Profile avatar
vigjimmy.bsky.social
Sussex born, Sussex bred - strong in the arm, thick in the head.
61 posts 87 followers 138 following
Active Commenter
Posts 4 Comments 46

Billionaires justify their wealth by reference to the free market. In an efficient free market their would be no billionaires. The operation of supply and demand would prevent the excess profits necessary to accumulate that wealth from being present for long enough.

submitted 65 days ago • 0 comments

The price of a Mars bar hides a multitude of value transactions, farmers, logistics, energy, marketing, retail, health, education etc. The fairness of the distribution is meant to be assured by the market. It isn't. Power distorts. Makes the rich and the poor.

submitted 88 days ago • 1 comment

Inheritance tax is a form of deffered taxation, as is the case with pension funds. When people argue about iht, they should state what other form of taxation they would like increased instead. VAT? Income tax? Fuel duty? Or what expenditure should be cut. Pensions? In work benefits?

submitted 93 days ago • 0 comments

When discussing the economy we often talk of a lack of money and we mean a lack of money. But sometimes we mean a lack of productive capacity on which money can be spent. Important to know which. And that one affects the other.

submitted 97 days ago • 0 comments