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Corbynomics: A Dystopia

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Comments

  • Alan_Brown wrote: »
    There is certainly an element of parasitic behavior when supermarkets use their financial might to drive down the price they pay to farmers and to then increase the price they charge the consumer.

    https://www.theguardian.com/environment/2011/jul/02/british-farmers-supermarket-price-wars

    In this case, the parasite risked killing the host (i.e. the dairy farmer)

    The beneficiary is the consumer who gets goods that have been sourced and distributed efficiently. I love the way your attitude is that it's all about the producers - supermarkets should be run for the benefit of the farmers and others whom they pay, rather than for the benefit of the paying customer.

    It's exactly this attitude that informs Labour's view of the public sector. When a filthy hospital kills thousands they want it hushed up to protect the reputation of the hospital; when GCSE grades are fiddled upwards Labour leaps to congratulate the teachers.

    Well, all that's coming to an end. With abject loonies running tut Labour Parteh, much will be done about all this over the next three or four Parliamentary terms.
  • LHW99
    LHW99 Posts: 5,375 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Alan here thinks that there should be higher taxes on "the rich" (= anyone who earns more than Alan).
    To dispel any more nonsense about income jealousy, I'm paid just over £80k a year and I think this is an adequate income to be comfortable in the UK. However, I don't fool myself that I'm wealthy.

    When the median UK salay is £27,531 and the average for London is £48,023 (2015 figures) I think a good proportion of the country would regard you as wealthy Alan.
  • Absolutely. It's always other people's money Labour objects to. And wants to take.

    So Alan's looking at people on Corbyn money to pay for everything, Corbyn's looking at "banksters", and so on.
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 13 September 2016 at 7:05AM
    Of course they produce something. By making it possible for people who fund companies to sell that stake on, they make it likelier that such people will back businesses to begin with. If you couldn't sell your equity stake in a company or sell on its debt, you wouldn't fund the company. Equity traders are essential.

    There are, in contrast, constituencies in which over 70% of the population quite literally live off the state in the form of either benefits or the public sector.
    What about the black economy then?
    There are thousands of people in this country who dont pay their correct levels of tax. So many 'businesses' ask for cash in hand as payment. Why do you think that is and are they parasites? Well funded, efficiently run public services are a sign of a healthy country.
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You've never been to Merthyr Tydfil then?

    My girlfriend is acutely embarrassed that large sections of her Welsh family (across several generations) have never worked a day in their lives; they're all in receipt of one benefit or another and have no interest whatsoever of having to put any effort into either feeding themselves or their children or keeping a roof over their heads.

    Absolute nonsense and so judgemental about other people. You should never generalise in this way. This post is an example of your predjudices about people not reality.
  • Moby wrote: »
    Absolute nonsense ... an example of your predjudices (sic) about people not reality.

    I'm sorry but it is your post that is nonsense.

    You need to wake up and smell the coffee. There is no prejudice whatsoever; I have met these people and experienced for myself what they are like... they have never worked a day in their life and have no intention of ever doing so.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'm sorry but it is your post that is nonsense.

    You need to wake up and smell the coffee. There is no prejudice whatsoever; I have met these people and experienced for myself what they are like... they have never worked a day in their life and have no intention of ever doing so.

    All of them are malingerers who dont look after their children and have never worked a day in their lives.....really! Have a word with yourself. Its bigotry to generalise about people in this way. I wonder what 'they' say about you.
  • Alan_Brown wrote: »
    There is certainly an element of parasitic behavior

    Keep digging that hole...

    No doubt the police, armed forced, county court judges and lets not forget politicians are all parasites by your absurd definition? Especially that Corbyn bloke although for many people he's the gift that keeps on giving and at least produces some entertainment value. :D
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Moby wrote: »
    All of them are malingerers who dont look after their children and have never worked a day in their lives.....really!

    Yes they are, it's quite incredible that you have never met them but apparently know better than me or my girlfriend what they are really like.

    It obviously offends your sensibilities but you need to get out more... there really are lots of people like that in this country!
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Of course they produce something. By making it possible for people who fund companies to sell that stake on, they make it likelier that such people will back businesses to begin with. If you couldn't sell your equity stake in a company or sell on its debt, you wouldn't fund the company. Equity traders are essential.

    There are, in contrast, constituencies in which over 70% of the population quite literally live off the state in the form of either benefits or the public sector.


    Companies can be funded by bond issues. Shares can divert the company from long term strategies that improve the health and strength of the company to short-term strategies that improve the stock price and the wealth of individuals. So much money taken out of the company and distributed to people, the majority of whom did nothing to further the growth of that company.

    I speak from experience. I invested one of my pensions completely into BP on the day before the Brexit vote. A few days later I split this investment between BP and Glencore. I made £26k in 2 weeks and did absolutely nothing to further the growth of either of those companies. I cashed out and banked the money having done nothing to earn it.

    As to your comment about benefits, I would like to see some proof as your figures seem incredible (incredulous?) What I do know is that the benefit bashers would be the first people marching if their access to free health was taken away and they had to pay for their own cancer treatment, beggaring them and wiping out their hard-earned savings in the meantime.

    You seem to be one of the deluded people who think they have more in common with the 1% richest, who hide their wealth overseas than with the bottom 20% who have no wealth to hide. You seem to have deluded yourself that you are wealthy and the benefit system is for 'the poor people'. You're not and it's not.
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