Thursday, May 14, 2009

IT PAYS TO TALK?

"BT has said it will cut about 15,000 jobs this year, mostly in the UK, and has reported an annual loss of £134m. The firm also said it had cut 15,000 jobs in the past year, which was 5,000 more than had been expected." (BBC News, 14 April) RD

THE PRIORITIES OF CAPITALISM

Every year billions of dollars are spent on the research and production of more and more powerful weapons. Inside capitalism it is essential to keep ahead of your trade rivals. Research into diseases or even the simple production of medicine is of a very low priority compared to arms production. "Pneumonia gets very little attention from donors or the public health community, yet it kills more than two million children a year, according to Unicef and the World Health Organization. To put it another way, if you spend five minutes reading this column, at least 19 kids will die of pneumonia in that time. That’s more than will die of AIDS, malaria and measles combined. Yet pneumonia goes ignored. It is the orphan of global health, attracting negligible investment." (New York Times, 9 May) RD

AN ARROGANT EX-WORKER

Socialists are often annoyed at the disparaging, dismissive fashion of speaking adopted by the capitalist class when dealing with members of the working class, but something that annoys us even more than that is members of the working class sneering at other members of the working class less fortunate than themselves. Perhaps the worst example of this we have come across recently is the following.
" Wealthy Celebes queued up this week to condemn the new 50% tax rate for high earners, warning that it could lead to an exodus of talent. Monday's Daily Mail quoted Sir Michael Caine saying that "if it goes to 51%, I will be back in America... We've got 3.5 million layabouts on benefits, and I'm 76, getting up at 6am to go to work to keep them." (Guardian, 2 May)
Excuse us Sir Michael (formerly known as Mr Michaelwaite) if we wish you bon voyage - preferably in a very leaky ocean liner. RD

Who Owns the North Pole Part 16

See our companion blog Socialism or your Money Back for the most latest development on Russian expansionist policy statement

Wednesday, May 13, 2009

HOME, SWEET HOME?

" Home values in the United States extended their fall in the first quarter, with more than one in five homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said on Wednesday. U.S. home values posted a year-over-year decline of 14.2 percent to a Zillow Home Value Index of $182,378, resulting in a total 21.8 percent drop since the market peaked in 2006, according to Zillow's first-quarter Real Estate Market Reports, which encompass 161 metropolitan areas and cover the value changes in all homes, not just homes that have recently sold. U.S. homes lost $704 billion in value during the first quarter and have depreciated $3.8 trillion in the past 12 months, according to analysis of the reports. Declining home values left 21.9 percent of all American homeowners with negative equity by the end of the first quarter, Zillow said. By comparison, 17.6 percent of all homeowners owed more on their mortgage than their property was worth in the fourth quarter of 2008, and 14.3 percent were underwater in the third quarter of last year, the reports showed." (Yahoo News, 6 May) RD

Tuesday, May 12, 2009

NOT SO BOASTFUL NOW

Not so many years ago it used to be the boast of industrialists and politicians alike "What is good for General Motors is good for America". This simplistic mantra was always trotted out in defence of capitalism during the post war boom of US industry and trade but supporters of US capitalism will have to look elsewhere for consolation today.
"General Motors, North America’s biggest carmaker, reported a $6bn first-quarter net loss and an accelerating cash drain on Thursday, underlining the pressure it faces to gain concessions from stakeholders or face bankruptcy. The troubled automaker warned that prolonged uncertainty over its financial condition risks creating a vicious circle of shaky consumer confidence and falling production and sales." (Financial Times, 7 May)
It is no sense in a "told you so" mood that socialists note the boom and slump nature of capitalism has asserted itself once more. After all it is our fellow workers in the US and elsewhere who will have to bear the prospect of unemployment, re-possession and insecurity. What we ask the working class to do is to consider the socialist alternative to this mad market system. We asked you to do so during the boom we continue to ask you to do so during the slump. RD

Monday, May 11, 2009

CONTRASTING LIFE STYLES

In the same day's newspaper we can read of the contrasting life styles of people inside capitalism. About 140,000 people died in the storms that raged through Burma. The poverty stricken survivors were at first denied aid from Unicef and Save the Children by the Burmese government. Eventually these organisations were admitted and attempted to give aid to the survivors including thousands of orphans. The begging bowl was passed round by charities desperate to aid these kids. Contrast that with another item on the same day. The champagne industry was concerned that some of its customers were finding it difficult to uncork their bottles, so no expense was spared in dealing with this problem. "Bruno de Saizieui, Alcan's commercial director, said: "At first we tried a screwtop but found that a symbolic noise was not there. It was our priority to keep this specific and evocative sound of champagne opening." After three years and 1 million euros (£885,000) in research, they came up with an aluminium device like that on beer bottles." (Times, 6 May)
The cry of starving orphans was drowned out by the "specific and evocative sound of champagne opening." Another tragic example of capitalism's priorities. RD

