It’s all part of the government’s ideological rape of public services and assets, and withdrawal from its responsibilities.
It should be resisted by everyone. Sign the petition.
Don’t Like Protests? Ban Them.
We’re not even into the second calendar year of the ConDem coalition – you remember, the one which said it would do better than New Labour on civil liberties? – and already things are threatening to become far worse than at any point in that period. The Metropolitan Police, ever trigger and truncheon-happy, is now threatening to ban protests:
Asked at the press conference if the Met would consider banning future marches, Sir Paul replied: “That’s one of the options we have got. Banning is a very difficult step to take, these are very balanced judgments.
“We can’t ban a demonstration but we can ban a march, subject to approval by the Home Secretary.”
But he went on: “When you have got people willing to break the law in this way, what is the likelihood of them obeying an order not to march or complying with conditions on a demonstration?
“Sometimes putting that power in could just be inflaming the situation further.”
Strange, that. He seems not to understand that it’s his force which has already inflamed the situation further. That his force, embarrassed by poor planning but surprisingly good policing of the first student protest, has now embarked on a vendetta against this country’s children and young people. Pre-emptive kettling (and lying about it)? Check. Hitting children and young people (not to mention kettling them) for no reason at all? Check. Running contained protesters (and others) down? Check. Baitvans? Check. Giving protesters brain injuries, then trying to deny them medical assistance? Check. Banning further protests would of bloody course inflame the situation further. The fucking idiot should be trying to defuse the situation, not make it worse.
He said public buildings and monuments in London, such as the Cenotaph, could be boarded up to protect them during future demonstrations, as happened ahead of May Day protests in recent years.
Sir Paul conceded the events are stretching his force’s capabilities, saying: “When you are putting 3,000 people out, not just on one day but a significant number of days, the consequences of that for the rest of the organisation are quite clear.”
He said he is “very worried” about the knock-on effect on securing neighbourhoods and town centres as hundreds of officers are redeployed to Westminster.
Sir Paul said he did not want a “paramilitary model” of policing in Britain but admitted a fresh review is taking place of whether or not water cannon should be used against rioters.
This is what water cannon does:

“I do not want to engage in an arms race, a knee jerk reaction to thugs and hooligans who do not know how to behave when they are accompanied by an overwhelming number who want to demonstrate peacefully.
“I am most reluctant to move towards this but at the same time we should keep everything under review.”
This is the man who the other day said protesters were lucky they weren’t killed by the police that day. I don’t believe a police commissioner in any Western city should be using such language or even suggesting using additional weaponry on protests which have been wholly legitimate; angry but legitimate. Blaming angry students for grievances shared by many more people than just them, overexaggerating the violence, dismissing the violence of his own people and justifying the tactics his Commander Bob Broadhurst thinks makes sense for policing large scale protests in London; this is a return to G20 style policing without a large scale outcry. In this grudge match he no longer seems to feel the need to justify his thugs not wearing their ID badges:
Does someone have to die again before this continued abuse of their role stops? And why is most of the press complicit in it this time?
The Establishment vs Jody McIntyre
Can I just say WTF? How could a man with cerebral palsy ever have posed a threat to riot police? I’ve of course blogged earlier about Jody McIntyre and the police’s treatment of him on the #dayx3 student protest against the government’s policy to allow massive rises in university tuition fees, and am utterly shocked by Ben Brown’s behaviour – bias you’d normally expect from an Adam Boulton or a Kay Burnley. The video mostly speaks for itself, but McIntyre stands out particularly for destroying the establishment (ie. BBC) narrative on the protests, and with a grace not reciprocated by his accuser/interviewer. The BBC are still completely ignoring incidents like the attack on Alfie Meadows (and the Met’s appalling behaviour towards him afterwards) in favour of rewriting the student movement as an insurgent, ‘revolutionary’ attack on the state. For reasons known only to the BBC, they continue to report what the state gives them as fact, even when the state blatantly lies through its teeth to them. As I was reminded by John Pilger in the Q & A he gave after last night’s London screening of ‘The War You Don’t See‘, there are times that journalistic ‘neutrality’ is utterly ridiculous – in this instance there couldn’t be an equally valid alternative angle on the Met’s treatment of McIntyre. For Brown to push for one at the very least makes him and his employer look monstrously stupid, at worst it smacks of outright bias on his part.
