Tuesday, August 21, 2007

THE PRICE OF COAL

The emergence of China as a modern capitalist nation competing against more established nations has filled the media recently, but what is not so widely publicised is the cost levied on the Chinese working class. Most of the electricity produced there is from coal and the Chinese coal mines are amongst the most dangerous in the world. Production has more than doubled since 2000, but it has cost thousands of lives. This year alone we have 29 miners killed in Inner Mongolia, 24 killed in a fire in Henan and 26 killed in an explosion in the Yujialing coal mine. Now we have an even worse disaster. "Frantic relatives of 181 Chinese miners trapped by flash floods hundreds of metres underground scuffled with security force yesterday as they criticised rescue efforts.... Earlier, the chief rescue officer, Zhu Wenyu, was reported by state media as saying; "I'd guess that the miners down the shaft have no hope of survival." (Times, 20 August) RD

For those who have too much


Royal Bank of Scotland has awarded millions of potentially lucrative share options to top executives under a controversial new bonus plan a report in The Herald says .


Chief executive Sir Fred Goodwin, head of corporate markets Johnny Cameron, and Larry Fish, head of US subsidiary Citizens, are among the major beneficiaries. The scheme could see executives including Goodwin gain three times their basic salary - which in his case would amount to £3.6 million. Goodwin was granted options over nearly 700,000 shares. Cameron was granted options over 374,332 shares and Fish over 523,640 shares. Finance director Guy Whittaker and retail markets chief Gordon Pell also received big awards.


RBS announced to the stock market yesterday that it had granted options to 15 senior executives which will vest between 2010 and 2017 at an exercise price of 561p, a level which some might view as low by recent standards. RBS shares closed up 1.5p at 577p last night, but were until recently trading well above £6. RBS did not respond to a request for comment on how it had arrived at the apparently low exercise price.

Monday, August 20, 2007

AND THOSE WHO HAVE NOTHING

The contrast between those who have everything and those who have nothing is summed up by this news item. "For 15-year-old Issa, days of summer start when the sun rises over a northern Israeli hill, shining on a garbage dump, a thorny field and then the dirty mattress that is his bed. Issa is among hundreds of Palestinian child labourers who sneak into Israel from the West Bank, hawking or begging at traffic junctions. Israel's massive barrier of walls and fences separating it from the West Bank has made it harder for adult labourers to enter Israel, so families wracked by poverty are increasingly sending their children instead. Children as young as 3 stand at traffic lights for hours, in rain or baking sun. They beg for change or sell cigarette lighters and batteries. At night, they sleep in fields, cemeteries, mosques, drainage canals or on streets. Their earnings are often taken by thieves or shady middlemen, and some are sexually abused or forced to sell drugs." (Yahoo News, 18 August) RD

FOR THE MAN WHO HAS EVERYTHING (2)

Another example of how the rich indulge themelves. "A classic Ferrari once owned by Steve McQueen sold for $2.31 million Thursday night at auction. An anonymous car collector who placed a bid by phone bought the 1963 Ferrari Berlinetta Lusso during an auction that drew 800 people to the Monterey Jet Center and attracted spirited bidding, said Christie's spokesman Rik Pike. The sale price was greater than the estimated pre-sale price of $800,000 to $1.2 million, Pike said. (Yahoo News, 17 August) RD

FOR THE MAN WHO HAS EVERYTHING

"Want the right wristwatch to go with that new $88,000 Vertu phone on your belt? Check out this platinum watch from Swiss timepiece-maker Ulysse Nardin, a one of a kind (or rather, 99 of a kind) gem that gives you a UFO's-eye view of the Earth—all for the bargain price of $100,000. No, it's not encrusted with jewels and it doesn't do Bluetooth, but the Tellurium J. Kepler Limited Edition watch (only 99 were made) has something you won't find on your everyday Timex: a rotating representation of the globe as it might be seen from above the North Pole, complete with a flexible spring representing the terminator between day and night, plus a perpetual calendar that makes a complete rotation once a year." (Yahoo Tech, 17 August) There is surely something sick about a society that cannot even provide food and clean water for millions of people yet can indulge the rich with such nonsense. RD

