Fṛm Đ Gardịn: Trussonomics is a fanatical, fantastical creed, and the last thing Britain needs

Illustration: Nate Kitch/The Guardian
Iḷstreśn: Nêt Cíć/Ɖ Gardịn

Trusonomics z a fnaticl, fantasticl crīd, n ɖ last ʈñ Britn nīdz

(Transcription of an article published in the Guardian on 17 September 2022)

Jst ẃn w nīd viźnz v a betr wrld, ɖ prîm̦inistr z pṛclemñ ɖ toxic gospl v niolibṛlizm

George Monbiot

Jorj Monbio, Saṭde 17 Sptmbr 2022

Sn, ɖ foc̣s wl rtrn, n ɖ c’laps v mni ppl’z ic̣nomic prospects wl doṃnet wns mor. Az wintr aproćz, it wl bcm clir ɖt ǎr poḷtics z spectaklrli lacñ in ansrz.

Ẃ? Bcz ɖ doctrin dstroyñ ǎr cndiśn v lîf z ɖ doctrin Liz Trus hz promist t xtnd t ny xtrīmz. Ś z fnaticli dvotd t an îdioḷji mslidñli cōld Ʈać̣rizm or Reġnizm (az f ɖe invntd it), bt mor akṛtli dscrîbd az niolibṛlizm.

Ɖs doctrin insists ɖt poḷtics sbmits t “ɖ marcit”, ẃć mīnz, ẃn trnzletd, ɖt dmocṛsi mst sbmit t ɖ pǎr v muni. Eni impedimnt t ɖ akḿleśn v wlʈ – sć az public ǒnrśp, tax, reğleśn, tredyńnz n p’liticl protest – śd b torn dǎn, îɖr qcli n nôẓli or slǒli n stelʈ̇li. Ẃn cnsymrćôs z unincumbrd bî p’liticl inṭfiṛns, ɖ marcit z alaud t bcm a Gret Winowr, siftñ s intu a naćṛl hîrarci v winrz n luzrz.

Ɖ doctrin hz rlijs, qāzi-Calvnist aspects: in ɖ cñdm v ɖ marcit w cn si hu z dzrvñ n hu z undizrvñ ʈru ɖ gres bstoud upn ɖm bî ɖ god v muni. Eni poḷsi or protest ɖt sīcs t dsrupt ɖ formeśn v a naćṛl ordr v rić n pur z an unwoṛntd ste upn ɖ dvîn wil v ɖ inviẓbl hand.

Fr 40 yirz or so, niolibṛlizm in ɖ YC hz bn unćalinɉbl. Fr ɖ Cnsrṿtivz, ispeṣ́li ɖoz popyletñ ɖ cuṛnt cabiṇt, ɖ dogma canot b śecn bî mir evidns v harm, īvn ẃn ɖs includz ɖ desttyśn v miłnz n ɖ c’laps v Rʈ sistmz. Fr Lebr, it sets bǎnḍriz ɖt canot b crost, fr fir v puniśmnt bî ɖ biłnerpres. Az ǎr poḷtics hz trnd frɖr n frɖr twdz niolibṛlizm’z gliṭrñ srṭntiz, eni dīvieśn fṛm ɖ doctrin z acin t blasfmi. Bt ɖ cuntriz in ẃć ɖ îdioḷji hz bn most firsli aplaid r ɖoz ɖt hv sìn ɖ stīpist dclînz in bʈ ɖer ic̣nomic n sivic prospects.

Niolibṛlizm promist ɖt it wd jeṇret groʈ. Ɖ beṇfits v ɖs groʈ wd tricl fṛm ɖ rić t ɖ pur, inhansñ evrwn’z cndiśnz v lîf. Bt groʈ, fr betr or wrs, hz bn slowr gloḅli jrñ ɖ niolibṛl ira ɖn jrñ ɖ yirz bfr Ʈaćr, Regn n ɖer mni iṃtetrz cem t pǎr. N it hz bn oṿẃlmñli capćrd bî ɖ vri rić. Far fṛm enśurñ ɖt muni triclz dǎn, niolibṛlizm z ɖ pump ɖt śifts wlʈ fṛm ɖ pur t ɖ rić.

In ɖ YS, fr xampl, jrñ ɖ 1960z n rli 1970z, ɖ gretist beṇfiṣ́riz v ic̣nomic groʈ wr ɖ purist 20%. Bt fṛm 1980 onẉdz, ɖ prosīdz v groʈ wr trnsfŕd fṛm ɖ purist ppl t ɖ ultṛrić. Mīdịn incm in ɖ YS rouz at jst wn-ʈrd v ɖ ret v GDP groʈ, ẃl ɖ incm v ɖ rićist 1% rouz at ʈri tîmz ɖ ret. Bî cmparisn t ɖ prīniolibṛl trend, ɖ botm 90% lost $47tn btwn 1975 n 2018. Btwn 1990 n 2020, ɖ wlʈ v YS biłnerz, ajustd fr infleśn, incrist rufli twelvfold. Ɖr’z a similr stori in ɖ YC. V ɖ purist 10% v hǎsholdz, olmst haf nǎ hv mor déts ɖn asets.

