End these offshore games or our democracy will die

“These are the fixes, but a real solution is ultimately political. We must accept that Big Finance and runaway inequality are incompatible with either a functioning democracy or a sustainable economy.” Aditya Chakrabortty sees a rotting core at the heart of our democracies.
www.theguardian.com

Sale of the century: the privatisation scam

“But the gap where the economic rationale for privatising council houses should be becomes a window through which it becomes possible to see beyond the individual privatisations to the meta-privatisation, and its one indisputable success: that it put more money into the hands of a small number of the very wealthiest people, at the expense of the elderly, the sick, the jobless and the working poor.” In an article that should be regarded as compulsory reading for citizens everywhere, James Meek looks back at 35 years of privatising UK industries.
www.theguardian.com