Tuesday, February 19, 2013

A crazy world

There are 870 million hungry people in the world today, experts estimate, yet around the world 1.3 billion tons of food is wasted every year.

Millions of tons of food, particularly perishable fresh produce, also go to waste in the developing world as a result of poor transport networks or lack of markets, storage facilities, and processing equipment.

“I have witnessed people throwing away tomatoes, vegetables, and fruits, among other produce, simply because they did not find a market for it, and they have nowhere to keep it,” said Jane Kathure Biashara, a Kenyan community development expert

Monday, February 18, 2013

HARD TIMES?

 
The idea that the present economic downturn is affecting everyone from the richest to the poorest was recently given credence by this report. 'Britain's richest man took a small cut in pay last year. Lakshmi Mittal, chairman and chief executive of Arcelor Mittal, banked $3.87m (£2.49) in pay and perks from the steel giant, down from $4m previously. .... Lakshmi Mittal's 40% stake in Arcelor Mittal is worth $10.3bn (£6.6bn). The Sunday Times Rich List estimates his fortune at £12.7 bn.' (Sunday Times, 17 February) Wow, a fall from $4m to a mere $3.87m. It's tough at the top! RD

Weans in need

One in five children is living in poverty in parts of almost every local council area in Scotland. Nearly all of Scotland’s local authorities – 27 out of 32 – have council wards where more than 20 per cent of their children live in poverty, according to the Campaign to End Child Poverty. Children were classed as being in poverty if their family is forced to live on 60 per cent or less of median UK income.

Children in the Glasgow North East constituency have 43 per cent classed as poor. A third of children live in poverty in Scotland’s biggest city of Glasgow, while Dundee had more than a quarter classed as poor. Edinburgh had almost one in five children in poverty, with a similar figure for Fife, East Ayrshire and North Lanarkshire.

 Recent forecasts indicate that at least 65,000 more children in Scotland will be living below the breadline by the end of the decade – a far cry from promises made in 1999 to end child poverty by 2020.


Percentage of children living in poverty
By local authority

Aberdeenshire 9%
Angus 14%
Argyll & Bute 14%
Clackmannanshire 23%
Dumfries & Galloway 17%
Dundee City 26%
East Ayrshire 22%
East Dunbartonshire 10%
East Lothian 14%
East Renfrewshire 10%
Edinburgh, City of 19%
Western Isles 11%
Falkirk 17%
Fife 20%
Glasgow City 33%
Highland 15%
Inverclyde 24%
Midlothian 18%
Moray 12%
North Ayrshire 25%
North Lanarkshire 21%
Orkney Islands 8%

Sunday, February 17, 2013

Socialism is the antidote


Some say the world is divided into independent, territorially-based states representing and pursuing the interests of capitalists from within their borders, and that the world economy is characterised by competing separate national capitals only. Others view the capitalist system as a single economy, even if divided politically and geographically, into separate “nation states”, and that the recent globalisation represents the emergence of a global capitalist class not tied to a particular national state. Those holding the latter idea fully understand that national states have not disappeared and are still powerful players in the capitalist economy but argue that the transnational capitalist class uses them, through favourable politicians and governments, to pursue its transnational interests (rather than them being used by a national capitalist class to pursue its national interests).

However, any transnational capitalist class would only be a section of the capitalist class of the world. There are still plenty of national capitalists, actual and would-be, whose interests are not the same as those of the transnational section. So, although political power in the advanced capitalist countries, may be in the hands of politicians favourable to transnational capitalists, there is still opposition to them. From the point of view of the transnational corporations, states no longer have important policy-making functions. It is enough if they enforce property rights and maintain basic infrastructure in areas important for business. Small states can do these jobs as well as large ones. In fact, they have definite advantages. They are more easily controlled, less likely to develop the will or capacity to challenge the prerogatives of global capital.

The ideology of national capitalism, reflecting the interests of small-scale capitalists, is still strong and finds support both from the “right” and the “left” who beat the same nationalist drum during the referendum debate. Being against capitalist globalisation is not the same as being against capitalism in general. We have ample past experience of a world of competing national capitalisms – quite enough to demonstrate that there is no good reason for preferring such a world to a world under the sway of global capital. Leftists such as the SSP in effect argue that workers should support national as opposed to transnational capitalism. Socialists, on the other hand, don’t take sides in this conflict between different sections of the capitalist class. Socialism will do away with all national oppression, because it removes the class interests that furnish the driving force of such oppression. Nor do we have any reason to assume that the nation, in socialist society, will form the basic politico-economic unit.

