Author: Mark E Thomas

Mark E Thomas is the author of 99%. He has spent most of his career in business; for many years he ran the Strategy practice at PA Consulting Group. Mark is a Visiting Professor at IE Business School and has a degree in Mathematics from Cambridge University. Mark founded the 99% Organisation, an inclusive volunteer movement of people who want to end mass impoverishment by peaceful means.https://99-percent.org/

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What every Labour MP should know

Mark E Thomas

While in opposition, Rachel Reeves and Sir Keir Starmer spoke of the need for a decade of national renewal; and since they have taken office, the evidence of the need for that renewal has grown even stronger. They have also spoken about a “financial black hole, the £22bn of unfunded spending commitments, concealed from our country by the […]

How to become a billionaire

Mark E Thomas

There is a rather wonderful story about billionaires. According to this story, a small number of exceptionally gifted and hard-working people, through their own talent and dedication, create and build businesses which both enrich themselves and hugely benefit the rest of the world: their customers, their employees, their suppliers and the rest of society (via […]

When to change a winning game

Mark E Thomas

“Big Bill” Tilden – the 1920s equivalent of Roger Federer – said, “Never change a winning game; always change a losing one.” Almost always, that is sound advice – but not right now, not for Labour. Labour won the general election, in no small measure due to their ‘small target’ strategy. But sticking to it […]

The war after the battle

Mark E Thomas

How the far-right may lose the battle, but still hope to win the war As many centre-right politicians and commentators have warned us, what used to be the Conservative Party has become a vehicle for the far-right. Philip Hammond wrote:  “the Conservative party has been taken over by unelected advisers, entryists and usurpers who are trying to turn […]

Are we in for the dirtiest general election campaign so far?

Mark E Thomas

On May 22, 2024, Sunak finally announced the date of the next General Election: July 4. As the polls show, he has quite a challenge to win – or even to prevent Labour from securing an outright majority. But the Conservative Party is traditionally one of the world’s most effective election-winning machines, and it would be complacent not to assume […]

Operation Save Little Dog

Mark E Thomas

When it was clear Johnson was on the way out, his allies launched Operation Save Big Dog. This article explores what we might call Operation Save Little Dog – the equivalent for Sunak, in the wake of the worse-than-expected results in the Council elections. The factions on the right are now quite complex: there are the extreme-right backers of the […]

What the extreme-right may be planning

Mark E Thomas

The wealthy market fundamentalists who fund the right-wing think tanks have different objectives from the UK population as a whole. These think tanks propose such policies as abolishing the NHS, allowing slums with substandard housing to ‘solve’ the housing crisis, slashing benefits to pensioners in order to reduce taxes and letting the climate crisis go unchecked. The UK population as […]

The budget we SHOULD have had…

Mark E Thomas

Getting the Budget right is a critically important part of governing well. If the Budget is well-formulated, it gives space to address the real issues; if it is not, then whatever promises politicians make, they will not be able to keep. Frequently, Budget analysis in the media does not look at it this way and […]

Stopping the slide

Mark E Thomas

In many elections, the key issues are living standards and the state of the economy. In the UK today,  voters are (rightly) concerned that their living standards are lower today than they were in 2010 and that public services (especially the NHS) are in crisis. These valid concerns can however obscure an even more fundamental […]

A budget for the wealthiest

Mark E Thomas

All Budgets are important, but this one is especially critical: 13 years of market fundamentalist policy choices have left the UK in a state of decay, with a weak economy, falling real wages, a cost-of-living crisis and growing poverty. Our public services are on their knees: our schools are crumbling and even our cherished NHS is struggling […]

Talking to your neighbour

Mark E Thomas

We all have at least one neighbour who has become despairing about the state and trajectory of the UK. And despair is not a basis for change. This article suggests three simple and powerful messages that you can share with anyone open-minded enough to listen and which, once they are aware, might give them cause […]

Saving the UK’s social contract – starting with the NHS

Mark E Thomas

Even on the 75th anniversary of its foundation, the NHS came under assault from the far-right. This article tackles the claims of its detractors and shows how a team of volunteers has taken the argument to Parliament to defend the NHS – and the UK economy. The assault on the NHS When the NHS was […]

