Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/662/11431

From The Socialist newspaper, 16 March 2011

The rich get richer - by another $1 trillion

THE LATEST rich list produced by the Forbes magazine shows that the collective wealth of the world's 1,210 billionaires has reached a new record high of $4.5 trillion - up nearly $1 trillion on last year's total.

At the same time three billion people (around 50% of the world's population) exist on a meagre $2 a day. In fact only three years ago it was estimated that the world's richest 225 people had combined assets equal to the combined annual income of the world's 2.5 billion poorest people. This glaring gap in wealth has undoubtedly widened since then.

Such inequality, combined with the accompanying huge disparities in health and other life chances between rich and poor, are the products of the profit-driven capitalist system. This system almost went bust two years ago, in part due to the speculative greed of rich financiers. But it was rescued by pro-capitalist governments using trillions of dollars of public funds ie our money.

As Mahatma Gandhi once remarked: "We have enough for everybody's need. But not enough for everybody's greed."

So the next time rich politicians Cameron or Clegg or any other defender of this system parrots "we're all in it together" or, "we can't afford to maintain current levels of spending on public services", etc, then tell them to make the rich pay!

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 16 March 2011:


Anti-cuts campaign

Defend jobs and services: Protest 26 March

Building the battle against the cuts - now and beyond 26 March

Campaigning against all cuts and privatisation

Save our NHS!


Socialist Party news and analysis

Hutton's plans mean savage cuts - Fight to defend your pension!

Vote for a socialist alternative

Huge protests against job insecurity

The rich get richer - by another $1 trillion

Wisconsin occupation

Yahya victory

Hunger strike


Youth fight for jobs

March from Jarrow with Youth Fight for Jobs

Save our youth services

For real jobs not exploitation

Review: Classroom Warriors


Socialist Party workplace news

Northern Ireland: Broad left gains in union elections

Privatisation threat to the blood service?

Defend jobs and education at Newcastle College

Action called off by Birmingham bin workers

Left victory in building workers' union

Support the UCU strike


International socialist news and analysis

Japan: Tsunami results in misery for millions

Workers hit hard by earthquake and tsunami

Israel and the occupied Palestinian territories: "We'll struggle like in Egypt"

Tunisia: 'You come back - we come back'

Saudi troops to suppress Bahrain protesters


Socialist Party campaigns

Thousands protest against Lib Dems in Sheffield

Protester challenges Lib Dem MP to debate

Students want to protest too

Thatcher was no heroine

Lively discussion at LGBT meeting

Leeds: Celebrating International Women's Day

Celebrate International Workers' Day in the Socialist with a May Day greeting


 

Home   |   The Socialist 16 March 2011   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Rich:

triangleThem & Us

triangleTrump's tax attacks

triangle'Paradise' for billionaires - austerity for us

triangleCan you donate to the Socialism 2017 appeal?

triangleYoung people being strangled by debts

Capitalist:

triangleTrump's incendiary Jerusalem statement reignites Israeli-Palestinian conflict

triangleA world in crisis, ripe for revolution

triangleBrexit deal no solution to Tory rifts

triangleIrish capitalist state: rotten to the core

Reports and campaigns

Reports and campaigns

13/12/17

Woolwich

Support the Crossrail Woolwich walkout

13/12/17

Devon

Totnes MP uses coffin controversy to distract from brutal NHS cuts

13/12/17

Miners

Tory plan to hold dinner at coal mining museum defeated

13/12/17

Bradford

Bradford campaign to save children's services launched

13/12/17

Housing

Six months on - still no justice for Grenfell

13/12/17

Fracking

Movement growing against fracking giant Ineos

13/12/17

South London

South London health bosses' cover-up

13/12/17

Blacklisting

Unite day of action against blacklisting

13/12/17

Brighton

Brighton victory

13/12/17

Newham

Newham anti-academies strikes

13/12/17

Tamil Solidarity

Tamil Solidarity and Refugee Rights activists meeting

7/12/17

Blacklisting

Unite protest against blacklisting

7/12/17

RMT

Anti-DOO lobby of Liverpool's transport committee

6/12/17

Donald Trump

Mobilise to stop bigoted billionaire Donald Trump's state visit to Britain

6/12/17

Transport

Arriva bus strikers stand firm

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle13 Dec Support the Crossrail Woolwich walkout

triangle8 Dec Local government pay: fight for the 5% claim, fully funded

triangle6 Dec Strikers rally in Liverpool

triangle6 Dec Corbyn's Labour can defeat Tories with socialist programme

triangle5 Dec Victory at Glenfield shows people power can save our NHS

triangle5 Dec Labour council Blairites deselected

triangle30 Nov Victory: Glenfield Children's Heart Centre saved!

More ...

triangle13 Dec Caerphilly Socialist Party: Are we heading for an era of war?

triangle14 Dec Wakefield Socialist Party: Universal Credit - the Tories' latest assault on the poor

triangle18 Dec Leeds Socialist Party: Religion and Socialism

triangle19 Dec Bristol North Socialist Party: Christmas social

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2