They're perfectly okay with pain as long as it's someone else feeling it!

It makes me so argry to see the rich getting richer, while the poor continue to struggle. As a Public Sector worker myself, I know first-hand how we are being shafted by those in power. I see it and feel it. As my local MP, the fabulous Mhairi Black pointed out very clearly, It's not a Cost of Living Crisis. It's a Cost of Greed Crisis. Æ 🤬

@janetmalcolm6191

10 ай бұрын

Well she is one to say it exactly like it is. No bullshit from her.

What can you say? I'm speechless!! Didn't we always know this? Vote Tory for a poorer life.

@MrBannystar

10 ай бұрын

And vote Labour to have nothing at all lol

@brianrobinson7984

10 ай бұрын

Both parties are funded by the same people so there really is no difference between them. Don't vote for either.

@jake751

10 ай бұрын

Same applies with labour now under starmer.

@seamuspadraigsanders431

10 ай бұрын

Yeah we're actually doing well minus inflation, which was pro EU bank of England's own goal.

@davidalexander2607

10 ай бұрын

​@@MrBannystarany party is better than the nasty party ..people like you keep this lot in power .

Profiteering from war should rightly be a capital offence, profiteering from any crisis like the previous pandemic, should be a capital offence. Hold these criminals to account.

@dazjackson1972

10 ай бұрын

Most of their profits came about due to millions of idiots believing all the bull - then running out to buy masks and testing kits. Let's not forget the "safe & effective" golden goose either.

@lamueldagon7618

10 ай бұрын

100%

@jimshotrod2519

10 ай бұрын

unfortunately they got away with it........money given to mates of mates to circle back round into trust funds for their children - thieves

@leet3207

10 ай бұрын

Imagine if that did happen then none of the wars in the mid east would of taken place and Ukraine wouldnt be at war. But as Major General Semdely Butler famously quoted war is a racket an that was 100 years ago. Nothing much has changed just the propaganda techniques

@martinbroomhead2646

10 ай бұрын

​@@jimshotrod2519p81😅

These people now make me feel physically sick. The lies and hypocrisy seem to be the only thing there is no shortage of.

Can we all just take a moment to appreciate how eloquently put that was by Rivkah. Phenomenal 😮💯

@damienirving1436

10 ай бұрын

I 2nd that motion.

When the pay of bankers increases they take with both hands.

Even Andrew Pierce sees it, the whole thing is stomach turning, it has to change. Owen nailed it.

@BuddyBoy68

10 ай бұрын

Yeah, I was surprised at that. When Andrew Pierce starts speaking up for the working class, you know the game is up for The Tories. The next General Election is going to be devastating for them and that's well overdue. 🙏

There is absolutely, positively, no cost of living crisis, there is absolutely, positively, a cost of greed crisis. Sad times....

‘Cost of capitalism crisis!’ Rivkah nailed it. And yes, Captain Tom doing another lap in heaven is the next Tory gimmick.

@stewie7338

10 ай бұрын

She is incorrect. Nothing to do with capitalism. Here is the rub it was people like Julia Hartley-Brewer, Isabel Oakeshott that repeatedly warned of the dire consequences of lockdown, massive quantitative easing and the Net Zero tax/profiteering scam. Both are also Brexiters i.e. voting for political change. Let's remind ourselves of Novara and its acolytes position. Vote to Remain along with massive corporations i.e. vote for the status quo, want to overturn the referendum result along with the establishment (wow those Novara radicals). Push for endless lockdowns, applaud the printing of money and want more Net Zero. Massive corporations also support open borders and mass immigration.. cheap supply of labour, no need to pay training costs.Where is Novara and its acolytes on this subject.. wanting more of this. Rivkah was right in one sense.. they are laughing at us/you... the modern identity driven Left winger is a useful idiot for the elites. Still on the bright side BP did put the rainbow flag in its logo so you can take that as a win comrade✊

@dazjackson1972

10 ай бұрын

Aye, we all love a bit of playground communism.

@gregc.5684

10 ай бұрын

@@dazjackson1972- Go back to GB News, Mor*n.

@stewie7338

10 ай бұрын

@@dazjackson1972 Hi Daz - imagine repeats of Citizen Smith with the Tooting Popular Front being shown today. Wolfie being played by middle class luvvy Robert Lindsay was a Fulham fan mocking the middle class fan base however hardcore Leftie Hugh Grant is also a Fulham fan. No one on Novara would realise it was a comedy... they'd think it was a fly on wall documentary series.