Nn v ɖs z axdntl. Niolibṛlizm z sold t s az a mīnz v inhansñ frīdm n ćôs, bt in riaḷti it’s abt pǎr. It śifts tax n reğleśn fṛm ɖoz hu r rić n pǎrfl on t ppl hu r pur n wìc. Ɖ taxz ɖ wlʈi wns peid hv bn trnsfŕd t ɖoz wɖ far smōlr rzorsz.

Lc at Trus’z pṛpozl fr adresñ ɖ eṇjibilz crîsis. Instd v taxñ ɖ record profits v ôl n gas cumṗniz, ś’z yzñ ɖ taxz ɖ rest v s pe t alǎ ɖm t cīp rêcñ in monstṛs sumz. Īvn ɖs poḷsi, prizntd az a mīnz v hlpñ pur ppl wɖ ɖer bilz, wl, ẃn cmbînd wɖ ɖ ny cuts in naśnl inśuṛns, enśur ɖt ɖ rićist hǎsholdz rsiv twîs az mć hlp wɖ ɖer livñcosts az ɖ purist hǎsholdz.

Ɖ “plan fr groʈ” on ẃć Trus campend wz pyr niolibṛl gospl: “cut taxz nǎ, unśacl biznis fṛm brdnsm reğleśn, implimnt s’plîsîd rform … criet ny, lo-tax, lo-reğleśn ‘invstmntzonz’”. Hr ci advîzrz r drwn fṛm covrtli fundd niolibṛl ʈnctancs. Ś wl g az far az ilectṛl poḷtics alǎ in trnsfŕñ wlʈ fṛm ɖ pur t ɖ rić, atacñ tredyńnz n pṛtstrz, oṗnñ ɖ fludgets fr p’lūśn n grīnhǎs gasz n dsmemḅrñ ɖ NHS. Olrdi, hr guvnmnt hz flotd pṛpozlz t scrap Ñgḷnd’z anti-obiṣti meźrz n t rmuv ɖ cap on bancrz’ boṇsz, ɖ prṗs v ẃć z t dscurij ɖ reclis gamblz ɖt cōzd ɖ last fînanśl craś.

Aftr 40 yirz v ɖs xperimnt, w cn stet wɖ confidns ɖt ɖ ic̣nomic s’xes it pṛclemd z iluẓri. Its bai-nǎ-pe-lêtr īc̣nomics wrcs bî infletñ asetvalyz n hǎsholḑét n brnñ ʈru hymn rleśnśps, cndiśnz v implômnt n ɖ livñ wrld. Nǎ ɖt ɖr z litl mor t brn, Marġrit Ʈaćr’z fîr z rdyst t embrz, az z mć v ɖ wrld w ń. Yt Trus sīcs onli t briɖ lîf intu ɖ colz. N ɖs z ẃn it gts riyli denjṛs.

Az niolibṛlizm wejz wor on sośl s’kṛti n ɖ public sectr, impovṛśz miłnz n dstrôz cndiśnz v implômnt, its p’liticl consiqnsz cd b az dzastṛs az its ic̣nomic consiqnsz. In ɖ 30 yirz folowñ ɖ secnd wrldwor, olmst evrwn in poḷtics rec̣gnîzd ɖt privntñ ɖ rsrjns v fasizm mnt enśurñ evrwn’z nīdz wr met, ʈru a stroñ sośl seftinet n r’bust public srṿsz. Bt niolibṛlizm stript ɖz dfnsz awe, ẃl śutñ dǎn ćôs in ɖ nem v ćôs. Ʈaćr pṛclemd “ɖr z no oltrṇtiv” n Lebr apirz, evr sins, t hv agrìd. Wrs stl, ɖ dogma hz at ɖ sem tîm pṛmotd xtrim slf-inṭrest n īgosentriṣti. At its hart z a maʈ̇maticli imposbl promis: evrwn cn b Nu 1.

In ɖ gap btwn gret xpcteśnz n lo dlivri, hymilieśn n rzntmnt gro. In ɖz cndiśnz, it z īzi fr deṃgogz t blem ɖ fṛstreśn v ppl’z hops on scepgǒts: wimin, asîḷmsīcrz, Mŭzlimz, Juz, blac n brǎn ppl, dsebld ppl, LGBTQ ppl, yńnz, ɖ left, pṛtstrz. Hisṭri śoz ɖt ẃn p’liticl ćôs z lacñ n ppl si no prospect v rlif, ɖe bcm hîli ssptbl t ɖ transfr v blem. Ɖ transfr – atacñ refyjīz n f’mntñ culćrworz – z olrdi wel undr we. Trus’z tecnīcs v dstrax́n opn ɖ dor t fasizm. I no longr fînd it imposbl t si ɖ faŗît swormñ intu ɖ poḷsi vakm left bî Cnsrṿtiv indifṛns n Lebr tmidti, n tecñ pǎr in ɖs cuntri.

W nīd riyl, inspîrñ oltrṇtivz, poẓtiv viźnz v a betr wrld, rɖr ɖn cmpitñ modiḟceśnz v ɖ dzastṛs îdioḷji ɖt got s intu ɖs mes. W nīd hop.

Instroduction to Ñspel

19/09/2022

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