Monday, May 07, 2007
The Middle Classes of the UK are Becoming Poorer
Telegraph: The backlash has started against income inequality
God it's tough being filthy rich these days. In years gone by a few million in the bank was enough to get you the top table at any restaurant. But now we know that being a mere multi-millionaire is no longer good enough: to make it on to the bottom of the Rich List one has to have at least £70m.
We are, at the moment, entering a landmark period of inequality, where the gap not just between rich and poor countries, but also between the haves and have-nots within the western world, is widening to almost unprecedented levels.
Posted by studdymx @ 07:21 PM (323 views) Add Comment
1 Comment
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1. Ticktock said...
We are, at the moment, entering a landmark period of inequality, where the gap not just between rich and poor countries, but also between the haves and have-nots within the western world, is widening to almost unprecedented levels.
As foreseen by a certain Mr. Marx some considerable time ago. Contrary to popular belief, this is why rampant capitalism has been resisted everywhere not yet completely cowwed by Corporate news/propaganda.
When you import an American socio economic system, you import the ill's as well as the gains.
So virtualy all British people seem to be losers from current policy don't they? No wonder democracy has been suspended. What odds a US Software system vote counting for the EU constitutional vote in Britain too?
What a f***ing fiasco.