In Britain there is a children’s party game called Pass the Parcel,
in which a parcel is handed from one child to another, with a layer of wrapping
being removed by each child. Western governments seem to be engaged in a variation
called Pass the Blame Parcel with regard to their financial difficulties. In
this game the parcel is transferred from the Lehman brothers to the wider US
financial markets to the European banks, to the Euro, to Iceland, Spain, Greece,
Germany, Britain, China, etc etc. All the while it seems that the real issue is
being overlooked – that, by aggressive policies of privatisation, successive
governments have acceded the real power to market-driven corporations who
represent their shareholders, not the electorate. In the space of about 25
years, Western democracy has become a farce, with even more politicians reduced
to the level of ventriloquist’s dummies. Which is precisely why the Occupy protests are so important
and mustn’t be allowed to evaporate.
PS The UK faction of Blame Game is nicely described in today's Observer (ref).
PS The UK faction of Blame Game is nicely described in today's Observer (ref).
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