@dazjackson1972

10 ай бұрын

@@stewie7338 This channel is comedy gold. I'm almost tempted to become a Patron - just so I can make some mischief.👍

Nail on the head right there. A cost of capitalism crisis.

@watchalot919

10 ай бұрын

It's the only system that works. Owen Jones has created great wealth off the back of capitalism in order he can proclaim he is a socialist. Our government is weak and useless, however what is waiting in the wings is a hundred times worse. Please please please, let's have a proper right wing government with some common sense policies

Corporate profiteering is what was the largest driver of inflation, and bosses have had massive pay rises.

@DrSomhairle

10 ай бұрын

One thing I forgot to say is we should heavily tax excessive pay and also wealth/assets. And close loopholes that allow the very wealthiest avoid tax.

@davidyoung5830

10 ай бұрын

Correct SSE bosses salary went from £1.7 million in 2017 to £2.9 million in 2020 and £4.5 million on the back of increased profits again in 2023!

@DrSomhairle

10 ай бұрын

@@davidyoung5830 and they still pay very little tax despite the increase in profits!

Tax the rich until the pips squeak...only way👊👊

@AH-vm8yo

10 ай бұрын

The French had a great way of dealing with this when their rich didn't comply.

@thevalkyrie8

10 ай бұрын

And then the rich leave the country and you all go down 👏🏻

@sinthoras1917

10 ай бұрын

Just expropriate them entirely. Break the power of capital for good

@jimtoye2844

10 ай бұрын

​@@thevalkyrie8Why would we all go down? Their money leaves the country as soon as they get it, it goes to their bank accounts in the Cayman Islands.

@goldfinger-9992

10 ай бұрын

I agree,, yet you can’t, it’s all going offshore and will continue to be, they just invent and manufacture new pips to squeeze from us. Profit is profit.

Effortlessly easy to say "don't ask for pay rises" when your base salary is £495,000 and you're handed a payment in lieu of pension of £99,000. And all in the knowledge that as an absolute minimum the revolving door will ensure you can saunter into a role paying orders or magnitude more once you're done consigning thousands into homeless survival on the street.

@daleviker5884

10 ай бұрын

Why don't you aspire to become a CEO then? What sort of game plan is it to spend your life at the bottom moaning? Start a business, or learn a trade, like millions of others do. If you want to work for wages all your life that's your call. No one is born with the words "victim" stamped on their foreheads, but some people just naturally gravitate there because it requires no effort.

Well said Rivkah! National Insurance and VAT disproportionally affect the majority of working people, and the low taxes on unearned income and profits don't apply to funds channeled into offshore tax havens (A Brexit bonus) by the very wealthy.

@sarangistudent8614

10 ай бұрын

A cost of leaving crisis

Ridiculous. And those CEO salaries don't include bonuses, shares, and other perks

It's mathematcially absurd that below inflation pay rises are fuelling inflation. It is even more absurd when retailers and corporations are profiteering. Naomi Klein's Shock Doctrine is well worth reading as are the rest of her books.

@MichaelSmith-ns8ow

10 ай бұрын

It's to force people to sell their home's or take out loan's to live.

@SStone-dm7es

10 ай бұрын

Moss, bros, don’t grow on a rolling hunt.

@user-ks1hp2pb5g

10 ай бұрын

It's not absurd in their heads, they utilize the PC model when it comes to CBing. Higher employer by their definition is always problematic and is seen as the cause of inflation. This needs to be quashed by causing mass unemployment.

@JugglinJellyTake01

10 ай бұрын

@@user-ks1hp2pb5g Question, 'higher employer' do you mean higher employment? Neoliberals like to keep unemployment at 2% or more so there are more workers to take the jobs and therefore reduce the bargaining powers of workers/unions. I'm not sure what you mean by CBing and PC model.

Greed-flation sums it up for me. Profiteering because they can.

@jjefferyworboys8138

10 ай бұрын

If you could, you would too !

@davidmcculloch8490

10 ай бұрын

@@jjefferyworboys8138 Don't judge everyone by your standards, or theirs? Actually I'd join the patriotic millionaires.

@annabelcleare138

10 ай бұрын

⁠@@jjefferyworboys8138nope. I would also join the patriotic millionaires.