THE CORRUPT SOCIETY

Capitalism tarnishes everything it touches. Recently we have had the sporting world shocked with tales of cycling drug cheats, football managers and "bungs" and now we have basketball entering the rogues’ gallery. "American sport was rocked yesterday when a leading basketball referee pleaded guilty to passing betting tips to professional gamblers, after an FBI operation linked to the Gambino Mafia family. Tim Donaghy also admitted placing bets on games over which he officiated, in what the head of the National Basketball Association (NBA) described as the the "worst situation" he had ever experienced for the sport." (Times, 17 August) RD

Sunday, August 19, 2007

Keeping up with the Joneskys

A new conservatory ...some decking in the back garden ...perhaps an attic conversion to have an extra room for the kids ...well for some of us that will be a worth-while achievement , but for the capitalist class , its underground tennis courts and three story car parks .

The Times reports that with 15 bedrooms, vast entertaining suites and exquisite plasterwork, 15 Kensington Palace Gardens was one of the most expensive – and exclusive – houses ever to have changed hands in London when it was bought by Leonard Blavatnik, a Russian-born oil tycoon, for £41m in 2004. Yet all that opulence is clearly not enough for Blavatnik . According to plans submitted this summer to Kensington and Chelsea council, the tycoon, who has relocated to London, is seeking permission to excavate under the garden, to the front and rear of the sprawling pile, making space for a three-storey garage with car stacker, a swimming pool, a gym and a private home cinema.

Russian oligarchs, private-equity traders and hedge-fund managers are engaged in a multimillion-pound game of one-upmanship as they vie with each other to dig ever bigger, wider and deeper extensions. Behind the white stucco fronts and redbrick exteriors of Belgravia and Chelsea, London’s super-rich are digging down and building outwards and upwards .

The latest must-have feature is an adjustable-height swimming pool. At the flick of a button – because everything is remote-controlled – the bottom can be raised or lowered by a giant hydraulic jack, forming a deep swimming pool for the heavyweight millionaire or a toddler-friendly paddling pool for his offspring. Optional extras include a retractable glass roof or a discreet cover that will slide over the pool, creating a ballroom or banqueting hall. It doesn’t have to be modern or minimal – one house in Mayfair has a Roman-style pool, complete with columns.

“London is awash with money,” says Robin Ellis , known in the trade as “London’s poshest builder”, “Vast tracts of London are being dug up to create sub-basements,” he adds. “My clients are prepared to pay to create houses that push all the boundaries of luxury and technology. I’ve put in a swimming pool with a cover that rose, concertina-style, up and over the water to convert the space into a private concert hall, with seating for 100.”

It is all reminiscent of the mercantile extravagance of 15th-century Venice or the wild opulence of the reign of Louis XIV. London now has more billionaires then anywhere else in the world after New York and Moscow .

Few can compete with Chris Rokos, a secretive hedge-fund tycoon. The lavish plans for his eight-bedroom house in Notting Hill, submitted to the planners this month, include a gym, a home cinema, library, a third-floor open-air pool, an internal climbing wall, a subterranean garage with motorised lift for two cars and an 80ft-tall glass atrium. As if that’s not enough, Rokos, 36, plans to dig four storeys below ground to create a 16ft-deep swimming pool with high board.

“When they go round the houses of all of their mates who have done something, they want to do it better – money is no object,” says Jonathan Hewlett, head of London sales at Savills estate agency.

For example, Gibson Music, multi-audio specialists who have been hard-wiring homes for more than 20 years, have just put in £250,000 worth of technology by Creston, which specialises in top-of-the-range control systems. Other extravagant features recently demanded by clients include a vanity unit for 2,100 lipsticks; a glass-fronted, temperature-controlled wine cellar, complete with fibreoptic lighting and carved macassar ebony shelves, to hold 4,000 bottles; walk-in showers with waterproof television screens and glass walls that turn opaque with the press of a button, and cost £1,000 per square metre.

