Liz Truss Resigns as PM

A lot of people became very rich during Thatcher's time. Including some who were just ordinary chancers, in the right place at the right time. They loved her and still do, and don't understand why everyone else didn't just go out and make buckets of cash.

The idea that this is no way to build a civilised society does not occur to them. Indeed, they don't want a civilised society. Almost to a person, they are utter philistines, for one thing. For another, they just want as much money as they can for themselves and fuck everyone else. That way they can lock in their privilege, not just for themselves but for their descendants.

The last thing they want is a meritocracy, a world where we protect and nurture the weaker members of society, or common prosperity. They would be quite happy in the world of 1840, as long as they were one of the elite in it.
 
A lot of people became very rich during Thatcher's time. Including some who were just ordinary chancers, in the right place at the right time. They loved her and still do, and don't understand why everyone else didn't just go out and make buckets of cash.

The idea that this is no way to build a civilised society does not occur to them. Indeed, they don't want a civilised society. Almost to a person, they are utter philistines, for one thing. For another, they just want as much money as they can for themselves and fuck everyone else. That way they can lock in their privilege, not just for themselves but for their descendants.

The last thing they want is a meritocracy, a world where we protect and nurture the weaker members of society, or common prosperity. They would be quite happy in the world of 1840, as long as they were one of the elite in it.
Selfishness and the burning desire of the working class to become middle class has a lot to answer for…..
 
Selfishness and the burning desire of the working class to become middle class has a lot to answer for…..
There is ambition, there is aspiration, and then there is utter greed and selfishness.

The first two are fine, the last one, less so. You ought to have aspirations for your country as well as for yourself. And you ought not to engage in dodgy money-making like, for example, shorting the pound or asset-stripping. Especially when it leads you to attempt to influence national policy for your personal gain but a disaster for most others.
 
A lot of people became very rich during Thatcher's time. Including some who were just ordinary chancers, in the right place at the right time. They loved her and still do, and don't understand why everyone else didn't just go out and make buckets of cash.
I reminds me of the 'passive income' mob online nowadays basically saying that everyone should become an entrepreneur or get a property portfolio and rent it out. Not quite realising that the only reason that entrepreneurs can get rich is by hiring people who aren't entrepreneurs to do a lot of the work for them. If everyone was an entrepreneur, basically everyone would be self-employed and not a lot of businesses would be very scalable.
 
You can draw a direct, causal line from her housing policy of the 80s to the 2 grand + rental charges you’d now pay per month for a terraced house in Gorton.
I think there was definitely some merit in the right to buy scheme but like much of what Thatcher conceived it was two dimensional and didn’t consider the wider impact on housing stock.
 
I reminds me of the 'passive income' mob online nowadays basically saying that everyone should become an entrepreneur or get a property portfolio and rent it out. Not quite realising that the only reason that entrepreneurs can get rich is by hiring people who aren't entrepreneurs to do a lot of the work for them. If everyone was an entrepreneur, basically everyone would be self-employed and not a lot of businesses would be very scalable.

They do realise, it's often a pyramid scheme aiming to get gullible people to pay for their courses and attend their events.
 

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