Thursday 16 October 2014

World Inequality Day

On the day, millions are blogging about equality; here are my thoughts.
The elite thrive on inequality; they always have. These people don't know what it's like to work, but not have enough money for heating and food. Yet, if they spent just a little; it would make things better.
The UK changed in the 1980's; up until then, you could, if you chose to, be in a household with one wage because you could afford it. The Thatcher government changed all that. There will be those who remember the British Gas, the water companies,  the Electricity Boards being sold off - to whom? Hedge funds mostly for massive profits. Then of course, the council house selling; but not being able to reinvest. Housing bubble created in the 1980's meaning negative equity for many when the market fell.
Of course, there was also the idea the UK could be a service economy, when any economics textbook will tell you that a balanced economy is a thrd each of agriculture,  manufacturing and service. However,  this was the start of the money is God society; comedians made fun, "loadsamoney" was the catchphrase,  talk was of how much property had gone up, adverts telling you that you had to have the latest gadget. Communities decimated by the closure of mines, factories were the first victims; but all the government of the day would say was "Get on your bike"! Of course, there weren't that many cars, so they split all integrated transport up.outside London and in order to be able to get to work; you needed a car, especially if you lived outside the metropolitan areas.
The last new Labour government started the minimum wage, but  didn't repeal any of the anti-union laws; began PFI in the NHS and continued the inequality.
It is time for the inequality to end, fair wages and equal pay for work if equal value would enable this country to prosper. I wonder if any of the current political parties have the will to make it happen?

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