MORE MADNESS

"The Harry Winston Opus 8 looks like a seventies LCD watch, but it's actually hand-wound and mechanical, with the elements displaying the time pushed up by a tiny disc. Only 50 were made, from white gold, and they sold out fast. The price? Around £215,000." (Times Magazine, 24 May) RD

ADSPEAK NONSENSE

Joan O'Connor, Coca-Cola spokeswoman, on Glaceau Vitaminwater, the company's first bottled water since the Dasani disaster : "This is not water; it’s an active lifestyle brand." (Times, 24 May) RD

CAPITALIST MADNESS

"Even Giorgi Armani has now designed a pen - all understated black with silver embellishment. The fountain pen will be on sale in Harrod's from June for £2,300." (Times, 23 May) RD

Nature loss 'to hurt global poor'

Damage to forests, rivers, marine life and other aspects of nature could halve living standards for the world's poor, a major report is to conclude.

G8 environment ministers meeting in Japan last weekend agreed a document noting that "biodiversity is the basis of human security and... the loss of biodiversity exacerbates inequality and instability in human society". But the main CBD target agreed by all signatories at the Rio de Janeiro Earth Summit in 1992 - to "halt and begin to reverse" biodiversity loss by 2010 - is very unlikely to be met.

A new International

Even in the 19th Century it w2as recognised that capitalism was a world wide system and that the working class required an international workers association to effectively resist the bosses .

Once again trade unions are recognising the global effects of the employers and are re-organising appropriately .

The Finiancial Times reports a historic alliance between Unite, Britain's biggest trade union, and the almost 1m-strong United Steelworkers union in North America is about to create the first transatlantic union, with more than 2.5m working members.

The move is designed to provide greater protection for workers whose jobs are threatened by the spread of global capitalism. The UK and US partners hope unions from other countries will join the alliance, increasing its strength.

Amicus had previously signed co-operation deals with USW and the International Association of Machinists in the US, and the IG Metall union in Germany, while the T&G had forged working relationships in the US with the Teamsters and SEIU, the services sector union.

Previous examples of cross-border union co-operation include T&G's support for the Teamsters' campaign against FirstGroup, the UK-based bus and train operator accused of frustrating attempts by unions to organise workers at its expanding US business.

"One of the main reasons for the merger between Amicus and the T&G was our desire to create an international trade union that would be able to deal with multinational companies on an equal footing and organise working people in even greater numbers," said Derek Simpson, Unite's joint general secretary last year."Multinational companies are pushing down wages and conditions for workers the world over by playing one national workforce off against another. The only beneficiaries of globalisation are the exploiters of working people and the only way working people can resist this is to organise and band together."

the last post

Mail late ? Lost letter ? Package damaged ? That local post office shut down ?

Never mind . Royal Mail's boss has been rewarded for his efficiency ...at least according to Royal Mail bosses .

Chief executive Adam Crozier earned more than £3m last year.

Mr Crozier got just over £1m in pay and pensions, plus a bonus of almost £2m.

Royal Mail said Mr Crozier had exceeded expectations and met all the targets set for him.

Losses for 2007 had widened to £279m, compared with a loss of £10m a year earlier.

Its stamped letters business made a loss for the first time in the last financial year.

2,500 post offices were being closed to save money

THE REALITIES OF CAPITALISM

"Dagaari, Somalia - The global food crisis has arrived at Safia Ali’s hut. She cannot afford rice or wheat or powdered milk anymore. At the same time, a drought has decimated her family’s herd of goats, turning their sole livelihood into a pile of bleached bones and papery skin. The result is that Ms. Safia, a 25-year-old mother of five, has not eaten in a week. Her 1-year-old son is starving too, an adorable, listless boy who doesn’t even respond to a pinch." (New York Times, 17 May) RD

LEGAL TAX DODGERS

"Some of Britain's biggest listed companies, including several that have threatened to re-domicile abroad, paid little or no corporation tax in Britain in 2007. Research by The Times shows that the FTSE-100 companies - Cadbury, Standard Chartered and British American Tobacco, which have a combined market capitalisation of £75 billion, employed almost 11,000 UK staff and generated more than £6 billion in global profits, - paid zero corporation tax in Britain last year." (Times, 20 May) RD

AN IMPOSSIBLE DREAM?

Socialists are always told that we are dreamers. That capitalism is the only system possible and that we should accept it. When we talk of the millions that have died in wars, famines and natural disasters we are told that even inside socialism natural disasters will occur. We accept that, but what of the recent natural disasters that have occurred inside China and Burma? Attempts to relieve the effects of the Burmese disaster have been hindered by a ruling clique fearful of their grip on power and in China the evidence seems to point to an awful natural disaster made more awful by capitalism's production of cheap buildings to keep down costs. Inside socialism no one will die of hunger or war and when natural disasters occur we will deal with them in a compassionate fashion. This may appear dream-like to supporters of capitalism, but that is only because they support the nightmare society of capitalism. RD

RYANAIR! WHAT'S RYANAIR?

"Users of private jets have struck on an exciting new way to save the planet. Instead of flying solo on a jet, the super-rich can now team up to share a plane. The brainwave comes from The Private Jet Club, which suggests that its mile high version of the car pool would be ideal for people who desperately need to get to their second home in France, or to a conference or a trade event." (Times, 20 May) RD

Lazy Workers !!!

From the BBC

A 30-year-old Toyota worker who collapsed at one of its plants had died of overwork.
It emerged that the man had worked 106 hours of overtime in his final month, most of it unpaid.

Unions say that companies generally see working unpaid overtime as a sign of loyalty. Toyota has a reputation for using employees' ideas to improve production methods and efficiency and reduce costs.

And they dare call workers lazy

A SENSE OF VALUES?

"The massacre of the silverback Senkekwe, along with five other rare apes, made the cover of US magazine Newsweek under the headline "Gorilla Warfare". In Britain, the "Murders In The Mist" prompted The Sun to launch its own campaign, and around the globe people wrote in to media outlets, telling of the sleepless nights and trauma the images had caused. For Anneke van Woudenberg, the Congo specialist for Human Rights Watch, it was a case of gritting one's teeth. "Kill a mountain gorilla in Congo and it gets much more coverage than five million dead," she says. "It irks me every time." Trawling through the archives of British newspapers for the first four months of 2008, the point is hammered home. The slaughter of elephants in Congo to make ivory chopsticks appears to be the most widely reported story. Another popular item is the arrest of sorcerers suspected of stealing or shrinking human penises. Breaking the trend of wildlife stories and wild tales are Financial Times articles about Congo's vast mineral resources, a Guardian feature on plans to build the world's biggest dam across the Congo river and a report about Kinshasa's vibrant music scene in this newspaper. Conspicuously absent are dispatches about the humanitarian crisis, the legacy of the worst conflict since 1945, and a crisis that is still killing an estimated 1,200 people every day. Although Congo's war officially ended in 2002, malaria, cholera and malnutrition mean that the equivalent of the population of Manchester will be wiped out this year. (Independent, 12 May) RD

THE STUPIDITY OF CAPITALISM

"Even if the shot isn't dazzling, now the golf-ball marker can be. Tri Mark Golf's luxe version is handcrafted from 18-karat white gold and studded with diamonds, citrine, amethyst and peridots. It's also highly functional, with a numbered measuring system that lets golfers figure out how many putter heads away the ball is. And when not dressing up the green, it can be put on a chain and worn as a necklace; buy it for $10,500 (trimarkgolf.com)." (NewsWeek, 5 May) RD

A STRANGE KIND OF FREEDOM

"An Afghan journalism student sentenced to death for insulting Islam denied the charges before an appeals court Sunday, saying he only confessed to questioning the religion's treatment of women because he was tortured.. ...Afghan media have flourished since the fall of the hard-line Taliban regime following a U.S.-led invasion in 2001. Newspapers and TV and radio stations have opened nationwide. But journalists face violence for news stories that criticize government leaders, warlords and religious clerics or challenge their often authoritarian views. (Yahoo News, 18 May) RD

LAND OF THE FREE?

