Tag: economy

Tax the Rich again and again!

Tony StauntonLeave a comment

My weekly comment column in the daily Plymouth Herald (25.11.25) – the eve of the Autumn Budget. Tax the Rich! Enough said. We protested at the budget eve lobby of Luke Pollard MP Armed Forces Minister in the afternoon at Frankfort Gate, demanding Wages not Weapons, Books not Bombs, Welfare not Warfare!
Tell Rachel Reeves to Tax the Rich properly (not my headline but good enough).
The unexpurgated version below, or expand to read the printed article.

Oh no! The Bosses are threatening to go on strike! They may even leave the country! What ever will we do? Why is it OK for the rich to hold us to ransom but not the poor when we down tools and strike because we can’t live on the official minimum wage?
It is one of those basic truths that the owners of big businesses don’t create wealth. Workers make the goods and products and provide the services. Bosses simply reap the profits because they own the businesses, usually on the inherited wealth from their ancestors who stole it in the first place.
The threat, made-up by the right-wing press, is that the rich are going to be taxed more in tomorrow’s Budget. In response the super-rich might leave the country. Oh no they won’t! They’re having too good a time in Britain, at our expense.
British billionaires make an additional £35million every day by doing nothing more gambling on the stock exchange! Their wealth has more than doubled since 2010 when together they were worth £250,000,000,000. Now they’re “worth” £620billion, half the entire annual tax-spend of £1.2trillion. The 5- richest families in Britain own more than 50% of the population – 34 million people.
Their super-wealth means price hikes for us, the tax cuts and accountant-managed tax-evasion for them costing the Exchequer and our social infrastructure at least £36billion. There’s the mythical spending-gap filled twice over! Tax the Rich, Make Them Pay!
For workers, the average cost of living has risen overall by more than 25% since the Pandemic. Our incomes haven’t. But Reeves is set to tax the elderly, 60% of whom have no real private wealth. Of course, some do, but working class pensioners don’t have huge incomes. Landlords do (some of them are pensioners), big shareholders do (some of then are pensioners), the directors of the private water companies and utilities do (some of them are pensioners). It’s all about class, not age!
Start with taxing the super-rich properly. The British based banks have been making a billion pounds surplus to costs every week of 2025. That’s one-thousand-million pounds every week, £143million private profit every day for the past 337 days (and back before that). That’s a 14% increase in profits made on the backs of the debt and overpriced interest payments of working class people, underpaid and overcharged across Britain.
Our bank accounts and insurance contracts are protection rackets continually making us offers we can’t refuse. Banking is business that we can’t do without because of the salary and mortgage systems. They have us over a barrel and should be nationalised as public services, not private corporations.
The rich shareholders are laughing all the way… You might think that a Labour Chancellor would not only raise the surcharges on the banks’ bulging vaults – Barclays, Lloyds and Nat West – to ensure they pay taxes commensurate with the rates we pay, but heavily cap their charges and profit margins to stop this level of corrupt exploitation. Yet the Banks’ total tax bill was less than 24% last year, lower than the average wage earners’ and piddly compared with Germany or Japan’s 32%. And they’ve wasted so much. £100billion on HS2 nowhere, £36billion on a test-and-trace that didn’t work. The rich pocketed our dough.
Tax the rich! But no. Labour, once up on a time branded as the “workers’ party”, is a friend of the financiers, the hedge-funders, the asset-strippers and the speculators.
The profits for the arms manufacturers and those trading in war are going up exponentially – all arms are funded by the tax payer. We pay Them! Stop funding war from our taxes! War is always paid for by the very poorest in society, from the tents of our homeless on our streets because of cuts to welfare expenditure to the deaths of millions of civilians across the world.
The rising tax-spend for arms funding to over £76bn, 40% of it for illegal nuclear weapons of mass-destruction, is a confidence trick. And the nuclear levy to build Sizewell C won’t produce cheap electricity or energy security. It’s another speculators scam, the price-hikes passed on to we the choiceless consumers. We desperately need honest Climate Jobs to address the very real Climate Emergency, not unproven high-profit techno-fixes. Stop paying the £10.5BN a year to fossil fuel companies making huge profits out of energy prices the highest in Europe!
And never mind stealth taxes, create a land tax now and sort out the incredible inequalities of the Council Tax. Overall, the richest 10% pay far far less tax than the middle 60%. With tax evasion and business subsidies, a cleaner may well be paying more as a proportion of their income than the owner of the office block they’re dusting, and more than the multi-millionaire directors of the businesses in the offices.
The free-Market “trickle down” economics does exactly the opposite – money flows upwards for the super-rich to hoard. It’s socialism in reverse – wealth from the many to the few. Tax the Rich! And stop the lies. The companies paying the minimum wage are subsidised by the tax-payer to do so – we pay to raise the pay of the poor through Universal Credit effectively allowing the Boss to pay less wages…and less tax! Raise the Minimum Wage to £15ph to cut the benefits bill!
The Rich always blame the working class for our suffering. We are expected to self-loathe: “pensioners are a burden”; “migrants are scoungers”; “the sick are scammers”. Don’t believe the mass media – all of which is owned by billionaires!
We want our taxes to be used as intended – to pay for our social infrastructure, not subside the Rich. Jobs for our one-million unemployed young people, food for our four million children in poverty, help and support for our eight million under-resourced elderly, cash for the privately-plundered NHS!
The simple fact is that the Boss Class are liars, scammers, scroungers and a burden on us all. We’d be far better off without them, in the hundreds of billions! Tax the Rich!

