Quote:
Originally Posted by nomadking
Shouldn't Labour be cheering that somebody, eg Sir Jim Ratcliffe of INEOS, can go from a council house to being a self-made billionaire. Although he did benefit from going to a grammar school.
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Why would a party that aims to improve wealth & opportunity equality celebrate such an individual? He represents all that is morally bankrupt the current system:
UK's richest man moves to Monaco to 'save £4bn in tax'
---------- Post added at 10:39 ---------- Previous post was at 10:35 ----------
Quote:
Originally Posted by Mick
People who sit on their arses do not deserve distributed wealth, which is what this Labour clown MP was advocating
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You mean like the wealthy who inherit millions/billions so they can just "sit on their arses" and do nothing.
---------- Post added at 10:42 ---------- Previous post was at 10:39 ----------
Quote:
Originally Posted by jfman
The whole idea of people making billions is a failure of capitalism. If there's that level of income and profits in an industry competition should arise and drive prices down.
Of course we sold nationalised industry on the cheap to allow these profits to arise in markets where no genuine competition exists. Yay!
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People making billions is a not a failure of capitalism, rather it is the natural apex in evolutionary terms. With a fully deregulated economy with low taxation, market forces will allow these individuals to appear & prosper.