BUDDY, CAN YOU SPARE A DIME

Socialists are always saying that capitalism is a crazy society but the following news item suggests that it is stark raving bonkers! "SAN JOSE, Calif. - John Feigenbaum didn't sleep at all during his redeye flight across country. He's not a nervous flier — he had a dime worth $1.9 million in his jeans pocket. Feigenbaum, 38, of Virginia Beach, Va., is a rare coin dealer, and the dime he was carrying from San Jose to New York is a 1894-S dime, one of only nine known to exist. He picked up the dime, one of only 24 known to be coined in 1894 in San Francisco, on Monday from the seller's vault in Oakland. He delivered it to the buyer's vault the following day, in midtown Manhattan. Feigenbaum said he and the seller's agent will split a 6 percent commission on the deal. Feigenbaum said he put the dime, which is encased in a 3-inch-square block of plastic, in his pocket. Accompanied by a security guard, he drove to the airport." (Yahoo News, 28 July) RD

BUDDY, CAN YOU SPARE A BED

"Once in khaki dress, gee we looked swell. Full of Yankee doodle dum" goes the old song and it still applies today judging by the treatment handed out to veterans in New York. "The only homeless shelter in New York just for veterans will close in August for renovations, which city officials say will improve conditions there. But the plans are upsetting some of its residents. The shelter, the Borden Avenue Veterans’ Residence, in Long Island City, Queens, is to reopen in November with a little more than half its current number of beds, according to officials, who also say the refurbished facility may charge rent, which it does not do now." (New York Times, 26 July) It is all very well being cheered by the admiring public during a war but the realities of capitalism after it has used you are far from cheering. RD

Science for hire

Achieving headlines throughout the world , Heinz Cream of Tomato Soup improved men's fertility according to researchers after conducting tests involving six healthy male volunteers by the University of Portsmouth . The study found that a fortnight of tomato soup had some effect on semen.
Nigel Dickie, a spokesman for Heinz, said: "It's good to know that Heinz Cream of Tomato Soup could boost your mojo and give guys extra oomph. And for Heinz Ketchup lovers, the tomatoey goodness will put more ketchup in your bottle."

However , The Scotsman contacted fertility experts and the company admitted it had overstated the research, which it had partly funded. In fact, the Portsmouth study found that while lycopene levels rose in semen after a period of soup consumption, there was "no measurable increase" in the sperm's ability to combat damaging free radicals. The scientists said more research was needed to see if higher lycopene levels really would help boost fertility.
A University of Portsmouth spokesman said "But on the basis of this research alone, we cannot say that the lycopene levels in sperm boosted fertility."

Allan Pacey, secretary of the British Fertility Society, said although the study found higher lycopene levels in the sperm, it did not find any improvement in its quality to tackle infertility. Dr Pacey, a senior lecturer at the University of Sheffield, said sperm was produced by the body over three months, so long-term changes to diet would be most effective at improving its quality, rather than a two-week alteration.

So there we have it . Important science and research facilities at universities being hired to promote and market certain products . Commercial companies distorting scientific findings and then publicising inaccurate claims to increase its sales at the supermarket .

Capitalism , instead of using the field of medical research to advance and improve the quality of life simply employs the knowledge and brains of skilled and gifted people to make a fast buck and improve and advance advertising rather than health .

REFORM UNDER ATTACK

The governments are always out to erode any advantages workers may have won in the course of their struggles; however, they try to present their attacks on conditions as if they were really doing it for your benefit. An example is an attack on the 35 hour week of the French worker.
According to an article in Scotland on Sunday by Elaine Sciolino, French told: work more and think less
http://scotlandonsunday.scotsman.com/international.cfm?id=1181162007
In proposing a tax-cut law earlier this month, finance minister Christine Lagarde bluntly advised the French people to abandon their "old national habit".

"France is a country that thinks," she told the National Assembly. "There is hardly an ideology that we haven't turned into a theory. This is why I would like to tell you: Enough thinking, already. Roll up your sleeves."
Citing Alexis de Tocqueville's Democracy in America, she said the French should work harder, earn more and be rewarded with lower taxes if they get rich.
The government's call to work is key to its ambitious campaign to revitalise the French economy, abandoning what some commentators call a nationwide "laziness". France's legally mandated 35-hour week gives workers a lot of leisure time but not necessarily the means to enjoy it.
I don’t think working a 70 hour week gives you much time to enjoy your life either.
Reminds me of Matt McGinn’s wee classic ’Three Nights and a Sunday’
Chorus
Three nights and a Sunday double time.
Three nights and a Sunday double time.
I work a’ day and I work all night.
Tae hell wi’ you Jack, I’m all right.
Three nights and a Sunday double time.
We in the Socialist Party are depending on workers thinking for themselves and not relying on leaders to think for them.