And there was some of us thinking we would be the bees knees with a 42-inch plasma screen tv , too

Friday, August 17, 2007

YOUR FUTURE

All those workers who claim that capitalism is not only the only possible society but also a wonderful one should pay attention to a recent government report. "Vulnerable elderly people are being subjected to neglect, abuse, discrimination and ill-treatment in the hospitals and care homes that should be looking after them, according to a report published today by a parliamentary committee. The study by the joint committee on human rights warns that many older people are facing maltreatment ranging from physical neglect so severe they are left lying in their own faeces or urine to malnutrition and dehydration through lack of help with eating. Lack of dignity, especially for personal care needs, inappropriate medication designed more to subdue patients than treat them, and over-hasty discharge from hospital are also causing suffering for many older people, the MPs and peers conclude." (Guardian, 15 August) You have a nice future inside capitalism, don't you? RD

ILLUSION AND REALITY

Many people imagine that with retirement comes a pleasant period in a hard-working life. Alas, the reality is far from idyllic for many workers. "Pensioners are burdened with debts of £57 billion from mortgages and credit cards, new figures show. One fifth of retired people are still paying off a mortgage and a third owes an average of £5,900 on credit cards and loans, says Scottish Widows, the insurer. The 11 million pensioners who are still making repayments owe an average of £38,000 on their homes, compared with £35,000 last year. One in eight owes more than £50,000." (Times, 13 August) RD

Scotland's poor , again

The Daily Record carries a report from the children's charity NCH Scotland on Scotland's poor .

More than 100,000 lone parent families in Scotland are trying to live on less than £15,000 a year, and more than 50,000 have to scrape by on less than £10,000.
162,000 lone parents in Scotland, bringing up around 280,000 children. Two thirds of all teenage mums are lone parents.

Lone parents are more likely to fall ill, and a quarter of them - more than 40,000 - admit they are struggling to cope with emotional problems.

Crime is a growing problem among poor kids from all family backgrounds. A record-breaking 53,883 youngsters were reported to the Children's Panel in 2005-6. The number of pre-school children in Scotland requiring "care and protection" has increased four-fold in the past decade - up from 2995 in 1996 to 11,975 last year. Almost half of the children included in the 2006 figures lived in lone parent families.
Scottish girls are among the most violent on Earth. They came sixth in an international league table of violence, with almost a third of 11-15-year-olds involved in at least one fight in the past year.
And the lives of no fewer than 100,000 Scottish children are blighted by their parents' abuse of alcohol. Scotland has one of the highest youth unemployment rates in the developed world.

Director of children's services for NCH Scotland, said : "Having a poor start in life is condemning far too many of our young people to a life of difficulty and disadvantage."

What a waste and what a depressing life youth of to-day have . Imagine if all that energy and creativity of young people was not bent on self-destruction , if all those single parents were not exiled to a life of alienated isolation and lonliness on council schemes , and all had their attentions turned to solving the World's desperate problems.

Thursday, August 16, 2007

Migrants ‘go home for medical needs’

One of the myths about the arrival of foreign workers is that they are a drain on the British Welfare State .

However when it comes to using the NHS , according to this report , a study reveals that the majority of migrant workers who have experienced health care systems in Scotland perceive the medical services in their own countries to be generally of better quality. Most migrants from the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia preferred to return home for treatment of non-acute medical problems, as well as dental care and visits to opticians.

Wednesday, August 15, 2007

Voluntourism

Young people would be better off travelling the world than taking part in "spurious" overseas gap-year aid projects said Voluntary Service Overseas (VSO).

" Young people want to make a difference but they would be better off travelling and experiencing different cultures, rather than wasting time on projects that have no impact and can leave a big hole in their wallet." - Judith Brodie , Director of VSO


"voluntourism" often cost students thousands of pounds and did nothing to help developing countries. The gap-year industry catered for the needs of participants rather than those they claimed to help . VSO said projects offered to students taking a year off were often badly planned and could have a negative impact on participants and the communities they worked with.

"...we are increasingly concerned about the number of badly planned and supported schemes that are spurious - ultimately benefiting no one apart from the travel companies that organise them," said Judith Brodie.

In June, VSO warned "consumer-driven volunteer tourism" was jeopardising the charity's development work in countries most in need. People were increasingly approaching the organisation about volunteering "as if it was a holiday" .
And last year VSO said gap-year programmes risked becoming "outdated and colonial" by focusing on how UK youngsters could help poor communities, rather than what they could learn from them.

