Wednesday, October 12, 2011

EMPTY PROMISES

Politicians vie with each other in claiming that they can solve capitalism's boom and burst cycle of trade. Beyond their empty boasts there is a reality that they dare not recognise in their bombastic promises. It is that booms and bursts are the way capitalism operates and politicians are powerless to do anything about it. A recent survey by the IFS shows what the future is likely to be. "Falling incomes will mean the biggest drop for middle-income families since the 1970s, says a report from the Institute for Fiscal Studies. The IFS forecasts two years "dominated by a large decline" in incomes, pushing 600,000 more children into poverty, By 2013 there will be 3.1 million children in poverty in the UK, according to the IFS projections." (BBC News, 11 October) All the politicians can do is make empty promises while we suffer empty pockets. RD

Tuesday, October 11, 2011

CHINESE COLONIALISM

In the 19th and 20th Century European powers such as Britain, France and Holland engaged in a ruthless colonial expansionism throughout the globe, but times change and we now have capitalist China engaging in the same pattern of colonial exploitation. In poverty stricken Zambia the pattern is repeated. "Chinese investment in Africa's leading copper producer topped $1 billion last year and came with the promise of 15,000 jobs as well as an additional $5 billion investment over the next few years. Almost all of the money is ploughed back into Zambia's copper-mining industry, with only 10% invested in construction, agriculture, retail and manufacturing. It is perhaps understandable that in a southern African country the size of Texas, where almost two-thirds of the 13 million citizens live under the poverty line of $1.25 a day, economic growth is the government's priority - even if that growth comes at a cost." (Time Magazine, 19 September) The so-called communist Chinese government once railed against the evils of colonial exploitation but now it enthusiastically engages in it.RD

Monday, October 10, 2011

THE PRICE OF PROGRESS

One of the defenses of capitalism that socialists often encounter is that for all its failings it is at least a progressive society. Well try telling that to the poor Uganda farmers who have recently experienced some of capitalism's progress. "According to a report released by the aid group Oxfam on Wednesday, more than 20,000 people say they were evicted from their homes here in recent years to make way for a tree plantation run by a British forestry company, emblematic of a global scramble for arable land. "Too many investments have resulted in dispossession, deception, violation of human rights and destruction of livelihoods",Oxfam said in the report. "This interest in land is not something that will pass. As population and urbanization soar, it added, whatever land there is will surely be prized." Across Africa, some of the world's poorest people have been thrown off land to make way for foreign investors, often uprooting local farmers so that food can be grown on a commercial scale and shipped to richer countries overseas." (New York Times, 21 September) RD

Sunday, October 09, 2011

Food for thought

In the Futility of Reform Department, I take you to Detroit where the new 900 employees of Chrysler Corp. are called the cornerstone of its comeback. Why? Because they are willing and happy to have a job at $14 per hour, less than half what they would have received before. They turn out a Jeep Grand Cherokee every 48 seconds. (Toronto Star, Sept 18, 2011) "What was once seen as a desperate move to prop up the struggling auto industry is now considered an integral part of its future." The union could do nothing but acquiesce to the auto- makers' demands and now hope to begin the wage increase process all over again.
In the same issue, David Herle writes, " The Canadian middle class dream is disappearing. There is more income inequality than ever before, and fewer people find themselves with the trappings traditionally associated with middle- class life -- security in retirement, a little bit of savings to help your kids through school, the ability to splurge on a vacation from time to time." We would substitute workers who have won a few extra crumbs for the 'middle-class' epithet. Nevertheless, things are getting tougher for the workers and nothing can be taken for granted. We will have to fight for every little thing we get, unless we get rid of the whole damned system! John Ayers

FROM DREAM TO NIGHTMARE

As they near retirement age many workers console themselves with the notion that they will at last be free from money worries, but recent research may lead them to reconsider their dreams of rocking chair contentment. "Research published today suggests that many people with private pensions will be as much as 30 per cent worse off compared with those with similar savings who finished work in 2008, because of a combination of tumbling stock markets and interest rates at a record low. PricewaterhouseCoopers, the accountants, said those facing retirement this year would be left "between a rock and a hard place", forced to consider putting off claiming a pension until market conditions improve." (Daily Telegraph, 8 October) Even after a lifetime of work and money anxiety capitalism still holds no respite for many workers. RD

