Sunday, January 25, 2015
Socialism Matters
Saturday, January 24, 2015
Sunrise capitalism
Japan is often cited as an example of how capitalism can work, if only all workers were hard-working and loyal. Its low unemployment, high growth rate and high wages are apparently what we should all be striving for. Indeed, when he was describing Labour's economic policy recently, Neil Kinnock said that Labour was after a Japanese-type economy.
It is not only in this country that Japan is held up as a shining example of "successful" capitalism. In the United States, competition from Japan has led to many industries closing down - especially car and steel plants - which in turn has resulted in some American workers mistakenly blaming "dirty foreigners" for their unemployment. Russian leaders have also been pointing to Japan's economy, and the quality of their goods, as an example of what their workers should be aspiring to.
Despite the fact that in Japan unemployment is one fifth of Britain's, that wages are on average one third higher and that the economy is growing at a relatively high rate - conditions which are supposedly the best that capitalism can achieve - Japanese workers face problems and conditions that are bad even by British standards.
Housing in Japan is generally very poor and costly in comparison with Britain. It costs three times as much, which makes a nonsense of directly comparing wage rates. In the late seventies, one third of Japanese houses averaged 11 feet by 11 feet, and are often referred to as "rabbit hutches". Nearly one half of the 34 million homes in Japan have no flushing toilet and 6 per cent have no piped water. Within the three main metropolitan areas, 50 million of Japan's 120 million people are crushed; Tokyo has very few parks or gardens.
The old and sick in Japan are in a precarious position. Pensions are usually low, and some workers do not even get one. Many have to rely on savings or charity from their families, although less old people are now being looked after in this way. Some old workers are retired by companies at 55 years old, although pensions don't usually start until they are 60. On the other hand, many small businesses in Japan employ old workers who have to work until they drop.
It is not advisable to fall ill in Japan. Although there is health insurance, it is not comprehensive, and up to 30 per cent of the bill may have to be paid by the patient himself.
Unemployment in Japan may be lower, but if you are out of work then you are in trouble. Unemployment benefits usually lasts for only 90 days, although older workers at the bigger companies might get a maximum of eight months' benefit. After this, workers who cannot get a job have to rely on any savings they may have, or on their families, as there is no supplementary benefit.
Although security of employment is better in Japan (at least in the bigger companies), when companies do make workers redundant it is the 45-55 year age group that is most vulnerable. Pay rates in Japan are linked to age and workers may get as much as three times more than their colleagues in their twenties which, apart from dividing the workforce, makes them a ready target for cost-cutting employers.
Employment in Japan is not an altogether pleasant experience, and workers there have less protection than their European counterparts. Independent unions are discouraged and instead workers join company unions. These unions preach subservience and loyalty to the company, which is like cattle preaching loyalty to the butcher.
In the bigger companies workers do have relatively high wages and security (of exploitation). Long hours are expected, however, and overtime is often little short of compulsory. Many Japanese workers, however, are employed in smaller firms, where wages are much lower (up to a third), and conditions and job security are much poorer. This is most noticeable in the car industry, where the further down the sub-contracting line the worse the working conditions tend to be. Temporary labour is used a lot, with the advantage to the capitalists of being cheap and disposable.
Workers in Japan are cajoled and exhorted to work hard and be loyal to "their" company. A strict labour discipline which is instilled in workers at an early age. The school system in Japan can be brutal. Strict codes define all aspects of a child's behaviour throughout the day. The uniformed nonentities found in Japanese factories are found in the schools, where rules of dress are strict.
Large classes are geared towards passing exams, which are themselves geared to the needs of their future employers (pronounced exploiters). Failure is not tolerated. The creating of a compliant, docile workforce, suitable for the profit requirements of capital, leaves its mark on the children. Violence, bullying, absenteeism and delinquency are on the increase. Those children whose academic achievements are poor or appear different are the main targets for bullying in the classroom jungle.
In 1984, 572 people under the age of 19 committed suicide. The figure was 62 for those under 14, compared to two in Britain. The "success" of Japanese capitalism has its price.
Japan's economy is now the second biggest in the world, after the United States. But the problems facing workers in Japan, who created this wealth, have not disappeared. In fact, you could argue that they are relatively worse off, in that the wealth they have created has increased faster than their wages, becoming an oppressive, alienated force in the hands of capital. Certainly, Japanese workers do face similar problems to those elsewhere.
When capitalism is a "success", as we are led to believe it is in Japan, it is only the capitalists who benefit. It is clear that those who express an admiration for, and desire to emulate, Japan are only wanting capitalism to be "successful" in their countries. The lot of the working class is not substantially changed by capitalist success or failure. It will only be changed by its abolition.
Ian Ratcliffe
Crisis In Ukraine
Bound Together to Break the Chains
Tory stirs the sh*t
Thursday, January 22, 2015
To change everything, start everywhere
Pre-programmed To Create Inequality
Our companion party in the UK has informed us that there has been a 163% increase in the use of food banks compared to the previous financial year. Over 900,000 adults and children have received three day's emergency food and support. Yet the press says we are in an economic recovery. This must be a recovery like no other.
