The weight of history ways heavy on British Prime Minister Mr David Cameron shoulders. And so it should, as 2012 the Olympic year which initially promised so much joy, could prove to be the most turbulent one since 1973 for the United Kingdom (UK) and potentially the whole global economy.
In the year the movie, “The Iron Lady”, brings back into focus some of the lesser social and economic achievements of his eminent
- Oh Hello, any ideas how we resolve our very British Economic Problems Picture © New Statesman
predecessor, Margaret Thatcher, (i.e. policies allowing erosion of the manufacturing base, monetarist experimentation that sacrificed communities for individual rather than collective gain, and the elevation of profit over principle as core UK companies were sold without consultation and key others¹) it is ironic that David Cameron, supported by his “cabinet of coalition millionaires” now finds himself in the invidious position of having to unravel, and solve…