We are told by politicians and political commentators that although we live in tough economic times "we are all in this together". This touching sentiment seems a little difficult to grasp when we read about how two members of the capitalist class are coping with the economic situation. "News International boss James Murdoch has declined a $6m (£3.7m) bonus, citing the "current controversy" over phone hacking at the News of the World. His father, News Corp boss Rupert, received a $12.5m (£7.7) bonus. His total remuneration for the year to 30 June was $33.3m (£20.5m), up 47%. James Murdoch saw his pay packet rise 74% to $17m, but said declining the bonus was the "right thing to do". (BBC News, 2 September) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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