...Names will never hurt me

Two of Socialist Courier contributers felt the need to comment on recent health and safety statistics and the rise in deaths at work .

Why increase the expenditure on safety? It cuts profits and capitalism hates that! said RD

The Sunday Herald carries a story with much the same conclusion concerning the weakness of the recently passed legislation governing "corporate killing", which has just received Royal Assent and is expected to become law within months.

In the UK, between 1966 and 2006, more than 40,000 people have been killed in work-related circumstances, according to Gary Slapper, professor of Law at the Open University. 40,000 deaths .

But under the common law of culpable homicide (or manslaughter in England), only 34 companies were prosecuted and only seven convictions were secured. In Scotland, only one company has ever been prosecuted for corporate homicide - utility firm Transco for the Larkhall gas explosion, caused by a leaking main, which killed Andrew and Janette Findlay and their two children in their house in December 1999. Although the company was eventually fined £15 million in 2005 for breaching health and safety laws, the homicide charge failed because, given the disperse communication channels of large companies, the court could not find a "controlling mind" or pin the blame on one senior figure who knew enough to be liable.

The new legislation removes the requirement to find a "controlling mind." Now, it must only be shown that someone in senior management was guilty of "gross negligence". YET , under the new legislation, there are no extra duties that directors must adhere to. The maximum penalties are the same as under existing health and safety laws.

Courts will now also be able to order the company to publicise any conviction. The reputational damage and stigma is thought most likely to act as a deterrent and encourage directors to take health and safety concerns more seriously.

Patrick Maguire, legal adviser to the Scottish TUC who was also a member of the Scottish Executive's expert panel , however interprets the new law as one that simply finds new scapegoats .
"...the need to identify the "controlling mind" has simply been replaced by the need to find a senior management who committed "gross negligence"...It is not the board of directors that makes these decisions on health and safety. They delegate the task to middle and lower management. They are going to say the guy who got it wrong was not a senior manager "

A Labour regime that purports to be "tough on crime and tough on the causes of crime", exempts business from this treatment.

Voicing what the capitalist class thinks - and echoing the words of RD that the a central concern with any proposal which could mean stricter laws coming into force in Scotland, would scare businesses away , David Watt, director of the Institute of Directors in Scotland, said: "We don't have different company law across the UK. We don't want bits and pieces of company law pulled out and made more punitive in Scotland. We need all the incentives we can for people to do business here."

Private schools - only for the richer of us

Marx talks of how capitalism drives those professionals often vaguely called the middle class into the ranks of the proletariat so i note this story in the Herald .

Teachers, engineers, and police officers have been priced out of private education by a 40% rise in fees in just five years, according to the Bank of Scotland.
It now costs an average of £8247 every year to educate a child privately in Scotland compared with £6039 in 2002, and fees are now rising at twice the rate of inflation. Only prices for houses are growing faster. The average earner in a number of occupations, including engineers, journalists and teachers, can no longer afford private education for their offspring. average school fees were now only in the reach of 13 occupations, down from 23 in 2002.

Affordability was measured at a quarter of average earnings for the profession. So a scientist, earning an average of £37,290 a year, would have to give up an unaffordable 26% of his or her income to put one child through school for a year. But an architect, with an average income £42,224, would only be parting with a bearable 23% of their earnings.The professions that could afford fees were company directors, bank managers, accountants, production managers, IT professionals, doctors, pilots, senior police officers, lawyers, architects and customer care managers.

WORKED TO DEATH

We are all familiar with the old saw "hard work never killed anybody", but it just isn't true as can be seen from the following report."The number of people killed at work has risen to its highest level in five year, according to figures released by the Health and Safety Commision, whose strength has been cut by 1,000 over the same period. Of 241 fatalities in the last year compared with 217 the previous year, the greatest number, 77 - up 31% were on building sites. Sir Bill Callaghan, the HSE chair said the increase was disappointing. The TUC general ecretary Brendan Barber, said each death was preventable. "Increasing the likelihood of a visit from a safety inpector would make a real difference." (Guardian, 27 July) Why increase the expenditure on safety? It cuts profits and capitalism hates that! RD

Deaths increase at work

The number of people killed at work has risen to its highest level in five years, according to official figures released today by the Health and Safety Commission .
The figures show that 241 people died in the United Kingdom in the last financial year compared to 217 the previous year.
The largest number of fatalities was on building sites where 77 people were killed - up 31%.