@jeremijakrstic1968

10 ай бұрын

@@annabelcleare138 There's a cost associated with idealism. If you patriotically allow the gov to tax you higher, you have to either cut on employment expenses, and that includes everyone's pay, or your business's financial ability to support itself during crises, maintain normal operations, deliver in terms of R&D. In the other words, future proofing goes down the drain. From my experience regarding small and medium businesses, it's usually all of these aspects. Hence, it's just resigning from being competitive, turning a business into a sitting duck, someone will shoot once the opportunity appears. What happens next, is quite obvious - less competition = higher prices. The problem with 'tax the rich' is, if that was about to happen, they will very likely make a stunt, defining every household with gross income of more than £50/60/70/80/£90k(?) as 'rich'. Every attempt of taxing the rich, I remember, ends up with rapidly increasing prices, erosion of middle class and misery of working class. The question no one's asking is, if that's what we need to do, how do we do it, to make it work? Then, how taxing the fact cats will make one's salary/wage higher? It's not as obvious as it seems, especially if one's perspective/opinion is based upon wishful thinking.

It's been the same the past 2 years in my own work. They made a fortune during COVID, paid 1.5 million to their shareholders yet we got a measley 3% pay rise. The company also received 600k in government grants. The year after COVID we got the same pay rise but the company made even more money and have the shareholders 2.5 million this time. We do all the bloody work, they reap the rewards. The shareholder payouts were double what the entire company wage bill is for 1 year. I wouldn't mind so much if our pay at least kept up with inflation but it never ever has. It's always below. Each year we get worse off and how can it be right that a company pays so little that loads of the employees have to rely on universal credit top ups to live whilst the company can pay out 2.5 million in dividends? Essentially the state is subsidising those profits.

@loganmedia1142

10 ай бұрын

And then they'll lie and claim they're obligated to pay money to shareholders. The reason this happens of course is because the corrupt executives and board members are themselves major holders of shares. The whole thing is completely crooked.

I think all politician's should legally make minimum wage.

@Bdoc76

10 ай бұрын

I understand the sentiment behind this silly.proposal.

@EE16SVT

10 ай бұрын

but then there wouldnt be any politicians.... but that would be a good thing. Theyre just greedy corrupt freeloaders anyway.

@jennibennett9724

10 ай бұрын

A politicians wages should be tied to the average wage in their constituency (and no second jobs allowed), and they have to live full time in their constituency. Then they might start to actually invest in wages, public transport, childcare, education...etc when they have a direct investment in people doing well.

@allsearpw3829

10 ай бұрын

That seems fair .

@sicilianknicca_mickygreeneyes

10 ай бұрын

yes and thier lives should be forfeit if caught in wrong doin

ONLY the Tories could argue with a straight face that a pay increase leads to a wage decrease. Economics is difficult. Impossible even, bc even economists don't ACTUALLY understand it... but inflation pressure from increasing wages ONLY happens bc of competition for resources. Essentially "bidding wars" But there isn't SCARCITY on these resources. There's ONLY corporate greed reflected in corporate profit growth that EXCEED inflation. It doesn't take a genius to figure that shit out. Arrest some CEOs, maybe cut a few heads off for treason and all of these issues will MAGICALLY be resolved (not joking, war profiteering should be a capital offence, as should profiteering during the pandemic. They're literally damaging national security...) "but they'll take their business elsewhere!" Will they? Does ANYONE think corporations will refuse to make profit if they are making less profit? These companies operate in nations whose currency is worth a FRACTION of our own, and they manage just fine. They'll happily do business in communist China, but we're supposed to believe they'll refuse to do business with a social democracy if they have to pay a few % more in tax? It's a fucking joke.

@keithpanton7486

10 ай бұрын

Indeed, tell Amazon they don't get to operate in the UK unless we start seeing millions more in tax, and watch them start paying, rather than cutting off access to 60 million customers.

@CYCHIATRIC

10 ай бұрын

Agree. And the capitalist class only understand force. That's why a lot of them have bodyguards. They know they're taking the piss.

@richardhowlett4097

10 ай бұрын

Spot on there. The tories have totally ruined this country by buying from China, India, Turkey and Morocco, to name but a few countries, because the goods are cheaper and the profits greater for the investors. Even pension funds gain from them, or the people running them do. It's time to change the way the top people are paid. No one person is worth a £70 million bonus after the company made huge profits. That was the amount the CEO of Persimmon homes pocketed a few years ago. I bet the bricklayers, plasterers and all the other, actual workers got sweet eff hall for their contribution to it. The tax on that would have been 50% so he still would have £35 million. The tax should be more like 90%, he would have still got £7mill. 16% of £3.5 mill is over half a mill. 16% on a £40000.00 salary is £6400.00 not much difference between them is there? Only 28 workers annual salary! It is obscene. That would pay a lot of nurses a decent wage rise, which they deserve.

