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From The Socialist newspaper, 27 February 2008

Rich get richer - We pay the bills

RMT protest against the fat-cats, photo Paul Mattsson

RMT protest against the fat-cats, photo Paul Mattsson

THE GROWING chasm in wealth between the super-rich and the rest of us is causing seething anger amongst workers who struggle with rising fuel bills, huge mortgages and additional charges. A recent Guardian/ICM poll shows that a staggering 75% of those polled say that the gap between the highest and lowest incomes is too wide in Britain.

Rob Windsor, Coventry Socialist Party councillor

The anger is not surprising. Last year even the Daily Mail reported that: "The super-rich are using loopholes to avoid paying 2 billion a year in income tax. Only one in six of those earning more than 10 million a year is paying tax on their earnings - with the rest using loopholes to dodge the burden.

"The revelation will fuel anger over the private equity tycoons who are making vast fortunes while the gap between rich and poor widens."

Significantly, in the Guardian poll, a majority of those polled would support increased spending on public services. Gordon Brown's government, however, proposes cutting public spending budgets by 3% every year. These are actual cash cuts meaning job losses and poorer public services, including councils.

Meanwhile, the legion of bloated 'consultants' sent in to size up services for cuts are slavering, like jackals let loose on a sheep farm. In Coventry recently, it was revealed that consultants sent to "restructure" (ie cut) health services were charging 100 an hour.

Last December a poll revealed that 55% of voters were "fairly optimistic" about their economic prospects. Now, 51% are listed as being "pessimistic" about the future.

Working people are caught in a vice of increasing worry and poverty. Recently a housing consultation in Coventry revealed that the "entry level" price of a new home in the city is just over 100,000 and that 56% of the city's population can't afford it. Even fewer will be able to afford this after recent economic events.

Coventry is only one city where housing costs have soared. For workers in London, the south generally, and the North West the situation is dire with young people being worst affected.

Brown's response was to shamelessly cut corporation tax for the rich last year. He has failed miserably to deal with the issue of super-rich capitalists paying no tax at all. His ministers, like the appropriately named Caroline Flint, attack and blame the very poorest rather than tackle the fat cats who are laughing all the way to their offshore banks.

The latest poll reveals discontent but it can't be left at this. We need action to defend public services. We need a new workers' party to attack the real causes of the economic crisis, the arrogant super-rich and their system.

We need socialism, to ensure that the working people who make the wealth also own it and control where it goes. That change is needed to build a better world where basic things like a decent home that doesn't cost the earth and a cheap, publicly controlled fuel and utility supply are a right and not something to constantly worry about.

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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.

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 click here to donate to our special coronavirus appeal.

In The Socialist 27 February 2008:

Rich get richer - We pay the bills


Unison witch-hunt

Editorial: Stop witch-hunts in Unison - defend those attacked!

Trade union activist fights intimidation

Members protest at Unison witch-hunt


Socialist Students

Student feature: Fighting fees


Campaign for a New Workers Party

Building the Campaign for a New Workers' Party


Workplace news

Shelter staff vote to strike

Acas staff ballot for strike

Journalists battle for union rights

Workplace News in brief


International socialist news and analysis

Scotland - Vendetta against Tommy Sheridan condemned

Feature: Fidel Castro's resignation opens up new chapter

Pakistan elections: Crushing defeat for Musharraf, landslide for opposition parties

Miliband's extraordinary apology on rendition

Sleaze in Northern Ireland: Keeping it in the family


Socialist Party campaigns

Don't let our hospital pay the price for PFI

Explosive mood on gas profits

Fight Devon and Somerset fire cuts

Marching against single status pay cuts

Neither Labour nor Tories will defend public services

Post Office closures

Sheffield buses campaign: 'Saving our services'


 

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Related links:

Rich:

triangleNationalise to save jobs threatened by Covid-19 and downturn

triangleImmigration: For a system that meets the needs of the majority, not a rich elite

triangleThe rich fund the Tories and Blairites, so help fund the working-class fightback

triangleThem & Us

triangleAristocrats are rich after all... and getting richer

Coventry:

triangleCoventry socialist candidate wins votes against austerity

triangleCoventry: A socialist councillor who will vote against cuts

triangleNHS: Save stroke beds in Coventry and Warwickshire

triangleCoventry Socialist Party: Tories out! Corbyn in with socialist policies

Tax:

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

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

Super-rich:

triangleTake the wealth off the super-rich

triangleThem & Us

Housing:

triangleSelf-isolation class divide: decent homes for all!

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