"The Pentagon is moving forward with plans to build a new, 40-acre detention complex on the main American military base in Afghanistan, officials said, in a stark acknowledgment that the United States is likely to continue to hold prisoners overseas for years to come. The proposed detention center would replace the cavernous, makeshift American prison on the Bagram military base north of Kabul, which is now typically packed with about 630 prisoners, compared with the 270 held at Guantánamo Bay, Cuba." (New York Times, 17 May) RD

WORDS OF WISDOM

"Albert Einstein regarded religions as "childish" and "primitive legends", a private letter he wrote a year before his death has revealed. The great scientist's views on religion have long been debated, with many seizing upon phrases such as "He [God] does not throw dice" as evidence that he believed in a creator. But the newly-unveiled letter, a response to the philosopher Eric Gutkind, has cast doubt on the theory that Einstein had any belief in God at all towards to the end of his life. In the letter, dated January 3 1954, he wrote: "The word god is for me nothing more than the expression and product of human weakness, the Bible a collection of honourable, but still primitive legends which are nevertheless pretty childish." (Daily Telegraph, 13 May) RD

Marketing kids and education

David Buckingham, a professor at the Institute of Education, University of London and a leading authority on children and the media, said that the "privatisation" of schools could be affecting children's education...The involvement of commercial companies in the running of schools - that's something which potentially has implications for children's wellbeing," he said.
"From my point of view commercial resources in classrooms - Shell's introduction to the oil industry, Coke machines in schools - there's a continuum from there to commercial companies that provide school meals, to commercial companies being involved in education on all sorts of levels including management...Carphone Warehouse, Microsoft, Dixons and Granada Learning are all running academies. The schools minister, Lord Adonis, has said that every school should be in partnership with a business, and the government is promoting trust schools, which see businesses helping to run and advise schools.
Buckingham said the links went further than academies. Firms were increasingly sponsoring school sport, music classes and homework clubs, in what amounted to "privatising" state schools, he said...Buckingham said there was convincing evidence that the amount of marketing to children was intensifying and it was happening at a younger age.

THE NEW COLONIALISTS

"Chinese companies will be encouraged to buy farmland abroad, particularly in Africa and South America, to help guarantee food security under a plan being considered by Beijing. A proposal drafted by the Ministry of Agriculture would make supporting offshore land acquisition by domestic agricultural companies a central government policy. Beijing already has similar policies to boost offshore investment by state-owned banks, manufacturers and oil companies, but offshore agricultural investment has so far been limited to a few small projects."
(Financial Times, 8 May) RD

NICE FOR WHOM?

"Britain faces two years of economic pain and could sink into recession, the Governor of the Bank of England has warned. Mervyn King gave notice of a further squeeze on living standards, forecasting that inflation would climb to 3.7 per cent and remain high for two years. "The nice decade is behind us," he said." (Times, 15 May) RD

SAME MAG - DIFFERENT LIFES

"90 per cent of Tanzia's 36 million people live on less than £1 a day." (Page 17)
"No other supercar catches onlookers off-guard as seductively as a Ferrari, finds Polly Vernon. Ferrari F430 Spider F1 - £137,852." (Page 74)
(Observer Magazine, 11 May) RD

A MODERN THEOLOGIST?

"The current Bishop of Durham, fourth most senior cleric in the Church of England (after Canterbury, York and London), is also its leading evangelical theologian. Time magazine recently described him as "one of the most formidable figures in the world of Christian thought" and "a hero to conservative Christians worldwide". He has also just written a book, Surprised by Hope, in which he spells out a view many will find extraordinary. It is not just that, as an evangelical, he believes forcefully in the authority of scripture and the historical truth of the Gospels. Nor is it that, like most on that conservative wing of the Church, he is strongly opposed to gay priests. The Right Reverend Wright believes in the literal truth of the Resurrection. The day will come, he says, when Christ will come to join the heavens and the earth in a new creation and the dead will rise." (New Statesman, 10 April) RD

PROFIT AND LOSS

A shocking example of capitalism's priorities was recently revealed.
"There is growing concern that the Health and Safety Executive is failing at its job as it struggles with a growing number of workplace deaths. The HSE has reduced the number of its inspectors by around 25 per cent in five years from 916 to 680. Firms on average face an HSE inspection just once every 14.5 years. ... Last year 77 construction workers died, up from 60 in 2006." (Observer, 11 May)
Last year the HSE under spent its budget by £12 million, so from the standpoint of profit and loss what are 77 grieving families? RD

CHRISTIAN DECLINE

"Church attendance in Britain is declining so fast that the number of regular churchgoers will be fewer than those attending mosques within a generation, research published today suggests. The fall - from four million people who attend church at least once a month today - means that the Church of England, Catholicism and other denominations will become financially unviable. ... According to Religious Trends, a comprehensive statistical analysis of religious trends in Britain, published by Christian Research ..." (Times, 8 May) RD

UNEXPECTED PRAISE

Socialist are used to journalists parodying the works of Karl Marx and extolling the virtues of capitalism so it comes as a pleasant surprise to read Simon Caulkin, the Management Editor in the Business and Media section of the Observer having something worthwhile to say on the subject.
"Along with creeping monopolies, growing inequalities and the all-absorbing momentum of the capitalist markets, Marx foresaw many of the effects of globalisation, which he called "the universal interdependence of nations", not least the effect of an international "reserve army of the unemployed" in disciplining and depressing the wages of workers in the developed economies. His description of the "cash nexus" foreshadowed the economic rationality at the centre of today's mainstream economic and management theories." (Observer, 11 May) RD

PRIMITIVE ACCUMULATION

"In the semi-arid forests of the Chaco region of Paraguay, where summer temperatures top 40C (104F), the continent's last non contacted Indians outside of the Amazon basin are on the run, their traditional forest home increasingly encroached upon by ranchers. ... These formerly nomadic tribes’ people struggle to maintain a semblance of their traditional way of life in camps on the edge of the agricultural colonies that invaded their territory." (Times, 6 May)
This process called by Karl Marx the so-called primitive accumulation of capital was dealt with him in his Das Kapital (1867), mirrors what had happened in Europe at the beginning of capitalism. "In actual history it is notorious that conquest, murder, briefly force, play the great part ...As a matter of fact, the methods of primitive accumulation are anything but idyllic." (Page 668) A view echoed by one of the Indians in the Times - "The whites are violent. They just want land. We are afraid of them, they are very aggressive." RD

A WARMONGER SPEAKS

"John Bolton, America’s ex-ambassador to the United Nations, has called for US air strikes on Iranian camps where insurgents are trained for war in Iraq. Mr. Bolton said that striking Iran would represent a major step towards victory in Iraq. While he acknowledged that the risk of a hostile Iranian response harming American’s overseas interests existed, he said the damage inflicted by Tehran would be “far higher” if Washington took no action. “This is a case where the use of military force against a training camp to show the Iranians we’re not going to tolerate this is really the most prudent thing to do,” he said. “Then the ball would be in Iran’s court to draw the appropriate lesson to stop harming our troops.” Mr Bolton, an influential former member of President George W Bush’s inner circle, dismissed as “dead wrong” reported British intelligence conclusions that the US military had overstated the support that Iran was providing to Iraqi fighters." (Daily Telegraph, 6 May) RD

THE NUTTY PROFESSOR

"Marxist historian, Professor Eric Hobsbawm, 90, tells the Morning Star, the comrade's bugle, that Communism is finished because "the industrial working class" isn't interested any more. But Communism is flourishing in China where it takes the form of state capitalism."
(Daily Mail, 1 May) RD

AN UPPER CLASS TWIT

On Henry Conway, 25 year-old son of disgraced MP Derek Conway: "We might reasonably have hoped that, having being exposed as receiving £32,000 in parliamentary allowances while an undergraduate at Cambridge, he might have felt chastened and laid low. The more naive among us might even have hoped he would get a proper job, with a view to paying back some of the taxpayer's money. But, no. Last month Conway - who once threw a party called "F*** off I'm rich" - arrived at Mahiki, a naff London cocktail bar favoured by Prince William and Harry, in a horse-drawn carriage and dressed as a Regency dandy." (Times, 8 May) RD

CRISIS! WHAT CRISIS?

