Posts under ‘Earnings’

Video: How to change the post-crash economy

by Newsdesk.

Hosted at the RSA by the Centre for Labour and Social Studies (Class) and Verso books, an expert panel including Costas Lapavitsas – professor of economics at SOAS, Paul Mason, Culture and Digital editor, Channel 4 News; Mariana Mazzucato, RM Phillips professor in the Economics of Innovation at Sussex University; and Seumas Milne, Guardian columnist […]

Time for the low inequality, high performance alternative from Labour

by Bryan Gould.

There is no novelty is arguing, as George Osborne does, that there is no alternative to his destructive and divisive policies of austerity – TINA was, after all, the Thatcherite catch-cry and as misleading in her day as it is today. But it is surely stretching credulity too far to suggest, as John Harris did […]

How PM Matteo Renzi’s ‘Jobs Act’ will sink Italy

by Tom Gill.

Italy’s new PM, Matteo Renzi, has pledged to slash the country’s record unemployment with his American-branded ‘Jobs Act’. But his labour reforms, which will see short term job contracts extended for up to 3 years, are more of the same medicine applied since the turn of the 1990s that have been such bad news for […]

Grant Shapps: four times asked to back Maria Miller and four times declines

by Jon Lansman.

Support for Maria Miller within the Tory party is disappearing fast. Take the Tory Chair, Grant Shapps for example. Interviewed this morning by John Pienaar on BBC Radio 5 Live (available for 7 days here, with quote below starting at 12:50), Shapps was asked four times whether he backed Maria Miller, whom Michael Meacher called […]

Britain needs a pay rise

by Grahame Morris.

We are now in the second week of the Fair Pay Fortnight which is raising awareness about Britain’s cost of living crisis. Upon taking office in 2010, the Coalition Government promised to “make work pay”. However, those in work have seen an assault on their living standards, with full time UK workers earning on average […]

Unequal wealth in the UK – the best illustration ever

by Jon Lansman.

A truly excellent video – which will take up less than 3 minutes of your life – about inequality as British people think it is and should be, and how much worse it really is. From the good people at Inequality Briefing. Very well done to them. Hat tip: Socialist Unity. This video is essentially […]

Spare a penny for the rich, they’re down to their last million

by Michael Meacher.

A scene that brought tears to one’s eyes was seeing Lords Lawson and Lamont, both previous Chancellors, going on to the Today programme just before the budget to make a last-ditch plea for those who were really suffering in this era of austerity. No, it wasn’t for the 4 million working but not even being […]

Fast Facts: Gender social inequality and austerity in Europe

by Tom Gill.

Europe’s austerity fetish and longer term neo-liberal reforms promoted by Big Business, Governments and the EU Commission hurt women disproportionately. Here’s a few facts to illustrate the point. Europe wide  The gender pay gap is around 16% It ranges from more than a quarter (27%) in Estonia to around a fiftieth (2%) in Slovenia. The latest figures […]

Hungry for fast food rights

by Ian Hodson.

An upsurge of protests and strikes by fast food workers burst through at the end of 2013 in cities across the US, where more than half of the industry’s 3.65 million workers rely on benefits to top up their income, and 68 percent are the main breadwinner in their household. Fast food workers in New York City […]

The ultra-rich hold us to ransom again

by Michael Meacher.

Greed is good, or at least that’s what the bankers and CEOs of the biggest companies think. What is surprising is not their avaricious self-interest and total indifference to everyone else, but the blatancy with which they flaunt it. As their leader so movingly put it, they’re all in it together – the CEOs of […]

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