How does UK make money?

[Biohazard]

Shame it see little of the benefits from it.

Do the common people see much of the benefits of our economy?

 

[[TW]Fox]

Do the common people see much of the benefits of our economy?

We live in a pretty nice place, so... yea?

The common person in this country has a good standard of living, properly paved roads, local facilities, etc etc.

 

[Biohazard]

We live in a pretty nice place, so... yea?

Some do, some don't.

The common person in this country has a good standard of living, properly paved roads, local facilities, etc etc.

Are those much of the benefits of the economy?

In relation to other nations, it isn't that great actually.

 

[Slam62]

We live in a pretty nice place, so... yea?

The common person in this country has a good standard of living, properly paved roads, local facilities, etc etc.

Would you like to tell us what you consider a nice place and how much you pay for it?

 

[[TW]Fox]

By 'we' I meant 'everyone in the UK' and by 'nice place' I meant the United Kingdom in comparison to other parts of the world. We have running water, paved roads, street lighting, a police service thats half decent. All of this is a benefit to us, as citizens, of living in a country with a developed and productive economy. There are numerous countries in the world who have none of those things. Is the UK really THAT bad?

I think we take so much for granted - the very fact we can sit here and argue with each other using computers about how rubbish the UK is or isn't puts us ahead of half the planet at least!

 

[[TW]Fox]

Are those much of the benefits of the economy?

I beleive that yes, our man made environment, both physical and social, is a product of our economy.

In relation to other nations, it isn't that great actually.

I've visited quite a few other places now and I've yet to visit one which was stand-out better than much of the UK. Switzerland perhaps.

 

[Slam62]

Don't forget about the NHS and the welfare state, yes lots of good things that need protecting.
Doesn't mean we shouldn't strive for a fairer society.

It all needs to be funded as well

 

[Nemesis379]

Trees.

 

[SPG]

Watch the most recent episode of Top Gear. It is exceptionally surprising what we still manufacturer here used all over the world. Technology and research as well as the financial services.

Tech invented and owned in this country appears I think in pretty much every single smart phone for example.

Dont be fooled here, i would go as far to say the components for the majority of the items from the smallest resitor to a large plastic moulding are not made in the UK, labour costs are to blame and that is the fault of capitalism and there greedy shareholders. Nothing wrong in making a profit but to have it as the BASE of everything is wrong. Take McLaren the entire company is funded by Arabia.

 

[Biohazard]

I beleive that yes, our man made environment, both physical and social, is a product of our economy.

Of course. But that's not what I asked though, is what you describe ubiquitous equal and all that is to be considered?

I've visited quite a few other places now and I've yet to visit one which was stand-out better than much of the UK. Switzerland perhaps.

Have you much experience of poverty?

 

[JBod]

Dont be fooled here, i would go as far to say the components for the majority of the items from the smallest resitor to a large plastic moulding are not made in the UK, labour costs are to blame and that is the fault of capitalism and there greedy shareholders. Nothing wrong in making a profit but to have it as the BASE of everything is wrong. Take McLaren the entire company is funded by Arabia.

And that money from Arabia goes into Britains pocket.

 

[Amp34]

Dont be fooled here, i would go as far to say the components for the majority of the items from the smallest resitor to a large plastic moulding are not made in the UK, labour costs are to blame and that is the fault of capitalism and there greedy shareholders. Nothing wrong in making a profit but to have it as the BASE of everything is wrong. Take McLaren the entire company is funded by Arabia.

Just because low tech/heavy industry generally employs far more people (on lower wages usually) doesnt mean it's better than high tech industry (makes more money but usually employs fewer people on higher salaries).

How about all those people that want us to start manufacturing heavy girders and hand building Ford's and vauxhalls again move to those jobs... I'd stick to a high tech manufacturing job thanks (with correspondingly higher pay...)

 

[[TW]Fox]

Of course. But that's not what I asked though, is what you describe ubiquitous equal and all that is to be considered?

You know exactly the point I am making.

Have you much experience of poverty?

You know very well the answer to that question is 'no' but you don't need to experience poverty to know that poverty in a developed country like the UK is probably not quite as bad as povertly in an underdeveloped country like many African states. It's fairly obvious.

 

[Biohazard]

You know exactly the point I am making.

Well it's one of the most unfair and unequal economies of the world then.

You know very well the answer to that question is 'no' but you don't need to experience poverty to know that poverty in a developed country like the UK is probably not quite as bad as povertly in an underdeveloped country like many African states. It's fairly obvious.

What about relative to other comparable nations?

 

[SPG]

Short term yes, long term the asset belongs to them, the profit (if any) is returned to them for those to do with as they please. The IP for which its all built on belongs to them. This is no good for the long term of the country.

I wont go into the politics of there human rights.

(it also keeps me in a job)

 

[[TW]Fox]

Well it's one of the most unfair and unequal economies of the world then.

You think we have one of the most unfair and unequal economies of the world? Seriously?

How can an economy which provides a financial safety net for those less fortunate than others be more unfair and more unequal than many third world economies which provide literally nothing for those who have nothing at one end of the scale and yet have fabulously wealthy people at the other?

What about relative to other comparable nations?

Like who, the USA? You'd rather be in poverty in the USA than the UK? Besides - not sure how this is relevant. You were arguing the common man doesn't see the wealth of our developed economy. I am arguing this is simply true true - the wealth is reflected in the human environment we are lucky to have here in the UK. Almost all of it is available for use by every single person here irrespective of whether they pay any tax or not.

 

[Biohazard]

You think we have one of the most unfair and unequal economies of the world? Seriously?

In context, yes. I don't think it's quite outrageous to suggest either.

How can an economy which provides a financial safety net for those less fortunate than others be more unfair and more unequal than many third world economies which provide literally nothing for those who have nothing at one end of the scale and yet have fabulously wealthy people at the other?

How does that safety net compare to other comparable economies?

Like who, the USA? You'd rather be in poverty in the USA than the UK? Besides - not sure how this is relevant. You were arguing the common man doesn't see the wealth of our developed economy. I am arguing this is simply true true - the wealth is reflected in the human environment we are lucky to have here in the UK. Almost all of it is available for use by every single person here irrespective of whether they pay any tax or not.

Simply true true, well why are we arguing then?

We are lucky to live in a developed nation, yet ours is fast becoming one of the most unfair and unequal places to live.

 

[[TW]Fox]

How does that safety net compare to other comparable economies?

Favourably, but again, how does it matter? It's still something we benefit from as a result of our economy.

We are lucky to live in a developed nation, yet ours is fast becoming one of the most unfair and unequal places to live.

Thats for another day - the basic point is that yes, the common man does benefit from the success of the economy of our country.

 

[PMKeates]

Lol @ typical 'UK sucks', 'UK has no economy', 'UK debt is bazillions and we are heading for the dogs'.

 

[Biohazard]

Favourably, but again, how does it matter? It's still something we benefit from as a result of our economy.

Well, if it compares so favourably why would you then go and dismiss it away in the same breath?

Some people benefit in some ways, some in others. Some hardly at all.

We don't compare that favourably to our neighbours in this regard.

Thats for another day - the basic point is that yes, the common man does benefit from the success of the economy of our country.

I would say that is for today unfortunately.

So they see the benefit through roads, a welfare system that is "better, but doesn't really matter" and what else sorry? Local services suffering a vindictive cuts agenda?

Anything else?