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Incitement to class hatred...

Continuing on from what I was saying yesterday, here is a filleting out of salient comments from a Brendan Barber speech last night:

"Britain's workers increasingly feel an acute sense of unfairness - aware that the spoils of corporate growth, of record profitability, are being creamed off by a tiny elite while pay rises for everyone else struggle to keep pace with the true cost of living".

....

There is a growing sense that the Square Mile is enjoying almost limitless power; yet sometimes behaves without responsibility. A small City elite of investment bankers, hedge fund managers and private equity partners are enjoying riches beyond the dreams of avarice, while outsourcing the risks to the rest of us - taking one way bets they know they can't lose'.

And ordinary working people - whether they are heartland trade unionists or Daily Mail readers in marginal seats - increasingly feel they have no stake in this casino capitalism. They are angry that they are struggling to pay the bills as a super-rich minority is allowed to float free from the rest of society. Angry that they pay proportionately more tax than people whose earnings are a hundred or even a thousand times greater. And angry that they are now paying the price for the profligacy of others, with public money propping up the markets while billions are still being paid out in bonuses.'

I would unpick all of the errors of fact but lack either the time or the energy. However, as a short cut, try changing 'elite' and 'minority' with the demographic of your choice and see how it reads.

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Blogger CityUnslicker said... 10:32 am

great and all new labour ideas to encourage capitalism too.

I look forward to Mt Barber withdrawing his financial support and backing the socialist workers party from here on it.  



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