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Saturday, 4 July 2015

Unfair distribution of austerity


an anti-austerity marcher attacks a free market fanatic

Guest blog post by Revd Paul Nicolson of Taxpayers Against Austerity

Republished from http://www.taxpayersagainstpoverty.org.uk/the-unfair-distribution-of-austerity-an-anti-austerity-marcher-attacks-a-free-market-fanatic/

Professor Philp Booth is the Director of the Institute of Economic Affairs. He is a free market fanatic who opposes regulation. He promoted the deregulation of lending, rents and the flow of cash in and out of the UK in the 1980s that led to the collapse of the banks in 2008 and a chaotic UK housing market. (1) The banks could not and cannot handle a free market fairly; greed takes over.
He now opposes the regulation needed to ensure that climate change does not hurt the poorest of the world even more than they are hurt now.
In an article about climate change in the The Tablet, the international catholic weekly, He wrote. “The marchers at the anti-austerity rally would only get half a cheer from the Pope. He might applaud their apparent concern for the poor, but the message from the encyclical was really one of austerity for ever, especially for the developed world.”
I was one of the marchers.
The Tablet published my reply on the 3rd July 2015;
“If the message of Pope Francis is “austerity for ever” as suggested by Philip Booth then the question becomes who for? The change in climate will, if left to the vagaries of the free market, make the poorest people ever poorer unless governments intervene to regulate fairly the current unfair distribution of austerity”
Rev Paul Nicolson
May I add now that the last five years has seen the tenants who claim housing benefit carry the burdens of austerity while the vast majority of home owners have not felt the slightest touch of it.

from the Rev Paul Nicolson

Taxpayers Against Poverty
No British citizen without an affordable home and an adequate income in work or unemployment. 

93 Campbell Road, Tottenham, London N17 0BF, 0208 3765455, 07961 177889, 

(1) http://z2k.org/wp-content/uploads/2011/11/Memorandum-to-the-Prime-Minister-on-Unaffordable-Housing.pdf

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