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The Socialist 21 May 2008 |
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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!
Also 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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The Socialist 21 May 2008 |
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