A SOCIETY OF DESPAIR

Capitalism kills millions in its wars. It starves millions to death amidst plenty, but the awful feeling of helplessness and despair that it engenders in everyday life can only be guessed at by the following statistics. 'The number of people taking their own life in the UK rose "significantly" in 2011, latest figures from the Office for National Statistics have shown. Some 6,045 people killed themselves in 2011, an increase of 437 since 2010.' (BBC News, 22 January) RD

A REDUNDANT SOCIETY

Capitalism is a social system based on slumps and booms and no amount of political posturing by so-called statesmen will change that. 'The number of jobless people around the world rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns. In a report, the International Labour Organization (ILO) said the worst affected were youth: nearly 13% of the under 24s were unemployed. It said global unemployment was projected to rise 5.1 million this year and by a further 3 million in 2014.' (BBC News, 22 January) This immense waste of human endeavour is the norm for capitalism. Inside world socialism think of the abundance that these millions of producers could contribute to society. RD

Banking on charity? Don't !

Charities lost a protracted battle against the banks.

The trustees savings banks which operated prior to 1986 had a tradition of charitable giving. When TSB Group plc was floated in that year there were established several charitable foundations. The Deed of Covenant dated 10 September 1986 by which TSB Group plc ("the Company") bound and obliged itself at quarterly terms to pay to the reclaimer the greater of "(a) the amount equal to one quarter of one third of 0.1946 per cent of the pre-tax profits (after deducting pre-tax losses) ... or (b) the sum of £9,730".

Following the banking crisis of 2009 and the takeover of Halifax Bank of Scotland, Lloyds Banking Group tried to change the terms of its relationship with the foundation. It wanted to half its donation and put its own staff on the foundation’s board. The following high-profile dispute resulted in the bank and foundation formally breaking their links, which will come into effect after nine years notice.

The foundation should have received £3,543,433 but the bank interpreted the small-print of accountacy rules to mean they were required to only pay £38,920 and has had this upheld by the Supreme Court.

There is enough food

Almost one billion children will be trapped in poverty by hunger and malnutrition by 2025 unless action is taken, a new campaign has warned.

 Kathy Galloway, a spokeswoman for the campaign, said: "In a world where there is enough food for everyone, the fact that not everyone has enough to eat is nothing short of a scandal.

 Actor John Michie, is supporting the campaign. He said: "We need to solve the underlying issues which create global hunger once and for all. People are denied access to land that could produce food. Parents work tirelessly, but still can't afford to feed their children. It's unfair, it's unjust and the truth is it's totally preventable. If we get enough Scots behind this campaign we can make world leaders listen."

Did the politicians listen in 2005 when hundreds of thousands of charities churches and celebrities marched in Edinburgh to "make poverty history"? Did they listen when tens of thousands besieged Bush, Blair and the G-8 at Gleneagles?

Socialist Courier over the years has witnessed numerous campaigns and pleas from well-intentioned folk and organisations but they have always fallen short in identifying the real cause of poverty and  hunger - the capitalist system and because of that failure they mis-direct their policies and solutions to symptoms and not the root of the problem. They repeat red herrings and political baloney. Reformers have wait for crumbs to fall from the overflowing plates of world capital.

  IF a socialist world came about we would be able to stop people dying from hunger immediately and rapidly increase world food production to reach a point where every person on the planet would have free access to sufficient good quality food to maintain good health. It is not a utopian fantasy – but a practical, revolutionary proposition. Let’s campaign for the abolition of capitalism and not misdirect our energies in pleading to politicians.

Part time job - full time poverty

Citizens Advice Scotland warned that the number of people in part-time work is pushing many to the brink of poverty.

Norma Philpott, chief executive officer of Citizens Advice and Rights Fife, said: “We are increasingly seeing people who are struggling to make ends meet because they can’t find work with enough hours. The rise in the number of people coming to us for help accessing food banks and the proportion of people turning to payday loans shows that many people who can only find part time work are being pushed into poverty.”

