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Neoliberalism and the Grenfell Tower disaster

June 19, 2017

Phil Ebersole's Blog

If British reports are to be believed, the Grenfell Tower inferno in central London might have been averted for a cost of a mere $6,000 — or a little more than $100 for each of the 58 unfortunates who, on the best estimate available this weekend, perished in the disaster.

According to the London Daily Mail, when the tower was recently renovated, builders opted for a cladding material so inappropriate that it is rated “flammable” in Germany and its use in tall buildings in even lightly regulated America is banned.  The attraction was a saving of a mere 10 percent.  On the Mail’s numbers, that added up to a total saving compared to a safe material of £5,000 — equal to a little more than $6,000.

Such is the dystopia that deregulation, British-style, has wrought — a dystopia whose excesses are now finally coming to be widely recognized by…

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