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From The Socialist newspaper, 20 April 2016

Them & Us

Them and us fishes, photo Suzanne Beishon

Them and us fishes, photo Suzanne Beishon   (Click to enlarge)

Panama papers

Poverty charity Oxfam has detailed yet more of the capitalists' obscene hypocrisy as revealed in the Panama Papers. Its latest report, 'Broken at the top', exposes the lie that capitalism is an effective system for allocating global resources.


973 billion

Amount the United States' top 50 companies have stashed in offshore tax havens (Oxfam).

972 billion

Gross domestic product (total economic activity) of Spain in 2014 (World Bank).


$100 billion a year

Amount developing countries lose to corporate tax dodging (UN). Let alone 'legitimate' profits, which workers make but bosses own.

$46.7 billion a year

Maximum cost of providing clean water, sanitation and hand-washing facilities to all who don't currently have them (World Bank).

2.2 billion people lack water, 3.4 billion sanitation and 4.8 billion basic hygiene.


"Close to pointless"

Oxfam's assessment of the European Union's severely limited proposals to reduce tax avoidance in the wake of the Panama Papers.

The EU's unelected executive body, the European Commission, has no interest in attacking the bankers and big businesses which created and fund it.

Voting Leave would help disrupt the capitalists' international tax-dodging racket. Genuine, socialist internationalism exists in spite of the bosses' efforts to coordinate against us - not as part of them.

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In The Socialist 20 April 2016:


What we think

Strike together to kick out the Tories!


Socialist Party news and analysis

Clock ticking on UK steel: it's time to act!

Cops bid to hide spy trial

Treasury boss attacks call to nationalise Tata

Free runs threatened

Them & Us


Socialist Party reports and campaigns

Pent Valley students strike against closure

2,000 lay siege to A&E cutbacks consultation

Day of action against poverty pay: 10 now!


Elections 2016

Why I'm standing

Increasing anger at cuts boosts Grimsby campaign

TUSC objects to Liverpool political censorship


EU referendum

Jeremy Corbyn's EU u-turn

EU: bosses pick 'safe' reactionary out voice


Socialist Party feature

The socialist case for nationalisation


Socialist history

Ireland: 100 years since the 1916 Easter rising

Chernobyl nuclear disaster - 30 years on


Workplace news and analysis

Huge profits for BT and Royal Mail, cuts and attacks for workers

Stop supermarket bosses making us pay for their mistakes

PCS national elections: vote for Democracy Alliance

Review: 'On the Track' by Bill Mullins

Workplace news in brief


International socialist news and analysis

International news in brief


 

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Related links:

Them & Us:

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US:

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World Bank:

triangleGreece elections: Syriza ousted amid voter disillusionment

triangleZimbabwe: Mugabe gone - but his regime remains in power

Water:

triangleAusterity anger feeds movement for Welsh independence

Capitalism:

triangle20 September climate action day: Strike to save the planet!

Spain:

triangleHackney & Islington Socialist Party: How can we boot out the Tories

Global:

triangleTories look in wrong place for climate solutions

Poverty:

triangleKnife and gun crime a product of poverty and austerity

EU:

triangleStand firm against the pro-capitalist politicians

European Union:

triangleLib Dems: little bosses' party elects eager pro-austerity leader

United States:

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