Home > Uncategorized > Thatcher’s Part in The City’s Decline to a Cesspit

Thatcher’s Part in The City’s Decline to a Cesspit

Snobbery In The UK

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The City, home of Temple Bar and abode of Rothschild’s The Crown, has an outrageously interesting history. Don’t get me started…

1979…a prestigious, top-performing Grammar School and ‘A’ level exams. In the midst of it all was the small matter of a General Election and a woman for the first time set to become Prime Minister.

I hated her for her politics, but even more for her artifice and -to me at least- blatant insincerity. Her appearance and accent had been polished and cultivated, and she possessed stunningly bigoted opinions. Everything about her made me go..yukkkk!

Our school year’s worst performing 1977 ‘O’ level candidates had, typically, secured 7 or 8 passes at grade B or C. The school encouraged such academic ‘lightweights’ (everything is relative) -who the school considered might struggle to pass ‘A’ level at grade C or above (and so obtain Uni places)- to take up places in the City. Many Old Boys held powerful positions in the City and the school tie guaranteed our 1977 school leavers highly-paid work in those City firms.

The School didn’t want these types in the 6th form, for they would likely drag down average ‘A’level scores and fail to secure scholarships/places at Oxbridge, to become the nation’s future lawyers, doctors, politicians.

Off they went to the City then, and whilst we worked, pennies in our pockets, towards our places amongst the dreamy and lofty spires, these City boys -distinctly our ‘inferiors’- flashed copious rolls of cash. Even their buying-drinks generosity to us hard-up 6th formers was sneered at by us as a largesse prompted by common ostentation.

These ‘no-hopers’, the School’s losers, had the cash now and with it a big improvement in the physical qualities of the girls who suddenly stood in their company. We, their ‘superiors’, sneered at all of it. We had much better ahead for us….cash does not bestow class.

Ahead of us in their introduction to the raw, unedited realities of the adult world of work, they told us about the City moralities, the cheekiness, the minor stitch-ups. City life, it was clear, was not a world of innocence, sweetness and light, but neither was it degenerate or malicious. It all sounded quite a lot like school. You could take someone for a bit of a ride, but certainly not go too far. That was considered ‘not cricket’, a poor show, and it displayed a great deal about the unhealthy core personality of those who were inclined to overdo the naughtiness. The City didn’t tolerate it. Perhaps those in charge in those City firms had the good sense to realize that those who went too vigorously for the kill could not be trusted. A bit of sport was all ok, but there was no need to tear your victim to shreds. (Poor business, anyway- tearing prey to shreds is a single event, far better to feed continuously on smaller amounts) Those traders, brokers who were caught engaging in anything deemed unacceptable or excessive were swiftly booted out. A certain degree of dignity and integrity had to (be seen to) be underpinning the whole system.

In May 1979, Thatcher made it to Number 10. (Have you ever seen the St. Francis of Assisi speech?…see what I mean?! …Yukkkk!)

With it, new opportunity in the City was expanded beyond the ‘lowly’-performing Grammar School boys, who -well-trained in respect for hierarchy and abiding by the codes- had traditionally taken up new City positions. All of a sudden, under Thatcher’s ‘greed is good and should not be contained’, secondary modern boys -yes, the future market-stall traders and dodgy patio salesmen and layers- were invited to stake a claim for serious cash amounts in City jobs. No-one realized it at the time, we all just mocked these spivvy non-Grammar-educated kids who had no historical (educational) right to find employment in the City.

Secondary modern school types had not been brought up like Grammar School boys. We heard the stories of secondary modern school life. Brutal. Undisciplined thugs. No respect for authority or the rules. They talked and chewed gum in class, opposed teachers who tried to assert control…sometimes they attacked their teachers! Many were uncontrolled, uncontrollable savages, angry, emotionally unrestrained at worst, blatantly deceitful gift-of-the-gab merchants at best. And Thatcher had opened the door to the City to these types. The world was standing on its head. Calamity, guaranteed calamity, lay ahead.

We removed ourselves all the more determinedly from having anything to do with that place, the City. It was doomed. No-one with any decency or integrity would ever want to admit they worked or harboured desires to work in such a place with such people.

It looks to me like even those who have run the whole unworthy show from there for Centuries have decided that the stench has become just so bad that they have no choice but to expose the corruption, collapse (again) the edifice, and move on to pastures new…

 

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