Video of what happened to Jody McIntyre can be seen below:
In my opinion Brown is guilty of a serious breach of journalistic standards and should be held accountable for it. Suggesting McIntyre was in part responsible for student violence, and refusing to acknowledge police violence even when prompted by McIntyre to do so (and which he must have himself seen on the day), is pretty shocking. His appalling journalism across the entire #dayx3 protest story has thankfully been taken comprehensively apart by John Walker. Anyone who previously thought the BBC had any interest in challenging the state on anything should probably think again after this.

You can complain about Ben Brown’s treatment of McIntyre, if you’re minded to do so, here.
Now This is a Case of Broken Britain!
After the #dayx3 student protest, timed to coincide with the parliamentary vote to skyrocket university tuition fees, much was made in the UK press about the incident that evening involving Prince Charles and Camilla. Their Royal car had paint thrown at it and Camilla was allegedly ‘poked’ through the window by a protester. In response to that, Metropolitan Police Commissioner Sir Paul Stephenson allegedly offered his resignation:
According to the Sunday Times, Sir Paul Stephenson, Britain’s most senior cop, offered his resignation as Commissioner of London’s Metropolitan Police to His Royal Highness, the Prince of Wales, after the car carrying Charles and his wife was surrounded by protesters in central London last week.
Now we know that HRH, number two in a constitutional monarchy, has long had ideas on architecture, planning and whatever else swims into his appalled view – if not above his station, certainly beyond the parameters of his ‘above the fray’ non-political role. But even Charles clearly baulked at the idea that he should accept Sir Paul’s resignation.
The Met Commissioner is responsible to us, the people, through the Home Secretary. His grand-standing offer to go (he admitted to colleagues, apparently, that his resignation was unlikely to be accepted) was all of a piece with the fiasco that unfolded on Thursday during the student protests against the coalition Government’s trebling of tuition fees.

Unbelievable. Absolutely unbelievable that the boss of London’s police should offer to resign because the heir to the throne and his wife were a little bit upset! Why not offer to resign after his force killed Ian Tomlinson? He may not have been the Met’s boss at the time but why not resign after the murder of Jean Charles de Menezes? Robert Chesshyre goes on to add:
So the question should be: if Sir Paul is seriously thinking of quitting, ought it not to be for the consequences of failures by his force other than the upset experienced by the heir to the throne?
One student, 20-year-old Alfie Meadows, was allegedly struck so severely by a police baton that he fell unconscious and required emergency brain surgery.
That is bad enough. But the story emerging is far, far worse: that police officers prevented Alfie’s tutor summoning an ambulance; that when he finally did get to the Chelsea and Westminster Hospital, there was a stand-off because according to Alfie’s mother the hospital was treating injured police who didn’t want an obvious protestor, however badly hurt, treated in the same building.
Even in Afghanistan, coalition Medevac helicopters will remove injured Taliban fighters for treatment even in the heat of battle.
It was only – as Alfie’s mother, Susan Matthews, 55, herself a university lecturer and also on the demonstration reported – the intervention of an appalled ambulance man, who insisted that Alfie stayed put, that stopped him being driven away to another hospital with severe (and possibly fatal) consequences.
A senior nurse then took the stricken Alfie to a separate resuscitation room to keep him away from the police who found it “upsetting” to see protestors in the hospital.
As I’ve pointed out (and will continue to do so) the incident with Alfie was hardly an isolated incident, and it’s phenomenal that Stephenson should find it so easy to trivialise the brutal behaviour by his officers. I wasn’t at the demonstration, but I acknowledge that there was violence on both sides, however this is clearly a man who has his priorities all wrong. He’s willing to sacrifice his career to impress the heir to the throne, yet not in response to wanton, excessive violence by his uniformed thugs. Speaking of those uniformed thugs I am dumbstruck every time I hear them and their superiors complaining about the missiles thrown at them. Think this through – they have said they had snooker balls thrown at them. I know from my experience at demonstration at the Millbank Tower that the harder elements at that protest were throwing missiles, but can someone tell me why a) getting hit by a snooker ball when you have body armour on is a problem and b) how many students were likely to have gone out en masse to steal balls from snooker halls? Please. For that matter how the hell does a handful of snooker balls against riot cops merit indiscriminate attacks with batons against unarmed young people?