@duncansmith7562

10 ай бұрын

"but there isn't scarcity on (of?) these resources" the whole basis of economics is scarcity. with no scarcity, there is no price mechanism. paying a "few more % in tax" is what led to dramatic falls in corporate tax revenues when so many corporations made Ireland their HQ. Ireland's gain, rest of Europe's loss, all due to your brilliant idea of "a few more % in tax".

@bluceree7312

10 ай бұрын

Economics are not a science - its mostly speculation based on history. Unlike physics and maths that can predict outcomes based on theories and equations - economics is a guessing game at best and speculation with people's lives at worst.

How on EARTH are they STILL blaming wages for inflation when wages haven't budged for over a decade?

@260bossute

10 ай бұрын

it is a convenient cover story for the corporate world to maximise profits. No politician will bite the hand that feeds them, so I wouldn't hold your breath on change.

@fatdaddy1996

10 ай бұрын

Because facts don't matter. The narrative matters.

@paddymeboy

10 ай бұрын

Economic illiteracy. Real wages haven't increased, but people keep chasing increases in their cash wage which fuels inflation.

@paddymeboy

10 ай бұрын

@@fatdaddy1996 Clearly the facts don't matter to you! None of you understand the first thing about the issue or economics in general.

So the rich get richer and the poor get poorer whatever happens. Which naive fool said it's Rigged!? Oh, that would be me and anybody else with their bloody eyes even half open.

As I said on Owen's channel, when Pierce agrees with you, either you're doing something very wrong, or they're doing something very, very wrong.

@harveydean7952

10 ай бұрын

As a Guardian journalist Owen has form when it comes to hedging his bets.

“ We are not living through a Cost of Living Crisis but a Cost of Capitalism Crisis .” NEVER HAVE TRUER WORDS BEEN SPOKEN .

Did I hear The Daily Mail guy actually agreeing to tax the rich more ?!

All so true. We are being simultaneously shafted and gaslighted into thinking we are responsible.

So what are we all going to do about it? The UK is pathetic we just lie down. The BP and energy issue alone is pissing me off beyond words. Energy Crisis - The Energy companies make record profits. Somethings not right.

In Belgium, salaries in both the public and the private sector follow the evolution of inflation …and Belgium has one of the lowest inflation rates in Europe. Maybe the BoE and the UK government should abandon their dogma re keeping salaries as low as possible in times of high inflation.

We are slaves to the rich. Just say what it it.

@suzannebouse8747

10 ай бұрын

It’s called a class system

So true we are liveing through a capitalist crisis it's disgusting

It's really sad. My new boss got promoted to CEO, and gave himself a massive pay rise, and is showing it off (recently bought an Aston Martin, which is worth at minimum double my yearly salary), meanwhile I was denied a pay rise when I asked for one after explaining that I was struggling to pay the bills because "there [was] no money right now". Of course, there's money to give YOU a pay rise though...

@jamesgravil9162

10 ай бұрын

Reminds me of a scene in The Simpsons, where Homer goes into Mr. Burns' office to ask him for some money. Burns replies that he can't because he's "strapped for cash." A moment later the ceiling above him collapses, showering Mr. Burns in a huge pile of gold and jewels. Burns looks embarrassed and says "yes... as you can see, this place is falling apart!" In another episode Burns and Smithers talk solemnly about how they're going to have to make cut-backs, because it's "been a very lean year for us." Then they start laughing and throwing money at each other. That's capitalism in a nutshell.

@howardjones7370

10 ай бұрын

@@jamesgravil9162: I’m sure Matt Groening is happy on minimum wage! 😆

Thw unions need to get their members to stand up and demand that if the CEO gets a 16% payrise, then thats what all workers in that company should get. If the company try and say" its not all monetary, pay of the rise is shares issued to the CEO" they unions should say well give all your workers shares to take their payrise to the same level.

He was literally salivating at the idea of poor people not getting a wage rise. These people really are caricatures aren't they?

