The author sees a pattern being played out in the UK with many cutbacks related to quasi-governmental organizations (quangos).
Public bodies whose purpose is to hold corporations to account are being swept away. Public bodies whose purpose is to help boost corporate profits, regardless of the consequences for people and the environment, have sailed through unharmed. What the two lists suggest is that the economic crisis is the disaster the Conservatives have been praying for. The government's programme of cuts looks like a classic example of disaster capitalism: using a crisis to re-shape the economy in the interests of business.He then continues on to reveal how the ruling capitalists see the current economic collapse as an excellent opportunity to use "shock therapy".
...35 corporate executives wrote to the Telegraph yesterday, arguing, just as Milton Friedman used to do, for a short, sharp shock, before the window of opportunity closes. The policy might hit their profits for a while, but when we stagger out of our shelters to assess the damage, we'll discover that we have emerged into a different world, run for their benefit, not ours.
