Failure of a profit without morals policy

A GLANCE through our history (or a visit to a National Trust country house) reveals there has always been a gap between the lifestyle of the wealthy and that of the workforce that makes the goods, provides the services etc that produces the profit.

That gap is obviously widening and is now said to be between ‘the have yachts and the have nots’.

The likes of Philip Circus, in his County Times column, really must realise that this immoral differential has generated anger and desperation in both public and private sectors.

The introduction of public sector pensions towards the end of the 19th century coincided with an embryonic, nationally uniform public sector/local government that had, of necessity, been introduced to administer Poor Laws, education, public health, housing and factory legislation.

The aim was thereby to improve the iniquitous working and living conditions that had arisen during the wealth creating industrial revolution.

In addition the ill health and illiteracy of the labour force had been impairing industrial and commercial efficiency and productivity.

The purpose of the public sector is solely to provide a public service; the purpose of the private sector is to produce a profit.

To do the job properly, be it a teacher, district nurse or sewerman, the security of a pension has always been a very significant part of the deal to encourage loyalty and long service.

Do not blame the public sector for the financial mess the Western industrial nations are in.

If profit is being unfairly distributed and the private sector is unable to provide satisfactory pensions, that is a failure of a profit without morals policy.


London Road, Ashington