The Socialist Party is part of the World Socialist Movement which didn't get its name for nothing. Unique amongst all political parties left and right we have no national axe to grind. We side with no particular state, no government. We have no time for border controls. The world over, workers must do what they can to survive and resist capitalism. In many parts of the world that means escaping the tyranny of political terror or economic poverty. Workers should resist taking sides in the battles of the economic entities named on your passport.

Friday, February 15, 2013

One World Socialists


The Greeks in the 4th Century BCE  coined the term “cosmopolitan” – meaning citizen of the world and that all human ethnic groups belong to a single community.   Diogenes it is said was asked where he came from and he answered: "'I am a citizen of the world". Eugene Debs of the American Socialist Party at the turn of the 20th Century said "I have no country to fight for; my country is the Earth, and I am a citizen of the World."

The importance of local democracy has to be seen in the context of the modern world. People aren't just concerned about whether a piece of local land should be used for housing, growing food, a cricket pitch or left as it is. People are engaged with issues affecting them which extend far beyond their local areas. So, as well as being citizens of their parish or district they would also be citizens of the world with all the opportunities for, and responsibilities of decision making and action in every sphere of life. Some of the problems which face mankind are "whole-world" problems. People are beginning to think in world terms. More and more people are coming to appreciate world music and world theatre. Millions more follow world sporting events, and there is a growing consciousness that all humans are part of one world, that we share a common planet. As more than one astronaut has remarked, when looking down on the Earth you can't see any frontiers. Millions of people throughout the world are concerned about world poverty and world hunger and problems such as global warming and tropical deforestation.Think globally, act locally.

We are all one species. Our world is the only one we've got and we must share it with everybody. Socialists do not stand for world government because we are opposed to governments everywhere. One World represents an entirely different vision of the future to the "United Nations" or "Internationalism" which, as their names imply, are attempts to improvise a patchwork from the fragments which capitalism makes of the world. We are for the planned production and distribution of wealth on a world scale to meet human needs. To move forward the dispossessed of the world must now look beyond the artificial barriers of nation-states and regional blocs, to perceive a common identity and purpose. We seek a global community with no private property beyond immediate possessions, no need for money, no racism or sexism, no enslavement of children, no profit motive to drive the oppression of working people, no battles over personal interpretations of spirituality, and no disrespect for the 'other'.

The socialist aim is a world where we peacefully cohabit our home planet. There never has been, and never can be, socialism in just one country. No longer will there be governments and their state machinery, or national frontiers. Instead of government over people there would be various levels of democratic administration, from the local up to regional and world levels, with responsibility being delegated if necessary to groups or individuals. A united humanity, sharing a world of common interests, would also share world administration. It is sometimes said that world administration would mean power of central control over local democracy. We, however, envisage an integrated system that would be adaptable and could be used for decision-making and action on any scale between the local and the world. In socialism, for the first time, local communities will be free to make decisions about the development of their areas. These would be decisions about local services such as health, education and transport; public facilities such as parks, libraries, leisure centres and sports grounds; local housing, the siting of production units, management of farming, care of the local environment, cultural events, and so on. The principle of local democracy would be that decisions affecting just local populations would be made by them and not for them by any larger or outside body. Local communities, nevertheless, cannot be completely independent or self-reliant as far as meeting their material needs goes; they are interdependent. People in small communities aren't able to produce all they need, or anything like it. The final stage of the production of a range of goods for everyday use could be done locally -- food, clothes, shoes, furniture -- as well as repairs but most of the raw materials cannot be produced locally. It is a question of them being interlinked in a single network of production which in the end embraces the whole world.

There is in reality only one world. Capitalism brought into being the one world. It is high time we reclaimed it. We have no country but have a world to win. Socialists aren't dreaming up a “perfect” or an “ideal” world. What we struggle to establish is a better world. Why we should prefer Scottish rather than British police to be used against strikes and pickets? Why we should want the government that presides over the operation of capitalism in Britain to be situated in Edinburgh rather than London? We remain unconvinced that we should take sides in the referendum debate about the political structure for running capitalism today.

