"Remember the heady days of 1997 and the promised transformation of British society? After 18 long years of rule by a Conservative government whose policies had led to greater prosperity, but also an unprecedented wealth gap, the Labour Party was back in office, offering a fresh start. In the early days, Blair, Brown, and their team promised a land where "wealth and opportunity are in the hands of the many not the few." Trouble is that the Labour Party's more equal future has yet to arrive. Despite the rhetoric, the inequality gap has only grown under New Labour. Measured by the income gap between the richest and poorest 20 percent of the population, it's not far behind the U.S.A., Singapore, and Portugal, which top the global list." (Newsweek, 7 January) RD
Friday, January 22, 2010
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