GROWING OLD AND POOR

"Americans are changing the game plan for retirement, with millions labouring right past the traditional retirement age and working into their late 60s and beyond. While the average retirement age remains 63, that standard may soon be going the way of the gold watch — a trend expected to accelerate as baby boomers close in on retirement without sufficient savings. For 64-year-old John Lee, "retirement" bears a strong resemblance to his full-time working career — full of 40- and 50-hour weeks as an IT technical support specialist. He's not strapped but likes the extra cash and the feeling of being needed. But for Melissa Fodor, a retired travel agent who works part-time as a caregiver for the elderly, the extra work "keeps my head above water" and there's no end in sight to that financial need at age 68. Although the work is satisfying, she confides that "financially I'm kind of scared most of the time. Because what should happen if my health and my body fail?" (Yahoo News, 31 August) RD

CAPITALISM IS AWFUL

"There is a lot more poverty in the world than previously thought. The World Bank reported in August that in 2005, there were 1.4 billion people living below the poverty line — that is, living on less than $1.25 a day. That is more than a quarter of the developing world’s population and 430 million more people living in extreme poverty than previously estimated. The World Bank warned that the number is unlikely to drop below one billion before 2015. The poverty estimate soared after a careful study of the prices people in developing countries pay for goods and services revealed that the World Bank had been grossly underestimating the cost of living in the poorest nations for decades. As a result, it was grossly overestimating the ability of people to buy things. And the new research doesn’t account for the soaring prices of energy and food in the past two years." (New York Times, 2 September) RD

Karl’s Quotes

On the Value of labour-power, “ What, then, is the value of labouringpower? Like that of every other commodity, its value is determined by the quantity of labour necessary to produce it…A certain mass of necessaries must be consumed by a man to grow up and maintain his life. But the man,like the machine, will wear out and must be replaced by another man. Beside the mass of necessaries required for his own maintenance, he wants another amount of necessaries to bring up a certain quota of children that are to replace him on the labour market and to perpetuate the race of labourers. Moreover, to develop his labouring power, and acquire a givenskill, another amount of values must be spent…As the costs of producing labouring powers of different quality do differ, so must differ the values of the labouring powers employed in different trades. The cry for an equality of wages rests, therefore, upon a mistake, is an inane wish to be fulfilled…Upon the basis of the wages system the value of labouring power is settled like that of every other commodity; and as different kinds of labouring power have different values, or require different quantities of labour for their production, they must fetch different prices in the labour market. To clamour for equal or even equitable retribution on the basis of the wages system is the same as to clamour for freedom on the basis of the slavery system. What you think just or equitable is out of the question. The question is; What is necessary and unavoidable with a given system of production?”
(from “Value, Price andProfit” pp39/40. In other words, inequality is part of the capitalist modeof production and can only be rectified by an end to the wages system.

FROM HEROES TO CONVICTS

"The number of soldiers who end up in prison for violent offences has increased dramatically in the past four years, according to a report that has raised concerns about the mental health of military personnel returning from war zones. Compiled by probation officers, the report estimates at least 8,500 soldiers are in custody - 9 per cent of the UK prison population and nearly double the estimate of a previous study by the Home Office in 2004, which put the figure at 5 per cent. ...A pilot study at Dartmoor prison concluded that almost 17 per cent of inmates had been members of the armed forces." (Observer, 31 August) RD

PROUD TO BE BRITISH?

"Britain, somewhat proudly, has been crowned the most watched society in the world. The country boasts 4.2 million security cameras (one for every 14 people), a number expected to double in the next decade. A typical Londoner makes an estimated 300 closed-circuit (CCTV) appearances a day, according to the British nonprofit Surveillance Studies Network, an average easily met in the short walk between Trafalgar Square and the Houses of Parliament." (Newsweek, 29 August) RD

MERRY XMAS?