THEORY BECOMES PRACTICE

When the G20 leaders met in London to discuss the current economic crisis one of the theories about dealing with crisis they must have discussed would have been that of J.M. Keynes. He had argued that in the event of a downturn in the capitalist economy governments should spend more in order to boost confidence and spending power. Judging from recent reports they seem to have taken his advice to heart, though not in the way that Keynes meant.
"Taxpayers were left with a bill of around £500,000 for wining and dining the G20 leaders, their spouses and aides, it was reported today. The cost of a series of dinners laid on for dignitaries ahead of the 2 April summit in London added up to more than £66,000, with VIP guests drinking 136 bottles of wine worth £6,000, according to figures obtained by the Independent under the Freedom of Information Act." (Guardian, 7 May) RD

Sunday, May 10, 2009

Food for Thought 3

- Are workers better off than ever today? A moot point. It’s a fact that much of our wealth is derived from credit. Canada’s credit cards doubledto 68 million, 1998 to 2008, with 682 000 considered delinquent. Eventhough the present crisis is attributed to bad credit, the card offers arrive every week. The credit card is the golden goose that fueled massiveconsumer spending regardless of the consequences.
- We have no money for hospitals that are cramped by artificial budgets that constantly mean lay-offs, even for nurses. We have no money for education – can’t keep the swimming pools open that have been built into practically every Toronto school. We have no money to eradicate poverty,homelessness etc., but at the G20 meeting in London, one trillion dollars was found to fund IMF loans to countries in trouble, which means they will be in even greater trouble should they accept the loans. Generally, forevery dollar that is loaned to developing countries, $7 comes back, whichis why they will always be ‘developing’.
- Auto workers continue to take criticism, even from other workers, as the cause of their own demise, even though they, like all workers, have absolutely no say in what is produced, or how much. Their hourly wages are continually quoted by the capitalist press including their benefit package, although this is never done in any other case. The facts, of course, that they earn an average of $34/hour, are ignored. Consider this,in 1992, GM produced 4.4 million cars with a workforce of just under 300000. In 2007, GM produced 4.5 million vehicles with approximately one third of that work force. That kind of productivity must have brought massive profits from the workers’ efforts that should have resulted in a very financially strong company.
What happened?
John Ayers

Friday, May 08, 2009

May Dayschool 2009


Saturday 9 May 1.00pm till 5.00pm

Banks:Who needs them?


Capitalism in Crisis:

1.00 - 2.15pm 2009: The Year of Economic Crisis.

Speaker Brian Gardner
Glasgow Branch.

This year has seen the collapse of banks, of building societies and the closure of factories and retail outlets. As millions of workers throughout the world face the re-possessions of their homes and the grow-ing fear of unemployment we ask why the economic bubble has burst. We look at the various "solutions" that are offered to alleviate the problems and analyse what can be learned from previous eco-nomic slumps. Previously abandoned by political econo-mists the old ideas of Keynes have made a startling come-back to the extent that many politicians are now espousing his ideas as a solution to the present economic woes. We look at the problem from a Marxist viewpoint and con-sider whether these ideas have value in today’s context.

2.15 - 3.30pm The Environment in Meltdown?

Speaker, John Cumming
Glasgow Branch

How serious is the threat to the global environment? Is the melting of the polar ice pack a product of global warming caused by natural causes or the over production of carbon gases? Is the growing water shortage as serious as depicted and is there any possible solution? Is man-made pollution the cause of the threat to the world's oceans and the possible destruction of the marine food chain? All these inter-related pollution problems are examined from a socialist analysis and some of the proposed solutions are examined.

3.30 - 3.45pm Tea break


3.45 - 5pm Can Socialism Solve the problems?

Speaker Paul Bennett
Manchester Branch

Modern society has produced immense social problems. We have millions of people existing on less than a $1 a day in-side a system that could produce enough food, clothing and shelter to satisfy all human needs. We have magnificent ad-vances in human knowledge but seem incapable of solving problems like world hunger, poverty and war. Wealth today takes the form of commodities - articles produced for sale with a view to making a profit. The Socialist Party is unique in that its only aim is world socialism - a society where everything is produced solely to satisfy need not make a profit. How would this new society based on common ownership operate? Could it solve the problems of capitalism?

Looking forward to seeing you all there.

NUCLEAR NIGHTMARE

"Loss of control in nuclear-armed Pakistan threatened the world with the worst global crisis since the 1962 Cuban Missile Crisis, the closest the world has ever come to nuclear war, a senior former US diplomat warned on Tuesday. The stark warning comes as US President Barack Obama meets the leaders of Pakistan and Afghanistan at the White House on Wednesday to discuss efforts to stabilise their countries in the face of Islamist insurgencies. It also comes as the international community fears a possible breakdown in the security surrounding Pakistan’s 100 warhead nuclear arsenal and their capture by religious extremists."
(Financial Times, 5 May) RD

