A fundamental and repeated assertion of this blog is that Britain's fundamental problems are ideological. Britain is bedevilled by an obsession with free market ideology, both economic and political. This has led to a whole set of governmental programmes, beginning with Thatcher and growing steadily under successive governments, that are antisocial and mutually exclusive. It is this ideological fixation that led to our financial crisis and our failure to recover. This obsession with individualism and the free market is evidenced by our elite's love affair with all things American.
We are now witnessing the appointment of a Canadian governor of the Bank of England. This is a man steeped in the North American free market tradition who will approach his job, and therefore the future of the British economy from a North American free market background.

Now, I hope I am completely wrong, but, for the ordinary people of this country this appointment only means more of the same. What Britain needs is a complete change of approach, a complete change of thinking. The free market approach has failed completely, and, as I said in my last post has demonstrably failed, with the evidence all around us every day. We need a massive injection of public investment. A real and determined public effort could be utilised by empowering our system of local government to create jobs. Local government, exercising its traditional functions of housing, education, waste disposal and sewage etc. could, on its own, eliminate unemployment in the UK. There are alternative available in such a crisis, but I have no confidence in a North American to look to such an approach to solve our problems. A properly resourced and managed health service would also be a huge employment opportunity, and these would be real fulltime and properly paid jobs, putting an end to our part-time temporary culture that offers neither future nor hope.

There can be no doubt left now that our Prime Minister and his Chancellor are hopeless incompetents and that the current Labour Party are no better. This appointment may offer a glimmer of hope, but I have no confidence in anyone who is wedded to our dominant ideology. In the meantime the elite continue earning money at levels they can never hope to spend whilst up to half a million people in the UK are getting emergency food rations. It genuinely beggars belief. Welcome to modern neoliberal Britain.

Your Servant
Doktor Kommirat