Tuesday, August 05, 2008
The rich. posted by Richard Seymour
They could scarcely deny they had money; indeed they spoke of the pleasures that high incomes bought. "I do enjoy the fact I can have nice holidays and don't think twice about buying particular items," said one lawyer. But most blocked out the suggestion they were extremely well off. Living in London cost a lot, they said: the city that made them rich was a reason you had to be rich. You had to afford London property. "I'm sick of this, because with £100,000 in Manchester you are well off; £100,000 is a not a wealthy person down here."A lawyer admitted that he couldn't imagine surviving on an income as low as £100,000, and in discussions about higher tax bands his colleagues objected to any such low sum being used as a benchmark.
Labels: capitalism, neoliberalism, rich, ruling class