These bank executives need to be monitored

And don’t forget the King’s 45% pay rise next year

Cambridge grad precariat here. Just been through a massive fight to get to appeal for PIP (autism/adhd and cptsd) when i first got my DLA i was handed a lifetime award as i was disavantaged in a way which would never change. When PIP came in i was removed from lifetime award and told that the option didn't exist any more (it does) my money was reduced by about 50% and then i had assessments. Each time it was denied for longer. First to reassessment. second to mandatory reconsideration. and this latest time to appeal. In the appeal i learn i should have been higher rate the whole time i have been on PIP but the backpay only goes from when the DWP took me off PIP entirely. Since then there have been delays at every stage of communicating the decision and at every stage of resolving the payments and at every stage. Every stage. i have been given wording which i have to scrutinise (as an autistic person, so this is in my eyes discrimination) to find out where the loopholes are and make sure that what i think is going to happen is actually what is going to happen. I have been bamboozled a lot. i have not been successful. My skill profile is variable. Autism equals peaky profile anyway. but also when something goes wrong things snowball. I hyperfocus one crisis and don't see the next developing. But i have a new long term war to fight already. I have been denied the therapy I need on the NHS and even with my PIP back i cannot afford the kind of therapy i need even if you were to pay all my other expenses for me. So i'm paying for a substitute and fighting for my right to the real thing as a citizen of the UK. I expect this fight to be around five years long. maybe after that in my mid to late 40's i can think about starting to build my pension. except I'm again going to be fighting misinformation in the world of work. More cost from more greed. It was never a cost of living crisis. it was always in every way from brexit to privatisation to pandemic a cost of GREED crisis.

@richardhowlett4097

10 ай бұрын

These are the Tory methods to impoverish the under paid and claimers of benefits. Vote them out and never allow them to ruin the country ever again.

ppl are offing themselves but we want to sit here and point out what the government is corrupt...its been like that since feudal times. we need to DO something. they work for us, we pay their salaries and allow them to drive ppl into the ground

and yet they still vote for rich people policies lol

@Winter_Of_Civilisation

10 ай бұрын

Honestly hope that if we get a labour government it will change things, I’m open minded.

@keelferm

10 ай бұрын

because the rich control the media.. which is why Byline Times, Novara media etc ... unfettered (from capital) media is so important... a labour govt should be making laws preventing such media controls, but will it....?

@tommyclegget3335

10 ай бұрын

​@@Winter_Of_CivilisationI hope so too. But I feel Tony Blair will be pulling the strings behind the scenes under a Kier Starmer government, and Blair has been saying very questionable things recently regarding invasive policies and other things. Not to mention the whole Iraq thing which already shows his character. I miss Jeremy Corbyn😢

@farazvfx

10 ай бұрын

haha - so many hopes. Its well document on Novara that Kiers will maintain the status qou. The fact that listeners ignore it and "hope" is a complete joke.

@paddymeboy

10 ай бұрын

And unfortunately, criticising these people will not 'wreck' them; it will not hurt them in the slightest,

Why not deliver the message to the Tories and Bank of England. Let them lead the pay cut first

@jackdeegan3617

10 ай бұрын

Do people realise that MPs have had pay rises 10 times since 2010 amounting to a 30% + increase, or just over £20k.

@jjefferyworboys8138

10 ай бұрын

@@jackdeegan3617 This year it was 2.7%, the year before 2.9% and the year before that zero. I pleased I didn't get so little aren't you ?

@jackdeegan3617

10 ай бұрын

@@jjefferyworboys8138 £20k + increase in salary in 13 years isn't exactly little to most people, And all expenses paid. Maybe it's little to you!.

And in the meantime we seem to expect that they’ll suddenly have a crisis of conscience…….neeeeever gonna happen. We need to pull together. I want hard working doctors to earn better but their strikes are hurting the wrong people. Train strikes, hurting the wrong people, teacher strikes, hurting the wrong people. How do we hurt them and I’m not suggesting physical violence, I mean what mass action can we take without hurting each other? One example would be an agreed date when tens of thousands of us refuse to pay our TV licence or our gas bill. I don’t know if that would work but we have to do something to stop them feeding on us

@richardhowlett4097

10 ай бұрын

I totally agree, something should be done to shake these greedy bastards up.

Just read today that MP'S are giving themselves pay awards when they get voted out. The hypocrisy this lot give us us a joke. I hope they can stand in front of their maker and say the same. Sack em all

Owen is damn good at pointing out how broken our system is

This is because bosses are given rises and bonuses for screwing over workers.

@jjefferyworboys8138

10 ай бұрын

If you think your skills are undervalued, get another better paid job, how hard can it be ?

@richardhowlett4097

10 ай бұрын

Indeed, a few years ago, the ceo of persimmon homes was paid around £70,000,000.00 in bonus. The houses weren't even finished to the proper standards and the prices were still astronomical! These practises should be eliminated. No one person deserves that kind of bonus. I don't give a shit what position they are in a company, it should have been shared with the sub contractors and workers too!

"Some of you may starve, but that is a sacrifice I'm willing to make." I'm genuinely curious if these people know what demons they're conjuring. A population that cannot prosper, that stagnates and in many nation's case even significantly lowers their quality of life without any true perspective for an improvement of the situation, has never led to stability. Not once in human history.

