Link to this page: https://www.socialistparty.org.uk/issue/899/22684
From The Socialist newspaper, 27 April 2016
Rich List betrays lies of austerity
Cartoon by Alan Hardman (Click to enlarge)
The annual publication of the Sunday Times Rich List is a chance to bask in the magnificent work of our 'wealth creators'. And the past year has seen many increase their well-earned domination of British and global society.
Epitomising this spectacular enterprising growth of the capitalist elite is one of this year's biggest climbers: Major-General His Grace the Duke of Westminster, Gerald Cavendish Grosvenor.
His company, Grosvenor Group, makes him worth an eye-watering £9.4 billion. This 'creates' wealth by heroically speculating on large swathes of property, and inflating London's monstrous housing bubble.
The massive increase in the wealth of property investors in this year's Rich List - including the number-one spot, newly taken by David and Simon Reuben - shows the massive hypocrisy at the heart of the capitalist economic system.
The housing crisis is reaching preposterous levels. 53% of private tenants struggle to pay rent, according to Shelter.
The money is there to build genuinely affordable housing for all the real wealth creators - the workers, who make the goods and run the services that create the bosses' profits. But establishment politicians encourage a super-wealthy clique to exploit the basic human needs of ordinary people.
Housing is just one example of the parasitism of the 6th Duke of Westminster and pals. Cuts and privatisation are affecting every area of our lives.
That's why we should take the wealth off the 1%. Nationalise land, banking and the big corporations under the democratic control of workers and the community. Then a socialist plan of production could not only return the services we have lost, but guarantee security and prosperity for all - not just the super-rich.
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In The Socialist 27 April 2016:
Socialist Party news and analysis
Historic all-out junior doctors' strike action
Tata steel crisis: 100% nationalisation now!
Hillsborough inquest victory: cops unlawfully killed 96
Nationalise BHS to save 11,000 jobs
Rich List betrays lies of austerity
Queen reaches 90: abolish the monarchy
Most diesels emit illegal levels of poison
Them & Us
Top tweets: TUSC
What we think
Defeats and u-turns show Tories are weak
Trade unions: myths of EU 'Remain' campaign
An anti-austerity alternative on the ballot paper
Welsh Assembly elections: A working class voice to say 'save our steel!'
Scottish elections: strong mood for anti-cuts strategy continues
London elections: fight for an anti-austerity GLA
Warrington: Socialist councillor fighting cuts and hitting doorsteps
Why I'm standing: TUSC can make a real difference
Southampton Labour council faces crisis as cuts hit city
Anti-cuts stand wins support from students in Leeds
Countering the growth of Ukip in south Wales
Workplace news and analysis
Junior doctors withdraw all labour to step up pressure
Trade Union Bill concessions made - now fight to scrap the lot!
Housing: Catalyst needs converting
Workplace news in brief
Socialist Party reports and campaigns
Butterfields: campaign to stay getting results
Women's Lives Matter
International socialist news and analysis
USA: the un-Democratic primary
Poland: anger at abortion ban plan
May Day greetings 2016: click here
The Socialist 27 April 2016 |
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