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From The Socialist newspaper, 21 May 2008

Global food crisis

THE WORLD is experiencing a global food crisis. 73 million people on the planet have to survive on handouts from the United Nations World Food Programme, whose estimated shortfall for this year rose from $500 million to $750 million.

That sounds like a lot. Until you see that Wall Street's biggest ever pay packet topped $3.7 billion (almost 2 billion) in 2007. This was for John Paulson, hedge fund manager at Paulson & Company, who made a fortune gambling on the mortgage market collapse that has cost millions their homes. Yet he doesn't even make it into The Sunday Times Rich List of the world's richest 20 hedge fund managers!

So one man could feed 73 million people with a year's pay packet! Deaths from hunger clearly have everything to do with this chaotic unplanned capitalist system where the super-rich get super-richer and the poor pay with their lives. It must be transformed!

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In The Socialist 21 May 2008:

Step Up Fight Against Low Pay!

Force more u-turns out of this weak government


Housing crisis

Build Affordable Homes Now!


Socialist Party workplace news

Unison members say 'no' to witch hunt

Reasons to be cheerful about the trade unions

Public-sector workers say pay up!

National Shop Stewards Network second conference advert


Socialist Party campaigns

Give us back our Post Office!

Fightback saves Cardiff school

Southampton students: 'Don't gag us'

D-I-V-O-R-C-E

Glasgow: BNP not welcome here

100% rise for health bosses

Global food crisis

Them and Us: The great divide


Environment: Nuclear power

Nuclear industry's 'green' camouflage


London Olympics

London Olympics 2012: A great sporting occasion and a great profit-making opportunity


France 1968 - month of revolution

France 1968: Be realistic - demand the impossible!

International discussion on the way forward for socialists

Video: 'France 1968, month of revolution' London meeting

Campaign for a New Workers' Party conference


International socialist news and analysis

China: Earthquake disaster exposes regime's failings

Lebanon: Hezbollah routs pro-US Siniora government forces

Ireland: Vote no to Lisbon Treaty and EU militarisation!

France: Workers and youth resist Sarkozy's attacks


 

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