The answer isn't to tax them it's to overthrow them and seize the means of production.

@jjefferyworboys8138

10 ай бұрын

You want something for nothing then ?

As long as the people we vote into power have rich friends, As long as the people you voted for can be bought by the rich, The system will always favour the rich

We have to remember that the UK is such an equal society that 0.5% of the population controls 90% of the wealth and assets. As has been said the UK is a group of poor nations with a few exceedingly and obscenely rich people living in them

Talk to landlords about not raising rents would be nice

@tonyb9735

10 ай бұрын

Many small landlords didn't. I did not raise my rents for almost 4 years during the pandemic and the cost of living crisis. It didn't seem appropriate. In the end, I was forced to raise my rents when the BoE raised interest rates to the point where I was actively losing money. Landlords are just people. You cannot generalise. There are good ones, and shitty ones, just as there are good tenants and shitty tenants.

@LordWalsallian

10 ай бұрын

My Landlord hasn't raised mine in 3 years and said he won't as he doesn't need to right now as he owns the houses and the land he has outright. No mortgage liability. I'm pretty damn lucky. Buy to Let was always going to be a dangerous and punishing policy for renters.

@alfsmith4936

10 ай бұрын

​@@tonyb9735No.. You are a business. You are there to make money and you know some is better than none. You should stop trying to play the victim to your victims.

@ianashton1593

10 ай бұрын

@@alfsmith4936I own one rental property and like the person you are commenting about I haven’t raised the rental for a number of years. The property is only a few years old and maintained regardless of cost. This year I’m replacing the boiler which is going to be in excess of £3K, the windows will need replacing within the the next two to three years because the originals were not the best quality which will be around £9K. Yes, it’s business and long term I’ll maybe make some money but if you think all landlords are raking it in at the expense of their tenants you are kidding yourself. Gas safety check can be added to the list of cost along with boiler servicing and any other remedial work required, legionella testing, electrical safety testing, buildings insurance, all of which costs. My current tenant is a hardworking single mother, she was told there was no way she’d get a council flat or house for years and like many others would be homeless if it weren’t for private landlords. Also, many council flats are very poorly maintained and not to the standard private landlords are held to. Loads of people are selling their rental properties because they are losing money due to high interest rates and increasing legislation which is supposed to protect tenants. Ultimately it’s just adds more cost which gets passed on. If you want to have a go at anybody it should be the government for not building enough affordable property for first time buyers. If it weren’t for private landlords there would be far more homeless people living on the streets than there already are.

@tonyb9735

10 ай бұрын

@@alfsmith4936 I'm just a person trying my best to get by in the world. I wasn't born into money, I left a state comprehensive at 16 with 5 'O' levels. I worked hard and saved money to invest in my future so that I wouldn't have to rely on the Tories when I got old or sick. After getting ripped off by banks and pension companies, I invested my savings in property. It's my pension. I am not playing a victim, nor am I ashamed of what I have done. Indeed, I am proud of what I have achieved. My homes provide a service to people, and I try to be a good landlord and a fair one. You sound like a person with a massive chip on your shoulder, tbh, that's your problem, not mine.

The money is there. So with yet more news about the greed of bosses I thought I’d give my take on the reality of pay in the U.K. here it is… Last year, after nine years working for BT I left. It also marked the first time in my life I have ever been on strike. You see the BT management during the usual round of pay talks indicated that, during a cost of living (cost of greed) crisis there was just no money for the workers. They were flat broke for workers’ pay. I’m completely unrelated news the had also paid out £700 million to shareholders. £700 million. £700,000,000 I went in one day when others were on strike and the disdain I witnessed from some of the managers was absolutely disgusting. If the workers and union members had been there they’d have probably organised a mass walkout till BT apologised. It was disgusting, especially when you remember how the workers kept working during Covid when they could, with others working from home. This year some of those loyal workers were advised they’d be replaced by AI chatbots. Good luck with that. After all, it worked so well with outsourcing customer services roles didn’t it? The truth is the money is there. Royal Mail also tried this shit with their staff after paying out £400 million in share dividends, with fears they could declare the letters part of the business bankrupt to just keep the money making parcels bit. Making hundreds of millions in profit simply not being enough for them. The money is there. Over the last few years the Tories have wasted so much money it’s ridiculous, I calculated that it’s between 220-250 billion, including, discarded PPE, fraudulent bounce back loans, track and trace, the failed Covid app, Boris Johnson’s legal fees, Priti Patel’s bullying settlement, Eurostar’s settlement, Universal Credit fraud, the bankrupted council as a direct result of having to make risky investments due to council funding cuts. The money is there. What is happening is the establishment since 2008 has closed ranks, shutting people at the bottom out as they funnel ever more money to the top whilst feeding crumbs to the masses, all the while telling us we’re wasting money whilst they piss it away with crypto scams, banking failures and stock disasters like the GameStop/AMC debacle as they try to destroy good businesses whilst funding fraudulent and dodgy ones like Wirecard, FTX, Nikolai Trucks, Celsius (whom I believe has now been charged and is no longer alleged) Greensill Capital. The money is there, these greedy bastards just don’t want ordinary people to have it. Rant over.

