28 June 2011

Supply & demand

A small duathalon this sunny morning, with a 20 minute run followed by a 10 mile cycle trip to the dentist, so plenty of time to mull over some basic principles of economics.
David Cameron has agreed with Premier Wen Jiabao of China that the UK will supply some expensive consumer flim-flam to meet the demands of the burgeoning Chinese bourgeoisie. At the same time, in response to the demand that he doesn’t make a fuss about human rights, Cameron was supplied with 2 giant pandas.
Meanwhile, a report in today’s Independent shows that for every job vacancy in the UK for university graduates there are, on average, 83 applicants. Simultaneously, amongst the smoke & mirrors of the government’s re-modelling of universities, is another stage in their mission to privatise the entire UK society - the introduction of degree courses run by private companies. No doubt Tesco and Ikea are already working at it. A future of “3 degrees for the price of 2” and flat-pack DIY doctorates awaits us, if not to help the graduates to find employment, then at least to give them value for money in the new marketised world.

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