The post ‘We blaspheme to challenge power’ appeared first on spiked.
As the standard mantra these days goes, more equality is better, right?
So, how much better is this much more equality?
While a university leaver in the bottom 10pc of graduate earners in 2001 could have expected to land a salary worth 82pc more than a worker on the minimum wage, by 2023 the premium was just 11pc – a fall in today’s money from almost £11,200 to around £2,350.
The finding comes after a recent study found that British workers are more likely to be overqualified than in any other rich OECD country, stoking fears of what is known within the education industry as a “brain waste” crisis.
Oh. That would be not much better at all then.
We are willing to entertain the idea that too little equality might not be a good idea. Say, local politicians being able to drive their cavalcade of official cars through Zil-lanes on the way to collecting their state honours while the lumpen have to use Shank’s Pony to collect their potatoes.
But, of course - Ha Ha - such is only an historical relic, a memory, of the Soviet years. Couldn’t possibly happen here.
But as is clear it’s possible to have too much equality as well. Which is where we do seem to be. So a thought for the New Year, as the man said - moderation in all things.
Tim Worstall