BASHING BANKERS – why the BBC does it
Britain’s State broadcaster, the BBC, appears to be on a campaign to demonise well paid bankers. For weeks now, every morning, on its propaganda show (The Today Programme) it mentions them disapprovingly.
It is not hard to understand why. State officials do not want us to blame excessive public spending for the mess we’re in. (It should not surprise us that the BBC’s public-sector journalists rarely if ever mention that State spending is so incontinent that the country is sinking further into debt at a rate of about £14 billion a month. To the public sector 'cuts' are always the problem. Never too much spending.).
Bankers are useful scapegoats, and vilifying them helps to fan the dying embers of the old class struggle, which provides the excuse for State intervention. (Of course, to the nit-picking old Marxists among us, the story doesn’t quite fit. As Dominic Lawson points out, people who work in banks, no matter what their salary, are not capitalists. They are well paid employees. But let’s not split hairs).
This Banker-Bashing, class-struggle stuff is failing to convince listeners. After a BBC official called James Naughtie repeatedly berated an obviously talented banker called Stephen Hester, the BBC received numerous emails from listeners coming to the defence of the banker.
What the listeners know, and what the BBC would rather we didn’t, is that the nature of class struggle has changed. In the old days, socialists told us that the ‘bosses’ were fleecing the workers. But when working people today look in their wage packet and discover, to their dismay, that almost half the money has gone (more than half if you include VAT), they know it isn’t ‘the bosses’, or a few well paid bankers who have taken it. It’s the State. Socialism has been reduced to robbing workers in the private sector to keep the middle-class public-sector gravy train rolling.
There is a new class conflict. Beleaguered, productive tax-producers in the private sector, are lined up against legions of parasitic tax-consumers in the public sector. The BBC is not an impartial voice in this great struggle.