Link to this page: https://secure.socialistparty.org.uk/articles/16213
Posted on 23 February 2013 at 18:46 GMT
Credit rating downgrading proves that austerity isn't working - Socialists call for mass movement to stop the cuts
Press release from the Socialist Party
Hannah Sell, Socialist Party deputy general secretary says: "The government has justified brutal austerity by saying that it would reduce the deficit and protect Britain's AAA credit rating.
"As we warned the opposite has happened. The deadline for cutting the deficit has now been moved back to 2018. And today's news that Moody's has cut the credit rating compounds that failure.
"There is no justification for the misery the government is inflicting on working class people. This crisis is a crisis of capitalism; caused by big business and in particular the bankers.
"Ordinary people should not be paying for it with our jobs and services. We are part of building a mass movement against the cuts.
"We support the campaign by trade unionists for the calling of a 24-hour general strike as the next step in the fight against austerity.
"We also believe the anti-cuts movement needs a political voice. We are part of the Trade Unionist and Socialist Coalition (TUSC) which brings together socialists and trade unionists, including the RMT, to stand candidates against cuts and privatisation."
The Socialist Party of England and Wales (formerly known as Militant Tendency) is a campaigning, democratic organisation which plays a key role in the anti-cuts movement today.
Historically, we played a leading role on Liverpool Labour council in the 1980s when it defied Thatcher and refused to implement cuts, winning £60 million to spend on jobs and services in the city.
We also led the struggle in the late 80s and early 90s when 18 million people nationwide refused to pay the hated poll tax.
We fight against all attacks on the rights and living standards of working class people.
See also www.tusc.org.uk. TUSC is standing a candidate in the Eastleigh by-election.
Tel: 020 8988 8777
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Coronavirus crisis - Finance appeal
The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.
The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.
The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.
- The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
- Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
- When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to donate to our special coronavirus appeal.
Phone our national office on 020 8988 8777
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