Fact of the Day

Earth’s richest 1,000 individuals now control as much wealth as the poorest 2.5 billion people on the planet. This capitalist class uses its vast wealth to control the media, influence politicians, and bend laws to their favour.

Food for thought

In the Target Zone -- many former Zellers' employees looking for work with retail giant. OPG blames profit decline on faltering equity market. Is it possible, even faintly, that capitalism may be in a crisis?

The British Royal Family in crisis! The government has cut funding to the monarchy to stay in line with wide-ranging budget cuts. In 2011 they had to manage on $50 million and now face a 25% cut. But don't worry folks, her majesty and her cronies have decided to raise admission prices for tours of Buckingham Palace to make up the difference. I'm sure the millions who have to live on a dollar a day will be greatly relieved.

In the Vietnam War, the US dumped 75 million litres of agent orange on about a quarter of former South Vietnam, killing two million hectares of forest about the size of Massachesetts. Now the US is involved in a massive clean-up to remove the dioxin contained in agent orange from a nineteen hectare site that is now a Vietnamese military base. And here I am thinking the American capitalists are all heart, until I hear the Vietnam and the US are getting chummy in order to boost trade and counter China's rising influence in the disputed South China Sea. This area is believed to be rich in oil and natural resources. The US says protecting peace and freedom of navigation in the sea is in its natural interest. Sure, they're all heart.

The soothsayers tell us that the US economy is in recovery, yet only 56% of Americans laid off between January 2009 and December 2011 have found jobs and more than half of them took jobs for lower pay. One third took pay cuts of 20% and more. It's nice to know we are in recovery. Next they will tell us the market corrects itself! John Ayers

Capitalism - A war fear system

China and the US seem to be on a collision course in the Pacific. Beijing is significantly bolstering its navy, and Washington is shifting its military focus to the Asia-Pacific Region. Many fear it could alter the balance of power in a region rich in oil and crucial for global trade. It is difficult to overstate the economic and military importance of the South China Sea, which connects the Indian Ocean to the Pacific. Over half the annual tonnage of all the world's merchant navies is shipped through adjacent sea routes here, and the region sees a third of the world's maritime traffic. Eighty percent of China's crude oil imports pass through here, and the seafloor holds an estimated 130 billion barrels of crude oil and 9.3 trillion cubic meters (328 trillion cubic feet) of natural gas.  A US congressional study published on August suggests that the United States considers the modernization of China's navy an aggressive act. According to the study, Beijing is by no means simply trying to protect its trade routes and its citizens abroad but, rather, is determined to assert its territorial claims, push back the US' influence in the Pacific and underline its status as a global military power

The other drug problem

A study found almost half of elderly people may be kept on sedatives that make them “easier and more convenient to manage” for much longer than necessary. Research has shown people with dementia who take these drugs are at a much higher risk of stroke.

The report by Dundee University and NHS Fife, carried out over a two-year ­period in Tayside, found two in five elderly people in care homes were taking the drugs – compared to just one in six who still lived in their homes in the ­community. It also found that seven in ten people who were taking the drugs when they went into the care homes were then never reassessed to see if they still needed them.

Dr Colin McCowan, deputy director of the Health Informatics Centre at Dundee University, and one of the authors of the report, said: “Some elderly people are taking these drugs to make it easier and more convenient for people to manage them and for them to cope. Often this could start when they are living at home, on their own, and when they are waiting to go into residential care. But then, when they go into care many are kept on them and remain on them. No-one checks to see if they still need them. Some of these individuals and their families will know about them taking them, but there is evidence some won’t." He said the use of the drugs, known as psychotropic medication, which includes anti-psychotics, was a growing concern to health officials. Dr McCowan said guidelines for the use of the medication stated they should not be used, in most cases, for more than six months. He also said previous research had shown many of the anti-psychotics being prescribed to patients were likely to be having “very little beneficial effect” and could usually be gradually stopped without side effects.