I have been following you guys for years....I appreciate your content so much, it always gave me hope to listen to you calling out the injustices in our society. Lately however it just makes me feel powerless and depressed; it's the same stuff over and over again, we know this has been going on for ages, and yet, there seems to be nothing to do. Praying for a new election to come soon and hope to have a government that is slightly less bad than this one seems to be the only option - nothing to get too excited about.

@RankinMsP

10 ай бұрын

💯🎯

@davidcooper1761

10 ай бұрын

I agree . same old words being said ...complete reform is needed but that won't be allowed to happen will it now !

@richardhowlett4097

10 ай бұрын

If we vote in a new government, we don't need another tory leader like that two hat starmer.

The lot of them are just a bunch of lying corrupt criminals that should be held to account and throw in jail

They are laughing at us because all we do is complain about it and not mobilise real action that makes the difference. The people we vote for to enable the action we need are in the pockets of the rich.

Add in the cost of outright greed. Great report. Thanks.

Why don't they take a PAY CUT DOWN TO NURSES LEVEL ❤

@alfsmith4936

10 ай бұрын

It's the easiest way to end the strikes but good luck getting the greedy to accept the wages of the needy.

@jhareng

10 ай бұрын

I would have loved a 300% pay rise in 30 years but i aint public sector that answers to no one.

If only politicians would follow their own advice... no problems with them getting there bonuses or wages rise

Excellent video. Excellent points.

The average British workers and their families were actually better off way back in the 1950s [and so much happier] - I know, as I was there! The cost of living was easily affordable, although luxury items were expensive - as they are now. There were no so-called "high earners", especially in football and other sports.

4% of f all is not a lot .16% of a few million means that the increase for the CEOs is bigger than most peoples total wages.

Even Andrew Pierce agreeing with him! Jesus!!!

Something weird has just happened and I may have to lie down and take stock. Owen said something I agree with. That's a new experience for me😂. It's not inflation caused by too much disposable income swashing around. It's greedflation. They are peeing on us and telling us it's rain. It's sheer capitalistic greed. IMO. What I find most incredible of all is when energy companies tell us they "have" to put prices up by so much. Like they have no choice other than to hold us all to ransom and make mind boggling profits. The rich feast at the table and we're supposed to be grateful for the crumbs that fall under the table. I remember times when wages and profits were more fairly spread. But there's no such thing as trickle down economics anymore. It's all dammed up at the top.

While they blow taxpayers money like its going out of fashion , and line their own pockets in oil and faulty goods etc

Rishi is so rich he could literally do his job for free and it wouldn’t affect his life whatsoever. Think of the kudos he would get if he agreed to do that and it would make no difference to his life. Think about it. And he won’t even do that. Tells you everything you need to know.

No moderation in politicians pay rises.

I'm old enough to remember the government saying the exact same thing in the 1970s, wage increases will only cause inflation. All the while we could see shares rising, company directors giving themselves huge salary increases and even MPs voting for more money.

@janetmalcolm6191

10 ай бұрын

Yes been round this block before! Pay has gone up too much for bosses etc. Nothing ever done about it.

I suggest that in many cases, paying this much for a boss is a complete waste of money. Removing bosses from most organisations would have little or no discernible impact. The oft heard cry that quality needs to be paid for is bullshit. When quality nurses and teachers have to resort to industrial action simply to be paid fairly for the quality they represent, they are told they are being unreasonable.

Attempting to blame inflation on those asking for a pay rise is just a way of turning working people on each other again, rather than blame the government for their mismanaged of the economy, ie price gouging and big bonuses, huge profits. Then telling hard working public sector workers they can’t ask for a wage rise while paying themselves above inflation raises. It’s crazy! Tax the rich until they are no longer rich and see how they like it!!! Amazing by Rivkah Brown

yes, yes a million times yes. Everyone I interact with or view content speaks sense in a similar way. How can we be so many in numbers, yet struggle to get our way come voting day?

