Wide screen devices may view this page better by clicking here

Arguments for socialism :: Nationalisation



triangleArguments for socialism




spotAround the UK

All keywords

All Arguments for socialism subcategories:

* Arguments for socialism


Globalisation Anticapitalism



Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 1088, 27 May 2020: Reckless, lying, cheats

Search site for keywords: Ferries - Nationalisation - Jobs - Government - Shipping - RMT - Dover

Fight P&O's billionaire bosses' jobs cut plan - nationalisation not bailouts!

P&O, photo Charles01/CC

P&O, photo Charles01/CC   (Click to enlarge)

Eric Segal, Kent Socialist Party

P&O Ferries has announced plans to cut 734 jobs in Dover and 122 jobs in Hull after it reported a severe downturn in demand.

The cuts, affecting more than a quarter of the group's workforce, come after the firm's owner, the Dubai-based DP World, had been seeking about 150 million in UK government aid. It is also only two months since DP World said it would be paying its investors about 270 million in dividends.

DP World owns shipping company P&O, the ports of Southampton and London Gateway, plus dozens more around the world. 80% of DP World is owned by the United Arab Emirates, and the rest by international investors. Last year the company made profits of more than 1 billion on revenues of more than 6 billion.

P&O operates passenger ferries between Dover and Calais, as well as Hull to Rotterdam and Zeebrugge, plus services across the Irish Sea. This is in addition to transporting 15% of all goods in and out of the UK.

The government has already dished out over 10 million in wage payments for 1,400 furloughed P&O staff since the start of the pandemic.

The RMT transport and maritime union has written to shipping minister, Kelly Tolhurst, demanding actions from the government to support the union's fight to save jobs. The letter includes a call for the government to "pursue public ownership and control of P&O Ferries' operations as a priority". Contracts should be brought back in-house, jobs and pensions guaranteed, with no bailout for bosses!

However, we cannot have any confidence in this Tory government to defend jobs. Plus experience has shown that any nationalisation must be on the basis of democratic workers' control and management.

P&O workers need to draw on the valuable lessons of the bitter year-long strike in 1989 which linked seafarers internationally against the attacks on job losses, and recall the words of Bob Crow, the late general secretary of the RMT, "If you don't fight you will lose but if you fight you may win".

Donate to the Socialist Party

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.

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.

Please donate here.

All payments are made through a secure server.

My donation


Your message: 


Arguments for socialism keywords:

Banking crisis (15)

Banks (291)

Clause 4 (1)

Clause four (6)

Consciousness (11)

Democracy (190)

Minimum wage (312)

Nationalisation (206)

New workers parrty (6)

Northern Rock (34)

Party funding (1)

Photographs (4)

Planning (86)

Podcasts (5)

Socialism 2007 (17)

Socialism 2008 (13)

Solidarity Scotland (1)

Solidarity (388)

The Socialist (1183)

Them & Us (25)

Trade union organisation (7)

Vaccine (14)

What we saw (38)

Workers (1909)

Workers press (1)

Working class (852)

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Article dated 27 May 2020

Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party


Pay in Fighting Fund

Pay in paper and book sales


Bulk book orders

New member submission


triangle13 Jun Unison & PCS conferences Socialist Party fringe meeting

triangle15 Jun Bristol North Socialist Party: Education under capitalism

triangle15 Jun Caerphilly & RCT Socialist Party: The socialist approach to the environment


The Socialist, weekly newspaper of the Socialist Party


What we think


Workplace news

Lessons from history

Campaigns news


Readers' opinion

Subscribespacer|spacerebook / Kindlespacer|spacerPDF versionspacer|spacerText / Printspacer|spacer1137 onlinespacer|spacerBack issuesspacer|spacer Audio files

Cladding safety: Protests demand developers and government pay

Cladding safety: Protests took place around the country on 5 June highlighting the cladding crisis

What We Stand For
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Platform setting: =

Desktop version