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.

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


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:

triangleThe fog of Brexit

triangleThe Socialist inbox

triangleFearful bosses call for 'fairer capitalism'...

triangle10 years since the financial crash - the socialist answer to capitalist crisis

triangleCapitalism in crisis: news in brief

Socialist:

triangleHackney Socialist Party: Build a movement against racism

triangleWest London Socialist Party: Build a movement against racism

triangleEast London Socialist Party: Build a movement against racism

triangleLambeth Socialist Party: Build a movement against racism

The Socialist:

triangleJoin our Socialist sales drive for issue 1011

triangleCorbyn must lead in fight against the Blairites

triangleBirmingham Socialist sales success

US:

triangleBezos housing hypocrisy

triangleThe ongoing capitalist crisis and the struggle for a socialist world

Capitalist:

triangleThe Socialist Inbox

Privatisation:

triangleYork health workers say no to privatisation

Environment:

triangleLiverpool Socialist Party: Marxism & the environment

Austerity:

triangle4m children in homes that can't afford fruit and veg

Working class:

triangleWhen working class women dominated football

Economy:

triangleBig drugs companies dodge 3 billion pounds in tax

Economic crisis:

triangleThe case for socialist nationalisation

News and socialist analysis

News and socialist analysis

19/9/18

Labour Party

Blairites must go

19/9/18

Student

Mobilise mass student fightback

19/9/18

Housing

250,000 families in "non-decent" homes

19/9/18

EU

The fog of Brexit

19/9/18

What we saw

What we saw

19/9/18

Rail

Rail rip-off reversal

19/9/18

Momentum

Momentum's 'The World Transformed' blocks discussion on Liverpool council struggle

19/9/18

Labour Party

The struggle to transform Labour

18/9/18

Drug companies

Big drugs companies dodge 3 billion pounds in tax

13/9/18

PCS

PCS: the real issues at stake - a reply to Socialist View

12/9/18

Labour Party

Corbyn must lead in fight against the Blairites

12/9/18

Capitalism

Fearful bosses call for 'fairer capitalism'...

12/9/18

Food

4m children in homes that can't afford fruit and veg

12/9/18

Them & Us

Them & Us

12/9/18

Academies

School students in solitary: for full funding, not exclusion!

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: 0784 114 4890

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


September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999