One of the illusions that Mrs Thatcher nurtured was that Britain was becoming a "property-owning democracy" like much of her political promises it turned out to be nonsense. 'So, an Englishman's home is no more his castle. At least, not his personally owned castle. This year, the level of home ownership among Britons is set to plunge below that of those famous renters, the French. According to EU figures, back in 2005, 70 per cent of us owned our own homes; the most recent figures stood at 64.6 per cent and falling.' (Daily Telegraph, 3 January) Capitalism promises much but so often it fails to deliver. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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