David Cameron has repeatedly invoked the concept of a ‘broken’ Britain; this is the surest example I’ve yet seen of one. And yes, Stephenson should go, but we all know he won’t.
What We’re Arguing Against and What We’re Fighting For
by Adam Ramsay of Bright Green Scotland and No Shock Doctrine

George Osborne thought his smokescreen was working. It looked for a while like the people of Britain were going to accept the biggest cuts to public spending seen in the Western world in a century. He had, it seemed, delivered a sleight of hand that would impress even the most slippery magician.
The trick he’s been using to great effect is, though, an old one. It works something like this: in a crisis, people panic. They accept something big has to happen to solve it. But massive crises are complex, and a global economic collapse is particularly hard to understand – we aren’t taught the basics of economic history at school, we learn that these are matters for clever men in suits who use long words.
And so what George Osborne spotted is what right wing politicians around the world have known for the last 40 years: a disaster is a great time to radically change a country. From the privatisation of New Orleans’ schools after Katrina, to the corporate plunder of Iraq after the 2003 invasion, this trick is nothing new. Naomi Klein’s book The Shock Doctrine describes in detail how it has been used the world over.
There is a big problem. People understand this might require a big solution. And so they accept policies they would never normally countenance – policies not designed to solve the problem, but to radically change society in a way no one ever voted for.
And like this sleight of hand, Osborne’s “solutions” too are nothing new. The Conservative students I studied with at university – the generation who were born under Thatcher, and are now the researchers and aids to this government – were arguing for 30% spending cuts long before the recession. And their predecessors did too – in fact, in 1910, the Conservative Party brought down the Government rather than allow the people’s budget, the foundation of the welfare state, to pass. And they have used every opportunity since to rid this country of what they see as a dangerous socialist experiment.
And this “solution” is, of course, nothing of the sort. The idea that you solve a deficit caused by unemployment by cutting jobs is economically illiterate. Don’t take it from me – look at what is being said by the world’s leading economists, including most recent Nobel prize winners: Britain is embarking on a radical economic experiment which is not only un-necessary, but probably going to make the recession worse.
But because people have been taught that economics is too complex for us, many people seem to stop listening when you try and explain why the cuts are a bad idea. And I’ve tried lots of ways:
I’ve tried explaining that the Treasury’s debt really isn’t that big: it was bigger for most of the 20th century, and, compared to the size of our economy, is one of the lowest on earth.
I’ve tried to explain that most of the debt is owed to people in the UK: our pension funds buy government bonds. If, as the Tories predict, borrowing did get more expensive, that would just mean that Britain’s pension funds would get fatter – money the Treasury could tax back.
I’ve tried pointing out that the borrowing isn’t getting more expensive, but cheaper. And this is extra-ordinary. Before the election, the excuse that they gave for cutting public spending was that they believed we’d be punished by the bond markets if we didn’t: investors wouldn’t buy government bonds. They were wrong. What has actually happened is that investors have decided that they don’t want to risk buying shares in companies which might collapse, and so they have rushed to buy government bonds. As a result, borrowing is cheaper than it’s almost ever been. The reason they gave for cutting has evaporated. They were just plain and simple wrong.
And I’ve tried explaining the multiplier effect. The way out of a recession is to invest in jobs. Once you’ve created a job, that person buys stuff and pays taxes. The Tories like to compare the national economy to a household. But, when I buy stuff in the shop, I don’t get lots of the money back in tax. And I don’t get even more back in tax when the shopkeeper buys her stock or pays her staff. And again when the staff buy things, and so on. And so the way out of the recession is to look at the real problem – unemployment – and take advantage of record cheap borrowing, by investing. As Nobel winning economist Joseph Stiglitz – former economist for both the World Bank and Bill Clinton – tells us, cutting now could well lead to higher long term debts.
I’ve pointed out that we tried this all before. Cutting spending to pay the debts of WW1 caused the great depression. Building the welfare state allowed us to build our way out of the debts left by WW2.
And I’ve reminded people that it wasn’t public spending which caused this crisis, but listening to crazy right wing ideologues like George Osborne who thought that we should shut down everything and hand our economy to the bankers.
