Curb top pay in the city
Submitted by Kathryn Busby on 12 April 2010
Our letter in Saturday's Guardian.
David Cameron would be right to call attention to a strange reversal in politics if the Conservatives were indeed the only party willing to tackle rising income inequality in Britain. In fact, Labour, the Liberal Democrats and the Greens, as well as the Conservatives, are all set to make fairness and equality
central to their manifestos. But as well as ideological commitments, we
need concrete proposals to reduce the appalling inequality which causes
so much social dysfunction.
We welcome the Conservative proposal
for a maximum pay ratio within the public sector, and we hope all
parties will commit to constraining top incomes. But change is most
urgently needed in the private sector, which has led the way in runaway
top salaries and the bonus culture. We call on all parties to back up
their fair words with forceful policies, and we call on all candidates
to sign our Equality Pledge at www.equalitytrust.org.uk/pledge
Prof Kate Pickett Co-Author, The Spirit Level, Kathryn Busby Policy and campaigns manager, The Equality Trust, Malcolm Clark Campaign director, One Society
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