With total student debts in the U.K reaching a staggering
£18 billion, the threat to our education by privatisation has never been greater. The result has been that the responsibility for higher
education has been handed down, like a cursed heirloom, from government to
university, to family, the buck finally stopping at the student. This means
that students going to university today will pay three times as much as they
would have done a decade ago.
The bourgeois economists are incapable of understanding
crises, which are an inescapable result of capitalism. They look for subjective
factors such as "confidence", even "human nature". In reality what we are
witnessing are the real workings of the capitalist system in a period of
people have been killed in Myanmar (Burma) as the military try and hold back
the wave of protest. But pressure is building up on the regime. Whether it will
clamp down firmly or move in the direction of negotiations depends on the power
of the movement in the coming days.
The recent chaos on world stock markets is a
manifestation of the general turbulence that is the most prominent feature of
the present epoch. The crisis that affected the Northern Rock bank in Britain
is but an indication of dramatic
events that are being prepared globally.