Newspapers are fond of depicting a Britain with a steadily improving standard of living, but occasionally even they have to confess about the realities of modern capitalism. "The cost of heating a home has rocketed by 63 per cent since the summer of 2008, while essentials such as potatoes and minced beef have surged by 30 per cent and 50 per cent respectively. Over the same period wages have grown by only 6.8 per cent." (Times, 1 December) They then go on to report that during this period wages have been corroded by a 14 per cent rise in inflation. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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