Inequality between the richest and the poorest is man-made

Inequality between the richest and the poorest is a man-made thing. Men have put it in place. Men defend it. Men can dismantle it.

A young person on a modern-day apprenticeship (learning skills that will make a day-to-day difference in our lives) earns just £3.30 an hour, £6300 a year. The starting salary for a banker (who shuffles money around whilst taking a percentage) is in the range of £35000 a year? Is that just?

Is it good that “the rich are 64% richer than before the recession, while the poor are 57% poorer”?

Where do you sit on the UK income scale?

  • If you earn less than £10000 you are in the bottom 5%
  • If you earn more than £21000 then you are in the top 50%.
  • If you earn more than £35000 (starting salary for a banker) then you are in the top 25%.
  • If you earn more than £68000 you are in the top 5%.

If it is right and just that the top 5% earn over ten times more than the lowest paid, then let’s enjoy our position.

If not, then let’s ask ourselves what we can do to make a difference.

And let’s make a new year’s resolution to start to make that difference.

References:
https://www.gov.uk/national-minimum-wage-rates
http://www.prospects.ac.uk/corporate_investment_banker_salary.htm
http://www.independent.co.uk/news/uk/home-news/britains-divided-decade-the-rich-are-64-richer-than-before-the-recession-while-the-poor-are-57-10097038.html
https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax

About Minimalist Christian

Phil Hemsley is a graduate of the University of Cambridge, and a Fellow of the Institution of Mechanical Engineers in the UK. He works for a multinational company in the power industry, has presented technical papers at international conferences and holds many patents. He has published two books, the most recent is "The Big Picture, an Honest Examination of God Science and Purpose". He has lived on both sides of the faith fence. He is married, with two daughters.
This entry was posted in A call to action, Rainbow Economy and tagged , , , , , , . Bookmark the permalink.

4 Responses to Inequality between the richest and the poorest is man-made

  1. unkleE says:

    It’s scandalous, but it seems to be that those who can make money will earn lots, those who make almost anything else earn less. This article, supported by this articlesays that wealth inequality harms the economy too.

    But what do you think we can do about it?

    Like

    • Thanks for the links. I have said elsewhere: Give a poor person money and he will spend it, because he needs to. The economy grows. Give a rich person money and he saves it, because he has no needs to meet. The economy shrinks.

      There are many things that can be done, once we have resolved to do something. Instead of following the culture of maximising income and minimising expenditure, resolve to use our resources (money and time) for the good of all.

      Lead by example
      • Always pay a fair rate to anyone who does any work for us (gardening, window cleaning, car cleaning, fixing the electrics etc.)
      • Employ someone rather than DIY
      • Be willing to pay more than the minimum when we shop, and try to shop where staff are paid a fair wage.
      • Do not employ a tax accountant. If we can afford a tax accountant we can afford the taxes that they save us.
      • Do not look for tax efficient schemes to reduce taxes. Decide to pay our fair share. (Government needs taxes to pay the people who work in the services that we want and need.)

      Spread the word!
      • Publicise the level of inequality.
      • Challenge the culture of maximum profit, in discussions and through the internet (share this post)
      • Write to the papers (local papers often publish letters more readily!)

      Influence government
      • Lobby your member of parliament
      • Vote for the right candidate. Don’t just vote for a party who promises tax cuts – vote for a party who cares

      There are several blog posts on this site that give other suggestions.

      Liked by 1 person

  2. Pingback: Time to repent. | Thoughts from a Minimalist Christian

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