Friday, October 07, 2011

IT'S NOT CRICKET

As school kids many of us were fascinated by the exploits of our sporting heroes and would delight in tales in the Hotspur and Rover comic books about batsmen "hitting sizzling sixes over the tuck shop roof". That of course was in our naive youth before finding out about how capitalism really operates. "A further three Pakistan cricketers have been named in court as being allegedly involved in a betting scam. The prosecution claim that the agent Mazher Majeed, 36, told an undercover reporter he had players he could control in relation to fixing. ....The case at Southwark Crown Court centres around a Test match against England at Lord's in 2010 however evidence is being heard relating to an Oval Test which took place on an earlier date." (BBC News, 6 October) Capitalism corrupts everything it touches and the sporting arena is no exception. RD

A WONDERFUL TOWN?

We have all seem romantic films about what a fascinating city New York is. We have all heard Frank Sinatra sing New York, New York It's A Wonderful Town, but the reality is somewhat different. "Poverty grew nationwide last year, but the increase was even greater in New York City, the Census Bureau will report on Thursday, suggesting that New York was being particularly hard hit by the aftermath of the recession. From 2009 to 2010, 75,000 city residents were pushed into poverty, increasing the poor population to more than 1.6 million and raising the percentage of New Yorkers living below the official federal poverty line to 20.1 percent, the highest level since 2000. The 1.4-percentage-point annual increase in the poverty rate appeared to be the largest jump in nearly two decades. ... Manhattan continued to have the biggest income gap of any county in the country, with the top fifth of earners (with an average income of $371,754) making nearly 38 times as much as the bottom fifth ($9,845)." (New York Times, 22 September) RD

Thursday, October 06, 2011

INCREASING THE DEATH RATE

Capitalism in Britain in the midst of one of its many economic slumps is looking desperately for new ways to increase its profits. The latest is motorway speed limits."The speed limit on motorways will rise to 80mph, it will be announced tomorrow. Under the new plans more roads in built-up areas will be reduced to a 20mph limit. The plans will be presented as part of the Coalition's attempts to boost the economy, with ministers arguing that shorter journeys on major roads will help businesses. However, the increase to 80mph for motorways will be criticised by environmental groups, who say that higher speeds mean much higher greenhouse gas emissions." (Daily Telegraph, 29 September) Ecological groups may be concerned by increased emissions but socialists are concerned about the increased death rates amongst workers who have to use the motorways in order to earn a living. Inside capitalism profit is much more important than human life. RD

A DEPRESSING SOCIETY

This is nothing more boring than hearing fervent nationalists making empty boasts about the superiority of "their" country to all others. "The number of anti-depressants being prescribed to people in Scotland is continuing to increase, according to the latest figures. Statistics from the Scottish government suggest that more than one in 10 of the population are on the drugs. In the last financial year a total of 4.6 million anti-depressants were prescribed in Scotland, up more than 350,000 on the previous year. It is estimated 11.3% of Scots, aged over 15, take the drugs daily." (BBC News, 27 September) So it is probably worth reminding yourself the next time you hear a Scottish worker of your acquaintance waxing eloquent about "his" mountains, glens and bonnie blooming heather he is probably high on Prozac instead of his usual whisky. It is marginally cheaper after all. RD

COOL BUT AT A PRICE

"Wow, what do you think sweetheart, don't I look fabulous in this" some workers may say, but behind their delight lurks the awful exploitation of other workers. "More than two dozen global clothing brands on Tuesday pledged to investigate a spate of mass faintings among Cambodian garment workers, the UN's labour agency said. The retailers said they would provide resources and international expertise to find out why hundreds of their suppliers' employees have collapsed recently, the International Labour Organisation said after a meeting in Phnom Penh. Among the retailers who supported the initiative were Gap, H&M, Walmart and Target, a source who attended the gathering but wished to remain anonymous told AFP." (Yahoo News, 6 September) Who cares about fainting Cambodians, don't I look cool. That is capitalism for you. RD