CHARITY BEGINS AT HOME


Richard Laing, CDC's chief executive, saw his income rise to £970,000 in 2007
"As the boss of the publicly owned company which invests billions of pounds of taxpayers' money to alleviate global poverty, Richard Laing is one of many dedicated to improving the finances of the poorest of the poor. But few engaged in the battle to relieve the suffering of the developing world can count on a pay package of nearly £1m as their reward. The "extraordinary" remuneration received by Mr Laing as chief executive of CDC Group Plc, a little-known investment body that is wholly owned by the Department for International Development and controls assets worth £2.7bn, is revealed today in a stinging report by the Westminster spending watchdog. Between 2003 and 2007, Mr Laing, a 55-year-old Cambridge engineering graduate, saw his income rise from £383,000 to £970,000 as investments in projects from a Nigerian shopping mall to a Chinese egg producer reaped handsome returns." (Independent, 30 April) RD

Thursday, May 07, 2009

WORDS OF WISDOM

Washington – More than 100 protesters upset with the way world leaders have handled the economic crisis clashed with police Saturday outside the International Monetary Fund and World Bank meetings. Authorities used batons and pepper spray when activists tried to march onto a prohibited street, and several people were pushed to the ground by police. The protesters swarmed officers unexpectedly, and police had to respond, said D.C. police Capt. Jeffrey Herold. ...Earlier, demonstrators tried to block three intersections, including an area near hotels where they said meeting delegates were staying. But in each case, the protesters were steered back to the sidewalk by police. Nicole Davis, 22, of Washington, who participated in one of the morning blockades outside a hotel, said police physically lifted her and nine other protesters and moved them from the street to the sidewalk. Davis said IMF and World Bank policies are hurting the poor."Capitalism clearly is not working," Davis said. "I think there needs to be a different system." (Yahoo News, 25 April) RD

THE FAILURE OF REFORMISM

The Socialist Party have always argued that a policy of reforming capitalism by a series of legislative acts while leaving intact the basis of this class divided society is doomed to failure. The Labour Party and other reformist organisations have maintained that this is the only way to deal with social problems. So what do these reformers make of the following report?
"Millions of people have been condemned to live under "social apartheid" by 30 years of poor housing policies, a damning report on council estates will say this week. The 107-page report, to be published on Friday, condemns successive governments for pushing poorer people into what it condemns as "social concentration camps" set away from private housing, jobs and shops. Children born on such estates are more likely to end up unemployed, suffer mental health problems and die younger than their counterparts in private housing, says the study by the Fabian Society. ... According to the Fabians, children bought up in social housing now have far fewer life chances than half a century ago, because they are concentrated on increasingly ghettoised estates. Those born after 1970 in council homes are twice as likely to suffer from mental health problems than those born in 1946 in public housing, 11 times more likely to be unemployed and not in training or education, and nine times more likely to live in a household where nobody has a job." (Independent, 3 May)
It is somewhat ironic that this report has been prepared by the Fabian - an organisation whose very basis is one of a policy of reformism! RD

Wednesday, May 06, 2009

Food for Thought 2

- How is the War on Poverty going? Carol Goar’s column in the Star is titled “So Much Patience and Hope, So Little Momentum”.
The provincial government is long on talk, slow to act. The cabinet committee on poverty reduction was disbanded in December and its ‘commitments’ farmed out toother agencies, probably to be buried. As social assistance case loads spiked due to the recession, the Liberals began to back off and a split appeared between those who supported public hearings and those who didn’t want the public to hear more welfare recipients describing their lives.Goar writes, “There is a large gap between the government’s intentions and anti-poverty activists’ expectations.
Basically, nothing is happening,then.
- Pensioners, mainly auto workers, worried about their pensions, rallied at Queen’s Park recently to make a statement re pension guarantees that seem to be disappearing rapidly with the health of the auto companies. - Some employers are apparently taking advantage of the recession to fire pregnant women and disabled or injured workers on light duties. As the CBCradio parody went :
Boss: Come into the office for a conference.
Pregnant woman: Is there a problem?
Boss: We are terminating you.
Pregnant woman: You can’t do that, it’s against the law unless you are downsizing.
Boss: We’re downsizing now, starting with you!
- Reforms get us nowhere, like running on a treadmill. Time for theRevolution!
- Examples of how crapitalism functions
– 1. Bringing forward a malariaVaccine – for decades, malaria sufferers have been ignored and have died by the millions because the large pharmaceutical companies (just a few dominate the market) have ignored the problem because it’s not profitableto make drugs that poor people cannot afford to pay for. John Cohen, head biologist at Glaxo-Smith-Kline, is getting close, after 22 years of research (Toronto Star, 25/04/09). The question is, will it be availableto all sufferers, or just those who can pay? The article admits, “It also wasn’t a priority because a vaccine geared to Africa just isn’t amoney-maker for drug companies.” Could anything be more stupid?
2. A Toronto Star article (26/04/09) documents the demise of Toronto’s industrial area and lists the many factories that have closed there. A picture shows an older lady standing beside an electric stove, still operational and looking good, that she helped to build in the 1950s.Today, manufacturers give a one-year warranty and have a life expectancyof five to ten years. Two of the five new appliances I bought four years ago have broken down with major problems. The tendency to cheaper quality goods to enhance profits and damage the environment is plain for all to see.
3. The modern trend in almost every industrial sector, and, frighteningly, this includes prescription drugs, is to let the producer be the inspector of health and safety. A Toronto Star article (24/04/09)begins, “A senior federal veterinarian says Canada’s Food Safety Agency is compromising public health by putting slaughterhouse workers in charge of deciding when poultry is too diseased or contaminated for human consumption.” The proper veterinary training includes in-depth knowledgeof animal pharmacology, pathology, microbiology, virology and pathogeny.By contrast, meat plant workers assigned to reject potentially dangerous poultry are trained for four weeks, at most.
Works well for profit! Capital trumps common sense again!
John Ayers

