Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/1007/27854

From The Socialist newspaper, 29 August 2018

Editorial of the Socialist issue 1007

Capitalism is a chaotic, irrational system - we need socialist change

Capitalism means permanent instability

Capitalism means permanent instability   (Click to enlarge)

We need change and we need it now. A future for humanity and the planet is at stake.

As early as 2030 there will be no summer ice in the Arctic Ocean. Areas of water normally frozen all year round are open for the first time after the oldest and thickest sea ice in the area started to break up for the first time on record. Scientists described this potential turning point as 'scary'. The impact of climate events this summer has been huge - with devastating floods in the south of India and wildfires in several countries.

To avoid a climate catastrophe, any rational society would take urgent action. It would turn the best scientific minds to investigating solutions and preparing contingencies. It would, for example, invest huge amounts in alternatives to fossil fuels.

But this event - and the many others that indicate wide-reaching policy change is needed to save the environment - has led to no fundamental change in governments' policies. Because they dance to the tune of the capitalist system and make decisions almost solely in the interests of short-term profit.

The same has been shown by other recent events. The collapse of the Morandi bridge in Italy and resulting death of 43 people horrified working class people (see 'Italy: Morandi bridge collapse - your profits are our dead' at socialistworld.net). But it wasn't a shock from nowhere. It was an almost predictable consequence of the privatisation of Italian motorway management - demanded by a system that sees no use in something that doesn't create profit for the capitalist class.

There had been prior warnings about the risk to the Morandi bridge but nothing was done. And it's not a uniquely Italian problem - even as long ago as 1999 a study found that 30% of road bridges in Europe had some sort of defect. In the US it's estimated that 8.8% of all bridges are "structurally deficient" - that's over 54,000 dangerous bridges. Let alone if we looked at all the other types of infrastructure crumbling under the weight of privatisation and underinvestment. But still far too little will be done.

Austerity kills

If the capitalist politicians don't care enough about roads, the situation is even more pronounced when it comes to their disinterest in the welfare of the majority of people. The UK has experienced the worst slowdown of increase in life expectancy in the top 20 world economies. Experts point out the link to the crisis of social care for the elderly. Austerity is literally killing us. But it makes sense for capitalism so it carries on.

The capitalist press has cheered the alleged emergence of the Greek economy from a three year 'bailout deal' where the Syriza government committed to implementing brutal austerity in exchange for further loans from the European Central Bank, International Monetary Fund and European Union. Over half a million have emigrated. 20% are unemployed. More than a quarter of children live in poverty.

An ordinary person might be forgiven for assuming the celebrations meant the end of the suffering of the Greek people. But the 'emergence' being championed merely means the country can borrow at market rates for the first time since 2010. The repayments are due to continue for decades - at least. The cuts and privatisation will continue.

On all fronts - from the environment and infrastructure, to jobs and services, to health and wellbeing - this system is failing us. It's no wonder that people are looking for an alternative. Poll after poll tells us that an increasing number, especially of young people, have a more favourable view of socialism than capitalism.

And the desire for change is not just in polls. It's seen in the tens of thousands who attended rallies for Bernie Sanders and his 'political revolution against the billionaire class' during the US presidential primaries. In the surge behind Jeremy Corbyn as Labour leader and the 'youthquake' in the general election. In the US teachers' strikes and the mass protests against the oppression of women in the Spanish state.

This potential rising tide of mass opposition, combined with the unresolved economic crisis of capitalism, is fundamentally what is behind the political crises of the capitalist classes around the world. It is why US capitalism finds itself with a billionaire president but not under its control. It is also behind the Brexit divisions within the Tory party here in Britain, and the civil war in Labour.

Working class people have the potential power to end this destruction and chaos. The Socialist Party stands for the nationalisation of the major corporations that dominate the economy under democratic workers' control and management. This would allow the formulation of a plan for the production of goods and services in a way that can meet the needs of people and the environment. A socialist world - run democratically to meet the needs and wants of the majority, not the profits of the super-rich - can end the insecurities of war, poverty, and oppression, opening up the possibility of a plentiful and peaceful future for all.

Donate to the Socialist Party

Coronavirus crisis - 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.
  • Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
  • 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 special coronavirus appeal.

Please donate here.

All payments are made through a secure server.

