Word: labour
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NONETHELESS, the outcome of the elections will make a difference. If Labour wins with a substantial majority, we can expect to see the most plausible effort to effect a genuinely drastic redistribution of wealth ever undertaken in an industrial Western democracy. Labour is proposing a tax of up to 5 per cent a year on aggregates of wealth, about twice the level of Norway (the next highest one in Europe). In actuality the tax will be far heavier than any in Europe, since most European countries limit taxes to a set proportion of income. The 100,000 richest...
...unlikely however that Parliament will approve such measures in their present form. The Labour leadership has proposed it only under intense pressure from the party's militant wing. Some party leaders no doubt intend to use the wealth tax as an election ploy--a voluntary wage-control program concealed as an attack on social injustice. Others may be committed to a genuinely new "social contract" between the unions and the government...
...Love's Labour's Lost anticipates As You Like It, Pericles anticipates The Tempest. Shipwrecks are what pass for plots here as the pseudoclassical hero washes up, island by island, it seems, across the Aegean and the Mediterranean, losing and finally regaining his wife and daughter in the process. Before their reunion, the wife becomes presumably the only matron in a tem ple of vestal virgins, the daughter certainly the only virgin in a brothel - peaks of survival which may outdo even Pericles' own. Shakespeare, the scholars say, wrote only the last three acts, and perhaps ought...
...Portuguese in Cambridge is employment. Since most of the workers who arrive in this country from the Azores are unskilled and shackled by the language problem, they are forced into low-paying jobs and subjected to exploitation. Anxious to make a fresh start, and ignorant of their rights under labour laws, the Portuguese are willing to work long hours for substandard wages...
...Like the British Labour Party, socialists will have to go through the experience of moving liberalism to the left," he said...