Monday, August 13, 2007

Gun for Hire

Two British-run private military security firms have been paid £274 million over the past three years to provide mercenary guards for US Army engineers working on reconstruction projects in Iraq. The firms, Aegis Defence Services and Erinys Iraq, are now at the centre of a row over streamlining the spiralling cost of "hired guns" in a war zone . Between them, Aegis and Erinys employ up to 2000 men, many of them former British soldiers . The Pentagon estimates that at least 20,000 former soldiers from Britain, the US, Eastern Europe, Fiji and Nepal are working for private mercenary firms in Iraq.

"To pay a man or woman to come over to Iraq, put on body armour every day, and escort military personnel and civilians around knowing that people want to blow them up and kill them, you have to meet the asking price," said Colonel Douglas Gorgoni, the senior finance officer of the US Corps of Engineers .

Socialist Courier says that there is no price worth asking for if it means killing your fellow workers .

Holidays

The UK will still be at the bottom of the European Union league for holidays even after workers are given new rights to paid leave, according to a report published today.

UK workers are entitled to a minimum of 20 days but if companies include the eight bank holidays in this figure, they are in effect giving staff only 12 days. A study by Incomes Data Services (IDS) showed that workers in other EU countries had more holidays, with Germany topping the league at 39 days a year, including public holidays, followed by Austria , 38, Sweden, 36, Slovakia, Luxembourg and France, 35, Portugal, 34, the Czech Republic and Slovenia, 33, Italy, Spain and Greece, 32 and Poland and Finland, 31 days .

Minimum entitlement in this country is to increase in two stages to 28 days by April 2009 under government moves to stop firms counting public holidays in workers' annual leave. IDS said that even after the changes, the UK would still be joint bottom of the EU league table for holidays. with the Netherlands.

Olympic Misery

According to the Olympic Charter, established by Pierre de Coubertin, the goal of the Olympic Movement is to contribute to building a peaceful and better world yet The Independent is reporting about the human cost of the upcoming Beijing Games .

Many people have been forcibly resettled in the transformation of Beijing, which has seen ancient courtyard houses and hutong alleys demolished by unscrupulous developers, some in league with corrupt officials, eager for profit.
The Geneva-based Centre on Housing Rights and Evictions reckons 1.5 million people will have been relocated for Olympics- related projects. Government estimates put the figure at just over 6,000. A strange discrepency of figures .

Most are moved to new tower blocks on the city outskirts, and they complain about the lack of community feeling - as well as the lengthy commute to their jobs in the city.

Sunday, August 12, 2007

A TOWN CALLED MALICE

In the 1950s Nevil Shute wrote a novel that was so successful that it was adopted as a film. In the novel the main character is astounded by the beauty of the town. No one would have that view of the place today. "But the life of Noel Ross could barely be more removed from the gentle, hopeful Alice seen by Shute in the 1950s – a place that so reminded his character Jean Paget, in A Town Like Alice, of the lovely England that she had left. Ms Ross, an Aboriginal woman in her fifties, has lived for the past four years in the shell of a wrecked Ford in one of Alice’s black enclaves, ... She has only a sullen dog as a companion and no shield from the alcohol-fuelled violence of Alice’s black enclaves. Last month the town of 60,000 was named the stabbing capital of the world. It also claims the highest murder rate and highest consumption of alcohol in Australia." (Times, 11 August) The expansion of capitalism decimated the population of the Scottish Highlands, wiped out the culture of the native Americans and has wrecked the lives of the Australian aborigines. RD

POVERTY KILLS

Socialists are always pointing out that capitalism creates poverty that in turn leads to starvation, crime and death; but a recent news item from Manilla illustrates that the poverty that leads to desperation also can result in death. " A Second World War mortar shell found by fishermen on the seashore exploded in the Philippines yesterday, killing four men and wounding two. The 81mm shell blew up when they tried to saw it to pieces to sell to scrap metal dealers." (Times, 11 August) Capitalism is a desperate society, it often leads to desperate outcomes. RD

Friday, August 10, 2007

Who owns the North Pole , Part 7

Not to be left out for this scramble for control of the Arctic regions , Danish researchers plan to set sail for the North Pole on Sunday to collect geological data, on a mission similar to the recent Russian one .

