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From The Socialist newspaper, 14 June 2007

How Mittal makes millions

HOW DOES Britain's richest man - Lakshmi Mittal, Tony Blair's pal and the Labour Party's biggest financial backer - make his billions? By exploiting workers (and paying no tax)!

Dave Carr

As part of his global business empire which made him a 19 billion fortune, Mittal owns Lenina mine in the former soviet republic of Kazakhstan (ruled by the despot Nursultan Nazarbayev, whose state forces routinely attack the workers' movement and members of the CWI*).

Mittal is the country's biggest employer with 50,000 workers and has been appointed Kazakhstan's special envoy to Britain.

But Mittal is no 'model employer'. Some 91 miners have been killed at Lenina mine since 2004. The Sunday Times reports that at the plant in 2006, when 41 miners were killed in a massive explosion, managers told miners to ignore safety concerns with the ventilation system and go underground in order to meet production targets.

One miner said: "The pressures local managers put us under to meet targets so they can collect their bonuses are more and more stressful. We are being exploited like animals."

Despite Mittal paying compensation to the dead workers' families and raising wages, trade unionist Pavel Shumkin said: "He is making huge profits at the expense of miners who are made to work like dogs in appalling conditions. The miners all agree: compared with life now under Mittal, for them everything was better in Soviet times."

(*CWI - the Committee for a Workers' International, the socialist international organisation to which the Socialist Party is affiliated)

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In The Socialist 14 June 2007:

Fight for a living wage

No to attacks on pay and conditions: leaflet

Come to the National Shop Stewards Network Founding Conference

Founding Conference of the National Shop Stewards Network

Stoke: Anger at postal privatisation


Unison national conference

Fight attacks on the public sector

Members' discontent strengthens left in UNISON elections

Campaign For A New Workers' Party public meeting

Swansea workers fight privatisation

Merger with GMB?


What we think

United public sector struggle needed


Socialist Party NHS campaign

Fresh wave of protest in NHS

Labour climbs down in Wales - but for how long?

Coventry - Anger at NHS redundancy threat

Durham hospitals jobs threat

Prescription for profit

Stem cell potential to break medicine bottleneck


War and terrorism

Stop The War Coalition - demonstration

Anti-Bush day in Italy - A tale of two protests


G8 Summit protests

What did the G8 summit achieve?

G8 protests: Determination wins through


International socialist news and analysis

Boycotts of Israel: Will they help the Palestinians?

Western hypocrisy over 'democracy' utilised by Putin


Socialist Party news and analysis

Oil, profits, sleaze and hypocrisy

How Mittal makes millions

Bosses' bonuses

Amicus conference: Unite and New Labour


 

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