Challenge supermarket domination – transform food production!

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My weekly comment column in the daily Plymouth Herald (28.10.25), beginning a few weeks of focus on elements of the climate catastrophe and how it effects working class people on a daily basis. It’s probably all been said before, but as fossil fuel corporate executives and their pet politicians gather in Brazil for the COP climate conference, it’s worth reflecting upon why we’re in this dire state. Of course, as usual, the Paper chooses the headline, sufficient but way off point:

Nutritional food is a Right for All

Food prices are going-up, supermarkets crying poverty. Ahead of next month’s government Budget, the powerful food industry is lobbying MP’s demanding protection from increases in taxes or workers’ rights. Supermarkets have the power and influence to bully and bribe government ministers to do their bidding.
Sixty-five percent of our food shopping takes place in the top five supermarkets. They dominate our choices, our diet and the price of food. Annual food price inflation was at over 20% only two years ago, prices continuing to rise at over 5%, with butter prices up by 19% and milk over 12%. Add-on the so-closed “shrinkflation” of paying more for smaller sized packs and there’s only one result.
High profits! Lidl has tripled its profits in the last year. Tescos is expecting the highest profits at over £3,000,000,000 (£3bn) this year! That’s three-thousand million pounds surplus over-and-above the costs of running the business!
Food prices are rising to increase their rate of profit and still they are crying poverty! They attempt to hide their greed and extortion by blaming the government. The big five set prices amongst themselves that bear little relation to the actual costs of production. £1 for an apple? You must be joking! They grow on trees!
Supermarkets are attacking increases in the minimum wage despite the fact that their employees cannot live on the minimum wage, have to apply for state help with welfare benefits to subsidise their wages (actually subsiding the employer paying low wages), and needing two or more jobs or massive overtime working to afford housing, heating and the very food they stack and serve.
The top directors and shareholders are making a killing. Tesco’s chairman’s “salary” doubled to more than £9.6 million last year. With pension rights and other dividends his personal income is way over £10m a year. Sainsbury’s boss got a 20% increase adding £1m a year to his £5+m annual salary. No-one deserve such income, especially when their private wealth comes from the artificially hiked prices we pay for the essentials we need.
The corporate bosses are attacking any potential higher taxation, saying they have to cut jobs to pay for increases in national insurance contributions, the increases which are needed to keep pace with the inflation that they are in part responsible for! They threaten us with job losses whilst arguing for Budget cuts to the State pensions, education and hospitals.
The supermarkets limit their tax liabilities to the minimum with off-shore arrangements and transnational corporate status, yet shout through TV-ad megaphones to build public support against increases to proper taxation of their high profits. The profits go into the pockets of wealthy shareholders themselves playing fast-and-loose with their private tax liabilities. They’re scamming us. Tax the Rich!
Supermarkets see the highest profit margins from the highly processed “cheap” foodstuffs, mass produced in low-wage factories. The production risks, transport costs and limited life of fresh food makes it far less profitable and are therefore discouraged by high pricing agreed between the supermarket cartel, ready meals encouraged in heavy advertising and clever “bargain” pricing. These industrially produced chemical “foodstuffs” barely contain any real nutrition.
Farmers, already plagued by extreme and unpredictable weather events caused by the deepening climate crisis are complaining of bullying and extortionate demands forced upon them by take-it-or-leave-it supermarket contractors. Migrant workers are subjected to horrific working practices and vulnerable to modern slavery to minimise the wholesale costs of fruit and vegetables and maximise the profits of this big corporations.
And the drive to minimise costs in order to maximise share prices is seeing agricultural land polluted by short-term chemical fixes, destroying the soil’s natural processes for replenishment, creating deserts in the regions we rely heavily upon for the import of food, and forcing human mass migration. We are facing global food shortages as a result.
Don’t cry for the supermarket bosses, and don’t believe their propaganda. Their entire system of food production and distribution is unsustainable, deeply destructive and highly exploitative of both the natural environment and of the working classes here and across the world. We have to organise for a fundamental transformation of food production.
We should revolt against their profiteering, challenge their shareholder’s demands for never-ending growth in profit margins, and not only tax them properly but cap the profits and dividends they are allowed to reap. Nutritional food should be human right for all, not a source of massive private wealth for a privileged few at our expense.