Tuesday, May 05, 2009

SKIMMING MORE PROFIT

There is a popular concept of the medical professions as being above sordid commercialism and being motivated only by care for human suffering. However, we live inside a capitalist society where the profit motive pervades every field of human activity. This news item is an example of how this lust for profit can lead to unnecessary suffering, even death.
"Stocks of hundreds of medicines are running low as British pharmacies export UK supplies to profit from the weakness of the pound. Evidence has emerged that pharmacists are over-ordering drugs, a practice known as "skimming", with a view to selling the stock overseas and profiting from higher prices in foreign currencies. ...The wholesalers fear that the exports, which have led to temporary shortages, could potentially keep some patients from receiving the medicines they need in time and result in death." (Times, 4 May) RD

Monday, May 04, 2009

TROUBLE AHEAD?

"Norway's foreign minister on Tuesday called for peaceful cooperation in the Arctic as the region's five bordering countries vie for potentially lucrative natural resources. "High North, low tension," Foreign Minister Jonas Gahr Stoere said prior to the opening of an international conference in the northern Norwegian town of Tromsoe on the Arctic's melting ice. "We will as responsible governments and coastal states be able to manage the challenges and opportunities of this region without gliding into conflict and negative competition," he told reporters. The US Geological Survey says the Arctic region could hold 13 percent of the world's undiscovered oil reserves and 30 percent of its undiscovered natural gas.The resources are expected to become increasingly accessible as the Arctic ice cap melts.The race for the riches -- which are still technically difficult to exploit -- has been accompanied by rising militarisation in the region. NATO has announced plans to play a growing role in the region, and Russia also plans to deploy military units there.Territorial claims in the Arctic came to the fore in 2007 when Russia planted its flag on the seabed some 4,000 meters (13,100 feet) beneath the North Pole."
(Yahoo News, 28 April) RD

TROUBLE DOWN UNDER

Australia will spend more than 70 billion US dollars boosting its defences over the next 20 years in response to a regional military build-up and global shifts in power, the government said. A long-term strategic blueprint for the future of Australia's armed forces warned that war could be possible in the Asia-Pacific region in the next two decades, as emerging powers such as China flexed their military might." (Yahoo News, 2 May) RD

Sunday, May 03, 2009

Food for Thought

The futility of Reform. --The auto workers are finding out with avengeance what a recession means to wages and benefits. What has been gained over decades has been tossed out of the window in a heartbeat. In a deal with GM, the union was forced to accept the loss of semi-private hospital coverage, tuition programs, some bonuses, savings on vehicle purchases, drug dispensing costs, financial protection during layoffs, relief time in plants, and allow more ‘flexibility’ in the use of part time workers. Chrysler, asked for even more – a reduction in labour costs of $19 per hour, among other things. John Ayers

Saturday, May 02, 2009

May Day School


May Day School

Banks:Who needs them?

More info? Click image or here

Saturday 9 May 1.00pm till 5.00pm
Capitalism in Crisis:

1.00 - 2.15pm 2009: The Year of Economic Crisis.
Brian Gardner (Glasgow Branch)

2.15 - 3.30pm The Environment in Meltdown?
John Cumming (Glasgow Branch)

3.30 - 3.45pm Tea break

3.45 - 5pm Can Socialism Solve the problems?
Paul Bennett (Manchester Branch)
Community Central Hall 304 Maryhill Road Glasgow

Today Edinburgh tomorrow..




SPGB members and sympathisers will be out and about at the Mayday rallies in Edinburgh and Glasgow this coming weekend, distributing Socialist Standards and leaflets .




Mayday belongs to the workers – we have a world to win, and we can win it.

LABOUR IN ACTION

LABOUR IN ACTION

The World Bank recently estimated that 2.8 million children could die by 2015 if the global financial crisis is not checked. Commenting on this the Prime Minister Gordon Brown commented: "It is as if the entire population of Rome were to die in the next five years." (Times, 21 February) This from the leader of the Labour Party who vigorously defend the killer society that is the buying and selling of capitalism. Hypocrisy cannot go further surely when Gordon Brown suspends parliament debate because of the death of the child of one of his opponents in a vote catching move. He will not of course suspend the running of capitalism or its parliament about the possible death of 2.8 million kids.

