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From The Socialist newspaper, 12 November 2014

Them & Us

Cuts without end

Millionaire Chancellor George Osborne boasted to a baying audience at Tory party conference in October that he was slashing an extra 25 billion from public spending and a further 12 billion from welfare payments.

As devastating as this is for millions of low income people, the FT reports that 25 billion is actually an underestimate, that Osborne will demand an extra 48 billion of spending cuts due to paltry economic growth and falling tax revenues.


Who's in charge?

Dominique Strauss-Kahn's investment company, Leyne, Strauss-Kahn and Partners (LSK), has declared itself insolvent. The former head of the International Monetary Fund (who resigned from the IMF in 2011 over allegations of sexual assault and now faces a trial in 2015 for "aggravated pimping") left LSK last month after he became aware of "excessive borrowing" by the group. And this guy used to be in charge of the world economy!

Clive Walder

BBC watch...

Far be it said that the BBC displays a right-wing bias. However, its website article on 5 November, which reported an academic study showing that EU migrants have made a 20 billion net contribution to the UK Treasury over the last decade, only quoted 88 words from Professor Christian Dustmann, co-author of the study; whereas the same article provided 121 words from reactionary Migration Watch chairman Sir Andrew Green rubbishing the study. No doubt this was done to 'ensure balance'!


...Kick them out!

Meanwhile, the arch-Tory Daily Telegraph misused the study to run a headline which screamed: "120 billion cost of Labour's policy on immigration". However, eight paragraphs later the Torygraph reports: "The native population made a negative contribution in 12 years during the period, a total of 591 billion, as the economy ran a deficit."

Perhaps the "native population" should move to other EU countries to ease the burden on the UK economy?


Repatriate robots?

Despite regular announcements of massive job cuts by private sector employers, local authorities and the government, establishment parties, including Ukip, falsely blame migrant workers for 'taking British jobs'.

Now it seems a third of all UK jobs (mainly those earning 30,000 or less a year) will be replaced by robotic and automated systems over the next 20 years as capitalism seeks to maximise its profits.

Can we expect to see TV images of Nigel Farage pouring a pint of beer over a computer?

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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.
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In The Socialist 12 November 2014:


Socialist Party news and analysis

We can win 10 an hour

Socialism '14: infused with contagious confidence

'A magical fairyland' of corporate tax avoiders

What recovery? Thousands more jobs axed

Them & Us


International socialist news and analysis

Afghanistan war: A legacy of death and destruction

Mid-term elections do not mean shift to right in US


Socialist history

25 years after the Berlin Wall fell


Socialist Party youth and students

Build the education fightback

Fight for our future!


Socialist Party workplace news

St Mungo's strikers celebrate victory

Care UK workers to ballot on 2% pay deal

Sheffield recycling: 'We're out until the boss is out'

Crane drivers tell HTC: It's time to pay up!

Fight JCB's 150 job cuts

London RMT: Vote John Reid


Socialist Party reports and campaigns

Leading Scottish trade unionists back TUSC

Leicester party building school


Reviews and readers' comments

Exhibition review: Disobedient Objects

Theatre Review: United We Stand

Little charity from high paid care bosses

Labour - the singer or the song?

Flawed maths of the bedroom tax


Obituary

Heulwen Davies 1960-2014


 

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