Showing posts with label capitalism out of control. Show all posts
Showing posts with label capitalism out of control. Show all posts

Tuesday, 21 June 2011

Chief executive pay to FTSE 100 companies shoots up in last decade, time for nationalisation ?

The pay of FTSE100 Chief Executive's has risen by 343% in the last decade. it is revealed today. This shocking statistic is sign that despite the poor and the working class being hit with harsher and harsher cuts to their standards of living with the rich capitalists trying to regain the money they used to bail out their banks which failed they are increasing their wealth even still.

It is a disgrace that pay to the rich goes up while pay to the working class is being cut. Where is the fairness in that ?

It isnt that's why. It is capitalism which enables this to happen. The system that is designed so the wealth of a few is concentrated at the top while the workers suffer through exploitation and austerity measures.

Well enough is enough really under a socialist society the top 150 top monopolies many are in the FTSE 100 will be brought under nationalised democratic workers control to be used for the benifit of society not the few rich fat cats at the very top.

This would include the banks where this is rife and allow the workers to control the finances of the country for the betterment of the mass's. Funding schooling, health care, transport and decent affordable housing for all. There is clearly more than enough money going around in this country for us all to live a decent standard of life. We are not asking for the earth as socialists but a fair life for fair pay and a end to discrimination and exploitation.