Showing posts with label world. Show all posts
Showing posts with label world. Show all posts

Wednesday, 25 July 2012

‘Britain’s Atlantis’ found at bottom of North sea — a huge undersea world swallowed by sea in 6500 BC

Rob Waugh
dailymail.co.uk
July 5, 2012

‘Britain’s Atlantis’ – a hidden underwater world swallowed by the North Sea – has been discovered by divers working with science teams from the University of St Andrews.

Doggerland, a huge area of dry land that stretched from Scotland to Denmark was slowly submerged by water between 18,000 BC and 5,500 BC.

Divers from oil companies have found remains of a ‘drowned world’ with a population of tens of thousands – which might once have been the ‘real heartland’ of Europe.

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Monday, 23 July 2012

First China, Then The World: UN Uses China As Launchpad For Global One-Child Policy

Jurriaan Maessen
Infowars.com
July 23, 2012

Contrary to popular belief the original architect of China’s brutal one-child policy, instituted as official state policy in 1978, was neither Mao Zedong in a power-drunk whim, nor a Party-sadist hatching eugenics in some sub-level torture chamber. According to anthropologist Susan Greenhalgh in her study Just One Child: Science and Policy in Deng’s China the inspiration for the tyrannical move by the Chinese Communist Party was inspired first and foremost by the Club of Rome and its UN affiliates in the early 1970s.

Greenhalgh points out that the infamous policy “had roots in missile scientists’ exposure to and import of Club of Rome population concepts through international conferences in the 1970s.”

In 1978, a group of Chinese scientists visited several scientific conferences in Europe, and readily picked up on the ideas distributed by the Club of Rome. At the head of this Chinese delegation was a man credited for introducing China’s notorious one-child policies, source of so much hardship suffered by the Chinese people in the last decades. Robert Zubrin, senior fellow with the center for security policy, published an op-ed in the Washington Times, reaffirming that Greenhalgh’s study is correct. Zubrin wrote:

“In June 1978, Song Jian, a top-level manager in charge of developing control systems for the Chinese guided-missile program, traveled to Helsinki for an international conference on control-system theory and design. While in Finland, he picked up copies of “The Limits to Growthand: Blueprint for Survival”- publications of the Club of Rome, a major source of Malthusian propaganda – and made the acquaintance of several Europeans who were promoting the report’s method of using computerized “systems analysis” to predict and design the human future.”

In fact, the “missile scientists” dr. Song Jian and company, visited several conferences in Europe in the 1970s designed to further the glory and prestige of the People’s Republic of China around the world. They picked up and further developed several methods to calculate population rates on blueprint models used by the Club of Rome to calculate their scams into creation.

The Club of Rome, a think-tank emerging in the late 1960s out of the back alleys of the post-WW2 eugenics movement, was meant from its very conception to be a beacon of light to which all environmentalist ships were supposed to navigate. Its creators knew that the green movement they had set out to create, was specifically designed to blame man for the supposed predicament the earth was in. As a consequence the number of people should be reduced lest the earth crumble under his crushing weight. The only thing to be done, the Club argued, was for a global body of power to enforce depopulation goals as decided upon by the global elite.

In 1972, the self described “group of world citizens, sharing a common concern for the future of humanity” published their (in)famous “The Limits to Growth”. In this document the authors point-blank argue for the population to shrink if mother earth is to survive much longer: “The overwhelming growth in world population”, claim the authors, “caused by the positive birth-rate loop is a recent phenomenon, a result of mankind’s very successful reduction of worldwide mortality.”

This development is highly worrisome, says the Club of Rome. As possible solutions for this “problem” it proposes either the birthrate to be brought down “to equal the new, lower death rate”, or “the death rate must rise again.”

The fact that the Club of Rome and other UN entities stand at the cradle of one-child policies may not come as a complete surprise to those who have read all the policy-papers issued from the seventies onward. The same Malthusian idea that triggered our current green movement and its obsession with man-made global warming, once inspired hardcore involuntary sterilization policies in the decades preceding World War II.

In the 1991 publication The First Global Revolution: A Report to the Club of Rome by Alexander King and Bertrand Schneider, the common denominator that the world would need to rally around was identified in all clarity:

“In searching for a new enemy to unite us, we came up with the idea that pollution,the threat of global warming, water shortages, famine and the like would fit the bill. All these dangers are caused by human intervention, and it is only through changed attitudes and behavior that they can be overcome. The real enemy then, is humanity itself.”