Dr Donald Lyons, chief executive officer of  Mental Welfare Commission for Scotland – an independent body set up to safeguard the interests of people considered to be mentally disordered, said: “Anti-psychotic drugs are unquestionably being overused, more so in care homes but also, to a lesser extent in hospitals. The bottom line is more needs to be done to reduce the number of these drugs being prescribed. The rates are too high...At the end of the day, patients should only ever get any drug if it is for the benefit of their health, not for any other reason, not least to keep them more manageable."
The commission said providing more adequate outside space and stimulating environments were some of the ways to help people cope. Dr Lyons added: “Yes, this costs money, money to pay for the right environment and additional care but surely that is money well spent in the long run."

Food for thought

Spare a tear and some sympathy for the world's richest, the top 40 of whom lost a combined total of $3.7 billion in last week's stock market decline. Worst was Carlos Slim, telecommunications mogul who dropped $1.7 billion. Not to worry too much though, comrades, he retains $73 billion to tide him over. How ridiculous can this system get?

You gotta love those capitalists. They can smell money from a million miles away. To help slow climate change, the UN rated greenhouse gases based on their power to warm the atmosphere. The more dangerous the gases, the more manufacturers in developing nations would be compensated as they reduced emissions. But some soon figured out that they could earn one carbon credit by eliminating one ton of carbon dioxide, but more than eleven thousand credits by simply destroying a ton of an obscure waste gas normally released in manufacturing coolant gas. The credits could be sold on the international market earning tens of millions of dollars per year. Where there's a mill(ion) there's a way!

A group of nuns in North America is being disciplined by the Vatican. Apparently, their organization, representing more than 80% of the 57 000 (!) nuns on our continent, has been doing nefarious things, like harbouring radical feminist ideas, putting too much energy into social justice, and too little into fighting abortion, contraception, gay rights etc. They have also dared to discuss women's ordination, priestly marriage, and US health care (vehemently opposed by the Catholic powers). A spokesperson for the nuns said, "It [their response] entails resisting rather than colluding with abusive power." Imagine!

When the South African police opened fire on the striking miners, killing 34 and wounding 78, it brought back memories of the Sharpeville massacre of the 1960s. Only then, it was done by a white racist government. This time, it was done by a mostly black controlled government. This clearly shows that no matter what government you have, they will always put the interests of capital first.

In the last week The Toronto Star ran the following headlines: 300 000 jobs lost in Canada last month. Relief too late for Corn Crop J.C. Penny posts loss, but sees improvement. Asian economies -- Report paints bleak picture. Brookfield profit falls, revenue goes up. Housing market cools -- home sales in Toronto down in July. Scorching summer dries up hydro- power. Water based power output falls by 20%. Bigger the IPO, the harder it may fall -- think you are going to make money by getting in early? Think again. John Ayers

A SUICIDAL SYSTEM

A growing number of global and European health bodies are warning that the introduction and intensification of austerity measures has led to a sharp rise in mental health problems with suicide rates, alcohol abuse and requests for anti-depressants increasing as people struggle with the psychological cost of living through a European-wide recession. "No one should be surprised that factors such as unemployment, debt and relationship breakdowns can cause bouts of mental illness and may push people who are already vulnerable to take their own lives," Richard Colwill, of the British mental health charity Sane, told CNBC. "There does appear to be a connection between unemployment rates and suicide for example," he said, referring to a recent study in the British Medical Journal that stated that more than 1,000 people in the U.K. may have killed themselves because of the impacts of the recession." (CNBC, 4 September) Capitalism not only exploits and degrades members of the working class it can often lead them to suicide. RD

THIS SPORTING LIFE

THIS SPORTING LIFE

Sport according to most dictionaries is usually defined as "to amuse, recreate, to take one's pleasure", but we live in capitalism and it should probably be more accurately defined as a "business opportunity". When Andy Murray, the tennis player won a tournament in New York the press and TV speculated on how much it was worth. "Scott Barclay, a lecturer in sport business and management at the University of the West of Scotland, predicted that Murray will enter the Forbes rich list next year and that the win moved him "away from the celebrity clutter". ... "Without a doubt, next year he'll appear in the Forbes rich list, among the likes of [Roger] Federer, [Maria] Sharapova, [Cristiano] Ronaldo, [Lionel] Messi, [Rafael] Nadal." (DailyTelegraph, 12 September) Murray, 25, who already has lucrative contracts with Adidas, Royal Bank of Scotland and Jaguar, may also sign deals with other companies. His five-year contract with Adidas, signed three years ago, was worth as much as $5 million (£3.2 million), pushing his earnings last year both on and off the court to $12 million (£7.4 million), according to Forbes. Capitalism distorts everything and it should come as no surprise that a university has a subject entitled "Sport business and management". RD

Bloody mobiles!