A Thieves Den

"Some will rob you with a six-gun, And some with a fountain pen." - Woody Guthrie

It has been described as the biggest banking fraud in history yet no-one has been prosecuted for the Libor fixing scandal. The financial rewards of rigging rates were, and are, immense. For example RBS’s rates, currencies and commodities group — the one where Libor rigging and other forms of market manipulation are believed to be commonplace — saw its income rise by 87% in the half year to June 2008, at a time when the overall income RBS Global Banking and Markets fell 10%. Royal Bank of Scotland admitted that between 2006 and 2010 staff based in London, Singapore, Tokyo and the US conspired to manipulate the global financial benchmark, the London Interbank Offered Rate (Libor) calculated in both Swiss Francs and Japanese Yen. By pleading guilty to one count of wire fraud in its Japanese arm, RBS managed to avoid having its US operations shut down by the US Department of Justice.  Libor is a global benchmark used to price some $300 trillion of contracts, ranging from mortgages to student loans to interest-rate swaps, calculated by averaging out submissions from up to 40 global banks.  Two other global banks have reached settlements along similar lines over Libor crimes. UBS was fined $1.5 billion (£950m) in December, and Barclays was fined $451m (£287m) in June 2012. A further 20 or so global banks are have yet to reach settlements. In the UK they are thought to include Lloyds Banking Group and HSBC.

“This is the biggest scandal, the biggest anti-trust felony, in the history of the world, and it continued for years,”
said Bill Black, associate professor of economics and law at the University of Missouri-Kansas City, and a world leading expert on financial crime. “Even after the investigation became public knowledge, the felony continued, and it continued with greater efforts being made to cover it up, with people being instructed to no longer to use instant messages and such like in order to make it harder for the regulators What is most stunning is that these traders and submitters were willing to say these things, knowing that there was a verbatim record being kept. What does that tell you not just about the institution itself, but also about the FSA and the Serious Fraud Office? That is the one of the most important and revealing fact that comes out of this. The perception inside the bank was ‘we don’t need to worry about those clowns’.” He added "The bank is too big to prosecute, it’s too big to run honestly... it’s created catastrophic harm to the British people. RBS holds the British economy and the British people hostage."


Since being found out by regulators, RBS’s strategy has been to blame junior and middle-ranking people for the scandal, claiming that no one at the top of the bank knew it was going on. This is surprising, given that in September 2007, the Financial Times’s Gillian Tett highlighted concerns that Libor was “a bit of a fiction” [FT 25 September 2007], and that in April 2008 the British Bankers’ Association sent a memo to ‘panel’ banks including RBS asking them to check their Libor submission processes and ensure they were “submitting honest rates” after the Wall Street Journal’s Carrick Mollenkamp highlighted “growing suspicions about Libor’s veracity” [WSJ 16 April 2008]. Some RBS traders who have been dismissed for Libor rigging argue that they are being used as scapegoats, claiming that their superiors  ‘condoned collusion’. Tan Chi Min, RBS’s ex-head of Japanese Yen interest-rate trading, declared that Libor rigging was a well-known and common practice at the bank in 2006-11. The FSA said that, in March 2011, RBS misled the regulator, indicating that it had put proper systems and controls in place when it had not.

Many believe the government and  authorities are being too soft on financial crimes, seeing mollycoddling miscreant financial institutions that it majority owns as more important than seeking justice. The fact that RBS’s share price rose on the day of its settlement suggests investors believe it got off lightly.  Neil Barofsky, former special inspector-general of the Troubled Asset Relief Programme and author of Bailout, said: "...each settlement on favourable terms reinforces the perception that, for a select group of executives and institutions, crime pays. It is only rational. They know that they will get to keep all of the ill-gotten profits if they go undetected, and on the small chance that they’re caught, most probably only the shareholders will pay – and only a relatively minor fine at that. The lack of meaningful consequences for those committing these frauds encourages future fraudulent conduct."



Adapted from here

Thursday, February 14, 2013

More Food for thought

The recent news has brought forward another horrific fire at a nightclub in Brazil as you have probably heard. These fires rival those at clothing factories for highlighting the sheer stupidity or outright nastiness of the system. Allegations from this latest one include security staff stopping patrons from fleeing from the fire as they hadn't paid their tabs (apparently it is the custom there to run up a tab and pay at the end of the night); fire extinguishers that do not work; allowing pyrotechnics by the band members to create a spectacle; expired fire permits; locked doors. Some may not be true but all of these things pop up regularly in these continuing tragedies. There must be thousands of places like this one just waiting for an accident to happen. One must ask why the system allows it. Where are the inspections, the licences, the authorities responsible? Obviously to demand a safe environment and proper supervision would cost money, drive investors away, and lose a large source of tourism dollars. Some system that engenders and accepts such madness for the only sure thing is that
it will happen again!  