This contrived and purposeful enemy arrived in the shape of man-made global warming. And to think that all of us gullible gadgets were fooled into believing that any climate change was caused by that big lamp in the sky, determining not just earth’s overall temperatures but those of all planets in the solar system.

It just goes to show that the scam is perpetrated on such an unprecedented scale, that up until a few years ago few dared question its validity. The entire thing of course boils down to the old Nazi proverb: the bigger the lie, the easier the sell. The United Nations, the globalist foremost salesman, was designated to carry the message along to all the world’s “regions” and all nation-states falling under its jurisdiction. The division of the UN deemed most qualified to do the job was UNESCO, the scientific arm deciding what educational programs were to be distributed amongst the world’s universities and primary schools. On June 15th of 2010, Martin Lees, Secretary General of the Club of Rome gave a speech to UNESCO- social engineers in which he admits that:

“We in the Club of Rome have had a long relationship with UNESCO. We look forward to developing our future collaboration so that we can advance our understanding and cooperation to promote action on the critical global issues which will determine the future of us all at this difficult moment in history.”

To understand what this collaboration between the Club of Rome and UNESCO specifically entails, Mr. Lees provides us with the agenda leading up to and following the Copenhagen conference in 2009:

“In October 2009, we will focus at our Annual General Assembly in Amsterdam on “Environment, Energy and Economic Recovery” focused on the key issues for the Copenhagen Climate Conference. In February 2010 we will tackle Cluster Three, on International Development. In April 2010 we will focus on Cluster Four, Social Transformation and in July 2010, on Peace and Security. The Programme will conclude with a major event in November 2010.”

The agenda shows that the Copenhagen conference was far from an isolated happening. It is just one piece out of many in the overall global architecture the elite is constructing incrementally and with which it means to consolidate power in the 21st century. Or, as the Secretary General of the Club of Rome puts it:

“Issues of international governance and institutional architecture will be critical in particular to the effective implementation of a post-Kyoto Treaty. To address the underlying drivers of climate change, institutional mechanisms must be introduced or adapted to implement and coordinate new policies in key areas of concentration such as: finance; science and technology; human resource development; information and communications; and capacity building. And the issue of “climate justice” will be central to achieving any agreement and to the acceptance of any treaty.”

Irrespective of these world players’ vested interest in such an architecture, they all dance to the tune of eugenics- whether they are aware of it or not. It can be to further their career or some sadist pleasure in usurping innocence; whatever their motivation, they have openly declared themselves to be on the opposite site of humanity.

In 2010, Business Insider featured a post by geography professor Gary L. Peters under the header Population Growth Is Still The Biggest Problem Facing Humanity.

After channeling armchair-eugenicist Alan Weisman, who stated: “The intelligent solution (to the problem of population growth) would require the courage and the wisdom to put our knowledge to the test. It would henceforth limit every human female on Earth capable of bearing children to one”, the professor added:

“Started now, such a policy would reduce Earth’s population down to around 1.6 billion by 2100, about the same as the world population in 1900. Had we kept Earth’s population at that level we would not be having this conversation.”

Who is the “we” Peters mentions that would be assigned to keep the earth’s population at any level? As John P. Holdren, Obama’s science czar, wrote in his monstrosity Ecoscience: Population, Resources, Environment:

“(…) a Planetary Regime- sort of an international superagency for population, resources, and environment. (…). The Planetary Regime might be given responsibility for determining the optimum population for the world and for each region for arbitrating various countries’ shares within their regional limits. Control of population size might remain the responsibility of each government, but the Regime would have some power to enforce the agreed limits.”

Such an agency exists. It is called the United Nations. After all, only a global government with a system-wide, coordinated eugenics-agenda would have the power necessary to impose such laws upon all the peoples of the world. There’s no other way to make it so.

“We can no longer wait for increasing wealth to bring down fertility in remaining high fertility nations; we need policies and incentives to stop growth now”, Peters stated in his little declaration of death.

“Population growth on earth must cease”, Peters argues again. Citing eugenics-front-man Paul Ehrlich and his equation of death (I = PAT), he attempts to disarm critics of the overpopulation mantra with this spell:

“(…) I represents our impact on the Earth, P equals population, A equals affluence (hence consumption), and T stands for technology.”

The professor may argue that the biggest problem is people, I would argue it’s people like Peters that are the problem, advocating for dehumanizing policies, global in scope, imposing restrictions upon people regarding how many children to put on the world. But it is not just the professor that advocates for a global one child policy.

