Belfield Rants Against the Rich Imposing Wage Freeze – Yes! That’s Why Corbyn Was Right!

Bug-eyed right-wing YouTuber Alex Belfield also put up another video today in which he gave his viewers the benefit of his scathing criticism of the Bank of England. Inflation is rising, you see, and the Bank is afraid that if people ask for a pay rise, this is will exacerbate it. So they’ve called for people not to ask for one. Belfield was duly disgusted, pointing out that the people ordering this were toffs, who would then give themselves an exorbitant pay rise on the grounds of enhanced performance or something like that. I don’t disagree with him. Prices are rising, and pay has been kept below the inflation rate for donkey’s years now so that most people have effectively taken a pay cut. The left in Britain and America has pointed out that pay for ordinary people has stagnated since the 1980s. But it has increased massively for the rich. And we have seen chief executives award themselves massive, bloated pay rises, all accompanied by cries that it was just performance related pay and they were paying themselves the market rate for their talents. Even when those talents pushed their companies to the wall. A number of economists have actually suggested that keeping inflation low actually hasn’t benefited the economy, which is another knock to Thatcherism.

Jeremy Corbyn promised to increase the pay of ordinary people. He was also going to strengthen trade unions and give employees more rights at work. It was after all strong unions that won pay rises for their workers. But Thatcher hated the unions because they were a check on management and lowered productivity. So she did everything she could to strangle and smash them, a policy that was continued by all the administrations that followed her.

As for people not being able to afford food and other essentials, wasn’t that what the prices and incomes policy pursued by various post-War governments until Thatcher was supposed to solve? Yes, I think it was. Looks like we might need to revive it. Which is more proof of the massive failure of Thatcherism.

Everything working people are suffering now is the direct result of the Conservative, Thatcherite policies Belfield supports. This is why Thatcherism should be consigned to the dustbin and his own wretched right-wing opinions ignored.

It’s why we need to give working people real wages, and revive the trade unions.

It’s why we should have had Jeremy Corbyn in No. 10.

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2 Responses to “Belfield Rants Against the Rich Imposing Wage Freeze – Yes! That’s Why Corbyn Was Right!”

  1. trev Says:

    Exactly. Socialism is the answer, and that’s what Jeremy Corbyn and John McDonnel were offering but the Establishment/media demonize and the gullible electorate rejected. No point complaining now, the Working Class Tories deserve all they get.

  2. Brian Burden Says:

    I wonder what would have happened if Jeremy had scraped a majority in 2017. Would a Corbyn government have been allowed to function? It shows how truly limited UK democracy actually is.

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