"Auction houses Sotheby's and Christie’s are confident of selling up to $1.8bn of Impressionist, postwar and contemporary artworks during the New York season beginning on Monday– 25 per cent more than last year – in spite of signs of nervousness among collectors." (Financial Times, 9 May) RD

BUSINESS AS USUAL

"Burma is still exporting rice even as it tries to curb the influx of international donations of food bound for the starving surviviors of the cyclone that killed up to 116,000 people. Sacks of rice destined for Bangladesh were being loaded on to a ship at the Thilawa container port at the mouth of the Yangon River at the end of last week, even though Burma's "rice bowl" region was devastated by the deadly storm a week ago. The Burmese regime, which has a monopoly on the country's rice exports, said it planned to meet all its contractual commitments."
(Observer, 11 May)
Inside capitalism business is business, and the fact that millions of Burmese risk death by starvation is of no concern. That is how capitalism operates, during the Irish potato famines foodstuffs were still being exported from Ireland. RD

THE KILLER SYSTEM

Supporters of capitalism claim that it is the most efficient way to run society, but that is a claim that rings hollow to millions of hungry people today, as even one of capitalism's stoutest supporters is forced to admit. "Giant agribusinesses are enjoying soaring earnings and profits out of the world food crisis which is driving millions of people towards starvation,
The Independent on Sunday can reveal. And speculation is helping to drive the prices of basic foodstuffs out of the reach of the hungry." (4 May) RD

WORDS OF WISDOM

"What's more, the genomes of complex creatures reveal a lack of any intelligence or foresight. Your DNA consists largely of millions of defunct copies of parasitic DNA. The inescapable conclusion is that if life was designed, the designer was lazy, stupid and cruel." (New Scientist, 19 April 2008) RD

RELIGIOUS CANT

"The Archbishop of Westminster has urged Christians to treat atheists and agnostics with "deep esteem". Believers may be partly responsible for the decline in faith by losing sense of the mystery and treating God as a "fact in the world", he said in a lecture. Cardinal Cormac Murphy-O'Connor called for more understanding and appreciation between believers and non-believers. The leader of Roman Catholics in England and Wales said that a "hidden God" was active in everyone's life." (BBC News, 8 May)
This hidden god may well be evident to the well fed Archbishop but he remains well hidden to the millions of starving children throughout the world. RD

THINGS CAN ONLY GET BETTER?

"The number of homeowners facing repossession orders after failing to keep up with mortgage payments is up, says the Ministry of Justice. It says the number of orders made by the courts in England and Wales at an early stage of the repossession process rose 17% in the first quarter of 2008. There were 27,530 orders made, up from 23,438 in the same period of 2007."
(BBC News, 9 May) RD

A DEPRESSING SOCIETY

"Depression symptoms could be a problem for large numbers of teenagers, suggest surveys for the Children's Society. More than a quarter of 14 to 16-year-olds questioned said that they frequently felt depressed. A leading child psychiatrist said more support, and resources, for parents were essential to tackle the problem. (BBC News, 24 April) RD

DIGNITY? NO WAY

"Eight out of 10 nurses say they have left work distressed because they have been unable to treat patients with the dignity they deserve, a poll suggests. The Royal College of Nursing (RCN) poll of more than 2,000 UK nurses cited washing and privacy as key issues." (BBC News, 27 April)
The NHS is provided for members of the working class. They are the class that produce all the wealth of the world but being poor can ill afford the best of housing, food or even medical care. Dignity for the only worthwhile class in society is a foreign concept. RD

WORDS OF WISDOM

"Global food price rises are leading to "silent mass murder" and commodities markets have brought "horror" to the world, the United Nations' food envoy told an Austrian newspaper on Sunday. Jean Ziegler, UN special rapporteur on the right to food, told Kurier am Sonntag that growth in biofuels, speculation on commodities markets and European Union export subsidies mean the West is responsible for mass starvation in poorer countries. Ziegler said he was bound to highlight the "madness" of people who think that hunger is down to fate. "Hunger has not been down to fate for a long time -- just as (Karl) Marx thought. It is rather that a murder is behind every victim. This is silent mass murder," he said in an interview. Ziegler blamed globalization for "monopolizing the riches of the earth" and said multinationals were responsible for a type of "structural violence." "And we have a herd of market traders, speculators and financial bandits who have turned wild and constructed a world of inequality and horror. We have to put a stop to this," he said." (Yahoo News, 20 April) RD

KNOCKING SHOPS KNOCKED BACK

"Deutsche Bank, Germany's largest, has been hit by the global credit crunch so badly that it has issued a memorandum to senior executives telling them that brothel visits and adult channels in hotel rooms cannot be claimed on expenses. ...A Deutsche Bank insider said: "In the good old days, you could pass off a trip to a knocking-shop as a restaurant if the name wasn't too obvious. But we're in an uptight, locked-down new Puritanism now, not helped by sub-prime or VW." (Independent, 23 April) RD

THE HORRORS OF CAPITALISM

"The Australian government has launched an investigation into claims that aboriginal children seized from their parents during the 1920s and 1930s were secretly used as guinea pigs for leprosy treatments. The allegations surfaced at a Senate inquiry this week into plans to compensate the "stolen generation" of aboriginal Australians who were taken from their families as part of a government programme. "As well as being taken away, they were used... There are a lot of things that Australia does not know about," Kathleen Mills, a member of the Stolen Generations Alliance and an indigenous elder, told the hearing. Ms Mills said children held at a compound in Darwin were injected with serums designed to be used in the treatment of leprosy – a practice which seriously damaged their health. Her uncle, who worked there as a medical orderly, had told her about the sinister goings-on." (Independent, 20 April) RD

CRISIS? WHAT CRISIS?

"Walking around the Salon International De La Haute Horlogerie, the annual luxury-watch trade fair in Geneva, Switzerland, it is difficult to get much of a sense of the impending disaster that stalks the world's financial markets. On the first day I was shown a baguette-set tourbillon wristwatch made by Jaeger-LeCoultre, retailing for €409,840; three orders had been taken before lunch—and the fair hadn't even officially opened yet. Across the country, at Switzerland's other, older watch fair in Basel, Jean-Claude Biver, the effervescent boss of the newly resurgent sports brand Hublot, told me he took orders for €159.4 millions' worth of watches, compared with €81.9 million at last year's fair. If anything, the problem that many brands have encountered is managing to deliver all the watches for which they have taken orders." (Newsweek, 12 April) RD

MORE PROFIT MEANS MORE HUNGER

"This year global production of biofuels will consume almost 100 million tons of grain – grain that could have been used to feed the starving. According to the UN, it takes 232kg of corn to fill a 50-litre car tank with ethanol – enough to feed a child for a year. The UN last week predicted "massacres" unless the biofuel policy is halted. Jean Ziegler, the UN's special rapporteur on the right to food, said biofuels were "a crime against humanity", and called for a five-year moratorium." (Independent, 16 April)
The UN can issue all sorts of pious resolutions, but if is more profitable to produce bio-fuels than food, then that is what capitalism will do. RD

THE DISTORTION OF SCIENCE

Producers of genetically modified foodstuffs often claim that it is the answer to world food shortages but recent research suggest otherwise.
"Genetic modification actually cuts the productivity of crops, an authoritative new study shows, undermining, repeated claims that a switch to the controversial technology is needed to solve the growing world food crisis. The study – carried out over the past three years at the University of Kansas in the US grain belt – has found that GM soya produces about 10 per cent less food than its conventional equivalent, contradicting assertions by advocates of the technology that it increases yields. ...The new study confirms earlier research at the University of Nebraska, which found that another Monsanto GM soya produced 6 per cent less than its closest conventional relative, and 11 per cent less than the best non-GM soya available." (Independent, 20 April)
Despite the claims of capitalist firms like Monsanto, GM crops are not the answer. Why do they make such claims? To them profits is the main consideration, not science. RD

100 YEARS OF POVERTY

The columnist Richard Morrison on pensions "The old-age pension is 100 years old. When Asquith introduced it in 1908, it was five shillings a week - a sum that was regarded as shamefully low by progressives in his party. But if even that paltry figure had kept pace with the growth in Britain's GDP, the state pension should now be £161 a week. The actual figure? £90.70p. Some progress." (Times, 30 April) RD

Indian wealth

According to the BBC , UK developers are heading to India in search of wealthy new customers for their luxury flats. But why would anyone invest in London's wobbly property markets? Because the super-rich still have plenty of cash to spend.

One of the world's most expensive homes is currently being built in Mumbai for Reliance head Mukesh Ambani. His personal skyscraper will boast six storeys just for parking cars, and is expected to cost nearly $2 billion by the time it is complete.

Nick Candy, one half of the design and development firm Candy & Candy, is in Mumbai to drum up interest for his own super-luxury project, One Hyde Park. The central London project is offering apartments - to the right kind of customer - for an average of £20m. Mr Candy is a man used to dealing with the fabulously rich. But he says, "I'm flabbergasted by the amount of wealth in India. It's staggering."
Candy & Candy specialises in strictly top-end property. Its customer base is a roll-call of the super rich: royals, entrepreneurs, private company bosses. It's now looking to open an office in India. India now has more billionaires than any other country in Asia - 36 at the last count. Together they are worth nearly $200bn. India's top three richest people are all successful businessmen, but have made their money in old-economy industries, such as oil and property.
And while they have thrived in India's new economy, they have all built their wealth on fortunes inherited from their parents.

