A recent Toronto Star article divulged some interesting facts about the rise and fall of the 'Celtic Tiger', commonly known as Ireland, that spent the 1990s enjoying unprecedented economic growth. Housing prices quadrupled and unemployment fell from 17% to 4% and plasterers were making 2 000 Euros ($2 666 Canadian) a week and spending 200 Euros on a pair of pants'. In 2007, the housing bubble burst and the Bank of Ireland's stock plunged 75% in one year. Now Ireland has an official unemployment of 14%. No matter how well things go in the boom, the bust will follow and the bubble will burst. There is no security for the worker in capitalism.
Roper, North Carolina has a population of 617, so there are few officials -- just four, in fact, including a mayor who works for free, and its annual budget is $360 311. Roper's average annual family income is $20 600 or $2 000 below the poverty level for a family of four. When they can't pay their water bills, neighbour Dorenda Gatling turns it off. Some haul buckets from their neighbour's house but to prevent that, homes are sealed with yellow police tape to prevent entry. So the homeowners are waterless and homeless. In capitalism it's 'can't pay, can't have' no matter what the consequences are.
An article in The Toronto Star, March 4, called attention to the plight of non-unionized workers. A hotel worker had her part-time hours cut back to nothing for ten months in 2009 after she spoke at a rally in support of forming a union at her workplace, Novotel, in Mississauga. About a dozen other Novotel workers have been fired, disciplined, or had their working hours cut since 2008 when they began union organization. The fact that, legally, they had a right to unionize meant nothing to the management. It's like it was two hundred years ago when unionization began. This shows that nothing has changed in capitalism, which is an excellent reason to abolish it. John Ayers
Roper, North Carolina has a population of 617, so there are few officials -- just four, in fact, including a mayor who works for free, and its annual budget is $360 311. Roper's average annual family income is $20 600 or $2 000 below the poverty level for a family of four. When they can't pay their water bills, neighbour Dorenda Gatling turns it off. Some haul buckets from their neighbour's house but to prevent that, homes are sealed with yellow police tape to prevent entry. So the homeowners are waterless and homeless. In capitalism it's 'can't pay, can't have' no matter what the consequences are.
An article in The Toronto Star, March 4, called attention to the plight of non-unionized workers. A hotel worker had her part-time hours cut back to nothing for ten months in 2009 after she spoke at a rally in support of forming a union at her workplace, Novotel, in Mississauga. About a dozen other Novotel workers have been fired, disciplined, or had their working hours cut since 2008 when they began union organization. The fact that, legally, they had a right to unionize meant nothing to the management. It's like it was two hundred years ago when unionization began. This shows that nothing has changed in capitalism, which is an excellent reason to abolish it. John Ayers
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