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Landeur 🏴󠁧󠁢󠁥󠁮󠁧󠁿
Landeur 🏴󠁧󠁢󠁥󠁮󠁧󠁿@Landeur·2d
We are literally governed by communists now. The worst people of our society have been granted power with no election and no mandate. Britain is a banana republic. Bond market, please do your thing. Burn it all to the ground so that something better may rise from the ashes.
GB Politics@GBPolitcs

🚨NEW: Alison Phillips, currently a member of the board at Hope Not Hate, has been confirmed to join Andy Burnham's No 10 as Director of Transition

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naz@AlgorithmicBot·2d
@Landeur worse x.com/ZynxBTC/status…
Zynx@ZynxBTC

The UK has a far flatter income distribution than the Communist Soviet Union. The UK take home minimum wage for working a full time job (40-hours) is now £22,555. At £100k salary, the take home is £68,558. That is a net income ratio of 3.04:1 We are now at the point where the wage compression and taxes in the UK means that the difference between minimum wage and a top 5% salary is a net income difference of only ~3x. In the USSR using the same comparison, this figure never fell below 5:1 It's actually even worse in reality because the person earning £100k in the UK often has student loans. Britain is nominally capitalist but functionally communist. China is nominally communist but functionally capitalist. Funny how that works.

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