John Ayers

FOOD FOR THOUGHT

It is popular for politicians to pretend that workers in Britain are enjoying steadily improving living standards, but from time to time the truth leaks out. 'Food prices are rising more than three times faster than the average worker's pay package as the cost of living 'crisis' continues, official figures revealed yesterday. While the average private sector worker's pay has risen by just 1.4 per cent - and millions of State workers are subject to a pay freeze - food prices have risen by 4.5 per cent in the last year, according to the Office for National Statistics. The crippling cost of the weekly trip to the supermarket is the most striking figure in the Consumer Prices Index (CPI) for January.' (Daily Mail, 13 February) A food price rise of 4.5 per cent against a 1.4 per cent wage rise? It doesn't take a master statistician to see the flaw in the "steadily improving standard of living" argument. RD

Wednesday, February 13, 2013

Food for thought

The level of paranoia in the US regarding guns and bad people around every corner has spawned some crazy solutions. In a small town in Texas, the local council elected to let teachers carry concealed weapons in the school. School Superintendent Thweatt commented, " We don't have money for a security guard, but this is a better solution. A shooter could take out a guard or officer with a visible holstered weapon, but our teachers have master's degrees and are older and have extensive training. And their guns are hidden. We can protect our children."
Better still, why not arm all the children, then you would have a couple of hundred shooters ready to blast away! John Ayers

Tuesday, February 12, 2013

worth every penny?

Sir Philip Hampton, chairman of the Royal Bank of Scotland, asserts that its cheif executive, Stephen Hester,  is only “modestly paid” - at £7.8 million a year. “Stephen is doing one of the most difficult, demanding and challenging jobs in world business. He has been paid well below the market rate compared to others in the same job.” Hampton explained.

Hester’s £7.8m package is made up of a basic salary of £1.2m, plus a maximum annual bonus of £2.4m and a further £4.2m that can be earned through the bank’s long term incentive schemes.

Monday, February 11, 2013

Food for thought

In 1994 when South Africans voted in Nelson Mandela's government in the country's first democratic election, education was the way to raise the level of the black population. Now, as South Africa grapples with poverty, economic inequality, crime, and soaring youth unemployment (welcome to the capitalist norm), the education system, which is training for a job, hasn't done anything to change South Africa. Of the 1.1 million born since 1994, less than half have taken the Graduation Exam and the ones who take it and pass (75%) are receiving something less than valid as pass marks hover around the 30-40% range, something that probably wouldn't get them a job if any were available. This is a failure of capitalist education that is job oriented and not to develop one's knowledge and person to the fullest. John Ayers

They never learn

The Russian Foreign Minister Sergei Lavrov says the fighters France is battling in northern Mali are some of the very same ones it helped arm in Libya.

General Martin Dempsey, chairman of the United States Joint Chiefs of Staff, said he favored the idea of arming Syrian militants.

Sunday, February 10, 2013

Food for thought

The International Energy Agency has said that the US will become energy self-sufficient by 2035 and is counting on massive expansion of the technique of fracking shale to get oil and gas. Sounds good but, as usual, it comes with a price. In this case environmental -- what happens to water tables, for example? The drilling industry refuses to disclose the toxins included in the fluid injected into the shale but it is known (Toronto Star, Dec 8, 2012) that it contains the carcinogens benzene and formaldehyde. This and a host of other problems will not stop the mad search for more oil and gas (and profit) as long as we tolerate this system. John Ayers

Global Govanhill

Govanhill on the south side of Glasgow is home to some 15,000 has people from an estimated 42 different nationalities living within one square mile. Why Govanhill?  The availability of cheap, private-let housing is one practical reason. Also, immigration is self-perpetuating – the presence of an established community makes it more likely others will come and settle. Govanhill was at one time a mining village outside Glasgow. It started to expand significantly from 1837 with the foundation of the Govan Iron Works, known to this day, even though it is long gone, as Dixon’s Blazes. The Irish also began to arrive in Glasgow in large numbers at around this time, estimated at more than 1,000 people a week during 1848 – escaping the famine and seeking employment. In the 1960s, with the demolition of the Gorbals tenements, a second wave of Irish moved to Govanhill. At the end of the 19th century, heavy industry began to draw Jews from Poland and Lithuania. Significant immigration from the Indian sub-continent, in particular from Pakistan, was a phenomenon first observed in the 1960s and 1970s. The sheer numbers of Irish and Asians living in Govanhill during this period led to the area being nicknamed Bengal/Donegal.

