The Other Side of the Coin: Reading the Politics of the 2008 Financial Tsunami

In the spring of 2009, long months after the September 2008 financial tsunami had begun its destructive journey around the financial machineries of the global system, the governing party of the United Kingdom, one of two countries whose financial centres had precipitated all the trouble, is still in place, notwithstanding the almost audible sound of a population tapping its collective foot as it awaits an electoral opportunity to wreak a measure of revenge. But the electorate is condemned to wait upon the convenience of the government and administrative machineries that are responsible for the debacle. This seems unreasonable. One might ask how is this possible and what—speculatively—could happen to improve matters; that is, one can ask how the elite's insulating machineries might be reduced in order to bring them more routinely within the reach of the judgements of the electorate.