Many of those super-rich are now keen to invest their wealth around the globe. But why would Indian investors want to put money into London's property market now the boom is over?
"It's going to be very tough in America, and I think the UK will probably mirror it six months later," admits Mr Candy. But, he says, this applies only to properties under £2m where buyers need to borrow the money. There, you can expect "serious reductions in prices", according to Mr Candy - "and you're looking at a lot more than 10%." For top-end property - costing more than £5m - he thinks prices will be stable. There are not many people who can afford that level of luxury - and in London, there are still very few properties for them to buy.

Besides, says Mr Candy, "they've still got huge amounts of wealth. Maybe it's come down from $1bn to $500m - or if they've been very unlucky, it's $50m. But it's still huge amounts of wealth."

And of course they are the economic migrants that the government want .

Blair's Riches

Tony Blair have bought a £4 million stately home that once belonged to the late Sir John Gielgud, it was reported . The Grade 1 listed mansion in Wotton Underwood, Buckinghamshire, has seven bedrooms, a drawing room, ornamental gardens and two paddocks. The house, South Pavilion, built in 1704, is said to have been snapped up by the Blairs before being put on the open market. It has undergone extensive renovation since it was Gielgud's home and now includes a four-bedroom converted outbuilding.

The Blairs' property portfolio already includes two houses in London, two flats in Bristol and a home at Trimdon Colliery, Co Durham, in his former constituency.

Seems as if he has no problem with the credit crunch that his pay-masters in the banking world created .

tails we win , heads you lose

Before it was rising house prices that left workers unable to get a foot on the housing ladder , now its the refusal of mortgages .

It is reported that Building Societies are now only lending to one in 10 would-be homeowners, compared with a traditional level of almost one in five. A 68% decline means that building societies are scaling back lending as a result of the credit crunch even more severely than major mortgage bank rivals, such as Halifax and Cheltenham & Gloucester.

And for those workers lucky to have a house , prices in the UK are dropping by almost £500 every week . The Halifax said the average home price has fallen £8,136 since the start of the year reaching £189,027 - a fall of £479 a week. Two other surveys - from the Nationwide and Hometrack - also said it was the first time since the mid-1990s that house prices were down year-on-year.

Seema Shah, economist at Capital Economics, said: "The last time we saw two such large falls in consecutive months was during the depths of the housing market crash of the early 1990s, and even those falls fell short of the declines seen in the past two months...With the economy and labour market set to weaken further, our forecast for a 20% fall in house prices by end-2009 is firmly on track,"

Under capitalism , workers just can't win

SOMETHING SMELLS HERE

"To the small town of San Giovanni Rotondo, in Southern Italy, they came in their thousands - devotees of St Pio of Pietrelcina, better known as Padre Pio, whose remains went on display to the public for the first time since his death 40 years ago. ... Padre Pio, was born in 1887 and died in 1968, is Catholicism's most widely and fervently worshipped saint. During his lifetime he was believed to have borne the stigmata - the wounds of the crucified Jesus - on his body, to have performed many miracles of healing, to have had the capacity of being in two places at the same time and to have emitted a strong aroma of wild flowers."
(Times, 25 April) RD

LABOUR RE-DISTRIBUTES WEALTH!

"The fortunes of Britain's richest 1,000 have risen by £53 billion, almost 15 per cent, in the last year. Their wealth has quadrupled from £99 billion to £412.8 billion since Labour came to power in 1997." (Times, 28 April) RD

Mayday Rallies

SPGB members and sympathisers will be out and about at the Mayday rallies in Edinburgh and Glasgow this coming weekend, distributing Socialist Standards and leaflets .

Details of Saturday's Edinburgh Mayday Rally here

Details of Sunday's Glasgow Mayday Rally here

Mayday belongs to the workers – we have a world to win, and we can win it.

FREESCALE CLAYMORE HOVERS STILL

In an article published on this site
We reported that plans of the possible stopping of production at the former Motorola semiconductor plant at in East Kilbride under the codename Operation Claymore. Various assurances were made about demanding answers etc, however, it seems everyone is still in the dark
in an article named, Are we next?, ask Freescale workers. EKMail, Wednesday the 30th April reports, Freescale bosses have moved to deny rumours they have brought in temporary HR staff to oversee mass redundancies at the troubled plant. In a week when another major employer JVC announced it was to shut up shop at the end of July after months of speculation, these rumours point to a new low in the morale of the 900 workers at the Kelvin industrial estate factory.
The former Motorola semiconductor plant at in East Kilbride was taken over by the new Texan owners, Freescale, last year, it was reported that they were putting the giant plant up for sale.
The plant was opened up in 1969, it is thought that Freescale will only keep their research and development arm which would save about 300 jobs at most. However, 900 workers are set to lose employment.
At that time Local MP Adam Ingram says he has been told nothing officially by Freescale and would be demanding answers tomorrow. It seems he never got any answers because workers say they have been growing increasingly frustrated with bosses who they accuse of keeping them in the dark over the plant’s future. A worker at the plant reports
“The latest rumour is that they have started some HR people on six month contracts. It’s only rumoured, but we reckon that it’s to make up the redundancy packages. But nobody upstairs is saying anything. Not a word.”The worker believes there are worrying parallels to be drawn between the fate of JVC in College Milton and the Kelvin technology manufacturer.He said: “The feeling here is that the closing of JVC was inevitable. “The writing has been on the wall for some time there, as it has been here for a while. There are certain similarities between JVC and Freescale. They weren’t told what was happening there either and it is the same here. It just seems to be the way things are now.“It’s the old mushroom syndrome – keep them in the dark and feed them a load of crap.”
The profit motive will always prevail in a capitalist society, lets go for a society that gets rid of the profit motive, Socialism.

GLOBAL BONDAGE

"Some of the world's leading computer makers don't want you to know about Local Technic Industry. It's a typical Malaysian company, one of many small makers of the cast-aluminum bodies for hard-disk drives used in just about every name-brand machine on the market. But that's precisely the problem: it's a typical Malaysian company. About 60 percent of Local Technic's 160 employees are from outside Malaysia—and a company executive says he pities those guest workers. "They have been fooled hook, line and sinker," he says, asking not to be named because others in the business wouldn't like his talking to the press. "They have been taken for a ride." It's not Local Technic's fault, he insists: sleazy labor brokers outside the country tricked the workers into paying huge placement fees for jobs that yield a net income close to zero. ...So why don't those foreign employees just quit? Because they can't, even after they find out they've been cheated. Malaysian law requires guest workers to sign multiple-year contracts and surrender their passports to their employers. Those who run away but stay in Malaysia are automatically classed as illegal aliens, subject to arrest, imprisonment and sometimes caning before being expelled from the country." (Newsweek, 21 April) RD

Heart-breaking

It is reported that the number of people in Scotland's poorest areas dying from heart disease has dropped , however, despite the drive to reduce the difference in life expectancy between the rich and poor, experts said there was little evidence the decline in heart disease deaths was any greater in deprived communities than elsewhere.
Those living in areas of deprivation are still at higher risk of dying from coronary heart disease . GPs in deprived areas have 30% more coronary heart disease patients and are likely to have less time for all of them.

33,000 MORE HOMELESS

"Homeowners face the threat of soaring repossessions this year, with a 25 per cent increase in the number of properties expected to be seized by the banks and building societies as mortgage costs remain stubbornly high. According to a report today from the Centre for Economic and Business Research (CEBR), more than 33,000 borrowers will lose their homes once their fixed-mortgages, agreed prior to the credit crunch, come to an end and interest costs rise." (Observer, 27 April) RD

DOES CAPITALISM WORK?

"In Cameroon, 24 people have been killed in food riots since February, while in Haiti, protesters chanting, "We're hungry" forced the prime minister to resign this month. In the past month, there have been food riots in Egypt, Cote d'Ivoire, Senegal, Burkina Faso, Ethiopia, Indonesia, Bangladesh and Madagascar. The World Bank now believes that some 33 countries are in danger of being destabilized by food price inflation, while Ban Ki-Moon, the UN secretary-general, said that higher food prices risked wiping out progress towards reducing poverty and could harm global growth and security." (Daily Telegraph, 22 April) RD

BUSINESS AS USUAL

"An electronics factory in East Kilbride is to close with the loss of 300 jobs, a union has told BBC Scotland. JVC will shut in July and work will be moved to Poland, a Unite official said. Jimmy Farrelly said employees at the College Milton plant, which makes television sets, had been "stunned" by the announcement." (BBC News, 26 April)
A TU official may well be "stunned", but socialists are not. That is how capitalism operates. Inside capitalism you must.on pain of extinction, cut your costs to survive. Three hundred workers on the dole? Who cares, this is capitalism. RD

US INTEREST IN AFRICAN OIL

"In any event, America's attitude has changed sharply since a Pentagon report in 1995 said that Africa was of “very little traditional strategic interest”. The administration has so far spent $127m on AFRICOM and has asked for another $389m for 2009. America's key interests in Africa remain terrorism and oil. Terrorists linked to al-Qaeda attacked the American embassies in Kenya and Tanzania in 1998, killing more than 200 people. America gets more than 15% of its oil from Africa, and the figure is rising. It also worries about China's growing influence there." (Economist, 10 April) RD

BIG BROTHER IS LISTENING

"Hundreds of benefit fraudsters have been caught out by lie-detector technology. More than 370 people were identified fiddling their benefits in Lambeth, South London. As part of the pilot project, Lambeth Council staff phoned 2,000 residents and used Voice Risk Analysis, which picks up tiny changes in the voice that show a person is lying. Benefit staff then made further checks to see if claims needed investigation. A total of 638 people were investigated and 377 were caught lying and had their benefits stopped or decreased." (Times, 21 April) RD

Our betters

Tax-exile , Lord Laidlaw of Rothiemay, Scotland's fourth-richest man , flew prostitutes from Britain to a £6000-a-night hotel suite in Monte Carlo, where they drank champagne, before indulging in lesbian and bondage sex acts , reports the Herald .

