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From The Socialist newspaper, 21 June 2016

Socialist Party fundraising: punching above our weight

Money plants cash trees finance funding taxrebate.org.uk (Creative Commons), photo TaxRebate.org.uk (Creative Commons)

Money plants cash trees finance funding taxrebate.org.uk (Creative Commons), photo TaxRebate.org.uk (Creative Commons)   (Click to enlarge)

Caroline Vincent

The Socialist Party is funded differently to capitalist political parties - we don't receive our money from big business. Rather, it comes from members' and supporters' donations.

For this reason, it is vital that we develop effective finance organisers in every party branch. With this in mind, around 50 members from across England and Wales attended the Socialist Party national finance meeting on 11 June.

Deputy general secretary Hannah Sell provided a political backdrop to the tasks we face, opening the meeting with a discussion on the political situation in Britain.

The EU referendum has been dominated in the mass media by right-wing arguments on either side, but Hannah pointed out that a significant layer of workers agree with our socialist reasons for exit - when they hear them.

Many people are seeking a political alternative to the establishment parties - providing an opportunity for building the Socialist Party. But without money, we would achieve nothing! We need to make sure that the Socialist, Socialism Today and our other publications are read as widely as possible. Posters, placards, leaflets are also essential for us to get our ideas out there.

The Tories' cuts have affected our own members; some have lost their job or had pay or benefits cut. We have responded to these challenges over the past 12 months by aiming to increase membership subs, fighting fund and sales of the Socialist and Socialism Today.

This has paid off with significant improvements to our income. For example, in the first three months of 2016 an impressive 36,281 was raised in fighting fund - a record for the first quarter. The meeting discussed innovative ways in which branches had fundraised - from fun runs to badge sales - as well as how we can increase income from the subs and sales of the Socialist.

We are a small party relative to the tasks at hand, but as national treasurer Ken Douglas commented, "our influence is out of all proportion to our size". A serious approach to finance will allow us to continue to punch above our weight.

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In The Socialist 21 June 2016:


EU referendum

EU referendum: whatever the result, political turmoil is ahead

EU: busting the myths that Remain is best for the 99%

TUSC anti-EU tour touches down in Wales

BT Brexit baloney

Letters: EU referendum


International socialist news and analysis

Orlando massacre: working class unity to defeat homophobia, terrorism and racism

France: workers' revolt against labour law grows


Socialist readers' comments and reviews

Hilarious, innovative satire on state bureaucracy


Workplace news and analysis

Unison conference 2016: fighting leadership needed more than ever

GMB backs no-cuts budgets and steel nationalisation

Pennine Foods strike forces bosses back to the table

Hospital porters and domestic staff claim jobs and pay victory

Strike at Argos depot against contracting out of jobs

Buses parked three deep in Leeds strike

School support staff mobilise against slashing of pay

Uber drivers strike against unfair fares

Lorry stoppage paves the way to victory

Solidarity with victimised bakers' union rep


Housing crisis

Action to defeat the Housing Act: we won't move!

Housing Act: landlords and developers set to profit

Generation rent demands affordable housing


NHS

Re-open Chorley A&E - end the staff shortages

Hands Off HRI campaign grows from strength to strength


Socialist Party news and analysis

Systemic failures hurt kids in justice system

Them & Us

Socialist Party fundraising: punching above our weight


 

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Related links:

Finance:

triangleEast London Socialist Party: The importance of finance to a revolutionary party

triangleWest London Socialist Party: Finance and the Socialist Party

triangleFinancing the fightback

triangleNewham finance staff fight pay and grading insult

triangleThe case for socialist nationalisation

Socialist Party:

triangleBristol Socialist Party: Socialists and Bristol's mayoral election

triangleBristol Socialist Party meeting (subject tbc)

triangleBristol South Socialist Party: Building the Socialist Party in 2020

triangleBristol South Socialist Party: Capitalism and the food industry

Socialist:

triangleBristol South Socialist Party: What is the role of social media?

triangleBristol South Socialist Party: Why is a revolutionary party necessary?

triangleBristol South Socialist Party: How will the class struggle unfold in Britain?

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triangleWestex Carpets workers in Cleckheaton, West Yorkshire, have been on strike for two months in a dispute over pay.

triangleCardiff East Socialist Party: Organising the Socialist Party fightback in 2020

Fighting Fund:

triangle50,240 - a new fighting fund record

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