Plutocrats lose
WHAT'S THE world coming to, when you buy an island and then the ungrateful peasants vote against you?
The billionaire Barclay twins - Sir David and Sir Frederick - purchased around a fifth of the channel island of Sark. This included half the island's hotels and one side of the main shopping street. Previously, they had bought the neighbouring island of Brecqhou.
Sark had recently caught up with the nineteenth century by holding elections to a parliament. However, it seems the old feudal ways appear to be more popular than neo-liberal capitalism as 90% of the 473 electorate voted against the Barclays' candidates.
Feeling miffed, the twins immediately upped and left, taking their £5 million a year investment with them and closing down their shops and building work on their properties, leaving many employees redundant.
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In The Socialist 7 January 2009:
Thousands protest against the Israeli onslaught
Socialist Party Marxist analysis
2009 - putting socialism back on the agenda
Socialist Party youth and students
Socialist Party campaigns
No festive joy for shop workers
Labour ministers' unsocial fund
Celebrity Big Brother
Tommy Sheridan in Celebrity Big Brother
International socialist news and analysis
USA: Chicago factory workers occupation wins concessions
Socialist Party workplace news
For a fighting Usdaw leadership
South Wales: Workers vow to fight job losses
BT: reluctant vote for pension cuts
Salford council: Equal pay, not pay cuts!
Environment and socialism
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