Posted by: aboutalbion | March 18, 2014


This is the time of the year when the UK’s public finances are in the spotlight.  Budget Day is tomorrow.

But yesterday, the long-established UK charity, Oxfam, sought to provide some background context to the Chancellor’s work

In a report entitled “A Tale of Two Britains”, Oxfam claimed that the evidence showed that the wealth owned by the poorest 20% of the UK population is the same as the wealth owned by the UK’s richest five families.

I feel that those people in the public square who take it upon themselves to identify and label others as ‘extremists’ should make sure that their definition of ‘extremism’ is fit for purpose.

Here’s a quote from Oxfam’s director of campaigns and policy: “It is deeply worrying that these extreme levels of wealth inequality exist in Britain today, where just a handful of people have more money than millions struggling to survive on the breadline.”

I don’t envy the UK Chancellor of the Exchequer tomorrow as he delivers the Budget for 2014-15 and beyond.  The Oxfam evidence highlights the reciprocity of freedom and equality.  The more (legal) freedom that a citizen has, the less (economic) equality between citizens is seen to occur.  Freedoms are strongly correlated with inequalities.  Historians believe that nature has a way of bringing extreme inequalities to a close, and sometimes this end has been observed to be extremely abrupt.

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