My donation

 

Your message: 

 


In The Socialist 29 August 2018:


What we think

Capitalism is a chaotic, irrational system - we need socialist change


International socialist news and analysis

Trump ally prosecutions

Venezuela: How can reaction and imperialism be defeated?

China: Solidarity with Jasic Technology workers


News

Working families 50 a week short of paying for kids

Nationalise the energy giants to combat global warming

Them & us


Workplace

Restaurant tips walkout: "Hold the burgers, hold the fries, TGI are telling lies"

Sunderland: Resolute Liebherr workers in pay strike

Merseyside fire authority forced to postpone night closures

Northern Rail guards continue fight against driver-only operation

East Dunbartonshire council workers back further strikes


Youth and students

Exam factories, cuts and violence - Fight for our future!


CWI School 2018

The ongoing capitalist crisis and the struggle for a socialist world


Socialist Party reports and campaigns

NHS: Mass fightback is needed

Battle growing against Loch Lomond area big business sell-off

Leicester lobby calls for consultation on NHS closure plans

Socialist sales success in Cardiff

EDL sent packing in Worcester

Huddersfield Socialist Party organise counter-protest against EDL

Fracking companies backed by government and courts

Leeds protest against NHS treatment cuts


1918 police strikes

100 years since police went on strike: "never nearer to Bolshevism"


Opinion

The Socialist Inbox


 

Home   |   The Socialist 29 August 2018   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Capitalism:

triangleCapitalism means empty shelves, food insecurity, and soaring profits - the case for a socialist alternative

triangleCoronavirus news in brief

triangleCoronavirus plunges capitalism into global turmoil

triangleThe new crisis and its consequences

triangleWaltham Forest Socialist Party: Coronavirus - how capitalism made us vulnerable

Socialist:

triangleBasingstoke Socialist Party: 30 years ago - the anti-Poll Tax movement

triangleBradford Socialist Party: Trotskyism and the Second World War

triangleBradford Socialist Party: 'The State and Revolution'

The Socialist:

triangleHackney & Islington Socialist Party: The role of the Socialist paper and social media

triangleBuilding the Socialist Party

triangleHelp us continue to fight for workers and socialism

US:

triangleBradford Socialist Party: US, Trump and Coronavirus

triangleFully fund hospices to care for vulnerable children

Capitalist:

triangleEnd of the Corbyn era

Privatisation:

triangleNHS supply chain worker: privatisation has cut equipment quantity and quality

Environment:

triangleCuts and climate change cause floods

Austerity:

triangleNHS workers speak out: austerity has left us unprepared

Working class:

triangleLabour must resist 'Covid coalition'

Economy:

triangleAs coronavirus crisis intensifies, class antagonisms deepen

Economic crisis:

triangleMassive protests against Lebanon's corrupt elite

News and socialist analysis

News and socialist analysis

6/4/20

Labour

End of the Corbyn era

1/4/20

Coronavirus

As coronavirus crisis intensifies, class antagonisms deepen

1/4/20

Coronavirus

NHS supply chain worker: privatisation has cut equipment quantity and quality

1/4/20

Coronavirus

NHS workers speak out: austerity has left us unprepared

1/4/20

Coronavirus

PPE, Tests, Full pay - for all now

1/4/20

Coronavirus

New laws: Unions must be on guard against attacks on workers' interests

1/4/20

Coronavirus

Labour must resist 'Covid coalition'

31/3/20

Coronavirus

Coronavirus news in brief

31/3/20

Coronavirus

Capitalism means empty shelves, food insecurity, and soaring profits - the case for a socialist alternative

30/3/20

Coronavirus

Schools: union oversight needed to end chaos in provision under coronavirus

25/3/20

Coronavirus

We need tests for all now! Nationalise production and research

25/3/20

Coronavirus

Coronavirus plunges capitalism into global turmoil

25/3/20

Coronavirus

Coronavirus crisis: Tests, full pay and funding - for all now

25/3/20

Coronavirus

Union independence must be maintained - a reply to the TUC

25/3/20

Coronavirus

State intervention shows what is possible

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: 079 8202 1969

East Mids: 077 3797 8057

London: 07748 534 891

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: 077 0671 0041

ABOUT US

ARCHIVE

Alphabetical listing


April 2020

March 2020

February 2020

January 2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999