Link to this page: https://secure.socialistparty.org.uk/issue/1144/32894
From The Socialist newspaper, 11 August 2021
News in brief
Big-pharma vaccine price hike
Photo: Frolicsomepl/CC (Click to enlarge)
Big-pharma bosses can't be trusted. After many firms taking public money for vaccine development or promising to take "marginal" profits, they are now raising prices. Pfizer have raised vaccine prices by over 25%, and Moderna by more than 10% for their latest EU supply contracts.
The majority of the world's population is still yet to receive a first dose, those who live in the poorest countries are the least likely to receive a vaccine. Vaccination for profit does not work. The big-pharmaceuticals, vaccine manufacturing and supply must be brought into democratic public ownership as part of an internationally planned socialist vaccination programme to meet the needs of all.
The Covid cap on bank shareholder pay-outs has been lifted. Shareholders at Barclays, Lloyds and NatWest are set to benefit from £22 billion in dividends over the next two years.
While the rest of us suffer, it's been a good few months for the banks. HSBC has seen its profits more than double to £7.8 billion in the first half of this year. This is the same bank that is midway through a 'restructuring programme' to axe 35,000 jobs.
To congratulate themselves for all of this 'success' the banks are busy stashing cash for bonus pay-outs. Barclays has just increased its bonus pool from £749 million per year to £1.1 billion. Makes you want to grow up and become a banker!
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The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.
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In The Socialist 11 August 2021:
Defend the NHS. Fight the Tory pay insult. Prepare strike action!
NHS: Kick out the privatisers, Fight for funding, Build for strike action
Tory government nationalises Sheffield steel plant
Tory cuts worsened crime and Johnson 'blitz' won't help
Fight energy price hike
Thanks to the miners - an example of workers' struggle and solidarity
News in brief
Olympic 'success' masks cuts and inequality in sport
Starmer's faithful Guardian
Capitalism = climate catastrophe
Rising against a rigged and rotten system - Socialism 2021
London Pride cancelled - pandemic shows protest Pride is necessary
London: Hundreds protest for trans rights
Save Newham's theatres from Labour council cuts!
Socialist Party young members summer school
A day in the life of a young hospitality worker
West Midlands: austerity and capitalism offers no future for young people
Why I joined the Socialist Party
Don't privatise Dudley libraries
Socialist Party: Solely funded by the working class
Review - The Struggle for World Socialism
Waltham Forest: Fighting for a home for Nadia and homes for all
August 1991 - The aborted military coup in the 'Soviet Union'
Ballot majority essential to continue DVLA strike action
Night tube strike suspended to allow talks - scrap compulsory duties!
RMT strike solid on East Midlands rail
You need a union when the time comes to fight
Unions protest at exploitative Leicester company Food Attraction
Over 3,000 votes for fighting socialist programme in CWU
NSSN to lobby TUC
Beirut's devastating port explosion one year on
The Socialist 11 August 2021 |
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