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From The Socialist newspaper, 19 March 2014

Them & Us

Equally beneficial

Recently released research by the International Monetary Fund (IMF), shows that the ever-greater concentration of wealth and income has hindered economic growth.

Contradicting its familiar 'greed is good' mantra, the capitalist institution says wealth redistribution would not only reduce inequality but would be economically beneficial. Those that come to Jesus last...

Health and wealth

The Equality Trust think tank has also added its voice to the negative impact of inequality on health, wellbeing and crime in its latest report.

The Trust says that the ever widening wealth gap between rich and poor in Britain is costing the economy a massive 39 billion a year or roughly 40% of total public spending on the NHS.

The report reckons the annual cost of inequality amounts to 622 for every person, with 12 billion lost through reduced healthy life expectancy, 25 billion lost through poor mental health, 1.67 billion lost through increased crime.

Not rocket science

The last word (this week) on the adverse effects of inequality on society goes to Nasa, the space agency.

In its report Human And Nature Dynamical (Handy) model, applied mathematician Safa Motesharri assesses the threat to civilisation by "the economic stratification of society into 'Elites' and 'Masses'", ie capitalism.

According to Motesharri, "even using an optimal depletion rate and starting with a very small number of Elites, the Elites eventually consume too much, resulting in a famine among the Masses that eventually causes the collapse of society".

But readers shouldn't despair. "Collapse can be avoided and population can reach equilibrium if the per capita rate of depletion of nature is reduced to a sustainable level, and if resources are distributed in a reasonably equitable fashion."

I believe that's called socialism!

War chest

Outrageously warmonger Tony Blair has received 500,000 in public funds since 2011. This 'allowance' helps ex-PMs to "meet the cost of continuing to fulfil public duties".

Given his legacy includes a situation where half of all children under five in Afghanistan are suffering irreversible harm from malnutrition, disgust at this real scrounger will be deeply and widely felt.

The only public funds Blair should access are the ones used to run state prisons, for crimes against humanity.

Rising spads

For a fourth successive year, millions of public sector workers face a zero or a below inflation pay increase. However, some civil servants have been treated favourably by government ministers.

Special advisors or 'spads' who, presumably, dreamt up the government's austerity measures and other reactionary policies, have seen their pay levels go stratospheric.

Welfare cutter Iain Duncan Smith has given his spad a 36% rise while Cameron's spad, Ed Llewellyn, got a 12% increase from 125,000 to 140,000, more than double the salary of a backbench MP. The list of outrageous salary increases to ministerial spads goes on.

Appropriately, spad is also a railway acronym meaning Signal Passed At Danger.

What we saw

Stewart Lee's Comedy Vehicle on BBC iplayer

Comedian Stewart Lee's amusing satire on the lack of policy differences over welfare cuts between Labour and the Tories

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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.

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In The Socialist 19 March 2014:

Socialist Party news and analysis

Smash the pay freeze

Tony Benn: steadfast in speaking out for socialism

After Bob Crow and Tony Benn: We fight on!

No to bosses' EU - For a socialist Europe

Unite to end racism and cuts

Osborne's more cuts budget

Oxfam report: A tale of capitalist inequality

Them & Us

International socialist news and analysis

Crimea referendum will not deliver peace and stability

South Africa: WASP registers for the 2014 elections

Activists in the US demand $15 Now!

Socialist Party workplace news

Defend education: Solidarity with teachers' strike

Doncaster care workers determined to win

Ealing hospital workers fight miserly Medirest

Workplace news in brief

Socialist Party reports and campaigns

Fight for real jobs for young people

Election Appeal: Put your money where the struggle is!

Get your May Day Greetings in

Pensioner jailed for non-payment

TUSC campaigning in Derby

Obituary: Stan Pearce, a Militant miner

Readers' comments and reviews

Review: Call the Midwife

Genetic Modification: A contribution to the debate


Home   |   The Socialist 19 March 2014   |   Join the Socialist Party

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