Beautiful Virgin Islands


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
Unelected PM of the UK holds an emergency meeting because a candidate got voted in… which he says is a threat to democracy…
I have a dream, MLK inspiring speech
Rob Schneider explains California reparations legislation.
Aretha Franklin, Marvis Staples - Oh Happy Day
Who knew badminton could get so intense?
BVI Freedom Song
Farmers break through police barriers in Brussels.
Billy Preston - You Can't Beat God Giving (Live)
London's Iconic British Telecom Tower Sold To Become Hotel
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Ukraine Arrests Father-Son Duo In Lockbit Cybercrime Bust
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
US Offers $15 Million For Info On Leaders Of Cybercrime Group Lockbit
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Russia Claims UK Cultural Agency Spied for Ukraine
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Apple warns against drying iPhones with rice
Hello Dolly
Alexei Navalny: UK sanctions Russian prison chiefs after activist's death
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
German economy is in 'troubled waters' - ministry
Bob Marley - Get Up Stand Up
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Yes He Can
New video
What A Friend We Have In Jesus
Tucker Carlson says Boris Johnson wants "a million dollars, in Bitcoin or cash, from Tucker Carlson to talk about Ukraine.
Unforgettable
Russia is rebuilding capacity to destabilize European countries, new UK report warns
Touch The Hem Of His Garment
EU Commission wants anti-drone defenses at Brussels HQ
The Lord's Prayer
Von der Leyen’s 2nd-term pitch: More military might, less climate talk
THE GOD MOVEMENT...BEAUTIFUL BVI
Global Law Enforcement Dismantles Lockbit Ransomware Operation
Siyahamba
Prince William Urges End to Gaza Conflict
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
UK court to hear Assange's final appeal against extradition to the US, where he faces charges related to his journalistic work—the publication of a classified video in 2010 that exposed US war crimes against humanity.
Ramblin' Rose
About 50-60% kids either chose to be YouTuber or influencer
Protoje - Who Knows ft. Chronixx
A viral video of Nationals MP Barnaby Joyce lying on a Canberra footpath is celebrated by his media mates.
Pressure - Virgin Islands Nice
European Countries React to Navalny's Death by Summoning Russian Diplomats
Phil Wickham - House Of The Lord
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
My God Is Real (Yes, God Is Real)
English farmers to be offered ‘largest ever’ grant scheme amid food security concerns
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
Cameron government knew Post Office ditched Horizon IT investigation
Louis Armstrong - When The Saints Go Marching In
EU Calls for Immediate Ceasefire in Gaza Conflict
Kanye West Sunday Service - hallelujah, salvation, and glory
EU Vows To Hold Putin "Accountable" After Meeting Alexei Navalny's Wife
Jonathan Nelson - I Believe (Island Medley
EU Launches Probe Into TikTok Over Child Protection Under Digital Content Law
From The Virgin Islands Sqad Up
The EU Initiates Naval Mission to Defend Red Sea Trade Routes
Common, John Legend - Glory
EU and UK Announce Joint Effort on Migration
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
Brazil's Lula Likens Gaza Operation to Holocaust, Israel Says "Red Line" Crossed
I have a dream, MLK inspiring speech
Ministers Confirm Proposal to Prohibit Mobile Phone Usage in English Schools
Aretha Franklin, Marvis Staples - Oh Happy Day
Microsoft-backed OpenAI valued at $80bn after company completes deal
BVI Freedom Song
‘Alexei would want to tell Russia not to give up fighting’
Billy Preston - You Can't Beat God Giving (Live)
Rwandan Footballer's Dismissal Sparks Concerns Over UK Asylum Plan
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Whisky Challenges China's Baijiu Market During New Year Celebrations
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Avdiivka - Symbol Of Ukrainian Resistance Now In Control Of Russian Troops
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Putin Critic Alexei Navalny's "Killers" Refusing To Hand Over Body, Say Allies
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
×