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:

triangleNationalise Tata Steel to save jobs and pensions

triangleFood banks and the real Daniel Blakes

triangleLondon Crossrail workers walk out

triangleLessons of the 'N30' 2011 pension strike

Pay:

triangleSacked bakers' union rep Kumaran Bose calls for living wage 'protection'

triangleUnison members barely earning the living wage in some universities

triangleTAs force Labour to suspend pay cuts

Jobs:

triangleBolton council gives 300k to solicitors while making swingeing cuts

triangleTime to fight low pay

Cuts:

triangleFight for a socialist Brexit

Unilever:

triangleSocialist inbox

Rich:

triangleThem & Us: Autumn Statement special!

News and socialist analysis

News and socialist analysis

7/12/16

NHS

NHS: Stop the Tory vandals

7/12/16

London

Conservatives humiliated in Richmond

7/12/16

Newham

Newham council to sack up to 1,300

7/12/16

Them & Us

Them & Us

7/12/16

Health

Workers can fight Uber-style care

7/12/16

Unfair dismissal

Slump in unfair dismissal cases - scrap tribunal fees!

7/12/16

EU

Fight for a socialist Brexit

7/12/16

Labour Party

No more concessions to Labour right!

7/12/16

Tax credits

Compensation disabled

30/11/16

Workers

Brexit spin: demand a real workers' exit

26/11/16

Cuba

Fight for workers' democracy in Cuba

24/11/16

Government

Autumn Statement: No reprieve for the 'just-about managing' - or the 'not managing'

23/11/16

Workers

Lessons of the 'N30' 2011 pension strike

23/11/16

Socialist Party

The Socialist Party and support for the Corbyn movement

16/11/16

Super-rich

Super-rich investigated

triangleMore News and socialist analysis articles...


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

triangle9 Dec Nationalise Tata Steel to save jobs and pensions

triangle8 Dec Victory for UPS parcel workers

triangle7 Dec NHS: Stop the Tory vandals

triangle7 Dec Italy: Establishment routed - workers alternative needed

triangle7 Dec TAs force Labour to suspend pay cuts

triangle7 Dec No more concessions to Labour right!

triangle7 Dec Obituary: John Sharpe: 1953-2016

More ...

triangle12 Dec Birmingham Central Socialist Party: The fight for socialism

triangle12 Dec Bristol Socialist Party: The big Bristol Socialist Party Quiz

triangle13 Dec Birmingham South East Socialist Party: The lessons of Hungary 1956

triangle13 Dec Kingston Socialist Party and Socialist Students: Cuba after Castro

More ...

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

Archive

Categories

1-9 

1-9 


Archives:

December 2016

November 2016

October 2016

September 2016

August 2016

July 2016

June 2016

May 2016

April 2016

March 2016

February 2016

January 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