With the much hyped release of Apple's i-Phone 5 perhaps it is timely to remember that "It’s possible that two children died so that you could have that mobile phone,” according to Jean-Bertin, a 34-year-old Congolese activist.

 The Democratic Republic of the Congo (DRC) has at least 64 percent of worldwide reserves of coltan, the colloquial African name for a dull black ore composed of two minerals, columbite and tantalite. Tantalum, the metal extracted from this ore, is a rare, hard, blue-gray, lustrous transition metal that is highly corrosion resistant. It is used in the production of capacitors for electronic equipment such as mobile phones, computers and tablets. The extraction of coltan contributes to maintaining one of the bloodiest armed conflicts in Africa, which has led to more than five million deaths, massive displacements of the population, and the rape of 300,000 women in the last 15 years, according to human rights organisations.

 “There are many economic interests around the coltan business,” stressed Jean-Bertin. In the meantime, in the DRC, “the killings are real. The blood is everywhere.”

DOUBLE STANDARDS

One of the constant themes pursued by the owning class is that workers should be proud of "their" country and if necessary from time to time take part in wars to protect it. However a recent example of this patriotism not necessarily extending to the owning class was recently revealed. Frances richest man Bernard Arnault (reputed to be worth £32 billion) has applied for Belgian citizenship. "He says the switch is for personal reasons. But few doubt that the "personal reasons" amount to a desire to insulate his wealth from the punitive taxes being threatened by Francois Hollande, France's new Socialist president. These taxes include a promised 75 per cent super-levy on annual incomes over ! million euros." (Times, 11 September) When it comes to protecting their immense wealth the owning class have little time for patriotism. RD

Fact of the day

In Scotland some 15 per cent of adults and 220,000 children living in poverty today.

 A 17-year-old school-leaver is entitled only to a basic minimum wage of £3.68 per hour. Even working full-time they would only earn £128.80 a week.

Food for thought

Canada lost 300 000 jobs in July. There will be more to come caused by the impending arrival of the American chain, Target, taking over Zellers leases for almost $2 billion. Both are almost identical stores in merchandise and prices. Although Target posted earnings of $704 million for the last quarter, they did not take all the Zellers, especially those that are unionized and they will have to close down. Crazy system! That's $2 billion of social wealth squandered!

In the midst of the recession, the banks have some good news(?). Canada's top five banks posted profits of over $8 billion for the last quarter, a record for two of them. Nice work if you can get it.

Americans and guns seem inseparable. A police officer from Kalamazoo, Michigan, on holiday in Calgary, wrote to the Calgary Herald that he felt threatened when two locals approached him and his wife and offered suggestions for sight seeing, including tickets to the Calgary Stampede. He was complaining that tourists should be able to pack weapons to defend themselves. Then in Colorado, the scene of two mass shootings in recent years, the University in Boulder thinks it has the answer to guns. Those packing weapons will be confined to just one dormitory on campus. Come on! It's a handy thing to have when you are studying! John Ayers

Fight the good fight

 
Union leaders have called for a mass campaign of civil disobedience against the cuts. Communities should take direct action to block roads and occupy services earmarked for closure in a show of resistance, union bosses said.

Dot Gibson, of the National Pensioners' Convention, which represents 1.5 million affiliated members, called on the public to "sit down in the road [and] take direct action" to fight the cuts. She predicted greater "radicalisation" across the country as the effects of the cuts started to be felt by ordinary people and said her organisation was already seeing a growing militancy in rural areas, where people were more reliant on disappearing services such as post offices.

