Salma Yaqoob: An alternative to the cuts agenda

Sunday, 14 March 2010

An alternative to the cuts agenda

On the main issues facing the British people today, there is only the appearance of policy differences between Labour, the Tories and the Lib Dems.

Take the economy. For years, all three parties have embraced and celebrated the neo-liberal free market dogma responsible for record levels of wealth inequality and the worst recession in over fifty years. They are also united on the necessity of vicious cuts as the solution to the crisis, divided only on the timescale for the implementation of those cuts.

But their consensus is being challenged. The Robin Hood Tax is one such challenge. It’s originators argue that imposing a 'tiny tax' on bankers 'would give billions to tackle poverty and climate change, here and abroad. This tax on banks – not you or I - has the power to raise hundreds of billions every year. It could give a vital boost to the NHS, our schools, and the fight against child poverty in the UK – as well as tackling poverty and climate change around the world.’ Sounds like a lot of sense to me. Read more here.

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