Discover and read the best of Twitter Threads about #Max12to1
Most recents (4)
1/12 SALTED EARTH: We are living in the land poisoned by Thatcherism. We have been brought low by a doctrine of “me-first” selfishness and a devil-take-the-hindmost philosophy which, together, hobble any effective action against the huge problems we now face… 🧵 #Max12to1 
2/12 Economically, we were torn apart in the 1980s as #inequality and #poverty soared to levels not seen since the 1920s. We have not recovered. Gross #inequality now seems the norm. No subsequent government has even tried to reverse the damage wrought in the 1980s. #Max12to1
3/12 Socially, the UK is starkly divided. We have a three-tier education system, a two tier-health system, and a wealth chasm between those who rent or own their home. #Poverty stalks foodbank Britain. We meekly gave up on collective provision. #Max12to1 jrf.org.uk/report/uk-pove…
1/12 A BRIEF HISTORY OF UK #INEQUALITY: The UK used to be far more equal. Our current high level of income and wealth #inequality is a result of choices made (and not made) by successive governments (see section 11 in link > bit.ly/3ChKcBF for graph below). #Max12to1
2/12 Broken down into its constituent parts, high #inequality means having excessive incomes and wealth for a small minority while a much larger number of people live in or near #poverty. This is what the UK has tolerated for decades. #Max12to1 jrf.org.uk/data
3/12 It is important to grasp just how much #inequality in the UK surged in the 1980s as the policies of the Conservative governments took effect (financial deregulation, high unemployment, weakened trade unions, privatisation, and erosion of the welfare state). #Max12to1
2/6 If a company (or any employer) has a top-to-bottom pay ratio of 100:1, then it values those who work for them on minimum wage (whether outsourced or not) at 1% of the CEO or highest paid employee. #Max12to1
3/6 People might argue that you can’t compare, say, a CEO to an outsourced cleaner because, technically, the cleaner is employed by the outsourcer. But we think if anyone works in the business and breathes the same air as the bosses, they should be counted. #Max12to1
1/10 #BREXIT – A LONG VIEW IN A SHORT THREAD: The EU (previously the EEC or Common Market) was the lifeboat that Britain jumped into (very enthusiastically) after the Empire sank and the prospects for further exploitation of our former colonies receded. #Max12to1
2/10 Any good history of Britain post-WW2 (e.g. Ben Pimlott’s biography of Harold Wilson 👇 – highly recommended) shows how fundamentally shattered the British economy was after 1945. We have never really recovered. #Max12to1 goodreads.com/book/show/1756…