Matt Wrack, general secretary of the Fire Brigades' Union, also called on communities to take matters into their own hands. "When they want to close down a youth centre, when they want to close down a school or a hospital, if communities want to occupy them we are going to support them. That's the sort of action we need to take to challenge this Government."
There were also growing signs there will be a fresh round of public sector strikes this autumn. The TUC general council announced it would back a call to consider the practicalities of a general strike – not seen in the UK since 1926 – while members of England's two biggest teaching unions announced industrial action short of a strike later this month.

Bob Crow, leader of the RMT union, told delegates they had to band together to take on the Government. "If you spit on your own you can't do anything," he told a fringe meeting on co-ordinating action, "but if you all spit together you can drown the bastards"

We wuz robbed

Brendan Barber, TUC general secretary, said, “Despite the crash, the economy has almost doubled in size over the last thirty years..." He added that the average full-time worker is now paid nearly £26,000 a year and if wages kept up with the growth of the economy, excluding the gap between high and low salaries, the average worker would now be earning £33,000 a year, making a £7,000 rise in pay.

Sadly, the trade union leader calls for what he describes as fair pay and declares this as a solution to the present recession.

The Party Line

Jim Sillars, a former deputy leader of the SNP, accused the current leadership of operating the most authoritarian regime in British politics by exerting “totalitarian” control over backbenchers.

Sillars pointed to the absence of dissent within SNP ranks over the recent legislation to create a single national police force, adding there had been an “astonishing spectacle” over “many years now of no rebellion against leadership policy and opinion.” He added: “If I did not know better, I would easily believe the leaders had been schooled in the old communist party, where the top, the elite, made the decisions and the rest fell into step automatically, with not a word of dissent. Totalitarian would be a fair description of Scotland’s majority party.”  It was “not possible” for all the SNP’s MSPs to be “in total agreement with Salmond, Sturgeon and Swinney, yet no-one has dared tell them to get lost. Those willing to be told to shut up seem happy to wait until the leadership issue edicts and statements – and follow whatever line is laid down for them.”

Food for thought

The futility of reform -- the Liberal government of Ontario has convened early from its summer recess to pass an education act that forces the teachers to show up on September 4th for the start of school, that forces a contract on them that invokes a pay freeze and loss of benefits such as sick days, that ignores the collective bargaining process entirely, and that suspends the right to strike. After a stormy education scene with the preceding Tory government, the Liberals entered a period of calm and Premier McGuinty actually calls himself the education premier. Many teachers say they feel betrayed but as the economic climate bites, what would you expect. The Liberals have crossed the line into neo-liberal policy. They have given the act the Orwellian title, The Putting Students First Act and have emphasized that they cannot raise wages and deliver all-day kindergarten at the same time, among several other things. The usual claptrap that sounds good but really expects the teachers to pay for educational services out of their wages. This is another example of the recent pit-bull attacks on workers and their wages and benefits, which is what we would expect in any recession.

While we are on the far right, The New York Times reported that Tom Morello, of the metal rap band Rage Against the Machine, described Romney's pit bull, Paul Ryan thus, " He is the embodiment of the machine that our music has been raging against for two decades. I clearly see that Ryan has a whole lot of rage in him; a rage against women, a rage against immigrants, a rage against workers, a rage against gays, a rage against the poor, a rage against the environment. Basically, the only thing he is not raging against is the privileged elite he is grovelling in front of for campaign contributions." Nuff said!

John Ayers

false friends

McDonald’s and Coca-Cola prove capitalism can co-opt anything … even worker uprisings.

“Marketers are adopting the theme of workers’ rights at a time when unions themselves are confronting declines in membership and influence,” notes the New York Times. “In effect, some labor experts say, they are turning a pro-worker theme on its head to serve the corporate interest.”

Advertisers are urging workers to commit small acts of so-called rebellion — like taking a vacation, or going on a lunch break.nThat’s the message McDonald’s sent this spring with a campaign called, “It’s your lunch. Take it.” Meant to promote the Premium Chicken Sandwich and the Angus Third Pounder Deluxe burger, it included tag lines like “A lunch revolution has begun,” “It’s time to overthrow the working lunch” and “A sesame seed of revolt has been planted.”  In one television advertisement, a woman gets up from her desk and announces, “I’m going to lunch.” Her co-workers try to dissuade her, telling her that the days of taking lunch are long gone. An inspired colleague stands up and says, “I’m going with her.” The music swells, he tears off the lanyard around his neck and adds, “I don’t want to be chicken, I want to eat it.”

