A Quote by Owen Jones
Neoliberalism has left Britain's boss classes drunk on triumphalism, paying themselves record salaries and bonuses while their workers are imprisoned by poverty and insecurity. It was never going to last.
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I am not a believer in large salaries. I hold that every man should be paid for personal production. Our big men at Bethlehem seldom get salaries of over one hundred dollars a week; but all of them receive bonuses computed entirely on the efficiencies and the economies registered in their departments.
On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved.
The total amount of money that Wall Street handed out in bonuses last year was double the total income of ALL full-time minimum wage workers. That's obscene.
You cannot set salaries by decree. At the end of the day, it doesn't work with the market. What you can make sure to do is to train workers in order to make them more efficient and demand higher salaries because of their qualifications.
Coronavirus has exposed for all what many of us already knew - some of our most important workers have barely enough to live on, and millions are condemned to financial insecurity, inequality and food poverty.
Here in Britain, black people are disproportionately targeted, arrested and imprisoned for drug offences, while organised and violent crime are granted a massive source of revenue.
[French intellectuals] could never address themselves to the working classes. They don't know what it means, and that gives them a bad conscience about it. [Albert] Camus has a greater proximity to those in poverty.
Private sector unionization is down to practically seven percent. Meanwhile the public sector unions have kind of sustained themselves [even] under attack, but in the last few years, there's been a sharp [increase in the] attack on public sector unions, which Barack Obama has participated in, in fact. When you freeze salaries of federal workers, that's equivalent to taxing public sector people.
I think neoliberalism is vulnerable to protest. And it's under protest because people are beginning to realize that these austerity policies are really market-driven policies designed to punish the poor, the working classes, and the middle classes by simply distributing wealth upwards.
Much of what is today called "social criticism" consists of members of the upper classes denouncing the tastes of the lower classes (bawdy entertainment, fast food, plentiful consumer goods) while considering themselves egalitarians.
Under the regime of neoliberalism, individual responsibility becomes the only politics that matters, and serves to blame those who are susceptible to larger systemic forces. Even though such problems are not of their own making, neoliberalism's discourse insists that the fate of the vulnerable is a product of personal issues ranging from weak character to bad choices or simply moral deficiencies. This makes it easier for its advocates to argue that poverty is a deserved condition.
The gap between rich and poor under President Obama is getting bigger because fewer well-paying jobs are available. Corporations are being taxed to the hilt and are loathe to add more workers. Thus, salaries fall because there are more than enough applicants to fill any job vacancy.
Organizing gives workers the power to lift themselves out of poverty and build a better future.
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
When Benjamin Disraeli spoke of the 'two nations' in Britain he was perfectly right, only the working classes were not exactly a nation. But the gap in behavioral standards and in outlook, and of course in standards of living, were enormous. And in course of time, at least in countries such as Britain, the working classes more or less adopted and have become assimilated to the standards of the so-called 'gentle' classes. That is assimilation.The working class has hardly been able to govern, but they are no longer outsiders in relation to the state as they were before.
One journalist said that everybody in Russia is miserable. Russia is a terrible place. And I'm going to end up miserable and I'm going to be a drunk and I'm never going to do anything. I don't drink. I've never been drunk in my life. And they talk about Russia like it's the worst place on earth. Russia's great.
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