Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/1112/31691

From The Socialist newspaper, 2 December 2020

Covid crisis

Better for billionaires

Worse for workers

  (Click to enlarge)

Back in August, Boris Johnson promised a "world beating" track-and-trace system. Most people agree that didn't happen but the government and economy are 'world beating' in other respects.

Britain has one of the highest death rates from Covid and the highest number of excess deaths in Europe. The British government pumped nearly the biggest amount into the economy, and yet it has contracted the most of all the G7 countries.

They then acted swiftly to show that working-class people would be expected to pay the price for the crisis with a public sector pay freeze.

The planet is going to be hitting some new records this year too. At $10.2 trillion, the combined wealth of the world's billionaires is higher today than at its previous peak in 2017. There are more of them too - about 31 more than previously recorded.

It was a great year to be a health industry billionaire. Off the back of mass suffering and the pandemic they saw a record increase in their wealth taking it to $658.6 billion.

So how has Covid affected the other end of the scale - the poorest?

Poverty

England's poorest areas have been hit hardest with about twice as many deaths as the richest areas. Child poverty is on the rise and those already in 'deep poverty' saw the biggest reduction in their earnings, either being furloughed, having their hours reduced, or being laid off.

Globally, the number of people living on less than $1.90 a day has increased by 114 million and around 200 million jobs have been lost during the Covid crisis.

This year will be remembered as a year of extreme suffering and hardship, but also as a year that exposed the ruthlessness of capitalism and its governments. A year when nurses and key workers were only offered claps - not the pay rise they needed.

When staff in schools had their health put on the line to get people back to work. A year when workers had to organise to ensure social distancing in the workplace, fight for PPE and safety measures because all the bosses were worried about was profit.

There have been mass protest movements which have shaken society to its core, opposing oppression, inequality and the corrupt capitalism system. In Britain, young people forced back the Tory government and a footballer laid bare the cruelty of capitalism. This system always seems to have the money for military spending, there's always support to maintain big businesses profits but not to feed kids, support the elderly or people who are struggling.

Instead of running society in the interest of the profits of a few we need a system which actually works for the majority. That's why we need to fight for a socialist world - where the wealth and resources of society are owned and democratically controlled by the working class in order to protect the health and living standards of all ordinary people.

Donate to the Socialist Party

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 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.
  • 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 Fighting Fund.

Please donate here.

All payments are made through a secure server.

My donation

 

Your message: 

 


In The Socialist 2 December 2020:


What we think

Spending Review. Unions must resist return to austerity


Spending Review

What will the spending review mean for me?

Napo kickstarts fight against pay freeze


News

Better for billionaires. Worse for workers

Arcadia and Debenhams closures: Nationalise to save jobs and pensions

Scotland: Campaign wins end to period poverty

NHS: Underfunded, understaffed, underpaid

News in brief


Devolution

Where is devolution heading?


Workplace News

Don't let the festive season be one of misery for retail workers

Equity union conference calls for radical change - now lead a fight!

Solidarity with Brighton UCU strike - we won't pay for Covid crisis

East London teachers strike in support of victimised union rep

Heathrow workers strike against 'fire and rehire' plans

Hackney: Stop plan to halve school support staff!

Pay freeze protest Homerton Hospital

Unison general secretary ballot closes


Environment

'Building back greener' - yet more Tory greenwash


International News

Conflict in Ethiopia: ethnic-linguistic divisions are the historical product of capitalist inequality


Marxism

Review: Friedrich Engels - Condition of the working class in England


Campaigns

Socialism 2020 feedback

Wales TUSC plans to mount an electoral challenge

Rent strikers' victory in Manchester student halls

Labour meeting lets MP get away with 'Spycops' abstention

Selling the Socialist

Fighting fund target smashed!


Reader's opinion

TV: The Social Dilemma

Fast fashion, big profits, low pay

Diego Maradona - Working-class rebel, football genius

Socialist Inbox


 

Home   |   The Socialist 2 December 2020   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Covid:

triangleJohnson scraps Covid safety measures

triangleCovid: Fight for full sick pay

triangleUK Covid-19 mortality similar to Spanish Flu

triangleSocial care providers put profit before residents' needs - nationalise care now

triangleNews in brief

Pay:

triangleTV review: This is Going to Hurt

triangleJust Eat couriers continue action to fight pay cut

triangleUniversity workers continue strike against bosses' attacks

triangleTube workers strike in defence of pay, pensions and conditions

Poverty:

triangleA socialist voice in Stanwell North

triangleUkraine: Workers' unity needed

triangleSudan: End military rule and poverty

Health:

trianglePrivatisation and crisis in the NHS

triangleTories' 'levelling up' falls well short

Government:

triangle"If we don't fight, we won't win!"

Capitalism:

triangleBritain's economic growth figures mask fragile false recovery

Economy:

triangleNo trust in Tories to keep us safe

Inequality:

triangleOxfam 'Inequality Kills' report

Reports and campaigns

Reports and campaigns

23/2/22

Cardiff

Restore Cardiff's slashed services

23/2/22

Pay

Just Eat couriers continue action to fight pay cut

23/2/22

UCU

University workers continue strike against bosses' attacks

23/2/22

London

Tube workers strike in defence of pay, pensions and conditions

23/2/22

Students

Workers and students unite and fight

23/2/22

Fees

Fighting fees and marketisation after 2 March student walkout

23/2/22

Brighton

Brighton Green and Labour cuts - workers and communities fight back

23/2/22

Anti-cuts

Surrey: Unions and campaigns say stand as an anti-cuts candidate

23/2/22

Newham

Newham City Farm - closed with no consultation

23/2/22

Women

London Socialist Party women's meeting

23/2/22

Socialist

1 March: Socialist Party new website launch

23/2/22

Coventry

Coventry bin strikers lobby strike-breaking Labour council

23/2/22

Strike

Scunny scaffs action forces bosses to the table

23/2/22

Usdaw

Usdaw: 'Reinstate Max' week of action

23/2/22

Anti-cuts

Trade union support for standing anti-cuts election candidates

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: [email protected]

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 079 8202 1969

East Mids: 077 3797 8057

London: 020 8988 8786

North East: 078 4114 4890

North West 079 5437 6096

South West: 077 5979 6478

Southern: 078 3368 1910

Wales: 077 7221 5281

West Mids: 024 7655 5620

Yorkshire: 078 0983 9793

ABOUT US

ARCHIVE

Alphabetical listing


June 2022

May 2022

April 2022

March 2022

February 2022

January 2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999