In UK
(Data from HMRC 2004-2005; incomes are before tax for individuals. The personal allowance or income tax threshold was £4,745 (people with incomes below this level did not pay income tax). The mean income was £22,800 per year with the average Briton paying £4,060 in income tax.
Above are the tax ranges, by population and the percentage they constitute. This income does not cover assets owned.)
The difference in earnings is not a gradual gradient, it reveals numbers that are highly polarised. This rather vulgar statistic with top 5 percent earning 60-70% of the income while the rest having to share from the trickle down scraps according to me is far more violent than the London riots few days back.
A majority of rioters took to looting, as one of the article called them 'disqualified consumers' implying, they too like most of us were consumers but having lost the power to afford had been disqualified. In the absence of any support from the student unions or intellectuals in the city who have distanced themselves from this underclass, the only form of mass unrest possible will be the one with no structure, no intent and no meaning....in complete contradiction to the student protests that took place few months back. This contradiction makes it even more important for the two groups to come together...
While David Cameron made a speech filled with hate, and the opposition Labour leader Ed Miliband seemed to be weighing words completely based on popular public opinion, one person out there somewhere makes complete sense of what happened and why...below is the video of the interview.
In such a scenario I often find myself agreeing with Kostas's argumentum baculinum solutions.
Above are the tax ranges, by population and the percentage they constitute. This income does not cover assets owned.)
The difference in earnings is not a gradual gradient, it reveals numbers that are highly polarised. This rather vulgar statistic with top 5 percent earning 60-70% of the income while the rest having to share from the trickle down scraps according to me is far more violent than the London riots few days back.
A majority of rioters took to looting, as one of the article called them 'disqualified consumers' implying, they too like most of us were consumers but having lost the power to afford had been disqualified. In the absence of any support from the student unions or intellectuals in the city who have distanced themselves from this underclass, the only form of mass unrest possible will be the one with no structure, no intent and no meaning....in complete contradiction to the student protests that took place few months back. This contradiction makes it even more important for the two groups to come together...
While David Cameron made a speech filled with hate, and the opposition Labour leader Ed Miliband seemed to be weighing words completely based on popular public opinion, one person out there somewhere makes complete sense of what happened and why...below is the video of the interview.
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