The TUC rally, hummus and me

Those of us who were proudly and peacefully protesting in Hyde Park resent being associated with the

I don't like hummus. In fact, I despise hummus. I prefer going straight for the main "dead animal" course in my local Lebanese -- a shawarma, perhaps, or even a lamb chop. But hummus? Never.

So the claim that those of us who preferred to go on the TUC march -- rather than vandalise a state-owned bank or throw paint at the police -- were just "munching houmous in Hyde Park and listening to some speeches" would have offended me if it wasn't so silly.

But my fellow NS blogger Laurie Penny is allowed to be silly if she wants to. If she wants to hang from a set of traffic lights in Oxford Circus, then that's her prerogative. She's entitled to her views -- and her "riot boots".

But I'm entitled to my views -- and I'm annoyed with the violent "protesters" (thugs?) who tried to wreck an important and historic march by rewarding right-wing, pro-cuts media outlets with the negative headlines and imagery that they had so craved. Then again, what else does one expect from a bunch of outraged kids who prefer to gesticulate for the sake of the Murdoch-owned television cameras? For whom "solidarity" is merely a word to daub on the side of Topshop, rather than a lived act of joining fellow citizens on a mass scale? In my view, solidarity isn't about smashing windows in a co-ordinated manner. (Oh, and I refuse to refer to those louts as "anarchists" until I see any evidence that the disgruntled youth I saw kindling that pointless bonfire in the middle of Oxford Street has read even a page of Kropotkin.)

Here's my rather simple and old-fashioned view: the trade union movement persuaded 500,000 people to turn out on Saturday to protest against the coalition's spending cuts and "march for the alternative" -- the Robin Hood Tax, green investment in education and jobs, reform of the banks and tax justice. Five hundred thousand people. That's half a million people for those of you who can't count.

There were dozens of speakers at the Hyde Park rally -- from the leader of the opposition to elected general secretaries of Britain's biggest and smallest unions; from the National Pensioners Convention to Operation Black Vote; from poets to freeminers. There was a call-centre worker who'd walked all the way from Cardiff to make his voice heard. And, no, I didn't spot a pot of hummus in his hand.

So why was there a need for an "alternative" protest, away from the main march in London and the rally in Hyde Park? Why did UK Uncut -- a group, incidentally, whose aims, principles and even tactics I have wholeheartedly supported since its creation last year -- decide to stage a sit-in at a posh shop no one's ever heard of on Saturday afternoon? Don't get me wrong: UK Uncut had nothing to do with the violence at the weekend and have since been wrongly maligned by much of the mainstream media, but why consciously opt out of a march involving -- one more time -- 500,000 of your fellow citizens? Couldn't the well-heeled shoppers in Piccadilly have been rudely interrupted on Sunday instead? Or Friday? Or Monday? Any day other than the day of the TUC march? This scene from the Life of Brian comes to mind . . .

It's a point that Anthony Painter makes this morning over at LabourList. Like me, he objects to Laurie's blog post on the NS site and I can't help but agree with much of what he writes. Having said that, I was amused to see Anthony, an intelligent and informed blogger, whose posts I often enjoy and admire, making an idiotic demand via Twitter for an "apology" from the New Statesman. Referring to Laurie's post, he says: "A hasty apology and retraction of that part of the piece would be welcome."

First, isn't it odd that centre-left bloggers should be demanding such brazen censorship from a centre-left magazine? We're a broad church here at the NS; plural and proud of it. Second, I'm astonished that a clever, web-savvy guy can't seem to distinguish between the New Statesman -- the award-winning current-affairs magazine, founded in 1913, employing dozens of writers -- and a single blogger on the New Statesman website. Third, I think it is remiss of Anthony to write a blog post in which he takes a potshot at the New Statesman on the subject of the march/rally without acknowledging that the senior politics editor of the magazine compered the final section of Saturday's TUC rally (the video, if you want proof, is below). In return, I could now demand an "apology" from LabourList. But I won't waste time.

Instead, I'll carry on marching and rallying with the mainstream. Some of us actually want to try to change things.

Mehdi Hasan is a contributing writer for the New Statesman and the co-author of Ed: The Milibands and the Making of a Labour Leader. He was the New Statesman's senior editor (politics) from 2009-12.

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In your 30s? You missed out on £26,000 and you're not even protesting

The 1980s kids seem resigned to their fate - for now. 

Imagine you’re in your thirties, and you’re renting in a shared house, on roughly the same pay you earned five years ago. Now imagine you have a friend, also in their thirties. This friend owns their own home, gets pay rises every year and has a more generous pension to beat. In fact, they are twice as rich as you. 

When you try to talk about how worried you are about your financial situation, the friend shrugs and says: “I was in that situation too.”

Un-friend, right? But this is, in fact, reality. A study from the Institute for Fiscal Studies found that Brits in their early thirties have a median wealth of £27,000. But ten years ago, a thirty something had £53,000. In other words, that unbearable friend is just someone exactly the same as you, who is now in their forties. 

Not only do Brits born in the early 1980s have half the wealth they would have had if they were born in the 1970s, but they are the first generation to be in this position since World War II.  According to the IFS study, each cohort has got progressively richer. But then, just as the 1980s kids were reaching adulthood, a couple of things happened at once.

House prices raced ahead of wages. Employers made pensions less generous. And, at the crucial point that the 1980s kids were finding their feet in the jobs market, the recession struck. The 1980s kids didn’t manage to buy homes in time to take advantage of low mortgage rates. Instead, they are stuck paying increasing amounts of rent. 

If the wealth distribution between someone in their 30s and someone in their 40s is stark, this is only the starting point in intergenerational inequality. The IFS expects pensioners’ incomes to race ahead of workers in the coming decade. 

So why, given this unprecedented reversal in fortunes, are Brits in their early thirties not marching in the streets? Why are they not burning tyres outside the Treasury while shouting: “Give us out £26k back?” 

The obvious fact that no one is going to be protesting their granny’s good fortune aside, it seems one reason for the 1980s kids’ resignation is they are still in denial. One thirty something wrote to The Staggers that the idea of being able to buy a house had become too abstract to worry about. Instead:

“You just try and get through this month and then worry about next month, which is probably self-defeating, but I think it's quite tough to get in the mindset that you're going to put something by so maybe in 10 years you can buy a shoebox a two-hour train ride from where you actually want to be.”

Another reflected that “people keep saying ‘something will turn up’”.

The Staggers turned to our resident thirty something, Yo Zushi, for his thoughts. He agreed with the IFS analysis that the recession mattered:

"We were spoiled by an artificially inflated balloon of cheap credit and growing up was something you did… later. Then the crash came in 2007-2008, and it became something we couldn’t afford to do. 

I would have got round to becoming comfortably off, I tell myself, had I been given another ten years of amoral capitalist boom to do so. Many of those who were born in the early 1970s drifted along, took a nap and woke up in possession of a house, all mod cons and a decent-paying job. But we slightly younger Gen X-ers followed in their slipstream and somehow fell off the edge. Oh well. "

Will the inertia of the1980s kids last? Perhaps – but Zushi sees in the support for Jeremy Corbyn, a swell of feeling at last. “Our lack of access to the life we were promised in our teens has woken many of us up to why things suck. That’s a good thing. 

“And now we have Corbyn to help sort it all out. That’s not meant sarcastically – I really think he’ll do it.”