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Global elite descend on East London for Olympics
►http://www.wsws.org/articles/2012/jul2012/olym-j27.shtml
By Paul Stuart
27 July 2012
The Royal Dock complex, adjacent to London’s financial district at Canary Wharf, is hosting up to one hundred super yachts, including twenty of the world’s most opulent, as the Olympic Games begin.
Its transformation into a Monaco-style marina playground for the super rich is a telling rebuttal to all the official rhetoric about the “peoples’ games.”
East London’s Royal Docks, including the Royal Albert Dock, the Royal Victoria Dock and the King George V Dock, was once a centre of industry and trade employing hundreds of thousands of workers.