Tuesday, June 03, 2008
BIG BROTHER IS COMING
IS THIS YOUR FUTURE?
(BBC News, 20 May) RD
Monday, June 02, 2008
A CYCLONE OF DEBT
FOR YOUR CONSIDERATION
CAPITALISM FAILS AGAIN
Sunday, June 01, 2008
GOD AND MAMMON
WE ARE NOT ALONE
Saturday, May 31, 2008
HUMAN BEHAVIOUR IN CRISIS
THE BEAR NECCESSITIES
Friday, May 30, 2008
MEDIEVAL NONSENSE
MORE MADNESS
ADSPEAK NONSENSE
CAPITALIST MADNESS
Thursday, May 29, 2008
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.
Monday, May 26, 2008
A new International
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."
Sunday, May 25, 2008
the last post
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
Saturday, May 24, 2008
THE REALITIES OF CAPITALISM
LEGAL TAX DODGERS
Friday, May 23, 2008
AN IMPOSSIBLE DREAM?
RYANAIR! WHAT'S RYANAIR?
Thursday, May 22, 2008
Lazy Workers !!!
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?
Wednesday, May 21, 2008
THE STUPIDITY OF CAPITALISM
A STRANGE KIND OF FREEDOM
Tuesday, May 20, 2008
LAND OF THE FREE?
Monday, May 19, 2008
WORDS OF WISDOM
Marketing kids and education
"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.
Sunday, May 18, 2008
THE NEW COLONIALISTS
(Financial Times, 8 May) RD
NICE FOR WHOM?
SAME MAG - DIFFERENT LIFES
"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
Saturday, May 17, 2008
A MODERN THEOLOGIST?
Friday, May 16, 2008
PROFIT AND LOSS
"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
Thursday, May 15, 2008
UNEXPECTED PRAISE
"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
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
Wednesday, May 14, 2008
A WARMONGER SPEAKS
Tuesday, May 13, 2008
THE NUTTY PROFESSOR
(Daily Mail, 1 May) RD
AN UPPER CLASS TWIT
CRISIS! WHAT CRISIS?
Monday, May 12, 2008
BUSINESS AS USUAL
(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
Sunday, May 11, 2008
THE KILLER SYSTEM
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
Saturday, May 10, 2008
RELIGIOUS CANT
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?
(BBC News, 9 May) RD
Friday, May 09, 2008
A DEPRESSING SOCIETY
DIGNITY? NO WAY
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
Thursday, May 08, 2008
WORDS OF WISDOM
Wednesday, May 07, 2008
KNOCKING SHOPS KNOCKED BACK
THE HORRORS OF CAPITALISM
Tuesday, May 06, 2008
CRISIS? WHAT CRISIS?
MORE PROFIT MEANS MORE HUNGER
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
Monday, May 05, 2008
THE DISTORTION OF SCIENCE
"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
Sunday, May 04, 2008
Indian wealth
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
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 .
Saturday, May 03, 2008
tails we win , heads you lose
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
Friday, May 02, 2008
SOMETHING SMELLS HERE
(Times, 25 April) RD
Thursday, May 01, 2008
LABOUR RE-DISTRIBUTES WEALTH!
Mayday Rallies
Wednesday, April 30, 2008
FREESCALE CLAYMORE HOVERS STILL
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
Heart-breaking
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.
Tuesday, April 29, 2008
33,000 MORE HOMELESS
DOES CAPITALISM WORK?
Monday, April 28, 2008
BUSINESS AS USUAL
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
BIG BROTHER IS LISTENING
Our betters
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."
Sunday, April 27, 2008
Grangemouth Strike
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.
the rich list
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
Saturday, April 26, 2008
THE NAME IS BOND - CAPITALIST BOND
Friday, April 25, 2008
health of the workers
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 .
Thursday, April 24, 2008
NOT TOO TOUGH
TOUGH AT THE TOP?
NO OLD BANGERS HERE
LEST WE FORGET
"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
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
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.
Wednesday, April 23, 2008
the shopping price hike
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
Tuesday, April 22, 2008
The police and the class war
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
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.
Monday, April 21, 2008
AN EXPENSIVE TIPPLE
AN ILL DIVIDED WORLD
Self-interest and self -praise
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 .
Sunday, April 20, 2008
hunger: it’s a market thing
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.
Friday, April 18, 2008
HEATHROW HOMELESS
Thursday, April 17, 2008
NEW SOURCE OF CONFLICT?
(New Statesman, 10 April) RD
Wednesday, April 16, 2008
DYING FOR A JOB (2)
DYING FOR A JOB
Tuesday, April 15, 2008
CAPITALIST PROGRESS?
HUNGER AMIDST PLENTY
Monday, April 14, 2008
AN UPPER CLASS TWIT
" 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
Sunday, April 13, 2008
A GRIM FUTURE
Saturday, April 12, 2008
THE GAP WIDENS
"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
Friday, April 11, 2008
A FREE SOCIETY?
Thursday, April 10, 2008
THIS IS PROGRESS?
Capitalism's Waste
Wednesday, April 09, 2008
DOUBLE STANDARDS
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
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Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...