‘Act of Parliament’
Shift//Delete, Intervention on Gherkin building, London, 2013
The Gherkin’ building stands on London’s skyline as a symbol of financial power in the UK. Located inside a corporate tax haven known as ‘the Square Mile’, with its own special laws, hundreds of billions of pounds flow through it tax free whilst the rest of us suffer an age of austerity. Parliament has given these bankers nearly £500 billion pounds of public money due to the financial crisis and right now the same bankers enjoy £14 billion worth of bonuses a year for their actions.
Parliament does nothing to challenge the bankers. Parliament has been captured – and seeks to constantly gratify the City of London and the financial capitalism it promotes. It is stockholm syndrome, and they cannot escape.
Lasers are now being employed by financial organisations to send financial transaction data across huge expanses of land to shave nanoseconds of time, increasing profits.
Here we have usurped their own technology against them, and in response to Parliament’s failures, have turned the Gherkin into the worlds tallest dick – a 180m high erection for deregulation, global capitalism and the fetishisation of profit over everything.
- Shift//Delete, servicing the banking sector since 2011.
- Time Out