CAPITALISING ON CRISIS: BILLIONAIRES, PATENT WARS AND SURVEILLANCE IN THE WAKE OF COVID-19

by Tesni Clare

It’s not an original idea: opportunistic, peripatetic capitalism works by capitalising on its own crises. The idea rings even truer for neoliberal capitalism. 

It’s what Naomi Klein has dubbed ‘disaster capitalism’. Amidst public disorientation following a crisis, control is achieved by the imposition of economic shock therapy, or in other words, economic liberalisation – public spending is withdrawn, large scale privatisation occurs, and disaster is transformed into a shiny new investment. Private contractors move in, gobble up funding for their efforts to ‘clean up’, and billions get cut from government budgets. 

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SELF EDUCATION, NEW SOLUTIONS

by Laura Potts

Schools stand as institutions of education, aiming to enhance and aid growth in various forms. Children growing through the school system will eventually leave as adults. However, in my generation, there is a trend away from exploring a key part of adulthood: continued self education.

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THE DIRTY PROFITS IN HOUSING

by Joe Burns

The Grenfell Tower fire has painfully illustrated how destructive and negligent council spending can be. The predominant cause of the disaster was that money was spent in the wrong places.

Almost nine million pounds worth of refurbishment was completed on Grenfell Tower by Rydon and many other groups in May last year (though the “successful” refurbishment of Grenfell Tower has disappeared from Rydon’s website). The work included new exterior cladding, replacement windows and a communal heating system. The bottom four floors were also made into new communal spaces. However, nothing was done to satisfy residents, even after years of complaints by Grenfell Action Group, about the safety of the building. The local council even threatened the campaign group with legal action if they were to continue their pursuit.Continue Reading