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Capitalism :: Inflation
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22 July 2021
Health workers have been told that they are only worth a 3% pay rise. Teachers have been told they are worth nothing in terms of a pay rise this year. Hundreds of thousands of civil servants face a pay freeze. A million and a half council workers have already been told they are only worth 1.5%.
28 August 2019
Workers at a Matalan warehouse and distribution centre in Knowsley, Merseyside have taken strike action against a proposed pay deal.
17 April 2019
£400 billion worth of land - about 10% of the land mass - has been privatised since 1979, making it the biggest single privatisation, according to economist Brett Christophers.
22 August 2018
The average worker would take four lifetimes to earn what the average FTSE 100 chief executive makes in one year.
14 March 2018
After congratulating themselves on nominally bringing the British state's finances out of the red - by plundering working class purses - the Tories sat down to vote on cutting provision of school meals and childcare.
9 March 2018
NHS workers have reacted angrily to a Guardian headline: "NHS staff offered 6.5% pay rise over three years if they forfeit day's holiday"
29 November 2017
For workers, young people, the disabled and the unemployed, the lost decade since 2007 has been the equivalent of a Mark II Great Depression
18 October 2017
The civil servants' union PCS is stepping up its pay campaign by holding a consultative ballot
18 October 2017
Public sector workers have scored another victory against the Tories: the NHS pay cap will be scrapped
9 August 2017
The escalating civil strife and economic crisis in Venezuela is being used by western governments and the establishment media as a stick to beat socialists with. However, as Marxists in Venezuela explain in the following article, the Maduro state bureaucracy is incapable of mobilising the working class to defeat the capitalist counterrevolution.
21 June 2017
If more confirmation was needed about how working class people are being left behind, then look no further than the latest evidence of falling living standards from the Office for National Statistics
24 May 2017
While wages still sit £16 a week below their 2008 pre-recession peak, government figures have shown that the Tories have pushed pay 'growth' back below inflation - meanwhile, Corbyn pledges a higher minimum wage, end to the public sector pay cap, and ban on zero-hour contracts
30 November 2016
Worst decade for living standards since 1920s: Years of pay freezes, rises in living costs and benefit changes mean family incomes are growing more slowly now than during the immediate post-2008 crash.
31 August 2016
It's one world for the super-rich, and another one for the rest of us.
24 August 2016
There has been a lost decade for wage growth. Figures released by the Office for National Statistics show the income of working households is down £400 a year on pre-2008 levels.
25 May 2016
Counter-revolution gaining ground: Venezuela is being battered by a social and economic catastrophe. Reactionary right-wing forces have capitalised on the situation as support for president Maduro's government has crashed.
23 March 2016
It's one world for the super-rich, and another one for the rest of us. Osborne's 2016 them-and-us budget gives billions away to high earners and business, at the expense of millions of workers faced with yet more cuts.
16 March 2016
A feature on low pay featuring articles by a Tesco worker, a public sector trade unionist and the experiences of a zero-hour contract worker
6 January 2016
It's one world for the super-rich and their politicians, and another one for the rest of us. MPs award themselves even cheaper posh meals, while basic foodstuffs get costlier.
6 January 2016
Chancellor George Osborne's pet austerity apologists at the Office for Budget Responsibility have released figures predicting wage growth of just 6.2% over the decade to 2020. This is less than half the 12.7% growth from 2000 to 2010.
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