Tuesday, May 17, 2011

UK’s huge wealth gap can and should be corrected.

This article of mine appears in today's First Post.

Neil Clark: Both the Tories and the Lib Dems need to rediscover their roots in equality politics

Keen on the Victorian Age? Well, we're heading back there, according to the new report of the High Pay Commission. The commission, which was set up last November to look in to the ever-rising gap between high and low pay in the UK, predicts that if current trends continue, then by the year 2030 Britain will be witnessing levels of inequality not seen since the beginning of the 20th century.
You can read the whole article here.


Anonymous said...

Great article. What may make the return of Victorian economics even worse this time around is the cultural and social decline Anglo-Saxon societies have suffered in the last several decades.

At least in the past there were working-class clubs and other social organizations that helped form a counterweight to capitalism. Today, people are probably much more socially isolated, making it harder to push back or resist cultural and personal degradation.

Neil Clark said...

Hi John, many thanks. You make a very good point about the working-class clubs/ social organisations of the Victorian era.

jock mctrousers said...

I think 'Victorian age' is overly optimistic - even the Magna Carta is a bit too wishy-washy wet liberal for our elites. And certainly not Anglo-Saxon common law. Think of a mixture of the Roman empire and Hitler and a high-tech 1984, without the good bits.