Along Allison Street you can daunder up and down and hear not a word of Glaswegian, spoken. It’s all Urdu, Romani, Slovak, Polish, Czech, Somali, Igbo and more. Much of the shop front signage is in Arabic. Completely dominant is the presence of food and drink. A smell of spice and other aromas so strong you can taste it: haleem; nihari; fried fish; dried fish; chana chat; chips; and, of course from the pubs the reek of beer. Available is lado, barfi and gulab jamun (balls of dough, deep-fried and dipped in syrup) or ewa agoyin – a Nigerian dish of beans and stew. Italian Scots  established so many beloved chippies and ice-cream parlours. The Asian immigrants started to arrive in the 1970s. Pakistan was the main country of origin, very few Indians.  There are  biryanis, daal, mustard-leaf saag and curry options, about half of which include meat on the bone – the traditional way of doing it, with way more flavour and naan bread. Also now on the multi-cultural menu is goja, a Romani word, the bowel of a pig stuffed with potatoes and garlic, then boiled or fried.

Since 2004, when Slovakia and the Czech Republic joined the EU, another ingredient has added flavour to the Govanhill melting pot – the Roma people. There are thought to be around 3,000 in the area, and in some parts of the district they appear to be the most populous group; one local primary school has a majority eastern European population and very few English-speaking pupils. The first Roma in Glasgow were asylum seekers from Slovakia, escaping racial hatred. Most, now, are economic migrants, coming from villages in the region of Michalovce. In Glasgow, they have found casual work in potato and chicken processing factories, though, increasingly, jobs are hard to come by. Romanian nationals have very restricted access to the benefits system, and there is anecdotal evidence that some Roma from that country, now living in Govanhill, cannot afford to feed themselves and thus go through the bins of private residences and shops, looking for food.

Kelly’s is one of a number of pubs in the area which cater to those remnants of the Irish population once so dominant here. Tony Mai Gallagher, 71, from Kincasslagh, Donegal moved to Glasgow in 1954 at the age of 12. He well remembers the anti-Irish, anti-Catholic prejudice of his earlier years, and this experience softens him towards the Roma. "Harmony is what we need.” he says

Taken from here

Saturday, February 09, 2013

Food for thought

lLast month I reported on the expanding military deployments of Japan.
This month it is the German's turn. Chancellor, Angela Merkle, recently
told a military gathering that German deployment overseas, "will soon
encompass the entire globe." The German defence minister concurred, "Now
we are in a position and have the duty, even, to make our impact felt."
This emphasizes yet again that capitalism is a competitive system where
everybody must look out for themselves and he who has the biggest club
wins. Not too far from our caveman days are we? John Ayers

class loyalty

The media and the political mouthpieces of capitalist ideology have done their job well. Scottish workers are being caught up by the "patriotism" of the referendum debate - either for independence or for the union. Capitalism has reached a point at which it threatens all humanity and not just the divided national, religious, racial (or other falsely labeled) identity groups.

The patriotism of the capitalist class is better called national chauvinism. This "patriotism" equates loyalty to the nation with loyalty to the capitalist-controlled government and its policies. It seeks the acquiescence of workers in the crimes, aggressions, depredations and depravities of the ruling class and its agents.  It is intended to trick workers into sanctioning whatever is deemed in the interests of the business class. It's nationalistic baloney asserts that our interests as a “nation” are totally bound up with, if not identical , to those of our exploiters. But as we know, in class societies the state does not serve everyone equally. Instead, its main efforts are directed to helping the class that rules over the economy. In capitalism, that means essentially helping the capitalist class accumulate capital, repress opposition to their exploitative rule, and legitimise all the forms in which this goes on.  But to do this job well, the state has to appear legitimate in the eyes of most of its citizens, which requires above all else that its consistent bias on behalf of the capitalist ruling class be hidden from view. The flag and other patriotic symbolism are crucial to the success of this effort. Throughout, emotions play a much larger role than reason or thinking generally, and the strongest emotion evoked by patriotism is the pleasure of belonging to a cooperative social community where everyone is concerned with the fate of others. Unfortunately, the social community only exists in the shadow of an illusory community dominated by the ruling economic class and its state, where none of this applies.

Then there is a form of patriotism to which workers should adhere; it is loyalty, not to the institutions of the nation, but to the people; more precisely, to the majority of the people -- the working class -- with whom they share a common material interest. For workers today, class consciousness -- loyalty to one's class -- is patriotism. International working-class interests are the paramount interests to be served -- not those of any capitalist nation state. Without solidarity to one's class and to one's comrades. workers are helpless in the face of the ruling class's monopoly of the means of production. If workers can stick together, they can respond to employers' control of work. Solidarity between workers is therefore an essential prerequisite for success in class struggle. Class consciousness is the key to working-class victory in ending the class struggle.

