A Very Merry Christmas ?

Debt advisers are set to take a record number of calls as consumers are left to deal with a Christmas on credit. Leading debt charities said today that the credit crunch combined with five interest rate rises had made the problem this year even more serious. It was reported today that an estimated £34 billion has already been spent on credit cards this month – a £3 billion increase on last year.

A Consumer Credit Counselling Service spokesman said the organisation expected even more calls this year from people concerned they have over stretched financially this Christmas.He said: "We expect just under 34,000 calls to our helpline in January 2008, five per cent higher than in 2007."

And Credit Action spokesman Christ Tapp echoed the claims, saying the hangover debt from the festive reason reached way beyond the first few days of the New Year, and that homeowners may be particularly concerned. He said: "It could certainly be our busiest January and February ever. People are now more concerned about the economy than they have been for a long time.The nature of calls might be slightly different. It used to be about unsecured credit, but mortgages are becoming a much bigger problem than they were as rising living costs squeeze homeowners." (It is estimated this year that house repossessions will rise by 50 per cent to 45,000.)

Citizen's Advice added its weight to calls for belt-tightening around Christmas, pointing out that this time of year is traditionally gloomy for those with cash concerns. A spokeswoman said: "We know from experience that there is a seasonal surge of people who come to see us about their debt problems post-Christmas, and we know that the trend in debt inquiries is inexorably upwards. There is no reason to believe that there will be any let up in this trend."

Groups like the Samaritans say they also expect to be inundated with phone calls from people who feel they can't cope with their financial situation in light of lavish Christmas expenditure. A spokeswoman for the charity said: "January is a particularly bleak time with credit card bills arriving and the short, dark days."

Can we of Socialist Courier be blamed for saying " Christmas ? Bah - Humbug "

An Anti-Bolshevik Approach to Revolution

The final talk in the Socialist Thinkers series by Stephen Coleman and a belated contribution to the 90th anniversary of the Russian Revolution . It is a discussion of Leninism and the Julius Martov critique of the Bolsheviks .

The download can be found via the link at Darren's blog

A Vision of Socialism

Not looking forward to the Queen's Christmas message , then why not download and listen to one of the Socialist Party talks that Darren has upload.

Stephen Coleman discusses William Morris and his Vision of Socialism . Download from here .

WORLD HUNGER WORSENS

Millions of human beings starve inside a capitalist system that can produce enough for everyone. There are many well intentioned groups that believe that by a series of reforms this dreadful situation can be solved inside capitalism. Despite years of existence and hundreds of campaigns this has been proven to be futile."Record prices for major agricultural commodities and a reduction in the volume of food aid means there is a serious risk that global hunger will worsen next year, the United Nations’ Food and Agriculture Organisation said on Monday. The warning came as wheat prices on Monday jumped to an all-time high, soybean prices hit a fresh 34-year high and corn rose to an 11-year high on strong demand and tight supplies reflected in extremely low global inventories. ... Food aid has been reduced because agricultural commodities prices are going up while the big aid agencies’ budgets – including that of the UN’s World Food Programme, which feeds almost 90m of the world’s poorest people – remain stagnant." (Financial Times, 19 December) RD

THE CLASS DIVIDE

The harrowing picture of poverty in India is very familiar. Whole families are sleeping on the streets of Calcutta and in wretched, unsanitary lean-to shacks. What is not so well known is the immense wealth of a handful of Indian capitalists. "The mansion of Mukesh Ambani, the richest man in India, is something more than the average dream house. When construction is completed next year, his home will top 570 feet – the equivalent of a 60-story skyscraper – and include a helipad, six floors of parking, and 600 servants for a family of six." (Yahoo News, 18 December) RD

Branson Virgin Rail - Just the ticket

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'."

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 .

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 .

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 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

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

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

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

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

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

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 .

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 .

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