Inheritance figures reveal the stark inequality of Great Britain

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http://politics.co.uk/blogs/2013/10/29/inheritance-figures-reveal-the-stark-inequality-of-great-bri

Image of Victorian LondonOfficial figures for inheritance paint a depressing and completely unsurprising portrait of Great Britain – a place where the rich get richer and the poor get stigmatised.

The UK remains a country where those who least need it receive the most.

The Office of National Statistics (ONS) figures show 1.6 million adults (3.6% of the population) received an inheritance worth over £1,000 between 2008 and 2010. Half received less than £10,000, but one in ten received £125,000 or more.

In fact, the luckiest fifth recieved a total of £57 billion – that accounts for 76% of all inherited wealth during the period.

Who did it go to? No prizes for guessing.

Rates of inheritance were higher for individuals living in households which already had the highest levels of wealth, according to the ONS.

Those in the wealthiest fifth of households had an increased chance of receiving inheritance. Those in managerial – rather than routine – occupations had an increased chance of receiving inheritance. Those who owned their main property outright, rather than holding a mortgage, had an increased chance. White Brits had an increased chance compared to non-white Brits. Those whose parents were mortgage owners, rather than renters, had an increased chance.

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Socialist Revolution

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Sounds like Russel Brand’s on the right lines there. [29/10/13 Apologies, that should be Russell Brand.]

I used to call for revo ….

I had considerations for democracy ~ and after contemplation decided that contemporary UK democracy is an illusion. There is the illusion of three main parties while they are all PPE scum.

Edit: I should perhaps at least explain myself better. Let’s start with ~ There is absolutely no difference between the leaders of the three main UK political parties – David Cameron of the Conservatives, Nick Clegg of the Conservative Liberal Democrats and Ed Miliband of the Conservative Labour Party. There is no difference between them – they are all Tory Scum.

Now I can fully understand and appreciate Russel Brand suggesting that voters should not participate in such a farce and even that a revo is called for.

[Later edit: I used to have reservations about calling for revo – it was about the assumed democratic process. How could I call for revo when there was a democratic process? The answer – of course – is that there is not a democratic process.

[Later later edit: Where is the democratic process in govenments’ spying? Where is the democratic process?

I’ll answer you: It is absolutely absent. There is no democratic process here because democracy does not apply …

The problem is that – isn’t democracy paramount? So who are these fakirs to say that they can spy on us? and that we shouldn’t know about it? and that nobody can report it? Where is democracy then?

Apparently it’s democracy that I can vote for some siht or other that can then spy on whole populations without any reason but I shouldn’t know about it. And that’s demokracy?

[Later tater edit: You’re full of siht, just like the full of sihter you so adore

 

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