Food for thought

The Toronto Star Business section (1/12/12) reported that US home
improvement giant, Lowes, has offered $1.8 billion to buy Quebec-based
Rona. The idea is that the industry is somewhat 'overbuilt' in Canada,
meaning that the big players got greedy and expanded ahead of the
demand. The "good" thing would be that the takeover would lead to a
store 'rationalization' meaning reduction of the number of stores.
Somewhere in all this jargon is the fact that a lot of people are going
to lose their jobs -- but that's the last consideration when
accumulation of wealth is at risk. John Ayers

THE POLLUTED SOCIETY

 

The leaking Japanese nuclear plant has led to badly polluted waters around Fukushima, and has led many to be wary of the fish catch in the area. 'A murasoi fish, caught close the the Fukushima nuclear plant in Japan, is over 2,500 times the legal safe radiation limit for seafood, the plant's operator Tokyo Electric has revealed. ....... The Japanese government has admitted that levels of contamination in the area are very high, but says that high levels of cesium were only detected in fish that are found nearest to the site of the disaster.' (Independent, 21 January) This reassuring statement by the Japanese government must put local minds to rest, but we wonder how many MPs will be having a murasoi fish supper tonight. RD

Depressed Scotland

The number of people in Scotland prescribed antidepressants has reached record levels, with more than one in seven people taking the drugs. There has been a steady rise in usage. There were 1.26 million drugs dispensed in 1993/94, increasing to 5.01 million in 2011/12.

The diagnostic criteria for depression as two weeks of low mood, irrespective of any change in the circumstances of the patient which might have left them feeling down. It even proposes that being low two weeks after bereavement should be considered depression.

Glasgow GP Des Spence argues treating depression like a medical condition is distracting attention from what really makes patients unhappy. "I think we use antidepressants too easily, for too long and that they are effective for few people (if at all)." Dr Spence's  concern about the widespread use of antidepressants is they leave the real reason for someone's poor mood unexplained. He said: "Improving society's wellbeing is not in the gift of medicine nor mere medication, and over-prescribing of antidepressants serves as distraction from a wider debate about why we are so unhappy as a society."

She-Town

Jeanie Spence (Jute and Flax workers, Dundee), Lamont (National Federation of Women Workers), Agnes Brown (National Federation of Women Workers), Mary McArthur (national leader and general secretary of the National Federation of Women Workers) and Rachel Devine (Jute and Flax Workers, Dundee).

 In 1900 Dundee was associated with one product: jute. Jute was the cheapest of fibres, but it was tough. As such it was the ideal packing material. Jute bagging and jute sacks were used to carry cotton from the American South, grain from the Great Plains and Argentina, coffee from the East Indies and Brazil, wool from Australia, sugar from the Caribbean and nitrates from Chile. Dundee was ‘Juteopolis’ – synonymous with its main industry. This association of place and product was not unusual. We still link Clydebank with ships, Sheffield with steel, Stoke-on-Trent with pottery. Throughout the late nineteenth century, over half of Dundee's workforce worked in the textile sector, which, from the 1860s on, was dominated by jute. Migrant workers arrived in Dundee in thousands. By the end of the 19th century, the city had quadrupled in size. Many of the immigrants were from Ireland, poor and Catholic. Many Catholic Irish immigrants faced discrimination and bigotry in Presbyterian Scotland. They were attacked from the pulpit and in the street. The Irish women working in the jute mills of Dundee were an exception – they were widely accepted.

Raw jute was produced in significant quantities in only one region of the world: the deltas of the Ganges and Brahmaputra rivers in Bengal in India. And for a short period – long finished by 1900 – Dundee and the surrounding district had a near monopoly on its manufacture. The Dundee jute industry was composed of many firms, most of them carrying out only one part of the process of buying, transporting, manufacturing and selling jute. Big profits were made in jute, but these were invested overseas rather than in the local economy. From the 1870s on, investment trusts launched by Dundee businessmen, channelled enormous sums into foreign investments and particularly into American railway, land and cattle companies. Dundee's ‘jute barons’ preferred to invest in American stocks rather than in developing new industries in Dundee. The result left Dundee dangerously dependent on the jute industry.