Workers’ control of production will require a revolution

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My weekly Comment column in the daily Plymouth Herald (15.4.25), looking at one aspect of the current crisis of British Steel. Of course we want all utilities and public services nationalised, but under what governance exactly? There’s no reason for workers to trust State Capitalism – it simply maintains the competition and exploitation at the very heart of the System. Workers’ control of production will require a revolution.

The full unedited article here:

To eliminate poverty every essential product should be managed not for profit but for human need. Those needs are determined by the daily requirements for survival.
Every human being needs nutritious food, warm and dry shelter, protective clothing, love and nurturing, and education that ensures we learn how to look after ourselves and others. Socialism is the idea of a society that meets those needs for everyone – collective ownership of the means of production.
In a society of 67million human beings our needs have to be produced at scale. So we need mass production of food and housing and wherewithal, which in turn means we need large quantities of nutrients and bricks and materials, including steel for transport and buildings.
It becomes clear that these materials should be regarded as essential, not luxury items that we may also want but not need.

It stands to reason that all essential production should be considered as part of public services, socially organised. Private businesses do not operate according to social need, but rather for short-term private profit.
The fact that British Steel plc was privatised by Thatcher in 1988 and fleeced for shareholder profits ever since is a case in point. Steel is an essential social resource. If the Steel industry was publicly owned and controlled, the steel would be produced at cost, environmental concerns regulated and climate damage addressed, jobs valued, and the products – from building construction to railway lines – locally supplied.
As it is, British Steel has been a cash cow for private investors – shareholders seeking a maximum return on their money – for decades. Along the way they’ve sucked dry the blast-furnaces in Port Talbot and Llanwern, steel making in Teesside and the electric arc furnace in Rotherham.
The current crisis of the Scunthorpe steel plant is the latest example. The Dutch Corus Group bought BS in 1999, sold to Indian-registered company Tata Steel in 2010 who sold it in 2016 to Greybull Capital LLP for £1 in 2016, sucking-out its cash equity before going into insolvency in 2019.
Greybull is one of those predatory capitalist cowboy-firms buying vulnerable companies cheap and sucking them dry at the cost of thousands of jobs and livelihoods, including the Monarch Airline company.
The Chinese capitalist conglomerate Jingye bought British Steel from Greybull in 2020 promising huge investments, wanting a Made-in-Britain badge in the steel it supplies at market rates. The UK Governments pledged £3.2billion to support the UK’s steel industry, with more to come in the next few months.
Surely, throwing billions of tax-payers money at private companies makes no sense. Why couldn’t we just buy it for £1 and own and control it as an essential asset? Indeed, why did the State ever sell it off?
The answer is not economic but ideological. Successive governments, Tory, Tory/LibDem and Labour have all fully committed to the political philosophy of neoliberalism: free-market Capitalism – the opposite of socialism. First sponsored by President Reagan and Margaret Thatcher, the belief is that the neoliberal State should not own anything that can make a profit for a private business.
