Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/446/5306

From The Socialist newspaper, 29 June 2006

G8 leaders fail to make poverty history

LAST JULY, members of the Socialist Party and our counterpart organisations in Europe took part in the week-long protests at the 'Make Poverty History' summit of the G8 (rich) countries.

In our literature and at the numerous demos and meetings we pointed out that to make poverty history it was necessary to make capitalism history. As long as the profit system existed, inequalities of health and wealth between rich and poor, unemployment, poverty and indebtedness would grow, both between countries and within countries.

Twelve months later all the hype by Chancellor Gordon Brown and the other capitalist politicians about debt relief and eradicating poverty has been, unsurprisingly, shown to be rubbish. A report by the charity Action Aid says: "One year on, the world's richest countries are moving too slowly, or not moving at all, on most of their key commitments to tackle poverty."

Economic aid from Britain has actually decreased during the last year. There has been some debt relief to the heavily indebted poorest countries but much of this 'debt' comprised of interest charges - the original loans having been repaid many times over.

Moreover, the World Bank estimated last year that the total amount of debt of the 'developing countries' was $2.5 trillion, with nearly two-thirds of that figure being owed to private Western investors.

So by cancelling debt stock payable to Western governments, many countries would still be massively in debt and Gordon Brown would just be ensuring that private banks and companies got paid.

Also, much of this debt relief is tied to forcing 'neo-liberal' policies (privatisation of public services and access to local markets for multinationals etc), onto poor countries.

Trade injustice also looks set to continue. The much vaunted reduction in billions of dollars in subsidies to agribusiness in the advanced capitalist countries, which undermine agriculture and industry in poorer countries, has been blocked in the World Trade Organisation.

 

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 June 2006:


Socialist Party NHS campaign

NHS SOS

Manchester marches to defend the NHS

Save our baby unit!

Take over the drugs giants

What the Socialist Party says:


Socialist Party youth and students

Young people - fight for your rights!


Socialist Party feature

SWP / Respect conference: Flawed perspectives


International socialist news and analysis

Greek students' protests ignite solidarity action

New regime in Somalia a setback for US imperialism


Socialist Party campaigns

G8 leaders fail to make poverty history

Police and fascists attack Moscow Pride

Fight back against homophobic bullying


Socialist Party workplace news and analysis

Hands off civil servants' pension rights

Support striking Asda workers

Anger at leadership's tactics

Not just: " Lie back and Think of England"

General Motors meets workers' resistance


 

Home   |   The Socialist 29 June 2006   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

G8:

triangleG8 Summit - what were the decisions?

triangleThem & Us

triangleNo to G8 austerity

triangleMarch against the G8

Poverty:

trianglePoverty rises again - especially for BAME workers

triangleA timely read about a pandemic that overwhelms society

triangleOver 30% of children living in poverty

triangleGoing viral: Socialist comments and letters

Debt:

triangleAct now to cancel Covid crisis rents and debt

triangleLebanon - mass protests cut across sectarian division

triangleNHS debt so high it can't be repaid - so don't pay it!

Relief:

triangleIndonesia tsunami - a disaster compounded by capitalism

triangleYoung people being strangled by debts

Aid:

triangleInternational aid: Johnson's pie in the sky

Reports and campaigns

Reports and campaigns

8/7/20

Southampton

UCU: election victory for combative rank and file

8/7/20

NSSN

Fantastic virtual NSSN conference: "Fight for our lives and livelihoods''

8/7/20

Socialist Party

The best place to start - join the Socialist Party

8/7/20

Trans rights

Trans rights protests oppose Tory backsliding

8/7/20

Black Lives Matter

Black Lives Matter - the fight is not over

8/7/20

Equal pay

Homerton hospital workers deserve equal pay and conditions

8/7/20

Jobcentre

Jobcentre reopening: only union struggle will put safety first

8/7/20

Tower Hamlets

Tower Hamlets council workers strike against wholesale attack on terms and conditions

8/7/20

Nottingham

Nottingham unions fight council job cuts

7/7/20

Bangladesh

Bangladesh: Stop closure and privatisation of Jute Mills

1/7/20

Fighting Fund

Fighting Fund: Target smashed by half time

1/7/20

PCS

Change in leadership needed to secure union's future

1/7/20

Black Lives Matter

BLM has not stopped - protesters flock to Socialists

1/7/20

Ken Douglas

Red flags line road for Ken

1/7/20

Leeds

Leeds City Council in danger of bankruptcy

triangleMore Reports and campaigns 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


July 2020

June 2020

May 2020

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