CNN founder Ted Turner, who has openly stated the earth would be better off when 95% of the human population would vanish, has also professed his admiration for the Chinese (read: UN) policies. In 2010 the Globe and Mail quoted Turner as saying:

“the environmental stress on the Earth requires radical solutions, suggesting countries should follow China’s lead in instituting a one-child policy to reduce global population over time. He added that fertility rights could be sold so that poor people could profit from their decision not to reproduce.”

This echoes the views of Jeffrey Sachs, Ban Ki-moon’s “sustainability” advisor. In June of 2011, US congressman Chris Smith rightly announced that the UN and China are working hand-in-hand to export China’s one-child policy to Africa. Sachs told AFP newswire in May of that year he “worries” about Africa’s “ballooning population”. Sachs:

“I am really scared about population explosion in Nigeria. It is not healthy. Nigeria should work towards attaining a maximum of three children per family.”

Again: these are not genuine worries by genuine scientists. They are calculated statements by compromised charlatans.

As I reported on a couple of weeks ago, UN strongman Maurice Strong told an audience of environmentalists at a side-event to the 2012 Earth Summit in Rio de Janeiro that China is the model-state for the rest of the world to emulate in regards to environmental matters.

“What China does matters to the world”, Strong said, “and what China is doing is actually a tremendous source of encouragement.”

Strong went on to say that “sustainable development” has become a “people’s movement guided by the people’s government.”

Strong is a long-time advocate of the sort of draconian population policis that China has forced upon its people. As far back as the early 1970s, Strong hesitatingly admitted to the BBC that such a thing as a license to have a child is the kind of system he would see implemented globally:

That the Obama administration has resumed funding for the United Nations Population Fund (UNFPA) is another sad, undeniable fact. But we may not be surprised by it, as none other than John P. Holdren occupies the chief science position in the White House.

The more one researches this union between the UN and Club of Rome, forged in the blood of millions in the last century, the more one realizes that the anthropogenic global warming swindle is not just tied to eugenics. It is eugenics. All indicators point to an unsettling conclusion: the UN and its global affiliates are using China as their model-state, hoping to then export its population policies to the rest of the world.

Jurriaan Maessen’s post first appeared on his blog, Explosive Reports.

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Sunday, 8 July 2012

The Collapsing US Economy and the End of the World

Paul Craig Roberts
Infowars.com
Sunday, July 8, 2012


In a recent column, “Can The World Survive Washington’s Hubris,” I promised to examine whether the US economy will collapse before Washington in its pursuit of world hegemony brings us into military confrontation with Russia and China. This is likely to be an ongoing subject on this site, so this column will not be the final word.


Washington has been at war since October, 2001, when President George W. Bush concocted an excuse to order the US invasion of Afghanistan. This war took a back seat when Bush concocted another excuse to order the invasion of Iraq in 2003, a war that went on without significant success for 8 years and has left Iraq in chaos with dozens more killed and wounded every day, a new strong man in place of the illegally executed former strongman, and the likelihood of the ongoing violence becoming civil war.


Upon his election, President Obama foolishly sent more troops to Afghanistan and renewed the intensity of that war, now in its eleventh year, to no successful effect.


These two wars have been expensive. According to estimates by Joseph Stiglitz and Linda Bilmes, when all costs are counted the Iraq invasion cost US taxpayers $3 trillion dollars. Ditto for the Afghan war. In other words, the two gratuitous wars doubled the US public debt. This is the reason there is no money for Social Security, Medicare, Medicaid, food stamps, the environment, and the social safety net.


Americans got nothing out of the wars, but as the war debt will never be paid off, US citizens and their descendants will have to pay interest on $6,000 billion of war debt in perpetuity.


Not content with these wars, the Bush/Obama regime is conducting military operations in violation of international law in Pakistan, Yemen, and Africa, organized the overthrow by armed conflict of the government in Libya, is currently working to overthrow the Syrian government, and continues to marshall military forces against Iran.


Finding the Muslim adversaries Washington created insufficient for its energies and budget, Washington has encircled Russia with military bases and has begun the encirclement of China. Washington has announced that the bulk of its naval forces will be shifted to the Pacific over the next few years, and Washington is working to re-establish its naval base in the Philippines, construct a new one on a South Korean island, acquire a naval base in Viet Nam, and air and troop bases elsewhere in Asia.