Under this ideology, only when essential businesses go to the wall should the State intervene to bail out and protect shareholders for as limited time as possible. Hence the creeping privatisation of the NHS, and absurd ups-and-downs of the rail and bus industries, their profits wholly underwritten by our taxes. Socialism always and only for the super-rich, profits guarantee from the common wealth.
Now, as a Labour Government takes over the management of British Steel wielding statutory powers over the still privatised business, there are calls for renationalisation.
There are many forms and purposes of nationalisation. Capitalism required it for the reconstruction of industry after the Second World War. Indeed, Hitler’s fascist government, and Mussolini’s Italian fascist State utilised nationalisation as a tool of totalitarian control. It is not, of itself, a cure for poverty, unemployment, exploitation or oppression.
Trade unions like nationalisation of a certain kind. Democratic public ownership and control, with workers full engagement allows security of production and jobs despite market turbulence, able to deliver the goods for need not profit. Socialists demand workers’ control of industry.
In successive polls, at least 65% of the electorate like the idea of returning our services to public ownership – including water, energy, transport, the NHS and Royal Mail. Nationalism is seen as better than corporate ownership.
Starmer’s Labour government, like Blair’s before him, hates nationalisation, only ever doing so to protect the business owners for as short a time as possible. The Tories, now all-but defunct, agree. The millionaire Nigel Farage, executive director of Reform 2025 Ltd, the business behind the political party, Reform UK, bizarrely demands full nationalisation without compensation to the Chinese owners – at face-value a full-on socialist demand.
Bizarre because Reform UK is a thoroughly neoliberal organisation on the side of big business, seeking the smallest State possible with policies for privatisation of the NHS and against workers’ rights and State regulation. The arch-Nationalist Farage may pretend to be a friend of the working class ahead of the May elections, but there is nothing socialist about Reform UK.
The end of steel production here should not be an opportunity for false promises. The long-term failure of businesses to invest at all amongst the general industrial decline across the UK is a vindication of all of us who have warned against and opposed neo-liberalism from the start. This decaying corpse of a failed political creed represents a serious crisis for jobs and cost-of-living that demands we take control, in the collective interests of the working class not the careless greedy bosses.

Trump’s Tariffs will not Help the Working Class

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My weekly Comment Column in the daily Plymouth Herald (8.4.25), following a weekend campaign stall which heard many local people saying they “like Trump”. In general, nationalist sentiments and comments were the majority. Socialists really do need to heed this shift to the right, and argue back. I can’t offer any deep economic analysis and would never predict the global impact of Trump’s tariffs, but one thing’s for sure. The working class is going to pay a heavy price, everywhere.

What have tariffs to do with us?

