Whether it be Chile, Argentina, Britain, USA and Russia (yes Friedman was hand in hand with Yeltsin), there is one man that is common to both, Milton Friedman. An economist that believed that the market should be left to manage itself, pure aggressive capitalism. It has been proven through history that under this philosophy, only those who are already wealthy will prosper, and is usually linked with inflation, unemployment and poverty. Whether you believe in Marxism, everything does come down to money (as opposed to currency, which is just government paper), the more you have the more you can control.
Twenty years ago CEO’s only earned 10x the average worker’s wage, now that is about 200x. I don’t believe in state ownership but if you look at it from a different aspect, ‘the state’ just administered commodities the public owned. Now we own nothing due to the perpetual fear that is still perpetuated about Marxism / Leninism.
Now George Osborne want to raise State Pension Age to 70, as people are living longer and less people are paying into it. It’s because there are no jobs. HOW THE FUCK CAN YOU WORK IF THERE ARE NO JOBS.
If anything people should be allowed to retire at 60, allowing the youth to fill in their jobs. 40 years was seen enough to be able to get your full pension not 50 years.
CONTROL A COUNTRY’S ECONOMIC POLICY AND YOU CAN SET PEOPLE FREE.