Much of the media is taking its usual stance referring to Jeremy Corbyn’s ‘handlers’ as though he were a pit bull terrier. The Times has determined that he was making a bid to relaunch his leadership which has been derailed and Jim Pickard in the FT, author of many hostile articles, focusses on pay caps but not pay ratios.
It is good to turn to sane and rightminded commentators such as Peter Burgess (Times comments) and Maisie Carter (recent article). Peter spells out the Corbyn message with absolute clarity and rather more bluntly than JC:
- It is very clear he wants top execs pay to reflect that of the lowest paid worker for them to earn more and not rely on tax payers to boost their salaries and for the top execs to earn a decent salary but nor one that is obscene (sadly so many Tories want to see the poor get poorer and the rich richer).
- He also wants to ensure that we continue to bring in workers when needed but ensure they don’t depress wages for British workers.
- Of course those at the top getting obscene salaries want to disgrace Corbyn because the last thing they want is for their salaries to fall under £500,000 a year.
- There’s big and there’s obscene especially when they are telling others to tighten their belts, can’t afford to pay you more then handing themselves 7 and 8 figure salaries and bonuses.
- What shows double standards are all those commenting on here who think salaries of over £100,000 a year are too much if somebody is running the NHS, a local authority or running a Union.
- I do find it difficult to understand how anybody can find the policies which have allowed so many workers to have their wages and working conditions deteriorate whilst CEO’s are paying themselves up to 700x the salary of their employees as being fair and something they’d support.
- I would add that labour to their shame played an important part in allowing these obscene differentials since Maggie was in office. Some of them thought £500,000 a year for them and their friends was not enough.
- Yes Corbyn needs to keep shaming all those, including some labour MP’s who’ve happily supported the policy of “austerity” that have hit the poorest whilst allowing the richest to continue to get richer.
- I’d support a return to the differentials back in the days of Maggie. Top execs back then were hardly struggling. 20x / 30x acceptable 700x isn’t!
Endnote: Maisie Carter’s appeal
“Unite around Jeremy Corbyn’s ten point programme, which proposes the building of one million homes in five years, a free national education service, a secure, publicly provided NHS, with an end to health privatisation, full employment, an end to zero hours contracts, security at work, action to secure an equal society, a progressive tax system, shrink the gap between highest and lowest paid; aim to put conflict resolution and human rights at the heart of foreign policy. On the last point, as the wars waged or aided by the West are the cause of mass immigration, we must step up foreign aid and instead of spending £37bn a year on foreign wars as our government does, invest in helping to rebuild these war torn countries”.
Read Maisie’s article in full here.