Friday, May 01, 2009

A DANGEROUS SOCIETY

Stoked by the relentless drive for profits every developed capitalist nation in the world is armed to the teeth in preparation for possible armed conflict with its rivals. Now it transpires that it is not only its rivals that should fear this growing arms race. Radioactive waste from the Faslane base is polluting the Clyde near the large city of Glasgow.
"Britain's nuclear submarine fleet has been hit by a series of serious safety breaches involving repeated leaks of radioactive waste, broken pipes and waste tanks at its home base on the Clyde, the Ministry of Defence has disclosed. In a confidential report released under the Freedom of Information Act, the MoD has admitted that safety failings at the UK's main nuclear submarine base at Faslane, near Glasgow, are a "recurring theme" and ingrained in the base's culture. The worst breaches include three leaks of radioactive coolant from nuclear submarines in 2004, 2007 and 2008 into the Firth of Clyde, while last year a radioactive waste plant manager was replaced. It emerged he had no qualifications in radioactive waste management."
(Guardian, 27 April) Truly, capitalism is a dangerous society. RD

Thursday, April 30, 2009

IT’S A MAN'S LIFE?

"Washington – The Army has approved new guidance to military commanders in an effort to stem the rising toll of soldier suicides, officials said late Thursday. The plan includes hiring more mental health workers and tightening the way officials handle drug testing, health screening and a host of other long-standing procedures that in some cases became lax, according to officials, as the Army focused on fighting two wars. Army leadership has become more alarmed as suicides from January through March rose to a reported 56 — 22 confirmed and 34 still being investigated and pending confirmation. Usually, the vast majority of suspected suicides are eventually confirmed. The 2009 number compares to 140 for all of last year, a record blamed partly on strains caused by repeated deployments for the wars in Iraq and Afghanistan."
(Yahoo News, 23 April) RD

Wednesday, April 29, 2009

WHAT IS THE ANSWER?

You have just received a leaflet from an organisation called "WaterAid" . It could break your heart. Here is what it says
"Every 17 seconds a child in the developing world dies from water-related diseases. In around the time it takes you to read the next paragraph, a child somewhere will die. ...In just two minutes, seven more children will have died. Please help now."
It is powerful stuff but of course it is pointless. Socialist for over a hundred years have pointed out that charity does not help the problems of capitalism - it keeps them going. If you really wish to help the underprivileged, poor, starving and thirsty children of this world you will organise for a new society that makes charity impossible. We call it socialism. RD

CAPITALISM IS A DISASTER

"Hundreds of millions of people will become victims of climate change-related disasters over the next six years, Oxfam said Tuesday, urging governments to change the way they respond to such events. The British-based aid and development charity estimated the number of people affected by climatic disasters would rise by 54 percent to 375 million people a year on average by 2015, based on data on similar disasters since 1980. In a new report, it warned that humanitarian aid spending and the way it was allocated was far from prepared to meet the challenge." (Yahoo News, 21 April) RD

Tuesday, April 28, 2009

THE PRIORITIES OF CAPITALISM


A mosquito net over the door of 10 Downing Street, home of the British Prime
Minister to mark World Malaria day.




Every year billions of dollars are spent on the research and production of more and more powerful weapons. Inside capitalism it is essential to keep ahead of your trade rivals. Research into diseases or even the simple production of medicine or mosquito nets is of a very low priority compared to arms production. "Malaria is a preventable and curable disease, yet every 30 seconds, a child in sub-Saharan Africa dies from the disease, according to the World Health Organization. The Roll Back Malaria partnership has pledged money for nets, anti-malarial treatments and research for a vaccine. Last year on April 25, the World Malaria Day initiative was launched to raise awareness of the disease and efforts to control malaria around the world, as part of the Roll Back Malaria partnership -- a global group of non-governmental organizations (NGOs) and governments" (CNN.com/health, 24 April)
So a child dies every 30 seconds? So what? Capitalism needs weapons - that is the priority! RD

Monday, April 27, 2009

A GRATEFUL NATION?

"It is only when darkness falls on the streets of London that the plight of many veterans of the Armed Forces become fully apparent. More than 1,000 of them are homeless. Until a couple of months ago Ray (not his real name) was one of them living on the streets. He had enlisted in the Royal Green Jackets (Light Division) in 1993 and saw service in Northern Ireland. He left the Army in November 2001 but found Civvies Street a harsh place. ..."You think after serving your time in the Army society will accept you," he says, "but they don't and no one helps."
(Times, 25 April) RD

CAPITALISM IS A KILLER

After a few pints of beer on a Saturday night some London workers may be tempted to warble
" Maybe its because I'm a Londoner, that I love London town". Behind that tipsy loyalty though lurks a sinister fact. "Pollution kills thousands of people every year in London, far more than previous estimates, an official report will warn this week. The capital's poor air quality leads to at least 2,905 premature deaths annually, and "probably many thousands", according to a study by members of the London Assembly's environment committee. Their findings far exceed the figure of about 1,000 fatalities, which until now has been accepted. People die earlier than they should because exposure to dangerously high levels of substances such as nitrogen dioxide, fine particulates and ground-level ozone leads to heart and lung diseases, and also affects those who are already ill with an unrelated condition, according to the report." (Observer, 26 April)
If this is the case in London think how much greater the problem must be in such cities as Peking and Calcutta. Truly capitalism is a killer society. RD

Sunday, April 26, 2009

HARD TIMES?

