Tag Archives: austerity

Britain and Austerity

By Anton

Capitalism has divided us, and it’s done it with spectacular results. Cameron has shifted the public worry from the economic hardships to immigrants. In fact, we can see the more shit they get us in, the more shit the immigrants get. Of course, in times of trouble, the ruling classes will attempt to divert the masses anger towards a scapegoat, whether it is an ethnic minority, a religious minority, or, in Britain’s case- the lumpen proletariat.
The daily mail began its relentless campaign on those on benefits, often picking those who represent the worst of the lumpen proletariat, and then demand the destruction of the welfare state. But what happens when Cameron runs out of people to blame? He’s blamed the poor, the people on benefits, the immigrants and the disabled.
I would like to say the British people would not stand by whilst their beloved welfare state is cut up and handed to Cameron’s chums, but so far I’ve seen little resistance.

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Daily Headline – 07/03/13

Portuguese at their limit with austerity

Portugal protest flagThe Portuguese are realising that the spending cuts are not working, the people are angry and depressed.

March 2nd saw huge protests in the capital Lisbon that included people right across the spectrum, young, old, left, public workers and students.

The Portuguese accept that there must be some cuts but the level imposed by its government under the EU bailout terms are too much, too fast.

The EU has praised Portugal’s progress and urges them to continue despite the strong protests.

On March 13-14 there will be strikes by rail workers.
On March 21-23 there will be further strikes by staff at the national airline TAP.

People are calling for the resignation of all austerity-minded government ministers, an end to budget cuts, pay cuts/freezes and unemployment (which now stands at over 16%).

For further details click here.

UK Socialist Party on credit downgrade

From the Socialist Party:

Socialist PartyCredit rating downgrading proves that austerity isn’t working – Socialists call for mass movement to stop the cuts

Hannah Sell, Socialist Party deputy general secretary says: “The government has justified brutal austerity by saying that it would reduce the deficit and protect Britain’s AAA credit rating. As we warned the opposite has happened. The deadline for cutting the deficit has now been moved back to 2018. And today’s news that Moody’s has cut the crediting compounds that failure.

“There is no justification for the misery the government is inflicting on working class people. This crisis is a crisis of capitalism; caused by big business and in particular the bankers. Ordinary people should not be paying for it with our jobs and services. We are part of building a mass movement of against the cuts. We support the campaign by trade unionists for the calling a 24 hour general strike as the next step in the fight against austerity. We also believe the anti-cuts movement needs a political voice. We are part of the Trade Unionist and Socialist Coalition (TUSC) which brings together socialists and trade unionists, including the RMT, to stand candidates against cuts and privatisation.”

The Socialist Party of England and Wales (formerly known as Militant Tendency) is a campaigning, democratic organisation which plays a key role in the anti-cuts movement today. Historically, we played a leading role on Liverpool Labour council in the 1980s when it defied Thatcher and refused to implement cuts winning £60 million to spend on jobs and services in the city. We also led the struggle in the late 80s and early 90s when 18 million people nationwide refused to pay the hated poll tax. We fight against all attacks on the rights and living standards of working class people.

Business shafts customers

By Leon J Williams

Failing music retailer business HMV has decided to shaft its customers by not honouring gift vouchers that haven’t currently been redeemed.

HMV is a British multinational company that after 90 years of operation has entered into administration, likely to be soon no more.

Over 4,000 jobs hang in the balance as yet another British High Street retailer collapses under the ongoing economic crisis, the by-product of capitalism.

Last week it was announced that Jessops (a camera retailer) was set to close down, making around 1,400 workers unemployed.

With companies going under left, right and centre where will these people find work, pay their rent and feed their families?

The right-wing British government is also cutting benefits to the disabled and unemployed meaning a downwards spiral for the working class.

Higher unemployment, failing businesses means less tax revenue for the government, which means the UK will find it harder to reduce national debt, which has been seen and admitted by the government when they acknowledged that it will take far longer than previously expected.

‘Austerity’ doesn’t work, we need investing in sustainable jobs not welfare cuts, service cuts, job cuts!

Update

It has just been announced that Blockbuster UK, the video rental chain has also gone into administration putting at risk over 4,000 jobs.