Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/683/12690

From The Socialist newspaper, 31 August 2011

'Broken Britain'...

Kath White

Welcome to David Cameron's latest wheeze to save 'broken Britain' - the Social Impact Bond. It's got a lot in common with all Desperate Dave's other failed remedies.

The bond begs private investors to fund intensive programmes totalling 40 million for the 120,000 'troubled', 'dysfunctional' families that Cameron blames for most of Britain's problems.

Tory ministers want 'philanthropic' firms, investors and charities to put their cash into projects that help these families cut the number of days their children spend in care, lower the rate of teenage pregnancies and reduce the number of visits to hospital A&E wards. 'Please stop breathing or at least stop breeding' sums up Cameron's analysis of the social problems that his government is relentlessly making worse.

As a carrot for these investors they will be paid a dividend for 'successful projects' - the whole scheme will really be a backhanded form of privatisation.

The pilot schemes are in Tory-run cities that already face cuts in public sector spending. One of these councils, Birmingham, is threatening to lay off 7,000 of its workers and has recently cut 15 million from its grants for local charities.

A pilot scheme in Westminster showed that 20,000 invested in a 'problem family' could save 40,000 that would have been spent on social workers, police and child protection staff. So why aren't the council spending it rather than cutting services and relying on bribing private investors to only partially replace them?

For three decades now, governments have told us that neoliberal economic policies such as privatisation would be our salvation.

Now in a period of huge anxiety about the worsening recession, all Cameron can offer is a plan for a handful of capitalists to massively enrich themselves amid all the carnage.

Keep fighting against the public sector cuts and for a socialist alternative.


...and 'Broke Britons'

Dave Carr

'Fixing broken Britain' with austerity measures is the constant refrain of prime minister David Cameron.

But government spending cuts, pay freezes, tax increases and job losses are leading to millions of 'broke Britons'.

As the UK economy continues to flatline, a recent survey shows that a majority of the country's eleven million low to middle income workers are living a hand-to-mouth existence.

The financial plight of the 'working poor' has been made worse by the government allowing privately owned companies to let prices rip.

Statistics collected by Ipsos Mori for the Resolution Foundation think tank show that 52% of low to middle income households (ie those earning between 12,000 and 48,000 a year) don't have any cash left at the end of each month.

Unsurprisingly only 27% of low to middle income earners are able to make monthly savings compared to 47% of those on higher incomes.

Many of those surveyed expected their financial position to worsen in the next year as all costs increase.

For example, recent research shows that the price of school dinners is going up in two-thirds of schools this year.

As consumer spending accounts for two-thirds of GDP (total economic output), squeezing people's incomes will further depress the ailing economy.

However, this unashamedly business-friendly government continues to preside over an ever-widening wealth gap.

While people are forced to continually juggle payments of their soaring rent and household bills, utility companies like EDF and British Gas, high street banks, train operating companies, etc, rake in mega profits.

Earlier this year it was reported that the richest 1,000 individuals in the UK enjoyed a combined wealth of 396 billion.

This astronomical sum is 18% (60.2 billion) more than they had in 2010 and this increase alone is almost enough to plug the government's budget deficit.

Yes, Britain is broken and broke. But the cause of this 'breakdown' is not to be found in the supposed extravagance of ordinary people but in the money-grubbing profit system which benefits a rich minority. The cure is simple, let's get rid of capitalism!

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 31 August 2011:


Fighting public sector cuts

Mass action can stop the cuts

Con-Dems out to destroy NHS

Housing crisis wrecks people's lives

A warning from the FE sector - hands off our education!


Socialist Party editorial

The riots and the aftermath


Socialist Party news and analysis

Gaddafi regime crumbles

'Murdochgate' places Cameron under spotlight

'Broken Britain'...

Fast News


Socialist Party youth and students

We won't be a lost generation - fight for jobs and education


Socialist Party workplace news

Plymouth Unison - Battle to reverse de-recognition - Solidarity needed!

31st August - further day of protest by construction workers

Tyne and Wear: Churchill Metro workers begin fightback

South Yorkshire Newspapers strike now in seventh week

Youth workers strike across Oxfordshire

Part time workers and the great job con


Socialist Party reports and campaigns

Keep EDL out!

6,500 Swansea children in poverty

Socialist Party summer camp

Newcastle-under-Lyme Socialist Party is now up and running!


Socialist Party review

Why Marx was right


 

Home   |   The Socialist 31 August 2011   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Britain:

triangleThe 'national unity' threat to Corbynism

triangleWaltham Forest Socialist Party: What is the role of a revolutionary party in Britain today?

triangleBoris, Brexit and British capitalism

triangleSame old millionaire Tories - Fight to kick them out

triangleWhat now for Brexit?

Cuts:

triangleSouth Yorkshire FBU celebrates halt to cuts

triangleTory meltdown - Organise to finish them off

triangleDozens of protests say Boris must go - Socialist Party policies heard on TV

triangleMoney doesn't make up for cuts - education unions must organise for funding and against Tory attacks

Privatisation:

triangleFrimley hospital staff fight back-door privatisation

triangleProbation hostel rest room win

triangleStrike action wins privatisation reprieve at Bradford hospitals

Public sector:

trianglePCS elections: Support socialist candidates

triangleProbation privatisation failure

David Cameron:

trianglePhilip Green scandal - bring him down like BHS

Economy:

triangleWhat strategy can end the retail jobs massacre?

News and socialist analysis

News and socialist analysis

18/9/19

PCS

Building a new left in PCS

18/9/19

Climate change

Climate change: what's socialism got to do with it?

18/9/19

Workers

Stand firm against the pro-capitalist politicians

18/9/19

EU

Trade union movement must put its stamp on swirling events

18/9/19

Northern Ireland

Northern Ireland: Campaign mounts over historic sexual abuse allegations cover-up

18/9/19

Students

How students can fight and win

18/9/19

Tories

Ditch the Tories - and austerity

11/9/19

Scotland

Scotland and Brexit: Developing threat to the capitalist union

11/9/19

General election

Tory meltdown - Organise to finish them off

6/9/19

Government

Tories in tatters: Corbyn must seize the time

4/9/19

Demonstration

Marches, blockades, strikes, occupations... How can protests win?

4/9/19

Socialist Party

Dozens of protests say Boris must go - Socialist Party policies heard on TV

4/9/19

Retail

What strategy can end the retail jobs massacre?

4/9/19

Wales

Austerity anger feeds movement for Welsh independence

4/9/19

Bury

Bury expelled from football league: Boot out the bosses ruining our game

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07954 376 096

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999