The world turned upside down – 2

You must know that for those destined to dominate others the ordinary rules of life are turned upside down and duty acquires an entirely new meaning. Good and evil are carried off to a higher, different plane.

Pope Alexander VI to Lucrezia Borgia

I will be brief!

Chancellor Osbourne’s speech to the Tory party conference in the UK last week included one announcement that had not – contrary to what has somewhat sadly become widely accepted practice – been trailed to the media in advance. The gist of this statement was that – should the Tories be allowed another term in office – once the recovery had stabilised and the structural deficit been reduced the Tories would then focus on running a surplus on the nation’s budget.

This would appear at first glance to be a good thing. One should live within one’s means and it is – of course – good practice to put something aside during the ‘fat’ years to see us through the ‘lean’. What went unsaid was that this would of necessity be achieved by extending – apparently indefinitely – the current policy of austerity, with all that that implies as a brake on growth leading to the further erosion of living standards.

This bitter medicine – though difficult to swallow – might just be accepted as an essential part of the cure for our ills were it not for one glaring omission – one extremely large and utterly disregarded (by the Tories!) elephant in the room. This perpetual belt-tightening will clearly not apply to the Tories’ favoured sons – the one percent!

The bankers – the speculators – the masters of the universe… will all be free to carry on awarding themselves inflationary pay rises, exorbitant bonuses (apparently regardless of performance) and eye-watering severance packages. The stateless corporates will continue to play off nation against nation for their favours, effectively deciding for themselves what – if any – tax they will pay and to whom. Whilst the ‘ordinary’ man (and woman) must take in another notch in their belts and watch as their standard of living slowly dissolves – castles of sand washed away by the incoming tide – the rich aboard their hyper-yachts will simply sail off into the sunset, the income gap between us and them growing ever wider and wider as it has been doing since the 1970s.

I have never understood why it is that – whilst at one end of the spectrum workers are expected to ‘price’ themselves into a job – at the opposite extreme these ‘supermen’ – these Übermensch – are apparently incapable of carrying out the jobs (of which they have had their pick!) for which they are already extremely well paid unless they are further bribed so to do – for what are bonus and incentive schemes but bribery – plain and simple. I have nothing at all against those who enrich themselves through their honest toil and creativity – those who build something which is ultimately of the benefit to all. For far too many of the one percent – however – this is simply not the case.

These men must be truly exceptional to be rewarded as they are. They must indeed be exceptional to be feted so by those who represent us. They are also apparently exceptions to the rule by which the rest of us must live. I feel sure – however – that they will not give a fig that we take exception to them!

Which we do!

Flame off…