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For the many not the few5/17/2023 The rich, supposedly, innately innovative, enterprising and hard-working, are upwardly mobile, economically, socially, and politically. Within Representative Democratic governance – one-person-one-vote – elected Members of Parliament, the Few, organize the inferior existence of the Many. The untalented, the feckless or lazy, or those devoted to divine and ethereal ways of life, can neither expect to be wealthy nor to enjoy sustainable lifestyles. Life in a modern competitive society superficially suggests that poverty and destitution reflect individuals’ inadequacy or intent. The rivalry between capitalist enterprises to remain in business in the face of the average rate of profit, inexorably, tending to decline, underlies periodic economic crises and, inherently, the unequal dispersion of value and ruthless impoverishment of the vulnerable.ĭistribution in capitalist society, as a perennial moral and political concern, with ethical implications for the regulation of social existence, is intrinsic to the march of human evolution. Ultimately, the significance of Labour being on your side raises fundamental questions. Communities in Britain suffer multiple levels of deprivation: health, housing, justice, education, longevity, political exclusion, etc…And the struggle to find meaning in this dire predicament promotes frustration, hostility and suspicion, and an aggrieved sense of social rejection and personal failure. Globally the top 1% earn around 10% of income (in the UK it is 15%) and the top 10% control some 85% of wealth (it is 45% in the UK).īut statistics on poverty do not describe the devastating effect on people’s lives, and even less explain the continuing and deepening tide of impoverishment and degradation. Hundreds of millions of people live in extreme poverty – as of 2019, Forbes lists 2,153 global billionaires, the richest, Jeff Bezos (of Amazon fame) has a fortune of $122 billion, and there are 54 in the UK, with Sri and Gopi Hinduja (with assets in Industry and Finance) being the richest, although their combined wealth is only £22bn. Impoverishment has burgeoned since the institutions of financial globalization deregulated international capitalism from the mid-1970s. In the Foreword, to the Labour Party Manifesto of 2019 – IT’S TIME FOR REAL CHANGE – Jeremy Corbyn declared that, “A Labour government will unlock the potential of all those held back for too long … Labour will build a fairer Britain that cares for all, where wealth and power are shared … Labour will be on your side”.
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