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From The Socialist newspaper, 15 December 2021

Global inequality grows

Britain's super-rich are threatening to up sticks to avoid higher taxes, photo (public domain)

Britain's super-rich are threatening to up sticks to avoid higher taxes, photo (public domain)   (Click to enlarge)

Richard Gingell, Wolverhampton and Black Country Socialist Party

In the most recent World Inequality Report, it has been discovered that the richest 10% now own more than 75% of global wealth and take 52% of all income. 2020 saw the steepest increase in billionaires' share of wealth on record.

The report also makes mention of the "snowballing" effect of wealth accumulation and suggests measures to curtail such massive accumulation, including higher taxation. But the report does not explain how to overcome the bosses' resistance to such policies, and the necessity to build a working-class movement to fight for them. Of course, it also stops short of explaining the need to end inherently unequal capitalism.

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In The Socialist 15 December 2021:


News

Tory cuts and privatisation leave NHS in crisis

Unions must fight for Covid workplace safety

Councils to make workers pay, again

Assange faces extradition

Global inequality grows


What we think

Split Tories and spineless Starmer


End of the USSR

The legacy of the collapse of Stalinism


LGBTQ+ rights

Stonewall attacked by the establishment


Workplace news

Sharon Graham: 100 days as Unite general secretary - the challenges ahead

Fighting union leadership needed to win NHS pay rise

Support tube workers fighting back

South Wales Stagecoach victory

Yorkshire Stagecoach strikers confidence growing

Welcome support for striking Scunthorpe scaffolders

Guards fight for their grades on CrossCountry rail

London colleges victory

Coventry bin workers strike against Christmas holiday cut

Sheffield couriers escalate and spread action

Uni support staff strike ballot

Tesco strike action latest

Barts health workers to strike for a pay rise

Worksop Wincanton depot strike builds


International news

Sudan: End military rule and poverty


Campaigns

Nana's eviction: Community vs heartless Labour council

London solidarity protest: Rio Tinto out of Serbia

Save St Mary's Leisure Centre in Southampton

Why we joined the Socialist Party

Selling the Socialist - Waltham Cross and Boscombe

Posters, car boot and socialist guided tour - some ideas to raise funds


Readers' opinion

TV review: Vaccine Wars: The Truth About Pfizer


Quiz 2021

Christmas quiz of 2021


 

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Related links:

Inequality:

triangleVaccine inequality - the ugly face of capitalism

triangleThe fall of Apartheid in South Africa

triangleThe fall of Apartheid in South Africa

triangleSarah Everard trial reveals police abuse of power

triangleOlympic 'success' masks cuts and inequality

Wealth:

triangleTake the wealth off the super-rich to fund: NHS and social care, pay and benefit rises

triangleMillionaires multiply during pandemic

triangleHow to deal with the tax-dodging mega-rich? Nationalise!

triangleWould a wealth tax end poverty and inequality?

Socialist:

triangleObituary - Ethan Bradley 1993-2021

triangleObituary - Pauline Wall

triangleNorth London NHS - "It's going to be us who saves it"

Capitalism:

triangleBullying weighing room culture at the races

triangleMoney Heist: A Robin Hood tale set in modern-day capitalism

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