Food for though

How capitalism creates war. Japan is beginning to wake up to the fact
that China is a military as well as an economic power as the latter
flexes its muscle in SE Asia. Japan is retaliating by providing its
first military aid abroad since WWII, spending millions on training
troops in Cambodia and East Timor and providing the Philippine Coast
Guard with 10 new cutters worth $120 million. In other words, it is
building alliances against China for future confrontations that would be
called on in the event of military action. Too bad they can't put this
kind of forward thinking into scientific, medical, and educational
activities that would benefit mankind! John Ayers

THE ACQUISITIVE SOCIETY

Every Sunday priests will rebuke society for its greed and trot out the old slogan of "blessed are the poor" and lecture the gullible about the evils of materialism. During the week however the church is a little less noble. 'Behind a disguised offshore company structure, the church's international portfolio has been built up over the years, using cash originally handed over by Mussolini in return for papal recognition of the Italian fascist regime in 1929. Since then the international value of Mussolini's nest-egg has mounted until it now exceeds £500m. In 2006, at the height of the recent property bubble, the Vatican spent £15m of those funds to buy 30 St James's Square. Other UK properties are at 168 New Bond Street and in the city of Coventry.' (Guardian, 22 January) RD

Who put the swizz in Switzerland

Statistics say the Swiss are the richest people in the world, with net financial assets of nearly $148,000 per capita. That is a third more than the average for the next two wealthiest nations-Japan and the United States. But the ownership of that wealth, including stocks or physical assets such as land and housing, is much more unequally shared in the nation. 

The top 1 percent in Switzerland control more than a third of the nation’s wealth, which is slightly larger than the share owned by the richest 1 percent in the United States. Switzerland also has the highest density of millionaires in the West, with 9.5 percent of all households having $1 million or more, and the greatest number of ultra-rich families - 366 households worth more than $100 million. Ten percent of all the world’s billionaires live there. The number of super-wealthy foreigners lured to Switzerland has doubled in the last decade, to more than 5,000. Their taxes are based on the rental value of their property rather than their income or wealth, on the condition that they do not work in the country.

Swiss companies accounted for five of the top 10 best-paid chairmen in Europe in 2011. Nestle Chairman Peter Brabeck has accumulated a fortune of up to $215 million. Credit Suisse’s  CEO, Brady Dougan received $75 million stock windfall he received in 2009. The annual list of Switzerland’s wealthiest 300 people published by Bilanz names has Ikea founder Kamprad in first place, at $38 billion.

China's class struggle

More than 1,000 furious migrant workers besieged a factory in Shanghai and held 18 Japanese and Chinese managers against their will for more than a day, after the workers were subjected to unequal regulations. 400 police freed the managers.

The workers of Japanese electronic appliance maker Shanghai Shinmei Electric staged a strike and besieged the factory for two days following the introduction of a new factory policy calling for heavy fines, demerits or immediate termination for workers who made a mistake.

A worker wrote via a microblog about the desperate situation management allegedly put them in. "We earn less than 2,000 yuan a month, but we could be subjected to fines of 50 to 100 yuan for arriving late or spending more than two minutes in the toilet,"

 The National Bureau of Statistics last week revealed the country’s Gini coefficient – which measures income inequality. The official figure of 0.474 is a belated acknowledgment that China has a serious problem. On the Gini scale, 0 is perfect equality and 1 is total inequality – any rating above 0.4 is considered to be dangerous to social stability.

