Plutocracy? Did I hear someone say Plutocracy?

Post updated and temporarily brought to the front of the blog on April 11, 2013. On the eve of Margaret Thatcher’s funeral, and given this blog’s preoccupation with the political culture of neoliberalism, I thought it appropriate to bring to the front of the blog a short post from November 2010 that points to Thatcherism’s legacy: plutocracy.

These days I tend to avoid reading the Guardian, but amid all the hagiography,  three pieces provide useful perspectives on Thatcher: Germaine Greer’s The Making of Maggie offers salutary reading for all those of us who have tended to attribute to Thatcher a more strategic disposition than she ever really had.  For its part, Russell Brand’s ‘I Always Felt Sorry for her Children‘ is food for thought on the selfishness that is so common amongst Thatcher’s (and Reagan’s) ‘Children’. Finally, and speaking of children, David Leigh’s piece Mark Thatcher’s Return to the Spotlight begins to give a sense of the almost casual corruption associated with Thatcherism – a corruption, it should be noted, that continues to this very day.

This post will return to its original location in the blog after the great show, aka Thatcher’s Death, now also known as ‘True Blue’, comes to an end.

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A truth finally seems to be taking hold: commentators in the U.S., if not Great Britain, are starting to accept that what we now face is not just a period of ‘greater inequality’, but a time when the very richest will rule in much the way they did until the 1920s. To read all about the way this is happening in the U.S., see Timothy Noah’s

The United States of Inequality

If you think Britain is different, then have a look at the statistics offered in that article to see which European country isn’t doing better than the U.S. when it comes to rampant inequality.

If you’re still not convinced, perhaps you might want to have a look at who has been put in charge of reviewing higher education financing in the UK….