In Thailand Washington is attempting to purchase with the usual bribes an air base used in the Vietnam war. There is opposition as the country does not wish to be drawn into Washington’s orchestrated conflict with China. Downplaying the real reason for the airbase, Washington, according to Thai newspapers, told the Thai government that the base was needed for “humanitarian missions.” This didn’t fly, so Washington had NASA ask for the air base in order to conduct “weather experiments.” Whether this ruse is sufficient cover remains to be seen.


US Marines have been sent to Australia and elsewhere in Asia.


To corral China and Russia (and Iran) is a massive undertaking for a country that is financially busted. With wars and bankster bailouts, Bush and Obama have doubled the US national debt while failing to address the disintegration of the US economy and rising hardships of US citizens.


The charts below are courtesy of www.shadowstats.com



The annual US budget deficit is adding to the accumulated debt at about $1.5 trillion per
year with no prospect of declining. The financial system is broken and requires ongoing bailouts. The economy is busted and has been unable to create high-paying jobs, indeed any jobs. Despite years of population growth, payroll employment as of mid-2012 is the same as in 2005 and substantially below 2008. Yet, the government and financial presstitute media tell us that we have a recovery.


According to the US Bureau of Labor Statistics, employment in 2011 was only 1 million more than in 2002. As it takes about 150,000 new jobs each month to stay even with population growth, that leaves a decade long job deficit of 15 million jobs.


The US unemployment and inflation rates are far higher than reported. In previous columns I have explained, based on statistician John Williams’ work (shadowstats.com), the reasons that the government’s headline numbers are serious understatements. The headline (U3) unemployment rate of 8.2% counts no discouraged workers who have given up on finding a job. The government has a second unemployment rate (U6), seldom reported, which includes short-term discouraged workers. That rate is 15%. When the long-term discouraged workers are added in, the current US unemployment rate is 22%, a number closer to the unemployment rate of the Great Depression than to the unemployment rates of postwar recessions.



Changes in the way inflation is measured have destroyed the Consumer Price Index (CPI) as a measure of the cost of living. The new methodology is substitution based. If the price of an item in the index rises, a lower priced alternative takes its place. In addition, some price rises are labeled quality improvements whether they are or not and thus do not show up in the CPI. People still have to pay the higher price, but it is not counted as inflation.


Currently, the substitution-based rate of inflation is about 2%. However, when inflation is measured as the actual cost of living, the rate of inflation is 5%.


The Misery Index is the sum of the inflation and unemployment rates. The level of the current Misery Index depends on whether the new rigged measures are used, which understate the misery, or the former methodology that accurately measures it.


Prior to the November 1980 election, the Misery Index hit 22%, which was one reason for Reagan’s victory over President Carter. Today if we use previous methodology, the Misery Index stands at 27%. But if we use the new rigged methodology, the Misery Index is 10%.


The understatement of inflation serves to boost Gross Domestic Product (GDP). GDP is calculated in current dollars. To be able to determine whether GDP rose because of price rises or because of increases in real output, GDP is deflated by the CPI. The higher the inflation rate, the less the growth in real output and vice versa. When the substitution based methodology is used to measure inflation, the US economy experienced real growth in the 21st century except for the sharp dip during 2008-2010. However, if the cost-of-living based methodology is used, except for a short period during 2004, the US economy has experienced no real growth since 2000.


In the chart above,the lower measure (blue) of real GDP is deflated with the inflation methodology that measured cost-of-living. The higher GDP measure (red) deflates GDP with the new substitution based methodology.


The lack of employment and real GDP growth go together with the decline in real household median income. The growth in consumer debt substituted for the lack of income growth and kept the economy going until consumers exhausted their ability to take on more debt. With the consumer dead in the water, the outlook for economic recovery is poor.


Politicians and the Federal Reserve are making the outlook even worse. At a time of high unemployment and debt-stressed households, politicians at local, state, and federal levels are cutting back on government provision of health care, pensions, food stamps, housing subsidies and every other element of the social safety net. These cutbacks, of course, further reduce aggregate demand and the ability of income-stressed Americans to survive.


The Federal Reserve has interest rates so low that retirees and others living on their savings can earn nothing on their money. The interest rates paid on bank CDs and government and corporate bonds are lower than the rate of inflation. To live on interest income, a person has to purchase Greek, Spanish, or Italian bonds and run the risk of capital loss. The Federal Reserve’s policy of negative interest rates forces retirees to spend down their capital in order to live. In other words, the Fed’s policy is destroying personal savings as people are forced to spend their capital in order to cover living expenses.


In June the Federal Reserve announced that it was going to continue its policy of driving nominal interest rates even lower, this time focusing on long-term Treasury bonds. The Fed said it would be purchasing $400 billion of the Treasury’s 30-year bonds.


