Beautiful Virgin Islands

Wednesday, Aug 27, 2025

Social Democracy is the way forward for VI

Social Democracy is the way forward for VI

Supply Sided Trickle Down has not taken the world to Eldorado. And if the Virgin Islands is to fulfill its potential as a hive of social and economic prosperity, then it will only do so by lifting up poor and working people.
Now, Capitalism is viewed as the great social and economic panacea, especially in USA-led western society.

However, as the Covid-19 pandemic continues to knife its way through the global community, Trickle Down is swiftly being viewed as having failed. If the world is to step out of this pandemic anytime soon it will take society as a whole- rich and poor- working with governments.

Rebuilding pandemic riven society has taken huge government intervention in the form of stimulus. And that stimulus has been offered to both rich and poor.

Giving stimulus to the rich is viewed as a valid effort to generate economic activity, as business is viewed as a primary generator of prosperity.

But it is consumption, not production that drives consumer demand. Consumers are the beginning and ending of economic activity. Cash in the pockets of the poor and working people is what drives an economy, over and above cash in the bank for the wealthy and powerful.

The USA has moved to the left since the election of President Joe Biden. Biden has promised to invest in the working man and in blue-collar manufacturing as the way to a stronger and more prosperous society. The President has further stated that he will spend trillions on a type of New Deal. This will be infrastructure spending targeted at the working classes. Biden is right in his assertions.

On the other hand, Donald Trump and his right-wing, white supremacist culture, brought the USA to global ignominy.

And a look at modern political history clearly reveals that right-wing governments frequently end with economic recession and even war. It is center-left governments- social democracies- that do the work that lifts countries to social and economic prosperity.

Why? The simple answer may be that cash in the pockets of poor and working people generates economic activity to a much greater degree than when all social and economic resources are monopolized by the 1%, as is the case today, where a few hundred billionaires rule the world.

The last time the world witnessed a booming economy was in the Bill Clinton era. Since that time deregulation and supply-side-driven wealth inequalities in the west have kept the majority of consumers in wage stagnation and even fear of the future.

Countries that purposefully work towards social equality fare better in life indices from longevity to happiness, and the possession of better quality social and public services.

Investing in the people in terms of ensuring accessible quality healthcare, obtainable quality academic and vocational education at all levels, the provision of social welfare, investing in a sustainable environment, and in infrastructure that benefits all of a country’s people, has shown that when the preceding is done, that is when economic growth is sustainable long term.

Strong societies are societies that are compassionate, equal and fair. The western idea of survival of the fittest as the ticket to prosperity has actually been a misnomer.

Strong and prosperous societies are those that lift up the whole population and not just the tiny percentage at the top.

For these Virgin Islands, the leaders who focus on the bottom of the social pyramid, ensuring the economy works for the poor and downtrodden, and not just the elite, will succeed politically and economically over leaders who believe that rubbing shoulders with elites and billionaires is their gateway to the Kingdom.

The road to Eldorado does not run through multibillion-dollar corporations. It runs through a fair and just society that invests in the most vulnerable of its residents, and that respects the dignity and welfare of every citizen, not just the wealthy, privileged and powerful.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Spotify’s Strange Move: The Feature Nobody Asked For – Returns
Manhunt in Australia: Armed Anti-Government Suspect Kills Police Officers Sent to Arrest Him
China Launches World’s Most Powerful Neutrino Detector
How Beijing-Linked Networks Shape Elections in New York City
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
2 Australian Police Shot Dead In Encounter In Rural Victoria State
Vietnam Evacuates Hundreds of Thousands as Typhoon Kajiki Strikes; China’s Sanya Shuts Down
UK Government Delays Decision on China’s Proposed London Embassy Amid Concerns Over Redacted Plans
A 150-Year Tradition to Be Abolished? Uproar Over the Popular Central Park Attraction
A new faith called Robotheism claims artificial intelligence isn’t just smart but actually God itself
Deputy Prime Minister Angela Rayner Purchases Third Property Amid Housing Tax Reforms Debate
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Italian Facebook Group Sharing Intimate Images Without Consent Shut Down Amid Police Investigation
Dutch Foreign Minister Resigns Amid Deadlock Over Israel Sanctions
Trump and Allies Send Messages of Support to Ukraine on Independence Day Amid Ongoing Conflict
China Reels as Telegram Chat Group Shares Hidden-Camera Footage of Women and Children
Sam Nicoresti becomes first transgender comedian to win Edinburgh Comedy Award
Builders uncover historic human remains in Lancashire house renovation
Australia Wants to Tax Your Empty Bedrooms
MotoGP Cameraman Narrowly Avoids Pedro Acosta Crash at Hungarian Grand Prix
FBI Investigates John Bolton Over Classified Documents in High-Profile Raids
Report reveals OpenAI pitched national ChatGPT Plus subscription to UK ministers
Labour set to freeze income tax thresholds in long-term 'stealth' tax raid
Coca‑Cola explores sale of Costa coffee chain
Trial hears dog walker was chased and fatally stabbed by trio
Restaurateur resigns from government hospitality council over tax criticism
Spanish City funfair shut after serious ride injury
Suspected arson at Ilford restaurant leaves three in critical condition
Tottenham beat Manchester City to go top of Premier League
Bank holiday heatwave to hit 30°C before remnants of Hurricane Erin arrive
UK to deploy immigration advisers to West Africa to block fake visas
Nurse who raped woman continued working for a year despite police alert
Drought forces closures of England’s canal routes, canceling boat holidays
Sweet tooth scents: food-inspired perfumes surge as weight-loss drugs suppress appetites
Experts warn Britain dangerously reliant on imported food
Family of Notting Hill Carnival murder victim call event unmanageable
Bunkers, Billions and Apocalypse: The Secret Compounds of Zuckerberg and the Tech Giants
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
New York Appeals Court Voids Nearly $500 Million Civil Fraud Penalty Against Trump While Upholding Fraud Liability
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
Child-free hotels spark controversy
North Korea is where this 95-year-old wants to die. South Korea won’t let him go. Is this our ally or a human rights enemy?
Hong Kong Launches Regulatory Regime and Trials for HKD-Backed Stablecoins
China rehearses September 3 Victory Day parade as imagery points to ‘loyal wingman’ FH-97 family presence
×