SYSTEMS POWER ● LONG READ
POWER / WEALTH / ATTENTION

CRY ME A RIVER

Forty Years of Being Told Who Wants Your Cookie

πŸͺ

Britain has spent decades arguing about the crumbs. From Thatcherism and Murdoch to β€œwealth creators”, β€œbenefit scroungers” and the algorithmic outrage machine, the same question keeps disappearing: while we’re being told to watch the person with half a cookie, who owns the fucking bakery?

ROOM POWER
SUBJECT ATTENTION
PERIOD 1979β€”2026
FORM LONG READ
THE COOKIE

There is a political cartoon that explains an uncomfortable amount about modern Britain.

Three people sit at a table.

One has a mountain of cookies.

One has a cookie.

The other has almost nothing.

The person with the mountain turns to the person with one cookie, points across the table and says:

β€œ

Careful. That bloke wants your cookie.

That’s the trick.

And once you see it, you start seeing it everywhere.

Britain in 2026 is remarkably good at arguing about the crumbs.

We scrutinise benefits. Migrants. Public-sector pensions. Striking workers. Trade unions. Employment rights. People on low incomes receiving support. Somebody somewhere getting something we’re told they haven’t earned.

Then VAT is applied to private-school fees and suddenly Britain discovers the struggling wealthy.

Talk about taxing substantial inheritances and newspapers discover ordinary families merely trying to pass something on.

Increase employment costs and businesses warn about redundancies, recruitment freezes and higher prices.

Regulate landlords and we’re warned they’ll flee the market.

Question another enormous executive remuneration package and somebody explains the international market for talent.

Everybody, apparently, is struggling.

Everybody is being squeezed.

Everybody is being punished.

Except the person with one cookie.

They need to work harder.

CRY ME A RIVER.
BEFORE THE 1980s

AN OLD TRICK WITH NEW MACHINERY.

Before Rupert Murdoch enters the story, something needs saying.

He didn’t invent this.

Margaret Thatcher didn’t invent it.

Ronald Reagan didn’t invent it.

Facebook didn’t invent it.

Elon Musk didn’t invent it.

History repeatedly shows societies taking genuine economic anxiety and attaching it to a convenient human target.

The target changes with the century.

FOREIGNERS IMMIGRANTS RELIGIOUS MINORITIES THE UNEMPLOYED TRADE UNIONISTS BUREAUCRATS INTELLECTUALS THE POOR THE ESTABLISHMENT THE OUTSIDER

Sometimes the grievance is legitimate.

Sometimes the institution being criticised genuinely does possess power. Sometimes governments really have failed. Sometimes migration, taxation, welfare, regulation or labour markets genuinely require difficult debate.

That’s precisely why the trick works.

It doesn’t always invent a problem from nothing.

It takes something enormously complicated and gives it one emotionally satisfying explanation.

YOUR WAGES AREN’T GROWING? LOOK OVER THERE.
YOU CAN’T AFFORD A HOUSE? LOOK OVER THERE.
PUBLIC SERVICES ARE FAILING? LOOK OVER THERE.
FRIGHTENED ABOUT THE FUTURE? WE KNOW WHO TO BLAME.

It is considerably easier than explaining housing policy, productivity, taxation, deindustrialisation, demographics, labour markets, financialisation, globalisation and forty years of political choices.

And considerably more useful to anyone who would rather you didn’t look upwards.

The mechanism is old.

What changed around the 1980s was the economic environment in which it operated.

Editorial illustration of 1980s Britain using the cookie metaphor, with Rupert Murdoch represented alongside an accumulating pile of cookies while attention is directed towards ordinary people.
01 / 03
1980s THE ECONOMIC SHIFT.
01 β€” THE SHIFT. Britain changes the economic settlement. The pile begins to grow. The finger points sideways.
1979 β†’ 1980s

THE SETTLEMENT CHANGED.

By the end of the 1970s, the post-war economic settlement was under enormous strain.

Britain had experienced inflation, industrial conflict and repeated economic crises.

Then came Thatcher.

Across the Atlantic came Reagan.

Thatcherism and Reaganism weren’t identical, and pretending everything before them worked beautifully would make for a very convenient history.

It would also be nonsense.

But together they represented part of a broader ideological transformation.

MARKETS PRIVATISATION DEREGULATION LOWER TAXATION REDUCED UNION POWER COMPETITION INDIVIDUAL OWNERSHIP

There were reasons this appealed.

Millions bought homes. People acquired shares. Businesses were created. Parts of an exhausted economic model were challenged.

But underneath the language of freedom and ownership, something else was happening.

