Posts tagged with: Mass impoverishment

A Non-Solution to the Wrong Problems

Introduction Before looking in detail at this Budget, it is worth reminding ourselves that the economy is the system we as a country have chosen to put in place to optimise the production and distribution of valuable goods and services for the benefit of our population. There is a wide array of choices open to […]

A Renewed Assault on Our Human Rights

One good thing Truss did in her brief tenure as Prime Minister was to shelve plans to ‘reform’ the UK’s system of human rights. Under Sunak and Raab, the government is bringing back its much-criticised Bill of Rights. As the Law Society (a group traditionally at least small-C conservative in its disposition) remarked: “We are […]

Why We Can’t Afford to Ignore Wealth Inequality

  We are used to inequality. There is inequality of height, weight, shoe size, intelligence – in fact every human characteristic you can think of. But most of these characteristics follow a normal distribution, which looks (at least roughly) like a bell-shaped curve. Here, for example, is the way that height is distributed.   Only […]

Beyond Extreme

Since 2012, Cameron, May, Johnson, Truss have all been at the helm of the Conservative Party. By the standards of the UK’s other major parties, of course, they are all very right-wing. But how far right are they by traditional Conservative standards? From the perspective of traditional Conservatism, this government is dangerously extreme: Johnson’s government […]

The “Creative” Destruction of the UK

Last week, we wrote about Truss and Kwarteng’s Budget that “It is very clear that this Budget does not produce the change in direction the country needs; it is a dangerous doubling-down on the failed policies of the past, without even an attempt to safeguard most UK citizens.” Just one week later, that summary seems […]

A Budget that Says the Quiet Part Out Loud

  The Conservative Party have now been in power in the UK for 12 years. Over that time huge economic and social problems have emerged. It is clear that the UK needs a change in direction. And this is what Truss and Kwarteng promised. They have now shown very clearly how they intend to tackle […]

Trussed-up

  The UK faces multiple interconnected crises. In the medium term, we are suffering from mass impoverishment, failing public services and a climate emergency. In the short term, very acutely, the cost-of-living crisis threatens many people and businesses with costs they cannot bear – recent inflation, caused to a large degree by the rise in […]

What Was the Alternative?

Since 2010, the UK economy has been shaped by three critical government decisions: Austerity, Brexit and COVID. We have previously argued that the government mishandled all three (see Austerity, Brexit, COVID – an ABC of Economic Mismanagement). Now even the former Chancellor and would-be Prime Minister, Rishi Sunak, has admitted that the UK faces a […]

Back to the 1970s

In recent years, many people have come to feel that the economy is just not working for them. In fact, median wages are lower today than they were in 2007 – a period of mass impoverishment not seen since the 1820s. And now we have a cost-of-living crisis brought on by rising inflation. There are […]

How Many Shades of Gray?

Photo leaked to ITV News Within two days of the publication of this article, Johnson responded to the risk it highlighted – of him being forced to resign for breaching his Ministerial Code – by rewriting the Code so that it has no teeth. There is no longer any serious penalty, even in principle, for […]

Join the members of the 99% movement in creating a fairer future.

We will not contact you without your permission. If you want to receive weekly or monthly updates, be sure to tick the box.

We will not sell or give your details to any other organisation without your express permission.