IS BRITAIN A PROSPEROUS COUNTRY? OR IS HELL COMING FOR THE UK ECONOMY

 I received this comment from a friend in the UK. Its a quick read. Followed by a video by Sean Foo.

During the 1970s, in Britain, the vast majority of the population experienced food shortages; bread, sugar, salt, and flour, as well as other hardships such as electric power blackouts, no coal, and so on.

Many of the people who went through this period had parents who had been through World War 2 and all the sufferings that go with it.

Although food banks in America have been around since the mid-1960s, the UK did not see an increase in this method of food distribution until the financial crisis in 2008.

In 2022 there were almost 200 food banks and an increasing number of people using them. Today many sectors are facing a crisis with workers going on strike as they struggle to put food on the table. Poverty in the UK, it seems is rising.

This is in a period where many national and multi-national corporations are making record profits.

Is Britain a more prosperous country than it was before the second world war?

The pundits are telling us that Britain’s economy is shrinking at a rate worse than Russia's. Even the IMF is saying that this year it will also contract and not grow as previously predicted.

It doesn’t take an expert to see that although ordinary people have benefited from many technological advances, the real struggles have not been eliminated. As ever the torment of poverty still haunts them, and as always, it never touches the higher echelons of society.

There is only one thing stranger than dividing up the wealth created by corporations and giving it to a few people: trying to justify it by saying the whole creation of wealth was just the brilliance of a select few and then reward them, and try to justify such an inequitable reward, unimaginable wealth, at the expense of all others who contributed to it.

If we did not do that but utilized a portion of the wealth and gave to people to alleviate the poverty of millions, it would make a more balanced society.

A society that does not see justice in this distribution is a strange one to claim that it takes morality and social ethics seriously.

Here is Sean Foo:

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.