THE DEEPER TRANSFER RISK WAS MOVING.

From institutions towards individuals.

From employers towards employees.

From the state towards households.

And that change matters enormously.

INDIVIDUALISATION

YOUR PENSION. YOUR RISK.

Look at pensions.

The American 401(k) became one of the clearest symbols of this wider shift, although Britain’s pension system developed differently.

Under a traditional defined-benefit occupational pension, an employer promises an outcome according to the rules of the scheme.

Work here. Meet the conditions. Reach retirement. Receive an income related to salary and service.

The institution carries much of the investment and longevity risk.

Defined-contribution provision changes that relationship.

01 YOUR POT.
02 YOUR CONTRIBUTIONS.
03 YOUR RETURNS.
04 YOUR RETIREMENT.

Increasingly: your risk.

Britain experienced its own long-term movement away from defined-benefit pensions across much of the private sector towards defined-contribution provision.

But pensions weren’t alone.

Housing increasingly became an asset.

Education increasingly became an individual investment.

Employment became more flexible.

Utilities became markets.

Public assets became private businesses.

The citizen increasingly became a consumer expected to navigate a portfolio of personal risks.

Personal responsibility is not inherently a bad thing.

But it works rather differently depending on how many cookies you started with.

Editorial illustration representing Rupert Murdoch's expanded media power by the 1990s and 2000s, with a larger pile of cookies and British newspaper imagery surrounding him.
02 / 03
1990s β†’ 2000s THE STORY AROUND THE SYSTEM.
02 β€” THE STORY. The economic settlement now has a language, a mythology and a media machine capable of repeating it.
MEDIA / POWER

THEN CAME THE STORY.

Economic systems don’t sustain themselves through spreadsheets.

They need stories.

They need language.

They need heroes and villains.

They need explanations for success and failure.

And this is where Rupert Murdoch becomes impossible to ignore.

Murdoch didn’t invent Thatcherism.

He didn’t single-handedly create modern Britain.

Nor did everybody who bought one of his newspapers obediently absorb its politics.

That’s a cartoon version of media influence.

The reality is subtler.

Over decades Murdoch built an extraordinary international media empire spanning Australia, Britain and the United States.

In Britain, his newspaper interests came to include The Sun, The Times, The Sunday Times and News of the World before its closure.

These papers weren’t merely passive observers of politics.

Politicians courted proprietors and editors. Governments cared about endorsements. Front pages could transform complicated subjects into national controversies.

And across the wider political culture a particular vocabulary became extremely familiar.

WEALTH CREATORS TAX BURDEN RED TAPE BENEFIT DEPENDENCY MILITANT UNIONS POLITICAL CORRECTNESS HARD-WORKING FAMILIES FLEXIBLE LABOUR ASPIRATION
β€œ

Eventually you stop hearing the argument contained inside the language. It simply sounds like reality.

SAME MONEY / DIFFERENT STORY

WHO DESERVES YOUR SYMPATHY?

Listen to how Britain describes money depending upon who wants it.

A WORKER WANTS MORE MONEY. INFLATIONARY.
AN EXECUTIVE WANTS MORE MONEY. ATTRACTING TALENT.
A HOUSEHOLD RECEIVES SUPPORT. DEPENDENCY.
A CORPORATION RECEIVES SUPPORT. INVESTMENT.
A UNION DEFENDS ITS MEMBERS. MILITANCY.
A BOARD DEFENDS SHAREHOLDERS. RESPONSIBILITY.

None of those descriptions is automatically false.

That’s what makes this interesting.

The question is why one set of interests so often acquired sympathetic economic language while another acquired moral language.

One side encounters market conditions.

The other makes bad choices.

One experiences headwinds.

The other should have worked harder.

RECYCLED ENEMIES

THE CONVERSATION THAT NEVER QUITE DIES.

I’ve written about another version of this before.

Britain has an extraordinary ability to recycle political tropes long after the circumstances that produced them have changed.

GEORGE SOROS THE BBC GLOBALISTS CULTURAL MARXISM METROPOLITAN ELITES LEFTY LAWYERS WOKE UNIVERSITIES UNELECTED BUREAUCRATS MILITANT UNIONS THE LIBERAL ESTABLISHMENT

These terms come from different periods and political traditions, but they can perform a remarkably similar function.

They give enormous, complicated systems a villain.

Again, nuance matters.

George Soros funds political causes. The BBC is a powerful institution and deserves scrutiny. Judges exercise power. Universities have institutional cultures. Civil servants influence how governments function.

There is nothing conspiratorial about investigating power.

The problem comes when investigation becomes mythology.