Other high-fatality jobs are in agriculture, waste and recycling where there are large numbers of non-unionised, vulnerable labour, including many migrant workers.

Health and Safety Commission staff and inspectors have been cut by 1,000 .

Brendan Barber, the general secretary of the TUC, said:
"...ministers have refused to place a specific legal duty for health and safety on company directors, and, with less money than ever at its disposal, the HSE has had to cut its staff, including the number of its safety inspectors."

LOADS OF MONEY (2)

Sumner Redstone in capitalist terms is a very successful man. He is chairman of Viacom and CBS, a conglomerate that includes MTV, Paramount Picture and Comedy Central. He is reputed to be worth $8 billion, but such is the nature of this money-grubbing society he is hardly an enviable character. He has fallen out with his supposed heir, daughter Shari and is entangled in bitter legal wrangles with his son Brent and his nephew over inheritance rights. This 84 year old billionaire has sacrificed his whole life to the acquisition of more and more money to such an extent he has had a satellite dish fixed to the roof of his limousine so he can always be in touch with the stock market prices. This 84 year old can not hope to spend his billions yet spends his few remaining years trying to accumulate more. Capitalism is a crazy society and it makes people behave in a crazy fashion as can be seen from this press comment. "In his palatial home in Beverley Hills, he sits in his study ... watching the stock prices of his companies and, presumably, contemplating yet another round of legal action with a member of his family that could affect who succeeds him when he's gone." (Times, 25 July) RD

The old are getting poorer

And how does Capitalism treat the old ? Read here

The cost of living for the elderly is rising at more than twice the rate of other households, research shows today. People aged between 65 and 74 found that their annual expenditure increased by about nine per cent a year between 2002 and 2006, more than double the national average of four per cent . The situation is even worse for people over 75, who saw their cost of living soar by about 10 per cent a year during the same period.

The average pensioner income was increasing by only three per cent a year.

Who Owns the North Pole Part 5

Apologies for those readers of Socialist Courier who have no interest in the "Battle" to own the North Pole but since our last post we once again note recent developments .

Russia is sending a mini-submarine to explore the ocean floor below the North Pole and find evidence to support its claims to Arctic territory. Two parliamentarians are part of a team . The expedition's "flagship", the Akademik Fyodorov, will follow the trail of the ice-breaking ship Rossiya as it travels from Murmansk to the North Pole.

Melting ice in the Arctic has raised hopes of accessing energy reserves. Russia's claim to a vast swathe of territory in the Arctic, thought to contain oil, gas and mineral reserves, has been challenged by other powers .

"The Arctic is ours and we should demonstrate our presence," Mr Chilingarov , veteran explorer and now politician , told Russian TV.

Fancy a drink ?

The businessman's night out with friends started quietly enough with a £25 bottle of wine. It ended a few hours later with a bar bill for £105,805.
In between, the businessman and his circle of friends, which had swelled by closing time, had polished off 80 bottles of champagne, including a six-litre methuselah of Cristal worth £30,000 and a £9,600, three-litre jeroboam . The bill for champagne alone came to more than £80,000. One bottle of vodka cost £1,400.

The celebration took place at Crystal in Marylebone, central London, a nightclub launched with the help of Prince William and Prince Harry's friend Jacobi Anstruther-Gough-Calthorpe.
A favourite with the horsey set, its founding members include Lady Victoria Hervey and Tara Palmer-Tomkinson.

Consumed: one methuselah of Cristal (£30,000); two jeroboams of Cristal (£9,600), 36 bottles of Cristal (£12,960); six magnums of Dom Perignon (£4,200); 12 bottles of Dom Perignon Rose (£4,200); 15 bottles of Dom Perignon 1999 (£3,600), three magnums of Dom Perignon 1995 (£2,700) and four bottles of Cristal Rose (£2,400) and a nightcap of vodka, a Belvedere Methuselah, the equivalent of eight bottles.

I wonder if it was all tax deductable .

IS HUMAN NATURE A BARRIER?