Patriotism works to disguise the real differences which exist amongst people—which are differences of class and which involve irreconcilable differences of interests—and to encourage workers to identify with the institution—the state—which is the primary defender of class society. The slogan “workers of the world unite” is in part a call on proletarians to acknowledge that their home is in the company of other members of their class wherever they are to be found.

Scotland is divided into two classes -- the working class and the class of employers/investors that lives off its labour.  We can wonder how a capitalist party which of course the SNP is can keep on winning all the elections. The answer often lies far less in their programs than in the flag and other patriotic symbols with which these programs come wrapped. Most workers vote against their class interests because they "love" their "country".

There are a various definitions of what class is. Many of them assign people to class groups on the basis of cultural and behavioural attributes such as dress, speech, education levels, shopping habits, and employment sector. Such concepts are fallacious in that they reduce class to a matter of choice, taste, when it is nothing of the sort. Whether you read the Sun or the Times, or whether you shop at Asda or at Sainsbury's, is entirely irrelevant. The middle class are, in reality, workers. They too have to sell their labour to a master in order to survive, and the fact that the wages of that labour may be more, or that the job may be “white collar” rather than “blue collar” is of no significance.

In essence, there are two classes: the working class and the capitalist or ruling class. What matters is your relation to capital. The working class are the vast majority of people on the planet, those who must sell their labour in order to earn a living and survive. The ruling class are, to use a rough figure, the top one-percent of society. They do not have to sell their labour or work, but instead are maintained by expropriating rent, interest, and profit from the working class who produce it. They are, in short, parasites. The bourgeoisie are united across the national divide and therefore so should we. The working class must unite to fight against attacks and refuse to be divided or distracted. This is the only way to defend the gains of the past and fight for a future society worth living in.

Working people have only one country—the planet earth. There is only one foreigner—the boss.


Friday, February 08, 2013

Food for thought

In a remote corner of the Amazon lies one of its most stunning sites --
a series of caves and rock shelters guarding the secrets of human beings
who lived there more than 8 000 years ago. The mining companies, with
the compliance of the Brazilian government have discovered iron ore in
the region, mined and sent to China to make steel. It's a huge source of
income for the country that is hosting the next Olympics and the World
Cup of soccer. Expansion of the mining operation will destroy the caves,
treasured by scholars. What a dilemma! What to do? As we know, capital
will win out in the end as logic goes out of the window. John Ayers

TOUGH AT THE TOP?

The new governor of the Bank of England has taken over this top post at a time when we are told we will all have to make sacrifices in order to get out of this economic slump. 'The next Governor of the Bank of England, Mark Carney, has been forced to defend his £800,000-a-year deal under questioning from MPs. Mr Carney's base salary of £480,000 is more than that of his US and European equivalents combined – and he will also receive a £250,000 housing allowance on top. ............... Justifying the housing allowance, Mr Carney pointed out that London was a far more costly place to live than his present home city of Ottawa. "I am moving from one of the cheapest capitals in the world to one of the most expensive," he said.' (Independent, 7 February) Mr Carney is an example to us all. He is prepared to scrape by in expensive London on a mere £250,000 housing allowance. RD

Thursday, February 07, 2013

Food for thought

Recent years have seen a massive flood in New Orleans caused by neglect, the sub-prime mortgage disaster, the Enron and Lehman Brothers scandals, several European countries on the edge of bankruptcy, wars in Iraq and Afghanistan, an un-civil war in Syria, massive unemployment around the world, blatant rape and genocide in the Congo, global warming, destruction of the land, sea, and air by pollution, deforestation, people losing their pensions, escalating violence, riots, and arson. Have we missed something? People tell us that socialism would bring chaos! John Ayers

Wednesday, February 06, 2013

BALDERDASH FROM A BILLIONAIRE

Socialists are not the only people to comment on the gap between the rich and the poor inside capitalism. Here is an Indian billionaire on the subject. 'Azim Premji, the billionaire philanthropist and chairman of Wipro, the IT service group, said that practices such as flying in American bands for weddings at $1 million a time were damaging in India, where official statistics last year suggested that 360 million people were living in the depths of poverty.' (Times, 4 February) Mr Premji's futile solution to the problem is philanthropy by the owning class whereas the solution of socialists is for the working class to abolish capitalism. RD