THE CLASS DIVIDE

The severe economic slump in the USA has led to mounting unemployment and mortgage re-possessions but the billionaires are still doing very nicely. "Despite the stalled economy, the nation's wealthiest are worth a combined $1.53 trillion, nearly equivalent to the GDP of our neighbor Canada. Their total wealth is up 12% in the year through August 26, when we took a snapshot of everyone's net worth, meaning these affluent folks did slightly better than the markets; the S&P 500, for instance, was up 10% in that time." (Yahoo Finance, 21 September) The figures compiled by Forbes.com show that Bill Gates is worth $59 billion and Warren Beattie $39 billion. RD

AN EXPENSIVE TIPPLE

The press are fond of depicting large sections of the working class who go out on a Saturday night to have a drink as useless; work-shy lay bouts who drink to excess and behave in an anti-social fashion. It is unlikely that even the most debauched worker would consider spending this amount of money on a night out though. "The world's oldest yet still drinkable champagne has been sold at auction for 30,000 euros. The bottle of Veuve Cliquot, believed to be 170 years old, was discovered by divers uncovering a shipwreck in the Baltic sea in 2010. It was one of only 145 discovered, however only two will be sold as most wines which are that old have turned to vinegar. ....A 10-year wedding anniversary present, the recipient said: "My husband doesn't believe in keeping wines, he wants to open them and enjoy them with his friends." (Huffington Post, 23 September) RD

Wednesday, October 05, 2011

Food for thought

The staggering proportion of Africa's health and poverty problem never fails to horrify us. The New York Times reported (Sept. 25, 2011) that 750 000 Somalis are likely to starve to death without massive intervention. This, the newspaper reports is 1990s all over again. Like economic crises, it will continue to reoccur as long as the profit system is in place -- no profit, no effective demand, no production. (The Times didn't say that of course!)

The Toronto Star reported (Sept 24, 2011) that one million people die of malaria annually in sub-Saharan Africa, one child every 30 seconds. An Omani doctor whose sister succumbed to the disease, started a campaign to change this situation. Bill and Melinda Gates contributed to the campaign funding 44 research teams finding ways to wipe malaria out. Good effort, but the $450 million invested is a drop in the ocean compared to the amount of money Big Pharma puts out to 'cure' acne' or spider veins on the legs. They could produce a cheap vaccine in no time for everyone as long as they could make the big profits they garner from fake medicine.

The same article tells us that 350 000 women died with pregnancy problems and 7.2 million children die annually before the age of five,  mainly in the developing world (anyone know when it will be developED?).
They claim we are likely to see a vaccine for HIV within ten years and a malaria vaccine is available and it will be commercialized by 2016. Too bad for those who need it in the next five to ten years. John Ayers

Tuesday, October 04, 2011

Highland lows

In a new report, the health board covering the Highlands and Argyll and Bute said poverty was the biggest issue in its fight to tackle inequality. About 53,000 people were in poverty in the health board area last year. Merkinch in Inverness and Dunoon were among the most deprived areas, according to the NHS Highland report. Alness, the south side of Wick and Campbeltown were also listed among the most deprived places in the health board's area.

NHS Highland's report said the average life expectancy of a man living in Merkinch was 66 years - about 14 years less than a man living in Lochardil.

Its authors said: "Poverty is the biggest issue facing the NHS Highland area in the fight against inequality. With impending welfare reform, rising fuel prices, public sector cuts and a fragile economy, the number of people affected by poverty and financial hardship is set to rise."

Dr Margaret Somerville, director of public health, said: "It is important to note that inequalities in health have worsened over the last 10 years...The worst off in society are likely to suffer most from the economic climate and consequent changes in public sector services..."


POLLUTION AND CAPITALISM

In their mad demand for profit the capitalist class are polluting our world more and more. "Ozone loss over the Arctic this year was so severe that for the first time it could be called an "ozone hole" like the Antarctic one, scientists report. ...Ozone-destroying chemicals originate in substances such as chlorofluorocarbons (CFCs) that came into use late last century in appliances including refrigerators and fire extinguishers. ..... The ozone layer blocks ultraviolet-B rays from the Sun, which can cause skin cancer and other medical conditions. (BBC News, 3 October) On the face of it a scientific report on the BBC may not appear to mean that much to you, until your child develops skin cancer or some other awful medical condition. It will mean a lot then. RD