The peer is said to have more or less single-handedly bankrolled the Scottish Conservatives and has loaned or donated Tory HQ around £6m. He is also one of the key benefactors to Boris Johnson's bid for the London mayoralty, having handed over £25,000 to the Henley MP's campaign to oust Ken Livingstone.

The peer has a love of fast boats, fast cars and helicopters. As well as his £3m home in Monte Carlo, he has a £4m vineyard on the French Riviera, a £10m estate near Capetown, a £2m home in London's Eaton Square, a mansion in Scotland and a £14m home in Hampshire.

Same paper , different article , the more frequently men use prostitutes, the more likely they are to be sexually aggressive towards other women, according to new research.

Many of the men believed that the money paid cancels out the harm caused. Jan Macleod, development officer with the Women's Support Project, said:
"[of these men] Somehow they kid themselves that these women are there out of choice and that they are earning lots of money and that it means they are doing nothing wrong."

Grangemouth Strike

Unions in dispute are often depicted as selfish workers striking out of self interest. These workers are striking to prevent their company’s pension scheme being undermined for future workers joining the scheme. They are standing up to protect the pensions of future generations of workers in their industry. Isn't that altruism ? Isn't that self-sacrifice ?

Jim Ratcliffe, 55, owner of the strike-torn Grangemouth refinery , reported to be 25th in this years Times Rich List with wealth of £2.3 billion will have no doubt secured the future of his future generations and progeny .

Ratcliffe has grown Ineos rapidly by making ever-bigger acquisitions funded mostly with debt, says Breakingviews.com. “How come, one might ask? Surely even in today’s markets where liquidity is sloshing around, one needs to fund at least 20% of a deal with equity?” Ratcliffe gets round that requirement by using Ineos as the equity – focusing single-mindedly on growing cash flow to increase the company’s debt capacity. “That way, Ineos is ready to be used as collateral for the next deal”, ensuring that “every few years, he can triple or quadruple in size”.

Nor is Ratcliffe averse to blackmailing .

Having acquired ICI’s Runcorn chlorine plant in 2000, “after one of the longest due diligence exercises in recent history”, Ineos decided it had been “sold a pup” and began petitioning the taxpayer to bail it out. Ratcliffe went for broke, asking the Government for £300m: the alternative, he said, was the closure of the plant with the loss of some 133,000 associated jobs.
The press consensus was that “Ratcliffe of Runcorn should be sent packing”, but he nevertheless still managed to extract £50 million.

BP and Shell will together make record profits of more than $68 billion this year if the oil price stays at current levels, according to City forecasters.

the rich list

Credit crunch ...food inflation ...property price crash ...Yet the UK's super-rich have never been richer reports the BBC . The richest 1,000 people in Britain have seen their wealth quadruple under Labour, according to The Sunday Times Rich List published today.
The top 1,000 richest people in the country now have more than £400 billion between them, it estimates - up almost £53 billion in the last year. A fortune of £80m is needed to be one of Britain's richest 1,000 people - up from £70m in 2007.

Philip Beresford, who has compiled the list since it was first published in 1989, said: "Until now, the 11 years of Labour government have proved a boon for the super-rich, rarely seen before in modern British history..."

“The 11 years of Labour have been absolutely fantastic for the super-rich,” said Philip Beresford, “Having a friendly Labour government has almost been better than having a Tory one..."

RICH LIST TOP 10
Lakshmi Mittal, steel (£27.7bn)
Roman Abramovich, oil and industry (£11.7bn)
The Duke of Westminster, property (£7bn)
Sri and Gopi Hinduja, Industry and finance (£6.2bn)
Alisher Usmanov, Steel and mines (£5.7bn)
Ernesto and Kirsty Bertarelli, pharmaceuticals (£5.6bn)
Hans Rausing and family, packaging (£5.4bn)
John Fredriksen, shipping (£4.6bn)
Sir Philip and Lady Green, retailing (£4.3bn)
David and Simon Reuben, property (£4.3bn

THE NAME IS BOND - CAPITALIST BOND

Capitalism pervades everything in modern society. If you buy a football shirt it will advertise a beer or a soft drink. Formula 1 car racing would be impossible if advertising logos didn't cover every space on the cars and the drivers. It is in the entertainment business though that this pervasive influence is growing at an astonishing speed. "The name is Bond, James Bond. And he likes his Martinis shaken, not stirred. That is, as long as they are Smirnoff. Product placement is playing an increasingly important role in Hollywood blockbusters. The last Bond film bore a string of high-end sponsors, such as Omega, Sony, Ford and Sony Ericsson. Television shows have also lured advertisers, often preferring product placement or sponsorship over traditional advertising. .. The expectation is that television advertising will become more about the 30-minute sponsored advertisement than the 30-second shot." (Times, 21 March) RD

health of the workers

Yet another finding that being poor increases the chances of an early death .

A clear link between wealth and health has been highlighted in a study of middle-aged Americans. Being better-off was associated with a significantly lower risk of stroke between the ages of 50 and 64. Other findings linked a lack of wealth with higher blood pressure, excessive weight, diabetes and heart disease.

Scientists analysed data from 19,445 men and women involved in in the University of Michigan Health and Retirement Study which surveys people aged 50 and over every two years. Over an average period of eight-and-a-half years, a total of 1542 of the participants suffered a stroke.
The researchers divided the participants' wealth levels into six categories. They found that the 10% at the bottom of the wealth ladder had three times more stroke risk between the ages of 50 and 64 than those at the top, excluding the "ultra-rich".

Dr Mauricio Avendando, from the Erasmus Medical Centre in Rotterdam, the Netherlands, who co-led the research, said:
"Lack of material resources themselves, and particularly wealth, appear to strongly influence people's chances to have a first stroke."

There should be a health warning placed upon every worker - wage slavery can lead to premature death .

NOT TOO TOUGH

"A handful of the City's top hedge fund managers shared an extraordinary payout of more than $2 billion last year as star dealers profited from the meltdown in America's sub-prime mortgage markets. Top of the UK list of mega-earners for the year were Noam Gottesman and Pierre LaGrange, the two co-founders of GLG Partners, the $24 billion London based hedge fund. Mr Gottesman and Mr LaGrange were paid a staggering $350 million each, according to Alpha, a specialist hedge fund magazine that yesterday published a list of the top 50 best-paid managers worldwide for 2007." (Times, 16 April) RD

TOUGH AT THE TOP?

"At £70,000 for only 50 minutes' effort, it works out at a rate of £80k an hour. Amazingly, canny Paris Hilton got paid that incredible sum just for turning up at trendy Mayfair nightclub Mahiki on Monday night. But does the It Girl appreciate her good fortune? Hardly. We can reveal the heiress turned up two hours late for her appearance at Prince Harry's favourite watering hole. (Daily Mirror, 16 April) RD

NO OLD BANGERS HERE

"A Bentley Arnage, the marque's top-of-the-range vehicle, costs between £170,000 and £230,000 for the Brooklands coupe version. The Continental, a sporty and cheaper model, starts at £125,000." (Times, 27 April) RD

LEST WE FORGET

Amongst the most awful diseases that may strike us, surely one of the worst must be Alzheimer’s, the one that hits us when we are old and ruins our memory. The capitalist class can look after their elderly but workers are forced to rely on the NHS.
"Nearly 100,000 patients with Alzheimer's a year will be refused drugs that could delay the onset of the disease, the Court of Appeal has heard. ...NICE guidance in 2001 recommended the drugs - which can make it easier to carry out everyday tasks - should be used as standard. But advice published in November 2006, stated that the drugs should only be prescribed to people with moderate-stage disease. NICE said the drugs, which cost about £2.50 a day, did not make enough of a difference to recommend them for all patients and were not good value for money." (BBC News, 15 April)
Needless to say the National Institute for Health and Clinical Excellence (NICE) do not instruct the capitalist class not to waste £2.50 a day on their parents or grandparents. Only workers are told it is not "good value for money". RD

Poor little rich Guy

Guy Ritchie has complained that British people are being priced out of the property market by "big money" foreigners who are buying all the desirable properties in central London. The film-maker and husband of Madonna railed against the rising price of property saying it was almost impossible to buy a house in central London "unless you've got 10 million quid".

