Max12:1 Profile picture
Apr 22 12 tweets 8 min read Twitter logo Read on Twitter
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 Image
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 Image
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…
4/12 Politically, the UK is hugely split, reflecting our underlying economic and social divisions. Brexit and the culture wars may have been exploited by grifting right-wing charlatans and politicians, but the combustible material was already there. #Max12to1
5/12 Environmentally, we are in trouble. To address climate change, we need a cohesive society with a high degree of trust between people and a sense of common purpose - the very opposite of what Thatcherism bequeathed to us. #Max12to1 theguardian.com/environment/20…
6/12 Not everything can be laid at the feet of Thatcher and her disciples. The left and the Labour party has to take some of the blame. Intellectually and practically, there was a failure to renew social democratic thought and Thatcherism filled the void. #Max12to1
7/12 New Labour may have offered a methadone alternative to the Tories’ real heroin, but then we went back to the hard stuff. Now Starmer is trying the same trick. It may work for a while, but will it last more than a term or two? How much will change? #Max12to1
8/12 And even if the Corbyn project was seen by the Tories, the City, and the right-wing media as the second coming of Lenin, all it really offered was a bit more tax and spend. The earth is so salted that even modest proposals cannot flourish. #Max12to1 conceptually.org/concepts/overt…
9/12 So, here we are. Social solidarity has withered and to preserve our social position we must live, elbows out, always kick down and never punch up. We live in a coarsened and harsh country, one where the Home Secretary relishes deporting desperate people to Rwanda. #Max12to1
10/12 And yet, the solutions exist: a Max12:1 pay ratio, a Green New Deal, a Wealth Tax, a Financial Transactions Tax, common ownership of utilities and public services, and a massively enlarged co-operative and employee-owned business sector. #Max12to1 neweconomics.org/2022/01/five-s…
11/12 These together with full #PR and a constitutional overhaul are the building blocks. It all seems beyond reach at the moment but to construct it you first have to visualise and articulate it, so let’s at least do that with energy and hope. #Max12to1 getprdone.org.uk
12/12 And our first task is clear: we must get the #Tories out of our lives. Vote them out at the upcoming local elections and then vote them out at the general election (and vote tactically!). Then we can create a much fairer and better UK. #Max12to1
bbc.co.uk/news/uk-politi…

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More from @Max12to1

Jan 7
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
Read 12 tweets
Dec 19, 2022
1/6 WORTHLESS: What extreme pay #inequality really means. A short🧵... #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
Read 6 tweets
Jan 9, 2022
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…
3/10 The economy lurched from crisis to crisis under both #Tory and #Labour govts, with the balance of payments in particular disarray as we struggled to come to terms with the over-valuing of our currency in a world that now looked to the mighty dollar instead. #Max12to1
Read 10 tweets

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