You may be threatened by unemployment and repossession of your home in the present economic turn down, but spare a thought for the plight of the billionaires and millionaires and their losses. According to the Sunday Times Rich List Indian and Russian billionaires have suffered badly and some of the UK-born have also felt the pinch.
"Virgin boss Sir Richard Branson is reported to have lost 56% of his wealth, shedding £1.5bn and is now worth £1.2bn. Meanwhile, Formula 1 motor racing Chief Bernie Ecclestone lost £934m, leaving him at £1.46bn, the list reported. The richest British-born billionaire is the land and property owning Duke of Westminster, who has seen his wealth shrink to £6.5bn from £7bn. In fourth spot are Ernesto and Kirsty Bertarelli: the former Miss UK winner and her husband have a £5.6bn fortune based on pharmaceuticals. Their fortune has shrunk by a relatively modest 12% over the year. But it is not all gloom - the former boss of supermarket chain Morrison, Sir Ken Morrison, has seen his fortune increase by 11%, making him worth £1.6bn. The wealth of Peter and Denise Coates, owners of Stoke-based online sports betting website Bet365, has gone up by 33%, to £400m. And Harrods boss Mohammed al-Fayed has benefited from a cheap pound - his fortune stands at £650m, up 17% on last year." (BBC Times, 26 April) RD

Friday, April 24, 2009

ATOMIC DEVASTATION

Capitalism is a very dangerous society with the threat of wars, world hunger, unemployment and crime a constant menace, but here is another less obvious peril.
"The nuclear test grounds in the wastes of the Gobi desert have fallen silent but veterans of those lonely places are speaking out for the first time about the terrible price exacted by China’s zealous pursuit of the atomic bomb. They talk of picking up radioactive debris with their bare hands, of sluicing down bombers that had flown through mushroom clouds, of soldiers dying before their time of strange and rare diseases, and children born with mysterious cancers. ...New research suggests the Chinese nuclear tests from 1964 to 1996 claimed more lives than those of any other nation. Professor Jun Takada, a Japanese physicist, has calculated that up to 1.48m people were exposed to fallout and 190,000 of them may have died from diseases linked to radiation." (Sunday Times, 19 April)
Even in so-called peace-time the competition between capitalist nation states can lead to death and disease. RD

Thursday, April 23, 2009

THOSE "EXPERTS" AGAIN

"The global economy will contract sharply this year and recover only sluggishly in 2010, the International Monetary Fund said on Wednesday as it called on governments to sustain or even increase fiscal stimulus next year. The IMF said that world output would contract by 1.3 per cent this year and grow by just 1.9 per cent the year after in what it described as a “substantial downward revision” of its January forecasts, when it said that the global economy would grow by 0.5 per cent this year and spring back to 3 per cent growth in 2010."
(Financial Times, 22 April) RD

MINK FOR THE MUTTS

"While Russia's two-legged population feels the financial pinch, designer lines from sportswear to mink coats, evening gowns to bootees are being snapped up... for the nation's dogs. For mankind's four-legged friends the rigours of the Russian winter have long required some extra layers to keep out the cold. But the jewel-encrusted, over-the-top creations on offer today, together with perfumes, facial masks and Swarkovski-studded leads, go way beyond the imaginings of, say, the 19th century writer Anton Chekhov, who touched on the phenomenon of women and their dogs in "Lady with Lapdog." Unlocking the commercial potential of the instinct to pamper one's pooch are designers like Svetlana Abramova, who in 2004 launched her own brand, Very Stylish Dog (www.styledog.ru), and is now breaking into the foreign market." (Yahoo News, 18 April) RD

Wednesday, April 22, 2009

HELLO, HELLO WHAT'S ALL THIS?

The Metropolitan Police have recently come in for much criticism for their conduct at the recent London G20 demonstration, but compared to the police in China they must seem almost benign.
"In dealing with the subject, take care to leave no blood on the face, no wounds on the body, and no people in the vicinity,"
states the manual, entitled Practices of City Administration Enforcement. The book was reportedly designed as a training guide for the Chengguan, a type of police force that is charged with targeting anyone it feels is disrupting the peace, ridding China's cities of illegal street hawkers and unlicensed taxi cabs, and checking permits." (Daily Telegraph, 22 April)

Tuesday, April 21, 2009

UK POVERTY

It used to be said by SPGB speakers on the outdoor platform that the perfect worker as far as a capitalist was concerned was the following. Left school at 16 years of age went to work for the next 49 years, seven days a week, never a day off for sickness and earned a gold watch on his last day. On the Monday when he went to collect his first Old Age pension he dropped dead at the PO counter. The perfect worker! This may be looked on as a parody but it is not too far from the truth when we learn what is happening to old workers "fortunate" enough to live beyond the OAP.
"Elderly and vulnerable residents in almost half of Scotland's care homes are not receiving the palliative care, care to which they are entitled, according to a report. An investigation by the Care Commission found that 43 per cent of care homes did not realise that they should be providing palliative and end-of-life care. It also found that most care homes had failed to train staff to discuss death and dying with patients." (Times, 17 April) RD

