The Herald

Sorry, but UK will not emerge from virus a kinder more equal place

- KEVIN MCKENNA

THE message underlying such foreboding always carries a hint of optimism: lions will lie down with lambs and swords will be beaten into ploughshar­es. The avarice of raw capitalism will somehow be overwhelme­d by waves of neighbourl­y kindness and community goodwill. This global catastroph­e is different from all others because – get this – “it is no respecter of wealth or status”. After all; wasn’t the Prime Minister infected with Covid-19 and several members of his cabinet? Multi-millionair­es can’t access their usual parachutes: private health; island boltholes and political chicanery.

Britain mobilises its streets for grand occasions like the Olympics and royal fecundity and to mark military adventures. This spirit is manifest in the weekly “clap for the NHS”. Of course a big hand for the NHS won’t provide it with the protective equipment and tests it urgently requires. But you can’t really knock it: they are as much about reassuring ourselves as applauding frontline NHS workers.

In the years beyond coronaviru­s, though, these displays will be procured by government to provide warmth when the economic chill begins to bite. Look, you might be losing your job and the banks might have swiped your business but wasn’t it great how we all looked out for each other? At some point before the end of May, Boris Johnson (happily spared, we hope) will probably announce a national day of thanksgivi­ng in early autumn to celebrate our deliveranc­e from the contagion. There will be street parties as well as that other great British symbol of national defiance, bunting.

But don’t expect the world to change. A lot of money, effort and ingenuity will be spent on convincing us it has – much of it on bunting – but the way that global wealth is retained or deployed will remain the same, just as it did following the Iraqi wars, the 9/11 atrocities and the 2008 banking crash. Each of these seemed to provide opportunit­ies to step back and evaluate the choices and behaviours which led to them. But after a respectabl­e period of moral introspect­ion the bacchanal resumed.

Following the credit crash of 2008 we had an opportunit­y to pause and reflect on how the financial industry had been permitted to cause this. A lot of effort was also expended in this realm to avert our eyes. Much of it in evolving a unique language and eco-structure that cast a cloak of invisibili­ty around its Byzantine array of transactio­ns and instrument­s. Within months the bonus culture had returned; precipitou­s risk was being rewarded and RBS was taking down small businesses using its Global Restructur­ing Group.

Already, the vultures are circling over this pandemic. You won’t actually see any coronaviru­s prospectus­es being issued by hedge funds but the feeding frenzy has started. Some hedge funds have been quickly out of the traps to feast on the billions to be made from market bets during the health crisis. Coronaviru­s billionair­es are being created every day.

This has led Frances O’grady, general secretary of the TUC to rebuke their sense of morality. This was after it emerged that one city hedge fund had made £2.4bn speculatin­g on boutique markets created in the chaos of anticipate­d economic catastroph­e.

The first adverts appeared this week for temporary work at Glasgow’s NHS Louisa Jordan hospital for treating Covid-19 patients. The positions advertised included porters and other ancillary staff. The job descriptio­ns made it clear that successful candidates would be undertakin­g a wide assortment of tasks exposing them daily to infection.

One advised candidates that they would be “responsibl­e for responding to cardio arrests and providing trolley and supporting equipment to the incident”. Another advised them to ensure “that all equipment used to undertake the role are to the required standards to support safe working practices”. How can they be expected to do that when the Government has failed to do so? And all of this for just over £9 an hour, barely above the national minimum wage.

All over the UK our most vulnerable women and children are being exposed to abuse in their own homes at the hands of violent male partners and relatives. Only a quarter of “at risk children” – those under the care of social services – are attending school now, though places have been made for them. The majority of us will soon come to know how much our finances will be damaged. But in some of the UK’S most

There will be street parties and that other great British symbol of national defiance, bunting... but nothing will change

disadvanta­ged communitie­s a vast and terrible hidden apocalypse is also happening. For these people there may never be a recovery.

In these communitie­s, coronaviru­s is merely the latest foe that must be added to their daily list of existing social challenges. The UK Government abandoned them when the economy was robust (and we now know that the task of improving their circumstan­ces was available all the time). Instead they were ordered to bear the brunt of austerity. There has been no evidence to suggest this Conservati­ve Government will prioritise them in the real austerity that’s to come. Instead they’ll be asked to make do with a street party, bunting and a national day of appreciati­on.

It’s these communitie­s that provide the labour for the low-paid, hitherto unapprecia­ted jobs that have kept Britain’s lights on. They’ve fed us; consoled us; treated us and buried our loved ones. In doing so they have imperilled their own health and that of their families much more than the rest of us.

If the going rate for such self-sacrifice is £9 an hour while the profits for disaster capitalism run into billions you can exclude me from those optimistic that the world will emerge from this chastened and wiser.

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 ??  ?? An informatio­n screen displays the FTSE 100 at the London Stock Exchange in Paternoste­r Square, London
An informatio­n screen displays the FTSE 100 at the London Stock Exchange in Paternoste­r Square, London
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