While the Virgin Rail passengers face nine per cent fare increases ( an average of 4.8 per cent from Jan 6, with first class passengers facing rises of nine per cent) and some of the worst delays in the country (In its worst performing year in 2002, just 73.6 per cent of West Coast trains ,London to Glasgow, and 62.5 per cent of Cross-Country trains , Cornwall to Aberdeen, arrived within 10 minutes of the scheduled arrival time) , Richard Branson pocketed a £24 million dividend from Virgin Rail . The West Coast and Cross Country lines, have received more than £1 billion in subsidies from the Government since he took over the route in 1997.
Richard Murphy, the director of Tax Research, an independent consultancy firm, said: "He's stripping the company of cash while saying at the same time, 'I need more public subsidy'."
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
Monday, December 24, 2007
Sunday, December 23, 2007
Minimum Wages - Maximum Exploitation
Thousands of workers are being short-changed by firms who refuse to pay the national minimum wage, the TUC found .
Around 150,000 staff are being denied rate of £5.52 an hour for adults and £4.60 for 18 to 21-year-olds, it says. Those in restaurants, hotels, cleaning, hairdressing and childcare were said to be the most likely to be underpaid.
TUC general secretary Brendan Barber said: "There should be no hiding place for bosses who are deliberately cheating their workers out of the minimum wage."
Socialist Courier will go further and say all wages and wage labour is theft . That it is slavery . Within capitalism , the fight to improve wages is indispensible but workers should take the next step - campaign to abolish wages .
Around 150,000 staff are being denied rate of £5.52 an hour for adults and £4.60 for 18 to 21-year-olds, it says. Those in restaurants, hotels, cleaning, hairdressing and childcare were said to be the most likely to be underpaid.
TUC general secretary Brendan Barber said: "There should be no hiding place for bosses who are deliberately cheating their workers out of the minimum wage."
Socialist Courier will go further and say all wages and wage labour is theft . That it is slavery . Within capitalism , the fight to improve wages is indispensible but workers should take the next step - campaign to abolish wages .
Ernest Belfort Bax - A Socialist Thinker
Another of Darren's uploads of Stephen Coleman's talks which can be down-loaded here .
This lecture is about the 19th Century Socialist thinker Ernest Belfort Bax .
This lecture is about the 19th Century Socialist thinker Ernest Belfort Bax .
Saturday, December 22, 2007
The property ladder
Research by the Bank of Scotland, found that young people faced a financial struggle to own property, with the average price paid by first-time buyers soaring 113% from £57,929 in 2002 to £123,213 this year. With the threshold set at £125,000, many first-time buyers paying more than the average price of £123,213 will have to find an extra 1% of their property price on stamp duty.
The average property is now out of reach of first-time buyers in 95% of places, according to the fifth annual First Time Buyer Review. Edinburgh and Helensburgh are the least affordable places for first-time buyers and properties there are 8.2 and 7.5 times the average income of a first-time buyer household. The deposit required by first-time buyers has soared 238% since 2002 and the average amount put down for a first property in Scotland is £25,951 - 95% of an average full-time worker's salary. Five years ago it was only 35% of an average worker's full-time earnings.
"It is beyond the reach of people who are earning between £12,000 and £16,000 a year to save up for that kind of deposit. " Peter Kelly, director of the Poverty Alliance said. "People are putting themselves in more risky positions and it will be people who are on the low end of the income scale who will pay the price for that."
Housing charity Shelter Scotland said that an additional 30,000 affordable rented homes, not including general housebuilding, were needed by 2011. It said that more than 200,000 people were on waiting lists and 9000 households were in temporary accommodation in March this year.
For a socialist take on housing read Building Profits Versus Building Houses
And for a more recent article on the house property price bubble read here
Nor should we think of the lack of shelter as just a Scottish problem , of course .
