Them & Us

Trop cher

Britain's privatised, publicly subsidised, overcrowded rail network is also the most expensive in Europe. If it was nationalised - even on a capitalist basis like France's railways - UK passengers would save a staggering Ł4.6 billion a year in fares, as season tickets in France cost around 13p a mile, compared to 21p in the UK.

Critical injuries

Working class and middle class people are suffering huge job losses and cuts in living standards and services - part of the price for sorting out the debt-laden economy claims the government. But the UK economy continues to flatline. It seems that big business is refusing to invest, preferring to sit on cash reserves amounting to an unbelievable Ł754 billion - equal to 50% of GDP!

According to the chief economic adviser to the Item Club: "British companies remain extremely risk averse. Until these companies stop stashing the cash... the economy will remain on the critical list."

Accidental tourists

UK premier David Cameron recently visited Burma, currently run by a repressive military clique and where EU trade sanctions apply. Cameron is keen to lift ("suspend") sanctions on behalf of British capitalists who are eager to exploit the country's rich resources and cheap labour. To get round the tricky problem that it would be illegal under sanctions for the businessmen accompanying Cameron to enter Burma, the ever helpful UK foreign office reclassified them as "tourists".

Money formula

One country where UK sanctions don't apply is Bahrain. The semi-feudal dictatorship crushed pro-democracy protests last year and has used torture and show trials against its dissidents.

Next week Bahrain is due to host a F1 motor racing event. F1 teams are participating on the grounds that the event is "safe", and multimillionaire F1 boss Bernie Ecclestone says 'don't mix sport and politics'.

Other reasons might be that the UK based McLaren F1 team is 40% owned by Bahrain's ruling family who also own 50% of the McLaren car group and that the event is worth $25 million to F1.

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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 click here to donate to our Fighting Fund.