Wednesday Jul 26, 2023

The Bankers Go Woke (Say it carefully)

We open our episode with the encouraging thought that the UK’s free speech woes repeatedly drive us back to hear and be inspired by the voice (and music!) of past genius. Then the big news item of the week is the FSU’s ‘de-banking’ victory. As many listeners already know, the government will now be tightening up the Payment Services Regulations to make it impossible for banks and payment processors to cancel people’s accounts just because they disagree with their perfectly lawful political belief. During our conversation, we focus on the elements of this very public discussion that have most intrigued us. Why do some commentators seem unable to appreciate the threat that de-banking represents to all UK citizens across the political spectrum? Ben introduces the idea of cognitive decoupling, which may go some way to explain the alternative reactions. The principle of Chesterton’s Fence is another helpful tool with which to interpret some of the more disastrous applications of woke ideology. As we wonder whether all this de-banking publicity will lead to a retreat or advance of woke ideology, we touch on Lord Frost’s recent article in the Telegraph that describes an ominous new state ideology.  

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