And I’ve tried explaining that public services aren’t a cost to the economy but an investment in the civilisation which makes our economy possible. If we don’t invest in them now, we make our future economy less prosperous, and this will cost far more than our record cheap, very low debt.
And I’ve pointed out that the impending climate crisis means we urgently need to invest to create jobs building a new economy – this can’t wait, and the legacy we leave if we don’t will be unimaginable.
And I’ve tried many more arguments besides. And these arguments work – sometimes. A little discussion of why the great economists of our age think that George Osborne is either mad or bad or stupid often does leave people convinced.
But many turn off at the wiff of a discussion of economic theory. And you don’t get the chance to have that little conversation with everyone in Britain.
However, there is one more argument: one I haven’t yet mentioned, which doesn’t require so much explanation – an argument which convinces almost all who hear it. A fact so compelling that once shouted, it will echo throughout the country:
If the mega-rich who caused this crisis paid the same level of tax as you and me, we wouldn’t have a deficit.
And of course, all of these arguments are what the Labour Party would be explaining, if they were brave enough to challenge Britain’s entrenched corporate power. But they aren’t. And so, with the noble exception of our one Green MP, and a few on the Labour left, it it falls to us, the people, to make this case.
But that’s ok. It’s ok, because this is nothing new. Public services were won by social movements who shouted, and screamed, and withdrew their labour, and occupied, and built new political parties, and, yes, smashed windows. And it’s ok because the fact that they don’t teach economic history in school doesn’t mean that we don’t remember this lesson. It was our grandparents and our great grandparents who won a state pension, who invented the NHS and who built affordable council houses. That was their legacy to us.
And it’s ok because our thanks to them will be to use the technology that our parents with their state funded education invented for us, to organise a resistance to the Tories so strong that our children will never forget. Because the history of Britain is a history of ordinary people fighting the Tories to win a fair share of our country’s wealth and power.
And as UK Uncut have shown, it is not a history that our generation will soon forget. Because people are realising that George Osborne’s smoke screen stinks. And as we blow it away, we will have a chance to learn the lesson Osborne teaches us, and take the chance to work out, together, what kind of country we want to build from the ashes, and leave for our grandchildren. And, if nothing else, that’s worth fighting for.
But the Police ARE The State’s Enforcers
Sir Hugh Orde, President of the Association of Chief Police Officers (ACPO), a for profit organisation, has warned that the police should not be seen as the means by which the ConDems’ will is enforced:
Asked if there was a danger to the police’s reputation by repeated clashes at demonstrations, Orde told the Guardian: “Yes, if it is allowed to be played as the cops acting as an arm of the state, delivering the elected government’s will, rather than protecting the rights of the citizen.
“We need to be clear we are doing it as operationally independent, and not subject to influence by anyone as to how we do it.
“As long as that is maintained we can rebut any allegations that we are doing what we are told by our political masters to advance a political agenda. The police are not against anybody.”
Far too little and far too late. It’s become plainly clear even to children that the opposite is true – they are the state’s enforcers. Rebel against it and face pre-emptive civil liberties restrictions and unprovoked violence. Want some proof?
From the 30th November #dayx2 protest:
Tahmeena Bax, a third-year history student at Queen Mary University in east London, said she was hit directly over the head at least three times by a riot officer when police charged a group of kettled protesters on the evening of 30 November.
The incident took place at the north east end of Trafalgar square, close to the National Gallery at around 6pm, as protesters some distance from Bax lifted barriers protecting the police line. The police charged the crowd. “The police suddenly rushed forward and I couldn’t escape. I was hit at least three times, mainly on the right side of my head,” she told the Guardian.
Bax, 20, who had become separated from her fellow protesters from Queen Mary’s, staggered 10m away from the police and collapsed unconscious on the ground.
A witness, Katia Ganfield, said: “I saw her curled up in a ball. There was no response from her. We were all in shock as we didn’t think a young girl would be hit to the ground like that.”

From 9th December #dayx3 protest:
Mr [Jody] McIntyre described what happened: “I was in Parliament Sq with my brother and we saw everyone running to one of the corners so we ran and made our way to the front.
“One policeman hit me with his baton in the shoulder then suddenly four or five of them picked me up, and dragged me from my chair. They carried me quite violently and against my will and put me on the pavement.