A man, believed to be in his sixties, was found dead on a wooden pallet in the Place de la Concorde in the heart of Paris victims of homelessness and the cold . Another man, 62, was found dead in his car in Vanves, just west of the capital. The deaths have provoked new quarrels over the alleged failure of successive governments to provide lodgings for France's alleged 200,000 homeless people. One pressure group, Les Morts de la Rue (the dead on the street), claimed that at least 200 people, between 18 and 80, had died prematurely while sleeping rough in France in the past 12 months.
Jean-Paul Bolufer, the head of the private office of the Housing minister, Christine Boutin , said last month that it was "scandalous" that some relatively wealthy people lived in subsidised, publicly owned housing while others lived on the streets. a newspaper revealed that he was paying 1,200 Euros (£870) a month rent – a quarter of the market price – for a 190 square metre apartment in an upmarket area of the Left Bank. There were at "least 200,000" other well-off people living in subsidised flats in Paris, he said.
The average property is now out of reach of first-time buyers in 95% of places, according to the fifth annual First Time Buyer Review. Edinburgh and Helensburgh are the least affordable places for first-time buyers and properties there are 8.2 and 7.5 times the average income of a first-time buyer household. The deposit required by first-time buyers has soared 238% since 2002 and the average amount put down for a first property in Scotland is £25,951 - 95% of an average full-time worker's salary. Five years ago it was only 35% of an average worker's full-time earnings.
"It is beyond the reach of people who are earning between £12,000 and £16,000 a year to save up for that kind of deposit. " Peter Kelly, director of the Poverty Alliance said. "People are putting themselves in more risky positions and it will be people who are on the low end of the income scale who will pay the price for that."
Housing charity Shelter Scotland said that an additional 30,000 affordable rented homes, not including general housebuilding, were needed by 2011. It said that more than 200,000 people were on waiting lists and 9000 households were in temporary accommodation in March this year.
For a socialist take on housing read Building Profits Versus Building Houses
And for a more recent article on the house property price bubble read here
Nor should we think of the lack of shelter as just a Scottish problem , of course .
A man, believed to be in his sixties, was found dead on a wooden pallet in the Place de la Concorde in the heart of Paris victims of homelessness and the cold . Another man, 62, was found dead in his car in Vanves, just west of the capital. The deaths have provoked new quarrels over the alleged failure of successive governments to provide lodgings for France's alleged 200,000 homeless people. One pressure group, Les Morts de la Rue (the dead on the street), claimed that at least 200 people, between 18 and 80, had died prematurely while sleeping rough in France in the past 12 months.
Jean-Paul Bolufer, the head of the private office of the Housing minister, Christine Boutin , said last month that it was "scandalous" that some relatively wealthy people lived in subsidised, publicly owned housing while others lived on the streets. a newspaper revealed that he was paying 1,200 Euros (£870) a month rent – a quarter of the market price – for a 190 square metre apartment in an upmarket area of the Left Bank. There were at "least 200,000" other well-off people living in subsidised flats in Paris, he said.
The Price of Learning
The principal of Glasgow University accepted a £23,000 pay rise in the past year - an increase of more than five times the rate of inflation. The 11% increase brings Sir Muir Russell's salary and pensions benefits to some £234,000 a year at a time when the rest of the university's staff have been given increases of just 4%. Last year's university accounts show the level of Sir Muir's remuneration package jumped from £184,000 in 2004-05 to £211,000 in the last financial year - a 15% rise. As part of his pension arrangements from his career in the civil service, Sir Muir, 59, will pocket a one-off payment of £215,000 when he turns 60.
He can also expect to have an annual pension of £65,000 waiting for him at age 65.
The latest increase is likely to make Sir Muir one of the highest-paid principals in the country, depending on the increases enjoyed by other university leaders which have not yet been revealed. Last year, the highest-paid principals in Scotland were Professor Duncan Rice from Aberdeen University (£215,000), Dr Brian Lang from St Andrews (£209,000), and Sir Alan Langlands from Dundee (£202,000).
