Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/702/13566

From The Socialist newspaper, 25 January 2012

Hard Times - but not for the 1%

Defend pensions, fight the cuts in jobs and pay

Roger Shrives

As the clouds of recession grow darker, practically every section of society feels the grim effects. Apart from one group - there are few signs of recession for the super-rich!

Worldwide, they are still prospering and trying to solve the economy's problems by attacking their workers. Bosses at the industrial giant Unilever are trying to savagely cut the pensions of their workforce in Britain. But workers are fighting back with strikes.

Pickets at Unilever's Purfleet factory told Socialist Party members why they're angry at their bosses. "Unilever is the 18th richest company in the world. Chief executive Paul Polman is on 54 million in pay and share options. He has a chauffeur and claimed 75,000 in travel expenses last year."

But, as the pickets concluded: "It's us that makes them their money!" - though it's us who suffer. The government attacks public sector workers' jobs and aims to slash benefits for the sick and disabled. Pension rights are under siege. Real wages fell 4.2% over the last year.

Now, the Resolution Foundation 'thinktank' predicts that the recession's effects will be long lasting. Looking at ten million families with incomes between 12,000 to 29,000 a year, it predicts, on the basis of sluggish growth rates, that such families' earnings might not return to pre-recession levels until at least 2020. But in this land of permanent pay freeze, again the super-rich will dodge the permafrost.

Most working class, middle class and young people are not prepared to accept this gloomy future offered by capitalism in decline. The rich, the owners of industry, finance and commerce, have declared war on us. As Unilever workers and many public sector trade unionists have already done, the unions need to fight.

The capitalist system of booms and slumps looks like being mainly slump for the next decade - unless you're part of the richest 1%. If you reject this bosses' future, join the Socialist Party, help build a working class-based opposition and help lay the basis for a socialist society.

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


In The Socialist 25 January 2012:


Anti-cuts campaign

Hard Times - but not for the 1%


Socialist Party editorial

The trade unions and Labour

Add your name to the TUSC petition

Trade Unionist and Socialist Coalition election conference


Socialist Party news and analysis

Public sector pensions: 'Coalition of the willing' gathering strength

Financial vultures kill Peacocks

Con-Demned to unemployment

Fight the Tories' Welfare Reform Bill

Victory against Dorries' abstinence education bill

Keep the racist EDL out of Leicester

Them & Us


Education

Haringey parents say: No to academies!

NUS calls national student walkout


Socialist Party feature

Balfour Beatty re-ballot: Vote to strike again

Sweetheart stitch-ups in the electrical industry: A spark's history of the Joint Industry Board

Exposed - the dirty world of the construction blacklist


International socialist news and analysis

Egypt - A year of revolution and counter-revolution


Socialist Party workplace news

Stepping up the action to defend pensions at Unilever

Defend Len Hockey: Outrageous attack on Whipps Cross hospital workers

Pontefract hospital: Army withdrawn - now kick out PFI!

Save Vine services

Llanelli: Save Prince Philip's A&E

Stop the Salford day centre closures

Kirklees parents say 'save our children's centres!'

Greenwich Unite members oppose cuts, privatisation and racism

Workplace news in brief


 

Home   |   The Socialist 25 January 2012   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Recession:

triangleWhat lies behind the US-China trade war?

triangleNew recession fear stalks the world economy

triangleBristol North Socialist Party: Is a recession coming?

triangleThe Socialist inbox

Pensions:

triangleUCU ballots - yes to strike action on pensions, pay, workloads and equality

triangleStop the latest Tory attack on our pensions

triangleThe Socialist inbox

triangleTories prepare to attack education workers' pensions

Pay:

triangleStudents and workers unite against fees, low pay climate change

triangleFighting PCS general secretary needed - Marion Lloyd: Why I am standing

triangleWorkplace news in brief

Jobs:

triangleBasingstoke Socialist Party: Uniting and organising workers to defend jobs and wages

triangleBasingstoke Socialist Party: Uniting and organising workers to defend jobs and wages

Cuts:

triangleSouth Yorkshire FBU celebrates halt to cuts

Unilever:

triangleSocialist inbox

Rich:

triangleAristocrats are rich after all... and getting richer

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