“Eventually after about 5 minutes, my brother was let through.
“What was even more shocking though, later on I had moved to the other side of Parliament Sq and I was sitting in my wheelchair in space in the middle of the road. A policeman recognised me from the earlier incident and came running over, pushed me out of my chair and dragged me across the road. This was completely unprovoked.”
Mr. McIntyre has not yet decided whether he will make a complaint against police, but was eager to make the point that this is not an isolated incident. “I’ve been to a lot of these protests and people are always violent with me” he said.
“Even though I’m in a wheelchair, I like to think we’re all equal human beings. There was plenty of violence towards students yesterday, and even though I’ve had media attention, all of this violence is equally disgraceful. But this is standard police behaviour.”
The police watchdog launched an independent investigation today after a 20-year-old student was left unconscious with bleeding on the brain after being hit on the head with a police truncheon.
Alfie Meadows, a philosophy student at Middlesex University, was struck as he tried to leave the area outside Westminster Abbey during last night’s tuition fee protests, his mother said.
After falling unconscious on the way to Chelsea and Westminster Hospital, Mr Meadows underwent a three-hour operation for bleeding on the brain.
His mother Susan, 55, an English literature lecturer at Roehampton University, said: “He was hit on the head by a police truncheon.
“He said it was the hugest blow he ever felt in his life.
“The surface wound wasn’t very big but, three hours after the blow, he suffered bleeding to the brain.
“He survived the operation and he’s in the recovery room.”
It’s About the Good Society
Michael Gove hasn’t got it for some time apparently:
I accept that some graduates will take up jobs which do not command handsome salaries. Individuals may pursue admirable work for which there is no great monetary reward, in the Church, the arts or public service. In these cases there is a strong case for the taxpayer bearing the cost of their degree. But why should the vast majority, who go on to benefit financially from their degree, be subsidised by me?
Those of us who are net contributors to the State, graduates or not, are getting a terrible deal for our money. We could guarantee far superior healthcare and schooling for our families if only the Government gave us back the money which it confiscates from us in taxes and then spends on the schools and hospitals which it runs so badly. But of all the money wasted by the State there is perhaps no greater scandal than its mismanagement of the funds it takes to spend on higher education. The system it has built to disburse our money is inimical to equity, liberty and excellence.
Higher education is now a nationalised industry, with universities utterly dependent on state support for their survival. Like all the nationalised industries which taxpayers had to subsidise in the past, from British Coal to British Leyland, UK Universities suffer from grotesque inefficiencies, low motivation, ministerial second-guessing, poor salaries, and a stifling excess of bureaucracy.
The Secretary of State for Education wrote this in opposition in 2003, which puts an end to the lie that the ConDems’ higher education policies are about anything other than ideology. Fortunately the university students and school pupils demonstrating against him don’t agree – the marketisation of knowledge in a knowledge-based economy will only be to the detriment of us all. I wish them every success in #dayx3 today.
Bob Broadhurst Is At It Again
Met Police Commander Bob Broadhurst was at his predictable best yesterday:
Commander Bob Broadhurst, head of the Met’s Public Order Branch said: “We have seen groups of youths descending on the last few student protests as the day progresses, purely with the aim of using the event as a venue for violence and to attack police.
“It has been obvious that these particular elements are not genuine protesters and they have no intention of protesting about cuts to tuition fees or any other issue. They have turned up purely to take part in violence and disorder.
“We will work with all protesters who want to peacefully protest and we acknowledge and respect their right to do so, but I would warn them to be aware of this violent element, which could harm them and their cause.”
Mr Broadhurst called for parents to advise their children of the dangers of attending a protest as youngsters are more at risk if violence breaks out.
Check out every other occasion he’s made such predictions. Every single time Broadhurst has issued such a warning there has been no violence started by demonstrators, be they students or G20 protesters. Each time he’s simply made it up, and the time before last did everything in his power to get his TSG riot officers to incite violence. Fortunately last time the students (who no doubt will be suitably prepared this time as well) were on to him, and didn’t play ball; even the so-called ‘mass arrest’ late in the day (after the demo had already finished) was a stunt.
