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   |   Bookshop






Related links:

Recession:

triangleSocialist Students launched in USA

triangleThe EU and the economy - Project Fear steps up

triangleSocialist Party national congress 2016

triangleWorld economy: 'biggest danger to capitalism is capitalism'

triangleEU revenge against Greek workers

Pensions:

triangleSham Royal Mail pensions consultation - action needed

triangleWhy prison officers rejected pay and pensions deal

triangleNationalise Tata Steel to save jobs and pensions

triangleFood banks and the real Daniel Blakes

Pay:

triangleManchester: BA cabin crew pay strike

triangleStrikes show workers' power

triangleBosses earn average salary in under three days

Jobs:

triangleBillions in profit for Tesco, cuts and job losses for workers

triangleBuild the resistance against Trump

Cuts:

triangleTories torn in two on single market

Unilever:

triangleSocialist inbox

Rich:

triangleNHS in meltdown

News and socialist analysis

News and socialist analysis

19/1/17

Elections

Snap elections called to Stormont Assembly

19/1/17

Socialist

Build a wall of resistance against Trumpism

18/1/17

Northern Ireland

Northern Ireland calls snap election: back Labour Alternative

18/1/17

EU

Tories torn in two on single market

18/1/17

Labour Party

Labour's civil war continues - build a mass workers' party

18/1/17

NHS

'Black alert' NHS: Demonstrate 4 March

18/1/17

Transport

Pollution kills 600: fight for clean air!

16/1/17

Wealth

Eight billionaires own as much as half humanity!

11/1/17

Haringey

Haringey: pressure grows as Labour council cuts

11/1/17

Wealth

Bosses earn average salary in under three days

11/1/17

Northern Ireland

'Cash for ash' scandal set to bring down Northern Ireland government

11/1/17

NHS

NHS in meltdown from spending cuts - demonstrate on 4 March!

11/1/17

Tony Blair

Blair's multimillion plans to fight 'populism'

11/1/17

Them & Us

Them & Us: 500k house party... 50p for rent

11/1/17

Strike

Strikes show workers' power

triangleMore News and socialist analysis articles...


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

triangle20 Jan Labour needs to replace Tristram Hunt with an anti-austerity candidate

triangle19 Jan Build a wall of resistance against Trumpism

triangle18 Jan Tories torn in two on single market

triangle18 Jan Labour's civil war continues - build a mass workers' party

triangle18 Jan Protesters surround cutting council

triangle18 Jan Trotsky and February 1917: Preparing for revolution

triangle16 Jan Eight billionaires own as much as half humanity!

More ...

triangle20 Jan Protests against Trump's inauguration

triangle23 Jan Chesterfield Socialist Party: The inauguration of Trump

triangle23 Jan Leeds Socialist Party: How can the rise of Trump be resisted?

triangle24 Jan Liverpool Socialist Party: Refugee rights

More ...

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

Archive

Categories

1-9 

1-9 


Archives:

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