Madonna and Guy's homes

* A £7m family townhouse in Marylebone
* A £6m, 10-bedroom property next door
* Two mews cottages close to the Marylebone house, one bought for £900,000
* Two properties used by the Kabbalah religious sect: a £3.6m building in the West End used as its headquarters and a £1.6m five-storey townhouse in Regent's Park
* A 1,200-acre estate in Wiltshire, bought for £9m
* An £8m house in Beverly Hills
* An apartment in New York

another failed reform target

Ministers have been accused of doing too little to cut the bills of 4.5 million people suffering fuel poverty despite promising extra help for the most needy households. Campaigners said almost one in five householders were living in fuel poverty and that ministers faced missing targets for eliminating fuel poverty by 2016.

Dave Prentis, Unison's general secretary, said many of his members were forced to choose between food and heating last winter.

Campaigners, union leaders and opposition MPs dismissed as inadequate a package of measures announced to cut the number of people forced to spend more than 10 per cent of their income on fuel bills.

the shopping price hike

High food costs have added £15 to a weekly supermarket shop for a family of four in the UK, new research suggests.

Comparison website MySupermarket says a basket of 24 staple items including tea bags, milk and eggs costs 15% more than it did 12 months ago. The findings are based on its price comparisons of certain everyday items at Tesco, Sainsbury's and Asda.

The increases mean that families spending an average of £100 a week on food will be spending £780 a year more at a time when customers are under increasing pressure from higher mortgage, petrol and energy costs.

Johnny Stern, managing director of MySupermarket said: "The conclusion is that supermarkets are passing on a sizeable amount of the increased costs."

The price of wheat, rice and maize have nearly doubled in the past year . Analysts have warned that the higher prices are threatening to drive an extra 100 million people worldwide into poverty.

White loaf at Sainsbury's and Tesco: 65p - up 20%
Butter: 94p - up 62%
English mild cheddar: £1.52 - up 26%
Garden peas at Tesco: £1.79 - up 63%
Basmati white rice: £1.45 - up 61%

CAPITALISM STARVES

"Haiti’s hunger, that burn in the belly that so many here feel, has become fiercer than ever in recent days as global food prices spiral out of reach, spiking as much as 45 percent since the end of 2006 and turning Haitian staples like beans, corn and rice into closely guarded treasures. Saint Louis Meriska’s children ate two spoonfuls of rice apiece as their only meal recently and then went without any food the following day. His eyes downcast, his own stomach empty, the unemployed father said forlornly, “They look at me and say, ‘Papa, I’m hungry,’ and I have to look away. It’s humiliating and it makes you angry.” (New York Times, 18 April) RD

The police and the class war

Scotland's rank and file police are to call for the right to strike, currently denied them by law.
Members of the Scottish Police Federation , representing ranks up to chief constable, will debate the issue at their annual conference.

Police are prohibited by law from striking. The nearest they came to industrial action was a demonstration last year when 22,000 off-duty officers south of the Border protested over the pay deal they had been given. Many officers believe not being able to strike means they enter pay negotiations at a disadvantage and there is an increasing feeling within the federation that pay levels have been slipping.

Scotland and the food shortages

Britain is only 70% self-sufficient in cereal grains, down from 90% in the 1980s. Scotland is even worse, at only 40%. Most of that goes into the whisky industry and to animal feed. Scotland is thus almost totally dependent on others for this most basic of commodities for human consumption, which raises the question of whether Scotland could, if need be, feed itself.

The answer is yes, but only after significant change in land use and a rather drastic adjustment of the national diet.

Professor Peter Gregory, CEO of the Scottish Crop Research Institute says: "Technically, this is not a crisis for Scotland. There is enough arable land to provide for every person in Scotland. Our cereal yields are around twice the global average."

It would be possible to start making bread for five million people living in Scotland if we switched rape fields for wheat fields.

AN EXPENSIVE TIPPLE

"While the global credit crunch has forced many consumers to rein in spending, one Beijing-based billionaire has splashed out a record $500,000 on 27 bottles of red wine, London-based Antique Wine Company said on Saturday. The anonymous Chinese entrepreneur bought a mix of vintages of Romanee Conti, a Burgundy wine and considered to be among the world's most exclusive with only 450 cases produced each year. The client bought 12 bottles of Romanee Conti 1978, two bottles of the 1961, 1966, 1996 and 2003 and single bottles of the 1981, 1990, 1992, 1995, 1999, 2001 and 2002. "It is the highest price that has ever been achieved for a single lot," Managing Director Stephen Williams of the London- based Antique Wine Company told Reuters on Saturday. "I don't think he has bought this as an investment -- he has bought it to drink," he added. "The fine wine industry is completely immune from the global credit crunch." (Yahoo News, 19 April) RD

AN ILL DIVIDED WORLD

"Almost 30 per cent of Nepal’s 27m people live in absolute poverty or on less than $1 a day." (Financial Times, 21 April) RD

Self-interest and self -praise

Another of our ill-gotten gains series

Equitable Life has enlarged the pay package of its chief executive, Charles Thomson. Thomson's total rewards rose by 22% to top £1million. Thomson's package included salary of £453,973, a salary-related bonus of £199,305, and a discretionary bonus of half his salary - the maximum permitted under an "annual retention bonus scheme for senior staff"

Thomson has been reprimanded by the Institute and Faculty of Actuaries for misconduct, after being found guilty of bringing the profession into disrepute over the revelation during the court action that he had faked his job reference for Equitable in 2001. He was guilty of "failure to comply with the standards of behaviour and integrity which the public and the profession might reasonably expect of a member".

Thomson had admitted in court in April 2005 that he himself was the author of the glowing reference to his "exceptional record of success" at Scottish Widows, where he was the deputy chief executive from 1995 to 2000.The reference concluded: "We will miss his intellect, integrity, and energy and feel sure he will bring great value to other organisations at the highest levels."

Nothing like a bit of self-praise and now being richly awarded above inflation remuneration .

hunger: it’s a market thing

From Ian Bell of the Sunday Herald

Lots of food, lots of hunger: it’s a market thing.

Last week the International Assessment of Agricultural Science and Technology for Development was published...Its main findings were simple enough, however. There is enough food for everyone. It is cheaper and, broadly, more nutritious than it has been in decades, but 800 million go hungry...

...there are no food shortages. Instead, according to one of those complicated theories they teach at Oxford and the like, there are money shortages. Or rather - and this is apparently so complicated it never gets discussed - some people are very short of money and some are anything but...

...The relationships between land, food security, politics and bread at £1.13 a loaf are not abstract. The laws of economics should not be mistaken for acts of God...

As Bell writes , the law of economics is not abstract but neither is it complicated . Simply put , in capitalism , if you cannot pay , you cannot have , no matter your dire need . The Socialist Party understand this , as too does the working class , even if they so far have not understood or sought the solution - socialism - and it is not more abstract analysis from philosophers and politicians that is required , instead the point now is to change the way the world is organised for the benefit of the few against the interests of the many to a system where we all enjoy the fruits of our labour . That takes political action and a political movement to organise around and that requires members and commitment.

HEATHROW HOMELESS

"Each night, scores of London's homeless men and women take advantage of modern travel delays by posing as stranded passengers in order to sleep in a warm, safe place. ... Those contacted included a man sleeping under his coat, another conspicuously hiding behind an open newspaper, and a woman clutching a duty free bag, who insisted she was waiting for a flight, only to whisper when police were out of earshot, "I can't afford electricity. It's warm here. Please let me stay." (Time, 21 April) RD

NEW SOURCE OF CONFLICT?

