Sunday, 9 September 2012

If Piketty and Miliband are to be believed ...

... then all is lost, our suffrage an illusion.

Piketty wrote ...

"… inheritance will eventually matter a lot pretty much everywhere - as it did in ancient societies. Past wealth will tend to dominate new wealth, and successors will tend to dominate labour earners." (1)

... whilst Miliband writes ..
"the dominant economic interests in capitalist society can normally count on the active good will and support of those in whose hands state power lies."  (2)
Therefore all our politicians, no-matter what the colour of the politics, are not going to change the lot of the working man and woman.

(2)  Miliband, R. (1969) The State in Capitalist Society. London: Weidenfeld and Nicolson, page 145).

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