UK, Third World Country!!

          Further to my article regarding the "End Of Austerity" some very interesting and devastating  series of facts in this link from Comrade Loam. It lays bare the facts of how we in the UK have seen our standard of living deteriorate further in relation to inequality within the country than any other country in Europe. As far as inequality goes we look more like a third world country than a so called rich developed country.

Thanks Loam for the link:

      "...purchasing power parity poorest people in the United Kingdom in the year 2000 are poorer than any other nation in 2010 some of the poorest 10% of the population have an income on the scale which the OECD create and I should explain this a little better to you the OECD study creates a scale and inequality scale in the year 2000 in the United Kingdom the poorest 10% of the population had an income which which gave them 60 points on the OECD scale the top 10% of the population of the United Kingdom in the year 2000 had an annual income at 845 points on the same scale 60 at the bottom 845 at the top Germany is the country in the study which comes closest to the United Kingdom at the bottom end of the scale poorest people in Germany are at around 60 points in the scale as well but the richest 10% of the German population have a score at the other end of the scale lot of 845 but just above 300 and that's the closest of any country in the whole survey including the United States so that's in the year 2000 15 years later and uniquely in the survey poorest people in the United Kingdom are poorer than they were in the year 2000 and there is no other country in the survey at all where 15 years later people have fallen further back than they were 10 years earlier at the top of the scale in the United Kingdom the richest people have moved from 845 points on the scale now to 1150 they have broken through the 1000 barrier in Germany the most well-off have got richer - they've now moved from just above 300 to just below 400 so the gap between the United Kingdom and any other country in Europe which starts with differences in equality in inequality which are absolutely striking at the start of the period that gap has grown even further in the 15-year period and that's what I mean I think by suggesting to you that while in the European mainstream the gap between the top and the bottom in any country is relatively narrow and even under the conditions of austerity grows to a modest extent the United Kingdom begins as the most unequal country in the European Union and that accelerates away accelerates away even faster during the austerity years and the figures as you will know I'm sure are not in any way one-off for the product of some strange methodological quirk earlier this year research for the Centre for you for European reform the Centre for European reform told the same story at a regional level the United Kingdom has nine of the ten poorest regions in northern Europe there is one part of Belgium that is on that list all nine others are regions of the United Kingdom and within the United Kingdom the gap between the richest and poorest regions is wider than in any the European Union country and that gap the centre concludes has widened and not narrowed during the age of austerity but simply it seems to me that by the end of the period the United Kingdom no longer looks like a European country the mechanisms of social solidarity which are the project of government action have been abandoned here to an extent unparalleled elsewhere with the gross disparities exposed in the figures I just set out and nor of course in our country is this dismal journey over..."

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THE GROWTH OF PLUTOCRACY.

 From Inquiring minds: 

         My life in the West taught me the power of the land-grabbers. My experience in the East gave me insight into the power of the banker, The land-grabber cornered the land. The banker corners the money and credit. Both are able through their monopolies to plunder the producers of the product of their toil. The people of the United States are playing with fire. They are experimenting with an unworkable system of social organisation – a system that has been tried repeatedly during the past three or four thousand years, and that has destroyed civilization as often as it has been tried.

          I have watched the Middle West grow from a sparsely settled wilderness, the home of Indians and of buffaloes, to the greatest center of agriculture and of industry in the world. I have watched the public domain slip out of the hands of the people, and into the hands of speculators, of corporations and of monopolies. I have seen the bankers, the trust magnates and the masters of transportation and other forms of monopoly rise from obscurity to their present position of domination in public affairs. I have watched the growth of the plutocracy—the few who rule industry, the Government and the press because they are rich.

Richard Pettigrew
Triumphant Plutocracy

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