Meanwhile, in Toronto, The Star (December 20) asks, " How can a city that's so rich have so many who are poor? Good question! The author's suggestion re children going to bed hungry is that it is because we allow them to. We are too preoccupied with our own struggle to stay afloat that we have little time to devote to helping others. There are 150,000 kids living in poverty in Toronto, or 29%. Well, maybe we allow the same parties to run capitalism with the same predictable results, and yes, we are in a struggle to survive. But nowhere is there a finger pointing at a system that is pre-programmed to create inequality and poverty. John Ayers.
Upping the Anti
Wednesday, January 21, 2015
Who Owns the North Pole - Part 82
How The Rich Get Richer
The world's richest people, about 1 per cent of the population, have accumulated so much money that they now have about 48 per cent of the world's assets. The remaining 52 per cent is not distributed equally amongst the average-income earning citizens, according to Oxfam, almost all the remaining 52 per cent are in the pockets of the richest people in the world , which is just about 20 per cent of the population.
This means of course that 80 per cent of the population own only 5.5 per cent of the wealth. Their average wealth is only $3.8851 (Dh 14,000) per adult, which is 1/700 th. of the average wealth of the 1 per cent. These statistics leads to this conclusion. 'Winnie Byanyima, executive director of Oxfam International , says the scale of global inequality is quite simply staggering and despite calls for eradicating poverty, the gap between the rich and the poor just keeps getting wider each year.'
A recent Oxfam research paper revealed how the super rich invest their money. According to it a large number of the richest billionaires like Warren Buffett, George Soros or Michael Bloomberg have all invested in financial and insurance sectors. They have seen their wealth grow by 15 per cent in a single year, from $1 trillion to $1.6 trillion.
Other billionaires like Ludwig Merckle from Germany and Dillip Shanghvi from India invested in healthcare and pharmaceuticals and witnessed their fortunes grow by 47 per cent. Merckle saw his wealth grow in one year by 21 per cent, from $7.1 billion in 2013 to $8.6 billion last year.
Not only do these billionaires invest in lucrative deals they also have to protect their investment so they spend large fortunes influencing government officials to pass the necessary legislation to protect their investments. Last year the finance sector spent more than $400 million on lobbying in the US alone and according to Oxfam spent $150 million on EU institutions.
It is difficult to convey the immense wealth enjoyed by these billionaires but here are a few figures that might convey how crazy capitalism has become in modern times. Warren Buffett: Source of Wealth: Berkshire Hathaway Wealth in 2014 :$58.2 billion increase in wealth between 2013 & 2014: 9%.
Michael Bloomberg: Source of Wealth Bloomberg LP Wealth in 2014, $33 million Increase in wealth between 2013 &2014: 22% George Soros: Source of Wealth : Hedge funds Wealth in 2014 : $23 billion Increase in wealth between 2013 & 2014: 20%. Amidst these dizzying figures one simple concept should not be lost however. It is simply that all wealth is produced by the working class. The owning class produce nothing. They live of the exploitation of the working class. It is the surplus value that the workers produce that allows these capitalist parasites to live in ease and luxury. RD
(Main source gulfnews. com, 20 January)
Sacrifice For Others
Why Socialism
Tuesday, January 20, 2015
In-work poverty
Lower Prospects
The forecast for global economic growth for this year and next has been lowered by the International Monetary Fund (IMF). 'The IMF now expects growth of 3.5% this year, compared with the previous estimate of 3.8% which it made in October. The growth forecast for 2016 has also been cut, to 3.7%. The downgrade to the forecasts comes despite one major boost for the global economy - the sharp fall in oil prices, which is positive for most countries. The IMF expects that to be more than offset by negative factors, notably weaker investment.' (BBC News, 20 January) Lower forecasts don't look good for workers' prospects. RD
Below The Minimum
Preserve Capitalism Or Conserve the Planet
Monday, January 19, 2015
Forgetting About Planet Earth
The Rich Get Richer
Legal Action
Socialism cannot wait
Sunday, January 18, 2015
$95,000 For A White Truffle!
Recently released figures by Oxfam clearly show the inequalities in society. Eighty-five of the world's billionaires collectively have as much money as the 3.5 billion poorest people. Between March 2013 and march 2014, those eighty -five had their wealth increased by $668 million – that's $1.8 million a day just for the increase! Russian mining 'tycoon', Vladimir Potanin spent $95,000 on a 1.8 kg white truffle – he's worth $13.9 billion so can afford it. It would take Bill Gates two hundred and eighteen years to spend all of his money if he spent a million dollars a day, not taking into account interest on what would be left each day. It would take ninety three years for a South African platinum miner to earn the average CEO's annual average bonus. Sound crazy? You bet. We must get rid of such stupidity. John Ayers.
A Desperate Plight
-
Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...