One of the most common objections to socialism is that it is against human nature. Socialism is based on common ownership where everyone will work to the best of their ability and everyone will take according to their needs. "Impossible" claim our critics because it is human nature to be greedy and selfish. It is certainly true that inside a competitive society like capitalism people often behave in a selfish greedy fashion. This behaviour is conditioned by the society we live in, but even today human beings are capable of behaving in a cooperative fashion. For instance inside the USA the embodiment of capitalism we learn the following. "More than a quarter of Americans spent some of their time lending a helping hand last year. That good news kept the rate of nationwide volunteering at historically high levels: Some 61.2 million people dedicated 8.1 billion hours of service to schools; hospitals; and religious, political, and youth groups in 2006, according to the Corporation for National & Community Service (CNCS)." (Christian Science Monitor, 17 July) RD

THE CHOCOLATE WARS

We all know that capitalism is a crazy system based on competition and profit, so it comes as no surprise when we have wars over oil in the Middle East, over diamonds in Sierra Leone and timber in Liberia but now we have war over chocolate! "Government and rebel leaders of the world's leading cocoa exporter, Ivory Coast, both siphoned off millions of dollars from the cocoa industry to finance the 2002-03 civil war that divided the once-stable and prosperous country in two, according to a recent report from Global Witness, a London-based group that focuses on resource-fuelled corruption. The government received more than $58 million from institutions and cocoa revenues, while the rebel New Forces pocketed about $30 million since 2004 in taxes and revenues, claims the report titled "Hot Chocolate: How Cocoa fuelled the conflict in Côte d'Ivoire." ...Fighting here ended with the government of President Laurent Gbagbo in control of the south, where 90 percent of cocoa production takes place, and the rebel New Forces in charge of the north." (Christian Science Monitor, 17 July) Truly capitalism is a crazy system! RD

Rich Cars

When it comes to cars, the ultra-rich have never had it so good. More and more manufacturers are crafting ultra-expensive models for them, and the choice available to the plutocrat petrol head is greater than ever., reports the Independent

Last year alone saw Rolls-Royce launch its Phantom Drophead Coupe (yours for £250,000-ish), two new convertibles from Bentley (Azure or GTC, at £230,00 and £130,000 respectively), a brace of new Lamborghinis (£190,000 or so) and the Ferrari 599 Maranello (£172,000). In the next few months, customers can also put their names down for the new Mercedes McLaren SLR Roadster (£320,000) and the crazed Caparo T1 track car (£190,000) , the Maserati GranTurismo (a snip at £80,000) , the Aston Martin Vantage (£90,000) or Jaguar XK/R (£68,000).

* Maybach limousine Price tag: £267,000 Waiting list: Six months
* Rolls-Royce Phantom Drophead Coupe Price tag: £250,000 Waiting list: Five years
* Bentley Azure Price tag: £230,000 Waiting list: Four months
* Ferrari 599 Price tag: £180,000 Waiting list: Three years
* Bentley GTC Price tag: £130,000 Waiting list: One year
* Aston Martin Vantage Price tag: £90,000 Waiting list: One year

Crime figures

People of ethnic minority backgrounds in Scotland are more than twice as likely to be victims of crime as others, according to new police figures. One in 20 victims of crime are from ethnic minorities, despite the fact they make up just one in 50 of Scotland's total population.

men and women - equal rights

Equality between men and women in Scotland could take generations to achieve the Equal Opportunities Commission (EOC) reported . Their Completing the Revolution report said the part-time pay gap would take 30 years to close, and the full-time pay gap would take 20 years.Women working part-time are said to earn 34% less per hour than men working full-time, and women working full-time are said to earn 14% less than men. The gap between the sexes on flexible working - men are less likely to work flexibly, even though half of them want to work more flexibly - is unlikely to narrow without further action . And in the home, the "chores gap" will never close, with women still spending 78% more time than men on housework, said the report.

It is 30 years since the Equal Pay act became law.

Learn to be rich?

Coutts & Co becomes the latest private bank to launch a formal course designed to help an elite class of the young rich to manage their money.

Forty-five children of some of the bank's wealthiest clients and youthful self-made millionaires - including, it is rumoured, a child actor - will spend their days at Coutts' London headquarters learning how to look after their money. They will also be drilled in life skills of particular relevance to the young and rich, such as how to say no to friends looking for money to invest in harebrained schemes.

"If a friend comes to you saying, 'Give us twenty grand', you need to know how to do the due diligence on that," says Fiona Fenn Smith, head of strategic marketing at Coutts.

JPMorgan private bank, for example, has been running Next Generation programmes for many years. The bank operates in an even higher orbit of wealth than Coutts with clients needing a minimum of $25m (£12m). Their courses also cater for a slightly older group, ranging from 25 to 45 years old. It runs its schemes in glamorous locales around the world, including St Tropez and the Hotel de Russie in Rome.

Who Owns the North Pole Part 4

Socialist Courier is keenly following the story of which nation state will ultimately own or control the North Pole and have reported here , here and here about it . Time magazine has now shown an interest in the new developments that are following climate change and global warming in the Arctic Circle region .

