Posts Tagged ‘Inequality’

Obama imposing $300bn levy on banks & hyper-rich: how about UK?

by Michael Meacher.

It is remarkable that in the citadel of capitalism Obama has just unveiled a plan to impose a levy on the biggest banks and on the wealthiest families that is expected to raise $300bn, yet in Europe any such idea is taboo. In the US the new tax is being crafted to affect only the […]

Tories revert to their age-old policy of stopping the poor breeding

by Michael Meacher.

Occasionally the mask slips and the truth becomes clear. We had already been told that the Tories planned to limit child benefit to the first two children because it would save money. Then IDS (Iain Duncan Smith) let the cat out of the bag: he said it would promote “behavioural change”. This element in the […]

Is Thatcherite ideology working?

by Jon Lansman.

In a general election a great number of things will be said, but only a few or even one really matters and that will determine who wins. This 2015 election is in effect a referendum on Thatcherite ideology. Here is what Labour should be saying, but isn’t. Point 1: For 35 years since 1980 the […]

Russell Brand v the Sun: long may the war continue

by Phil Burton-Cartledge.

When I was poor and I complained about inequality, people said I was bitter. Now I’m rich and I complain about inequality, they say I’m a hypocrite. I’m beginning to think they just don’t want inequality on the agenda because it is a real problem that needs to be addressed.” Normally something to pin on […]

Inequality is booming – top pay needs a ceiling

by Michael Meacher.

This is an abridged version of the speech Michael Meacher made to the House of Commons on Thursday calling on the Government to set guideline targets for remuneration which over time reduce the ratio between top and bottom incomes in large organisations to no more than 50 to 1. The excesses of extreme inequality are increasingly […]

The economy, the state and my crisis of faith

by Daniel McAteer.

Last week I had a crisis of faith in Labour. Looking at the Scottish polling, it looks as if Labour’s journey back to government may be longer and harder than we thought. Yet that is not what caused my questions to synchronise into a cacophony of doubt. My worries are for what happens if we do get […]

Britain is the only G7 country where inequality has got worse this century

by Michael Meacher.

The amount of UK wealth controlled by the richest 10% in the population increased to 54.1% this year, a rise from 51.5% in 2000, according to the annual Credit Suisse global wealth report. Most of this rise has actually occurred since the financial crash since in 2007 their share of wealth was 52%. They have […]

Labour should make inhumanity of Tories a key electoral issue

by Michael Meacher.

The Tory government’s decision to withdraw from the search and rescue missions in the Mediterranean where tens of thousands of refugees are fleeing their war-savaged homelands is an act of pitiless inhumanity. Already this year alone some 25,000 people have arrived in Italy, and similar numbers from Eritrea, with thousands more from Iraq, Nigeria and […]

Things Labour needs to do to beat UKIP #2: raise pay and cap the cost of living

by Jon Lansman.

Whilst Ed Balls stuck stubbornly to accepting that the economy was now growing rather than “flatlining“, with his disastrous conclusion that you couldn’t fund spending by borrowing in the up-swing, Ed Miliband was absolutely right last year to focus on the cost of living. “The first and last test of economic policy is whether living standards for […]

Labour needs a shadow Minister specifically to tackle inequality

by Michael Meacher.

The gravy train rolls on reaching ever more sickening heights of greed, selfish gratification and disregard for the ever deeper miasma of poverty that disfigures our country. The latest figures show that the richest 10% of the UK population, who already owned 52% of UK wealth just before the 2008 crash, have become significantly richer […]

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