One of the UK Meritocracy Party's top priorities is to nationalise the banking sector to replace the Profit Principle with the People Principle. Our goal is to see top-notch experts leading UK banks in your interest and not those of their shareholders who only care about their return-on-investment: no matter the economic, social and environmental costs produced by the banks pursuing short-term gains.
Will this happen overnight?
The short answer is no. Our monetary and banking system is at the heart of everything we do and must be handled with extreme care. We'll also be facing opposition from everyone who benefits from the current system.
So what's the plan then?
For the short-term, we're very much in favour of Positive Money's campaign to reform finance, which involves:
- More DIVERSITY
- More RESPONSIBILITY
- More TRANSPARENCY
- More SUSTAINABILITY
- More DEMOCRACY
Should we achieve a majority in Parliament, you can bet that'll be pushing for their agenda alongside the nationalisation of the banking sector.
This is linked with our first policy of Transforming Finance. Austerity is being rammed down our throats when it's unnecessary. Consider this: when the UK was being flooded, we suddenly had enough money for flood relief schemes. Cameron declared that "money is no object". Yet it certainly is an object when it comes to tackling poverty and homelessness. Why is that? It's because these are political decisions made to favour a narrow elite.
We've already bailed out the banks to the tune of a trillion pounds. It's time to bail out the people who need it the most instead of financial institutions that don't give a shit.
Equal Opportunity for Every Child Act
It's estimated that 3.5 million children are in poverty in the UK and that we're failing to meet the 2020 goal of reducing that. In fact, things have only gotten worse.
We suffer from a severe lack of equal opportunity for every child and that's something that has to change.
With the Equal Opportunity for Every Child Act the UKMP will work to guarantee a basic standard of living for everyone, starting with the youngest and working our way up gradually as we investigate the best way to tackle this situation.
Millionaire Estate Tax
We're meritocrats. That means we're against inheritance on principle. But we also understand that you want to save up and protect your children from the harshness of the world, after all, nobody is guaranteeing them a future except you right now. But there has to be a limit. Over 30% of the world's billionaires have inherited their wealth. Do you really want your kids to be squabbling over your money instead of teaching them how to earn it on their own and to be financially independent?
Think about it, most children will inherit well into their 40s and 50s. How is it conceivably fair to receive millions or billions from your parents at that age? Hint: it isn't, you know it, I know it and they know it.
The UKMP will tax anything over £1,000,000 in inheritance at 100%. This mean you can inherit up to £1 million. The money taxed over that amount will be used to fund the social services and the public infrastructure that we all rely on.
A living wage is beneficial in two ways. Firstly, it helps people become financially self-sufficient. Secondly, it helps society by cutting down on welfare. Less people will need to enrol into welfare programmes if they're actually earning what they need to live. If you're working 40 hours a week and are struggling to survive then that means the system has a problem that needs to be fixed.
Few employers voluntarily sign up to a living wage. Business is about making a profit after all. That's why the State has to intervene to protect the interests of all of her citizens.
The UKMP is committed to making the living wage mandatory for all businesses in the UK. Learn more about how it works by clicking here.
We are faced on a global scale with inequality, corruption, poverty, hunger, disease and war. A lot of people will either tell you that the world has and always will be a mess. They'll argue that there's no point in doing anything about it. That's where we disagree!
Why do we disagree?
Because we know what the root cause of these problems is. It's the greed of a small cabal of privileged and wealthy families that dominate our political, economic and social systems. We call them the Greedy Cabal. They're interested in nothing else than furthering their own power, wealth and influence. They transfer that power down generation after generation through inheritance.
There's no sinister conspiracy involved. They do it right in front of our faces.
Almost half of the world’s wealth is now owned by just one percent of the population.
Policies successfully imposed by the rich in recent decades include financial deregulation, tax havens and secrecy, anti-competitive business practice, lower tax rates on high incomes and investments and cuts or underinvestment in public services for the majority.
Globally, the richest individuals and companies hide trillions of dollars away from the tax man in a web of tax havens around the world. It is estimated that $21 trillion is held unrecorded and off-shore.
These people are the problem. They are skilled manipulators who rig the game in their favour at every step of the way. They bribe, threaten and coerce our politicians to do their bidding, which creates a vicious cycle where they gain ever more power thanks to "favourable legislation", which in turn lets them push for even more "favourable legislation" (for them, of course, not for anyone else).
Nobody in the Greedy Cabal is elected. They are born into privilege, go to private schools, clubs and universities. They mix and mingle with other members of the Cabal and split up the best jobs between them. It's nauseating.
We are sick and tired of being second-class citizens in this two-tier society. We are going to put an end to the rule by the Greedy Cabal. They are leading us into the abyss. We need a different type of world, one where everyone has equal opportunity to thrive to the greatest extent of their individual talent and determination. A world where the most knowledgeable from among us decide on policy that furthers the public interest, instead of a private, unelected and unaccountable elite furthering their own agenda through our politicians.
Joining the UKMP is an important step forward in your commitment to achieving Equal Opportunity for Every Child. By becoming a party member you're declaring yourself to be a meritocrat, someone who values knowledge and experience over nepotism, cronyism and money. You're in favour of nationalising the banks, cancelling illegitimate debt, implementing the Millionaire Estate Tax and putting qualified people into Parliament.
By applying for membership of the UKMP, you agree to abide by the UKMP Constitution and the Party Rules. You recognise that the UKMP reserves the right to reject applications or to terminate membership if these criteria are not met.
Please make sure you fill out all the details accurately.
Important: Please note that you must be a UK resident and/or citizen to become a Party Member. If you're a non-UK resident/citizen and would still like to show your support toward the Party, then please consider becoming an International Supporter. Thank you!Donate
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I believe in Equal Opportunity for Every Child.