Late last month, Moscow signaled its intentions to annex the entire North Pole, an area twice the size of France with Belgium and Switzerland thrown in — except all of it under water. The ice-frozen North Pole is currently a no man's land supervised by a U.N. Commission. The five Polar countries — Russia, the U.S., Canada, Norway and Denmark — each control only a 200-mile economic zone along their coasts. And none of these economic zones reach the North Pole. Under the current U.N. Maritime convention, one country's zone can be extended only if it can prove that the continental shelf into which it wishes to expand is a natural extension of its own territory, by showing that it shares a similar geological structure.
So, the Russians claimed a great scientific discovery late last month. An expedition of 50 scientists that spent 45 days aboard the Rossia nuclear ice-breaker found that an underwater ridge (the Lomonosov ridge) directly links Russia's Arctic coast to the North Pole. This, they insist, surely guarantees Russia's rights over a vast Polar territory that also happens to contain some 10 billion tons of oil and natural gas deposits.
Russia's first attempt to expand beyond its Arctic zone was rebuffed by the U.N. Commission on the Limits of the Continental Shelf, but Moscow hopes that its "latest scientific findings" will produce a different outcome when the Commission next meets, in 2009.
Moscow is also looking to restore control over a 47,000 sq. km (18,000 sq. mile) piece of the Bering Sea separating Alaska from Russian Chukotka. The territory was ceded to the U.S. in 1990 under the U.S.-Soviet Maritime Boundary Agreement signed by Secretary of State James Baker and Soviet Foreign Minister Eduard Shevardnadze. While the deal may have helped ease Cold War tensions, anti-reform Soviet hard-liners always opposed giving up a piece of territory rich in sea life and hydrocarbon deposits, and they and their nationalist successors prevented the agreement's ratification. Today, the Agreement still operates on a provisional basis, pending its ratification by the Russian parliament.
But what had once been a battle cry of the nationalist opposition has now become the official line. In recent weeks, Kremlin-controlled media have berated the Agreement as a treasonous act by Shervardnadze (who later became the pro-NATO President of Georgia). Now, leading pro-Kremlin members of the Russian legislature are publicly demanding that the Agreement be reviewed, with the aim of recovering the country's riches.

In May, U.S. Senator Richard Lugar told the Senate Foreign Relations Committee that Russia claiming the hydrocarbon-rich area would be to the detriment of U.S. interests.

Meanwhile here we read dispute Canadian claims to the North West Passage .

Whereas Prime Minister Harper asserts "Canada has a choice when it comes to defending our sovereignty over the Arctic. We either use it or lose it. And make no mistake, this government intends to use it ...It is no exaggeration to say that the need to assert our sovereignty and protect our territorial integrity in the North on our terms have never been more urgent...The ongoing discovery of the north's resource riches coupled with the potential impact of climate change has made the region a growing area of interest and concern," Harper said. "

America meantime describes the Northwest Passage as "neutral waters."

"It's an international channel for passage," U.S. Embassy spokesman Foster said .

As global warming melts the passage -- which now is only navigable during a slim window in the summer -- the waters are exposing unexplored resources such as oil, fishing stocks and minerals, and becoming an attractive shipping route. Commercial ships can shave off some 2,480 miles (3,990 kilometers) from Europe to Asia compared with current routes through the Panama Canal.

Canada also wants to assert its claim over Hans Island, which is at the eastern entrance to the Northwest Passage. The half-square-mile (0.8-kilometer) rock is wedged between Canada's Ellesmere Island and Danish-ruled Greenland .
In 1984, Denmark's minister for Greenland affairs, Tom Hoeyem, caused a stir when he flew in on a chartered helicopter, raised a Danish flag on the island.The dispute flared again two years ago when former Canadian Defense Minister Bill Graham set foot on the rock while Canadian troops hoisted the Maple Leaf flag.

Let us not be mistaken , many former allies have become rivals when natural resources become a bone of contention

NEW YORK, SAME OLD STORY

Politicians throughout the world at election time project the idea that they can solve the problems of capitalism and trust by the next election the promises will have been forgotten or they can blame some other cause for the problem. "It was a statement born of confidence and boldness. Mayor Michael R Bloomberg declared in 2004 that he would do what no mayor of his era had done: reduce the city’s homeless population by two-thirds by the time he left office. ....But despite a number of initiatives, including computer tracking and prevention programs, the population of homeless families, after dipping in 2005, reached its highest point in two decades in May." (New York Times, 22 July) RD