This fitting statement '' Cost of Capitalists crisis'' should be nailed on the door of the Bank of England hopeless Governor.

The Institute of Directors wouldn't have it any other way, why? 'We've NeVeR HaD It SoOo GoOd!'😂

Great statement by Rivkah Brown about this. This, like the environmental crisis is a cost of capitalism crisis. We are not all in this together. It's us against them.

So, pay goes up, then interest rates goes up. Round and round it goes until pay can’t go up anymore and then we have record homelessness and civil unrest.

@BENTWOONEZERO

10 ай бұрын

Pay always goes up , IEarned 75p to do a paper round in 1975. Now I would earn more.

I usually skip the second half commentary for these news clips but this one was really strong today

Whos going to spend more money in their local shops 1000 people with £1000 in their pocket or 1 person with £1,000,000 in theirs?

Well said Owen and Novara team..

the real cause of inflation is corporate profiteering which has been shown to be the number 1 contributor to inflation

Bailey gets 12,500 a week is talking about working class wages.

@jjefferyworboys8138

10 ай бұрын

The manager of Manchester City FC gets £330,000 a week !

Well said Rivkah Brown.

I’m 70 years old it’s all ways been the same Them and us all ways have been all ways will be it will never change it’s nothing new 😡

Spot on❤

I loathe Jeremy Hunt...he didn't know what he was doing as Health Secretary and he doesn't know what he's doing as Chancellor. This Tory Government needs to end...13 years of mismanaging every single thing it's done. Not that I have much faith in Labour either after their last stint in Government. The whole system is broken in every way possible.

We are equal, but some are more equal than others.

He’s the true freedom fighter! I want an Owen Jones cup ? 😊

It's a well known fact that inflation in Chile, for example, was purely down to the inflation busting pay rises the general population were receiving. They were living their best life. The Tories used this pay rises fuell inflation trope back in the 70s. Strangely excessive profits and Director/banker's pay rises are not inflationary at all.

When there's an oil crisis but the oil companies are raking in the money. When there's a housing crisis but the corporations buying up all the houses are getting richer. When there's a cost of living crisis but every company that provides goods and services that contribute to the cost of living are all making record profits. The crisis is the companies. It's simple greed. If all these companies kept their profit margins the same, inflation would have been about 5-7% in most countries. Which is manageable, considering that it might have been about 4% if covid never happened. Instead, they all saw the news articles saying that supply issues from the covid lockdowns might make things more expensive until the supply side of things gets back up to pre covid levels, and they jacked up their prices simply because people had been primed to accept the idea. Then, trying to convince companies to lower their prices after they got used to increased profits is about as hard as convincing them to do something about climate change.

meanwhile MPs give themselves a 10% payrise

Well said

And the point of telling this is?? No one will do anything about it.. Together we stand, divided we fall

🎉🎉🎉...Bloody brilliant report. Smashed it out the park Novara.

Love to see Rivkah again, her landlord video was stella

Taking with both hands… beautifully put!

Great stuff

Didn't see the politicians saying they were going to pass laws and regulations to dismantle the monopolies and oligopolies to help with inflation

So why did MPs increase their wages? Surely they should have led the way They should have cut their pay and reduced their expenses.

The average person on the street is being taken for a ride , you cant say fuel costs have gone up so you have to pay 3 times more for your energy… and then these said energy companies have record profits ?? How does that work?? Wake up everyone !!!

Keep on keeping on. Thank you for making this video and fighting the good fight, which seems an eternal one...sigh...

Most top earners are paid in share dividends which don't get taxed anywhere near what they should be.

Random comment Women have always been the backbone of the union and Labour movement As we go marching, marching In the beauty of the day A million darkened kitchens A thousand mill lofts gray Are touched with all the radiance That a sudden sun discloses For the people hear us singing Bread and roses, bread and roses As we go marching, marching We battle too for men For they are women's children And we mother them again Our lives shall not be sweetened From birth until life closes Hearts starve as well as bodies Give us bread, but give us roses As we go marching, marching Unnumbered women dead Go crying through our singing Their ancient call for bread Small art and love and beauty Their drudging spirits knew Yes, it is bread we fight for But we fight for roses too As we go marching, marching We bring the greater days For the rising of the women Means the rising of the race No more the drudge and idler Tender toil where one reposes But the sharing of lives glories Bread and roses, bread and roses (Bread and roses, bread and roses) Our lives shall not be sweated From birth until life closes Hearts starve as well as bodies Bread and roses, bread and roses

About right I’m starting to really this country

Cost of capitalism. Riot!