The month-long Danish expedition will study the Lomonosov Ridge. Russia believes the underwater feature is linked to its territory. Denmark , however , will investigate the ridge to see if it is geologically connected to Greenland which is a Danish territory.
The team plans to collect bathymetric, gravity and seismic data to map the seabed under the ice, according to a Danish science and technology ministry statement on the expedition.

"The preliminary investigations done so far are very promising," Denmark's minister of science, technology and innovation said "There are things suggesting that Denmark could be given the North Pole."

We will be collecting data for a possible (sovereignty) demand," expedition leader Marcussen said.

In Ottawa, the Danish ambassador to Canada, Poul Kristensen stated "it's no secret that Denmark, on behalf of Greenland" has interests in the Arctic and "of course, potentially, we can make claims."

Now the Danes - still at odds with Canada over the ownership of tiny Hans Island in the boundary waters between Ellesmere Island and Danish-controlled Greenland - are again pressing their claims to the potentially lucrative seafloor area around the North Pole.
Kristensen said Friday that "we are speaking of values in the billions" when it comes to potential Arctic oil, "and therefore the area, of course, is of interest to us."

Prime Minister Harper announced Canada will install a new army training center and a deep water port. Canada will build two new military facilities in the Arctic in a move to assert sovereignty over the contested region . Resolute Bay will be home to a new army training center for cold-weather fighting . The new deep sea port will be built for navy and civilian purposes on the north end of Baffin Island, in the abandoned old zinc-mining village of Nanisivik. Harper also announced the 4,100-member Canadian Rangers patrol will be increased by another 900 members. He stood alongside Defense Minister Gordon O'Connor and a group of Rangers — a rifle-toting, Inuit volunteer force.

"Protecting national sovereignty, the integrity of our borders, is the first and foremost responsibility of a national government, a responsibility which has too often been neglected," Harper said,


The North Pole seabed is not currently regarded as part of any single country's territory and is governed instead by complex international agreements. But for how much longer , we wonder . We also note that all this scientific investigation is not to further scienctific knowledge in geography and geology but to further business and commercial interests . Science becomes mercenary . Instead of acting in the interests of humanity , it represents the pecuniary interests of nation states .

Old and out of the way

Just how society treats our elderly is becoming cruelly more and more apparent . We had this report , a 108 year old woman having to wait a year and half for a hearing aid to improve the quality of her short remaining life and now we read about this care home evicting an 103 year old woman because she is requiring too much care , or so they say , in a squabble over how much she has to pay for the nursing care . Abbeymoor's owner, Mark Sutters, told the Nottingham Evening Post that the home could not continue to "subsidise" Mrs Collins's care.

Local authority and care services minister Ivan Lewis said " I am deeply concerned at the attempt by the home owner to use Mrs Collins as a pawn in a funding dispute. Whatever the difficulties, such treatment of a 103-year-old cannot be tolerated in a modern care system which has dignity and respect for older people at its heart."

Esme Collins was told to leave after 10 years at Abbeymoor nursing home in Worksop, because its owners refused to back down in a dispute over funding her care.

Age Concern has campaigned for the closing of a legal loophole that left the pensioner without the protection of human rights legislation.
"Forcing an older person to leave their care home can have a devastating impact on their physical and emotional health. We urge the government to act quickly to give the protection of the Human Rights Act to people living in private care homes to help prevent such situations."

Socialist Courier fully sympathises with such sentiments but to be perfectly blunt , it is just one very small example of the heartless nature of a society where everything has a price , even life and everything is valued in prices , even people . Events such as this will not stop until capitalism is superceded by a truly caring , sharing society such as Socialism

CAPITALIST CON GAMES

In 2004 Coca-Cola withdrew their bottled water Dansant in Briain when the press exposed it as merely tap water, although the revelation that some of it had become contaminated may have had something to do with the decision. Now a rival brand in the USA has also been exposed. "Last week PepsiCo announced that the label on its Aquafina brand of bottled water will soon carry the words "public water source", instead of the innocent looking "p.w.s". That's right: Aquafina is to all intents and purposes tap water. Coca-Cola is under pressure to follow suit with its Dansani brand, though so far it is refusing to do so. (Economist, 4 August) Full article is available at www.economist.com/businessview RD