The crisis in the NHS is overwhelming this week. It has reminded me of conversations I had with my late father on how to manage within the state sector. I think they're worth sharing.

My father worked for the nationalised electricity industry from the late 1940s to late 1980s. He spent much of that time as a fairly senior engineer. He was committed to what he did. He believed electricity supply was a human right. And he sought to delver it.
He left the industry and retired when he realised that privatisation challenged what the believed in. The priority was no longer supply. It was, instead, profit. He had a clear example of the difference this made. It was about emergency management.
In his day the state electricity boards ensured that they had all the capacity they needed to manage emergencies to keep supply going as well as possible, come what may. It meant there was excess capacity. But it wasn't wasted - maintenance and training was done instead.
Privatisation saw that excess as waste, and it went. It was assumed contracts could buy in support when needed. My father believed that was dangerous - because when demand was strongest the most inexperienced people would be put to work on the job.
We can see the same logic now in the NHS. Instead of having capacity to deal with an emergency a decade of cuts have delivered a survive reduced to the most basic level possible. And what we've seen is that outsourcing cannot make up the slack. And that is dangerous.
The NHS is now being overwhelmed. Coronavirus was predictable - and predicted. What was also predictable was that an NHS with reduced beds, staff, equipment and even training because of a lack of slack to let it happen would not be able to cope. And that's happening.
People are going to die now, because of a failed management ideology - that lower cost is always best when what is at stake is the supply of essential public services. So, some questions are appropriate.
Were the tax cuts to big business and the well off worth the deaths we are now seeing from coronavirus?
Was the goal of a balanced budget worth having people die for?
Could we have done better by committing to a universally high standard of basic public services - supplied by an integrated NHS?
Will we learn the lesson now and provide a properly resourced, staffed and trained NHS in the future?
Are people still going to have to die in pursuit of an economic dogma that puts profit before people, and cutting government spending above people's lives?
This is not the time to delay asking these questions. This is the time to ask them. Now is when we have to decide. We need commitment to care, not commitment to cutting deficits, and we need it now. It's time for politicians to deliver that, now.

More from Richard Murphy

There is a growing and numbing realisation of just how bad Sunak's budget really was. Worse, he’s even now saying that there is nothing he can do about poverty. This is a long thread to explain why he’s failing and what we can do about it if we want to change our politics.

For those who don’t want to read a long Twitter thread there is a blog version here.
https://t.co/AuTdAr1f1n if you want a summary of the whole thread it’s this: the neoliberal thinking that all our main political parties subscribe to is now bankrupt. We need something new now.

Sunak faced a challenge this week. A winning Chancellor has to decide how to secure the support their party needs to win elections. In that case there will always be winners and losers in a budget. So Sunak had to make decisions.

However, it’s fair to say that decisions are always constrained. No budget has, I suspect, ever delivered precisely the policies any Chancellor has really wanted. That’s because all politicians are fantasists and reality has to be addressed as well in any budget.

The overwhelming realities that Sunak needed to address yesterday were really not hard to spot. First, there was the real economic chaos created by shortages in the economy. These are the result of Covid, Brexit and now war, but which heavily pre-dated the last.

More from Government

How does a government put a legislation on 'hold'? Is there any constitutional mechanism for the executive to 'pause' a validly passed legislation? Genuine Koshan.


So a committee of 'wise men/women' selected by the SC will stand in judgement over the law passed by


Here is the thing - a law can be stayed based on usual methods, it can be held unconstitutional based on violation of the Constitution. There is no shortcut to this based on the say so of even a large number of people, merely because they are loud.


Tomorrow can all the income tax payers also gather up at whichever maidan and ask for repealing the income tax law? It hurts us and we can protest quite loudly.

How can a law be stayed or over-turned based on the nuisance value of the protestors? It is anarchy to allow that.
The People's Twitter.
And it would definitely not selectively censor unfashionable opinions if it were run by a government bureaucracy.
Because public sector bodies only ever maximise The Common Good.
Could even call it The International Common Good Association, just to make sure


"I don't like the fact that Twitter is so subservient to the woke elites. Let's create a massive state regulator, so that the woke elites, which have a stranglehold on most institutions... oh no, wait..."

(I mean, he's not entirely wrong. His solution may be rubbish, but there is an issue here. Twitter really does have a substantial amount of market power.
Still: There are people who I just will not ever side with, even when they have a point. And that includes Communitarians.)

As far as I can see, there are no good solutions here.
5 years ago, I would have said "Lol, Twitter is just a private company, like any other. The Guardian wouldn't publish anything by me, but that's not "censorship". They're just not letting me use their platform."
However...

...Twitter really does benefit from substantial network effects. We are on Twitter, because everyone else is also on Twitter. You can set up a rival platform, but that would be like being the only person who has a telephone: not very useful, because there's no one you can call.

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#24hrstartup recap and analysis

What a weekend celebrating makers looks like.

A thread

👇Read on

Let's start with a crazy view of what @ProductHunt looked like on Sunday

Download image and upload

A top 7 with:
https://t.co/6gBjO6jXtB @Booligoosh
https://t.co/fwfKbQha57 @stephsmithio
https://t.co/LsSRNV9Jrf @anthilemoon
https://t.co/Fts7T8Un5M @J_Tabansi
Spotify Ctrl @shahroozme
https://t.co/37EoJAXEeG @kossnocorp
https://t.co/fMawYGlnro

If you want some top picks, see @deadcoder0904's thread,

We were going to have a go at doing this, but he nailed it.

It also comes with voting links 🖐so go do your


Over the following days the 24hr startup crew had more than their fair share of launches

Lots of variety: web, bots, extensions and even native apps

eg. @jordibruin with
A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
Great article from @AsheSchow. I lived thru the 'Satanic Panic' of the 1980's/early 1990's asking myself "Has eveyrbody lost their GODDAMN MINDS?!"


The 3 big things that made the 1980's/early 1990's surreal for me.

1) Satanic Panic - satanism in the day cares ahhhh!

2) "Repressed memory" syndrome

3) Facilitated Communication [FC]

All 3 led to massive abuse.

"Therapists" -and I use the term to describe these quacks loosely - would hypnotize people & convince they they were 'reliving' past memories of Mom & Dad killing babies in Satanic rituals in the basement while they were growing up.

Other 'therapists' would badger kids until they invented stories about watching alligators eat babies dropped into a lake from a hot air balloon. Kids would deny anything happened for hours until the therapist 'broke through' and 'found' the 'truth'.

FC was a movement that started with the claim severely handicapped individuals were able to 'type' legible sentences & communicate if a 'helper' guided their hands over a keyboard.