We ARE all in this together!

Discussion in 'General Discussion' started by BlythPower, 28 Oct 2011.

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  1. BlythPower

    BlythPower Member

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  3. Oswyntail

    Oswyntail Established Member

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    Yup. After a decade of being encouraged to be irresponsible by their chums in the Labour Government, some company directors are behaving like prats. It will take a little while for this ship to be turned round.
    And, yes, I am serious.
     
  4. Paul Sidorczuk

    Paul Sidorczuk Veteran Member

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    It was interesting to see the chart layout of the top-paid 5 CEO with comparisons of total earnings (£), share price growth, profit growth.

    Tesco, under Sir Terry Leahy, show a share price drop of 10.5% yet a proft growth of 11,3%. Rather hard to understand this.
     
  5. ANorthernGuard

    ANorthernGuard Established Member

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    Here we go..Lets blame Labour, most CHUMS are blue b****rds always have been always will be, I cannot wait for the results of the Next Election when hopefully the Tories will be wiped off the map (Yes I do despise the Tories and so should every working class person in the country) (In My Opinion) of Course

    An Opinion that I will NEVER Change

    (Did I mention I hate the Tory S**m)?
     
    Last edited: 28 Oct 2011
  6. HST Power

    HST Power Established Member

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    Every working class person in the country should despise the Tories?

    You clearly didn't look at my constituency when you made that particular allusion.
     
  7. Zoe

    Zoe Established Member

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    Labour are not much better though.
     
  8. HST Power

    HST Power Established Member

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    Wow, I had you down as a staunch Labour supporter! :lol::lol:
     
  9. Zoe

    Zoe Established Member

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    Not the current party which is basically Tory Lite. They are effectively no longer the party of Attlee.
     
  10. 12CSVT

    12CSVT Established Member

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    Should we expect any different ?

    We're in the second year of a Tory government.
     
  11. Greenback

    Greenback Emeritus Moderator

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    It's hardly startling news. The pay for those at the top has soared over the last couple of decades, far outstripping the rises that ordinary workers get.

    Unfortunately, ther eis nothing that can stop the merry go round of greed.
     
  12. klambert

    klambert Established Member

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    Joy another two to go, I would rather a Tory Lite government than the full fat version.
     
  13. kylemore

    kylemore Member

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    It will be difficult to "turn round" a sinking ship!
     
  14. Mojo

    Mojo Administrator Staff Member Administrator

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    In what way is the Government is responsible for private enterprises paying their top brass large wage packets?
     
  15. Greenback

    Greenback Emeritus Moderator

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    It's not. But then again, maybe it shouldn't make silly comments like 'we're all in this together' when we clearly aren't, and never have been.

    I don't blame any government for the wage rises. I don't blame the executives for accepting them. What I do question is a greedy capitalist system which allows such increases at a time when the rest of us are told we are lucky to get 1 or 2%, if anything at all.

    One thing I noticed with oen organisation I worked for was that non executive directors would approve/recommend pay awards for very senior staff. The non execs were usually very senior executives with other companies, the whole thing stank.
     
  16. Oswyntail

    Oswyntail Established Member

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    I do not think it is capitalism per se that is at fault - it does seem to be the most efficient system for benefiting the most people to the greatest extent But there does seem to have been a sea change in recent decades - and, yes, I do believe it was accelerated under New Labour - where the idea of personal and social responsibility has been lost. The purpose of business is not simply to "make money" but to do so in a productive and useful way (as most major economist thinkers from Smith onwards seem to have believed). The gambling we see on money markets does not meet these criteria.
     
  17. Greenback

    Greenback Emeritus Moderator

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    I agree, hence my use of the word greedy to indicate Iw as not criticising capitalism on this occasion, more the way it is applied int hese situations.

    I believe the change began in the 1980's, and yes, i think it accelerated under 'New' Labour - who seemed to jump n the free market bandwagon with glee - and has continued to accelerate despite the change of government and the economic difficulties post 2008.

    And that is the difficult, if not inexplicable part of the situation. The ordinary working person sees their cost of living rising faster than their pay, they are told that times are tough for everyone, yet then stats like these come along!
     
  18. ajax103

    ajax103 Established Member

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    In the same mould that Conservatives are no longer the party of Churchill.
     
  19. Zoe

    Zoe Established Member

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    I am not referring to the fact that Attlee is no longer the leader of the party but that the direction of the party has significantly changed since then and as I have said before Labour have now abandoned many of their socialist principles. How many Conservative principles have the Tories abandoned?
     
  20. HST Power

    HST Power Established Member

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    Well right wing conservatism has certainly taken a blow with the departure of Liam Fox.
     
  21. Oswyntail

    Oswyntail Established Member

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    It is easy to forget that traditional Conservatism is not the harshly right-wing stuff of the John Redwood school; it is concerned mainly with helping all sectors of society, just as with the traditional ethos of the Labour Party. The chief ethical difference between the two parties - traditionally - has been between individual responsibility and state intervention. The "Grass roots Tories", sipping their whisky, frothing about Europe and making plans for renewing the death penalty are as much a self-parodying tiny minority as the "Labour Activists", plotting in their cells the overthrow of capitalism and the eradication of the aristocracy. There is much common ground, but the public portrayal of the parties is based on stirring up conflict. This is why I applaud the coalition experiment. And why I believe that trying to portray Cameron simply as a rich toff who has no idea about real people is not helpful and intensely counter-productive.
     
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