Photo by Negative Space on Pexels.com After the chancellor has spent a record amount supporting individuals and businesses through the coronavirus pandemic, he is now looking to fill the hole in the public finances, through increased taxation. Due to the high wealth gap in the UK, we have an extreme situation where the top 10% … Continue reading Will the UK Tax the Super Rich?
Category: Uncategorized
Coronavirus – Poverty Fuelled
The King’s fund think tank states that ‘people living in the poorest areas are dying from coronavirus at twice the rate of those in the richest areas’ in the UK. At first, it seems incredible that a virus can discriminate based on economics or wealth, but that appears to be what is happening across the … Continue reading Coronavirus – Poverty Fuelled
Coronavirus – valuing Living Standards more than traditional Economics
Overnight, years of pursuing economic growth measured by GDP at the expense of non monetary values such as: social conditions, the cost to the environment and other living measures have been jettisoned after the coronavirus hit the UK. Behaviour has changed for the collective good. There is shame in selfish behaviour and greed such as … Continue reading Coronavirus – valuing Living Standards more than traditional Economics
Coronavirus – We need National Manufacturing…
The coronavirus has shown us many things, and one of those is that in an emergency situation equipment can not be bought on the open market. Innovative and domestic ways are needed to provide equipment to patients and NHS staff. The crisis has shown that having UK manufacturing is vital and has more value than … Continue reading Coronavirus – We need National Manufacturing…
US Elections – Could the Economy go Green?
Recent market turmoil in the US has increased the chances of a Democratic win in the US Presidential elections in December 2020. The Democrats are putting the ‘Green New Deal’ at the centre of the 2020 US presidential campaign. The aim of the Green New Deal is to halve US climate emissions by 2030. The front … Continue reading US Elections – Could the Economy go Green?
Time for Australia to Change Economic Strategy
Climate Change has hit Australia directly through the fires, now its time for Australia to move to a sustainable low emission economy that is not reliant on fossil fuels. The focus of the change should be reflected from moving away from GDP to a more sustainable measurement such as Living Standards or GPI
Brexit – Demanded by UK Industrial Towns
The 2019 election result offered a clear and decisive insight into how the industrial northern towns view BREXIT. They have shown a seismic shift from Labour to Conservative. 24 Labour heartland seats have been lost to the Conservatives for the first time in decades. Constituencies that have not voted Conservative for a century have switched … Continue reading Brexit – Demanded by UK Industrial Towns
The Time to Transform UK Steel?
UK steel has been struggling for years, often in the headlines for all the wrong reasons: financial distress, change of ownership, job redundancies and plant closures. This is an industry that in 1971 employed 320,000 but now employs just 15,000. The problems of the UK steel market are often blamed on competition from the Chinese, … Continue reading The Time to Transform UK Steel?
GDP growth forever is unsustainable
What the climate needs to avoid collapse is a contraction in humanity use of resources - what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed and its not the laws of nature
US proposing Wealth Tax on Super Rich
The wealth gap (measuring the wealth of the richest 10% compared to the poorest 10%) has grown considerably in the US and the UK, and has been driven by rising asset prices rather than incomes. The tax system in the US and the UK has not reflected this change in wealth source and taxes have … Continue reading US proposing Wealth Tax on Super Rich
Rebel Economics 