Johnny’s article builds on the ‘nouveau pauvre’ piece I’ve already reblogged, pointing out the gaping holes in Iain Duncan Smith’s logic. I think we’ve all come to the same consensus about self-employment under the Tories (and Tory Democrats) – and it isn’t what the DWP is peddling.
According to IDS, figures showing that the number of self-employed workers has jumped by 600,000 is a sign of “entrepreneurial spirit” and proves that his bungled and reckless policies are working. What is really going on is very different and lays the foundation for an unemployment time bomb at the heart of Universal Credit.
Some of the rise in self-employment is almost certainly down to falling living standards. People who have taken early retirement are setting up small businesses in an effort to pay soaring bills, along with so-called mumpreneurs – parents forced out of the workplace due to huge childcare costs and shit wages. The rise of the internet has also allowed some of those who are unemployed to generate a…
View original post 571 more words