In Truth there is no such thing as the “National Interest”. We are not one nation, not because of any differences in skin colour or ethnicity, but because of social class. The richest 20% of British citizens live totally separate and different lives from the poorest 20%. In general their bonuses come from our losses.
Tax cuts for the rich do not benefit the poor in any way. Surplus personal wealth tends to be spent on luxuries, the larger amounts squirrelled away in off-shore tax-free bank accounts. In Britain the luxuries mostly come from overseas, the luxury holidays generally happen overseas, the upper-middle and super-rich upper class investing in cheap labour overseas. The working class hardly ever see the real wealth of our Nation.
Trump’s tariffs are portrayed as his attempt to pull production back to the United States of America in order to revitalise their endebted economy and improve the condition of the poorest. He has no such intention, and in any case, tariffs don’t do that. Trump’s taxes on imports to the USA will fuel price rises, maintaining or even increasing inflation at home and abroad.
The tariffs will damage any capitalist’s confidence in investing, anywhere. Last week’s sudden record losses on stock markets worldwide are evidence of this. The retaliation of other countries with large economies, imposing tariffs on US goods will replicate the inflationary pressures worldwide.
The UK’s economy is stagnant already. Before Trump, for the poorest 50% of people in the UK, prices kept going up and our spending power decline. The tariffs will ensure this continues. The outlook is stagflation.
We are already suffering disgusting inequality and poverty levels. Low wages, precarious work, 6 million households in fuel poverty, 4 million children in poverty. To judge where you sit in the hierarchy of rich v poor, just consider that Britain’s median hourly wage is around £37,000 per year before tax, roughly the same as in 2006. Most wage-rates have been pulled down by wage-compression resulting in the top 10% of salaries averaging £73k, the poorest 10% less than £23k. Standard Universal Credit per adult £5kpa. State pensioner a maximum of 12kpa. Of course the super-rich aren’t in these stats – they’re the directors and executives and property owners – not the workers – averaging £200kpa before bonuses and dividends. Where do you sit?
The top 10% of households hold 43% of the country’s wealth while the bottom 50% of us (33 million citizens) share just 9%. The 170 UK multi-billionaires own £700billion between them, their collective income rising over £30bn in the last year. We never see their money.
America’s gap between rich and poor is even more extreme. Trump’s primary motive in enforcing tariffs is to get more dollars into the USA’s federal budget to be able to further cut the rate of tax for the wealthiest in America. Damn the poor, the social infrastructure and welfare services. Why any working class person would still wish to support Trump beggars belief.
We have lived the fact that the rich having more cash doesn’t trickle down to the poor, quite the opposite. The poor pay substantially more of our disposable income on essentials with little or nothing for luxuries, the prices of which will now skyrocket.
Trump’s tariffs will make the price of essentials increase. Here in the UK. The world’s smallest countries are being hit so hard they will be plunged into even more abject poverty (the current jokes about penguins are not really funny). The big economies responding with tariffs of their own will cost their working class a double-whammy.
Trump’s administration isn’t benign. His people know the history of trade wars. They’re not stupid. Tariffs deepen economic competition and lead to military competition. Trade wars lead to world wars. The USA has a military budget that dwarfs the rest of the world’s combined. And wars make huge money for the arms manufacturers at the expense of everyone else.
Little wonder Starmer’s government and those across the world are now preaching rearmament and militarism. Nationalism is being drummed into our working class mindset as a prelude to war. And wars always make the working classes much poorer, economically, socially and emotionally. Surely, war is not in our interest. And neither is Trump.
More than one million people protested across the USA last weekend, against Trump’s offensive. The working class here must challenge Trump’s poverty policies here, too. Welfare not Warfare!

Welfare not Warfare and Militarism!

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My weekly comment column in the daily Plymouth Herald (25.3.25), raving mad about the benefits cuts. This is an attack on the poorest and most vulnerable in society, grabbing-back cash wherever possible to fund rearmament and war. This is militarism and authoritarianism, and must be defeated. We shall protest, demonstrate, campaign and oppose.

The full script below:

