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From: The Socialist issue 891, 2 March 2016: Socialism back on the agenda

Search site for keywords: Austerity - Tories - Cuts - Labour - Economy - George Osborne

Tories propose endless austerity...We say: 'No way!'

Tory chancellor George Osborne, photo by altogetherfool (Creative Commons)

Tory chancellor George Osborne, photo by altogetherfool (Creative Commons)   (Click to enlarge)

Tory Chancellor George Osborne is planning more cuts to achieve a budget surplus after admitting that the UK economy is faltering. Former Bank of England chief Mervyn King upped the ante by warning that a repeat of the 2008 financial crash is likely because of an 'unreformed' financial system.

So, eight years of austerity has not solved the systemic problems of capitalism. Yet the ruling classes propose more of the same - more cuts in vital services, more hardship for millions of low income and vulnerable people.

As the reports below point to, the trade unions and local communities must coordinate action to pressure councils, in particular Labour-led councils, to refuse to make more cuts. Instead, Labour councils should pass no-cuts budgets, using reserves and borrowing powers. This would buy time to organise a mass revolt against Tory austerity.

This government is weak and has already retreated over tax credits. It can only last if an opposition allows it to do so.

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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.

  • 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.

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