Who owns Britain?

Odds

Odds

Joined
11 Nov 2020
Messages
16,106
Reaction score
2,474
Location
Middle Earth
Country
United Kingdom
The Free Marketeers promised us a miracle. They gave us Rip-Off Britain. Our country is in decline because of their radical experiment. People can feel it: they pay more for essentials and struggle to afford a decent life. Too often the basics don’t seem to work anymore. No wonder we feel frustrated. We have lost control of our essential services and infrastructure. Shareholders were paid hundreds of billions out of our bills as critical investment went neglected.

If the public loses, who benefits from private island? The winners are the new owners of what was once our common wealth: billionaire investors, foreign governments, international asset managers and pension funds, and private equity giants.

Enough. We deserve better than this. We deserve real control.
 
Nobody promised you anything. You are the only one who can change your life.

Ordinary people pay money into pension funds which they hope are invested well to pay for their retirement so they burden other tax payers less.
 
motorbiking said:
Nobody promised you anything. You are the only one who can change your life.
Click to expand...
Tories flogged everything off go private foreign equity
The wealthy are accumulating assets at a fast rate.

It’s becoming far more difficult to change your life if you aren’t born with money



But Motorgrifting doesn’t want to talk about that
 
The First Welfare Theorem shows mathematically that, if there are lots of well-informed consumers, if prices are free to adjust and if there is plenty of competition between producers, then the free working of the market will deliver an outcome that is ‘efficient’, meaning that no individual consumer can be made to feel better off without someone else feeling worse off.

By and large i'd say that's working for a few while most folk are feeling the pinch. A clear violation of Free Market liberalism that endorses the principle of "the greatest happiness of the greatest number is the measure of right and wrong,"
 
Odds said:
The Free Marketeers promised us a miracle. They gave us Rip-Off Britain. Our country is in decline because of their radical experiment. People can feel it: they pay more for essentials and struggle to afford a decent life. Too often the basics don’t seem to work anymore. No wonder we feel frustrated. We have lost control of our essential services and infrastructure. Shareholders were paid hundreds of billions out of our bills as critical investment went neglected.

If the public loses, who benefits from private island? The winners are the new owners of what was once our common wealth: billionaire investors, foreign governments, international asset managers and pension funds, and private equity giants.

Enough. We deserve better than this. We deserve real control.
Click to expand...
The social contract is broken.

The U.K. has a poor standard of living for ordinary citizens
 
Britain's wealth gap in 2024 showed a growing divide, with research indicating a significant increase (around 50% in 8 years) in the divide, despite some official stats hinting otherwise; the richest 10% hold vast wealth (57%) while the bottom half share little (5%).

Four of the big six energy companies, including most of the nuclear industry, are foreign owned...nearly 190,000 properties in England and Wales are owned by overseas buyers. Add in foreign companies, and the figure rises to at least 280,000. In London, around 2% of homes are foreign-owned, but in Westminster it's 13%, and 11% in Kensington and Chelsea.
 
Murdochcat said:
Labour have done their fair share of privatising too

Click to expand...
While you may have a point in some regards, from your link:
"15 Nov 2019 — Labour leader Jeremy Corbyn says privatisation has doubled since 2010."

New Labour's work on the NHS resulted in vast improvements in resources and services. We might not like that they didn't stick to socialist purity, but they made it work.
 
Murdochcat said:
Labour have done their fair share of privatising too

Click to expand...
yes Blair / Brown govts 1997 to 2010 continued neoliberalism

notably the commodification of education: free school academies, and the beginnings of privatisation of Universities
Blair made the NHS the best it had ever been...but he did using private equity, making future generations pay by way of PFI interest


Starmer Labour govt is unfortunately using the same neo liberalism with private equity being used ever more -some billionaire Labour donors are the same ones the Tories had, theyve just transferred their support to who they can influence



of course lets not forget though that Conservatives have been in power 32 years of the last 45 years
 
wobs said:
While you may have a point in some regards, from your link:
"15 Nov 2019 — Labour leader Jeremy Corbyn says privatisation has doubled since 2010."

New Labour's work on the NHS resulted in vast improvements in resources and services. We might not like that they didn't stick to socialist purity, but they made it work.
Click to expand...

Trying to be balanced. The misses has worked in the NHS for over 35 years and she is pulling her hair out over the lack of management and waste
 
UK debt to gdp ratio

Labour had prudent budgeting and actually debt to gdp ratio was lower in 2007 than they inherited

of course it all went t1ts up in 2007 / 2008 due to GFC

1765274493854.png
 
Murdochcat said:
Trying to be balanced. The misses has worked in the NHS for over 35 years and she is pulling her hair out over the lack of management and waste
Click to expand...
I did a job for a guy who ran a consultancy business, he got public service contracts -mostly NHS

he drove a top of the range Porsche, had a £2.5m house in Sussex and a huge place in Portugal

Ive also had clients who ran recruitment agencies -also absolutely creaming it



too many people making a ton of money out govt contracts



Murdochcat said:
out over the lack of management and waste
Click to expand...
the cost of agency staff in NHS is colossal

my understanding is PCTs cant afford to employ people because of "budgets" but are short staffed so have to pay bank staff.

Interestingly a mate of mine from Uni joined the NHS in recent years, he has an MBA so probably got a high salary (I dont know how he got an MBA, he isnt all that bright, knows how to play the game and look good, one of those people into golf and networking)
 
You must log in or register to reply here.
Back
Top