"There is a growing feeling that universities are being turned into businesses in which the collegiality on which their past successes have depended is abandoned and senior managers are paid inflated salaries to get as much as possible out of their junior employees for as little reward as possible." - Terry Brotherstone, who is president of the lecturers' union UCU Scotland
He can also expect to have an annual pension of £65,000 waiting for him at age 65.
The latest increase is likely to make Sir Muir one of the highest-paid principals in the country, depending on the increases enjoyed by other university leaders which have not yet been revealed. Last year, the highest-paid principals in Scotland were Professor Duncan Rice from Aberdeen University (£215,000), Dr Brian Lang from St Andrews (£209,000), and Sir Alan Langlands from Dundee (£202,000).
"There is a growing feeling that universities are being turned into businesses in which the collegiality on which their past successes have depended is abandoned and senior managers are paid inflated salaries to get as much as possible out of their junior employees for as little reward as possible." - Terry Brotherstone, who is president of the lecturers' union UCU Scotland
Karl Kautsky
Once more the Inveresk Street Ingrate blogger has uploaded a Stephen Coleman talk on socialist thinkers , which can be downloaded via the link here .
The subject is Karl Kautsky and the Socialist Critique of Religion
Friday, December 21, 2007
WITH FRIENDS LIKE THESE ...
"Major General Graham Binns, who led British troops into the city in 2003, said the province had "begun to regain its strength". He added: "I came to rid Basra of its enemies and I now formally hand Basra back to its friends." So that is a job well done.
Is it? Hardly when you look at the facts.
"The full scale of the chaos left behind by British forces in Basra was revealed yesterday as the city's police chief described a province in the grip of well-armed militias strong enough to overpower security forces and brutal enough to behead women considered not sufficiently Islamic. As British forces finally handed over security in Basra province, marking the end of 4½ years of control in southern Iraq, Major General Jalil Khalaf, the new police commander, said the occupation had left him with a situation close to mayhem. "They left me militia, they left me gangsters, and they left me all the troubles in the world," he said in an interview for Guardian Films and ITV. Khalaf painted a very different picture from that of British officials who, while acknowledging problems in southern Iraq, said yesterday's handover at Basra airbase was timely and appropriate”. (Guardian, 17 December) RD
Is it? Hardly when you look at the facts.
"The full scale of the chaos left behind by British forces in Basra was revealed yesterday as the city's police chief described a province in the grip of well-armed militias strong enough to overpower security forces and brutal enough to behead women considered not sufficiently Islamic. As British forces finally handed over security in Basra province, marking the end of 4½ years of control in southern Iraq, Major General Jalil Khalaf, the new police commander, said the occupation had left him with a situation close to mayhem. "They left me militia, they left me gangsters, and they left me all the troubles in the world," he said in an interview for Guardian Films and ITV. Khalaf painted a very different picture from that of British officials who, while acknowledging problems in southern Iraq, said yesterday's handover at Basra airbase was timely and appropriate”. (Guardian, 17 December) RD
THIS IS "COMING GOOD"?
