Them and us fishes, photo Suzanne Beishon

Them and us fishes, photo Suzanne Beishon   (Click to enlarge: opens in new window)

Panama papers

Poverty charity Oxfam has detailed yet more of the capitalists’ obscene hypocrisy as revealed in the Panama Papers. Its latest report, ‘Broken at the top’, exposes the lie that capitalism is an effective system for allocating global resources.


£973 billion

Amount the United States’ top 50 companies have stashed in offshore tax havens (Oxfam).

£972 billion

Gross domestic product (total economic activity) of Spain in 2014 (World Bank).


$100 billion a year

Amount developing countries lose to corporate tax dodging (UN). Let alone ‘legitimate’ profits, which workers make but bosses own.

$46.7 billion a year

Maximum cost of providing clean water, sanitation and hand-washing facilities to all who don’t currently have them (World Bank).

2.2 billion people lack water, 3.4 billion sanitation and 4.8 billion basic hygiene.


“Close to pointless”

Oxfam’s assessment of the European Union’s severely limited proposals to reduce tax avoidance in the wake of the Panama Papers.

The EU’s unelected executive body, the European Commission, has no interest in attacking the bankers and big businesses which created and fund it.

Voting Leave would help disrupt the capitalists’ international tax-dodging racket. Genuine, socialist internationalism exists in spite of the bosses’ efforts to coordinate against us – not as part of them.