One of the illusions fostered by politicians and the media is that we live in an era of growing prosperity wherein the gap between the rich and poor is gradually diminishing. Figures produced by the Institute for Fiscal Studies show that exactly the opposite is occurring. "Yet the rising prosperity resulting from three decades of economic growth has not been shared evenly. After tax, the richest 1 per cent of households claimed 3 per cent of total income in 1977; that proportion has trebled to 9 per cent, the institute found." (Times, 4 June) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
-
Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria... -
Ecuador's President Rafael Correa said Washington must let him open a military base in Miami if the United States wants to keep using an...
No comments:
Post a Comment