"Is it possible that after four and six years respectively, the American-led wars in Iraq and Afghanistan are at last beginning to come good? Our reports this week from the front-lines of both wars suggest that the answer to that question should be a guarded yes. In Iraq General David Petraeus's “surge” and a Sunni backlash against al-Qaeda have sharply reduced the killing. It is true that more than 20 civilians are still killed on an average day, but it was not uncommon a year ago to find as many as 100 corpses at dawn. In Afghanistan the yes is more tentative. Violence is spreading and suicide-bombings, less frequent now in Iraq, are taking a rising toll. ... The war in Iraq has taken a much greater toll of American lives—some 4,000, compared with about 500 in Afghanistan. (Economist, 15 December)
Capitalism has a strange set of values when 20 civilian corpses a day and 4,500 US soldier dead is looked upon as "coming good". RD
Capitalism has a strange set of values when 20 civilian corpses a day and 4,500 US soldier dead is looked upon as "coming good". RD
HEROISM AND REALITY
"The parents of an Iraq war veteran who committed suicide and members of Congress on Wednesday questioned why there's not a comprehensive tracking system of suicide among Iraq and Afghanistan veterans. Mike Bowman, of Forreston, Ill., said his son, Spc. Timothy Bowman, 23, is a member of the "unknown fallen" not counted in statistics. His son, a member of the Illinois National Guard, took his own life in 2005 eight months after returning from war. Bowman said he considers his son a "KBA" — killed because of action. ,, Awareness of suicide among Iraq and Afghanistan veterans was heightened earlier this year when the Army said its suicide rate in 2006 rose to 17.3 per 100,000 troops — the highest level in 26 years of record-keeping. The Department of Veterans Affairs tracks the number of Iraq and Afghanistan veterans who commit suicide, but only if they have been discharged from the military." (Yahoo News, 13 December)
Bowman's parents may be puzzled about the lack of information of veterans' suicide, but it isn't hard to figure that such statistics would hardly help recruiting efforts. RD
Bowman's parents may be puzzled about the lack of information of veterans' suicide, but it isn't hard to figure that such statistics would hardly help recruiting efforts. RD
Thursday, December 20, 2007
AMERICAN NIGHTMARE (2)
"More people are requesting emergency food aid and more homeless families with children are seeking shelter, concludes a 23-city survey released Monday by the U.S. Conference of Mayors. Four of five cities say requests for food aid rose an average of 12% from the previous year, according to the survey for the period covering November 2006 through October 2007. Most cities had reported a jump in such requests the prior year as well. Ten of 14 cities with data on homeless families say more families with children sought emergency shelter and transitional housing. About half of the cities say their overall homeless problem increased. Collectively, the cities report giving shelter to 193,183 people." (USA Today, 17 December) RD
AMERICAN NIGHTMARE
The so-called American dream wherein once poor immigrants became wealthy is turning out to be a nightmare for many American workers.
"The current deflation of home prices is changing America. It's a real estate storm that made landfall like a slow-moving Gulf Coast hurricane here in south Florida and in other once-booming housing markets last year. In recent months it has gathered momentum and spread, shaping up to become perhaps the worst home-price slump since the 1920s and '30s. The bust promises to have lasting effects. Among them: It is defining the limits, for now, of what President Bush has called the "ownership society." A surging foreclosure rate means that the rate of homeownership, after a historic rise, is falling." (Yahoo News, 10 December) RD
"The current deflation of home prices is changing America. It's a real estate storm that made landfall like a slow-moving Gulf Coast hurricane here in south Florida and in other once-booming housing markets last year. In recent months it has gathered momentum and spread, shaping up to become perhaps the worst home-price slump since the 1920s and '30s. The bust promises to have lasting effects. Among them: It is defining the limits, for now, of what President Bush has called the "ownership society." A surging foreclosure rate means that the rate of homeownership, after a historic rise, is falling." (Yahoo News, 10 December) RD
Some Socialist Theory
Another audio file of the Socialist Thinkers series can be found at Darren's blog .
This time it is the Russian Marxist George Plekhanov and the Materialist Conception of History .
And once again the speaker is Stephen Coleman .
Capitalist Charity
Clive Cowdery, chairman of Resolution , announced yesterday that he planned to sell some or all of his holding and would transfer around £20 million to a new charity The Resolution Trust. The trust will ensure continued funding for the work of Cowdery's financial education project The Resolution Foundation .
The £5 billion sale to Pearl of the group he founded netted him a personal £150 million . Cowdery's stake grew in value by some £25 million in the few weeks between him announcing a merger with Friends Provident, with Resolution shares at 616p, and selling to rival Hugh Osmond of Pearl for 720p, thanks partly to sparking a bidding war between Pearl and Standard Life. So he can well afford to be generous with his philanthropic gestures . And what , pray we ask , is this charitable institution he is financing .
