Society has almost always been hugely unequal. Here’s why it’s getting worse now

Cash bonanza: the rich are taking everything from you because they can – the brakes that were applied for 70+ years after World War II have been taken off and you can’t do anything to stop it (apart from vote for politicians who’ll tax rich people more).

It’s another winner from Gary Stevenson.

Let’s watch the video clip and I’ll analyse it below:

First off: Gary says the last 70 years or so, since the Second World War, are the exception to the norm – and the norm is massive inequality between the rich and the poor.

Low inequality and high living standards in countries including the UK was not normal. Here, it was a result of demand by the generation that won the war; they insisted on a better deal (epitomised, perhaps, by the phrase “Homes Fit For Heroes”) and they got it. But that generation is dying out now, so it seems the ruling classes have decided to take back what was given to those people.

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Gary doesn’t mention this but I think it’s worth saying: our rulers gave higher equality and better living standards to a generation of the rest of us – in gratitude for helping them survive that war (perhaps), and are now taking those things off us again.

That indicates that those generations of us who had a chance to make the change permanent… squandered it. That should shame everybody who is suffering increased poverty now.

Gary reckons the inequality is returning because a small number of people with a lot of power – meaning riches – can use that power to dispossess a lot of people of any that they have. This we can see is true, because the law-makers in Westminster have been persuaded by rich lobby groups to sell public assets to them, making it possible for them to charge ever-higher prices for the use of those things – as Gary as also discussed in the past. This means that, for the poor, everything has become more expensive and that money has gone to the rich who were able to buy up the assets in the first place.

How did governments prevent the rich from reinstating inequality for the 70 or so years after WWII? High tax rates.

Gary is saying that advanced nations need high tax rates – or the system falls apart. We end up with huge numbers of people suffering very poor living conditions. This doesn’t help the rich, because poor living standards make poor workers; high living standards make healthy, well-motivated workers producing excellent products that make everybody wealthy.

It isn’t rocket science but it seems to elude the rich. I think it’s because a more level playing-field makes it possible for poor people who are more intelligent than them to take their places.

Look at Boris Johnson. That guy went to Eton and Oxford and couldn’t think his way out of a paper bag.


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