Are we in Britian already living in a soviet economy?

The state controlled the soviet economy in what economists call a command economy. A command economy is a planned economy where all commerce is owned by the state and prices are set by the state, i.e. an economy which is uncompetitive.

In today's Britain a large proportion of of commerce is conducted by large corporations. Smaller firms are bought up by larger ones. Take the local newspaper firm for example. It's no longer local because one corporation bought most of the local newspaper companies in Britain, so local just in name, not substance.

Now here is why I think it is soviet. The shareholders of the firms are themselves investment funds, which obtain money to purchase these small competitive companies with money from pension funds. Like all the other corporations, the pension funds are huge.

So it is when we ask who controls the pension funds we hear it is the state, but indirectly. To understand this you have to first of all separate out what something is by designation and start to identify what something is by the way it functions.

 In Britain we are heading to a two tier class system. The middle class is being eradicated (i.e. the ones who own the means of production as Marx put it) and so we revert to a more 18th century model where we have the elite and the peasant. The elite are selected in schools and by birthright. If you make it to Oxford it opens up two main doors for you. One is politics, like you could become the future prime minister, and the other one is banking and pension funds. I'm deliberately being a bit fuzzy here, because what I'm talking about is high finance, the institutions who create the corporations and manage them from pension money, which is supplied by similar corporations. If we drew a circle around all of these activities, even the PR role, we have this virtual state. A little observation reveals that the biographies of the main politicians in Westminster nearly always included prior to being in politics, being in PR, corporate finance or law after studying at Oxford.