The Resolution Foundation is an independent research and policy organisation formed in September 2005 to study "how people on low to moderate incomes fair in the mixed welfare economy" with a particular interest in promoting increased social mobility. The foundation's first project was the forerunner of the government's review chaired by Aegon UK chief executive Otto Thoresen into the creation of a national advice service dispensing "generic" financial guidance. It commissioned a study from McKinsey and Deloitte, whose proposed model "led to extensive lobbying on the benefits to individuals and the nation", the foundation said. It is now embarking on a new project, "to promote a fair and efficient supply of elderly care, with a focus on people on low to moderate incomes".
Forgive my ignorance , but doesn't all that just add up to a fancy way of saying it does market research and offer financial advice for investment funds ? Tax-free , of course .
The £5 billion sale to Pearl of the group he founded netted him a personal £150 million . Cowdery's stake grew in value by some £25 million in the few weeks between him announcing a merger with Friends Provident, with Resolution shares at 616p, and selling to rival Hugh Osmond of Pearl for 720p, thanks partly to sparking a bidding war between Pearl and Standard Life. So he can well afford to be generous with his philanthropic gestures . And what , pray we ask , is this charitable institution he is financing .
The Resolution Foundation is an independent research and policy organisation formed in September 2005 to study "how people on low to moderate incomes fair in the mixed welfare economy" with a particular interest in promoting increased social mobility. The foundation's first project was the forerunner of the government's review chaired by Aegon UK chief executive Otto Thoresen into the creation of a national advice service dispensing "generic" financial guidance. It commissioned a study from McKinsey and Deloitte, whose proposed model "led to extensive lobbying on the benefits to individuals and the nation", the foundation said. It is now embarking on a new project, "to promote a fair and efficient supply of elderly care, with a focus on people on low to moderate incomes".
Forgive my ignorance , but doesn't all that just add up to a fancy way of saying it does market research and offer financial advice for investment funds ? Tax-free , of course .
Wednesday, December 19, 2007
Citizens Advice - Workers being exploited
Tens of thousands of vulnerable workers are being exploited by rogue employers, Citizens Advice has warned.
Last year Citizens Advice Bureaux across the UK dealt with more than half a million employment related queries. It estimates 60% of these involved the denial of statutory workplace rights such as the minimum wage, paid holiday and sick leave and pay. Some workers were also required to work excessively long hours or were denied proper rest breaks, the report said. Others were summarily dismissed for being pregnant. Other high risk groups include migrant workers and those who because of age, disability of lack of skills, would struggle to find another job .
"There are still far too many rogues out there, flouting the law, ignoring rules without sanction and profiting from vulnerable workers " -David Harker, Citizens Advice
As always , with people acting with good intentions , this report simply puts it all down to the some "bad apple" bosses who are using unfair practices to gain an advantage over the "responsible" employer and the problem can be removed by government reform of the law and the creation of government watch-dogs . That isn't the real problem or the real solution .
First , workers , especially the disadvantaged worker , must organise industrially through trade unionism to combat the immediate effects of exploitation , the stronger defending the weaker . An injury to one , is an injury to all .
But , then , it is necessary to move beyond mere defence and to-wards a position where the root cause of exploitation is recognised - the real problem - and that would be the capitalist system . And the political solution is not going cap-in-hand to the apologist parties of capital for amelioration but to once again organise but this time to abolish for once and for all this parasitic society where a minority live off the labours of the majority .
Last year Citizens Advice Bureaux across the UK dealt with more than half a million employment related queries. It estimates 60% of these involved the denial of statutory workplace rights such as the minimum wage, paid holiday and sick leave and pay. Some workers were also required to work excessively long hours or were denied proper rest breaks, the report said. Others were summarily dismissed for being pregnant. Other high risk groups include migrant workers and those who because of age, disability of lack of skills, would struggle to find another job .