"Equatorial Guinea sits at the heart of a deepwater corner of the Atlantic Ocean that is of growing interest to governments from Washington to Beijing. For the US, the Gulf of Guinea is the linchpin of growing sub-Saharan African oil production. Not only is it a bulwark against the troubles in the Middle East, it is also forecast to provide a quarter of US crude oil imports by 2010. China and other emerging economic powers also see an opportunity to muscle in, attracted by promises of big infrastructure projects and a relationship that is free of the colonial baggage carried by westerners in Africa. US multinationals such as ExxonMobil, Amerada Hess and Marathon Oil have, for some time, had Equatorial Guinea handily locked down, pumping more than 350,000 barrels a day."
(New Statesman, 10 April) RD

DYING FOR A JOB (2)

"Union leaders have expressed concern about the effectiveness of new laws on corporate homicide in Scotland. According to the Health and Safety Executive (HSE) 24 workers were killed and 2,702 people were seriously injured at their workplace in the year 2006/7.(BBC News, 6 April) RD

DYING FOR A JOB

"Fifty-four Myanmar migrants have suffocated to death in a cold storage container while being smuggled to Thailand to escape desperate conditions at home, Thai police said Thursday. The incident was the deadliest in a wave of recent tragedies as people flee economic collapse in military-ruled Myanmar and search for work in Thailand, where they often end up abused and exploited. Police said that 121 people had been crammed inside an airtight frozen seafood container measuring six metres (20 feet) long and 2.2 metres wide. Colonel Kraithong Chanthongbai, local police commander in southern Ranong province on Myanmar's border where the bodies were found late Wednesday, said the men and women were trying to get to Phuket island to work as day labourers. (Yahoo News, 10 April) RD

CAPITALIST PROGRESS?

"These are everyday stories in Ethiopia, which has the highest per capita rate of car fatalities in the world, with 190 deaths per 10,000 vehicles. Across sub-Saharan Africa, AIDS is the only killer more devastating than traffic for people ages 15 to 44. For children, traffic is the No. 1 killer. An African is 100 times more likely than an American to die in a car. According to the World Health Organization, Africa has 4 percent of the world's cars—but accounts for more than 11 percent of the world's traffic casualties and that is probably conservative. The WHO figures that road casualties in Africa are underreported by as much as twelvefold, and it predicts the death toll will rise an additional 80 percent by 2020, as the population grows and becomes more motorized." (Newsweek, 14 April) RD

HUNGER AMIDST PLENTY

"Food prices in Haiti are reported to have increased by 50 to 100 per cent in the last year. The population are particularly vulnerable because almost four-fifths live on less than $2 a day." (Times, 14 April) RD

AN UPPER CLASS TWIT

Boris Johnson speaks
" I can hardly condemn UKIP as a bunch of boss-eyed, foam-flected euro hysterics, when I have been sometimes not far short of boss-eyed, foam-flected hysteria myself (2004)."I can't remember what my line on drugs is. What's my line on drugs? (2005) "What ever James Oliver says, McDonald's are incredibly nutritious and, as far as I can tell, crammed full of vital nutrients and rigid with goodness. (2005) The awful truth is that people do take me seriously ...you must consider the possibility that underneath it all there may really lurk a genuine buffoon." (2007) (Observer Magazine, 13 April). RD

PROGRESSING BACKWARDS

The head of the International Monetary Fund (IMF) has warned that hundreds of thousands of people will face starvation if food prices keep rising. Dominique Strauss-Kahn said that social unrest from continuing food price inflation could cause conflict. There have been food riots recently in a number of countries, including Haiti, the Philippines and Egypt." (BBC News, 13 April) RD

A GRIM FUTURE

Recent droughts in places like Australia and Africa combined with the explosive competition inside modern capitalism has led to many experts forecasting future disasters. "In recent months the commodity prices of rice, wheat and corn has jumped 50 percent or more, pushing retail prices to levels unseen in a generation and prompting grain-exporting countries to curtail trade to suppress domestic inflation. On March 20, the World Food Program issued an emergency appeal for more funding to keep aid moving to the world's poorest countries. Last week World Bank president Robert Zoellick called for urgent global action on the part of rich nations "or many more people will suffer or starve." (Newsweek, 14 April) RD

THE GAP WIDENS

Much is made of the progressive nature of capitalism by journalists eager to prove that it is a society that is gradually making us all better off. A dissident view has recently been aired by the journalist Phillip Blond.
"The New Economics Foundation has shown that global growth has not aided the poor. In the 1980s, for every $100 of world growth, the poorest 20 per cent received $2.20; by 2001, they received only 60 cents. Clearly neo-liberal growth disproportionately benefits the rich and further impoverishes the poor. Real wage increases in the top 13 countries of the Organisation for Economic Cooperation and Development (OECD) have been below the rate of inflation since about 1970 – a situation compounded in Britain as the measure of inflation massively underestimates the real cost of living. Thus wage earners – rather than asset owners – have faced a 35-year downward pressure on their standard of living." (Independent, 23 March) RD

A FREE SOCIETY?

"The State secret police may have died with communism but its surveillance methods are still alive at Lidl, the German supermarket chain. George Orwell's Big Brother, it seems, stalks the aisles between the cornflakes and the canned dog food, Detectives hired by Lidl - which has more than 7,000 stores worldwide, including 450 in Britain - have been monitoring romance at the cash till, visits to the lavatory and the money problems of shelf-stackers. Several hundred pages of surveillance have been passed on to Stern magazine, causing outrage among unions and data protection officials." (Times, 27 March) RD

THIS IS PROGRESS?

Apologists for capitalism like to paint a picture of a system that is gradually improving the lot of the world's poor, but recent developments show that this is a fallacy. The development of the markets in China and India and the process of arable land being used to produce bio-fuels instead of less profitable foodstuff have led to chaos throughout the world. "Rising food prices could spread social unrest across Africa after triggering riots in Niger, Senegal, Cameroon and Burkina Faso, African ministers and senior agriculture diplomats have warned. Kanayo Nwanze, the vice-president of the United Nations’ International Fund for Agriculture, told a conference in Ethiopia that food riots could become a common feature, particularly after the price of rice has doubled in three months." (Financial Times, 4 April) RD

Capitalism's Waste

Waste & Resources Action Programme reports that a third of the food we buy, amounting to 6.7 million tonnes, gets discarded from UK households annually. Fruit and vegetables are a major component at around 40% of this. The top five fruit & vegetables which get binned without even being touched are apples (4.4 million or 179,000 tonnes pa), potatoes(5.1m or 177,000 tonnes pa), bananas (1.6m or 77,000 tonnes pa), tomatoes (2.8m or 46,000 tonnes pa) and oranges (1.2m or 45,000 tonnes). Producing, storing and getting the food to UK homes consumes much energy through transport, packaging etc. If we could stop the wastage of all this food, it would save the equivalent of at least 15 million tonnes of carbon dioxide. This would be equivalent to taking 1 in 5 cars off UK roads, according to WRAP.

The amount of discarded food-stuff is boosted by supermarket marketing promotions such as "two-for-one" deals with the result millions of Britons buy more than they need and then fail to eat much of what they bought before it goes off.

The study findings show essentially that much is discarded because it simply goes off, and storage conditions at home bear much blame. Simply storing most fresh fruit and vegetables inside the fridge keeps these foods stay fresh for up to 2 weeks longer.

DOUBLE STANDARDS

"Too much public money is spent on prolonging the lives of the elderly when it could be diverted to helping young offenders, according to a senior Church of Scotland minister. The Reverend Maxwell Craig, who is now retired but retains the honorary position of Extra Chaplain to the Queen in Scotland made the comments yesterday in a newspaper column.(Times, 27 March)
We are fairly certain that the reverend gentleman is complaining about the expense of keeping old workers healthy and not the Royal Family whom he serves and who have a fairly good record of longevity. RD

British Inequality

According to this BBC report , after 30 years of unprecedented economic growth, the British are richer, healthier - but no happier than in 1973. The main reason for the rise in wealth has been the increase in house prices. But the growing wealth has not led to greater happiness.

In 1973, 86% of people said they were satisfied with their standard of living, while in 2006 85% were satisfied. And one in six UK adults reported that they suffered from a variety of mental health problems in the latest survey, of which the largest category was "mild anxiety and depression."

The amount of goods and services purchased by UK households has risen by two and half times in thirty years.

But that increase in spending was not evenly distributed among the whole population, with the income of those in the top 10% of the income distribution going up much faster than that of households of the bottom 10%. In 1979, the real disposable income of the top 10% was three times greater than the real income of those in the bottom 10%, but by 2006 that had grown to four times greater.

And social mobility also appears to have declined, according to studies cited in the report. Children born in 1958 to poor parents coming to adulthood in the 1970s, were more likely to have moved to a higher part of the income distribution than those born in 1970, who came of age in the new millennium.

And child poverty has remained stubbornly high, with 22% of children living in relative poverty in 2005/6, compared to 27% in 1990/91.

election address

What’s the alternative to the profit system?

