The Power and Money elites will never ever accept to not keep getting “more cake”, so when the Economy doesn’t grow anymore, they switch from capturing pretty much the entirety of Economic Growth to Pillaging the existing wealth in the rest of society.
So the Economy has become more and more one of rent-seeking (which, thanks to increased indebtness, has expanded to such an extreme level that it is effectivelly taking existing wealth away from the people who own the least money-producing assets, who are mostly the younger generations and the working class) and less and less one of value adding activities, plus the share that the rest of Society (read: mainly workers) gets from the wealth still created has fallen so Consumption keeps falling.
All of this just makes the Economy grow even less (all that extra money for the wealthy ends up as Investments, which in turn end up as more Production, not Consumption, and as even that has stopped delivering any returns more and more of that money ends up in speculative assets, hence the various bubbles, from Realestate to Crypto and AI) so there is more and more overt Pillaging, which comes with more Authoritarianism in the form of Civil Society Surveillance and Forceful Suppression of Civil Society Movements to keep the victims from changing the system than enables and supports that Pillaging, and similarly with the Press (even those parts of it which had an image of independence) becoming even more intenselly Propagandistic than they were before.
Add to this the notion that the extreme Far Right in Britain (i.e. Reform) are the paid for political puppets of the ultra-rich (hence why the billionaire owned newspapers all support them) and almost all of the shit going on in the UK right now is explainable as pieces of a broad policy of keeping the elites in power and stopping the civil society from effectivelly challenging those power structures (by spotting them early via surveillance and cracking down hard on even the most peacefull challanges against the dictatums of those in power).
The Power and Money elites will never ever accept to not keep getting “more cake”, so when the Economy doesn’t grow anymore, they switch from capturing pretty much the entirety of Economic Growth to Pillaging the existing wealth in the rest of society.
So the Economy has become more and more one of rent-seeking (which, thanks to increased indebtness, has expanded to such an extreme level that it is effectivelly taking existing wealth away from the people who own the least money-producing assets, who are mostly the younger generations and the working class) and less and less one of value adding activities, plus the share that the rest of Society (read: mainly workers) gets from the wealth still created has fallen so Consumption keeps falling.
All of this just makes the Economy grow even less (all that extra money for the wealthy ends up as Investments, which in turn end up as more Production, not Consumption, and as even that has stopped delivering any returns more and more of that money ends up in speculative assets, hence the various bubbles, from Realestate to Crypto and AI) so there is more and more overt Pillaging, which comes with more Authoritarianism in the form of Civil Society Surveillance and Forceful Suppression of Civil Society Movements to keep the victims from changing the system than enables and supports that Pillaging, and similarly with the Press (even those parts of it which had an image of independence) becoming even more intenselly Propagandistic than they were before.
Add to this the notion that the extreme Far Right in Britain (i.e. Reform) are the paid for political puppets of the ultra-rich (hence why the billionaire owned newspapers all support them) and almost all of the shit going on in the UK right now is explainable as pieces of a broad policy of keeping the elites in power and stopping the civil society from effectivelly challenging those power structures (by spotting them early via surveillance and cracking down hard on even the most peacefull challanges against the dictatums of those in power).