Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/968/26347

From The Socialist newspaper, 25 October 2017

Fearful Tories mull borrowing to build

For a mass programme of council house building!

Bricks Building Housing, photo Scott Lewis/CC

Bricks Building Housing, photo Scott Lewis/CC   (Click to enlarge)

James Ivens

The Tories are considering borrowing to build homes. It's the government's umpteenth muddlement in a post-election retreat on all fronts.

Communities Secretary Sajid Javid says the Autumn Statement could promise up to 300,000 new builds a year. That would be 50% more than Jeremy Corbyn pledged in June's anti-austerity manifesto.

Javid fears the young. Corbyn's pro-worker stand gave a new generation confidence to fight.

Millennials have to spend three times as much on housing as our grandparents did, says the Resolution Foundation. At the same time, our grandparents - and parents - have had their pensions pillaged.

But it's fat times for property hustlers. The Tories gave 50 million in handouts to "rabbit hutch" flat developers last year, the Sunday Times has found.

Given this mess, new homes are welcome. But what kind?

Council homes

Corbyn said at least part of his would be lower-rent council or social homes. The Socialist, by the way, says all of that promised million should be council homes - but it's a start.

The Tories, however, need to dream up ever more markets for their paymasters' profits. Thatcher's 'right to buy' sold off public housing stock. Cameron's 'help to buy' only pushed up prices more. Expect yet another conveyer belt of capital into the bosses' pockets.

The Labour right is no different. Sadiq Khan, Blairite mayor of London, had been on the job a year this May. Total new social homes built? Zero. Total started? Zero.

But right-wing Labour councils go on levelling working class homes to make way for the gleaming monoliths of billionaire oligarchs.

And hang on - borrowing to build? There's a deficit to pay down, we thought? It's almost as though austerity is one big ruse to move more money from workers to the super-rich...

There's billions idling in the vaults of big business. We say nationalise the big developers and builders, under democratic workers' management and control. Requisition unused homes and land. Build genuinely affordable housing for all.

And Jeremy - instruct Labour councils to start now. Use reserves and prudential borrowing powers to show what an anti-austerity programme means in practice. The Tories are routing: sound the advance.

  • Socialism 2017 (11 and 12 November, central London)
  • Discussions include: 'Local government - the next scene of the anti-austerity battle?'

    Rally speakers include: Ian Mearns, Corbynista MP

    Find out more and book tickets at socialism2017.net

    Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


    In The Socialist 25 October 2017:


    What we think

    Socialists must back Catalan struggle for self-determination


    Women

    1967 Abortion Act reflected social changes


    International socialist news and analysis

    Kurdish referendum declared illegal


    Socialist Party news and analysis

    Universal Credit chaos: Tories punish the poor

    Fearful Tories mull borrowing to build

    Kids wait 18 months for mental healthcare

    Profit-driven pesticide use now threatens life

    Profiteering NHS counter-fraud firm in alleged case of... fraud

    Them & us

    What we saw: May on Facebook


    Workplace news and analysis

    Aslef members must reject poor Southern Rail offer

    Arriva North West bus drivers strike over pay

    NSSN meeting brings together workers in struggle

    Manchester lecturers walk out


    Socialist Party reports and campaigns

    Hear from socialists involved in struggles the world over at the Socialism 2017 Saturday rally

    Angry east London residents organise against threat to leisure centre

    Trade unionists march to defend 650 local jobs

    Bad Art's Leicester event

    Storm Brian cannot withstand working-class anger


    Socialist readers' comments and reviews

    Well-deserved ridicule of Stalinism is impressive, funny but flawed

    Film - Dennis Skinner: Nature of the Beast

    New musical on life of Castro

    The Socialist inbox


     

    Home   |   The Socialist 25 October 2017   |   Join the Socialist Party

    Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






    Related links:

    Housing:

    triangleHaringey protests HDV - but Labour fails to kill it off completely

    triangleRent doubles in a decade: cap rents, build council homes!

    triangle'Occupy to save the town square'

    triangleUniversal credit: set up to fail

    triangle2m to remove Grenfell-type cladding: residents to get bill

    Tories:

    triangleTories raid 1bn from NHS facilities budget - unions must act

    triangleNorth London Socialist Party: When Liverpool council defied the Tories

    triangleDarkest Hour: Not the usual flattery of brutal Tory Churchill

    triangleTory infighting escalates - workers' action can oust them

    Council:

    triangleSave Salford nurseries!

    triangleVictory: Pontllanfraith leisure centre saved

    triangleLabour councillors push through savage cuts in Kirklees budget

    Homes:

    triangleThe Socialist inbox

    triangleGentrification scourge hits Kent

    Austerity:

    triangleBlairite mayor faces open election after democratic 'irregularities' - fight for a no-cuts mayor

    Anti-austerity:

    triangleTower Hamlets Socialist Party: How can we get Jeremy Corbyn's anti-austerity policies into our local council?

    London:

    triangleTower Hamlets Socialist Party: 120 years since the death of Eleanor Marx

    Local government:

    triangleBristol anti-cuts campaigners debate alternatives to the cuts

    Jeremy Corbyn:

    triangleHaringey: now's our chance for a no-cuts council

    News and socialist analysis

    News and socialist analysis

    21/2/18

    TUSC

    Outrageous sentence for TUSC agent in 'misleading electors' court case

    21/2/18

    Tamil Solidarity

    Facebook sides with state repression - reinstate the Tamil Solidarity page

    21/2/18

    Students

    How can students and young people fight the Tories?

    21/2/18

    Northern Ireland

    Northern Ireland talks process paralysed

    21/2/18

    UKIP

    Like rats from a sinking Ukip

    21/2/18

    Newham

    Blairite mayor faces open election after democratic 'irregularities' - fight for a no-cuts mayor

    21/2/18

    NHS

    Tories raid 1bn from NHS facilities budget - unions must act

    19/2/18

    Election

    Usdaw victory - Socialist Party member Amy Murphy wins presidential election

    14/2/18

    Tamil Solidarity

    Tamil youth march for justice

    14/2/18

    Foreign Aid

    Oxfam scandal: we need democratic aid and working class solidarity

    14/2/18

    TUSC

    Building support for Corbyn's anti-cuts policies in the local elections

    14/2/18

    EU

    What we saw: Tory-Blairite EU love-in

    14/2/18

    Rents

    Rent doubles in a decade: cap rents, build council homes!

    14/2/18

    Public ownership

    McDonnell says Labour would put services 'irreversibly' in workers' hands

    14/2/18

    NHS

    We can win the fight for the NHS

    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: info@socialistparty.org.uk

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

    Regional Socialist Party organisers:

    Eastern: 0798 202 1969

    East Mids: 0773 797 8057

    London: 020 8988 8786

    North East: 0191 421 6230

    North West 07769 611 320

    South East: 020 8988 8777

    South West: 07759 796 478

    Southern: 07833 681910

    Wales: 07935 391 947

    West Mids: 02476 555 620

    Yorkshire: 0114 264 6551

    ABOUT US

    ARCHIVE

    Alphabetical listing


    February 2018

    January 2018

    2017

    2016

    2015

    2014

    2013

    2012

    2011

    2010

    2009

    2008

    2007

    2006

    2005

    2004

    2003

    2002

    2001

    2000

    1999