Say a Big Lie loud enough, long enough and across all the media and, probably, it will become an accepted Truth. Unless challenged by a louder voice.
“There’s no money” is most easily challenged when you see the government finding huge sums – billions and billions of tax-payers pounds – for war, rearmament and militarisation of society. “There’s no money” rings hollow even to the most unthinking when the numbers of individual with billions of pounds double in their own number and become, not billionaires but multi-billionaires, flaunting their wealth and the power it brings.
Of course there’s the money, it’s just not for us, the working classes.
To build the Lie, the Government is pitching those in work against those reliant on welfare benefits, broadcasting the despicable Big Lie that people are pretending to be disabled and should be forced back into minimum wage alienated employment to ensure the economic “Growth” that clearly only benefits the super-rich.
Journalists trawl through hundreds of street vox-pops to find the one disgruntled, downbeaten sod so hopeless as to hate her disabled neighbour for getting a Personal Independence Payment (PIP) instead of her. Those who call disabled people “scrounges” are at best one-step away from an accident or illness that will render them reliant on precisely the welfare they condemn. And it won’t be there for them when they need it.
Capitalism breeds individual competition from the bottom-up.
More than 1 million people in Britain will lose their disability benefits next Spring, losing mobility, dignity, help and hope. Welfare cuts are set to be part of tomorrow’s spring statement ‘package’ which will also involve planning reform, Whitehall cuts and regulation cuts.
Starmer’s condemnation of our civil services, “doing a Musk” in slashing the departments that coordinate and provide our social infrastructure, is a far-Right populist propaganda Big Lie meant to appease the forces of reaction. It will only encourage them.
A Labour government focus on attacking the poor and the dispossessed has happened before, but not to such a level as this that would make Thatcher’s eyes water. Blame the refugees, Stop the Boats are the slogans of a false narrative that obscures the barbaric levels of disparity between the Rich and the Poor in this country. For the record, the tax-costs of refugees is a minute fraction of the costs of our Health & Welfare Services, and an even smaller fraction of the hundreds of billions of pounds due but unpaid by the richest 5% of Britains.
The welfare bill is not spiralling out of control. It is at the same level as 2013, lower than 2020. The benefits cuts will save less than £5billion by 2030 to pay for an extra £6billion going into arms production. A Wealth Tax, not the same as Income Tax, skimming 2% from the personal wealth of those super-rich owning more than £10million would pull-in £24billion to the Exchequor over the same period. The rich would hardly notice the top-slice.
But the rich try not to pay any tax. There is a loss to to our budgets of at least 30% through fraud and evasion of tax due by the rich, amounting to upwards of £130billion. Yet Reeves is sacking the civil servants who could chase the money down and replenish our coffers for health and education.
And whilst just 0.2% of welfare benefits are fraudulently claimed, less than £1billion, that is what the toady journalists seize upon, not the corruption of the rich, who want us to blame the poor to take the heat off themselves.
Britain has a low pay, long working hours culture, where those with capital are free to exploit the ordinary working person. One of the core reasons we are seeing a rise in mental distress and long-term ill-health is the impact of demeaning employment, the bullying and repetitive mindless labour of low-paid shit employment ensuring a life of subsistence, demoralising us into hopelessness.
Britain’s “free-market deregulation, already extreme compared with most countries in the world, is being enhanced to allow Landlords to extort more and get welfare tax-cash to top-up their outrageous rent hikes, employers to extort more without inspection, cashing-in on Universal Credit to pay an unliveable minimum minimum wage topped-up by the tax-payer for their maximum profit.
We, the working class, are unaffordable, we’re told. Despite being the ones that pay the taxes – the Rich simply do not – we are ineligible for any rebate. We are being heckled and smeared to compete for an ever thinner slice of a mouldering cake.
It can be different: Rent caps to ensure affordable housing for all; a £15 minimum wage to end the need to claim UC uplifts; regulations enforcing a legal obligation for landlords to keep tenancies healthy and habitable; home refits to reduce energy costs; a 2% increase in taxes on income over £80,000pa; the cancellation of the US-leased Trident nuclear weapons programme freeing-up at least £210billion for welfare.
The money’s there! But Starmer, Badenoch and Farage aren’t going to redistribute any of Britain’s wealth back to the working class who produced it. We’re going to have to fight them for it. We must challenge Austerity #2 and Militarism. Welfare not Warfare!

A Harsher 2025

Tony StauntonLeave a comment

Wishing everyone a Happy New Year, and hoping for some mass revolt in 2025, here’s my last weekly comment column of 2024, in the daily Plymouth Herald (31.12.24). This has been a ghastly year, both in terms of personal health and global suffering, Gaza needing to remain at the forefront of our minds. And the local issues, the degradation of our services and of any accountable democratic framework, have to be challenged. I remain focussed on the greatest twin perils of climate catastrophe and nuclear warfare, but the cause of all remains the Capitalsit System, which has to be overthrown.