Driving interest rates down means driving bond prices up. With 5-year Treasury bonds paying only seven-tenths of one percent and 10-year Treasuries paying only 1.6%, below even the official rate of inflation, Americans desperate for yield move into 30-year bonds currently paying 2.7%. However, the the high bond prices mean that the risk of capital loss is very high.


The Fed’s debt monetization, or a drop in the exchange value of the dollar as other countries move away from its use to settle their balance of payments, could set off inflation that would take interest rates out of the Fed’s control. As interest rates rise, bond prices fall.


In other words, bonds are now the bubble that real estate, stocks, and derivatives were. When this bubble pops, Americans will take another big hit to their remaining wealth.


It makes no sense to invest in long-term bonds at negative interest rates when the federal government is piling up debt that the Federal Reserve is monetizing and when other countries are moving away from the flood of dollars. The potential for a rising rate of inflation is high from debt monetization and from a drop in the dollar’s exchange value. Yet, bond fund portfolio managers have to follow the herd into longer term maturities or see their performance relative to their peers drop to the bottom of the rankings.


Some individual investors and foreign central banks, anticipating the dollar’s loss of value, are accumulating gold and silver bullion. Realizing the danger to the dollar and its policy from the rapid rise in the price of bullion during 2011, the Federal Reserve has arranged offsetting action. When the demand for physical bullion drives up the price, short sales of bullion in the paper market are used to drive the price back down.


Similarly, when investors begin to flee Treasuries, thus causing interest rates to rise, J.P. Morgan and other dependencies of the Federal Reserve sell interest-rate swaps, thus offsetting the effect on interest rates of the bond sales. (Keep in mind that interest rates rise when bond prices fall and vice versa.)


The point of all this information is to establish that except for the 1 percent, the incomes and wealth of Americans are being cut back across the board. From 2002 through 2011 the economy lost 3.5 million manufacturing jobs. These jobs were replaced with lower-paying waitress and bartender jobs (1,189,000), ambulatory health care service jobs (1,512,000) and social assistance jobs (578,000).


These replacement jobs in domestic services mean that on a net basis US consumer income was moved out of the country. Potential aggregate demand in the US dropped by the differences in pay in the job categories. Clearly and unambiguously, jobs offshoring lowered US disposable income and US GDP and, thereby, employment.


Despite the lack of an economic base, Washington’s hegemonic aspirations continue unabated. Other countries are amused at Washington’s unawareness. Russia, China, India, Brazil, and South Africa are forming an agreement to abandon the US dollar as the currency for international settlement between themselves.


On July 4 the China Daily reported: “Japanese politicians and prominent academics from China and Japan urged Tokyo on Tuesday to abandon its outdated foreign policy of leaning on the West and accept China as a key partner as important as the United States. The Tokyo Consensus, a joint statement issued at the end of the Beijing-Tokyo Forum, also called on both countries to expand trade and promote a free-trade agreement for China, Japan and South Korea.”


This means that Japan is in play.


The Chinese government, more intelligent than Washington, is responding to Washington’s military threats by enticing away Washington’s two key Asian allies. As the Chinese economy is now as large as the US and on far firmer footing, and as Japan now has more trade with China than with the US, the enticement is appealing. Moreover, China is next door, and Washington is distant and drowning in its hubris.


Washington, which flicked its middle finger to international law and to its own law and Constitution with its arrogance and gratuitous and illegal wars and with its assertion of the right to murder its own citizens and those of its allies, such as Pakistan, has made the United States a pariah state.


Washington still controls its bought-and-paid-for NATO puppets, but these puppet states are overwhelmed with derivative debt problems brought to them by Wall Street and by sovereign debt problems, some of which were covered up by Wall Street’s Goldman Sachs.


Europe is on the ropes and has no money with which to subsidize Washington’s wars of hegemony.


Washington is becoming an isolated and despised element of the world community. Washington has purchased Europe, Canada, Australia, the former Soviet state of Georgia (and almost Ukraine), and Columbia, and continues its effort to purchase the entire world, but sentiment is turning against the rising Gestapo state that has shown itself to be lawless, ruthless, and indifferent, even hostile, to human life and human rights.


A government, whose military was unable with the help of the UK to occupy Iraq after eight years and was forced to end the conflict by putting the “insurgents” on the US military payroll and to pay them to stop killing American troops, and a government whose military has been unable to subdue a few thousand lightly armed Taliban after 11 years, is over the top when it organizes war against Iran, Russia, and China.


