Digital Cabinet

Polevaulter Donkeyman's rants, raves musings and flame wars

Mr. Brigstocke, what’s wrong with free movement of capital and labour?

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Marcus Brigstocke on The Now Show of June 29, 2012 in a rant titled “Thank You and Goodbye!” (around the 20’40” mark)

…I’ve had it with bankers, multimillionaires and businesspeople and the rest announcing their imminent departure from the UK every time they are held to account by those of us who pay our taxes and vote. They are like teenagers who’ve had a row with their parents. <In an angry teen’s voice ranting> So for those threatening to leave when they are asked to pay their share of living here … GO. <Gloria Gaynor’s I Will Survive> Yes and once you’ve gone we will survive very happily. In fact I will happily drive any of you to the ferry terminal and push you off it. Here’s a thought, just so we don’t have to keep coming back to this tiresome discussion, its a simple honest decent proposal: <drumroll> Everyone has to live where their money is. See — easy! Now off you go …

If everyone has to live where their money is, what about people who have invested money in different places? Say they live in Manchester and have invested in a business in London? What if they live in Hull and their pensions are invested in e.g. BP? Mr. Brigstocke’s solution is simple enough.

Around the 25’30” mark:

I only wish that low income workers were able to hold the government to ransom by threatening to leave the country when they’re challenged. Just to wake up one day to a country where the only people at work spend their days moving fictional sums of money from one screen to another in the hope that the sums get bigger and they get a bonus. And somewhere in the distance as the streets lie unswept, unpoliced, shops shut, hospitals empty, schools boarded up, they hear “Goodbye Goodbye…<Some song which I cannot identify>

What is left unanswered is that if the current low income workers in the UK follow on their threat and leave, why would low income workers from other countries, whose income is vastly smaller,[1] not emigrate to the UK and sweep the streets, police the streets, open the shops, staff the hospitals and school?

Footnotes

[1] The UK defines poverty as income less than 60% of the median household income. In 2007-08, this was calculated to be GBP 115 per week for single adults with no dependent children. Source. In 2004-05 a fifth to a quarter of India’s population, around 200 M – 300 M (compare to UK population of 62 M in 2010) lived on less than GBP 2 per week. Source

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Written by Polevaulter Donkeyman

July 10, 2012 at 11:07

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