The last line is particularly chilling, considering how pre-emptively violent his Met officers have been to unarmed, non-violent children on their last two outings. His ridiculous weasel words about ‘working with protesters’ are particularly hollow, considering the tactics the Met tried (and failed) to implement on #dayx2. May the students continue to frustrate (and evade) the Met over the next couple of days, but more importantly continue to humiliate them. The more they can show the Met to be the tool of the state which is trying everything in its power to smash their movement, the more successful their movement will be.
Tame the Vampire Squid!
From nef (New Economics Foundation):
Portraying investment banks as a giant vampire squid wrapped around the face of humanity, a new animation from The Great Transition campaign of nef (the new economics foundation) is launched today, Monday 6 December, aimed at increasing public pressure on government to take on the banks and not sweep the issue under the carpet.
The animation ask politicians if they have a plan to tame the banks, and if not, why not?
The one minute animation is backed by a wide range of influential pressure groups including: Compass, ResPublica, 38 Degrees, World Development Movement, Tax Research and the Post Bank campaign. The animation is part of the fast-growing counterweight to the power of the banks and is launched the day before the Eric Cantona-inspired run on the banks (bankrun2010), that has seen grassroots public campaigns spring-up in 15 nations.
Andrew Simms, Policy Director at nef said: “Who is afraid of the big, bonus-driven banks? The Coalition government it would seem. Why else, just two years after the biggest bail-out in history, are the unreformed banks still in trouble? Big investment banks were compared to giant vampire squids, wrapped around the face of humanity, feeding on anything that smells like money. Now massive spending cuts follow in their wake. The government lack a plan to tame them, and seem to wish the problem would just go away. That’s why we’ve brought the vampire squid compellingly to life to jog their memory, and ensure that no one can forget the need for urgent reform. We have a plan to take back our banks for the benefit of the public and the wider economy, where is theirs?”
Tony Greenham, head of nef’s Finance and Business programme added: “The bankers claim they earn their bonuses through creating wealth, but the reality is that modern banking is more about extracting wealth from the real economy than doing anything socially useful. We can’t go on like this; it’s time to take back the banks for the public good and not allow our politicians to be bought off with a few grudging concessions from the banking elite.”
As public services pay the price for massive private-sector failure, there is little sign that government is prepared to stand up to the banks that played such a central role in the crisis:
- Nearly £7 billion will be paid out in City bonuses this year.[i]
- £7 billion is more than the first wave of public spending cuts, and the amount the UK has committed to propping up failing Irish banks as part of the Irish bail-out package.
- Attempts to change bad bonus behaviour with a levy failed according to former Chancellor Alastair Darling, and there are already signs that the banks are preparing to return to business-as-usual on bonuses eschewing measures designed to diffuse public anger.
- We’re told that there’s no alternative to huge public spending cuts in the wake of the crisis-driven recession. Yet, add together all the taxes in the UK that go unpaid, evaded or avoided and you come to a figure of £120 billion.[ii] A vigorous effort to collect even a share of that would completely change the debate. Yet the banks, and the accountants and lawyers that win lucrative business from them, are busy finding ever more ingenious ways to help their clients pay their fair share of tax.
Why Cuts are the Wrong Cure
Adam Ramsay offers a fantastic argument against education cuts (cross-posted from falseeconomy.org.uk):
Two days ago, I stood outside Oxford’s Cheney School as almost the entire sixth-form walked out of their classes. Their younger school-mates too had turned up that morning with placards and with marching shoes and with pre-prepared chants. But their teachers had threatened severe punishments if they joined the march.
The students complained that, as a result, there were “only” 200 of them. They marched into the city centre, and joined with 300 more school students from across Oxford before going on to occupy the county hall, shut down every bank in the city centre, and secure all of Oxfordshire’s front pages. And, of course, similar things happened across the country.
Today’s teenagers were written off as “the X box generation”. Day X has smashed that stereotype. What can have caused this? Well, it’s pretty simple. Chloe, one of the organisers from Cheney School, put it best: “Most people here come from ordinary backgrounds. We won’t be able to afford to go to university if they introduce these fees. I want to be able to go to university.”
The same, simple sentiment was expressed by those I saw kettled into Whitehall on Wednesday: “They’re taking our EMA away. How am I going to be able to finish my A-levels?”