"For Andrew Baynham and his fellow workers at a car parts manufacturer in Hereford, the news was not completely unexpected. "There was a general feeling that it was coming for a while," he says. But it was still a bombshell when he heard recently that the factory where he spent the last 18 years may close. "There was shock when it was announced." If the gloomy forecasts of recent weeks are borne out, thousands of other people may find themselves in the same situation as Andrew. More and more people now fear the worst about their own jobs as the daily diet of bad news about the UK's faltering economy continues. One in ten workers think they could be made redundant in the next year, recent research from the TUC found, as job insecurity spreads. ...The process of corporate retrenchment is already under way with housebuilders such as Barratt Developments and Persimmon cutting thousands of jobs in response to the slump in home sales. Further job losses in the City seem inevitable as banks nurse huge credit losses while it is feared up to 40,000 jobs could go in the services sector with estate agents and retail staff worst hit. One member of the Bank of England's Monetary Policy Committee has warned that up to two million people could find themselves out of work by Christmas if economic trends continue."

(BBC News, 2 September) RD

US GAP WIDENS

"The rich-poor gap also widened with the nation's top one percent now collecting 23 percent of total income, the biggest disparity since 1928, according to the Economic Policy Institute. One side statistic supplied by the IRS: there are now 47,000 Americans worth $20 million or more, an all-time high." (San Francisco Chronicle, 2 September) RD

POVERTY AND CRIME

"The economic downturn is threatening an increase in “acquisitive” crime, illegal immigration and extremism, putting further strain on tight police budgets, senior Home Office officials are warning ministers. According to a leaked document, property crime, which accounts for some 70 per cent of all recorded crime, could increase by as much as 9 per cent over this year and next if the downturn deepens to the levels of the early 1990s." (Financial Times, 31 August) RD

CAPITALISM KILLS

"People are dying "on a grand scale" around the world because of social injustice brought about by a "toxic" combination of bad policies, politics and economics, the World Health Organisation (WHO) said yesterday. Avoidable health problems caused by social factors – as opposed to biology and genetics – are causing large-scale health inequalities in the UK, the WHO's Commission on the Social Determinants of Health has found after a three-year study. Evidence showed that a boy born in the relatively deprived Calton area of Glasgow was likely to live on average 28 years fewer than one born a few miles away in Lenzie, a village by the Glasgow-Edinburgh railway. Life expectancy at birth for men in the fashionable north London suburb of Hampstead was found on average to be 11 years longer than for men born in the vicinity of nearby St Pancras station. Adult death rates were generally 2.5 times higher in the most deprived parts of the UK than in the wealthiest areas."
(Independent 29 August) RD

SAFETY LAST

"Air Canada's regional carrier Jazz is removing life vests from all its planes to save weight and fuel. Jazz spokeswoman Manon Stuart said Thursday that government regulations set by Transport Canada allow airlines to use floatation devices instead of life vests provided the planes remain within 50 nautical miles of shore. Safety cards in the seat pockets of Jazz aircraft now direct passengers to use the seat cushions as floatation devices. ... Woody French, mayor of Conception Bay South, Newfoundland, called it a cheap move. French has been advocating for an airline passenger bill of rights."A lot of these airlines say 'Well, our passengers are our main concern.' That's a bit of a misnomer," French said. "We're a distant second. Profits are the first." (Yahoo News, 29 August) RD

MARX AND MODERNITY

Away back in 1867 Karl Marx in Das Capital explained how the so-called primitive accumulation of capital was based on robbery and murder. In Peru today a similar process is taking place. In Britain we had the highland clearances and the enclosure acts, in Peru it is the expulsion of the indigenous population. "Peru is considering sending in the army to break up protests by Amazonian Indians who claim the government is preparing a massive land grab in the country's remote jungles. ... The government has responded to an appeal for talks by declaring a state of emergency in three states and threatening protesters with military action. "Indigenous people are defending themselves against government aggression," said an Amazon Indian rights campaigner, Alberto Pizango. "This is not an ordinary or everyday demonstration. The Indians have told us they are not afraid. If the government declares a state of emergency they prefer to die there and show that this government violates human rights." Relations between indigenous groups and the President Alan Garcia have become increasingly hostile as the government has sought to exploit what are thought to be rich oil and gas deposits in lands owned by Amazon Indians. Energy companies have pushed deep into supposedly protected areas in the past year, leading to clashes with some of the most remote tribal peoples left in the world."

