spotCampaigns

spotOrganisations

spotArguments for socialism

spotPeople

spotInternational

spotEvents

spotAround the UK


All keywords


Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

All keywords


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 977, 10 January 2018: NHS SOS - march and strike

Search site for keywords: Them & Us - US - Market - Wages - Pay - Poverty - Stock market - Inequality - Army - Banks

Them & Us

Them and us

Them and us   (Click to enlarge)

How many billions of pounds did your asset portfolio appreciate by in the last year? Is it zero?

We knew it. You idiot! Instead of frittering your wages away on beans and rent you should be pumping it into financial speculation.

Here's what you could have won, compared to what you actually did...


You should have bought a bank. The Tories gave 4.4 billion to banks in tax breaks last year, according to Labour analysis. Banktastic!

You now get less chocolate orange for the same price - increasing profits while cutting your chocolate, photo by Evan-Amos (CC)

You now get less chocolate orange for the same price - increasing profits while cutting your chocolate, photo by Evan-Amos (CC)   (Click to enlarge)

Instead you bought a smaller chocolate orange. Last year Terry's shrank 10%, from 175g to 157g - for the same price. It's called 'shrinkflation', but it's more about shrinking your wallet than your waistline.


You should have worked less. The heads of top FTSE 100 firms earn 160 times the average wage of 28,200, according to last year's High Pay Centre analysis of 2016. At that rate you could afford to go home before you get out of bed!

Instead you worked too much. One in ten workers are officially "overemployed," working more hours than they want to, according to the Office for National Statistics (ONS). Overwork is certainly more rife than that shows. Meanwhile a lot of us want more hours - or at least more secure hours.


You should have played the stock market. Last year the world's finance casinos gained $9 trillion in (fictitious) value, according to analysts at MSCI. Spiv-a-licious!

Instead you played the jobs market. On top of endemic overwork and underemployment, both employment and job vacancies have started to fall. Unemployment also fell - because the long-term jobless are giving up looking, as shown in ONS figures for the third quarter of 2017.


You should have been an oligarch. The world's richest 500 billionaires boosted their wealth by $1 trillion last year, according to Thomas Piketty's World Inequality Report. (See also letters, page 12.) Capital!

Instead you were a worker. Britain's 800,000 agency staff - that's four times the size of the army - are underpaid by 400 million a year, says the Resolution Foundation. And 4.6 million people in the UK are in "persistent poverty," according to the latest ONS figures for 2015.






Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Related links:

Them & Us:

triangleThem & Us

triangleThem & us

triangleThem & us

triangleThem & us

triangleThem & Us

US:

triangleMovement challenges Iranian regime

triangleWidening wealth gap, increase in poverty...make the fat cats pay

triangle2018: more upheavals loom

triangleTrump's incendiary Jerusalem statement reignites Israeli-Palestinian conflict

Market:

triangleClosure of Nottingham unit shows dismantling of NHS

triangleUni market 'failure', two-year degrees - end cuts, scrap fees!

triangle'Dazzling' Bad Art show points to socialist future

Wages:

triangleRail: fares up, bosses' pay up - delays and cancellations up

triangleAmber warning lights flash on British economy

Pay:

triangleSalford Socialist Party: Pay Up Now - Public sector workers need a pay rise!

Poverty:

triangleEnd Tory war on poor

Inequality:

triangleWhy I joined the Socialist Party: "I started to question whether there was a better way"

Army:

triangleBrutal repression of Rohingya people sparks massive humanitarian crisis

Banks:

triangleRBS to sack 1,000: nationalise the banks