Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/702/13566

From The Socialist newspaper, 25 January 2012

Hard Times - but not for the 1%

Defend pensions, fight the cuts in jobs and pay

Roger Shrives

As the clouds of recession grow darker, practically every section of society feels the grim effects. Apart from one group - there are few signs of recession for the super-rich!

Worldwide, they are still prospering and trying to solve the economy's problems by attacking their workers. Bosses at the industrial giant Unilever are trying to savagely cut the pensions of their workforce in Britain. But workers are fighting back with strikes.

Pickets at Unilever's Purfleet factory told Socialist Party members why they're angry at their bosses. "Unilever is the 18th richest company in the world. Chief executive Paul Polman is on 54 million in pay and share options. He has a chauffeur and claimed 75,000 in travel expenses last year."

But, as the pickets concluded: "It's us that makes them their money!" - though it's us who suffer. The government attacks public sector workers' jobs and aims to slash benefits for the sick and disabled. Pension rights are under siege. Real wages fell 4.2% over the last year.

Now, the Resolution Foundation 'thinktank' predicts that the recession's effects will be long lasting. Looking at ten million families with incomes between 12,000 to 29,000 a year, it predicts, on the basis of sluggish growth rates, that such families' earnings might not return to pre-recession levels until at least 2020. But in this land of permanent pay freeze, again the super-rich will dodge the permafrost.

Most working class, middle class and young people are not prepared to accept this gloomy future offered by capitalism in decline. The rich, the owners of industry, finance and commerce, have declared war on us. As Unilever workers and many public sector trade unionists have already done, the unions need to fight.

The capitalist system of booms and slumps looks like being mainly slump for the next decade - unless you're part of the richest 1%. If you reject this bosses' future, join the Socialist Party, help build a working class-based opposition and help lay the basis for a socialist society.

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


In The Socialist 25 January 2012:


Anti-cuts campaign

Hard Times - but not for the 1%


Socialist Party editorial

The trade unions and Labour

Add your name to the TUSC petition

Trade Unionist and Socialist Coalition election conference


Socialist Party news and analysis

Public sector pensions: 'Coalition of the willing' gathering strength

Financial vultures kill Peacocks

Con-Demned to unemployment

Fight the Tories' Welfare Reform Bill

Victory against Dorries' abstinence education bill

Keep the racist EDL out of Leicester

Them & Us


Education

Haringey parents say: No to academies!

NUS calls national student walkout


Socialist Party feature

Balfour Beatty re-ballot: Vote to strike again

Sweetheart stitch-ups in the electrical industry: A spark's history of the Joint Industry Board

Exposed - the dirty world of the construction blacklist


International socialist news and analysis

Egypt - A year of revolution and counter-revolution


Socialist Party workplace news

Stepping up the action to defend pensions at Unilever

Defend Len Hockey: Outrageous attack on Whipps Cross hospital workers

Pontefract hospital: Army withdrawn - now kick out PFI!

Save Vine services

Llanelli: Save Prince Philip's A&E

Stop the Salford day centre closures

Kirklees parents say 'save our children's centres!'

Greenwich Unite members oppose cuts, privatisation and racism

Workplace news in brief


 

Home   |   The Socialist 25 January 2012   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Recession:

triangleSocialist Students launched in USA

triangleThe EU and the economy - Project Fear steps up

Pensions:

triangleLeaked document threatens jobs and conditions at Ford Bridgend

triangleThe Socialist inbox

triangleWarehouse workers walk out over pay and pensions

Pay:

triangleOver 1,000 march with TAs against 23% pay cut

triangleJoin the 31 March PCS pay protest

triangleWomen need secure jobs and equal pay, not patronising 'returnships'

Jobs:

triangleSave Plymouth's libraries!

triangleGMB union should support anti-fracking campaigners in Fylde

Unilever:

triangleSocialist inbox

Rich:

triangleThem & Us

News and socialist analysis

News and socialist analysis

29/3/17

Labour

Times makes call for Tory entryism

29/3/17

Leeds

Leeds Labour councillors resign over cuts

29/3/17

Homelessness

Homelessness agencies accused of being complicit in coercive deportations

29/3/17

Banks

Top banks post 67% of profits in tax havens - nationalise the banks!

29/3/17

NHS

Prescription and dental charges to rise again - fight for a free NHS!

27/3/17

Terrorism

Unite against terror, racism and war

22/3/17

Militant

Livingstone's smear of Militant

22/3/17

Ireland

Jobstown Not Guilty: defend the right to protest

22/3/17

Tories

Tory splits brought to the surface - Corbyn must go on the attack

22/3/17

Them & Us

Them & Us

22/3/17

Children

Fight Tory attacks on women and children

22/3/17

Housing benefit

Tories scrap housing benefit for under-21s

21/3/17

PCS

CPSA to PCS: Fighting the 'Moderates' and building a fighting union

15/3/17

Scotland

Scotland 'indyref2' for socialist independence not the capitalist EU

15/3/17

NHS

NHS: strikes and protests can stop cuts

triangleMore News and socialist analysis articles...


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

triangle30 Mar TUSC contests Liverpool City Region mayor election

triangle29 Mar Over 1,000 march with TAs against 23% pay cut

triangle29 Mar April 1917: how the Bolsheviks reorientated

triangle29 Mar Top banks post 67% of profits in tax havens - nationalise the banks!

triangle29 Mar Ferrybridge workers protest against 'race to bottom'

triangle27 Mar Unite against terror, racism and war

triangle24 Mar Doncaster: snap strike by posties pushes bully bosses back

More ...

triangle30 Mar Tower Hamlets Socialist Party: Building a campaign against cuts in Tower Hamlets

triangle30 Mar North London Socialist Party: Stop the education cuts

triangle30 Mar Bradford Socialist Party: The French election campaign

triangle31 Mar Lambeth Socialist Party: Marking the anti-poll tax campaign

More ...

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

Archive

Archives:

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