Monday, April 20, 2009

WORLD POVERTY

From time to time everybody receives a charity appeal. It may be posted through your door or a leaflet in a newspaper. We receive so many of them that we tend to become a bit blasé about the whole charity thing, but a recent appeal from the Plan charity contained some particularly harrowing statistics.
"It's a tragic reality that one in five children born in the poorest countries won't live to see their 5th birthday. ...600 million children worldwide live on less that 70p a day - that's ten times the UK population. Working for more than 70 years and with over 100,000 child sponsors in the UK alone, Plan aims to help more children realise their full potential - and improve the lives of future generations."
Despite the sincerity and undoubted humanity of the Plan people the problem has got worse in the last 70 years. Workers contributing a pittance, to relieve the problem of world hunger are pointless. What we need is a transformation in the basis of society to one where all food, clothing and shelter are produced solely to satisfy human needs not to make a profit. RD

TOUGH AT THE TOP?

"Like those before him, Barack Obama is certainly reaping the benefits of high office. According to annual tax returns released by the White House today, he and his wife Michelle earned $2.66m in 2008, a figure that dwarfs the $400,000 salary he receives as president. Most of the money came from royalties for sales of Obama's books. His political tract, The Audacity of Hope: Thoughts on Reclaiming the American Dream, was published in 2006 and has remained on the New York Times best-seller list for 67 weeks. While his autobiography, Dreams from My Father, has been on the list for 142 weeks and is currently at number eight." (First Post, 16 April) RD

Sunday, April 19, 2009

MAD OR WHAT?

"Would you pay 145 pounds ($215) for a slice of very stale cake? That's what an antiques fair in Birmingham hopes to earn Thursday when people bid for the remnant from one of Britain's most controversial royal weddings. The cake is thought to be the only surviving item from the 1871 wedding of Queen Victoria's fourth daughter, Princess Louise, to the Marquis of Lorne. It went on sale for 145 pounds ($215) Thursday at the Antiques for Everyone fair in Birmingham. The seller is antiques dealer John Shepherd. He bought the slice from a private seller who is a descendant of a noble family from Kent." (Yahoo News, 16 April) RD

Saturday, April 18, 2009

DEBT AND DEATH

"Over 1,500 farmers in an Indian state committed suicide after being driven to debt by crop failure, it was reported today. The agricultural state of Chattisgarh was hit by falling water levels.
"The water level has gone down below 250 feet here. It used to be at 40 feet a few years ago," Shatrughan Sahu, a villager in one of the districts, told Down To Earth magazine "Most of the farmers here are indebted and only God can save the ones who do not have a bore well." ....Bharatendu Prakash, from the Organic Farming Association of India, told the Press Association: "Farmers' suicides are increasing due to a vicious circle created by money lenders. They lure farmers to take money but when the crops fail, they are left with no option other than death." (Independent, 15 April) RD

SKINT AGAIN

"Falling house prices have pushed more than 900,000 homeowners into negative equity, according to the industry body representing mortgage lenders. The latest data from the Council of Mortgage Lenders issued yesterday, reveals that the north-east of England has the highest proportion of people trapped in properties worth less than their mortgages. There, one in 10 owner-occupiers are in negative equity. By contrast, in East Anglia and Scotland it is one in 100. The council said that its latest national estimate compares with the more than 1.5 million homeowners left struggling under the weight of their home loans following the early 90s housing market crash." (Guardian, 17 April) RD

Friday, April 17, 2009

UNEXPECTED STRIKE SUPPORT

"Soldiers have warned the Government they must not be turned into strike-breakers if other public sector workers take industrial action against the proposed cuts in take-home pay. Pdforra, the association representing soldiers, sailors and air crew in the Defence Forces, is to seek an assurance from Defence Minister Willie O'Dea that the military will not be deployed to replace striking workers." (Irish Independent, 5 February) RD

HYPOCRISY AND THE CHURCH

In reviewing the BBC documentary Deliver Us From Evil shown the previous evening Andrew Billen the journalist had many shocking things to say about the Roman Catholic diocese of Los Angeles.
"There are an estimated 100,000 victims of sexual abuse by Catholic priests living in the US today. Having spent millions fighting their claims, the diocese has, since the films release in America, paid out some $60 million in reparations to 45 victims, leaving another 500 cases pending." (Times,15 April)
The suffering and trauma experienced by these children can only be imagined. Capitalism is a cruel and heartless system and the RC church is one of its most bestial pillars of support. RD

Thursday, April 16, 2009

LAND OF THE FREE?

