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Working harder to stay in the same place

How come, when I produce so much more today, my wages never rise, I work ever longer hours, even my wife now has to work and the cost of living always rises? Who is getting the gain from my extra work. And where will it all end. When will I be able to spend more than Sunday morning with my kids? When will I get a life? How about this explanation from one of our members?

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Of course class still matters – it influences everything we do

In today’s Observer, veteran commentator Will Hutton discusses class in Britain. But as usual, he fails to mention the underlying reason for the entrenched class divide. Nobody really wants to talk about it. The rift goes back a long way, centuries, to the Norman Conquest and perhaps before that. There are those who own land and can live off rent, at no effort. There are the rest, who must...

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Wages and productivity

One of our members was asked recently, “How come, when I produce so much more today, my wages never rise? I work ever longer hours, even my wife now has to work and the cost of living always rises. Who is getting the gain from my extra work? And where will it all end? When will I get a life?” This is why: as productivity rises, earned incomes, in the form of wages and interest, fall...

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The British wealth gap

The gap between rich and poor people in the UK is one of the widest in the developed world, according to a study by OECD reported in the Daily Telegraph. No surprise there. A commentator on the BBC mentioned the huge amounts of taxpayers’ money being spent on wealth redistribution. A goodly chunk of this money comes from the poor in the first place and is just churning in the system. Nobody...

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Labour announces new social equalities panel

Family background is the most important factor in determining the quality and length of someone’s life, Hariett Harman, the Labour deputy leader will say in a speech to the Trades Union Congress today, suggesting that class “overarches” racial and sexual inequalities.

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