“For the past two centuries and more, life in Britain has been governed by a simple concept: tomorrow will be better than today. Black August has given us a glimpse of a dystopia, one in which the financial markets buckle and the cities burn. Like Scrooge, we have been shown what might be to come unless we change our ways.

There were glimmers of hope amid last week’s despair. Neighbourhoods rallied round in the face of the looting. The Muslim community in Birmingham showed incredible dignity after three young men were mown down by a car and killed during the riots. It was chastening to see consumerism laid bare. We have seen the future and we know it sucks. All of which is cause for cautious optimism – provided the right lessons are drawn.

Lesson number one is that the financial and social causes are linked. Lesson number two is that what links the City banker and the looter is the lack of restraint, the absence of boundaries to bad behaviour. Lesson number three is that we ignore this at our peril.”

We’ve been warned: the system is ready to blow | Business | The Guardian.

“Aside from the sheer mindless ferocity and violence, one of the most depressing aspects of the protracted smashup was the nature of the looting: time and again, shops selling trainers or gadgets were targeted first. Fancy shoes and electric widgets mark the peak of ambition. Every looter was effectively a child chanting: “Give me my toys, I want more toys. Look at the prick captured on video mugging the injured Malaysian student. Watch his unearned swagger as he walks away; the size of a man, yet he overdoes that swagger like a performing toddler. That’s an idiot who never grew up.”

Charlie Brooker: How to prevent more riots | Comment is free | The Guardian.