The next 20 scandals. So you won’t be shocked1 Many prison officers are complicit in the supply of drugs within prisons. How else do I reconcile what’s common knowledge — that drug use is rife in prison — with the almost abusive security checks I’ve undergone when I visits friends in prison? Among the reasons for these checks must sometimes be the protection of a monopoly.
2 Nothing like a real competitive market exists among banks or energy suppliers. They are classic cartels, robbing their customers.
3 Many sporting records that still stand — and not just in cycling — have been fuelled by performance-enhancing drugs. Have you noticed the plateauing or even dropping off of many winning times, including in my own former sport of long-distance running? This is because of anti-drug enforcement. There will be more and much bigger stories here than have yet been told.
4 Insider trading. It’s absolutely endemic. In many spheres and all sorts of ways within the financial world, nothing even approaching a free, fair or open market exists. The protection and enhancement of entrenched advantage is, to a far greater degree than capitalist competition, the key dynamic in many markets.
5 The stock exchange has all but lost its original purpose — the financing of new business — and become a turbo-charged, non-stop poker school for a huge, wealthy, essentially unproductive and largely parasitic class. Unfortunately for my argument, Britain makes a lot of money from this...