"There are still far too many rogues out there, flouting the law, ignoring rules without sanction and profiting from vulnerable workers " -David Harker, Citizens Advice
As always , with people acting with good intentions , this report simply puts it all down to the some "bad apple" bosses who are using unfair practices to gain an advantage over the "responsible" employer and the problem can be removed by government reform of the law and the creation of government watch-dogs . That isn't the real problem or the real solution .
First , workers , especially the disadvantaged worker , must organise industrially through trade unionism to combat the immediate effects of exploitation , the stronger defending the weaker . An injury to one , is an injury to all .
But , then , it is necessary to move beyond mere defence and to-wards a position where the root cause of exploitation is recognised - the real problem - and that would be the capitalist system . And the political solution is not going cap-in-hand to the apologist parties of capital for amelioration but to once again organise but this time to abolish for once and for all this parasitic society where a minority live off the labours of the majority .
GETTING AWAY FROM IT ALL (2)
Ever helpful in assisting workers to enjoy a holiday away from the toil we thought we would pass on this piece of information we spotted on the website of Emirate Airways. It should make a nice change from your usual holiday travel.
" Emirates now offers enhanced private suites in First Class on selected aircraft. The new private suite is fully equipped with individual storage, a coat closet, vanity desk and personal mini bar. The extra-large seat reclines to become a fully flat bed, and the 23" wide-screen LCD screen features over 600 channels of nice entertainment. Our award winning, multilingual cabin crew provide an unprecedented level of personal service, including a la carte gourmet cuisine and an extensive wine list." RD
" Emirates now offers enhanced private suites in First Class on selected aircraft. The new private suite is fully equipped with individual storage, a coat closet, vanity desk and personal mini bar. The extra-large seat reclines to become a fully flat bed, and the 23" wide-screen LCD screen features over 600 channels of nice entertainment. Our award winning, multilingual cabin crew provide an unprecedented level of personal service, including a la carte gourmet cuisine and an extensive wine list." RD
GETTING AWAY FROM IT ALL
After a hard year slogging away at the workplace you might fancy an idyllic holiday but we don't think you will be booking up at Richard Branson's island. His friend billionaire Larry Page is secretly getting married there. "When a man is worth $20bn, however, certain secrets are impossible to keep. On Wednesday, the New York Post revealed the location and the expected number of guests – 600. It appears the guests will fly into St Thomas, the biggest of the Virgin Islands, and then take smaller planes and helicopters to Virgin Gorda, a 40-minute ride. Necker Island is so small and exclusive it does not – intriguingly – even appear on the Google map service. (A consequence, perhaps, of Mr Page's friendship with Branson.) The island's website, however, reveals that each of its 14 Balinese-style houses, blessed with pools, jacuzzis, private chefs and other luxuries, costs $46,000 (£23,000) a night – when available." (Independent, 8th December) RD
All very fishy
It sounds mad: shipping UK-caught langoustine thousands of miles to be processed, then back again to be turned into breaded scampi and put on sale. That's what leading seafood producer Young's started doing last year. We read :
The journey for the scampi that ends up on dinner plates and in pub baskets across the country starts in traditional style - the catch being landed by inshore fishing boats in ports like Stornoway. From there it is taken by lorry to the Scottish border town of Annan, which is where things start to change.
In the past the scampi was shelled by machine in Scotland. Now it is taken first to Grangemouth and loaded into containers, which are in effect giant freezers.
They are shipped to Rotterdam before being loaded onto a huge container ship alongside around 7,000 other containers for the long haul to Bangkok.
The key part of the process takes place in Thailand, as the langoustine are peeled by hand .
The long journey home from Bangkok takes the frozen, peeled langoustine through Rotterdam again before a short hop across the North Sea to Grimsby, where the scampi is breaded - and then delivered to our supermarkets and our plates.
The whole round-trip is about 17,000 miles (27,353km).