Killing the (market fundamentalist) Hydra

Mark E Thomas

Sometimes the challenges facing those of us who would like the UK to remain a civilised country with a functioning democracy and a strong social contract seem daunting. This article suggests that we may be able to learn a lot from Greek mythology. The way Hercules killed the Hydra – a 10-headed venomous serpent – […]

How not to handle the cost-of-living crisis

Mark E Thomas

Churchill commented, “It is a joke in Britain to say that the War Office is always preparing for the last war. But this is probably true of other departments and of other countries, and it was certainly true of the French Army.” It is certainly true of the Treasury and the Bank of England in their […]

The frog, the elephant and the jellyfish

Mark E Thomas

In late 2015, I began work on the book which was finally published in 2019 as 99%: Mass Impoverishment and How We Can End It. The book’s original working title – which was deemed too cheesy for publication – was The Frog, the Elephant and the Jellyfish. Recent events in the UK have made me reflect on […]

From Nasty to Nat C?

Mark E Thomas

This article looks at how far and how fast the Conservative Party has shifted to the extreme right, and what we can do about it: Leading Conservative Party members have been warning us for a long time about the extremist trends in their party; It is not just economic policies that have become extreme: they […]

What can we learn from the council elections?

Mark E Thomas

The results of the Council Elections are now in, and it is a good time to ask: what have we learned? Our take is that: The results were worrying for the Conservatives; but They were deeply worrying for democracy; so We can be confident about the next election but not complacent. The results were worrying for the Conservatives […]

Is the country safe in the Conservatives’ hands?

Mark E Thomas

After 13 years in power, the Conservatives want us to believe that the UK is safe in their hands. This article explains how, given a just a few more years, they can complete their transformation of the UK into a playground for their donors – at our expense: There has been a successful, but gradual, unwinding of […]

Why so nasty?

Mark E Thomas

In 2002, Theresa May famously said to the party faithful, “Yes, we’ve made progress, but let’s not kid ourselves. There’s a way to go before we can return to government. … You know what some people call us: the nasty party.“ Since regaining power, however, it does not seem as though the Conservative Party has been […]

Hunt’s defeatist budget needlessly fails to tackle our problems

Mark E Thomas

Hunt’s latest Budget shows the UK heading for a dismal future. According to the Office for Budget Responsibility, the UK is now facing two years with the sharpest fall in living standards since records began. The economy will contract again this year. The level of taxation is at the highest for many decades. Our growth […]

What is the market fundamentalist agenda?

Mark E Thomas

This is a long post from Oct 2019, and some of what it says would have seemed seem hard to believe back then. But now? Now when we see cuts to public services, the increasing wealth gap, steady defunding of council services, the running down of the NHS and talk of the use of artificial […]

Why is this happening to us?

Mark E Thomas

For many years, in the UK as well as other countries, progress across a wide range of issues seemed to be the natural order of things. Almost every year, the economy would grow a little and people’s real (inflation-adjusted) wages would grow with them. Almost every year, in other words, most people would become just […]

How the light gets in

Mark E Thomas

After 12 years of Conservative government, the UK faces serious and rapidly growing problems on multiple fronts: 1) economically, 2) in terms of the financial, physical and mental health of the population and 3) in human rights and democratic safeguards. Last week we showed how far the UK economy is falling behind other leading economies and how its population […]

The social contract, the ‘deal’ that makes us a civilised country, is under grave threat, but we aren’t even talking about it.

Mark E Thomas

Our social contract – the ‘deal’ that makes us a civilised country – is under grave threat both practically and philosophically. And we are not talking about it. Practically, the UK is in a grave situation. We are in the midst of a serious cost-of-living crisis which will plunge over half of the UK population into fuel poverty […]

A budget that says the quiet part out loud

Mark E Thomas

The Conservative Party have now been in power in the UK for 12 years. Over that time huge economic and social problems have emerged. It is clear that the UK needs a change in direction. And this is what Truss and Kwarteng promised. They have now shown very clearly how they intend to tackle these […]

Johnson the worst prime minister? He will be eclipsed by Truss

Mark E Thomas

Johnson has a strong claim to be the worst UK PM so far in terms of “… wages, economy, COVID, poverty, … preserving democracy, etc, …” But before the history books are written, he will be eclipsed by Truss, argues Mark E Thomas. It is true that Truss has inherited (and played an active part […]