spotCampaigns

spotOrganisations

spotArguments for socialism

spotPeople

spotInternational

spotEvents

spotAround the UK


All keywords


All Campaigns subcategories:

* Anti-capitalism

Anti-fascist

Anti-racism

Anti-war

Asylum

Black and Asian

Children

CNWP

Corporate crime

Disability

Education

Election campaigns

Environment

EU

Finance

Food

Gender Recognition Act

Health and safety

Health and welfare

Housing

Human Rights

LGBT Pride

Local government

Local services

Low pay

Migration

Nationalisation

New workers party

NHS

Pensions

Post Office

Poverty

Privatisation

Public Services

Socialism

Socialist

Sport

Stop the slaughter of Tamils

Students

The state

Transport

TUSC

Welfare rights

Women

Workplace and TU campaigns

Youth


Anti-capitalism keywords:

Anti-capitalism (6)

Anti-capitalist (34)

Big business (318)

Big-business (12)

Capitalism (1130)

Fat cats (54)

Gilets jaunes (5)

Mcdonald (29)

Mcjobs (2)

Occupy (29)

Prague (8)

Ttip (19)

What We Heard (3)

Wikileaks (9)

Workers Rights (1)

Anti-capitalism


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 1112, 2 December 2020: Better for billionaires, Worse for workers

Search site for keywords: Covid - Pay - Poverty - Health - Government - Capitalism - Economy - Inequality

Covid crisis

Better for billionaires

Worse for workers

  (Click to enlarge)

Back in August, Boris Johnson promised a "world beating" track-and-trace system. Most people agree that didn't happen but the government and economy are 'world beating' in other respects.

Britain has one of the highest death rates from Covid and the highest number of excess deaths in Europe. The British government pumped nearly the biggest amount into the economy, and yet it has contracted the most of all the G7 countries.

They then acted swiftly to show that working-class people would be expected to pay the price for the crisis with a public sector pay freeze.

The planet is going to be hitting some new records this year too. At $10.2 trillion, the combined wealth of the world's billionaires is higher today than at its previous peak in 2017. There are more of them too - about 31 more than previously recorded.

It was a great year to be a health industry billionaire. Off the back of mass suffering and the pandemic they saw a record increase in their wealth taking it to $658.6 billion.

So how has Covid affected the other end of the scale - the poorest?

Poverty

England's poorest areas have been hit hardest with about twice as many deaths as the richest areas. Child poverty is on the rise and those already in 'deep poverty' saw the biggest reduction in their earnings, either being furloughed, having their hours reduced, or being laid off.

Globally, the number of people living on less than $1.90 a day has increased by 114 million and around 200 million jobs have been lost during the Covid crisis.

This year will be remembered as a year of extreme suffering and hardship, but also as a year that exposed the ruthlessness of capitalism and its governments. A year when nurses and key workers were only offered claps - not the pay rise they needed.

When staff in schools had their health put on the line to get people back to work. A year when workers had to organise to ensure social distancing in the workplace, fight for PPE and safety measures because all the bosses were worried about was profit.

There have been mass protest movements which have shaken society to its core, opposing oppression, inequality and the corrupt capitalism system. In Britain, young people forced back the Tory government and a footballer laid bare the cruelty of capitalism. This system always seems to have the money for military spending, there's always support to maintain big businesses profits but not to feed kids, support the elderly or people who are struggling.

Instead of running society in the interest of the profits of a few we need a system which actually works for the majority. That's why we need to fight for a socialist world - where the wealth and resources of society are owned and democratically controlled by the working class in order to protect the health and living standards of all ordinary people.

Donate to the Socialist Party

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.
  • 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 Fighting Fund.

Please donate here.

All payments are made through a secure server.

My donation

 

Your message: 

 







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: [email protected]

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: 075 4018 9052

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: 078 0983 9793

ABOUT US

ARCHIVE

Alphabetical listing


April 2021

March 2021

February 2021

January 2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999