Part of this wealth creation needs to be wealthy distribution. No point if wealth is created for only a few people
VOOLUL on
I’ll believe it when tax boundaries move with inflation.
johnmytton133 on
Fucking lmao.
Guy says last week he’s a socialist, this week he’s about wealth creation.
lookatmeman on
There has been massive wealth creation. The trouble is it is increasingly decoupled from needing labour putting it into the hands of the top 1%. If AI causes a bigger landside in that direction it will completely break the current system which already cannot cope.
man_in_the_suit on
I wish the environment was their top priortiy. Keep kicking the can down the road and damning the next generation.
MC897 on
I think Reform are going to do very very well in the next election.
Not this one, but almost certainly the next one.
Scattered97 on
The top priority should be wealth *redistribution*, but that’s far too Stalinist for Keir.
mitchanium on
For who though?
I wouldn’t mind some specifics at this point.
Szanox on
Wealth creation is most important. not eliminating mass immigration and skyrocketed rape, theft, knife/ gun crime.
RoddyPooper on
Sounding more like the Tories everyday. We need wealth distribution more than wealth creation.
Cyrillite on
OK, ordinarily I would be for this and in principle I still am. It’s a vital pillar of a good life for us all.
HOWEVER, we’ve reached a level of fundamental inequality such that the lion’s share of wealth creation goes to rather tiny minority of asset rich people. The old middle class has been wiped out by this process. Until that’s fixed, wealth creation speeds up inequality, unlike previous times where everyone got richer and relative levels of inequality stayed more or less constant
WE ALSO need to address fiscal drag.
Innocuouscompany on
Basically the key phrases for the the British public are things like “aspiration” and “financially free”. Ultimately they mean nothing because for those that seek such things the money they have, is never enough so they’ll keep living beyond their means and trying to make more and more gaining assets maybe but owning very few of them.
Efficient_Steak_7568 on
The one thing that will never ever happen is billionaires and big corporations being taxed properly, so the government will never truly represent the people
CastleofWamdue on
Sounds like late with the party of buy to let landlords to me
TheDoomMelon on
Yeah so this is a Labour Party how? If you want to be a neoliberal centrist party merge with the libdems or form your own like Chuka. Don’t purge the left wing and offer this limp dick raft of shite policies to replace the tories.
StupidMastiff on
We’ve never had a problem creating wealth, just who benefits from it.
16 Comments
Part of this wealth creation needs to be wealthy distribution. No point if wealth is created for only a few people
I’ll believe it when tax boundaries move with inflation.
Fucking lmao.
Guy says last week he’s a socialist, this week he’s about wealth creation.
There has been massive wealth creation. The trouble is it is increasingly decoupled from needing labour putting it into the hands of the top 1%. If AI causes a bigger landside in that direction it will completely break the current system which already cannot cope.
I wish the environment was their top priortiy. Keep kicking the can down the road and damning the next generation.
I think Reform are going to do very very well in the next election.
Not this one, but almost certainly the next one.
The top priority should be wealth *redistribution*, but that’s far too Stalinist for Keir.
For who though?
I wouldn’t mind some specifics at this point.
Wealth creation is most important. not eliminating mass immigration and skyrocketed rape, theft, knife/ gun crime.
Sounding more like the Tories everyday. We need wealth distribution more than wealth creation.
OK, ordinarily I would be for this and in principle I still am. It’s a vital pillar of a good life for us all.
HOWEVER, we’ve reached a level of fundamental inequality such that the lion’s share of wealth creation goes to rather tiny minority of asset rich people. The old middle class has been wiped out by this process. Until that’s fixed, wealth creation speeds up inequality, unlike previous times where everyone got richer and relative levels of inequality stayed more or less constant
WE ALSO need to address fiscal drag.
Basically the key phrases for the the British public are things like “aspiration” and “financially free”. Ultimately they mean nothing because for those that seek such things the money they have, is never enough so they’ll keep living beyond their means and trying to make more and more gaining assets maybe but owning very few of them.
The one thing that will never ever happen is billionaires and big corporations being taxed properly, so the government will never truly represent the people
Sounds like late with the party of buy to let landlords to me
Yeah so this is a Labour Party how? If you want to be a neoliberal centrist party merge with the libdems or form your own like Chuka. Don’t purge the left wing and offer this limp dick raft of shite policies to replace the tories.
We’ve never had a problem creating wealth, just who benefits from it.
[The wealth of the UK’s billionaires has skyrocketed by over 1000% between 1990 and 2022](https://equalitytrust.org.uk/news/press-release/equality-trust-finds-1000-increase-billionaire-wealth/#:~:text=The%20wealth%20of%20the%20UK's,increased%20by%20almost%20%C2%A3150bn.)