Extractive capitalism: Britain has been a high-inequality, high-poverty nation for most of the last 200 years, with significant consequences for life chances, social resilience, and economic strength
Extractive capitalism: Britain has been a high-inequality, high-poverty nation for most of the last 200 years, with significant consequences for life chances, social resilience, and economic strength
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>That these two key measures of social fragility have moved in line is no surprise. History cannot be clearer: poverty and inequality are critically linked.
If you’re going to set your poverty threshold at 60% of the median income then of course it’s going to be linked to inequality – that’s how you have defined it…
And after stealing land, labour and resources from vast areas of the world. Quite some work.
For it’s entire fucking history ffs.
The UK is driven by poverty, pain and suffering while the rich live in grotesque luxury. How do people not see this. The UK flag might as well have “Fuck You” written across it.
There’s been people talking about this since 1848, and it is worth reading about it. It doesn’t surprise me that yet another proof that capitalism is shit has come out, but it’s nice to have the extra resource.
Well I’m sure the next election will make all the difference.
It won’t get any better while we keep Tories in power.
One of Britain’s greatest thinkers, Karl Marx, wrote that the industrialists must be regulated for their own good to prevent “overfishing” and thus depleting the supply of wage labourers. And when the working classes undergo periods of immense suffering, there are token reforms, which will soon be rolled back.
That’s about as far as I read. What happens at the end?
Is that Capital book read in schools, as it is an analysis of contemporary British society?
But it knows that and happily votes for more of it.