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The stark division in modern capitalist Britain – people or profits
THE obscene profits reported today in the banking and energy sectors expose how broken our economy is and the urgency of fundamental restructure.
While pensioners are freezing in their homes due to the winter fuel allowance being cut, and working people have experienced the worst cost of living crisis in a generation, energy giant Centrica has made more than £300 profit per household.
These out-of-control profits are not the result of investment or technological innovation. They are not the result of the development of new sources of green energy. They are money taken directly from the pockets of working people through unrestrained price rises.
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