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From: The Socialist issue 897, 13 April 2016: Panama papers, steel crisis, junior doctors' contract, austerity...Tories out!

Search site for keywords: South Wales - Jobs - Nationalise - Steel - NSSN - Workers - Llanelli - Nationalisation - Port Talbot - The Socialist - Swansea - Newport - Wales

Nationalise to save all Steel jobs

Port Talbot steelworks, photo Grubb (Creative Commons)

Port Talbot steelworks, photo Grubb (Creative Commons)   (Click to enlarge)

Alec Thraves

Tata Steel's UK assets are officially up for sale. Investment bankers and vulture capitalists are eyeing up any profitable pickings while at the same time willing to throw thousands of workers and their communities onto the scrapheap.

That is why the Socialist Party's demand for nationalisation of Tata Steel has received such an overwhelming amount of support in our steel communities.

Over the past couple of weeks thousands of leaflets demanding nationalisation have been eagerly snapped up and hundreds of copies of the Socialist sold to workers who have no faith in the private sector to save their jobs and livelihoods.

In the steel communities across South Wales on 9 April, our members, armed with our front page demanding 'Nationalise Steel', sold 70 copies of the Socialist in Port Talbot, 50 in Swansea, 40 in Newport, and 32 in Llanelli.

While there is understandably a certain feeling of relief by the sale of Tata's Scunthorpe plant to the 'investment firm' Greybull Capital, this breakup of Tata comes with a 3% pay cut, attacks on the workers' pension scheme and an uncertain future in the hands of a ruthless company.

That sale will be of no comfort to the workers in Port Talbot where the only interest shown from the private sector has been Sanjeev Gupta and his Liberty House company, a minnow businessman who admitted that his business plan was written on the back of an envelope! His precondition for even considering a bid is the closure of the blast furnaces in order to change the steelworks into a plant that recycles scrap metal - the biggest scrap dealer in Europe!

That is why nationalisation is the only guarantee to secure the steel industry in Britain and the tens of thousands of jobs that rely on it.

Steel jobs meme

Steel jobs meme   (Click to enlarge)

NSSN Nationalise Tata - Keep the Furnaces Firing public meetings

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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.

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