Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/885/22056

From The Socialist newspaper, 20 January 2016

Them & Us

62 people own as much as half of humanity

Yes, you read that right. 62 billionaires now own as much as the poorest 50% of all humanity - 3.6 billion people.

Poverty charity Oxfam's latest study, 'An economy for the 1%', finds the wealth of this poorest half has fallen 41% in five years. That's a loss of $1 trillion dollars since 2010.

These 62 billionaires - the 0.000000008% - could all fit on one coach. The huge portion of human creation they control might need a few trailers, however.

Take the wealth off the super-rich. The Socialist fights for a society for the billions, not the billionaires.

Extortionate housing...

David Cameron is suddenly concerned about the housing crisis his government has created. His solution is developments like south London's 'Wimbledon View'.

Starting at 685,000, you need a household income of 67,000 a year to buy a two-bedroom shared-ownership flat.

So that will exclude even two junior doctors if Hunt has his way. And this scheme is built on former NHS land, which could have provided affordable housing for all health workers.

'Daisy', London housing worker

...housing extortioner?

Meanwhile, the same David Cameron has possibly earned a cool half a million in private rent since becoming prime minister.

The Daily Mirror reports he rents out his fancy Notting Hill home to private tenants. If he charges the same as a similar nearby property, he'll have raked in over 508,000 between May 2010 and today.

This is the same David Cameron who said he worries his children won't be able to buy a house. The Socialist can only assume he meant a second house, to rent out to those stupid enough not to have been born into a family of landlords.


What We Saw

#SportsDirectShame

Newcastle United fans unfurled a huge banner in protest at their club's exploitative owner on 12 January.

Activists with the National Shop Stewards Network and general union Unite targeted notorious zero-hours tyrant Mike Ashley. His Sports Direct retail firm forces workhouse-like conditions on its poverty-pay staff.

The banner appeared just before half time, and the match with Man United resulted in a 3-3 draw.

The Socialist says: scrap zero-hour contracts! Full-time hours for all who want them - with flexibility on workers' terms, not the bosses'. For a 10 an hour minimum wage now with no exceptions.

Donate to the Socialist Party

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.
We therefore urgently appeal to all our viewers to donate to our Fighting Fund.

Please donate here.

All payments are made through a secure server.

My donation

 

Your message: 

 


In The Socialist 20 January 2016:


Socialist Party news and analysis

Unite the fightback: Coordinated strikes needed

United workers' action can save NHS

Water firms' 1.2bn in profit off human need

Political policing: Met spy targeted socialists

Trident debate: socialist programme needed

Housing crisis reaches level of 1960s

Civil service: 1bn on consultants

Outrageous attacks on Corbyn for 'sexism'

Them & Us


Socialist history

1986 Wapping strike - Defeat of the print unions


Socialist Party reports and campaigns

People's Budget meeting success

Carmarthenshire Unison campaigns against council cuts

Unite the Union local government committee votes for no-cuts budgets

Preparing a no-cuts people's budget

Momentum and democracy in Hackney and beyond

Angry Labour meeting puts councillors under fire

Gateshead carers oppose respite centre closures

Celebrating Eleanor Marx's birthday


Socialist Party workplace news

Nationalise Tata to save steel jobs!

Tube workers to strike again to defend jobs and conditions

Reinstatement victory for John Vasey

Shop workers lobby council against Sunday opening

Workplace news in brief


International socialist news and analysis

USA: Fight the billionaire class!

China: Financial turmoil spreads fear across global markets

Northern Ireland: Defy anti-abortion laws


Socialist Party comments and reviews

Letters to the Socialist


 

Home   |   The Socialist 20 January 2016   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

US:

triangleWill Biden's new foreign policy change the direction of US imperialism?

trianglePost-Brexit trade deals: Workers' mobilisation needed to stop corporate extortion

triangleGoodlord striker speaks out: How we unionised and fought the bosses

triangleG7 tax deal won't challenge corporate power

Them & Us:

triangleThem & Us

triangleThem & Us

triangleThem & Us

triangleThem & Us

Housing:

triangleCardiff West Socialist Party: Housing is a right - Stop the evictions!

triangle"Rights are won not given" - London refugee wins housing debt campaign

triangleCladding danger: Protest 5 June!

Socialist:

triangleCardiff East Socialist Party: Does capitalism really encourage innovation?

triangleCardiff West Socialist Party: Abortion rights under attack

David Cameron:

triangleGreensill scandal, Corruption ... Build a socialist alternative

News and socialist analysis

News and socialist analysis

16/6/21

Women

Women's health matters

16/6/21

Tamil

Tamil Solidarity asylum victory

16/6/21

Wales

Beth Roper inquest: Train company failures ignored

16/6/21

Vaccine

Make vaccine technology public, nationalise big-pharma

16/6/21

Babies

Neonatal leave introduced: Unions must fight for extensions and full pay

9/6/21

Schools

Fight for the funding our schools and colleges need

9/6/21

Unite

Left candidate needed for Unite general secretary election

9/6/21

Unions

If unions give a lead, workers are fully prepared to fight and win victories

9/6/21

Tory party

Tory splits and infighting growing

9/6/21

Climate change

G7 Can't solve poverty, Covid and climate change - join the struggle for Socialism

9/6/21

Tax

G7 tax deal won't challenge corporate power

9/6/21

Racism

Dea-John Reid murder: Jobs, homes and services, not racism

8/6/21

NHS

'Let's fight to win on NHS pay and funding'

2/6/21

Covid

Capitalism's Covid failings

2/6/21

Union

Unite general secretary campaign: Statement from Howard Beckett

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: [email protected]

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 079 8202 1969

East Mids: 077 3797 8057

London: 075 4018 9052

North East: 078 4114 4890

North West 079 5437 6096

South West: 077 5979 6478

Southern: 078 3368 1910

Wales: 079 3539 1947

West Mids: 024 7655 5620

Yorkshire: 078 0983 9793

ABOUT US

ARCHIVE

Alphabetical listing


June 2021

May 2021

April 2021

March 2021

February 2021

January 2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999