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 […]
Posts Tagged ‘Fairness’
Another unmentionable word in the Queen’s Speech: wealth
May 10th, 2012 by Michael Meacher.Apart from assuring us that the government’s main objective was economic stability – the stability of the graveyard it seems in this government’s case – the only other significant things in the Queen’s Speech were what it didn’t contain, not anything it did contain. Nothing about housebuilding, an infrastructure bank, reviving manufacturing, boosting capital investment, […]
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Who are the super-rich beneficiaries from this Budget?
Mar 25th, 2012 by Michael Meacher.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 […]
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All the nastiest Tory prejudices you’ve always detested will be in this Budget
Mar 19th, 2012 by Michael Meacher.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.
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Who are the rich that Osborne is pandering to?
Mar 19th, 2012 by Michael Meacher.To give a tax break to people on more than £150,000 a year when the rest of the population, and above all the bottom half, are on the rack for a decade of austerity takes some doing. It shows more acidly than anything else could the sheer psychopathic mania of the ruling Tory elite for […]
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Tax cuts for the rich, benefit cuts & eviction for the poor
Mar 17th, 2012 by Michael Meacher.If Osborne wanted to be as provocative as possible (which he probably does, to appease the Tory right, his future backers for the leadership), he could hardly put together a more incendiary mix than cutting tax rates for the ultra-rich in the budget and then, 2 weeks later, impose swingeing cuts on some of the […]
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50p income tax? The rich should count their blessings
Mar 16th, 2012 by David Osler.Of course the 50p top rate of income is more important for its symbolism than its efficacy. The free market right should stop griping and thank their lucky stars that the last Labour government lacked the political courage required to reintroduce genuinely progressive taxation. If only they would count their blessings instead of counting their […]
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Better to be a banker than on workfare if you do something wrong
Mar 4th, 2012 by Michael Meacher.Penalties, as the current bonus season reveals all too clearly, are still a matter of class. If you’re a young person 16-24 on a work experience programme promoted as ‘voluntary’, and you drop out even for good reason, you stood to lose two weeks’ benefit (until the government was forced to back down by public […]
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The changing moral case for capitalism
Feb 23rd, 2012 by David Osler.There is a moral case for capitalism that currently goes unheard, and David Cameron can make it most effectively by ensuring that the lowest paid see their pay pushed down even further. Oh, and greater numbers of people should work for highly profitable companies for absolutely nothing. Statements like that on a leftwing website sound […]
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It’s not just bankers, it’s lawyers too
Feb 7th, 2012 by Michael Meacher.While bankers remain hate figure no.1, it is important to recognise that many other top occupations have joined the Gadarene charge to the trough. And it’s not just the board members and chief executives of the mega-corporations, who had a 49% increase in remuneration last year when the income of the bottom tenth rose just […]
