Monetary austerity, the weapon of choice for the Tories is about the subjugation of workers, the evisceration and criminalizing of the unions. Conversely, corporate and political elites are changing laws to extort and concentrate public money, your money as their own personal ATM
Protectionism, regulation, workers rights, environmental laws are in the libertarian mindset 'oppressive constraints of democracy'. It's OK for them to steal your money to subsidize business but the welfare state is somehow scrounging when you need help because of their fuckups.
The financial system is your system, your money, your taxes built that system, it is not for disaster capitalists to loot and exploit at their leisure. Capitalism is disproportionately weighted to preserve political and economic dominance, this entrenches inequality #Libertarian
Throughout history, right wing economists invented austerity as a political tactic to consolidate the bourgeois social order, doff cap, tug forelock. All to increase profits for shareholders while decreasing wages for low to middle income workers.

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More from @EuropeanPowell

Dec 13
When the fuck is the revolution happening UK?
Tories had theirs, the 2nd Guilded Age is upon us, in days gone Austria, Britain and Prussia sought to restore the Ancien Regime. Today UK Govt has drafted in the army to 'limit disruption' of your right to strike for decent pay.
This is absolutely connected to Brexit, unprecedented deregulation will allow corporations to set up modern day slavery, you think things are bad now, without laws in place, without protectionism, the far right can wreak havoc and untold suffering on low to middle income earners.
Privatisation doesn't work. Tories aim to abolish public services and force public sector workers to work in the private sector for longer hours with less pay and zero rights or employment protections. The REUL Bill will sunset 4000 EU Laws on 31st Dec 2023, libertarian hell.
Read 6 tweets
Dec 12
Shanker Singham the brains behind Brexit headed a program for ‘Enterprise Cities’ at Babson Global – geographic zones with regulatory autonomy from their host governments, allowing them to set independent tax and regulation policies = NEO FEUDALISM
bylinetimes.com/2022/12/12/we-…
Post Brexit UK is capital hungry, 3rd country status mean it can strike deals with despotic regimes, deregulate 4000 EU Laws and usher in corporate fascism. 'Once the regulatory framework is set, the host government will not change it in the future.”
desmog.com/shanker-singha…
If you haven't heard of Shanker Singham, I suggest you familiarise yourself with who this extraordinary shadow influencer of libertarian ideology is and why Gove, Mogg, Johnson, Baker, Sunak, Truss, Mordaunt worship at his altar of kleptocracy.
ducksoap.wordpress.com/2022/03/21/sha…
Read 5 tweets
Dec 12
Liars and thieves continue to prop up performative wins when the hard truth is absolute carnage of UK infrastructure on all fronts. #BrexitDisaster
Watchdog reprimands Tories over £800bn post-Brexit trade deals claim theguardian.com/politics/2022/…
Tories will not fess up, Labour will not mitigate the damage with common sense approaches like realigning with the EU. The UK has been kidnapped by disaster capitalists, xenophobes, racists and radical right libertarians under the guise of patriotism. What a fucking mess.
The worst is yet to come, 31st Dec REUL Bill sunsets 4000 EU laws in 1 fell swoop, no country has ever done this in world history. Employment rights, food safety, environmental laws, all protections abolished, transition phase mean corporate fascism for UK
Read 11 tweets
Dec 11
Charter cities, the neoliberal dream where a country gives away the best parts of its territory & resources to private companies who create their own laws/ways of understanding Govt inside that territory. Watch out post Brexit UK!
democracynow.org/2022/12/9/upda… via @democracynow
CC's strike against the sovereignty of any country. President Xiomara Castro stopped that. She doesn’t believe wealth is only for a few people or only highly concentrated. She believes in economic development that comes from the communities; women, men, workers self organization
More than one in five of the UK population (22%) are in poverty– 14.5 million people. Of these, 8.1 million are working-age adults, 4.3 million are children and 2.1 million are pensioners. Austerity UK paves the way for fascism, post Brexit weaponizes poverty. Wake up!
Read 6 tweets
Dec 10
Exemption from tariffs gives a tax subsidy to products sold from a freeport IF (and this is critical) they are exported. That means that this benefit goes to other countries, and not into the UK market.
Sunak and Truss's Freeports are a Threat to Democracy
bylinetimes.com/2022/08/11/in-…
A r/w libertarian run freeport need not be a port. It’s can be a single warehouse to a whole geographic region that a Govt declares to be outside the scope of 'normal' regulation. What happens when deregulation is installed at a freeport?
REUL Bill will sunset 4000 EU laws on 31st Dec 2023, employment rights/food safety/environmental laws gone overnight. Do you think the Tories have prepared replacement laws in time? No, because laws can take years to rewrite, Truss wasn't joking when she said she admired pirates.
Read 15 tweets
Dec 9
UK 5 mins behind US! Private equity are the largest landlords in US, don't assume that improves social housing, it's the opposite, shoddy buildings, uninhabitable living conditions, the rich cutting corners.
The Dangers of Financialization via @YouTube
Concentrated wealth has a disproportionate influence on politics esp where private equity monopolizes real estate. UK Russia report; PR, lawyers, accountants, estate agents, entire British Establishment now compromised beyond mitigation. Brexit was hatched for venture capitalists
The power of capital markets is fuel on the fire that is consuming the public sector and exacerbating inequality. Offshoring wealth to tax havens, companies stealing public money for subsidies, it's all hideously wrong, morally, ethically, politically and environmentally.
Read 6 tweets

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