UK: The 2018 State of the Nation ReportWealth in Gt. Britain
Household Debt
Deprivation
Working Poverty, Child Poverty
Energy and Food Poverty
Homelessness
Housing Crisis
Social Care
Public Services
Public Finances
Wages and Savings
Inequality
Education
Next Generation
Conclusion
The state of the nation is laid bare in all of these statistics. For all but those who are affluent and have future prospects, it’s about falling wages, rising debt, deprivation, poverty, societal meltdown and dramatically worsening public finances and liabilities along with worries for the next generation that nothing will change in future. It has led to frustration, anger and social division. It should be noted that there is no report produced in Britain that calculates the percentage of people or households that are collectively affected by the statistics in this report. Approximately half of all households in Britain receive benefits or are dependent on benefits of some kind.
On becoming PM of Britain, Theresa May spoke of the “burning injustices” of British society, and her heart seemingly went out to the “ordinary working-class families” who “just about manage”. Standing in front of No 10, she promised that “the government I lead will not be driven by the interests of the privileged few but by yours.”
It was also clear that the Conservative governments of David Cameron and Theresa May were well aware of the disaster that had unfolded after the financial crisis which created a crisis of daily life for almost one half of society. Austerity was their answer. None of the key performance areas in terms of Britain’s overall well-being is getting better.
The state of the nation is laid bare in all of these statistics. For all but those who are affluent and have future prospects, it’s about falling wages, rising debt, deprivation, poverty, societal meltdown and dramatically worsening public finances and liabilities along with worries for the next generation that nothing will change in future. It has led to frustration, anger and social division. It should be noted that there is no report produced in Britain that calculates the percentage of people or households that are collectively affected by the statistics in this report. Approximately half of all households in Britain receive benefits or are dependent on benefits of some kind.
On becoming PM of Britain, Theresa May spoke of the “burning injustices” of British society, and her heart seemingly went out to the “ordinary working-class families” who “just about manage”. Standing in front of No 10, she promised that “the government I lead will not be driven by the interests of the privileged few but by yours.”
It was also clear that the Conservative governments of David Cameron and Theresa May were well aware of the disaster that had unfolded after the financial crisis which created a crisis of daily life for almost one half of society. Austerity was their answer. None of the key performance areas in terms of Britain’s overall well-being is getting better.
Footnote
Neoliberal Ideology......
Neoliberal capitalism is an economic theory that was simplified in its terminology so everyone could understand it. ‘Trickle down economics’ was what it promised.
Capitalism is an economic practice. Neoliberalism is a philosophy about how societies in which that practice capitalism should be managed. It would have worked in Britain if, like all things in life, it was carried out in moderation. But it wasn’t. This report demonstrates how this form of capitalism is now creating huge societal problems.
There is no disputing that neoliberalism brought us the financial crisis, which sti
Whichever bit you choose to read is grim.
This country is in a serious mess.
This could as easily go in 21st century capitalism.
https://truepublica.org.uk/united-kingd ... on-report/