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    [Politics] Cost of Living Crisis

    If the NHS is so useless that it pays doctors half what they are worth, and it can't supply the basic needs of yourself and many others, why should we want to protect it?
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    [Politics] Cost of Living Crisis

    I can't match your reply for length, but two points: 1 - under Margaret Thatcher, wages rose 35% in real terms (after allowing for inflation). 2 - in the USA, inflation has averaged 3.8% per year since 1960, wages rises have averaged 6.2%. That's up by a factor of 4...
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    [Politics] Cost of Living Crisis

    I don't disagree that pure capitalism doesn't work. It needs a leavening of charity for those left behind. But an absence of capitalism leads to poverty all round.
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    [Politics] Cost of Living Crisis

    To be fair, capitalism keeps the "good times rolling" for the 99% as well. At least, most people in capitalist countries seem to be a lot wealthier than their equivalents in non-capitalist countries. Are there any examples of countries that can prove me wrong?
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    [Politics] Cost of Living Crisis

    Yes, I realise that the 100 CEOs aren't the only people earning £3.9m per year. But there aren't any other figures to quote. I was replying to a specific figure about specific people. I suspect the 300,000 people on over £200,000 salary for PAYE is quite a high proportion of the people...
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    [Politics] Cost of Living Crisis

    Agreed the first paragraph. At the very least, directors shouldn't get share option bonuses unless the company's share price rise exceeds the FTSE. As for the shareholders, they provide capital. If there were no shareholders, the capital would have to come from a bank which would charge...
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    [Politics] Cost of Living Crisis

    I agree that CEOs and other directors of plcs get paid too much. They aren't accountable and they just dip their fingers (legally) into the till and take out what they want. However, a pay rise of £500,000 for 100 CEOs is equivalent to a pay rise of £50 each for a million ordinary employees...

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