In her time, Margaret Thatcher reformed the UK economy along the US lines: denationalising, cutting social spending and, most importantly, making the financial sector the most important source of revenue.
The special relationship mentality has finally backfired. The perceived commonality with the Trans-Atlantic Big Brother made Britain forget that it is not in the big boys league any more. Apart from the very obvious difference in economy scale, the US has a vast production base, which, sadly, on its own soil the UK has chosen to let die.
As a result, America has been able to absorb the credit crunch shock with a bailout that amounted to a hefty quarter of its GDP. For the UK, however the price was close to its whole annual GDP.
I have never seen a more chaotic, overblown and utterly clueless bureaucracy as here in the UK and I have lived in Russia and Thailand. Trying to get anything done each time reminds me of a trip through Alice's Wonderland where I get to meet most grotesque creatures who tell me most senseless things and never fail to send me the wrong direction.
I really wonder how it all has come to this as in Victorian times a few thousands of British bureaucrats were running a global empire efficiently and with a sumptuous profit. In the India Office, a handful of public officers were managing a giant, overwhelmingly diverse state 10 times as big as Britain itself and without the help of any fancy office equipment.
I reckon that the downfall of the British administrative tradition happened during WWII when wartime ministries and state control were blown out of any proportion under the premises of "war needs". That monstrous labyrinthine system still lives on in the form of the British welfare state together with its legacy of a direly faulty management model.
I was surprised to find out that there has been no research of how the British Empire was run in its heyday. That alone would have provided an invaluable lesson to this glorious nation that is suffocating under the burden of its ineffectual government.
Why socialism is failing in Great Britain?
Socialism is all about regulations. The nation's mentality should be naturally inclined towards bureaucratic excellence. National attitude and ways of organising things will manifest itself multiplied manifold in how the administrative system is put together.
Socialism can succeed only ion countries with the natural knack for planning, mostly Northern Europe and France. In the USSR socialism has grown into an oppressive dictatorship as the country had always been such.
The British with their Anglo-Saxon love of liberty and individual freedom , shun central authority. They were the first nation to curb monarch's rights with the Magna Carta. Good socialism requires a good central planning authority and that would go against the grain in Britain. That is why the welfare state in this country is in such a horrendous shambles.
The M25, London's Ring Road is the country's most closed highway. In the first eight moths of 2009 it was closed more than 1700 times amounting to about 5000 hours. Wouldn't it be easier just to shut it altogether and build something more viable next to it?
Last month, in a bid to protect London's miserably failed financial industry, Boris Johnson flew to Brussels to stop the EU from introducing new hedge funds regulations. Hiscauuse has just found itself strong supporters: the Church of England's commissioners who include the Archbishop of Canterbury Rowan Williams. That comes as little surprise as the "'divine institution"has 4.4 billion pounds invested in hedge funds. Any comment would be superfluous.
It is curious to observe how people only expect to get something in a relationship - be it a casual sex fling or something more lasting. Although lasting here is quite an overstatement. It is doomed to come to a quick (or a long and painful) end, if all you hope is to gratify yourself.
The secret to success, as always, lies on the surface. If both partners take care to learn and satify the other party's needs, then it will be a prefect symbiosis. For example, if in sex both partners work hard to give maximum pleasure to it all will be starry sky and fireworks. The opposite of it will end up in masturbation into a live person.
You also get to learn to much from learning about the other, whilst staying focussed just on yourself will get you nowhere.
Tracey Emin, the artist that shot prominence after her drunk appearance on Channel 4 in 1997, said she would quit the UK for France because of the proposed tax hike on high earners.
Emin is behind such profoundly meaningful and innovative pieces as My Bed (an unmade bed decorated with body secretions, used condoms and dirty underwear) and Everyone I Have Ever Slept With 1963–1995 (a tent appliquéd with the names of all people the artist has been in bed with).
Emin hopes that French government will be more of receptive of her creative talents and we hope they will teach her to make her bed in France.