We are constantly being told that 2014 is the centenary of the start of the First World War, but rather less – or indeed nothing at all – is being made of the fact that this year is also the 70th anniversary of the establishment of the IMF and World Bank. That is more than […]
Posts Tagged ‘Equality’
The best antidote I have seen to the annual Sunday Times Rich List! A beautiful film illustration of the realities of wealth inequality. And in order to eliminate inequality, we don’t have to change the distribution to what most people regard as the ideal. We only have to change it to what people think it […]
Yesterday Parliament debated the 50p tax cut for those earning (or paying themselves) more than £150,000 a year, or £3,000 a week, all the way up to the chief executives of the FTSE-100 companies whose remuneration package today averages £4,80,000 a year, which works out at £93,300 a week. The Tories are in favour, and it’s […]
Equality and religous freedom. Two fundamental rights, belief in which we share, at least in principle, with the Tory party. Maria Miller, Culture Secretary and minister for equalities, may well have our sympathy, then, in urging the Church of England to think again on women bishops. Some MPs, of all major parties, led by former […]
Real personal disposable income is arguably the most important index of economic welfare. When families’ disposable income is going up, even if by only a little, there is broad, even if only minimal, contentment. But when it starts to go down, especially if the trend continues to go down for any significant length of time, […]
There can be no doubt that the nation’s revulsion against awarding a £10,000 tax break to the top 1% of earners and no less than a £40,000 tax cut to 14,000 millionaires was dramatically sharpened by the fact that it was funded by depriving 4.5 million pensioners of £83 a week. But even if that […]
No doubt Osborne will never dare use his infamous phrase again “We’re all in it together”. If it was ever true, it was only till the rich wanted out, and as we now see in the run-up to this budget, that was almost immediately as soon as it had the slightest adverse impact on themselves.