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It’s called “the shock doctrine” and it originated in the University of Chicago over fifty years ago. It was designed by a group of economists headed by right wing ideologue Milton Friedman. They possessed an almost religious belief in an unregulated, laissez faire, free market utopia and their idea was simple; the best way to introduce whole system privatization and an unfettered free market in any arena is through chaos.
Earlier this month, dozens of buses carrying Iranian regime agents rolled up to the gates of Camp Ashraf in northern Iraq, home to 3,400 Iranian political refugees, where they began a vicious assault against the unarmed residents. Two days earlier, the visiting Iranian foreign minister had reiterated his regime’s demand for the annihilation of the Ashraf refugees, whom Tehran regards as their only serious political opponents.
So then, not quite a year in office and not quite 40 years of age and George Osborne has already seen off two Labour shadow chancellors – Alistair Darling and Alan Johnson.
When Manmohan Singh was first named India’s prime minister in 2004 – named, not elected, after the Congress president Sonia Gandhi turned down the post – The Economist came out with an amusing, but apt, cover. It showed a puzzled-looking Singh pressing a phone to his ear. The caption read, ‘Who, me?’
To assist colleagues in preparation for tomorrow’s hate fest – I mean tomorrow’s session of the dispassionate inquiry into the lessons of the Iraq invasion – I offer a brief guide to the main points.
1. It is not a secret that Tony Blair, from at least November 1997, supported the use of military force to [...]
One has to acknowledge that journalists love puns, even bending stories, to fit a headline. So I’m a bit cautious about chucking the phrase “Great Stall of China” into public discourse, but it seems appropriate, in the circumstances.
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The British business secretary Vince Cable was in India this week with a group of UK businessmen, holding meetings with his Indian counterparts and seeking to help his entourage drum up some deals to take back home.
A few, belated, long-term thoughts on the unemployment numbers. Simply this, really – that the working Britain that leaves this downturn (eventually) will be a very different to the one that entered it. What seems to be happening is that the recession and recovery are accelerating previously slow-moving trends, and obviously adding a couple of [...]
Atletico Madrid v Real Madrid: Spanish Copa Del Rey quarter-final second leg, Kick off 9pm, live on Sky Sports
Lay Atletico at 3.7 to one
Atletico haven’t won a Madrid derby in more than a decade and at the price available of less than 4 to one to lay them, I’m prepared to bet that the sequence [...]
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