The appeals to downtrodden workers keep coming. If a mere lunch break or a weeklong vacation is not enough of a respite, workers can enter a contest called “Take the Year Off,” sponsored by Gold Peak Tea, owned by Coca-Cola, will pay $100,000 to the winner to take a year off work to do whatever he or she pleases. The Facebook page features pictures of office workers under various states of duress. In one photo, a man in a suit rests his head in his hands as paperwork piles up around him. In another, a woman is seen kneeling against a file cabinet, her mouth open in a scream of desperation.

 A television ad for the Las Vegas Convention and Visitors Authority, called “Take Back Your Summer.” shows a woman who has had enough. Amid ringing phones and clicking keyboards she climbs up on her desk and shouts through her speakerphone: “I have 47 vacation days. That’s insane.” “Let’s take back our summer!” she yells as she raises a sign over her head with the phrase “Vacation Now” on it. “Who’s with me?”

“It’s an effort by management to co-opt the Occupy Wall Street spirit and redirect it to promote its product,” said Harry Katz, dean of the Cornell University School of Industrial and Labor Relations. “They are using it in a somewhat manipulative way.”

THE PROFIT MOTIVE IN ACTION

It is now two years since the horrific explosion that led to the deaths of 11 oil rig workers in the Gulf of Mexico and the largest oil spill in US history but it is still being fought over in US courts. "The Department of Justice filed a sharply worded brief with a court in New Orleans yesterday that accused BP of systematic management failures and a "corporate-driven, profit over safety" culture." (Times, 6 September) There is a lot at stake in this legal battle. If the events of the oil spill are judged to be an accident BP could be fined £4.5 billion but if its employees are found guilty of gross negligence BP could be fined £21 billion, followed by almost unlimited punitive damages. Behind the niceties of the legal struggle one thing should be apparent though. Every company inside capitalism has a "corporate-driven, profit over safety" culture. RD

UPPER CLASS ARROGANCE

Gina Rineheart, the Australian billionaire said to be worth A$29 bn. is not shy about boasting about her wealth. She is said to make nearly A$600 (£393) a second and blames Australian workers poverty on too much drinking and smoking. "Australian mining magnate Gina Rineheart has criticised her country's economic performance and said Africans willing to work for $2 a day should be an inspiration." (BBC News, 5 September) The news that a useless parasite such as Rineheart has an income of £393 a second should inspire workers throughout the world to get rid of the capitalist system. RD

A GREEK TRAGEDY

The present economic downturn is worldwide but Greece would appear to be suffering particularly at present. "One in three shops has been forced to close, and national unemployment has reached more than 20%. The number of down-and outs has increased by 25% over the past three years, while prostitutes work the streets of the city centre in broad daylight. Cases of HIV/Aids have exploded at a rate 1,450% since 2010 - a result of the growing sex trade and and a crumbling health-care system, which has suspended needle-exchange programmes used by drug addicts. The number of suicides in Athens rose by more than 25% last year." (Sunday Times Magazine, 2 September) Needless to say this modern Greek tragedy only affect the working class, the owning class in Greece continue to enjoy their usual affluent lifestyle. RD

THE PRIORITIES OF CAPITALISM

Capitalism is going through one of its recession, so politicians have got to find ways to cut expenditure. Cut the billions spent on armaments? Fat chance! Here is a more attractive prospect. "The NHS is putting patients' health at risk by denying them drugs and operations because of growing rationing being imposed to save money, the new leader of Britain's doctors has warned. The drive to meet demanding efficiency targets is so serious that the NHS is offering some GPs surgeries extra money if they send fewer patients for tests and treatment in hospital — a move condemned as "morally wrong" by Dr Mark Porter, the British Medical Association's recently elected chair of council." (Guardian, 1 September) Capitalism has nothing to do with "morals", it is only concerned about profit margins. RD