Beautiful Virgin Islands

Saturday, Mar 14, 2026

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
Weak Growth Signals UK Economy Was Faltering Even Before Middle East Energy Shock
Marks & Spencer Tops UK Fashion Retail Rankings as Most Considered Brand
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Royal Navy to Acquire Twenty Uncrewed Surface Vessels for Autonomous Warfare Testing
Russia Summons British and French Envoys After Ukrainian Storm Shadow Strike on Strategic Facility
Starmer Confirms Britain Will Maintain Sanctions on Russia Despite U.S. Policy Shift
UK Moves to Refine AI Definition in Investment Security Reform
UK Economy Stalls in January as Growth Unexpectedly Falls to Zero
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
Iran Sets Three Conditions for Ending Regional War as Diplomatic Efforts Intensify
Tesla Secures Approval to Supply Electricity Directly to Homes Across Britain
Prince William Delivers Tribute to Australia’s Naval Alliance Amid Renewed Royal Spotlight on the Country
UK Foreign Secretary Travels to Saudi Arabia to Reinforce Support for Regional Allies
Putin’s ‘Hidden Hand’ May Be Assisting Iran in Conflict With Trump, UK Defence Secretary Warns
UK Sets April Deadline for Tech Platforms to Strengthen Online Protections for Children
Elon Musk Moves Into Britain’s Energy Market as Tesla Wins Licence to Supply Power
UK Watchdog Warns Fuel Retailers Against Profiteering Amid Iran War Price Surge
Report Claims Iran Used UK Charity Network to Expand Influence
United States and United Kingdom Establish Joint Standards for Counter-Drone Technology
Iran May Be Laying Naval Mines in Strait of Hormuz, UK Warns Amid Escalating Gulf Tensions
US Deploys Bunker-Buster Bombs to UK Airbase as Iran Conflict Intensifies
British Troops in Iraq Intercept Iranian Drones Targeting Coalition Base
Release of Mandelson Files Raises Tensions as UK Seeks Stable Relations With Donald Trump
UK Documents Reveal Starmer Was Warned About Mandelson’s Epstein Links Before Ambassador Appointment
Nearly Five Hundred UK Mortgage Deals Withdrawn in Two Days as Market Volatility Forces Lenders to Reprice
Three Cargo Ships Hit Near Iran as Attacks Spread to Strategic Strait of Hormuz
Why British Police Repeatedly Declined to Investigate Jeffrey Epstein’s UK Links
UK Parliament Ends Hereditary Seats in House of Lords, Closing Chapter on Centuries of Aristocratic Lawmaking
EU and UK Urge Israel to Act Against Rising West Bank Settler Violence Amid Regional Tensions
US Senator John Kennedy Says Keir Starmer Should Not Be Trusted for Military Advice Amid Iran War Debate
UK High Court Rejects Attempt to Revive Terrorism Charge Against Kneecap Rapper
Revolut Secures Full UK Banking Licence After Multi-Year Regulatory Wait
Kentucky’s Bench Boost Powers Wildcats Past LSU in SEC Tournament Opener
British Couple Die After Being Pulled From Water at Australian Beach During Family Visit
British Airways Suspends UK Repatriation Flights as Middle East Travel Disruption Deepens
US Forces Prepare Ordnance at RAF Fairford as Strategic Bombers Deploy for Middle East Operations
Nigel Farage Faces Criticism After Saying Britain Should Stay Out of Iran War
Landmark UK Trial Begins Over Sony’s PlayStation Store Pricing
UK High Court Rejects Bid to Challenge Britain’s Chagos Islands Agreement With Mauritius
Finnish Duo Triumphs in England’s Annual Wife-Carrying Race, Winning a Barrel of Ale
How U.S. and UK National Security Strategies Are Reshaping the Global Business Landscape
Green Party Gains Momentum as Labour Shifts Toward the Political Centre
Royal Navy Destroyer HMS Dragon Sets Sail for Eastern Mediterranean as Regional Tensions Rise
UK Homebuilder Persimmon Warns Iran Conflict Could Dent Property Buyer Confidence
Roman Abramovich Signals Legal Fight if UK Seeks to Seize Chelsea Sale Funds
UK Ready to Back Emergency Oil Reserve Release as Middle East Conflict Pushes Prices Higher
Study of 40,000 Articles Sparks Debate Over Alleged Anti-Muslim Bias in UK Media
×