Sunday, October 02, 2011

SURVIVING ON 33 PENCE A DAY

Under the heading of "33p a day is poverty line - and at least 308 million live below it" the Times newspaper outlined the perilous condition of many Indian workers. The Planning Commission of the Indian government recommended that this should be the poverty line and anyone above it would be denied subsidised rice, wheat, healthcare and housing. "But the claim that 35 rupees (33p) per day in rural areas and 32 rupees in cities such as Mumbai and Delhi was sufficient to provide "adequate private expenditure on food, education and health" has provoked outrage in India, where inflation of close to 10 per cent per year and widespread corruption is fuelling resentment against the ruling elite." (Times, 1 October) It is worth noting that India has emerged as one of the countries with more and more millionaires and a recent study by the UN found of the 645 million classed as poor 420 million of these were to be found in eight northern and eastern states of India. RD

Saturday, October 01, 2011

Stalin bad, Lenin good???

A terrific article by Richard Montague in this month's Socialist Standard states:
"Josef Stalin, who by an ironic inversion of the ‘Great Man’ theory of history subsequently became the Lucifer of the Left and the architect of evil in the Russian empire, wrote a pamphlet called Socialism or Anarchism in 1905 in which he correctly summed up the Marxian view of socialism:".....and further."Many contemporary exponents of Leninism ascribe the awful saga of totalitarian rule that emerged from this sort of thinking to Stalin. Yes, Stalin did head the list of political gangsters that terrorised Russia following the Bolshevik Revolution, but it was the elitist nonsense promoted by Lenin, as evidenced above, and the undemocratic political structures established by the Bolshevik Party that created the pathway to the massive evils of Stalinism."

You can read it for yourselves on the new website being developed.

Friday, September 30, 2011

SOCIAL IMMOBILITY

One of the boasts of the present government is that we now live in a society of social mobility wherein someone from an impoverished background can still have access to a higher education. Like most of their boast it is nonsense. "A quarter of English universities failed to meet their targets to admit substantially more disadvantaged students last year, a government watchdog has revealed. Cambridge, Bristol, Exeter, Durham and University College London are among 23 institutions that admit making insufficient progress in widening their mix of applicants in 2009-10, leading to accusations that the intake of the most selective universities is "increasingly privileged". David Willetts, the universities minister, said the report was proof that social mobility had stalled." (Guardian, 29 September) RD

THE SICK SOCIETY

Inside capitalism everything has a price. If you can afford it you can get the best food, clothing, housing and entertainment. Conversely if you don't have the money you have to do with the cheap, the shoddy and the second-rate. Regretfully this applies to health-care too. "The lives of thousands of non-cardiac NHS emergency surgery patients are being risked by poor care and delays in treatment, leading surgeons say. The Royal College of Surgeons says poor access to facilities like operating theatres and scans means some abdominal emergencies are not spotted in time. The RCS also says not enough patients receive critical care after surgery. ....The RCS adds that junior staff are often left to deal with complications." (BBC News, 29 September) They call it the National Health Service, the national ill-health service would be more accurate. RD

Thursday, September 29, 2011

pay-cut for bank staff

Scottish employees of Clydesdale Bank face a large cut in take-home pay after the Glasgow-based institution said it will ask them to put 9% of their salary into its previously non-contributory pension scheme. Clydesdale will phase in contributions, starting at 3% of salary in 2012 and going up to 9% by 2014

“In common with many other organisations, it has been affected by reduced investment returns as a result of the downturn, the expectation of lower returns in future as well as improvements in life expectancy rates generally.” a spokesman for the bank said

Those who do not want to contribute will be offered a lower benefit based on 1/80 of salary rather than 1/60 for those who put in money. The bank has also cut the annual increases for benefits accrued after April 2012, switching to the lower Consumer Prices Index rather than the Retail Prices Index. This measure will be capped at 5%.

And for the bank executives? Unite union said the people being hit by the latest "substantial" changes "are not wealthy bankers, but frontline banking staff who serve customers in call centres and bank branches". Unite's national officer David Fleming said the move would "trigger hardship for employees" and was a "real blow". He said it was wrong "to introduce changes that will require staff at National Australia Bank to ultimately make a 9 per cent contribution, over three years, when household budgets are already extremely stretched."