(Independent, 21 August) RD

THE RICH GET RICHER

"One of the most exclusive clubs in the U.S. has picked up more members. About 47,000 people had a net worth of $20 million or more in 2004, the latest available year, according to new estimates by the Internal Revenue Service. While that was up only slightly from 46,000 in 2001, it was up 62% from 29,000 in 1998. The IRS also reported increases in the number of people with a net worth between $10 million and $20 million: 79,000 people qualified for this group in 2004, up from 77,000 in 2001 and 51,000 in 1998."
(Wall Street Journal, 28 August) RD

BABY, IT'S COLD INSIDE

"Npower and Scottish Power are the last of the big six energy suppliers to increase prices this year, taking the average household bill to almost £1,500 a year - that is a 40 per cent increase on last year. .... For millions of vulnerable consumers, particularly the elderly and low-income families, the stark reality will mean huddling in a cold house that they cannot afford to heat this winter." (Times,30 August) RD

Buck House

Buckingham Palace , the Queen's official London residence was estimated to be worth £935 million. The palace has 775 rooms, including 19 State rooms, 52 Royal and guest bedrooms, 188 staff bedrooms, 92 offices and 78 bathrooms. It also has a cinema, swimming pool, 40 acres of land and it's very own post office.
It was reportedly purchased for only £21,000 by George III in 1761.

The Queen's weekend retreat, Windsor Castle, has also been valued for the first time at £180 million.

The Market System Must Go! Why reformism doesn't work

While looking at the recent pieces,to place in Glasgow's website, on this Blog, 'The struggle for even more reforms is irrelevant and only gets in the way , as well as 'Slowly does it' , I was reminded that our pamphlet,
'The Market System Must Go!' was subtitled ,'Why reformism doesn't work'.
The link takes you into Glasgow's site and the pamphlet is available in HTML or PDF formats.

This pamphlet, on the subject of ‘reform or revolution’, is intended to explain why the Socialist Party advocates a revolutionary transformation of existing society rather than piecemeal reform, like the Labour Party or the Conservatives. It is primarily intended to be a detailed back up to our more introductory pamphlets putting the case for revolutionary change, and to our journal The Socialist Standard.

Much of the material in this pamphlet is from the late nineties , but some has been adapted from previous editions of our pamphlets, principally the now out-of-print Questions of the Day. The earlier chapters develop the case against reformist politics in general, while later chapters discuss specific subjects of concern to modern reformers, ranging from the welfare state to tax reform. It provides a comprehensive critique of the outlook of those who oppose the politics of democratic socialist revolution in favour of reform activity, and is to be particularly recommended to those who consider that reform intervention can make capitalism run in the interests of the wage and salary earning working class.

