Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/1140/32741

From The Socialist newspaper, 30 June 2021

Millionaires multiply during pandemic

Rich get richer, poor get poorer

Rich get richer, poor get poorer   (Click to enlarge)

There are now more millionaires than there ever has been, an extra 5.2 million of them. It turns out, if you own high-value property, or have substantial investment in stocks and shares, the economic bailout measures have suited you just fine.

Meanwhile, millions of us remain on furlough with a 20% pay cut, have been thrown onto the unemployment scrapheap, face bosses' 'fire and rehire' or a public sector pay freeze.

Global wealth grew by 7.4% in 2020, despite the devastating health and social consequences of the pandemic. It is clear where that wealth has gone. For workers to get our hands on it, we need to nationalise the banks and big companies under democratic workers' control and management. Coordinating internationally, and on the basis of a socialist plan, wealth can be redistributed to meet the needs of all, including the 55% of the world's population who currently own just 1.3% of the world's wealth.

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 30 June 2021:


What we think

NHS after 3 July protests Trade unions must organise serious action


NHS

Fight to save our NHS

Royal London Hospital

Fight the health and care bill

Keep private hands off NHS patient data

We don't want a USA-style healthcare system


Railways

Post-pandemic railway battles loom

East Mids train guards strike


News

Stop the Channel 4 sell-off!

Hopeless Hancock replaced

Millionaires multiply during pandemic

Dalian Atkinson - police found guilty of killing ex-footballer


Biden police reform

Can Biden reform the police?


Workplace news

Socialist candidate wins NIPSA general secretary election

Gateshead: Sacked electricians reinstated

Support Gary Clark for CWU executive

Support Sharon Graham for Unite general secretary

End bullying and victimisation at Oaks Park school

Unite members step up action against bullying Mungo's managers

Sandwell Leisure workers: No to 'fire and rehire'


International

The Israeli working class

German Greens: The image and reality


Campaigns

Protesters halt Nadia's eviction

Brighton: Moulsecoomb strike against academisation

York residents demand land for local community needs

Young Socialists march in London

Pride is a campaign, not a business opportunity


Readers' opinion

TV Review: GB News

Readers' comments


 

Home   |   The Socialist 30 June 2021   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Wealth:

triangleTake the wealth off the super-rich to fund: NHS and social care, pay and benefit rises

triangleWealth chasm widens

triangleHow to deal with the tax-dodging mega-rich? Nationalise!

triangleWould a wealth tax end poverty and inequality?

triangleWhere's the road map to jobs and wages Boris?

Workers:

triangleThe 'winter of discontent' - When workers could take no more

triangleDVLA: Workers ballot on further strike action

triangleBuild a mass working-class climate movement with socialist policies

triangleWorkers need a pay rise

Pay:

triangleCollege strikes continue into third week

triangleNational Education Union deputy general secretary election

triangleFight for the pay rise we deserve

Banks:

triangleTories plunge millions further into poverty

triangle10 years since Occupy

News and socialist analysis

News and socialist analysis

13/10/21

Government

Cynical Johnson government no friend of workers

13/10/21

Pay

Workers need a pay rise

13/10/21

Pay

Fight for the pay rise we deserve

13/10/21

Covid

News in brief

13/10/21

Government

Social care funding needed now

13/10/21

Climate change

Build a mass working-class climate movement with socialist policies

11/10/21

Socialism

Socialism 2021 event: 19-21 November 2021

6/10/21

Universal Credit

Tories plunge millions further into poverty

6/10/21

Police

Sarah Everard trial reveals police abuse of power

6/10/21

BFAWU

Bakers' union disaffiliates from Labour

6/10/21

Capitalist

Railway bosses cook the books in another capitalist market failure

6/10/21

Climate change

Capitalist climate hypocrisy

6/10/21

NHS

Pay NHS and care staff to address worker shortages

6/10/21

Capitalism

Capitalism's economic instability in the 'new normal'

5/10/21

Capitalism

Pandora leaks put capitalism in the dock

triangleMore News and socialist analysis 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: 075 4018 9052

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


October 2021

September 2021

August 2021

July 2021

June 2021

May 2021

April 2021

March 2021

February 2021

January 2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999