The unedited version here:

On the eve of a new year, hope lies with those campaigning for Peace with Social Justice. That is not the manifesto of any of our main political parties, hellbent on war and racial hatred.

Starmer’s Labour is organising for a 5% reduction in spending in all government departments, cheered-on by the Tories and only Trumped by Reform UK demanding more cuts, their propaganda financed by billionaires. The lesser parties can say what they wish, but they have no clout.

Only the people, assembled, en masse on the streets and in collective action across workplaces have the power to improve our collective future.

We are facing a harsher year ahead, Austerity Mark Two now declared. It’s not what the People voted for, but democracy and civil infrastructure are now in deficit if not bankrupted. The National Health Service in hoc to private US-based corporations, our education system scavenged by hedge-fund consortia, our housing ravaged by short-term profiteers investing in squalid tenements and over-inflated market rates.

One-in-three of our children are living in poverty, going to bed each night without having access to at least one of the essential components of healthy development. At least one-in-three of our older people live impoverished lives of isolation and loneliness. One-in-four women are suffering domestic violence, the pressures of this alienated existence creating the conditions for us to turn against each other in the quest for some power and control over the inner sense of powerlessness.

The working class is the majority. Those of us who, should we suddenly spend a year or more without employment income, suddenly dependent upon £80 a week welfare benefits, the mortgage or expensive rent no longer paid, would face homelessness or insecure dank accommodation, subsistence diets and a depressed monotone reality. We are at least three-quarters of the UK population, living with serious vulnerability.

There is more that unites us than divides. We may enjoy different recreational pursuits, cultural preferences and dietary habits, but we go to work to earn the crust and pursue our dreams. We experience the treadmill of the workplace, the middle-managers forced from above to demand ever more, the workforce driven into a self-defensive regime to protect ourselves from bullying. overwork and hopelessness.

The UK is the 7th largest economy out of 196 countries. Our gross domestic product is 4 times the size of the 1970s. We should all be on 3 day weeks with an income twice it’s current size, or more. Where’s all the money gone?

The world has 7 times the wealth compared with 1970. The average person is only 8% wealthier, the richest 0.01% are 4000% richer: Elon Musk was worth $2billion in 2012 (much of it inherited), in 2024 that had increased to $447bn; Jeff Bezos $18bn 2012 to $249bn in 2024; Zuckerberg $44bn in 2012, $224bn in 2024. The world’s wealth has poured upwards, not trickled down at all.

Our taxes have been sucked into corporations through the process of privatisation, producing big holes in our health, welfare and education funding. And more taxes have gone to the now-endless wars being pursued by the military-industrial complex of private arms companies making obscene profits alongside the transnational oil and gas corporations.

Starmer wants UK tax expenditure on the military to go up to 5% of GDP, hence the 5% cuts to everything else. Our welfare is being sucked dry by war and private greed. And now, no-one is predicting that life will get any better – the changes to climate are observably accelerating at such a rate that it is undeniable, only the causes and solutions argued about. We face local and global food shortages in the near future.

We need a radical transformation to survive. From any social analysis it is clear that the rich are too rich and the distribution of wealth in society too extreme. No-one needs or deserves a billion pounds or dollars. In fact, anything more than £5million must be an inexcusable amount of surplus personal wealth, spent only on a life of wasteful privileges and extreme extravagance at the expense of tens of thousands if not millions of others. We have to put human need before private profit, a cap on wealth and a profound level of redistribution to meet human needs in this new harsher world.

It will take a revolution.

May be an illustration of map, ticket stub, blueprint and text

The Time has Come to Revolt Against Inequality!

Tony StauntonLeave a comment

My weekly Comment column in the daily Plymouth Herald (12.3.24) saying less than enough about the vile and cynical use of Parliament by the super-rich to continually fund their lifestyles on the backs of mass poverty. Their propensity for exploitation has no bounds, their audacity to extract billions of taxes paid by us to ensure the services we need only to be pocketed into offshore personal accounts is beyond criminal – extortion and corruption do not explain it well enough. The gangsters are in charge of the World.