POVERTY STALKS THE USA

"More than one out of four people in Buffalo are poor, according to the latest estimates by the U. S. Census Bureau. Figures released Tuesday on U. S. income and poverty show Buffalo still has one of the highest poverty rates in the nation — 28.7 percent in 2007. That compares with 29.9 percent the previous year. But given the margin of error figured into the estimates, Buffalo’s poverty really hasn’t improved from 2006 to 2007, said Wende A. Mix, an associate professor in the geography and planning department at Buffalo State College. “Statistically,” she said, “there’s no change.” That also was true nationally, where the poverty rate was 12.5 percent in 2007, according to the Census Bureau report. ...In the report released Tuesday, Detroit’s poverty rate of 33.8 percent was the highest among cities with more than 250,000 people, followed by Cleveland, at 29.5 percent; Buffalo; El Paso, Texas, 27.4; Memphis, 26.2; Miami, 25.5; Milwaukee, 24.4; Newark, 23.9; Philadelphia, 23.8; and Cincinnati, 23.5. The Census Bureau pointed out, though, that the poverty rate for Buffalo was not statistically different from the rate for El Paso, Memphis and Miami, and cautioned about comparisons. “Their percentages might be slightly different, but with a margin of error, there’s really no difference,” said Mix, who works with the census data. “Statistically, there’s a lot of ties here.” But advocates for the poor said it doesn’t matter whether Buffalo has the highest poverty rate or the 10th highest, it’s still unacceptable. “No matter what the numbers show, the fact that close to a third of all the residents in the city are living in poverty is an absolute disgrace,” said Bill O’Connell, executive director of the Homeless Alliance of Western New York." (Buffalo News, 26 August) RD

PROGRESSING BACKWARDS

"More than 37 million Americans live in poverty and nearly 46 million have no health insurance, an official report showed Tuesday, spotlighting two key issues in the race for the presidency. Some 37.3 million people lived in poverty in the United States in 2007, an increase from the 36.5 million people in 2006, the US Census Bureau's annual report on income, poverty and health insurance coverage showed. The poverty threshold for 2007 was set at 21,000 dollars (14,360 euros) for a family of four, regardless of whether they lived in a smaller US city such as Milwaukee or a large city like Los Angeles, where the cost of living was significantly higher. (Yahoo News, 26 August) RD

TROUBLES AHEAD?

"The Russian oil boom, which has produced a gusher of cash, political power and an opulent elite— and has helped fuel the country's renewed assertiveness in Georgia and elsewhere— is on shakier ground than officials in Moscow would like to admit. Most of the oil produced after the country's 1998 financial collapse has come from drilling and re-drilling old Soviet oil fields with more advanced equipment— squeezing more black gold out of the same ground— and efforts to develop new fields have been slow or non-existent. That strategy is potentially disastrous, said Valery Kryukov , who researches oil companies in western Siberia for a government-funded think tank. "If the situation which exists now stays the same, oil production will start to decline seriously in two years," Kryukov said in a phone interview from his offices in the city of Novosibirsk ." (Yahoo News, 22 August) RD

HEY, BIG SPENDERS

"England's richest football clubs shell out fortunes to their players in pursuit of glory. Today, though, all 20 clubs are accused of penny-pinching because they pay more humble members of staff – such as cleaners, catering staff and shop assistants – the lowest legal wages. Some employees receive only match tickets as recompense, or the promise of commission. The revenues of Premier League clubs last season reached almost £2bn and they spent £600m on players. But two days before the 2008/09 Premier League starts this weekend, the Fair Pay Network (FPN), a coalition of charities and trade unions, warns that poverty pay is endemic in the league. It found that all 20 clubs are offering positions at the national minimum wage of £5.25 an hour. The five London clubs – Arsenal, Chelsea, Fulham, Tottenham Hotspur and West Ham United – are paying staff at least £2 below the London Living Wage of £7.45, which the Mayor Boris Johnson says is the minimum to avoid living in poverty in the city.
(Independent, 14 August) RD

AIN'T SCIENCE WONDERFUL?

"A band of pre-eminent scientists and war-fighters has concluded that the nation's military might isn't powerful enough for the 21st Century; and so the National Research Council (NRC), an independent, congressionally-chartered body charged with assessing scientific issues, is urging the Pentagon and Congress to get cracking on developing a weapon capable of hitting any target in the world within an hour of being launched. The NRC's Committee on Conventional Prompt Global Strike Capability believes that there are threats (like nuclear terrorism) that the Pentagon's fleets of attack planes and missiles cannot handle and which have to be stopped with the immediacy of the push of a button by a future U.S. President. It's not quite a "death ray" but it's the closest existing technology can get to that fantasy weapon." (Yahoo News, 24 August) RD