Friday, March 7, 2008
From the Socialist Courier blog:
Spare a tear for the plight of this luckless billionaire:
"One of the world's richest men is selling his £40 million house in London's "Billionaires' Row" after Barratt Homes was granted permission to build flats next door. Lakshmi Mittal led the opposition of his well-heeled neighbours when the house builder applied for permission to put up an apartment block in The Bishops Avenue, Hampstead. However, the plans were approved and now, even though the luxury flats are being marketed at between £4 million and £11 million each, Mr Mittal has put his stately pile, Summer Palace, on the market." (Daily Telegraph, 29 February)
Imagine the indignity of having to share your street with people who can only afford a £4 million house. It doesn't bear thinking about. Our sympathy goes out to the poor ill-treated man.
What's capitalism, again?
In "What is Capitalism?" (Socialist Standard, December 2000), you claimed it would be impossible to support the world's present population in an economy of self-employed small producers. You warned of the danger that anti-capitalists would be diverted by the "small is beautiful" strand in Green and anarchist thinking.