Tuition Fees are only a symptom of a larger problem.

The hike in tuition fees is only a symptom of a much wider problem.

Even if tuition fees were not increased your future wealth is being stolen in other ways. The problem is that governments have been taken over by the financial sector. The public are now being bled dry to fund their greed.

This four page article by a former IMF Chief Economist explains what has happened. Every student would be well advised to read it (but then don't all go into banking!)

http://www.theatlantic.com/magazine/archive/2009/05/the-quiet-coup/7364/

The article has a USA slant but the outcome has affected the world.

If you want to stop such as tuition fee rises you need to campaign to try return government to the people.

Reply 1

Martyn*

13

The money masters are in control and have been working behind the scenes slowly removing, removing, removing...

Reply 2

CassandraW

OP

Original post by Martyn*

The money masters are in control and have been working behind the scenes slowly removing, removing, removing...

Precisely.

All the profits have remained in the private sector and now the public are paying for the losses. Students need to improve their futures by looking at the root cause of why tuition fees are increasing. Protesting about tuition fees is like being upset about a single snowflake in the middle of a snowstorm.

Reply 3

Mannix99

Original post by CassandraW

The hike in tuition fees is only a symptom of a much wider problem.

Even if tuition fees were not increased your future wealth is being stolen in other ways. The problem is that governments have been taken over by the financial sector. The public are now being bled dry to fund their greed.

This four page article by a former IMF Chief Economist explains what has happened. Every student would be well advised to read it (but then don't all go into banking!)

http://www.theatlantic.com/magazine/archive/2009/05/the-quiet-coup/7364/

The article has a USA slant but the outcome has affected the world.

If you want to stop such as tuition fee rises you need to campaign to try return government to the people.

You could have gone further and says that the financial sectors is actually:
- funding your study
- funding your retirement
- funding the NHS
etc..
What people pay through taxes DOES NOT cover these expenses. This is why we can not let the banks fall, because if they fall, all the thing you're used to use without even thinking about how these services are being paid, are going to be seriously reduced.
To "return governement to the people" would then mean that the people, and only him (and so no borrowing from the banks) is financing all the services. Is it what you want?

Reply 4

CassandraW

OP

So according to you there was no life before 1986 when the financial sector started taking over?

Prior to the "big bang" in 1986 and the repeal of Glass-Steagal in 1990 we had capitalism and banks but a fairer society. Now we have growing inequality where less people own more and more of the wealth.

Reply 5

Mannix99

Original post by CassandraW

So according to you there was no life before 1986 when the financial sector started taking over?

Prior to the "big bang" in 1986 and the repeal of Glass-Steagal in 1990 we had capitalism and banks but a fairer society. Now we have growing inequality where less people own more and more of the wealth.

Before 1986 there was at least 1 millions less people on benefit or using the NHS in this country. 52% of young people go to University whereas in the 80's that was the privilege of a very small minority. There is also the exploding cost of Legal Aid and other services (for example the army: wars are not cheap) that have seen their budget increase substantially since the mid-eighties.

All this money must come from somewhere and doesn't come from taxes but rather from the money that the government is borrowing from the banks around the world. This is why to be ratted AAA is important: it ensures that the government can carry on borrowing.

The increase of inequality is in phase with a sharp rise in immigration. The migrants benefit mostly the peoples that are already rich. In the meantime, because the migrants have a lower wage than the average British person, this increase the gap between the rich and the poor. Thus the rich become richer and you have more and more poor people.

Reply 6

Aj12

18

Original post by CassandraW

So according to you there was no life before 1986 when the financial sector started taking over?

Prior to the "big bang" in 1986 and the repeal of Glass-Steagal in 1990 we had capitalism and banks but a fairer society. Now we have growing inequality where less people own more and more of the wealth.

We have growing inequality sure. The gap between rich and poor may be growing but if the poor have a fairly good standard of living why does it matter?

Tuition Fees are only a symptom of a larger problem.

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