politics of envy

2875 days ago

Capping Pay - the madness & spite of Jeremy Corbyn

Jeremy Corbyn has today announced that he would like to cap the pay of the very rich. He did not specify exactly what the cap would be but he made it clear that this included top businessmen and soccer players.

This will no doubt win great plaudits from vast numbers of public sector workers who, these days, are the bedrock of what little support Labour has. A few - but too many - of these folks are in the 1% that Corbyn is believed to be targetting (those earning more than £164,000 a year). but most are not. They are however well paid and with far better job security and pensions and shorter hours than similarly educated and skilled folks in the private sector. And the non risk taking, state funded affluent middle classes buy into the politics of envy.

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