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From The Socialist newspaper, 8 July 2015

Cuts for us, handouts for rich

Fight the Tories' 'Them & Us' budget

Photo Liz West (Creative Commons)

Photo Liz West (Creative Commons)   (Click to enlarge)

Matt Dobson

Wednesday 8 July will be remembered as a day of horror for millions of households across Britain. 12 billion welfare cuts will mean many families having thousands of pounds cut from their income every year.

Young people face being taken out of the benefit system altogether. Charities and voluntary sector organisations point to the catastrophic consequences, estimating that two million more children will be dragged into poverty.

It's a budget for the billionaires and the millionaires, with inheritance tax being cut. Rather than taxing the wealth of property speculators who litter cities with unaffordable empty luxury flats, council house and housing association tenants who earn a reasonable wage will be hit with full market rents.

For the greedy city financiers and their political lackeys, even this banquet budget for the rich at the expense of the poor, is not enough. Osborne is being urged to remove the measly levy on the biggest banks and Tory party leadership contender Boris Johnson is lobbying for another reduction of the top rate of income tax, from 45p to 40p.

Austerity for the working and middle classes helps to finance the profits, tax breaks, bonuses and opulent lifestyles of the super-rich and the bosses. It is also to foot the bailout bill for the economic crisis which they and their capitalist system caused. Osborne's devastating austerity is being repeated by the capitalist class internationally.

Fightback

In Britain we have seen the recent large and inspiring marches against the Tories' cuts agenda. But the most effective form of mobilisation of working people must be utilised - national coordinated strike action, including a 24-hour general strike.

Over 300 shop stewards and workplace reps met at the National Shop Stewards Network Conference on 4 July and voted to build a campaign for the trade unions to take this necessary strike action.

We also need a political challenge to the establishment parties that fight tooth and nail for the interests of big business and the super-rich. We need a mass, independent working class based, fighting left-wing party - a party to articulate the struggles of workers and youth, and put forward a socialist alternative to endless austerity.

The Trade Unionist and Socialist Coalition which stood hundreds of candidates in the recent council and general elections, in which the Socialist Party plays a key role, is a start in this process.

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Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

  • The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
  • When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
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In The Socialist 8 July 2015:


International socialist news and analysis

Greece: Mighty class-based 'NO' shakes bosses' EU


Socialist Party news and analysis

Cuts for us, handouts for rich

Terrorism and classroom spying

Janner case: more establishment child abuse cover-ups

Stop hammering low-paid - 10 an hour now!

ESA under the cosh

Low-income tenants face rent hikes

Them & Us


Socialist Party features

NSSN conference 2015: "We could stop austerity in its tracks"

Migrants flee horrors created by capitalism


Socialist Party workplace news

Hospital porters mop up in NHS pay battle triumph

Tube union: why we're striking

Britain's biggest union could reconsider funding Labour after leadership elections

Education under attack! Reports from the front line of the fightback

Yorkshire firefighters demonstrate against crew cuts

Workplace news in brief


Socialist Party campaigns

Socialist Party LGBT group plans fightback against attacks and austerity

Bitter fight to save Bitterne walk-in centre continues

Scotland and North-West England hold TUSC conferences


Socialist Party comments and reviews

Why I joined: 'the Socialist Party has given me political confidence'

TV review: Picasso - Portillo's peculiar perspective


 

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Related links:

Austerity:

triangleReaders' comments

triangleHopeless Hancock replaced

triangleTUSC calls for local 'People's Budget' campaigns

triangleNational demonstration: 'After Covid - Demand a New Normal'

triangleWe will not pay the cost of Covid! Defend the right to protest

Them & Us:

triangleThem & us

triangleThem & Us

triangleThem & Us

triangleThem & us

US:

triangleEngland football team

triangleYouth Fight for Jobs is back

triangle"It's great to be back": Come to a Socialist Party in-person meeting

Rich:

triangleWhy I joined the Socialist Party

triangleWealth chasm widens

Cuts:

triangleGovernment departments move to impose pay cuts: Fightback needed

Tax:

triangleTerry Fields MP, Prisoner DV 3695 - The jailing of 'poll tax' rebel and Militant

Strike:

triangleSt Mungo's strikers end 12-week strike

Budget:

triangleReaders' comments

Super-rich:

triangleNo trust in billionaire owners - kick them out and reclaim the game

Capitalist:

triangleRight-wing study concludes youth like socialism

Poverty:

triangleKeep the Universal Credit uplift

Welfare:

trianglePoverty increasing. Welfare state in crisis. Do we need a new Beveridge Report?

Capitalist system:

triangleCan green technology and AI save capitalism?

Boris Johnson:

triangleCladding: Tories refuse to protect leaseholders again

Bonuses:

triangleTory 'Starve a Kid to Save a Quid' scheme

Banks:

triangleMillionaires multiply during pandemic

Big business:

triangleScrap the privatising health and care bill

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