The limits
of reform
“The minimum wage was hailed
as one of the great achievements of New
Labour. But five years after it was introduced more than 200,000 people
in Britain are still on illegally low rates of pay . . . Unions and
low-pay campaigners say hundreds of companies are still flouting the
law, and not one has been prosecuted by the Inland Revenue since the
minimum wage was introduced. Since 1997, the IR has identified œ15m in
arrears of minimum wages which should have been paid to workers”
Independent (3 April).
Humanity
and hypocrisy
Amidst all the controversy
about the President Bush’s National
Security Adviser Condoleeza Rice and her role in the Iraq invasion one
interesting fact emerged. “And although she insists that the
Presidential hopeful she agreed to tutor in foreign affairs has brought
as much, if not more, to their partnership, the foreign policies of the
Bush presidency throughout its international crises have all borne the
stamp of the Rice credo. It is a world view that emerged from her
Stanford Cold War studies, which she articulated most clearly in an
essay on foreign affairs in 2000. Then Rice insisted the guiding
principle of America in the world should be the balance of power and
the national interest, not humanitarian interventions – a somewhat
cold-hearted formulation to which Bush added that the use of that power
should have a moral dimension that would encourage the spread of
American-style democracy” Observer (4 April). We can safely ignore that
piece of political flannel by Bush. He, like every statesman carries
out the policies that he thinks will be most beneficial to his national
capitalist class. Whatever else she may be, in her 2000 essay she was
being a lot more honest than the president.
Charity
boom
There is one industry
that continues
to grow in Britain today – the
Charity Industry. In 1991 there were 98,000 charities registered in
Britain, today there are 153,000. The number of paid charity workers is
now 569,000. Figures from the National Council of Voluntary
Organisations, quoted in the Observer Magazine (4 April). When one
considers the legion of unpaid charity workers that pursue you from
door-to-door to shopping centres it can be seen that this is truly a
major industry. But if workers are supposed to be getting better off,
why does capitalism need more charities?
Conspicuous
consumption
Here is a tale to anger all
those
workers who are homeless or
inadequately housed. “One of the richest foreign tycoons living in
Britain has lavished œ70m on a central London home – a world record for
a house purchase. Lakshmi Mittal, whose links with Tony Blair sparked a
cash-for-favours row, exchanged contracts earlier this month. He plans
to move his family into the mansion, which has 12 bedrooms but is 55
times bigger than the average house and has garage space for 20 cars”
Sunday Times (11 April). This is the reality of capitalism - they
own everything and we own next to nothing.
Mother’s little
helpers
The quiet desperation that is
the
lot of many working class women is
summed up in the following report. “More than half of British women
have taken some form of antidepressant, according to a survey by Prima
magazine. It showed 56 percent had taken prescribed antidepressants or
homeopathic alternatives. Many women were stressed, overstretched and
generally unhappy. Half of the women questioned cited problems at work.
The same proportion wanted to live somewhere else. Money appeared to be
more important than physical appearance, with 86 percent saying they
would rather win the lottery than be a size 10 for the rest of their
lives. One in four said money was their biggest worry” Guardian (15
April). Money and working for wages seems to be bugging everyone –
let’s get rid of the social system that makes this misery.
Live
now, pay
later
According to Datamonitor, a
financial information company, credit card
debt has reached a new high in Britain. “Its report charts an increase
of 59 percent in average balances outstanding in the UK, from an
average of œ719 per adult in 1999 to œ1,140 in 2003. Credit card
balances in the UK amounted to œ53.5bn at the end of 2003 – up from
œ33.1bn at the end of 1999, an increase of 62 percent” Herald (15
April). Datamonitor forecasts that this debt will continue to grow and
look upon this growth as just a modern way of buying things. “However,
Citizen’s Advice Scotland said that credit card debt was as much a debt
of poverty as a tool of financial management.“ ‘This research suggests
that some people will never be able to repay the substantial sums they
owe, due to the sheer scale of debt, their age, and the unlikelihood of
any change in their financial circumstances,’ said Kaliani Lyle, CAS
chief executive.” So whatever happened to all those defenders of
capitalism who had ideas about the working class getting steadily less
poor? Perhaps they are now employed by credit companies Capitalism is
an adaptable system..
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