The idea of One Nation is absurd. We live in a class society, layers upon layers of strata, of groupings, based upon wealth and power. Britain’s Capitalist class is one of the very richest in the world, and three times as rich as 15 years ago.

This is why we have political groups, Parties, purporting to represent the interests of each of the competing classes. Democracy is meant to replace open conflict by representing the tensions through debate in Parliament and local Councils, right down to neighbourhood forums

These structures are weaker now, wielding less representation of the people and demanding less accountability of those with power than anytime in the last eighty years. The adoption of free market economics, replacing the post-war mixed economy with overt competition and privatisation, has led all Parliamentary parties to value growth in profitability over social infrastructure. That’s the basis of the common political sense that “they’re all the same”. Politicians all subscribe to neoliberalism.

There are a range of very good reasons as to why most people have little faith in politicians. In recent years it has become apparent that government policies are more based upon the influence from corporate lobby groups than the People. 

It is the owners of big business who are actually in control, Parliament no longer offering even a mediating role between the needs of the bosses and the needs of the workers. 

Protection of corporate profits is now the observable purpose of government, the success rate proven by the record profits of the biggest lobbyists – banks, fossil fuels, supermarkets and arms manufacturers.

The end result is more akin to a nation of citizens and slaves than universal suffrage. The wealth is so accumulated into primarily the top 1% and minimally to the next 30%, that the bottom 70% of those in the UK have a a sliding scale of disposable income, no chance of accumulating real wealth, and a diminishing say in society. The bottom 50% (over 30 million of us), are without any honest representation or wherewithal independent of our week-by-week wage.

Last week’s budget was a stark illustration of this. A government preaching to its core supporters, giving away more tax money to the super-rich whilst trickling some crumbs to its voter-base, the formal opposition party barely disagreeing with that general political approach.

The result. Political spin and bluster on the one hand, more unending Austerity on the other.

The headline cut of another 2p in the £ off National Insurance will benefit higher earners the most: someone on £50,000 a year will save £1,310 — five times more than a worker on £20,000 and 15 times more than somebody on £15,000. It will cost the Treasury an extra £10 billion a year that could have been earmarked for State schools and the National Health Service.

But the frozen tax thresholds will actually mean those on a salary io £25,000 a year will take home £20 less a month. The tax allowance freeze disproportionately impacts the poorest workers because a larger proportion our income being taxed, our wages being low and insufficient. Similarly, pensioners with a small employment pension (they’re mostly very small) will pay more tax.

The pre-election government propaganda was a complete lie, the Chancellor shouting “Lower Taxes” pretending to help hard working people whilst actually giving handouts for bosses and the rich. Hunt increased the VAT tax threshold for small businesses from £80,000 to £90,000 and reduced the higher tax rate on property capital gains—the amount you make from selling property—from 28 percent to 24 percent.

This means more money for bosses and for rich people with big houses at the expense of all the essential services that the working classes rely upon.

The Budget announced huge public spending cuts – £20 billion in cuts by 2028, according to the Institute of Fiscal Studies. Health & Education will see 1% above inflation increases, not matching the increase in need. Public transport, universities and councils will all see devastating new austerity measures, on top of the past fourteen years of Austerity.

Successive governments have stolen, yes, held back and clawed back, some 65% of council funding compared with twenty years ago. Local services – essential services – have been slashed, those that can make a profit sold-off, the rest devastated or demolished completely. 

We have local Councils going bankrupt and forced to raise taxes, a health crisis, a housing crisis, a crisis of our children’s nutrition and mental health, a cost-of-living crisis engineered to maximise the living standards of the richest.

Working class people are not stupid. We see and understand what’s happening. And we know when we’re being lied to. In advance of the general election, few believe it will result in the fundamental changes needed for improvements to the conditions of the mass of the working class. In historical periods of such lack of trust in our leaders there is usually revolt, sparked by the experiences of inequality and injustice. Now is that time.