When Soros stops being a wealthy political donor and becomes a universal explanation for unrelated political events.

When one objectionable BBC decision becomes evidence of a secret ideological project.

When an inconvenient judicial ruling proves that democracy itself has supposedly been captured.

And history matters here.

Some conspiratorial portrayals of Soros overlap with much older antisemitic myths about hidden Jewish financiers manipulating governments and nations.

That doesn’t mean criticism of Soros is inherently antisemitic.

It means understanding the history of a trope matters before casually recycling it.

THE NAMES CHANGE. THE TECHNOLOGY CHANGES. THE STORY SURVIVES.
FRAMING

β€œSOCIALIST LABOUR.”

Few phrases demonstrate the power of framing better.

Britain can reach a point where relatively conventional arguments about taxation, employment rights and public provision inside an overwhelmingly capitalist economy quickly acquire the word socialist.

TAX PRIVATE EDUCATION? SOCIALISM.
STRENGTHEN EMPLOYMENT RIGHTS? SOCIALISM.
INCREASE PARTICULAR TAXES? SOCIALISM.
REGULATE LANDLORDS? SOCIALISM.

Yet governments intervene elsewhere constantly.

They subsidise industries. Guarantee contracts. Protect banks during systemic crises. Underwrite infrastructure. Protect intellectual property. Enforce property rights. Offer investment incentives.

Those interventions aren’t automatically wrong either.

The revealing part is that we have different words for intervention depending upon who receives it.

β€œ

Money moving downwards can become dependency. Money moving upwards can become growth.

Protection for workers becomes inflexibility.

Protection for capital becomes confidence.

That’s not simply economics.

That’s storytelling.

ADVANTAGE / HARDSHIP

CRY ME A RIVER.

Which brings us neatly to private schools.

There are parents who make substantial sacrifices to pay school fees.

Some children have particular educational needs. Some independent schools operate on narrow margins. Policy changes have consequences.

All true.

Now zoom out.

Most British children attend state schools.

Britain has spent years discussing teacher shortages, SEND provision, deteriorating buildings, overstretched councils and funding pressures.

Apply VAT to private-school fees and substantial political attention suddenly focuses on hardship experienced by households purchasing an educational option unavailable to most families.

Those families are perfectly entitled to dislike paying more.

That’s not the interesting question.

THE QUESTION WHY DOES LOSING PART OF AN EXISTING ADVANTAGE SO EASILY BECOME A STORY OF VICTIMHOOD, WHILE NEVER POSSESSING THAT ADVANTAGE IS TREATED AS ORDINARY LIFE?

Cry me a river.

THE CORPORATE COOKIE

THEN THERE ARE THE COMPANIES.

Businesses have genuine costs.

ENERGY BORROWING MATERIALS WAGES NATIONAL INSURANCE PROPERTY REGULATION

A small hospitality business and a multinational corporation obviously don’t have identical economics.

Some businesses genuinely cannot absorb another increase in costs.

But listen to the language when large organisations announce cuts.

CHALLENGING CONDITIONS COST PRESSURES EFFICIENCY PROGRAMME DIFFICULT DECISIONS RESTRUCTURING HEADWINDS

Then look at where the difficult decision lands.

RECRUITMENT FREEZES REDUCED HOURS OUTSOURCING AUTOMATION REDUNDANCIES WAGE RESTRAINT

Sometimes those measures are unavoidable.

Sometimes they occur alongside healthy profits, dividends, share buybacks or substantial executive remuneration.

That doesn’t automatically prove the cuts were unnecessary.

It raises a different question.

β€œ

When everybody supposedly has to sacrifice, why does sacrifice have such an extraordinary ability to find the people with the fewest cookies?

That’s where the next article goes deeper.

National Insurance. Wages. Productivity. Corporate margins. Housing costs. Cheap labour. Investment. The actual mechanism underneath the rhetoric.

This article is about the story.

The next one is about what happens when the numbers stop working.

Editorial illustration representing the modern algorithmic attention economy, with Elon Musk, smartphones and social feeds while ordinary people argue over small differences and a vast pile of cookies remains in the background.
03 / 03
2020s THE MACHINE LEARNS YOU.
03 β€” THE FEED. The front page becomes personal. The distraction becomes continuous.
ATTENTION / 24 HOURS A DAY

FROM MURDOCH TO THE ALGORITHM.

Then the machinery changed again.

The internet arrived.

Newspaper circulation declined.

Facebook arrived.

Twitter arrived.

YouTube arrived.

TikTok arrived.

Elon Musk bought Twitter and renamed it X.

The gatekeepers changed.