AN AMORAL SOCIETY

Capitalism is a competitive and complex social system, with major banks and investment companies speculating on which way the market trends will go. 'Goldman made about $400m (£251m) in 2012 from investing its clients' money in a range of "soft commodities", from wheat and maize to coffee and sugar, according to an analysis for The Independent by the World Development Movement (WDM). ..... Christine Haigh of the WDM said: "While nearly a billion people go hungry, Goldman Sachs bankers are feeding their own bonuses by betting on the price of food. Financial speculation is fuelling food price spikes and Goldman Sachs is the No 1 culprit."' (Independent, 20 January) M/s Haigh may condemn such speculation and speak in moral terms about world hunger, but capitalism is amoral and its only goal is profit. RD

A SICK SOCIETY

If you are a member of the owning class you can afford the best that society can provide. Along with the best food, clothing, housing, travel and education, you can also enjoy the best of medical treatment. If you happen to be a member of the working class you suffer a much different fate. 'Last night, Jeremy Hunt, the Health Secretary, said there is poor care "dotted" all over the NHS of the kind that was uncovered at Stafford Hospital. Between 400 and 1,200 more patients died than expected at the hospital due to poor care. Failures at the hospital included patients left in soiled bed sheets and lacking pain relief.' (Guardian, 21 January. RD

O Dear me, The Jute Mill

"O Dear me the World is ill-divided...Them that work the hardest, are aye the least provided"
 The Jute mill song is based on the experience of women workers in Dundee who would work up till they had their babies and then had to scrape a living from pitiful wages. It reflects on the deep inequality in society. It speaks to a great many people then and now on how working for a wage feels like degradation with little to show for it at the end of the day. The lyrics manage to convey the lack of time in the workers life. Wage labour swallows it up and divides it into blurry sections called work and rest. They are always on the clock.

Buying Scotland

Billionaire Danish fashion magnate, Anders Holch Povlsen, has become the second-largest private landowner in Britain with the purchase of the 20,000 acre Gaick estate in Inverness-shire.

 Povlsen already owns the Glenfeshie, Ben Loyal and Kinloch estates, has increased the 43-year-old's land portfolio in Scotland to around 150,000 acres. It is second only to that of the Buccleuch Estates, with an estimated 280,000 acres. He has been criticised in some quarters for mounting a "land grab" of Scotland to take advantage of farming subsidies.

Rob Gibson MSP, a member of the Scottish Government's Land Reform Review Group, told The Herald: "It will be interesting to see what plans this gentleman has in terms of biodiversity and the local community. Some estates are used as private kingdoms by their owners..."

Povlsen, whose family owns Bestseller, the Danish fashion company that last year had a turnover of £2bn, also has substantial farming interests in his home country and owns areas of forestry in Romania.

Drop in pay

The real value of average earnings of all employees resident in East Lothian has dropped by 13.3 per cent since April 2008, new research has revealed. 

The Scottish Borders, the drop was 20.3 per cent.

In Scotland as a whole a 9.5 per cent drop in the real value of earnings

Deprived Scotland

A boy born in the most deprived 10 per cent of Scotland would have a life expectancy of just 68. That is eight years younger than the national average, and 14 years below boys born in the least deprived parts of the country.

 Rates of mortality for heart disease are twice as high in deprived areas, at 100 per 100,000 under-75s, compared with the national average. Cancer mortality rates are 50 per cent higher in poorer areas, at 200 per 100,000.

The number of Scots aged under 25 who are out of work has doubled to 90,000 since 2008, the Joseph Rowntree Foundation said.

The report also highlighted the rise in part-time employment, from 70,000 in 2008, when the economic crisis hit, to 120,000 now.

The Scottish Government insisted Westminster benefit cuts were the biggest threat when it came to poverty and inequality. Julia Unwin, chief executive of the Joseph Rowntree Foundation, said: “The Scottish Government has powers to do a lot now. They don’t need to wait for constitutional change."

Food for thought

In the financial pages of the press it was recently announced that to
remain profitable Canadian Pacific Railway Ltd. Would cut 4 500 jobs by
2016. Citigroup Inc., recovering from the financial crisis stated that
it cutting 11 000 jobs worldwide to save $1.1 billion a year in
expenses. For a company to survive it must make a profit and sometimes
that involves firing people. These are the iron-clad laws of capitalist
economics that will never change under the profit system. Insecurity for
all workers is a by-product of it. John Ayers