spotArguments for socialism




spotAround the UK

All keywords

All Organisations subcategories:



Committee for a Workers International


Labour Party

Left and radical


Nationalist and National Liberation

* Pro capitalist and Imperialist


Social Networks

Socialist Party


Trade Union


Voluntary & non-profit

Pro capitalist and Imperialist keywords:

APEC (2)

BJP (20)

Blairites (27)

CBI (17)

Conservative party (31)

Davos (13)

Democratic Party of Japan (1)

Democrats (83)

Dup (23)

ECB (6)

EU (559)

European Union (90)

Fine Gael (14)

G20 (22)

G8 (48)

HM Revenue and Customs (18)

IMF (56)

Independent Group (6)

Institute of Directors (3)

Labour Party (716)

Lib-dem (6)

Liberal Democratic Party Japan (1)

Liberal Democrats (49)

Liberal Democrats (49)

Liberals (15)

Likud (3)

MI5 (8)

Monarchy (27)

Nato (37)

Opec (2)

PASOK (30)

Pakistan Peoples Party (1)

Parties (65)

RUC (3)

Republican Party (12)

Republicans (6)

Scottish National Party (30)

Super-rich (112)

Tories (791)

Tory (40)

Tory party (78)

UKIP (154)

United Nations (35)

Vlaams Blok (1)

WTO (10)

Wales Assembly (3)

World Bank (14)

World Economic Forum (7)


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 991, 18 April 2018: Get the Tories out

Search site for keywords: Super-rich - Rich - Wealth

Billions for the bosses, benefit cuts for us

We are the 99% - Take the wealth off the 1% - Socialist Party placard, photo Paul Mattsson

We are the 99% - Take the wealth off the 1% - Socialist Party placard, photo Paul Mattsson   (Click to enlarge)

Simon Carter, East London Socialist Party

Capitalist wealth distribution is now at its most unequal and set to widen further.

As of March, there were 2,208 billionaires in the world, according to Forbes. Their total worth is $9.1 trillion, an increase of nearly a fifth on 2017 - average wealth, $4.1 billion.

And Amazon founder Jeff Bezos has become the planet's first hundred-billionaire, with a $106 billion personal fortune. He pipped Bill Gates to first place by adding a staggering $39 billion to his wealth in just a year.

Shortly afterwards, the Tory government's latest cuts in 'universal credit' benefits came into effect.

Even before the most recent changes, families had to wait many weeks for payment, leading to rent arrears and evictions. And food banks report a big uptake from families in areas where universal credit has been rolled out.

Now, according to the Resolution Foundation, 3.2 million working families in the UK are expected to be worse off, with an average loss of 48 a week. About 600,000 of those, mainly couples with children, will no longer be entitled to any help at all.

True, 2.2 million working families will gain an average increase of 41 a week. But the maths shows that overall, one million families will lose out.

But what about the government's commitment to reign in the tax-dodging mega-rich? "When it comes to opportunity, we won't entrench the advantages of the fortunate few," pledged Theresa May.

Yet parliament's Public Accounts Committee has found that the HM Revenue and Customs tax take from 'high net worth individuals' fell by 1 billion since the Tories set up a special unit for them. Income tax paid by all other taxpayers has risen by 23 billion over the same period.

For the Tories, it's business as usual - robbing Peter to pay for super-rich Paul. Four years ago, a PCS union-commissioned report found that 119 billion in tax was being dodged in the UK, mainly by big companies and wealthy individuals.

Compare that figure to government spending on education, 90 billion, transport, 20 billion, and health, 148 billion in 2016-17, according to Institute for Government analysis.

Let's kick out this government of the multibillionaires and fight for a socialist programme to reverse austerity and make the super-rich and their giant corporations pay to increase the living standards of the 99% through nationalisation and progressive taxation.

Donate to the Socialist Party

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.

  • 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.
  • Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
  • When the health crisis subsides, 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 special coronavirus appeal.

Please donate here.

All payments are made through a secure server.

My donation


Your message: 


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



Phone our national office on 020 8988 8777


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: 07748 534 891

North East: 078 4114 4890

North West 079 5437 6096

South West: 077 5979 6478

Southern: 078 3368 1910

Wales: 079 3539 1947

West Mids: 024 7655 5620

Yorkshire: 077 0671 0041



Alphabetical listing

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020