"They cover this up and distract it by saying it's carbon neutral, but in truth this is about minimising costs and maximising profits." says Willie Mackenzie of Greenpeace.
The motives of Youngs Seafoods is indeed exactly what Greenpeace claim , grubby lucre, and nothing at all to do with energy conservation or protecting the enviroment from CO2 emissions . The local workers cannot compete, even if, on Britain's minimum wage, with the Thai prawn-peelers who are paid 25p per hour.
The company announced 120 job cuts when it transferred scampi shelling operations to Thailand and leaves less than 50 workers at the Dumfries facility.
John Holroyd, of the T&G, said: “This is all about exploiting cheap labour abroad..."
Another company , Dawnfresh of Uddingston , in 2006 shed 70 staff to send Scottish prawns to China for shelling before being returned to the UK for sale.
The journey for the scampi that ends up on dinner plates and in pub baskets across the country starts in traditional style - the catch being landed by inshore fishing boats in ports like Stornoway. From there it is taken by lorry to the Scottish border town of Annan, which is where things start to change.
In the past the scampi was shelled by machine in Scotland. Now it is taken first to Grangemouth and loaded into containers, which are in effect giant freezers.
They are shipped to Rotterdam before being loaded onto a huge container ship alongside around 7,000 other containers for the long haul to Bangkok.
The key part of the process takes place in Thailand, as the langoustine are peeled by hand .
The long journey home from Bangkok takes the frozen, peeled langoustine through Rotterdam again before a short hop across the North Sea to Grimsby, where the scampi is breaded - and then delivered to our supermarkets and our plates.
The whole round-trip is about 17,000 miles (27,353km).
"They cover this up and distract it by saying it's carbon neutral, but in truth this is about minimising costs and maximising profits." says Willie Mackenzie of Greenpeace.
The motives of Youngs Seafoods is indeed exactly what Greenpeace claim , grubby lucre, and nothing at all to do with energy conservation or protecting the enviroment from CO2 emissions . The local workers cannot compete, even if, on Britain's minimum wage, with the Thai prawn-peelers who are paid 25p per hour.
The company announced 120 job cuts when it transferred scampi shelling operations to Thailand and leaves less than 50 workers at the Dumfries facility.
John Holroyd, of the T&G, said: “This is all about exploiting cheap labour abroad..."
Another company , Dawnfresh of Uddingston , in 2006 shed 70 staff to send Scottish prawns to China for shelling before being returned to the UK for sale.
Horse Sense
Millions of pounds spent each year on the sperm of race-winning horses. The owner of one superstar stud can earn £25 million a year. British breeders can typically expect to pay more than £500 a time in stud fees, with some American horses commanding fees of up to £10,000. Stallions reputed for producing good quality offspring come at a premium, and can fetch far higher fees.
Research published today will cast doubt on the rationale that bringing champion horses together will produce potentially race-winning foals. a horse's lineage is far less important than was previously thought. Genes account for only 10% of the prize money a horse wins in its lifetime
"The offspring of expensive stallions might tend to win more money, but not necessarily because they have inherited the best genes . It is likely those breeders best able to pay high stud fees are also those who are able to spend more on care of the horse, how it is trained, and who rides it - all of which will contribute more to how much it will win."
We in the socialist movement have been arguing that what genes determine in humans are the physical characteristics and the capacities of the brain, but not the actual behaviour and behaviour patterns . In other words, human nature is one thing, human behaviour another.
It makes horse sense .
Research published today will cast doubt on the rationale that bringing champion horses together will produce potentially race-winning foals. a horse's lineage is far less important than was previously thought. Genes account for only 10% of the prize money a horse wins in its lifetime
"The offspring of expensive stallions might tend to win more money, but not necessarily because they have inherited the best genes . It is likely those breeders best able to pay high stud fees are also those who are able to spend more on care of the horse, how it is trained, and who rides it - all of which will contribute more to how much it will win."
