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From The Socialist newspaper, 13 April 2016

Austerity not needed

Tory and Blairite cuts are both brutal and unnecessary, photo Tony Fischer (Creative Commons)

Tory and Blairite cuts are both brutal and unnecessary, photo Tony Fischer (Creative Commons)   (Click to enlarge)

Dave Carr

The Panama Papers reveal a financial parallel world in which the 'masters of the universe' keep their ill-gotten gains. The scale of this wealth hoarding is astonishing.

According to researcher Ben Judah, one-third of the estimated $21 trillion in tax havens worldwide falls within British sovereign territory. There is more money in British sovereign tax havens then there is in the UK's GDP (total output of goods and services) this year!

So when George Osborne imposes austerity on Britain's lowest income earners to plug the government's budget deficit, he's clearly ignoring the piles of cash sitting in the British Virgin Islands, et al.

And it's not only the working and middle classes of this country being needlessly screwed by the Tory chancellor. It's estimated that if money siphoned off to tax havens from ex-colonial countries was instead spend on health and other vital public services, 3.6 million lives could be saved every year.

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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 13 April 2016:


Panama Papers

Panama Papers reveal corrupt system of the 1%

Austerity not needed

Reactionary EU campaigners implicated by Panama Papers

Another Fifa corruption scandal

Houses for offshore investment, we're stuck at home


Socialist Party workplace news

Nationalise to save all Steel jobs

Save BIS Sheffield: we won't be a Northern Poorhouse!

RMT branch calls for TUSC backing to continue

Doctors fight on against imposed contracts

Construction workers defend jobs and pay

Workplace news in brief


Review: Militant by Michael Crick

Review: 'Militant' by Michael Crick


Refugees

Solidarity with refugees: fight for jobs, homes and services for all

Campaigning for scholarships for refugees - and free education for all


International socialist news and analysis

France: full-scale struggle with government is erupting

Bangladesh: stop the Rampal power project

Brazil: solidarity with attacked civil servants

International Panama Papers protests


EU referendum

Bosses back EU to boost NHS sell-offs


Socialist Party campaigns

Library occupation ends with march on cutting council

Sales of the Socialist on the rise, read all about it!

No A-level courses in Knowsley thanks to 'academies' system

Workers and youth unite to defend vital services

"Not the church, not the state - women must decide their fate!"


Defend the NHS

Huddersfield A&E fightback grows

Demonstration to defend the NHS in Leicester

Worcestershire: hands off our health service!


Comment

Letter: Women and work


 

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Related links:

Austerity:

triangleCrisis in council services: Labour must fight or stand aside

triangleWhy I joined the Socialist Party

triangleCouncils must demand control of supplies and reversal of austerity

triangleCapitalist press attacks Tory incompetence

triangleSocialist Party Wales: New workers' party needed to tackle coronavirus and capitalist austerity

Tax:

triangle30 years since the huge anti-poll tax demo... And how mass non-payment of the tax was built

triangleNewham campaign set up against council cuts and tax hikes

triangleLiverpool & District Socialist Party: 30 years ago - How the poll tax was defeated

triangleSalford 'no-cuts' budget includes cuts and tax rises

Public services:

triangleMore than ever, we need accountable union leaders

triangleCoronavirus - a workers charter 2020

triangleIgnore the hype - austerity goes on: organise to resist

Wealth:

triangleUniversal Basic Income: not a solution to insecurity and poverty under capitalism

triangleRich get handouts - workers get pay cuts

Budget:

triangleCapitalist crisis and Corona: Johnson's budget for the bosses

George Osborne:

triangleOsborne evades Carlisle socialists

Britain:

triangle1920s Britain: A "country nearer Bolshevism than at any time since"

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