The City of London

The City of London, known as the “Sacred Square Mile,” is the religious centre of Britain. Here, the Shard and Gherkin, proud Cathedrals of the god,  “Markets” stand as concrete and glass representations of a deity that can neither be seen, nor touched, nor heard, yet decides everything. They nestle beside the ancient temples of the Bank of England and the Stock Exchange, and tower above the sepulchre of the old religion, St Paul’s Cathedral (now a museum).

From Monday to Friday The City throngs with the comings and goings of various religious sects; the bankers, brokers and traders; the soothsayers and hedgers of futures. At weekends Markets rests and the Square Mile falls largely silent, yet The City never really sleeps. Its pavements and roads are worn down from the constant visits of Politicians seeking favours from Markets, meeting with their favoured priests sometimes called Cronies, or examining the answers to their prayers known as holdings or dividends. And should any politician’s faith lapse, even if only for a moment, the City sends out its evangelists, called lobbyists who remind them of the power and will of Markets.

For years the City called upon the people to give up their old ways of manufacturing and producing, in favour of services. All was well for a while and the people thrived. But the doctrine of light-regulation was abused by the priests of the City, who indulged in sins of miss-selling, rate-rigging and money-laundering. Markets was displeased and brought down twin plagues of debt and deficit. The priests called on the people for sacrifices known as bail-outs, and the Politicians decreed an age of fasting and Austerity to appease Markets. And a great darkness fell over the land – though the City still thrives.

Paul Emanuelli

You can read more of Paul’s splendid writing here and his blog is here.

^At least they’re happy

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One Response to The City of London

  1. Pingback: London | Crap Towns

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