We in the socialist movement have been arguing that what genes determine in humans are the physical characteristics and the capacities of the brain, but not the actual behaviour and behaviour patterns . In other words, human nature is one thing, human behaviour another.
It makes horse sense .
Chocolate Class War
Cadbury's announced this year that it would cut 7,800 jobs world wide and is currently fighting union resistance to factory closures in the UK .
However , billionaire corporate raider Nelson Peltz, who has been building a stake in the confectionery giant has been demanding that Cadbury Schweppes should return as much as £1.7 billion to shareholders after the spin-off of its US drinks business next year or face an attempted boardroom coup . He and his confederates dmand that by adopting more aggressive trading margin targets, Cadbury could push the value of its shares up to 970p and pay a special dividend of 80p per share – handing back £1.7bn in total – when the drinks business is spun off. The stock was up 15p to 623p yesterday. Cadbury's chief executive promised this year to raise the company's trading margins from about 10 per cent currently to a mid-teens percentage by 2011. Mr Peltz says the target should be closer to 20 per cent
The veteran financier made hundreds of millions of dollars in profit from previous forays in the food and drink business, most recently buying Snapple for $300m (£149m) and selling it three years later for $1.5bn.
So there is the answer to why jobs are lost or out-sourced - to fill the pockets of investors
Tuesday, December 18, 2007
Xmas Presents
Ethical gifts are billed as the perfect antidote to the conspicuous consumerism of the festive season. Whether buying a goat for a family in Africa, or the materials to build a toilet, we are told that these simple items can make a big difference to people in developing countries.
Such presents have been growing in popularity and last year Oxfam sold £3.9 million worth of ethical gifts . The charity has this year launched a celebrity-led campaign to encourage more of us to send useful gifts - which may include items such as dung, condoms or even a can of worms - to help communities in the developing world.
However UK-based education charity Worldwrite says that far from being welcome, these gifts are often seen as "demeaning and patronising". Worldwrite also argues that far from encouraging development, buying someone a goat or a hoe for Christmas only conspires to keep recipients at the same subsistence levels year after year. "People in the developing world are like us - they know the sorts of things we have and they want them too " . They felt some projects epitomised "low horizons" and irritated locals who say they are offered "peanuts" with endless "accountability" and "target" forms to fill out.
Worldwrite's views are echoed by Ghanaian De Roy Kwesi Andrew, a teacher and translator, who says: "Our people and government have become merely the passive, obedient pupils to be preached to."
As a local teacher in Ghana , Godbless Ashie , puts it : "Africans have big brains, big aspirations and want to live in liberty."
We at Socialist Courier say the best Xmas present for everybody would be for all of us to put an end to capitalism and for us all to achieve socialism and put an end to exploitation and pauperism .
Such presents have been growing in popularity and last year Oxfam sold £3.9 million worth of ethical gifts . The charity has this year launched a celebrity-led campaign to encourage more of us to send useful gifts - which may include items such as dung, condoms or even a can of worms - to help communities in the developing world.
However UK-based education charity Worldwrite says that far from being welcome, these gifts are often seen as "demeaning and patronising". Worldwrite also argues that far from encouraging development, buying someone a goat or a hoe for Christmas only conspires to keep recipients at the same subsistence levels year after year. "People in the developing world are like us - they know the sorts of things we have and they want them too " . They felt some projects epitomised "low horizons" and irritated locals who say they are offered "peanuts" with endless "accountability" and "target" forms to fill out.
Worldwrite's views are echoed by Ghanaian De Roy Kwesi Andrew, a teacher and translator, who says: "Our people and government have become merely the passive, obedient pupils to be preached to."
As a local teacher in Ghana , Godbless Ashie , puts it : "Africans have big brains, big aspirations and want to live in liberty."
We at Socialist Courier say the best Xmas present for everybody would be for all of us to put an end to capitalism and for us all to achieve socialism and put an end to exploitation and pauperism .
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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...