But the cookie trick didn’t disappear.

In some ways, technology perfected it.

THEN CONTROL
THE FRONT PAGE.
One message to millions.
NOW CONTROL
THE FEED.
A different message for each of us.

A newspaper editor could help decide what millions of readers might be angry about tomorrow morning.

A recommendation system can learn what makes you stop scrolling and offer another version of it seconds later.

That’s a different kind of power.

And somewhere in this transition Britain became simultaneously more informed, more connected and, in a strange sense, more docile.

Not docile because people stopped being angry.

Quite the opposite.

WE CAN BE ANGRY ALL DAY NOW.

Angry at a stranger on X.

Angry at a TikTok clip.

Angry about a migrant.

Angry about a cyclist.

Angry about a landlord.

Angry about a renter.

Angry about Brexit.

Angry about Remain.

Angry about woke.

Angry about anti-woke.

Furious. Constantly.

And yet an apparently rebellious population can become remarkably politically docile if its anger is permanently fragmented into thousands of tiny lateral battles.

ANGER β‰  POWER DISTRACTION CAN FEEL LIKE PARTICIPATION.

We scroll.

We react.

We post.

We argue.

We feel politically engaged because we’re permanently politically stimulated.

But stimulation isn’t agency.

Reaction isn’t power.

A public can be furious and still remarkably easy to govern.

Especially when everybody is furious with the person sitting beside them.

β€œ

The newspaper said: look over there. The algorithm learns exactly where you like looking.

1979 β†’ 2026

FORTY YEARS OF LOOKING SIDEWAYS.

After Thatcher.

After Reagan.

After Blair.

After the financial crisis.

After austerity.

After Brexit.

After the pandemic.

After decades of rising property wealth for some and deteriorating affordability for others.

After social media turned political argument into a permanent background condition.

Still arguing about cookies.

YOUNG / OLD WORKER / MIGRANT PRIVATE / PUBLIC HOMEOWNER / RENTER CLAIMANT / TAXPAYER GRADUATE / NON-GRADUATE NORTH / SOUTH LEAVE / REMAIN LEFT / RIGHT

Pick a tribe.

Find an enemy.

Point across the table.

The tragedy isn’t that these groups have no legitimate disagreements.

Of course they do.

The tragedy is how rarely the argument proceeds to the next question.

STOP. WHO DESIGNED THE TABLE?
THE DISTINCTION

THIS ISN’T AN ARGUMENT AGAINST SUCCESS.

This isn’t an argument against becoming wealthy.

It isn’t an argument against business.

It isn’t an argument against landlords.

It isn’t an argument against private education.

It isn’t an argument that immigration, welfare, taxation, unions or public-sector spending should somehow escape scrutiny.

Quite the opposite.

SCRUTINISE EVERYTHING.

Just apply the same standard upwards.

If improperly claimed benefits deserve investigation, so does questionable corporate expenditure.

If a worker’s pay rise must be justified by productivity, ask what justified the executive’s.

If government support creates dependency when given to households, ask what repeated support creates when given to industries.

If workers must accept market discipline when times are bad, shareholders cannot simultaneously expect insulation from every adverse market condition.

And if capitalism means accepting risk, risk cannot permanently belong to everybody except capital.

THAT ISN’T RADICAL. IT’S ASKING THE FUCKING OBVIOUS QUESTION.
THE ONLY HABIT THAT MATTERS

COUNT THE COOKIES.

Maybe Britain doesn’t need another ideology.

Maybe it needs a very simple habit.

Whenever somebody tells you who is responsible for your economic problems, count the cookies first.

HOW MUCH MONEY ARE WE ACTUALLY TALKING ABOUT? WHO OWNS WHAT? WHO GAINED? WHO LOST? WHO CARRIES THE RISK? WHO RECEIVES THE RETURN? WHO IS BEING ASKED TO SACRIFICE? WHO IS TELLING YOU WHERE TO LOOK?

History teaches us that the mechanism isn’t new.

Thatcherism didn’t invent it.

Reaganism didn’t invent it.

Murdoch didn’t invent it.

Social media didn’t invent it.

They’re chapters in a much older story about wealth, fear, power and attention.

The genius of the cookie trick is that the person with one cookie can become absolutely furious with the person who has half.

And for as long as those two are fighting, neither asks why somebody else owns the bakery.

DON’T LOOK WHERE THEY’RE POINTING. LOOK AT THE TABLE. COUNT THE COOKIES. ASK WHO OWNS THE FUCKING BAKERY.

Then decide who really deserves your sympathy.

CRY ME A RIVER. πŸͺ