spotCampaigns

spotOrganisations

spotArguments for socialism

spotPeople

spotInternational

spotEvents

spotAround the UK


All keywords


All Arguments for socialism subcategories:

Arguments for socialism

* Capitalism

Globalisation Anticapitalism

Marxism


Capitalism keywords:

1929 (4)

Asset-stripping (9)

Austerity (1338)

Bankers (116)

Banking crisis (15)

Bear Stearns (3)

Blairite (25)

Bonuses (62)

Bourgeois (4)

Brexit (225)

British economy (20)

British politics (10)

Budget (377)

Capitalism (1024)

Capitalist (742)

Carry trade (1)

Coalition government (27)

Competition (32)

Credit crunch (20)

Debt (232)

Depression (24)

Economic crisis (98)

Economy (477)

Enron (2)

Euro (44)

Famine (2)

Great Depression (7)

Hedge funds (10)

Import controls (1)

Inflation (42)

Interest rates (28)

Jpmorgan (1)

Keynesian (8)

Keynesianism (4)

Lisbon Treaty (10)

Marriage (9)

Mortgages (21)

Northern Rock (34)

Oil (296)

Oppression (72)

Populism (8)

Private equity (11)

Profit (113)

Profit system (32)

Recession (127)

Rich (267)

Shares (19)

Shell (9)

Short-selling (2)

Social class (3)

Software (3)

Stock market (11)

Stock market crash (3)

Sub-prime (12)

Sub-prime market (2)

Subprime (10)

Tax (619)

Technology (34)

Universal Credit (63)

Wealth (84)

Wealth gap (15)

World economy (59)

capitalist crisis (37)

capitalist system (43)

Rich


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 716, 2 May 2012: Kick out the ConDems!

Search site for keywords: Rich - Pay - Pensions - Government

Rich list: The good times roll for the 0.00001%

Claire Laker-Mansfield
Bankers protest by Walthamstow Socialist Party, photo The Socialist

Bankers protest by Walthamstow Socialist Party, photo The Socialist   (Click to enlarge)

"Those with the broadest shoulders will bear the largest load... we're all in this together." These, David Cameron's famous words to his first Conservative Party conference as prime minister, asked ordinary people to close their eyes to reality.

Cameron asks us to join him on a journey to a make believe land where over-paid public sector workers with gold plated pensions, avaricious disabled people demanding welfare, and young people outrageously expecting a day's pay for a day's work, caused the economic crisis.

In his topsy-turvy world the greed of bankers, big business and the rich is a social good. Cameron 'rebrands' his friends with positive sounding labels in an attempt to conceal their parasitism. The rich are dubbed 'wealth and job creators'.

Richer by the minute

All of this, Cameron hopes, will help allay some of the anger felt by those who genuinely do create wealth (working class people) when they read this week's headlines. Because not only has the Sunday Times rich list revealed that those at the top are not suffering as a result of the cuts, we now find out that overall they are getting wealthier by the minute - all at our expense!

As public sector workers look forward to a lengthy pay freeze, paying more and getting less for their pensions or being forced to take up a place in the line at the job centre, the fat cats kick back and watch the money roll in.

The richest 1,000 people in Britain - around 0.00001% - have got 5% better off in the last year. Their individual fortunes added up make 414.26 billion. That's more than three times the government's own figures for the shortfall in 2010 - 137 billion. Even if these people were forced to pay just a 20% tax on their accumulated wealth (what most people pay on their very modest incomes) this revenue alone could almost fund the NHS each year!

Not fooled

Cameron's attempts to pull the wool over our eyes will not wash. The wealthy, who the Con-Dem government protect above all others, acquired their riches through cruel exploitation. It is working people who produce all the goods and provide society's services.

Those in the rich list's dizzy heights got there by creaming off a chunk of the wealth produced by workers and taking it for themselves. Now they ask for even more. As their crisis-ridden capitalist system fails we are asked to pay with our jobs and our services.

Working class people are not fooled by Cameron's trickery, searing anger is present on our streets. The fightback has begun. Mass strike action is planned for 10 May.

The 0.00001% should not sleep easy in their beds. The rest of us are demanding our fair share. The Socialist Party says let's take the wealth off the 1% and build a socialist society for the 99%.







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


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