Another unmentionable word in the Queen’s Speech: wealth

May 10th, 2012

Apart from assuring us that the government’s main objective was economic stability – the stability of the graveyard it seems in this government’s case – the only other significant things in the Queen’s Speech were what it didn’t contain, not anything it did contain.   Nothing about housebuilding, an infrastructure bank, reviving manufacturing, boosting capital investment, QE to bolster youth employment rather than the banks, or anything that really needs doing.   And nothing about 1% versus the 99%.   The inequality in wealth in Britain today is on a staggering scale, and it’s not even mentioned.   So let’s start with the facts, grace of the Sunday Times Rich List rather than Treasury data – even the evidence of the distribution of wealth has been privatised. (more…)