“To found a great empire for the sole purpose of raising up a people of customers, may at first sight, appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers, but extremely fit for a nation whose government is influenced by shopkeepers."
Another complex support package was unveiled last week by Chancellor Rishi Sunak to help us through the difficult winter ahead. HM Treasury is certainly proving its creativity at present, following on from the furlough scheme which runs its course until the end of October.
However, there is one key thing which makes all this possible; as Professor Joseph Stiglitz, the world-renowned economics professor from New York, said last week on BBC’s Question Time. It’s the way the United Kingdom Government has, for many decades, used employers as its agents for distribution and collection of statutory payments.
So please READ ON .. as this week we consider the unpaid service that employers provide to the state, and the flexibility that they have to demonstrate as we battle our way through the virus emergency.
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Welcome to Gavin Oldham's full presentation describing his vision for egalitarian capitalism.
The main set of proposals are as follows:
Egalitarian Capitalism is an alternative to socialism which, while fostering and encouraging enterprise for all, acts to involve and empower people right across society and especially the young.