RIP UK! The sun is finally setting on Britain! The good days are over!

[GemState]

The Tory wet dream is to be a bigger UAE & Saudi Arabia.

By rewarding, empowering and amplifying key centres of economic power, Covid-19 has helped coalesce a certain model of capitalism that we term “rentier nationalism”. This seeks to capture the reassertion of the nation as an economic unit and “imagined community”, but also to specify the main beneficiaries of this mutation: asset-owning households, financial elites, platforms, and outsourcing contractors. A distinctive type of national capitalism is emerging, based around a larger state, with higher levels of public borrowing and spending, especially on healthcare; an electoral base made up of older homeowners and ultra-high-net-worth donors; para-governmental industries of public service providers and digital platforms; and an unstable combination of labour market “flexibility” and tight immigration control.

 

[HiraanBorn]

The Tory wet dream is to be a bigger UAE & Saudi Arabia.

By rewarding, empowering and amplifying key centres of economic power, Covid-19 has helped coalesce a certain model of capitalism that we term “rentier nationalism”. This seeks to capture the reassertion of the nation as an economic unit and “imagined community”, but also to specify the main beneficiaries of this mutation: asset-owning households, financial elites, platforms, and outsourcing contractors. A distinctive type of national capitalism is emerging, based around a larger state, with higher levels of public borrowing and spending, especially on healthcare; an electoral base made up of older homeowners and ultra-high-net-worth donors; para-governmental industries of public service providers and digital platforms; and an unstable combination of labour market “flexibility” and tight immigration control.

So what does this mean in the long-term?

 

[GemState]

So what does this mean in the long-term?

More inequality, more renters, more seasonal/temporary workers.

 

[bidenkulaha]

The Tory wet dream is to be a bigger UAE & Saudi Arabia.

By rewarding, empowering and amplifying key centres of economic power, Covid-19 has helped coalesce a certain model of capitalism that we term “rentier nationalism”. This seeks to capture the reassertion of the nation as an economic unit and “imagined community”, but also to specify the main beneficiaries of this mutation: asset-owning households, financial elites, platforms, and outsourcing contractors. A distinctive type of national capitalism is emerging, based around a larger state, with higher levels of public borrowing and spending, especially on healthcare; an electoral base made up of older homeowners and ultra-high-net-worth donors; para-governmental industries of public service providers and digital platforms; and an unstable combination of labour market “flexibility” and tight immigration control.

This will fail miserably. They will be out of government for a generation. Labour benefit from more renters. The Tories are running down the NHS so won’t even have pensioners to rely on

 

[GuanYu]

This will fail miserably. They will be out of government for a generation. Labour benefit from more renters. The Tories are running down the NHS so won’t even have pensioners to rely on

Honestly, for me paying pension is a waste but I ain't got no option to not pay it so

Maybe if am alive by the time am 92 ill benefit from the £20/week they'll give me

 

[AbrahamFreedom]

More inequality, more renters, more seasonal/temporary workers.

There is always going to be inequality because many people, for their selfish reasons, refuse to be employed. How can they be equal to those who are the tax base? Actually they use up the overwhelming majority of the safety net so it's everyone else that faces the real inequality. They are the real elite because in other countries, they wouldn't have survived. They take no risks in life and are awarded for it by taxpayers.

More renters? Were the welfare recipients hoping for home ownership? Banks do not give mortgages to welfare recipients and rightfully so. These people were always going to be renting. Or are you suggesting the banks give renters who have no income a mortgage for taxpayers to pay?

I know many seasonal and temporary workers. It isn't necessarily a bad thing. Many people prefer this arrangement either to have more free time or because its flexible and can actually mean better pay. Many on seasonal and temporary contracts are middle class or even upper middle class. There needs to be a level headed discussion on seasonal and temporary contracts.

Note that these people in this thread, many who hate the UK and the west and want it to be destroyed, demand a very generous welfare state from them at the same time. So hypocritical.

 

[GemState]

There is always going to be inequality because many people, for their selfish reasons, refuse to be employed. How can they be equal to those who are the tax base? Actually they use up the overwhelming majority of the safety net so it's everyone else that faces the real inequality. They are the real elite because in other countries, they wouldn't have survived. They take no risks in life and are awarded for it by taxpayers.

More renters? Were the welfare recipients hoping for home ownership? Banks do not give mortgages to welfare recipients and rightfully so. These people were always going to be renting. Or are you suggesting the banks give renters who have no income a mortgage for taxpayers to pay?

I know many seasonal and temporary workers. It isn't necessarily a bad thing. Many people prefer this arrangement either to have more free time or because its flexible and can actually mean better pay. Many on seasonal and temporary contracts are middle class or even upper middle class. There needs to be a level headed discussion on seasonal and temporary contracts.

Note that these people in this thread, many who hate the UK and the west and want it to be destroyed, demand a very generous welfare state from them at the same time. So hypocritical.

The UK now has 8 of the ten poorest counties in Western Europe, and regional inequality is worse than the north-south divide in Germany & Italy. It's also got one of the worst housing market, affordability & quality wise, in the entire world. All of this is due to get much, much worse. The country is fucked BECAUSE of 12+ years of Tory leadership

The pound was worth 2 dollars in 2006, and people actually wanted a UK post in their international companies. Now it's at risk of sliding into Spain level of stagnancy.

 

[Al-Ma'mun]

Welfare state improves GDP or are you that stupid.

@AbdiFreedom is from Alberta most probably like the Trump wannabe Conservative leader in his profile picture.Alberta is basically America-lite, they have terrible healthcare,education system and infrastructure and pay very little or no provincial tax whatsoever.

 

[Macquul ah]

I'm against both left wing and right wing economics.

My economic theory is low tax and very high regulation.

I'm pro small/medium business and anti corporate-capitalism so my economic theory is that large corporation should be broken up by force by the government and make strong anti-trust laws to stop monopolies, eg; Google will not be alllowed to buy Android etc.
The more competition the better for consumers and overall economic health.