The only prospect Washington has of prevailing in such an undertaking is first use of nuclear weapons, of catching its demonized opponents off guard by nuking them out of the blue. In other words, by the elimination of life on earth.


Is this Washington’s program revealed by the neoconservative warmonger, Bill Kristol, who had no shame to ask publicly: “What’s the good of nuclear weapons if you can’t use them?”


This article first appeared at Paul Craig Roberts’ new website Institute For Political Economy. Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His Internet columns have attracted a worldwide following.




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Wednesday, 27 June 2012

Inequality "worst since second world war"

This seems to show that since the fall of the Soviet Union, the welfare state in Britain is being systematically demolished, and with that, inequality has grown exponentially. It is down to the anger and organisation of the working class. Right now class struggle is as miniscule as a gnat's cock and so the elite crush everyone for the working class sloth...


In his Beveridge Memorial Lecture to The Royal Statistical Society, Sheffield University's Danny Dorling says that an expert in inequality, says the richest one per cent of people in the UK take home fifteen per cent of all income, compared to 6% in 1979.


Professor Dorling, an expert in inequality, said: "If we look back about 100 years, we can see that inequality in the UK did drop significantly in the 70 years from 1910-1979. More than half of that drop in inequality took place prior to 1939. Since 1979 these inequalities have risen dramatically and continue to rise.


"The last time the best-off took as big a share of all income as they do today was in 1940, two years before the publication of the Beveridge Report, which became the basis of the UK's welfare state after the Second World War."


Professor Dorling says that to get into the top one per cent now requires an income of about £120,000 and this super elite have been awarding themselves huge pay rises in part to offset sterling's depreciation against other currencies.


"The super-rich ompare themselves to a global elite and sterling's depreciation has meant that compared to their peers in Europle or the US they are losing ground. Hence we see bankers and top CEOs getting big pay rises. It does not have to be that way beacuse in Switzerland and the Netherlands the top one percent take 6% of national income not 15%. It's our elites that are greedy."


Importantly the top 1% are pulling away from the rest of the rich. To get into the top 10% of incomes requires about £60,000 a year.


Professor Dorling said: "Even looking at the next-most well-off people, the gap between them and the richest is growing. In the early 1940s, the 'nine per cent' - the rest of the best-off ten per cent less the richest one per cent - were paid an average salary of 2.4 times average incomes, the same as in 1959, 1969 and 1973. But as inequalities rose, by 1990 this 'nine per cent' were paid three times average incomes and that continued until 2007.


"However, for the last five years their share has been dropping towards that 2.4 historic average. As each year passes, and the richest one per cent get richer still, the rest of the best-off ten per cent increasingly have a little more in common with the remaining nine-tenths of society, and less and less in common with those at the very top."


His lecture also addresses how fair Britain is compared to his past



Up until 1989 this is the best-off tenth of households (or more strictly 'tax-units'), after then it is adults. After 1975 it relates to all income declared for tax purposes (so tax dodging is excluded) and after 1920 what became the Republic of Ireland is excluded. More important than all these caveats is the fact that missing data has been interpolated so that when one line in the graph appears to exactly follow another, that is because it is estimated from that other (which figures are interpolated and which are not is shown in Appendix Table 1)


Inequalities by the measures shown here peaked in 1923, the year after the (1922) Great Gatsby summer (Fitzgerald, 1925). Then the best-off tenth of households in the UK took almost half the national annual income. Almost a quarter was taken by the best-off one-in-one-hundred, leaving 'just' a quarter of all income for the remaining nine tenths of the best-off tenth to share between them. The richest 1 in 1000 households in that year took home almost 6% of all income, but that share had been sliding since it had hit its maxima of almost 7% just a year after the Titanic sank (1912) which also happened to be the year in which the play 'The Inspector Calls' was set. The richest 1 in 10,000 households still took a staggering 3.34% in 1923, more than twice their share even today.


A key turning point, in hindsight, was 1936. It was then that the income of the best-off 1 in 1,000 peaked again at a lower point of 4.68% before falling fairly continuously to a minima of just under 1.00% of all income between 1977 and 1979 inclusive. The share of the richest thousandth's then rose to reach a new peak of 4.61% in 2007, before appearing to fall again in the two most recent years of data. I say 'appearing' as this is income declared for tax purposes and many of the richest people in Britain say they are no longer domiciled in Britain and do not pay tax here ( "tax is for the little people")


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