"It's become a depressingly predictable event. Every few months, the Bureau of Justice Statistics (BJS), a branch of the US Department of Justice, releases new figures showing that the US prison and jail population has grown yet again and has reached a new all-time high. The latest statistics, released last week, show that as of June 30, 2008, more than 2.3 million people were behind bars in this country -- an increase of almost 20 percent just since 2000. This gives the United States an incarceration rate of 762 per 100,000 residents - the highest rate in the world, dwarfing those of other democracies like Great Britain (152 per 100,000), Canada (116), and Japan (63). (Yahoo News, 9 April) RD

Wednesday, April 15, 2009

NO PROFIT, NO PILL

"A pill which could prevent hundreds of thousands of deaths from heart disease, the biggest killer across the Western world, has been shown to be safe and effective in its first trials on humans. The magic bullet, containing five medicines in a single capsule, sharply reduced cholesterol and blood pressure levels and has the potential to "halve cardiovascular events in average middle-aged individuals", the researchers say. The finding is a major boost for a medication with huge potential against the worldwide epidemic of heart disease and stroke. Doctors say that, if further trials prove successful, all men aged over 50 and women aged over 60 should be offered the pill in what would be the first example of mass medication for the middle-aged in Britain. Yet no Western pharmaceutical company has shown interest in developing the so-called polypill because it does not promise big profits. It would sell for pennies because its five constituent medicines are cheap, have been around for decades and their patents have expired." (Independent, 31 March) RD

“NHS "TREATMENT"

"The NHS is today castigated for providing "inadequate" psychiatric help to vulnerable patients, as new figures reveal an average of four deaths a day among those in its care. Data collected by the National Patient Safety Agency (NPSA) shows that 1,282 people in England died in what it calls " patient safety incidents in mental health settings" in the period 2007-08. Another 913 patients - more than two a day - suffered what is termed severe harm, or permanent injuries, in such incidents." (Observer, 12 April) RD

Tuesday, April 14, 2009

"DEMOCRACY" IN ACTION

"Former Gov. Rod Blagojevich’s camp was told last year that U.S. Rep. Jesse Jackson Jr. (D-Ill.) would raise up to $5 million in campaign cash for the ex-governor if he was appointed to President Obama’s U.S. Senate seat, the Chicago Sun-Times has learned. The overture came from at least two members of the local Indian community who approached the Blagojevich fund-raising team last fall, sources say." (Chicago Sun-Times, 13 April) RD

SHIPWRECKED

"Global shipping rates are set to fall by 74 per cent this year as commodity demand continues to fall in Asia and the massive glut of vessels ordered during the boom years finally takes to the seas. The expected collapse in rates, which could push dozens of ship-owners close to bankruptcy, comes after a 92 per cent decline in the Baltic Dry Index (BDI) of shipping rates over the course of last year. The misery is expected to continue well into 2010, with a further 15 per cent drop in rates before any rebound brings relief to fleet-owners. The closely watched gauge of world trade in iron ore, coal and other bulk cargoes has fallen for 19 consecutive days, the same rate of decline that occurred after the collapse of Lehman Brothers, the investment bank, and the catastrophic freezing of trade finance. The stark warning of a continuing collapse in the BDI, issued by analysts at Nomura Securities in Hong Kong, comes after industry predictions of multiple order cancellations by ship-owners and forecasts that record numbers of vessels may be put into storage." (Times, 9 April) RD

Monday, April 13, 2009

NHS STARVATION

"More than 2,300 people died from malnutrition in NHS hospitals in England over the 10 years to 2007, according to official figures revealed yesterday to the Conservatives in a parliamentary answer. The data, from the UK Statistics Authority, showed the poorest performing regions were the West Midlands, where 409 people died from malnutrition, and the south east, where 388 died. Across England, the number of deaths increased from 209 in 1997 to 242 in 2007. Stephen O'Brien, the shadow health minister, said: "The least that patients should be able to expect is to be fed properly." (Guardian, 8 April) RD

A FEARFUL FUTURE

"It has often been said that water is "blue gold" and the next resource wars will be fought, not over oil, but over water. Maude Barlow, senior advisor to the United Nations on water issues, wrote that the way in which we view water "will in large part determine whether our future is peaceful or perilous." There is no doubt that the world's supply of drinkable fresh water is threatened. An astounding one billion people do not have access to safe drinking water today and that number is likely to reach 2.8 billion in only two decades. Will these challenges result in an all-out "water war"? "The British non-profit International Alert released a report identifying forty-six countries where water and climate stresses could ignite violent conflict by 2025, prompting the UN Secretary-General Ban Ki-moon to affirm, "The consequences for humanity are grave. Water scarcity threatens economic and social gains and is a potent fuel for wars and conflict." (The Nation, 31 March) RD

Sunday, April 12, 2009

Who owns the North Pole - part 15

Much news coverage of the Russians creating military units for a possible Arctic war as reported by Socialist Courier previously but of course they are not the only nations reinforcing their military might . We read of Canadian plans .

The First Battalion, The Royal New Brunswick Regiment is one of four reserve units from across the country designated to form the spine of a new Arctic force to be created over the next five years. Joining the 1RNBR will be the Voltigeurs de Quebec, Ontario's Grey and Simcoe Foresters, and Royal Winnipeg Rifles. To complement the creation of the unit, the military will continue with its plans to expand the Canadian Rangers, a group composed of First Nations and Inuit reservists. By 2012, those numbers are expected to reach 5,000 personnel. Should an incident occur in the Arctic, the soldiers would be available to respond.

Col. Greg MacCallum, commander of 37 Brigade Group , said the strategic significance of forming the new units is to exercise sovereignty and ownership of the Arctic.

"You do that, at least in part, by being able to project military forces into that region to show a presence and to show a capability and intent to exercise ownership of it."