And it was shared by the students I spoke to at the occupations of UCL, SOAS, Edinburgh, Birmingham and Oxford Universities. They use longer words, like “marketisation” and “neo-liberalism” but they mean the same thing – these cuts and fees and students debts will shut people out of their hopes and their dreams.
But there is also a basic economic problem with the massive cuts we are seeing to education. Because money spent on teaching doesn’t go into a black hole. Margaret Thatcher was famous for asset stripping – for “selling the family silver”. At the time, this meant selling physical assets – buildings, factories, whole industries.
But if the new economy is – as we are so often told – a knowledge economy, then these cuts are just a new kind of asset stripping: stripping a generation of the skills they will need to build new wealth, and a new society, from the ashes of the recession. The failure to invest in tomorrow is a classic way to destroy a company or a country. It is a failure that the government seems to be blundering into.
But it seems this generation has woken up to its plight. And, with Lib Dem MPs wobbling on fees, they might just have a victory in their sights.
Adam Ramsay blogs at Bright Green.
Will the Students Succeed in Triggering a Rebellion?
Gary Younge is right when he says that the students won’t likely embody a deep rebellion against the government’s austerity cuts, but they sure could inspire one:
So while it’s true that others have it worse than students, it also entirely misses the point. Protesting against tuition fees is not a sectional interest. For most, student years mark a transition from youth to adulthood, which means the burden for these increases do not just fall on individuals but families – who will already be suffering from the crisis in others ways. Thatcher’s cuts blighted isolated communities, whether they were pit villages or northern cities. These attacks are not just deeper but broader. Clearly, how students’ resistance to these cuts pans out will have ramifications for successful opposition to the entire austerity programme. That is reason enough to deserve our support.
But while students can be the spark for the broader struggles ahead, history tells us that they are unlikely to be the flame itself. Students and the young might be the most likely to protest, but they are among the least likely to vote – if indeed they are even eligible to vote – and cannot withdraw their labour to any devastating effect. McCain’s stand gave courage to the sharecroppers and domestic workers; the French students in 1968 bolstered the confidence of factory workers. The threat British students pose – much like the financial crisis bringing them on to the streets – is of contagion. That their energy, enthusiasm, militancy, rage and raucousness might burn in us all.
As the video shows, the student rebellion is succeeding in drawing wider consciousness to the double standard the ConDem coalition doesn’t want you to know about. On the one hand they’re happy to more than triple the debt students are expected to carry merely to get themselves educated (whilst making it nigh impossible for much poorer students to do so at all), on the other they’re as indifferent as ever to tax avoidance by business magnates and corporations. If they can keep demonstrating how ideological the cuts agenda is across society – not just to their interests – Younge could turn out to be right.
These protests are labelled ‘fascist’ by some – a charge which makes no sense to me. Most of the country voted against this in May, and protest is an entirely legitimate (and protected) tactic available influence public opinion and government policy. Younge argues:
This is all too easy to dismiss and disparage as a toxic cocktail of naivety and privilege. Such sleights are flawed. First, in Britain at least, the notion of students as a wealthy strata on a three-year hiatus from real life is outdated. A third of students in higher education are from working-class or lower-middle-class backgrounds, and work during term time to pay for basic needs and books and equipment. Just under one in five of those with jobs works more than 17 hours a week. One in five lives at home. Add further education and school students into the mix and you have a demographic that looks more like the characters in The Office than Brideshead Revisited.
Second, even if they were middle class, so what? Beating up on the middle-class does not help the working-class. Indeed, by eliminating the notion that education is a public good you eradicate the primary means by which working-class people can better themselves. They are not just an attack on finances, but on aspiration.
It can never be pointed out too often – if only because it is so frequently ignored – that this situation was not created by excessive public spending but by an international banking crisis brought about by an unregulated binge in the private sector. In a sordid redistribution of wealth from poor to rich, working-class kids will be denied the possibility of a university education because wealthy traders were in denial about economic reality.
I don’t think it’s just students who get this. Lib Dem ministers may toe the coalition line and refuse to talk about the bankers or debt, but the moment the equation gets embraced by the wider middle class (for it is they who determine election outcomes still) they have a serious problem. I do hope so.
Students vs the Shock Doctrine
The @UCLOccupation says you should ‘come and have a cuppa’. Quite brilliant – have a watch to understand what the UCL student occupation is all about.