That's the issue in this election, says THE SOCIALIST PARTY candidate in Lambeth and Southwark Danny Lambert.

On 1 May, you will have your occasional ration of democracy with the opportunity to vote for the Mayor of London and the Greater London Assembly.

It's all very well having a vote but are you normally given any real choice? Let's face it, if it wasn't mentioned on the front of the election leaflet, could you tell which party was which?

It's tempting – in the absence of any real alternative – to get drawn into the phoney war that is political debate today. Whether Labour, Tory, Lib Dem, Greens or the others, they all spout empty promises. And it all amounts to the same thing – vote, vote for us and we’ll do this, this or this for you. As if they could.

None of them offer any alternative to the present way of running society. That’s why they always fail to deliver. The profit system requires them to put profits before people, to put saving money above meeting people’s needs.

Do you really think who wins an election makes any difference to how you live?

And do politicians actually have much real power anyway?

Can they control world market and financial forces or do they have to adjust and trim their policies to fit in with these?

Reality Check
Do any of the political parties address any of the real issues:
 Why can money always been found to fight a war while hospitals, schools and local services are always strapped for cash?
 Why do some people get stressed working long hours while others get stressed from the boredom of unemployment?
 Why are there homeless people in the streets and empty houses with "for sale" signs?
 Why is there still child poverty even in Britain?
 Why is there no world agreement to limit carbon emissions when scientists say this must be done to avert the threat of global warming?
 Why is there world hunger in a world that can grow enough for all?

So what's the alternative?

This time, in this constituency, you have a real choice. We in THE SOCIALIST PARTY are standing to put forward an alternative to capitalism and the madness of the market – a society of common ownership and democratic control. We call it socialism.

But real socialism. Not the elite-run dictatorships that collapsed some years ago in Russia and East Europe. And not the various schemes for state control put forward by the old Labour Party. For us socialism means something better than that. We're talking about:
 A world community without any frontiers where the Earth’s resources would be the common heritage of all.
 Wealth being produced to meet people's needs and not for sale on a market or for profit
 Everyone having access to what they require to satisfy their needs, without the rationing system that is money.
 A society where people freely contribute their skills and experience to produce what is needed, without the compulsion of a wage or salary.

If you agree If you don't like present-day society ... if you are fed up with the way you are forced to live ... if you think the root cause of most social problems is the profit system, then your ideas echo closely with ours.

We are not promising to deliver socialism to you. We are not putting ourselves forward as leaders. This new society can only be achieved if you join together to strive for it. If you want it, then it is something you have to bring about yourselves. Nobody can do it for you.

If you agree with what we say, you can show this by voting for THE SOCIALIST PARTY candidate, DANNY LAMBERT.And if you want to know more about us, call in at our election office at 52 Clapham High Street, SW4 or return the reply coupon on the last page (no stamp required). You can also.phone or email us or visit our website at www.worldsocialism.org/spgb.

AMERICAN ILLUSIONS

During the primary elections in the US much has been made of Hilary Clinton's care for the under-privileged against the super-rich, but what is the reality? "Democrat Hilary Clinton and her husband, former President Bill Clinton, have made $109 million since leaving the White House, including $51 million in speech income for Bill Clinton, according to eight years of tax records released on Friday." (Yahoo News, 4 April)
We don't take sides in this political "beauty contest". but we can recognise that all of the candidates are hypocritical self-serving people who wish to administrate the awful system of capitalism. We hate their system and we detest every one of them who try to con us. RD

CAPITALISM KILLS KIDS

"Every 17 seconds, a child in the developing world dies from water-related diseases. In around the time it takes you to read this paragraph, someone, somewhere, will die. Everyday, people in the world's poorest countries face the dilemma of having to trust their health and that of their children to the consequences of drinking water that could kill them. It's a gamble that often carries a high price - seeing a child needlessly dying is simply heartbreaking. Having access to safe, clean water and adequate sanitation are the most basic of human needs. It's something we can often take for granted. For those living in impoverished areas of the developing world the lack of access to water can be a traumatic, life or death experience they have to face every day." (Water Aid leaflet, April) RD

Child soldiers

Plans for pupils in comprehensive schools to sign up for military drills and weapons training are being backed by Gordon Brown in an attempt to improve the relationship between the public and the armed forces. A major review of the military's role in British society says that encouraging more state secondary school pupils to join the cadet corps would improve discipline among teenagers while helping to improve the public perception of the army, navy and air force.

The government-commissioned review of civil and military relations, led by Quentin Davies wants secondary school pupils to receive basic military training as a means of developing greater affiliation with the armed forces. Davies, who was a Tory MP before defecting to Labour last year, said his proposals to expand the cadet structure throughout the comprehensive system were firmly backed by the Prime Minister, the Children's Secretary Ed Balls and defence ministers. Under the new government proposals, state schools who do not set up a cadet system will encourage pupils to attend a community cadet force instead. One of the core elements of the cadets' training is mastering shooting skills and military drill.

An estimated 200,000 to 300,000 children are serving as soldiers in current armed conflicts. These young combatants participate in all aspects of contemporary warfare. They wield AK-47s and M-16s on the front lines of combat, serve as human mine detectors, participate in suicide missions, carry supplies, and act as spies, messengers or lookouts. In 2000, the United Nations adopted an Optional Protocol to the Convention on the Rights of the Child on the involvement of children in armed conflict. The protocol prohibits the forced recruitment of children under the age of 18 or their use in hostilities. To date, it has been ratified by more than 110 countries.
The ILO Convention on the Worst Forms of Child Labor prohibits the forced or compulsory recruitment of children under the age of 18 for use in armed conflict. It has been ratified by over 150 countries.

Kiddie cannon fodder by the back door is now what New Labour have lowered themselves to .

Democracy or Feudalism

Lib Dem deputy leader , Vince Cable "It was reported this week that Her Majesty the Queen had cancelled her diamond wedding celebrations because it was judged to be inappropriate to engage in extravagance at a time of economic gloom and recession. Do you share my view that this demonstrates Her Majesty's unerring instincts for the public mood, or does the Government think she was overreacting?"

Michael Martin, The Speaker of the House of Commons "Order! You shouldn't discuss Her Majesty the Queen. The honourable member must not discuss her majesty the Queen in the house. "

According to Erskine May, the guide to parliamentary practice, "the irregular use of the Queen's name to influence a decision of the House is unconstitutional in principle and inconsistent with the independence of Parliament". It adds: "Any attempt to use her name in debate to influence the judgement of Parliament is immediately checked and censured." It says MPs have been reprimanded "or even sent to the Tower" for treasonable or seditious language "or disrespectful use of Her Majesty's name".

Lib Dem leader Nick Clegg said Parliament "is fast becoming a museum piece - a 19th-century home for our 21st-century political elite".

CAPITALISM HATES WOMEN

"Most women prisoners have mental health problems, and nine of out 10 were convicted of non-violent offences. Now a new study shows an alarming rise in suicides and self-harm - and behind the statistics lie ruined lives and shattered relatives." (Observer, 30 March) RD

WORDS OF WISDOM

Donald Sutherland, film actor, on religious belief. "Did you know that 54 per cent of all Americans believe that the world was created 6,000 years ago? That's 1,000 years after the Sumerians invented glue." (Observer, 30 March) RD

THE REALITY OF POVERTY

Many words can be said about the awfulness of capitalism and the poverty it breeds, but here is an ill-educated women telling it like it is "Estella Lemus, 27, cries as she describes the hunger, danger and injuries of her illegal border crossing and says she won't do it again. The seamstress, who earns up to $5 a day in her poor neighborhood north of San Salvador, worries about how she'll repay the $3,000 her family borrowed for her trip." (USA Today, 23 March) It is only one story but there are thousands. Capitalism sucks.RD

CLASS IN PAKISTAN

When socialists proclaim that we live in a class dominated society we are rebuked for not taking into account the dreadful poverty of some parts of Asia, but as recent reports indicate capitalism dominates Asia just as much as it does in Europe.
"Gold-trimmed SUVs idle outside parliament. Among new female lawmakers, black Muslim veils are out and Gucci bags are in. Civilian rule has returned to Pakistan, and its politicians have come back with bling. Last month's elections ushered into parliament a new crop of business leaders and wealthy elites opposed to U.S.-backed President Pervez Musharraf's one-man rule. ...Parliament's parking lot was crowded Wednesday with new Mercedes and Toyota sports utility vehicles festooned with flashy tire rims and hood ornaments. ...Economic hardships persist for most Pakistanis. Millions live in poverty despite the recent growth. The country has yet to fully overcome a severe shortage of wheat flour — a staple here — and fuel prices have spiked sharply in recent weeks." (Yahoo News, 19 March) RD